Climate Strategy and Market Opportunities Overview

Why is this Important?

EGCO Group realizes the importance of climate change being experienced around the world, particularly the natural disasters that is increasing in severity. EGCO Group is therefore committed to operating with environmental responsibility and aims to minimize greenhouse gas emissions from its operation to ensure that no negative impacts on the environment and resources are arisen by its operation. At the same time, EGCO Group is seeking to invest in alternative energy businesses or other businesses that would constantly generate strong benefits for the organization.

EGCO Group is aware that electricity and energy production business is a major source of carbon dioxide emission which leads to global warming and climate change. Solving problem at sources is of priority in business operation which has been implemented for example, balancing fuel types used in electricity production to gain energy security, increasing the investment in renewable energy and clean energy continuously every year, and establishing Thai Conservation of Forest Foundation (TCOF) who has been conserving and restoring the main watershed forests of Thailand for more than 20 years. However, considering current world energy direction and Thailand has pledged in COP26 to achieve carbon neutral by 2050 and net-zero emission by 2065, EGCO Group has therefore changed its business operation to comply with such directions.