Why is this Important?
Water is one of the key resources required in the power production process, especially for cooling systems. However, as climate change contributes to irregular rainfall or reduced precipitation, the security of this resource may be compromised, leading to potential water shortages that affect the production process. Furthermore, these impacts could extend to communities and ecosystems surrounding the Company’s operations. Thus, in order to avoid these impacts, EGCO Group ensures that all production plants assess their annual water consumption according to their production plans, analyze relevant data to monitor the water situation and maintain water reserves in the power plants’ reservoirs that can be used if an emergency situation occurs.
Sustainable Water Target
[GRI 303-1 (2018)]
Long Term Target
Integrated Water Management
[GRI 303-1 (2018), 303-2 (2018)]
EGCO Group’s water management system follows the Company’s Environmental Policy and is based on the 3Rs. This means the Company aims to reduce raw water consumption, reuse water, and treat water in order to recycle it.
The Company’s water management system propels us towards maximizing water efficiency and minimizing raw water consumption within the organization. For example, water discharge is reused for watering plants, cooling exhaust, cleaning roads, and spraying on roads to control dust. Additionally, the Company consistently monitors water discharge quality to ensure that it meets the minimum standards of the area before it is discharged to the natural environment.
EGCO Group continuously tracks and analyzes the water situation. As demonstrated in the breakdown below, the Company follows water risk management guidelines to reduce impacts, mitigate risks, and ultimately secure trust that our power plants can maintain continuous operations.
Water Risk Management
Policies, Requirements and Performance
Updated as of March 2023
The information reported above was prepared in accordance with the Global Reporting Initiative Standards (GRI Standards). It has been audited by an external party and has received limited assurance through the 2022 Annual Report.