ENHANCE

EXISTING BUSINESS

Strengthen conventional fuel-based power generation business in support of power-system security and in response to market demand.
Increase the percentage of power generation by renewable energy in pursuit of carbon neutral and net zero.

GROW

AND SEEK FOR ENERGY-RELATED BUSINESS

Create growth and explore investment opportunities in related energy businesses in the supply chain.
Collaborate with partners in studying and developing new fuels and clean energies related to hydrogen, ammonia, carbon capture, utilization and storage (CCUS).
Expand investment into new businesses such as startups focused on blockchain technology and energy trading platform.

CORPORATE

GOVERNANCE CONSISTENCY

Operate businesses based on the principles of good corporate governance.
- In 2022, EGCO Group was ranked “excellent” in the “Corporate Governance Report of Thai Listed Companies”.
Enhance credit standing and move towards investment grade. In 2022, EGCO Group was rated AA+ by TRIS Rating.
Maintain DJSI index. In 2022, EGCO Group was ranked in DJSI in the Emerging Markets Index in Electric Utilities category for three consecutive years.

OPERATIONAL

EXCELLENCE

Manage its organization in a sustainable way in all dimensions.
Improve operational system to perform better than standards on a continuous basis.
Foster business growth through ESG focus in all operating areas.
In 2022, EGCO Group has ranked SET’s Thailand Sustainability Investment (THSI) Index in Resources category for eight consecutive years.

EGCO GROUP

Driving Business Toward Sustainability

We reshape our commitment to meeting more challenges to achieve the goals of Carbon Neutral by 2040 and Net Zero by 2050.

Energy For Life

CLEANER, SMARTER AND STRONGER TO DRIVE SUSTAINABLE GROWTH

Short-term Commitment:

Reduce Carbon Emissions Intensity by 10%
Increase the renewable energy portion of the total generating capacity by 30%

within 2030

Medium-term Commitment:

Carbon Neutral

2040

Long-term Commitment:

Net Zero

2050

Message from the Chairman of the Board of Directors and The President

The VUCA World prevailed during EGCO’s 30th anniversary in 2022. EGCO therefore got a good opportunity to review its 30-year-long business journey and reflect on its future. Of course, “Sustainability” for the world, the country, society, stakeholders and EGCO itself remains a major destination.

EGCO’s goals to become carbon neutral by 2050 and to curb carbon emission intensity by 10% by 2030, which were declared in 2021, underline the commitment to “sustainability” and the milestones EGCO aims to achieve.

Mr. Kulit Sombatsiri

Chairman of the Board of Directors

Mr. Thepparat Theppitak

President

Explore more

Along with Conducting Business

EGCO Group has always emphasized caring for and engaging local communities, society, and the environment.

Economy

Environment

Society

News and Activities

EGCO Group Forum 2022: Carbon Neutral Pathway

EGCO Group participated in the seminar "Inclusive Leadership means Better Business."

EGCO Group organizes the project “Change New Year's gifts to Empower our Society.” responds to the “No Gift Policy”

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Latest Report

This One Report was developed in accordance with the International Integrated Reporting Council (IIRC), Global Reporting Initiative Standards’ (GRI Standards) ‘Core Options’ and GRI’s G4 Electric Utilities sector-specific disclosure criteria.

Furthermore, the objectives and performance report were developed in accordance with the United Nations Sustainable Development Goals (UN SDGs) and Dow Jones Sustainability Index (DJSI) to support sustainability in an international level.