Corporate Social Responsibility Overview

Why is this Important?

Corporate social responsibility (CSR) is an important factor that reflects an organization's commitment to sustainable business practices and the broader impact on society. For EGCO Group, as one of the country's major electricity producers, this responsibility means building relationships with local communities. With the mission to be a good corporate citizen and create a balanced coexistence between power plants, the environment, and communities, the company places emphasis on human rights and children's rights. These are key factors in the EGCO Group’s human rights due diligence process, ensuring fair and sustainable development. Moreover, having a CSR program not only benefits society but also contributes to environmental protection and promotes ethical business practices.

In addition, EGCO Group undertakes various projects to develop communities and society, such as community skills development, promoting education for youth, organizing health and safety programs for communities, and environmental conservation. These initiatives all play a key role in benefiting the community and ensuring sustainable development.

Sustainability Material Topic: Corporate Citizenship

Stakeholder Impact on Material Topics

Community

Society

contractors and subcontractors

media

Management Approach

Stakeholder Engagement Target

2027 Targets

  • 100% of EGCO Group’s power plants maintain the zero grievances target.

  • 100% of EGCO Group’s power plants maintain community engagement targets in various forms.

  • 100% of community and social CSR projects complete social impact assessment.

2024 Targets

  • Community operations

    100% of EGCO Group’s power plants conduct a review and update of the database on key stakeholder identification once a year per EGCO Group CSR Guideline.

  • 100% of EGCO Group’s power plants conduct satisfaction evaluations.

  • 100% of EGCO Group’s power plants organize tripartite meetings and community engagement programs in various forms.

  • 100% of EGCO Group’s power plants in Thailand organize an open house activity as planned.

  • Conduct a perception survey for local stakeholders on engagement strategy through tripartite meetings.

  • Development of Quality of life of EGCO Group’s Communities

    Local employment, contractors, and procurement proportion is not less than the target of 80%.

  • 100% of community and social development projects in line with the corporate CSR strategy remain ongoing and continuous.

  • Zero grievances from communities.

  • Achieve a community satisfaction level of at least 85%.

2024 Performance

  • Community operations

    100% of EGCO Group’s power plants conduct a review and update of the database on key stakeholder identification once a year in alignment with EGCO Group CSR Guideline and the good governance principles outlined in ISO 26000.

  • 100% of EGCO Group’s power plants conducted satisfaction evaluation as planned.

  • 100% of EGCO Group’s power plants organized tripartite meetings and community engagement programs in various forms.

  • 100% of EGCO Group’s power plants in Thailand organized an open house activity.

  • Conducted a perception survey for local stakeholders on engagement strategy through tripartite meetings.

  • Development of Quality of Life of EGCO Group’s Communities

    Power plants which EGCO holds shares and manages have local employment, contracting, and procurement of not less than 80% as targeted.

  • 100% of community and social development projects in line with the corporate CSR strategy were implemented continuously.

  • Power plants which EGCO holds shares and manages have Zero grievances.

  • Achieved community satisfaction level not less than 85% as targeted.

Corporate Social Responsibility Strategy

To ensure that community and social engagement across EGCO Group's business processes and operational areas are aligned in the same direction and standard, the company implements governance, monitoring, evaluation, and continuous development of its operations.

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Corporate Social Responsibility Policy and Procedure

To prevent and mitigate impact risks on stakeholders, community, and the environment while creating a mutual benefit for the coexistence of power plants and the community, EGCO Group has published corporate social responsibility policy and procedure.

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Corporate Social Responsibility Governance

EGCO Group established a Community Development Working Group to promote participation in developing the quality of life for communities, as well as established a Community Development Working Group (Operation Level) in 2012. This is to precisely manage and determine the approach of various projects and to protect and mitigate the impacts or risks related to the community and the environment.

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Community Operations Framework

The community operations framework consists of 3 phases: Project Development; Project Construction; Project Operations

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Corporate Social Responsibility Initiatives

EGCO Group realizes the importance of ‘youth’, who are growing to become the future of the country, and therefore encourages the cultivation of a public service mindset.

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Publications, Social Communication and Community Concern Identification

Since 2016, EGCO Group has issued quarterly community relations publication “Sukjai Newsletter” to announce information on its operation and to enhance its communication with communities.

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Related Documents

Policies, Requirements and Performance

Performance Data

Social

Updated as of May 2025

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 2024 Annual Report.