Why is this Important?

Social responsibility is a key emphasis highlighting the company’s commitment to more than just profit-driven operations. EGCO Group, as a leading electricity generation company in Thailand, places importance on fostering strong and sustainable relationships with the communities surrounding the power plants. With the mission to actively contribute to social advancement while fostering co-existence for the mutual growth of the power plants, environment, and communities, EGCO Group focuses on establishing community and social development initiatives such as professional skills development projects, educational promotion projects and activities for youths, sanitation, health, and safety promotion projects, and environmental conservation projects.

Sustainability Material Topic: Corporate Citizenship

Stakeholder Impact on Material Topics

Community

Society

contractors s and subcontractors

media

Management Approach

Stakeholder Engagement Target

2027 Targets
  • 100% of EGCO Group’s power plants maintain the target number of grievances as zero.

  • 100% of EGCO Group’s power plants maintain a target to be engaged with communities in various ways.

  • 100% of CSR projects at the community and society level have been assessed for social impact.

2023 Targets
  • Community operations

    100% of EGCO Group’s power plants has reviewed and improved its database on identifying and prioritizing important stakeholders once every year accordingly to EGCO Group CSR Guideline.

  • 100% of EGCO Group’s power plants conducted a satisfaction assessment.

  • 100% of EGCO Group’s power plants held tripartite meeting and engage with communities in various ways.

  • 100% of EGCO Group’s power plants in Thailand conducted power plant open house activities in accordance to work plan*.
    *Not including COVID-19 outbreak period of each location

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

    · The portion of local employment, contractor and procurement not less than 80% of the target

  • 100% of community and social development projects of CSR strategy operates continuously

  • Zero grievances received

  • Achieve a community satisfaction level of at least 85%

2023 Performance
  • Community operations

    Started operations of IPP power plant in the country as pilot site. The database of EGCO Group’s Khanom power plant was reviewed and improved on identifying and prioritizing important stakeholders once every year accordingly to EGCO Group CSR Guideline. ISO26000 was implemented to cover all aspects of the operations.

  • 100% of EGCO Group’s power plants conducted satisfaction assessment accordingly to plan.

  • 100% of EGCO Group’s power plants held tripartite meeting and engaged with communities in various ways. The work plan was adjusted accordingly to COVID-19 outbreak in each location.

  • 100% of EGCO Group’s power plants in Thailand conducted power plant open house activities

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

    EGCO’s power plants hold shares and manage local employment, contractor and procurement of not less than 80% of the target

  • 100% of community and social development projects of CSR strategy were implemented continuously.

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

  • A satisfaction level of 80% was achieved.

Corporate Social Responsibility Strategy

To ensure consistency and effectiveness, EGCO Group supervises, monitors, and assesses community and social development in all operational areas.

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Corporate Social Responsibility Policy and Procedure

To prevent and mitigate impact risks on stakeholders, the 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 as well as a manual for managing stakeholders.

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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 and a Community Development Working Group at the operation level in 2012.

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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

  • Sustainability Manual
  • Participation in Social Development Policy
  • Promote Community Engagement and Development Policy
  • Guideline: Corporate Citizenship
  • Stakeholder Engagement Procedure
  • Sukjai Newsletter
  • Major Quality of Life Enhancement Projects
  • Highlighted Projects on Promotion of Learning about Energy and Environmental Conservation Learning among the Youth
  • Highlighted Projects to Preserve and Restore Biodiversity and Watershed Forest

Performance Data

Updated as of April 2024

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 2023 Annual Report.