Corporate Social Responsibility Overview
Why is this Important?
EGCO Group is one of Thailand’s leading companies that operates its business toward sustainability with attention to communities and the environment and strives for positive impacts and mutual growth between the power plant, environment, and communities. EGCO Group has therefore determined its corporate policy and approaches with social responsibility consideration by encouraging employees to work efficiently to their full potential while cultivating a volunteer mindset, participate in community and social projects, and participate and support social sustainability networks at local and national levels Development of quality of life continues to create positive impacts while reducing negative impacts on stakeholders, environment, communities, society, and business process.
Stakeholder Impact on Materiality Topics
Management Approach
Stakeholder Engagement Target
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100% of EGCO Group’s power plants maintain the target number of grievances as zero.
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100% of EGCO Group’s power plants maintain a target to be engaged with communities in various ways.
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100% of CSR projects at the community and society level have been assessed for social impact.
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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.
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100% of EGCO Group’s power plants conducted a satisfaction assessment.
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100% of EGCO Group’s power plants held tripartite meeting and engage with communities in various ways.
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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
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100% of community and social development projects of CSR strategy operates continuously
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Zero grievances received
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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.
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100% of EGCO Group’s power plants conducted satisfaction assessment accordingly to plan.
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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.
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100% of EGCO Group’s power plants in Thailand conducted power plant open house activities
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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
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100% of community and social development projects of CSR strategy were implemented continuously.
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Power plants which EGCO holds shares and manages have Zero grievances.
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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Policies, Requirements and Performance
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Sustainability Manual
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Corporate Citizenship Strategy
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Corporate Social Responsibility Priorities and Progress Report
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Participation in Social Development Policy
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Promote Community Engagement and Development Policy
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Guideline: Corporate Citizenship
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Guidelines for Participation in Development Communities in the Vicinity of Power Plants
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Guidelines for Participation in Social Development
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Stakeholder Engagement Procedure
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Sukjai Newsletter
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Major Quality of Life Enhancement Projects
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Highlighted Projects on Promotion of Learning about Energy and Environmental Conservation Learning among the Youth
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Highlighted Projects to Preserve and Restore Biodiversity and Watershed Forest
Performance Data
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.