Organization Contributions
PTT Global Chemical Public Company Limited or GC is committed to participate and responsibilities as we grow our business by balancing our impact on Thailand's economy, society, and environment. To help achieve this, we contribute to national and international associations that support industries and the country in improving economic, environmental, and social dimensions for sustainable growth.
GC makes careful consideration with regards to contribution/collaboration with networks of associations and organizations in accordance with the Corporate Governance Policy to achieve transparency and accountability. GC makes contributions to associations and organizations that demonstrate the potential to strengthen and support public policies, rules and regulations, with no lobbying activities or support. GC does not make any monetary or resource contributions to political parties or other organizations or individuals involved in politics with the exception of the company’s tax obligation. These associations and organizations assist policymakers by sharing information from external sources, research, and visions regarding sustainable growth for Thailand, different industries, health and safety, reducing environmental impact, and implementing the United Nations Sustainable Development Goals (SDGs).
| Name of Organization | Type of Organization | Total Amount Paid (THB) | |||
|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | ||
| 1. Oil Spill Response Limited (OSRL) | Trade Association |
1,700,000
|
1,086,874
|
1,245,647.21
|
1,145,318.11
|
| 2. Petroleum Institute of Thailand (PTIT) | Tax-exempt group |
1,300,000
|
1,335,206
|
1,385,198.89
|
1,407,096.35
|
| 3. The Federation of Thai Industries (F.T.I.) | Trade Association |
531,000
|
354,170
|
354,170
|
370,220
|
| 4. Oil industry Environmental Safety Group Association (IESG) | Trade Association |
3,828,000
|
2,009,000
|
849,000
|
813,000
|
| 5. Thailand Business Council for Sustainable Development (TBCSD) | Trade Association |
250,000
|
250,000
|
250,000
|
250,000
|
| 6. Thai Institute of Directors (IOD) | Trade Association |
500,000
|
500,000
|
500,000
|
500,000
|
| 7. Thai National Shippers' Council | Trade Association |
25,000
|
26,750
|
26,750
|
26,750
|
| 8. The Thai Chamber of Commerce and Board of Trade of Thailand | Trade Association |
37,000
|
39,590
|
39,590
|
39,590
|
| 9. Community Partnership Association | Trade Association |
6,565,400
|
5,221,658
|
10,000
|
126,000
|
| 10. Thai Bioplastics Industry Association | Trade Association |
10,000
|
10,000
|
10,000
|
10,000
|
| 11. Plastics Institute Of Thailand | Trade Association |
0
|
70,106
|
0
|
0
|
| 12. Thailand Institute of Packaging and Recycling Management for Sustainable Environment (TIPSME) | Trade Association |
0
|
0
|
500,000
|
100,000
|
| 13. Anti-Corruption Foundation | Trade Association |
2,000,000
|
1,000,000
|
1,000,000
|
1,500,000
|
| 14. United Nations Global Compact (UNGC) | Others |
1,900,000
|
1,900,000
|
1,900,000
|
875,000
|
| Total |
18,646,400.00
|
13,803,354.00
|
8,070,356.10
|
7,162,974.46
|
|
During 2020 to 2023, GC made monetary contributions to 12 trade associations and one tax-exempt group. GC does not have any contributions to lobbying organization; interest representation; local, regional or national political campaigns/candidate; and other (spending related to ballot measures, referendums, etc.).
In 2023, the top five trade associations and tax-exempt groups that GC contributed were:
United Nations Global Compact (UNGC) is a collaboration framework to encourage business organizations to conduct the business on the basis of responsibility to communities and society based on voluntary and practical implementation. The framework aims to advocate strategy and business operations that are consistent with Ten Principles in terms of human rights, labor rights, environments, and anti-corruption to be applied within business activities. UNGC also encourages the organizations to support United Nations’ goals, including United Nations Sustainable Development Goals (UNSDGs). UNGC’s goal is to co-create sustainable world economy, and provide opportunity to organizations to participate development of economy, social, and environments to be balanced.
Oil Industry Environmental Safety Group Association (IESG) is a non-profit organization which jointly sets up by most of Thai petroleum companies. The objective of this Association includes safety and environmental impact prevention and provision of mutual assistance in case of emergency among IESG members. By having an active membership status, GC has gained the accessibility of the activities that include - Supporting the related authorities in adopting of new regulations; - Educating, training and promoting the safety and environment best practices for members; and - Collaborating with governments and organizations on oil spill response activities
Petroleum Institute of Thailand (PTIT) is a neutral, independent, non-profit organization with a mission to foster a better understanding of Thailand’s petroleum, petrochemical, and related industries. It emphasizes human resource development, information services, technical services, and public policy and regulatory support to ensure sustainable development and competitiveness of the industries and the country. This institute proactively interacts with related agencies and government agencies in the formulation of national laws and regulations, especially in the areas of health, safety, the environment, and exploration and production operations, as well as the refining and petrochemical processing industries (which is GC main sector and business operation focus).
Anti-Corruption Foundation has cooperated with organization members and networks in Thailand. The foundation emphasizes planting moral, ethical values and anti-corruption culture to Thai citizens, especially in young people and communities. Additionally, the foundation has a significant role to drive national strategy regarding preventing corruption event and promoting anti-corruption culture in Thailand together with government sector and private sector. We maintained a high-integrity of business ethics in running our operation. GC understands the importance of business operation without corruption. Henceforth, GC would like to extend the cause of this foundation to other organization and sectors in Thailand.
Oil Spill Response Limited (OSRL) is the largest international industry-funded cooperative which exists to respond to oil spills wherever in the world they may occur, by providing preparedness, response and intervention services. The company is wholly owned by most of the environmentally responsible oil and gas companies, and their membership represents the majority of global oil production. The sector, which this company operates under, has strong cross-over with GC business sector thus contributing to this organization will build a solid foundation case of unplanned events under GC operations.
For the top two issues or topics related to policy influence activities that GC contributed in 2022 were as follows:
| Issue or Topic | Description of Position / Engagement | Total spending in FY 2023 (THB) |
|---|---|---|
| 1. Responsible business operation, especially in sustainability and climate change | GC vision ourselves in becoming a sector global leader in responsible business operation and raw material consumption. As part of this objective, GC commits to support and expedite public movement and operations to resolve and mitigate negative impacts arisen from climate change. Therefore, spending incentives on trades of associations will support GC’s commitment on achieving Net Zero target. Moreover, circular economy principle has also been applied to business operation, accompany with responsible resource consumption and environmental awareness (e.g. Petroleum Institute of Thailand (PTIT), The Federation of Thai Industries (F.T.I), Thailand Business Council for Sustainable Development (TBCSD), Thai Bioplastics Industry Association, and Thailand Institute of Packaging and Recycling Management for Sustainable Environment (TIPSME)). | 2,127,316.35 |
| 2. Support a development of sustainable petroleum and petrochemical industries | GC has provided support to various sustainable petroleum and petrochemical industries through a number of contribution means. These investments extend to both trade associations and tax-exempt group (e.g. Petroleum Institute of Thailand, The Federation of Thai Industries, Oil industry Environmental Safety Group Association, Community Partnership Association, Thai Bioplastics Industry, Thailand Institute of Packaging and Recycling Management for Sustainable Environment (TIPSME), and United Nations Global Compact (UNGC)). The primary objective of these groups is to focus on the advancement and enhancement of sustainable development for all industry, with their focus towards the petroleum and petrochemical industries. Such activity includes, but not limited to, establishing sustainable and appropriate national policies, introducing emerging technologies that can minimize environmental and social impacts during operation, and encouraging occupation and community health and safety. GC, as a private sector, has continue to influence and support instituting sustainable national policies and regulations. Ultimately, GC must proactively adjust their operation in accordance of the approved laws and regulations, comparable to international best practices. These regulations will generate benefit to all industries. | 3,331,096.35 |