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:

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