Material Topics
Climate Strategy and Energy Management
Impact Level
Impact Materiality : Very High
Financial Materiality : Very High
Double Materiality : Very High
Stakeholders
Investor
Public Sector
Business Partner
Shareholders
Community
Customer
Employee

Targets

Energy efficiency performance of plants under GC Group to achieve Top Quartile Performance in Benchmarking

Reduce energy consumption by

GJ by 2030

Increase the proportion of alternative energy usage in core activities to more than 7 percent by 2030

Challenges and Opportunities

GC recognizes the importance of the energy transition and its impact on business operations.

As a result, it has developed a plan to manage energy use efficiently through the improvement of work processes, the adoption of advanced technologies to monitor and control energy consumption, and the promotion of energy conservation awareness among employees. Furthermore, GC is exploring the use of renewable energy in its office buildings and plants to reduce reliance on fossil fuels and contribute to the promotion of clean energy.

Management Approach GRI 3-3 (2021), GRI 302-4 (2016)

Energy Management Process

GC has implemented and certified the energy management system according to ISO50001:2018 and operated in accordance with the GC Energy Excellence Roadmap in all plants. All GC’s plants have been certified the energy management system according to ISO50001:2018 by Management System Certification Institute (Thailand); MASCI, which demonstrates efficient energy uses, continuous improvement and strictly adhering to laws and regulations.

as well as continuously develops energy conservation programs that the energy efficiency performance plants under GC Group to achieve Top Quartile Performance in Benchmarking. This could reduce energy consumption.

Performance of Energy Management

Energy Efficiency of Plants Achieving Top Quartile Performance

(Plants)

Performance

Target

Accumulative Energy Reduction

(million GJ)

Performance

Target

More information on other highlight energy management projects is available in GC Integrated Sustainability Report 2024, such as

  • Recovery Heat from Benzene Rundown, Heavy Aromatic Overhead
  • Optimization Compressor by Tuning Surge Control Line in Olefins 1 Plant, cut down on unnecessary energy consumption, and reduce company costs.
  • Renewable Energy from solar power generation systems, including both Solar Rooftop and Solar Floating.
GC ISR 2024