Together To

net zero

With the goal of reducing net greenhouse gas emissions to 0 (Net Zero) by 2050

CEO of PTT Global Chemical
As a global chemical company, GC Group commits to creating a better quality of life for all. We have a clear roadmap to reduce the greenhouse gases by 20 percent within 2030 on the journey to achieving NET ZERO by 2050. As a citizen of the world, we want to pass on a better world to the next generation. We cannot do this alone, now is the time for all to collaborate and join us in ‘Together To Net Zero’.

Dr. Kongkrapan Intarajang, Chief Executive Officer, PTT Global Chemical Public Company Limited

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Decarbonization Pathways

Approaches to reduce carbon emissions to reach the net zero goal

Low Carbon Transition Framework

Reach the Net Zero Goal Together

When various sectors around the world come together to balance economic growth, well-being, and public health, including the conservation of natural resources and the environment, one of the key drivers is to reduce carbon emissions or decarbonization. Therefore, a joint international goal regarding decarbonization has been set.

GC has set decarbonization goals and pathways. The goal is to attain net zero emissions for scope 1 and 2 and reduce greenhouse gas emissions by 50 percent for scope 3 by 2050.

Setting such goals is a challenging target for the business. GC has applied the principles of circular economy, combined with three different approaches, to offset carbon emissions and decarbonize. The three approaches are:

Net Zero Campaign by PTT Global Chemical
Net Zero Campaign by PTT Global Chemical
Efficiency-Driven

to increase operational efficiency and reduce waste emissions

Net Zero Campaign by PTT Global Chemical
Portfolio-Driven

To transform business portfolio over the long-term into a low-carbon business, while maintaining corporate growth

Net Zero Campaign by PTT Global Chemical
Compensation-Driven

To apply nature-base and technology-base solutions to effectively drive decarbonization achieves to reach Net Zero

As of 18 October 2021

Efficiency-Driven

An equivalent to

tonnes of CO2 emissions in 2021

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Portfolio-Driven

Increase investment
in Performance Chemicals
that create a better quality of earning to

%

by 2030

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Compensation-Driven

Capture GHG more than

tonnes of carbon dioxide

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Climate Governance

GC establishes clear governance models to drive decarbonization implementation at all levels within the organization as followings:

Climate Change Management Structure

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Investment Management Process

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Sustainability at GC

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