GGC is aware that climate change risks from natural disasters, such as droughts, floods, monsoons, etc., can affect the Company’s business operations and may cause disruption in the value chain.

Therefore, GGC is committed to participating in the implementation of the agreements of the 26th session of the Conference to the Parties (COP26) of the UN Framework Convention on Climate Change (UNFCCC). In doing so, we are determined to alleviate the impacts of and manage greenhouse gas, maximize energy efficiency in the production process and reduce greenhouse gas emissions from our production activities.

Goals

Limit the amount of greenhouse gas emissions in scope 1 and 2 to not exceed
110,320
tonCO2 equivalent.
Reduce greenhouse gas emissions by
20 percent
by 2030 compared to 2012 base year.

Climate Change Management Structure

The main strategy for climate change management is defining a risk management structure which consists of the Chairman, Directors and Chief Executive Officer. Each management level is assigned their respective duties and responsibilities:

Supervision Level Duties and Responsibilities
Supervision Level: Chairman Duties and Responsibilities:

Supervise, formulate strategies, set operational plans, and monitor the performance of risk and opportunity management of the organization that may be caused by climate change in order to set measures to mitigate the risks and form a suitable framework for GGC’s operations. This includes preparation for GGC to fully support the move towards a low carbon economy that may lead to the discovery of new business opportunities in the future.

Supervision Level: Board Duties and Responsibilities:

The Risk Management Committee and the Corporate Governance and Sustainable Development Committee are responsible for monitoring regulations related to climate change so that GGC can respond quickly to changes, whether in the form of energy efficiency, alternative energy applications, or setting greenhouse gas emission targets.

Supervision Level: Chief Executive Officer (CEO) Duties and Responsibilities:

The CEO is responsible for the distribution of work and management of company operations according to the strategies, policies, and budgets that have been allocated. This includes the formulation of support plans and control of operations to achieve GGC’s short-term and long-term targets.

Approaches to dealing with climate change

GGC is committed to analyze the risks, opportunities, as well as the impact on the business sector, in accordance with the Task Force on Climate-Related Financial Disclosures (TCFD) framework to ensure readiness to cope with climate change. This is part of developing strategies and reporting on the effects of climate change.

Greenhouse Gas Emission Performance
Target 2021
Units : Tons CO2 equivalent
Details of greenhouse gas emissions Units Greenhouse gas emissions amount Target 2021
2018 2019 2020 2021
Greenhouse gas emissions scope 1 Tons CO2 equivalent 6,415 4,128 33,333 30,708 N/A
Greenhouse gas emissions scope 2 Tons CO2 equivalent 66,747 61,382 59,481 57,481 N/A
Greenhouse gas emissions of scope 1 & 2 Tons CO2 equivalent 73,162 65,511 92,814 88,189 110,320
Greenhouse gas emissions intensity scope 1 & 2 per tons of production Tons CO2 equivalent per tons of production 0.148 0.166 0.178 0.201 0.173