Environmental Policy and Management System
Challenges and Commitments
GGC is committed to conducting business with environmental and social responsibility by emphasizing business operations that do not cause environmental impacts throughout the value chain and by pushing for environmental management policies, establishment of a biodiversity management policy and promoting the development of sustainable environmentally friendly products and services.
Key Stakeholders
Employee
Community
Shareholder, Investor and Analyst
Government
Supplier and Business Partner
Customer
Goals
of violation of environmental regulations.
Management Approach
Sustainable Environmental Management Approach
GGC has established a Quality, Health, Safety, Environment and Business Continuity (QHSEB) policy, which is a systematic environmental management policy that complies with the law national and international regulations and standards. It covers factors in the integrated environmental dimensions: energy, air, water and waste management, as well as efficient and sustainable use of resources in line with the circular economy, and preserving biodiversity and ecosystem integrity to reduce impacts on the environment, society and the value chain. In addition, GGC also disseminates knowledge, understanding and encourages employees and all stakeholders to realize and participate in sustainable environmental management.
In this regard, all 100% of GGC’s factories have been certified for the ISO 14001 Environmental Management System to enhance the confidence of stakeholders that GGC's practices and operations are in accordance with the standards of International Environmental Management System Management. In addition, there are annual external audits on environmental performance from transparent and reliable accredited institutes.
For more details about environmental investment and violations of environmental regulations, see Performance Data
Biodiversity Management
GGC is aware of the importance of ecosystems and biodiversity because the Company's main raw materials are agricultural raw materials. Therefore, procurement must rely on nature for the most part. It is a topic of discussion for GGC, which has led to assessments and monitoring of the results of the overall risk management of the Company. The impact on biodiversity may lead to negative impacts on the Company's operations, such as a decrease in the production of agricultural products due to natural disasters, as well as the risk of deforestation, which may affect the Company’s reputation and supply chain management, etc. Therefore, GGC has deployed Biodiversity Statement established by PTT Global Chemical Public Company Limited (GC) as a guideline for the Company's business operations. GGC has also conducted biodiversity risk assessments throughout the supply chain, including the areas of operations of suppliers and customers, to be able to identify the level of risk of each area. This leads to proper management of business operations. Furthermore, the Mitigation Hierarchy Principle has been applied to prevent, avoid, mitigate, restore and compensate for environmental impacts on biodiversity along the value chain.
Mitigation Hierarchy Principle
Subsequent to the Biodiversity Assessment, GGC uses the following principles in managing issues and identifying solutions.
- Avoid: GGC is committed not to operate in areas that pose a high risk to biodiversity, such as national forest areas, Ramsar Areas, and World Heritage Sites.
- Minimize: GGC operates and develops a variety of projects to preserve the environment and biodiversity through the study of the product Life Cycle Analysis (LCA) to analyze and reduce environmental impacts in operational activities.
- Restore: GGC continues to develop and maintain the ecosystem through reforestation projects such as the “Plant & Protect” project, which creates cooperation between the public and private sectors in forest conservation and promoting local biodiversity.
- Offset: GGC is committed to expanding the operation of the maintenance and restoration of the ecosystem to areas that are at risk regarding biodiversity to promote natural abundance and sustainability.