Thaioil Group's Sustainability Management Structure


Thaioil’s Sustainability
Management Structure
Thaioil Group manages sustainability matters with specialized functions that are relevant to each matter. Meanwhile, the Sustainability Strategy and Management team takes the holistic views of sustainability management. Furthermore, the team reports quarterly the performance to the Sustainable Development Steering Committee (Management Level) and reports biannually to the Corporate Governance and Sustainability Committee (Board Level) on a semi-annual basis.
These results are subsequently presented to the Board of Directors for regular consideration and acknowledgment. In instances of significant and urgent risks impacting the Company’s operations, management will promptly report to the Board of Directors for immediate consideration and acknowledgment. Furthermore, the Risk Management function is responsible for reporting the organizational risk management results to Risk Management Steering Committee (RMSC) and
the Risk Management Committee at least on a quarterly basis, and the Audit Committee on a semi-annual basis. This aims to ensure that operations and practices align with corporate strategies, enabling the organization to effectively meet the needs and expectations of all stakeholder groups.
The Office of Sustainability Management was established in 2013 as Thaioil’s top executives saw the importance of driving forward organizational sustainability. The Office is structured under the Department of Corporate Governance and Affairs to act as the center of Thaioil’s sustainable development.

Update : February 2025