Definition and Goals
Goals
To achieve the corporate vision “Empowering human life through sustainable energy and chemicals” , Thaioil Group has set a sustainability goal to become a 100-year organization and a global sustainability leader in the international level through Environment, Society and Governance (ESG) management that create long-term value to the stakeholders across the business value chain and respond to the national policies and global trends.
In 2025, Thaioil Group reviewed sustainability strategies to ensure alignment and advocation to the business strategy to properly manage ESG risks by defining strategic targets regarding corporate sustainability as maintaining its position among industry leaders in the Dow Jones Best-in-Class Indices (DJBIC) by 2030 and being included in at least three leading global sustainability indices by 2035. In addition, the Company established its ESG strategies with details as follows:
E : Environment
Strategy
Going forward to Net Zero
Enhancing environmental management in alignment with global trends
Key Target 2035
Net Zero GHG Reduction:
Reduce greenhouse gas emissions by 15% by 2035 from the base year of 2029 to achieve the Net Zero GHG Emissions target by 2060 through the implementation of Net Zero GHG Emissions Strategy. The Company is also prepared to accelerate the Net Zero target to 2050 subject to the availability of economically viable technologies and strengthen business competitiveness.
S : Society
Strategy
Nurturing Relationship
Engaging with community and society to foster long-term social value creation
Key Target 2035
Creating Social Value:
Enhance the quality of life of the community and society with the C.A.R.E strategy
Strengthen Community Engagement:
Maintain a community engagement score at 90% above
Nature-based Solution: Support zero greenhouse gas emissions target through the forest conservation, reforestation, and afforestation initiatives
