PTT Global Chemical Public Company Limited (GC) has been ranked No. 1 in the chemicals business category of the Dow Jones Sustainability Indices (DJSI) World Index for the sixth consecutive year by S&P Global. This accolade recognizes GC’s commitment to sustainable business practices, adhering to Environmental, Social, Governance, and economic (ESG) principles while striving to achieve net-zero greenhouse gas emissions by 2050.
Leadership in Sustainability
GC’s CEO, Mr. Narongsak Jiwakanun, expressed pride in this achievement, emphasizing the company’s leadership in sustainable practices. “Our dedication to transparent business practices and stakeholder-centric strategies has allowed us to drive environmental and social progress globally. Sustainability is a collaborative effort, and GC remains committed to fostering long-term positive impacts across all sectors,” he stated.
Net-Zero Ambition
As per the press release, PTT Global Chemical aims to become a low-carbon, net-zero company by 2050. It integrates sustainability throughout its business value chain. The company leverages the Sustainable Supply Chain strategy to maintain its global leadership in sustainable business. This approach aligns operations with the GC Supplier Code of Conduct. It ensures shared benefits for partners, suppliers, communities, and stakeholders.
ESG Focus Areas
- Environment: GC collaborates with partners to decarbonize its supply chain, adopting Circular Economy principles to reduce waste, improve energy efficiency, and optimize resources.
- Social: The company prioritizes human rights through comprehensive processes, ensuring labor rights, community welfare, and enhanced quality of life in local areas.
- Governance: GC upholds ethical business practices, respects stakeholder rights, and evaluates sustainability issues through Double Materiality to meet international standards.
Global Recognition
DJSI evaluates over 3,500 companies globally. This makes it a benchmark for sustainability. GC’s consistent top ranking highlights its ability to deliver sustainable returns. It bolsters confidence among global investors and reinforces its leadership in sustainable development.
