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EGAT Sustainability Report 2019 EGAT Sustainability Report ISSN : 2351-0439 ISSN EGAT Sustainability Report 2019 EGAT Sustainability Report Sustainability EGAT Electricity Generating Authority of Thailand (EGAT) 53 Moo 2 Charan Sanitwong Road, Bang Kruai, Nonthaburi 11130 Tel. +66 (0) 2436 4610, +66 (0) 2436 4613 2019 Fax. +66 (0) 2436 4695 www.egat.co.th ENERGY for stability and sustainability Be the country’s main organization to secure the power reliability and enhance competitiveness of the nation through innovation for Thai happiness to secure the power reliability and enhance competitiveness Content Prosperity : 4 Message from the Governor Ensure prosperous and fulfilling lives in 04 7 About EGAT harmony with nature 11 About This Report 12 Material Topics of Sustainability Goal 7 : Ensure access to 15 Corporate Governance affordable, reliable, sustainable 21 Business Ethics and modern energy for all 22 Stakeholder Relationship Page : 55 Management 25 Risk Management Goal 9 : Build resilient infrastructure, promote Economic Performance sustainable industrialization 28 29 Supply Chain Management and foster innovation 31 Anti-Corruption Page : 47-51 33 Availability and Reliability 42 System Efficiency 44 Demand-side Management People : 47 Research and Development End poverty and hunger in all forms and ensure dignity and equality Environmental Performance Goal 2 : End hunger, achieve 52 55 Materials food security and improved 56 Energy nutrition and promote 57 Water sustainable agriculture 59 Greenhouse Gas and Page : 83-84 Air Pollution Management 67 Biodiversity 71 Effluents and Waste Planet : Social Performance Protect our planet’s natural resources and 72 73 Labor Practices climate for future generations 80 Occupational Health and Safety Goal 13 : Take urgent action 82 Local Communities to climate change and its 87 Human Rights Assessment impacts 88 Disaster and Incident Page : 59-64 Management Planning 91 Prizes and Awards Goal 15 : Sustainably manage 95 GRI Content Index forests, combat desertification, 99 External Assurance halt and reverse land degradation, Statement halt biodiversity loss Page : 67-70 Vision Mission Innovate power solutions for a better life Be the country’s main organization to secure the power reliability and enhance competitiveness of the nation through innovation for Thai happiness. Core Values and Corporate Culture EGAT has defined its core values and corporate culture or SPEED for all employees to adhere to as follows: S Sense of Belonging Love, E Enthusiasm for Innovation Strive feel connected, and have a sense to look for new methods to create social of ownership and commercial benefits and develop • Protect EGAT’s interest and new processes reputation • Dare to try • Commit and devote to EGAT • Think new things, do new things • Have a strong feeling of unity • Use new technology to stay ahead P Performance Excellence D Devotion to Society Be professional and multi-skilled Responsibility toward the nation, society, • Strive for achievement community, and environment • Set challenging goals • Have public consciousness • Be highly responsible • Build mutual understanding with stakeholders E Ethics and Integrity Act in a way that is consistent with ethics and good governance principles • Be honest • Comply with rules and regulations • Fight against corruption • Treat others fairly and equitably Energy for stability and sustainability EGAT Sustainability Report 04 2019 Message from the Governor Over the past five decades, since its establishment a regional energy hub, and building on its award-winning on 1 May 1969, EGAT has successfully carried out all the innovations to generate more income. A : Administration tasks assigned to complete its mission to ensure national Excellence means to strive for administrative excellence, grid security. As the world is now moving into the new high performance, and financial stability by reducing decade shaped by an accelerating pace of change, administrative costs and making the most of its available growing social expectations, environmental concerns, resources. T : Trust and Pride of the Nation means to be and a leap in technological progress, businesses and a good governance organization trusted by society and industries, including the energy industry, need to make the pride of the nation. EGAT strived to create a balance major changes to achieve transformation. EGAT will also between economic (profit), environmental (planet), and inevitably have to face such challenges. Therefore, in every social (people) sustainability. We attached importance to step it takes from here onward, EGAT has to be ready for perceived value and balanced assessment of the success changes. Building new skills and innovations needed to of the organization in three areas, including economy improve performance and open up opportunities will help (creating business growth), society (working with move the organization toward sustainable development. communities to create value) and environment (caring for the environment and efficient use of resources). In 2019, EGAT adhered to its mission to “Be the country’s Moreover, we operated with transparency and under the main organization to secure power reliability and enhance principles of good governance, which also served as key competitiveness of the nation through innovation for indicators for the organization’s success. Thai happiness” and its E.G.A.T strategies to drive the organization to achieve its “Innovate Power Solutions for In addition, EGAT had a mission to comply with the a Better Life” vision. In the four strategies, E : Electricity Thailand Power Development Plan 2018-2037 (PDP2018). Innovation means to be an organization of electric energy In PDP2018, in addition to continuing its role in maintaining innovation to maintain electric power security and build national grid security, EGAT is assigned to perform four competitiveness. G : Growth for Sustainability means to important tasks : 1) Develop main power plants with a achieve sustainable growth by seeking opportunities from combined capacity of 6,150 MW, 2) Collaborate with related and new businesses, gaining added value from hydropower plants to develop floating solar farms with existing resources and innovations, striving to become a combined capacity of 2,725 MW, 3) Improve the power 102-14 EGAT Sustainability Report Energy for stability and sustainability 2019 05 system stability through grid modernization to support future renewable energy, and 4) Strengthen the power system and improve transmission system efficiency to support grid connectivity. EGAT was also engaged in innovative renewable energy technology projects, improved the power system stability through the use of energy storage systems, drove operational change through digital transformation, developed smart grid systems, and developed the National Energy Trading Platform (NETP) to support the use and management of big data and prepare the country for energy trading. Furthermore, in response to government policies, EGAT purchased over 200,000 tons of crude palm oil to be used to generate electricity at Bang Pakong Power Plant under the Palm Oil Balancing Measures and procured 130,000 tons of liquefied natural gas in accordance with the Natural Gas Liberalization Policy and Third Party Access Regime. It also initiated several electric vehicle projects, such as the EV Kit & Blueprint performance efficiency. As before, we adopt the LEAN Project and Electric Motorcycle Label No. 5 Project, as practices policy, focusing on reducing unnecessary well as starting to use 10 electric minibuses and opening processes and redundancy. 23 EV charger stations in EGAT offices and power plants. Not only will these EV projects reduce carbon dioxide EGAT believes that our operational changes and emissions, they also help mitigate air and PM2.5 pollution. adaptations through digital transformation using digital As part of the efforts to drive circular economy innovations technologies to improve our performance efficiency and optimize domestic resources, EGAT and the Department and flexibility, and developing energy innovations and of Industrial Works signed a MOU to collaborate in the technologies that can cope with changing energy “Solar Panel and Battery Waste Management Study situations and increased business competition, will help Project.” This project aims to recycle end-of-life solar create power system security and stability, which is key panels and batteries for future reuse. It is hoped that the to driving the country’s economic growth. EGAT will project will lead to sustainable environmental preservation continue to create good things to improve quality of and contribute to enhancing the country’s economic life of and bring happiness to all Thai people, as stated competitiveness. in EGAT’s aspiration, which we have been committed to for the past 50 years and will continue to do be, that EGAT still needs to make many operational adjustments EGAT produces power for Thai happiness. and changes to adapt to disruptive technology. It has undertaken an organizational restructuring and devised a transformation plan to ready the organization for changes in the industry. EGAT has a successor management plan to develop talented employees and create incentives Mr. Viboon Rerksirathai for collaboration to develop innovations and improve Governor, Electricity Generating Authority of Thailand 102-14 Energy for stability and sustainability EGAT Sustainability Report 06 2019 Declaration on Social Responsibility for Sustainable Development The Electricity Generating Authority of Thailand
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