Pathway to Net Zero GHG emissions

Transition in Action: Powering Progress for a Sustainable Future

Under the "Energy Transition" concept, CKPower is committed to driving the organization toward greater reliance on renewable energy, such as hydropower and solar power, which serve as the foundation for sustainable investments in other renewable energy ventures. This approach ensures continuous value creation for the future.

Collective Employee Engagement in Driving the Organization Forward

CKPower firmly believes that the "Energy Transition" requires the collaboration of all stakeholders to achieve net-zero greenhouse gas emissions. To foster this commitment, CKPower has adopted the ESG DNA framework—developed by the Stock Exchange of Thailand (SET)—to enhance employees' knowledge, awareness, and understanding of environmental, social, and governance (ESG) principles at all levels. This initiative is designed to drive sustainable development across all dimensions of the organization.

For over a decade, CKPower has demonstrated the crucial role of clean energy solutions, such as hydropower, in not only reducing greenhouse gas emissions but also strengthening Thailand’s energy security. Embedding ESG DNA within the organization is a key enabler that empowers employees to actively participate in the company’s operations and support its greenhouse gas reduction goals.

By integrating ESG knowledge through the ESG DNA framework, CKPower equips its employees with the capability to drive innovation, enhance operational processes, and make sustainability-focused decisions. This collective effort ensures that the company not only advances its net-zero aspirations but also generates positive, long-term impacts on society and the environment.

“Together for Implementation” Advancing Global target

Transition in Action: Powering Progress for a Sustainable Future

CKPower’s clean energy transition aligns with the goals of the Paris Agreement, which aims to limit global temperature rise to no more than 1.5°C. The company is actively driving greenhouse gas reduction efforts and advancing toward net-zero emissions, reinforcing its commitment to sustainability.

Under the "Transition in Action: Powering Progress for a Sustainable Future" framework, CKPower is dedicated to fostering innovation and collaboration across all sectors. This approach accelerates the transition to a low-carbon society, with clear objectives that reflect the transformative power of clean energy in shaping a more sustainable world for all.

With the unwavering commitment of its employees, CKPower firmly believes that renewable energy is the key to a sustainable future. The company remains steadfast in its mission to become one of the region’s largest producers of electricity from renewables with one of the lowest carbon footprints.

Science-Based Targets: Aligning with Global Climate target: To ensure its emissions reduction targets align with international climate commitments and the Paris Agreement, CKPower has adopted the Science-Based Targets (SBT) approach for the power generation sector. This strategy is designed to limit the global temperature rise to no more than 1.5°C.

CKPower has set short-, medium-, and long-term greenhouse gas (GHG) reduction targets, using 2021 as the base year, to establish a solid foundation for achieving net-zero emissions by 2050.

This commitment not only supports global climate action but also reinforces CKPower’s position as a leading renewable energy provider in the region, driving sustainable progress and strengthening stakeholder confidence in the company’s role in the clean energy transition.

Commitment

CKPower is committed to achieving Net Zero Greenhouse Gas Emissions by 2050, following a science-based approach tailored for the energy sector. This commitment aligns with the Sustainable Development Goals (SDGs), particularly Goal 13: Climate Action, reinforcing the company’s dedication to mitigating climate change.

In addition, CKPower adheres to the Task Force on Climate-Related Financial Disclosures (TCFD) framework and assesses climate-related risks and opportunities based on the International Financial Reporting Standards (IFRS S1 and IFRS S2). These standards ensure transparency in disclosing financial risks and opportunities related to climate change, helping stakeholders understand potential impacts on the company’s financial position.

To support these objectives, CKPower has implemented a systematic climate risk management approach to ensure that its operations align with sustainable development goals. The company also drives the energy transition by integrating cutting-edge innovations into business development, enabling a sustainable and efficient pathway toward achieving net-zero emissions by 2050.

 

Strategic Climate Action Framework for Net Zero by 2050

CKPower has established a clear and organization-wide climate action framework under its five-year strategic plan (2022–2026) to drive progress toward net-zero greenhouse gas emissions by 2050.

The company's Energy Management and Climate Change Strategy outlines key initiatives to address climate change through its Net Zero Strategy, which focuses on: