Pathway to Net Zero GHG emissions GRI 3, GRI-305-5

Transition to Lasting Impact: Driving Change through Renewable Energy

Under the "Transition to Lasting Impact: Driving Change through Renewable Energy" concept, CKPower is committed to driving the organization from its sustainability vision to concrete implementation. The Company aims to deliver tangible and continuous outcomes across all dimensions of its operations.

Collective Employee Engagement in Driving the Organization Forward

CKPower believes that the transition to clean energy and the pursuit of Net Zero emissions targets can be achieved in a concrete manner when driven collectively by employees at all levels within the organization. Therefore, the Company places great importance on strengthening knowledge, understanding, and capability in Environmental, Social, and Governance (ESG) matters through the development of curricula and activities appropriate to the business context, in order to encourage employees to apply their knowledge in actual operations and further extend it into projects and innovations that concretely help reduce environmental impact.

Over more than a decade, CKPower has demonstrated the role of renewable energy — particularly hydropower — as a key mechanism for reducing greenhouse gas emissions and strengthening energy security for the country. The integration of ESG knowledge into work processes is therefore a critical factor that helps elevate decision-making, work process development, and the development and application of innovations to enhance operational efficiency and reduce climate risks, as well as creating long-term shared value for society and the environment.

“Together for Implementation” Advancing Global target

CKPower has therefore established a systematic approach to greenhouse gas reduction by integrating climate targets into its corporate strategy and decision-making processes, while elevating collaboration with stakeholders across all sectors to jointly drive the energy transition and advance toward a low-carbon society — which serves as a critical foundation for long-term sustainable development.

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 reducing energy consumption to lower greenhouse gas emissions, improving efficiency in electricity generation, increasing the share of electricity produced from renewable energy, expanding the use of renewable electricity within the organization, and enhancing business opportunities through green investments.

REDUCE
Reduce GHG Emissions to minimize overall emissions
IMPROVE
Improve Energy Efficiency in power generation
IMPROVE
Increase Renewable Energy Capacity in electricity production
IMPROVE
Shift to Renewable Energy Consumption to expand green investments and develop new ventures utilizing cutting-edge global renewable energy technologies
IMPROVE
Monetize Renewable Assets to expand opportunities for green investments and develop new businesses focused on leveraging cutting-edge global renewable energy technologies.
CKPower - Pathway to Net Zero

Sectoral Decarbonisation Approach (SDA) for the power sector,
to control the average global temperature increase to no more than 1.5 degrees Celsius.

Sustainability report 2025