Sustainability Framework

Sustainability Framework

In 2024, CKPower has implemented its sustainability strategy under the "C-K-P" approach, covering three key dimensions:

  • Environmental Dimension (C - Clean Electricity)
  • Social Dimension (K - Kind Neighbor)
  • Governance and Economic Dimension (P - Partnership for Life
C
Clean Electricity
Environmental Dimension
CKPower is committed to leveraging technology and environmentally friendly innovations in business operations to balance environmental conservation, optimize energy management, reduce greenhouse gas emissions, and restore ecosystems and biodiversity—all while ensuring the stability and reliability of clean electricity generation.
K
Kind Neighbor
Social Dimension
CKPower is dedicated to enhancing quality of life and fostering shared value among communities, society, and stakeholders, both directly and indirectly. The Company operates with strong regard for human rights principles in line with international standards across its entire value chain.
P
Partnership for Life
Governance and Economic Dimension
CKPower strengthens its resilience in addressing challenges and driving sustainable business growth through strategic investments in new business opportunities across ASEAN, while integrating innovation and digital technology into operations. These efforts reinforce regional energy security and ensure fair and sustainable returns for customers and shareholders.

Sustainability Strategy Aligned with the Vision:

“One of the region's largest producers of electricity from renewable sources with one of the lowest carbon footprints”

Sustainability framework is accompanied by clear goals, success indicators, and a five-year action plan (2022–2026), focusing on five key areas to drive CKPower toward becoming a leader in clean energy generation and distribution. It is designed to address industry challenges and ensure endless sustainable growth in the future.

  1. Energy Management and Climate Change
  2. Biodiversity
  3. Social and Community Care
  4. Respect for Human Rights
  5. Business Resilience
CEnvironment
Clean Electricity
Energy Management and Climate Change
Renewable electricity consumption within organization by 2043
100%
Renewable energy capacity by 2043
95%
GHG emissions by 2050
Net Zero
Biodiversity
Assessment of residual impacts at all operation sites by 2026
100%
No net loss of biodiversity and ecosystem services by 2040
No Net Loss
KSocial
Kind Neighbor
Respect for Human Rights
Awareness raising on human rights among employees at all levels
100%
Assessed human rights risk and impact assessment throughout our value chain
100%
Zero case unmanaged human rights violation across the value chain
Social and Community Care
Zero
unresolved complaints
Creating value for society and ecosystems with renewable electricity by 2026
PGovernance and Economy
Partnership for Life
Business Model Resilience
Explore new customers and geographies within ASEAN
Integrate digital transformation and other innovations to boost operational efficiency
Sustainability Management Guidelines

Sustainability Management Structure

CKPower has established a Sustainable Development Steering Committee, chaired by the Managing Director, with executives from all power plants serving as committee members, ensuring comprehensive oversight across all relevant areas. The committee is responsible for:

  • Defining strategic directions and targets in alignment with CKPower Group’s sustainability policy and framework.
  • Providing recommendations and guidance on sustainability management to the sustainability working teams.
  • Appointing sustainability working teams for CKPower and its subsidiaries.
  • Monitoring, reviewing, and evaluating the performance of CKPower’s and its subsidiaries’ sustainability working teams.
  • Reporting progress on sustainability initiatives to the Corporate Governance, Risk Management, and Sustainable Development Committee, the Board of Directors, and the Executive Committee at least twice a year.
Sustainability Management Policy
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This structure ensures CKPower’s sustainability strategy is effectively implemented, monitored, and continuously improved to drive long-term value for stakeholders and the environment.

Target and Achievements
Strategy Material Topics Target Indicator 2024 Achievements Year / Goal
C – Clean Electricity
1
Energy Management and Climate Change		 Renewable Electricity Consumption within the organization 93%
2043 /
100%
Renewable Energy Capacity 93%
2043 /
> 95%
Net Zero GHG emissions Total GHG emissions
  • GHG Scope 1 emissions : 719,161.16 tCO2e
  • GHG Scope 2 emissions : 1,979.70 tCO2e
  • GHG Scope 3 emissions (Cat 3): 181,920.80 tCO2e
  • 0.91 GHG Reduction from the 2023 target
2050 /
Net Zero GHG emissions
2
Biodiversity		 DEVELOP a biodiversity roadmap
  • Formulated 100% of the Phase 1 Biodiversity Management Plan for 2022-2026.
  • 100% Biodiversity Action Plan (BAP) Framework for Xayaburi Hydroelectric Power Plant
  • 100% Completed Critical habitatassessment (CHA)
  • 100% Biodiversity data collection and assessment of protected areas and species according to IUCN for Xayaburi Hydroelectric Power Plant
  • 100% Completed Taskforce on Nature-related Financial Disclosures (TNFD) report
  • > 132 Fish species have been able to migrate upstream safely
2043 /
100%
No Net Loss of biodiversity and ecosystem services
2040 /
NO NET LOSS (NNL) of Biodiversity and Ecosystem Services
Kind Neighbor
3
Social and Community care		 ZERO Case unresolved Complaint ZERO
Case
2022
-
2026 /
ZERO Case unresolved Complaint
CREATE shared value for society and ecosystems through renewable energy Hinghoi: Renewable electricity for better quality of life
  • 100,330 Watts (cumulative) Renewable energy for enhancing the quality of life in communities
  • 9,513 Children (cumulative) and youth reach knowledge in renewable energy
2024 /
  • 150,000 Watts (cumulative) Renewable energy for enhancing the quality of life in communities
  • 20,000 Children (cumulative) and youth reach knowledge in renewable energy
Hinghoi: Preserving and restoring natural resources
  • 11.06 Rais (cumulative) Conservation and restoration of natural resources and the environment
  • 4,377 People (cumulative) Gain knowledge about the conservation of natural resources and the environment
2569 /
  • 80 Rais (cumulative) Conservation and restoration of natural resources and the environment
  • 10,000 People (cumulative) Gain knowledge about the conservation of resources and the environment
Hinghoi: Co-creating innovations to enhance opportunities for communities
  • 3 Products (cumulative) Innovation for communities
  • 844,350 Baht (cumulative) Increase income for communities
2569 /
  • 3 Products (cumulative) Innovation for communities
  • 1,300,000 Baht (cumulative) Increase income for communities
4
Respect for Human Rights		 Awareness-raising on human rights among all employee level 100%
2022
-
2026 /
100%
Human rights due diligence, rectification and remediation measures established every 3 years 100% human rights due diligence, rectification and remediation measures established
2024 /
100%
Conducting an annual review of human rights risks related to business operations across the value chain
Conducting an annual review of human rights risks related to business operations across the value chain ZERO case
2022
-
2026 /
ZERO case
Human rights violations unmanage case across the value chain.
P-Partnership for life
5
Business Model Resilience		 Explore New Customers & Geographies within ASEAN
  • Expand the renewable energy-related business by selling 18,771 Renewable Energy Certificates (RECs) from Bangkhanchai Co., Ltd.
  • Solar Power Project by Bangkok Expressway and Metro Public Company Limited (Projects 1-3),7 MW
2024 /
Explore New Customers Gaining at least one new group of customers
2027 /
Explore New Customers Gaining at least one new group of customers
DEVELOP action plans for Integrate Digital Transformation & other Innovations DEVELOP action plans for Integrate Digital Transformation & other Innovations, with a cumulative total of19 innovations and 68 innovators. 68 innovators.
2023 /
DEVELOPE establishing action plans for digital technology and innovation application by 2023
2027 /
Complete the implementation of the business resilience action plan