Biodiversity management is an important issue that PTT has included in the Quality, Security, Safety, Health and Environment (QSHE) Policy, which aims to promote systematic biodiversity protection and management. PTT incorporates biodiversity issues into its decision-making processes and business operations throughout the supply chain in order to avoid and minimize any potential risk which could negatively impact sensitive biological values. To this end, the following approaches are implemented:
- Integration of biodiversity risk management in PTT Group’s QSHE Policy;
- Management of biodiversity in or near areas with sensitive biodiversity values by operating in compliance with required regulations, standards, and work procedures;
- Demonstration of commitment to achieving a no-net-loss of biodiversity within a manageable scope; and
- Partnerships with external organizations to increase biodiversity value through social investment programs, outside of PTT operational areas.
Biodiversity Management is another important issue under PTT Group’s Sustainability Management Framework. PTT rigorously adheres to the SM Framework in its goal of becoming a sustainable
energy company while conserving the environment and protecting ecosystem
PTT Group Biodiversity Statement
PTT’s main objective in biodiversity management is the protection and mitigation of negative impacts to biodiversity. PTT has demonstrated this commitment through the PTT Group Biodiversity
Statement, which serves as operational principles for PTT Group companies, ensuring streamlined biodiversity management across the entire organization.
PTT Group Biodiversity and Ecosystem Services Standards
PTT is in the process of preparing the PTT Group Biodiversity and Ecosystem Services Standards which expands and clarifies the processes outlined in the PTT Biodiversity Statement. The
standards are in compliance with international biodiversity requirements such as the International Finance Corporation Performance Standard 6 (IFC6) and the Business and Biodiversity Offset
In addition, PTT has prepared the Biodiversity and Ecosystem Services Guideline, which serve to assist relevant functions in meeting the Biodiversity and Ecosystem Services Standards, covering
biodiversity risk assessment; valuation of biodiversity and ecosystem services for new projects; management of biodiversity in PTT Group’s current operations; and development of biodiversity
plan for PTT Group for operations that pose high risk and potentially high levels of impacts on biodiversity. PTT also monitors and tracks results; and conducts annual revision and verification of
performance against Biodiversity and Ecosystem Services Standards and targets.
Biodiversity Risk Assessment for Projects and Operations
Under PTT Group’s Biodiversity and Ecosystem Services Standard, biodiversity risk analysis and assessment are conducted at the beginning of project development, and are combined as a part of the study and preparation of the environmental impact assessment (EIA) report in order to define appropriate preventive and mitigation measures. Systematic risk assessment is conducted throughout the project cycle on any factors which may potentially impact the biodiversity and ecosystem services. The assessment applies to all PTT and PTT Group’s operational areas in Thailand, leading to the establishment of a clear strategic plan for PTT Group that corresponds to its strategic objectives.
To assess potential biodiversity value-related risks, factors taken into account include geographical location, relevant environmental conditions with category and types of activity depending on the context, scope and severity of such risks in each stage of project development. For projects with a high risk, PTT requires that a Biodiversity Action Plan (BAP) be developed to mitigate impacts upon flora, fauna and the environment.
Biodiversity Impact Assessment for Project Development
The goal of biodiversity management is to avoid causing both direct and indirect loss of biodiversity values. Therefore, PTT requires all projects under PTT’s operations to assess impacts on biodiversity and establish corresponding mitigation measures and conservation activities to compensate and aim for no-net loss of biodiversity. In addition, PTT requires that biodiversity impact assessments be conducted for projects that have expanded scope by incorporating research of biodiversity data into consideration and revision of impacts resulting from the project’s modification. PTT supports its Affiliates in implementing and complying with biodiversity management as a minimum standard
Assessing impacts on biodiversity is a part of the EIA report preparation required by Thai law and is carried out by external experts. This includes impact assessment as well as preventive and mitigation measures prior to and during the construction and during the operational period by considering impacts from the projects on biodiversity and ecosystem services within the project area.
In addition, PTT supports communities and stakeholders to share their suggestions, concerns, and preventive or mitigation measures for environmental impacts with PTT through engagement activities or questionnaire surveys distributed during the preparation of the environmental impact assessment
Environmental Impact Preventive and Mitigation Measures
PTT adopts environmental impact preventive and mitigation measures as a tool for controlling and verifying operations in order to prevent and mitigate impacts caused by its operations. Relevant functions must consider appropriate environmental impact preventive and mitigation measures for each area where the project will be developed, such as minimizing slash and burn areas, rehabilitating forest areas, selecting the least harmful transportation routes, and working with wild animal experts in case animal evacuation is required.
PTT communicates its environmental preventive and mitigation measures and conducts public hearings with stakeholders in every step of the environmental impact study as required by the Office of Natural Resources and Environmental Policy and Planning (ONEP). Meanwhile, relevant functions are responsible for preparing environmental impact preventive and mitigation measures and performance monitoring reports to be submitted to ONEP every six months for each stage of the project cycle.
PTT also discloses the findings of the biodiversity studies of the project areas, the biodiversity assessment results, and the environmental impact preventive and mitigation measures of all projects. Stakeholders are informed of such information during stakeholder engagement activities.
Establishment of Government Policy Network and Biodiversity Knowledge
PTT collaborates with the Office of Natural Resources and Environmental Policy and Planning (ONEP) to formulate sustainable biodiversity conservation and protection strategy, including public
relations and campaigns to educate and raise the awareness of the public with regard to the value and importance of biodiversity.
PTT has established the biodiversity knowledge network as one of the means of sharing information and biodiversity management with external parties such as local communities, government agencies, academic institutions, private sector entities, etc. through collaboration with the Biodiversity Research and Training (BRT) Program to develop and integrate biodiversity related plans for PTT’s projects.