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PTT is ranked The TOP 5%, The World’s Sustainable Company

07 February 2024

           Mr. Auttapol Rerkpiboon, President & Chief Executive Officer, PTT Public Company Limited (PTT) revealed that PTT is Thailand's only entrant among over 170 global companies, listed in the Top 5% in the Oil & Gas Upstream & Integrated (OGX) industry, equivalent to the Silver Class level in the S&P Global Sustainability Yearbook 2024, according to the Corporate Sustainability Assessment (CSA). This reflects the organization’s commitment to sustainable business development under corporate governance policy and effective stakeholder management, including the primary mission to bolster national energy security through operations across economic, social, and environmental aspects.

           PTT's main goal is to drive business for sustainability by implementing its organizational strategy for Business Growth, New Growth and Clean Growth, leading to the Future Energy and Beyond business. In 2023, PTT ventured into the Natural Gas Separation Plant Unit 7, the Onshore Natural Gas Pipeline Project from Bang Pakong to South Bangkok Power Plant Project, the Onshore Natural Gas Pipeline No.5 Project, LNG Receiving Terminal 2 Project. Moreover, PTT established an EV Battery Plant, provided more than 1,000 EV cars for rental services via a digital platform, and expanded EV Charging Stations with the installation of over 400 chargers nationwide. Additionally, it launched its Nutrition Business and Plant-based Food industries in tandem with Dietary Supplements under Innobic’s subsidiaries. In the previous year, PTT also initiated a reforestation project on
1 million rai of land, with 86,173 rai already planted, to increase green space and restore forests. This project aligns with its goal to achieve Net Zero   

           Furthermore, 5 PTT Group companies; PTT Exploration and Production Public Company Limited, Thai Oil Public Company Limited, IRPC Public Company Limited, PTT Global Chemical Public Company Limited and PTT Oil and Retail Business Public Company Limited have been continually listed as members of the Dow Jones Sustainability Indices (DJSI) and S&P Global Sustainability Yearbook 2024.