Saturday, June 29, 2024

GC Asia’s First Global Chemical Company Retains Number 1 Position in DJSI’s Chemicals Business Group

GC is Asia’s First Global Chemical Company to ever be Ranked Number 1 for 4 consecutive years in the Chemicals Business Group by the Dow Jones Sustainability Indices: DJSI. Through business operations that meticulously integrate sustainability with all 3 ESG principles: Environmental, Social, and Governance & Economic, reiterating good corporate citizenship, operating business with accountability, and co-creating global value and in a respectable and sustainable manner.

Dr. Kongkrapan Intarajang, Chief Executive Officer and President of PTT Global Chemical Public Company Limited or GC said, “GC wishes to thank our alliances, trading partners, customers, shareholders, and stakeholders, for your trust, support, and collaboration, that has propelled GC to DJSI’s Number 1 position in the Chemicals Business Group for the Fourth consecutive year. We are grateful because this success could not have been achieved by GC alone. Sustainability starts with collaboration and a dedicated hands-on and continuous approach. Today, we are indeed proud and wish to share this pride with all involved. GC is committed in furthering our sustainability practices to the best of our abilities in the years to come.”

Also Read: Dassault Systèmes and Verkor Sign MoU to Advance Low-Carbon Battery Development and Manufacturing

In sustainably operating our businesses, we embrace all 3 (ESG) facets:

E – Environment

GC has taken action and achieved concrete results in accordance with the Circularity approach that focuses on optimizing resource usage throughout the value chain, to deliver quality, safe and environmentally-friendly products and alternatives to partners, stakeholders and society, and undertake to achieve Decarbonization in accordance with guidelines for reducing greenhouse gas emissions to zero towards a sustainable future.

  • During 2021 – 2022, GC Group implemented an energy conservation project to reduce energy consumption resulting in an equivalent of carbon dioxide reduction by 80,280 tons.
  • Solar Rooftop and Floating Solar projects generated more than 480 kilowatt-hours of solar electrical power per day and reducing fresh water consumption from natural sources by 2.97 million cubic meters (5% of total water consumption).
  • Enhanced the YOUTURN Platform with alliances and partners to bring 310 tons of plastic waste back into the recycling and upcycling process.
  • ENVICCO plant that produces World-Standard Food-Grade recycled plastic pellets that has helped to reduce used domestic plastics by 60,000 tons per year, began operations on September 2022.
  • Investing in allnex – a global leader in the production of environmentally-friendly coatings and additives.
  • Carbon sequestration and offsetting through forest rehabilitation.

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