Mitigation and adaptation plan for transition risks and opportunities At Business level At Corporate level Develop Climate Change Policy and related documents Establish Target and its roadmap for achievement Expand and introduce new opportunities for greener business Identify, assess, manage, and monitor risks and opportunities regulation Implement Internal Carbon Pricing Research on emerging technologies and mitigation measures Energy Resources Energy Generation Energy Technology • Collaborate with renewable assets on carbon management strategy for alternative energy sources, storage, technologies/projects. • Undertake assurance audit of the Banpu Resources Emissions model (BREM). • Multi-Disciplined team to develop business plan for stage 1. of Scope 1 emissions reduction plan. • Secure Gas emission/De-carbonization Manager to manage ongoing gas emissions monitoring and process oversight. • Develop decarbonization initiatives through energy efficiency projects, fuel consumption reduction project, fuel switching project, CCUS, etc. • Monitor updated law and regulation regularly. • Monitor updated guidelines such as NDRC NEA’s guideline on measures to improve the mechanism for a green-or iented low-carbon transition of energy. • Implement plan on accelerating the establishment of a unified and standardized carbon emission statistical calculation system. • Seek opportunity to participate in Emission Reduction Trading within Country. • Develop decarbonization initiatives through energy efficiency projects, fuel consumption reduction project, fuel switching project, etc. • Monitor updated law and regulation regularly. • Optimize investment portfol io, focusing on financial returns from existing and future investments. • Strengthen position as an integrated battery player, expanding across the value chain from production to BESS deployment. • Monitor updated law and regulation regularly. Climate Change Report 2023 25
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