In this report, we describe how climate change scenarios may impact our business and outline our strategy to mitigate those potential impacts and ensure our resilience. Our understanding of the challenges associated with climate change is evolving and we continuously update our plans accordingly. While this report focuses on Banpu’s strategy to mitigate the climate-related risks and opportunities to our business, we are also taking actions to tackle climate change at source. We continuously invest in projects and programs that can reduce and/or remove greenhouse gas (GHG) emissions towards low carbon society. To pursue our sustainability: • Our Decarbonization Roadmap is developing which aims to reduce our GHGs emission in scope 1 and 2 as well as to fully disclose scope 3 by 2026. • We have sought more opportunities in renewable energy investment by increasing investment to be 1.1 GW by 2025, as well as no new inorganic investment in coal business since 2020. Climate Change Report 2023 9
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