MESSAGE FROM CEO Sinon Vongkusolkit Chief Executive Officer begun adopting the requirements of IFRS S2–the International Financial Reporting Standard for Climaterelated Disclosures. By integrating these standards into our framework, we are not only meeting regulatory expectations but also setting a higher benchmark for ourselves in managing climate-related risks and opportunities. Recognizing the unique challenges and opportunities in the regions where we operate, we are enhancing our cl imate scenario analysis to al ign with the Nationally Determined Contributions (NDCs) of each country. This tailored, region-specific strategy ensures that our efforts are both globally cohesive and locally relevant, enabling us to anticipate and adapt to diverse climate realities. Simultaneously, we are undertaking a comprehensive re-assessment of climate-related risks and opportunities at the site level. By examining the unique conditions of each operational location, we aim to fortify our resilience, unlock new possibilities for innovation, and safeguard the communities and ecosystems we serve. As we stand at a pivotal moment in the global challenge against climate change, Banpu is reaffirming our commitment to a more sustainable future. Climate change is not just an environmental challenge, it is a business imperative that demands decisive action, strategic foresight, and collective responsibility. I am proud to announce a cornerstone of our climate strategy: Net Zero target by 2050. This is a bold yet necessary target, reflecting our dedication to mitigating the impacts of climate change and fostering a resilient, low-carbon world. To ensure measurable progress, we have set interim targets to reduce greenhouse gas emissions by at least 20% by 2030. These commitments are not aspirational ideals, they are actionable imperatives that wi l l guide our operations, investments, and partnerships in the years ahead. In line with our commitment to transparency and accountability, we are taking significant steps to align with emerging global standards. This year, we have The journey ahead will demand collaboration. I am inspired by the dedication and passion of our employees, as well as the collective strength of our partners and stakeholders who share our vision for a sustainable tomorrow. Together, we are not just responding to the climate crisis–we are shaping it. Let us continue to push boundaries, challenge the status quo, and lead with purpose. This Climate Change Report 2024 is our pledge to act decisively, to lead purposefully, and to contribute meaningfully to a world where future generations can thrive. THANK YOU FOR JOINING US ON THIS TRANSFORMATIVE PATH. WE WILL NAVIGATE THE COMPLEXITIES OF THE ENERGY TRANSITION AND CONTINUE TO CREATE LASTING VALUE FOR OUR STAKEHOLDERS. Climate Change Report 2024 Climate Change Report 2024 4 5 Introduction Governance Strategy Risk Management Metrics & Targets Looking Ahead
RkJQdWJsaXNoZXIy ODg4NTI=