Social Responsibility Policy
Banpu is committed to operating its business in alignment with the Environmental, Social and Governance (ESG) principles to ensure a balance between business growth and creating sustainable values for all stakeholders. The company has initiated a variety of social responsibility programs anchored in its business credo: “An industry will be strong only when it is developed in tandem with social and environmental responsibility”.
- Undertake all operational activities by prioritizing “care and responsibility” for all groups of stakeholders. The Company has strived towards achieving international best practice standards by strictly complying with all applicable laws and regulations of the host countries, conducting business ethically and transparently and being a good corporate citizen in all areas where our business operates.
- Run community development initiatives that truly respond to each community’s real needs and focus on active participation of the community members. The aim is to enhance the quality of life in various areas ranging from public infrastructures and utilities to career, education, local customs and traditions.
- Implement CSR programs at the corporate level, in addition to community development initiatives, with a focus on enhancing people’s potential, which is regarded as a key driver for the sustainable development of the country and society in the future.
“Embracing Potential, Energizing People”
Banpu carries out purpose-driven corporate social responsibility (CSR) activities to address societal needs and reflect the Company’s core value, which is ‘people.’ Our corporate-level CSR initiatives focus on developing human potential under the concept of “Embracing Potential, Energizing People.” This framework aims to empower individuals to maximize their potential so that they can create positive impact for themselves, their communities, and society at large. It also promotes equality, reduces disparities, and expands opportunities for a better future. The Company focuses on empowering people in four key areas:
- Intellectual Enhancement: Focus on developing, promoting, and expanding access to knowledge and skills, fostering versatile capabilities essential for life.
- Wealth & Well-Being: Strengthen economic growth and enhance the well-being of the community and society.
- Earth Betterment: Encourage active engagement and establish networks dedicated to protecting and preserving the environment, natural resources, and ecosystems.
- Energy Sustainability: Ensure access to energy and clean energy—fundamental factors for stable and sustainable development.