Significance & Commitment
Banpu believes that business success should be measured not only by profitability but also by its ability to create and distribute economic value among all stakeholders. As a responsible corporate citizen, the Company is committed to sharing economic value with related stakeholders. Economic distribution is embedded as a core element for the Company, ensuring that the benefits of growth are shared fairly with employees, local communities, suppliers, governments, and investors.
Management Approach
The Company’s commitment to distributing economic value is embedded in the day-to-day business operations and reflects our role as a good corporate citizen in every country where we operate. Beyond compliance with applicable laws and regulations, the Company demonstrates this commitment through the payments of taxes and fees, the promotion of local employment, and the spending on local products or services where possible. For transparency, all tax-related information is disclosed to relevant stakeholders in accordance with international best practices and in alignment with local regulatory requirements.
The Company aims to pay dividends of approximately 50% of its consolidated net profit, after deduction of all reserves required by governing laws and the Company itself. However, the actual dividend payout ratio is subject to the Company’s cash flow, investment plans, and other relevant considerations deemed appropriate by management.
In addition, Banpu’s corporate philanthropy is dedicated to creating societal value while fostering sustainable business growth. Our initiatives span a wide range of impact areas, including education, health, economic development, environmental conservation, arts and culture, social welfare, and emergency relief.
To ensure integrity and effectiveness, we have established a Corporate Philanthropy Policy that aligns with our corporate values. The policy includes key performance indicators to track progress and ensure continuous improvement. Through these efforts, Banpu aims to deliver lasting positive impacts on societies and the environment, ensuring that our business practices contribute to a better world for all.
To ensure transparency and accountability, the Company applies international frameworks across practices, such as applying the London Benchmarking Group (LBG) framework as a guideline for the classification of community investment. Moreover, the economic value distributed data and transfer pricing documents for intra-group transactions are independently verified by third parties and made available to related stakeholders.
In addition, to demonstrate transparency and accountability in engagement with public policy and industry advocacy, the Company discloses all monetary contributions made to political campaigns, lobbying efforts, trade associations, and other relevant groups whose primary role is to influence legislation or political outcomes.
Download Tax Management Approach (PDF)
Download Transfer Pricing Guidebook (PDF)
Download Corporate Philanthropy Policy (PDF)