GC, the Bangkok-based parent company of PTTGC America, has been recognized for its efforts around environmental protection by two prominent international organizations. The Dow Jones Sustainability Index (DJSI) has rated GC No. 1 in the world for sustainability in the chemicals sector for the second consecutive year in a row and ranked GC among the top 10 companies in the DJSI World Indices and DJSI Emerging Markets Index for the eighth consecutive year. GC is also the first and only Thai-owned conglomerate to achieve the highest score in the 2020 annual environmental disclosure of the Carbon Disclosure Project (CDP). GC was awarded the leadership level top “A” grade for best-practice initiatives in both climate change and water security in CDP’s prestigious corporate sustainability standards.
The DJSI was jointly established by the S&P Dow Jones Indices and the SAM Corporate Sustainability Assessment and serves as an index to evaluate expertise in sustainable development of leading globally listed companies. CDP, a nonprofit organization recognized as the largest online data source for greenhouse gases, uses a scoring methodology ranging from A to D-; the average score for companies in Asia and for chemical companies is D. GC is Thailand’s first and only company to have received a score of A in the assessment. The CDP and DJSI rankings reflect GC’s commitment to applying a sustainable approach to driving its business by balancing three dimensions: the economy, environment and society under its principles of good corporate governance.
GC CEO Dr. Kongkrapan Intarajang said that the company is committed to operating as a sustainable organization and taking on a pivotal role in mitigating the impacts of climate change while transitioning to a low-carbon community in support of the Paris Agreement and the United Nations Sustainable Development Goals. GC is taking a leading role responding to climate change through its pledge to reduce greenhouse gas emissions by 20% in 2030 from the base year of 2012. By establishing comprehensive water management goals, both internally and externally, GC will ensure that its operations are accountable and that it maintains its leadership position in sustainability at the international level.