PTT’s Vision for a Sustainable Future Secures Top DJSI Ranking

PTT Public Company Limited (PTT) announced today that it has been ranked at the top of the Corporate Sustainability Assessment (CSA) in the Oil & Gas Upstream & Integrated (OGX) industry group.

For the 13th consecutive year, PTT has also secured membership in the Dow Jones Sustainability Indices (DJSI) World Index and Emerging Market Index. The DJSI is a globally recognized benchmark evaluating the sustainable development performance of over 3,500 leading corporations through the CSA by S&P Global. Recognized worldwide by institutional investors and funds, it is a gold standard for excellence in sustainability practices.

PTT’s Vision and Leadership in Sustainability

PTT’s ongoing recognition in the DJSI reflects its sustainable practices and innovation leadership. Central to this effort is the company’s transformative initiative, “Powering Life with Future Energy and Beyond,” which outlines strategies to address climate challenges and drive the energy transition. This initiative includes investments in renewable energy, decarbonization efforts, and advanced technologies to shape a cleaner energy future.

Key Accomplishments

1. Global Recognition:
   • Being listed on the DJSI for 13 consecutive years highlights PTT’s ESG performance excellence.
2. Renewable Energy Investments:
   • PTT has significantly expanded its portfolio of solar, wind, and hydrogen energy projects.
   • The company has developed an EV infrastructure and battery production facilities.
3. Decarbonization Goals:
   • PTT aims to achieve net-zero carbon emissions by 2050. To this end, it employs carbon capture and storage technologies and emphasizes energy efficiency.
4. Global Footprint:
   • PTT’s international presence includes strategic investments such as acquiring Cove Energy in Mozambique and providing access to vast natural gas reserves.

Other Companies Recognized in the 2024 DJSI

In addition to PTT, several global leaders across various sectors have been recognized in the 2024 DJSI for their outstanding sustainability efforts:

• Unilever
• Siemens
• Nestlé
• Schneider Electric
• Alphabet Inc.,

Commitment to Balanced Growth

PTT’s principle of a “BALANCED AND SUSTAINABLE APPROACH” guides its efforts to:

• Ensure energy security for Thailand through diversified energy sources, such as its 2024 LNG deal with Oman LNG.
• Foster job creation and sustainable development in local communities.
• Leverage advanced digital technologies like AI and blockchain to enhance efficiency and reduce waste.

Challenges and Future Vision

Despite its achievements, PTT faces challenges, including its historical environmental controversies, such as the 2013 oil spill and its involvement in Myanmar gas pipeline projects. These challenges have encouraged the company to improve transparency and strengthen its environmental initiatives.

PTT’s inclusion in the DJSI and its innovations demonstrate its focus on creating a sustainable future. Through adopting advanced technologies, investments in renewable energy, and active community engagement, PTT is building an energy ecosystem that benefits Thailand and the global community.