Social Enterprise

Social Enterprise is an organization that applies commercial strategies to maximize improvements in social and environmental well-being.  Social Enterprise, financially viable independence, does not depend on donation and shall re-invest profit for community benefit.

PTTEP together with PTT Group has set up Sarn Palung Social Enterprise Company Limited (PTTSE)  with an aim to promote Social Enterprise and to be a Leader of Social Enterprise implementation to solve communities’ problem and continuously develop sustainable society which will improve the quality of life in long run.

In 2017, PTTEP, in collaboration with Mechai Viravaidya Foundation, pioneered the School-Based Integrated Rural Development Project (School-BIRD Project)   in 3 different schools in Sukhothai Province, Kamphaeng Petch Province and Phitsanulok Province.  The aim is to develop the schools as models of a learning hub and a center for economic and social development according to the integrated learning concept of Pracharath school and Mechai Pattana School.  The focus of the project is on 6 key activities, which are 1) engagement in school activities and strengthening communities in the school vicinity; 2) training in agricultural business and establishment of school-based minifarm to eradicate poverty, in the form of the school’s own social enterprise; 3) capacity building for teachers, students, parents and community members; 4) establishment of a social enterprise-based bank to encourage savings and provide career development loans to the community; 5) establishment of a business fund to support students’ entrepreneurship and 6) support for health, hygiene, the environment and drinking water for students.  PTTEP believes that the project provides fundamental knowledge to youths and increase opportunities for revenue generations for schools, students, parents and locals in community, allowing them to attain a better quality of life and self-sufficiency.