Environmental Management at PTTEP
PTTEP commits to operate the business conscientiously and responsibly towards society and environment through adhering to the Safety, Security, Health, and Environmental (SSHE) Policy, which includes the commitment to the environmental protection. Company personnel, business partners as well as contractors working for or on behalf of the company must implement this SSHE Policy. Our implementation of the Environmental Management System (EMS) is integrated in the SSHE Management System implementation, and is aligned with the ISO 14001 international standard.
To achieve Target Zero and the company’s sustainability strategies, the Green Practice Roadmap laid out the strategic plan for the environmental pillar. The roadmap supports the mitigation of environmental impacts from our operations, lowering of our carbon and ecological footprints, as well as creation of value-added processes to our business.
To ensure compliance with the product stewardship according to PTT Group Sustainability Management Framework as well as strengthen EMS implementation, the company respective products focuses on the management of the environmental aspects and impacts throughout the products and services’ life cycle mainly from exploration and production activities including; but not limited to; product transportation, waste management, other logistics activities and supply chain management. An Environmental Impact Assessment (EIA) study is required for every oil and gas exploration and production projects including decommissioning projects. A summary of the company EIAs as well as Social Impact Assessment (SIA) and the case studies of EIA/SIA Reports is addressed in the Capital Project Management section. In addition, stakeholder management also plays an important role in driving the business success through the appropriate management of their expectations and agreed objectives. PTTEP’s stakeholder management can be done through either the company stakeholder management process or the EIA process. As part of the business development, the company also carefully examines the Merger and Acquisition (M&A) activities, in which SSHE issues and performances are evaluated based on the SSHE criteria during the SSHE due diligence process.
For an effective management of our environmental impact, PTTEP has continued the certification and implementation of the ISO 14001:2015 for all our operating assets. Last but not least, PTTEP commits to 100% reporting of our environmental performances for all operating Assets and supporting functions in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Standard for the “In Accordance – Core” Option, Oil and Gas Sector Disclosures – OGSD, as well as international frameworks for sustainability management such as Oil and Gas Industry Guidance on Voluntary Sustainability of the International Petroleum Industry Environmental Conservation Association (IPIECA) and Dow Jones Sustainability Indices (DJSI). The environmental performance reports cover the following, but not limited to: energy consumption, GHG and air emission, water withdrawal, water discharge, waste disposal, spill, biodiversity and ecosystem services, produced water disposal, and waste disposal in all production phases and assets under PTTEP operational control.
For the continuous improvement of our environmental performance, PTTEP has developed an environmental information database, and has continuously reviewed and updated the data collection method and database itself. The data reported since 2010 has continuously been assured by an independent external party as well as publicly disclosed in PTTEP Sustainability Report. In addition, we also benchmark our performance against peers in the International Association of Oil and Gas Producer (IOGP), Dow Jones Sustainability Indices (DJSI), Carbon Disclosure Project (CDP) Climate Change and Water Management and other agencies.