Biodiversity and Ecosystem Services Management
PTTEP commits to conduct our operations while considering mitigating the environmental impact and integrating the biodiversity and ecosystem services into the business decision making. Moreover, PTTEP also commits to create net positive impact on the biodiversity and ecosystem services within our operational areas. To achieve these commitments, we have set targets to:
- Not operate in any World Heritage Site.
- Aim at no net loss for Biodiversity and Ecosystem Services (BES) in our operational areas located in IUCN Category I-IV protected areas.
In order to ensure the achievement on the target set with effective way, PTTEP developed its Biodiversity and Ecosystem Services (BES) Management Guideline which is in line with "A Guide to Developing Biodiversity Action Plans for the Oil and Gas Sector" established by International Petroleum Industry Environmental Conservation Association (IPIECA) and Performance Standard 6: Biodiversity Conservation and Sustainable Management of Living Natural Resources of International Finance Corporation (IFC). This BES Management Guideline has been implemented across all of PTTEP operational sites since 2013. Scope of Guideline covers the following:
- Conducts BES Risk Assessment through different project phases.
- Develops Biodiversity Action Plan (BAP) where there is high risk to BES.
- Monitors environmental impacts.
- Implements Biodiversity Action Plan (BAP) in all operations.
- Considers biodiversity offsets, where there is a residual impact following implementation of the mitigation hierarchy to compensate for the potential loss of biodiversity values to achieve no-net loss.
Biodiversity and Ecosystem Services Risk Assessment
PTTEP manages its Biodiversity and Ecosystem Services Risk by conducting environmental impact assessments and public participation for all exploration & production projects. PTTEP also executed and implemented Biodiversity Action Plans (BAPs) for projects that could potentially involve ‘high risk’ in regard to BES in the Company’s operational sites. BAPs are an internationally recognized tool addressing threatened species and habitats and are designed to protect and restore ecosystem services. Although the BES risk assessment result showed that no PTTEP project had a ‘high risk’ on BES, PTTEP willingly followed its own mitigation hierarchy and developed Biodiversity Action Plans (BAPs) for all projects that were identified as ‘medium risk’ to biodiversity and ecosystem services. PTTEP conducts BES management training for all PTTEP staff and contractors working in protected areas. The communities in the area are also engaged in BES values assessment. PTTEP continually partners with government agencies and academic institutes in the study and development of the BES management which are illustrated in Showcase.
PTT Exploration and Production Public Company Limited555/1 Energy Complex Building A, 6th Floor & 19th - 36th Floor, Vibhavadi-Rangsit Road, Chatuchak, Chatuchak, Bangkok 10900 Thailand
Phone : 66 (0) 2537-4000
Fax : 66 (0) 2537-4444
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