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PTT Takes Center Stage: Honored for Groundbreaking Sustainability and Innovation Achievements at SET Awards 2024

PTT Takes Center Stage: Honored for Groundbreaking Sustainability and Innovation Achievements at SET Awards 2024

October 31, 2024 Catherine Williams - Chief Editor Business

PTT receives an honorary award for its achievements in the field of sustainability. and innovation from the SET Awards stage 2024, reflecting business excellence

On October 30, 2024 Dr. Kongkrapan Intarajang, Chief Executive Officer and President, PTT Public Company Limited (PTT). He disclosed that PTT received the SET Awards 2024 organized by the Stock Exchange of Thailand Together with the Finance and Banking Journal, a total of 2 awards include the Honor Award for success in sustainability (Sustainability Honor Awards) and the SET Honor Awards reflect the spirit of PTT which places importance on sustainable business management in all dimensions. Investment must bring benefits to the organization and to the country. Ready to build confidence in all sectors and create synergy within the PTT Group under the vision “PTT is strong together with Thai society. and grow sustainably on a global scale.”

PTT Takes Center Stage: Honored for Groundbreaking Sustainability and Innovation Achievements at SET Awards 2024 - News Directory 3

This is the 4th year that PTT has received the honor award for its sustainability achievements. (Sustainability Honors Awards), which is the result of a commitment by operations to receive the Best Sustainability Awards on an ongoing basis, with PTT adhering to its main mission in creating energy stability. Ready to integrate sustainability into the business Achieve the goal of net zero greenhouse gas emissions (Net Zero Emissions) by 2050 or 2050 by integrating the management of the entire PTT Group through C3 operational guidelines, including:

Climate Resilience Business Adjust your portfolio and consider carbon emissions along with business growth.

A Carbon-Aware Asset Improve efficiency in the production process Use clean energy such as hydrogen and use new technology in the production process. Including processing carbon dioxide into new products (Carbon Capture and Use: CCU), etc.

Coalition, Co-Creation, and Joint Efforts for All Coordinating cooperation with stakeholders This is the backbone of the country in developing infrastructure and technology to reduce greenhouse gases. Using Carbon Capture and Storage technology (Carbon Capture and Storage: CCS) and increasing the absorption of carbon dioxide through natural means. By planting and maintaining forests

PTT Takes Center Stage: Honored for Groundbreaking Sustainability and Innovation Achievements at SET Awards 2024 - News Directory 3

For the SET Honor Awards, PTT received the Best Innovative Company Awards 4 years in a row, including 2021, receiving the award for its innovative development of biocellulose wound treatment materials 2022 Innaqua received by innovation PTT EV Charger and Charging Platform, Received 2023 of AAD PTT catalyst work, and this year is the development work. “An innovative microscale heat exchanger or PTT MicroHX” that helps increase energy efficiency in industrial estates. By bringing in waste energy in the form of heat or cold. Recirculated for use in the process (Energy Recovery) for benefits. It can significantly reduce energy costs and carbon emissions. Including reducing environmental impacts on society and communities. Reduce dependence on foreign technology Increase competitiveness at industry and national level. It is also a new innovation that has received more than 40 patents in 9 countries including the United States, England, Germany, China, Korea, Japan, Malaysia, Myanmar and India. Chonburi Province and PTT LNG Company Limited (PTTLNG) for use in Terminal 1 LNG project in Map Ta Phut Industrial Estate, Rayong Province Currently, it is in the process of commercial expansion to industrial business groups in and around out to the PTT Group as well.

PTT Takes Center Stage: Honored for Groundbreaking Sustainability and Innovation Achievements at SET Awards 2024 - News Directory 3

“PTT would like to thank analysts, investors, shareholders and experts. That gives confidence in the potential and ability to conduct business, resulting in PTT receiving a prestigious award today. This is a source of great pride for the organization as a listed company on the Stock Exchange of Thailand PTT is ready to operate a fully integrated energy and related business under the principles of good corporate governance. and looking after stakeholders in a balanced way Strengthening the country’s economic and social systems for sustainable growth together.” Dr. Kongkrapan said.

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