Message from our Chairman and MD

Global Green Chemicals Public Company Limited (“GGC”) is committed to driving the organization toward being a role model for sustainable business operations, with responsibility to society and the environment under the principles of good governance.

In 2024, the world continues to face various challenges such as the geopolitical changes that impact multiple dimensions, including the ongoing trade protectionism measures affecting global supply chain management for goods and services. Additionally, the persistent economic recession, rising global inflation, changing in business landscape, and currency exchange rate volatility are also part of the significant impacts to the organization. Moreover, there is a growing global awareness of the impact of business activities on climate change, and a trend among consumers towards greater environmental and health consciousness. This presents a great opportunity for eco-friendly products and the Company's sustainable business practices to meet global demands.

GGC remains committed to pursuing steady and sustainable growth under the strategy “Strength, Growth, Sustainability” with a strong focus on “Execution for Success,” aimed at driving sustainable development goals in alignment with the United Nations' Sustainable Development Goals (SDGs). This approach seeks to strengthen the current business, enhance resilience to adapt to changes and various risks, and seek opportunities to develop new sustainable product. These key strategies are designed to achieve both short-term and long-term goals in the areas of biofuel business, biochemical business, and high-value and sustainable product businesses.

In 2024, GGC’s approach to implementing this strategy is divided into three dimensions, which include:

Environment: GGC is committed to environmental stewardship by maintaining a balance between business growth and sustainable environmental considerations. This is achieved through the implementation of Decarbonization Pathway and promoting biodiversity. The Company has set targets to reduce Scope 1 and 2 greenhouse gas emissions by 20% by 2030 and to achieve net-zero greenhouse gas emissions by 2050. Additionally, GGC aims to reduce Scope 3 greenhouse gas emissions by 50% by 2050. Key strategies to achieve these goals include:

Social: GGC is dedicated to preventing and mitigating social and environmental impacts sustainably through enhancing Corporate Social Responsibility (CSR) projects, Creating Shared Value (CSV) initiatives, and continuously advancing Social Enterprise (SE) projects. In 2024, GGC continues to focus on fostering economic sustainability in the country’s agricultural sector throughout the supply chain through the Sustainable Palm Oil Production and Procurement Project for Climate Mitigation and Adaptation (S-POPP CLIMA) project. This project continuously builds on the success of certifying smallholder farmers under the Roundtable on Sustainable Palm Oil (RSPO) standards, as part of the Sustainable Palm Oil Production and Procurement Project (SPOPP). In collaboration with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the S-POPP CLIMA focuses on enhancing the knowledge of RSPO-certified smallholder farmers. This enables them to leverage existing data to calculate the carbon footprint and adopt low-carbon palm plantation management practices. These efforts aim to reduce environmental and climate impacts, improve sustainable palm oil production standards in Thailand, create shared value with partners, and enhance the quality of life for Thai farmers. Additionally, GGC continues to develop SE Project Health & Personal Care products of Koh Kok Community Enterprise in Noen Phra Subdistrict, Mueang Rayong District, Rayong Province. This initiative aims to strengthen Koh Kok community, setting it as a model for other communities in the future.

Governance: GGC upholds a strong commitment to conducting business with transparency, adhering to principles of good corporate governance, and ensuring verifiability to prevent fraud and corruption. This approach fosters trust among stakeholders and aligns with sustainable development practices. GGC complies with both national and international standards by integrating Governance, Risk Management, and Compliance (GRC) into its operations.

Driven by its commitment to sustainability that aligns with global trends and stakeholder needs across the supply chain, GGC has received numerous international certifications and accolades. Notably, it was selected for inclusion in S&P ESG Global Yearbook 2024 for the second consecutive year, ranking 4th in the Chemical Industry and achieved an B (Management Level) rating for climate change from the Carbon Disclosure Project (CDP), a sustainability assessment institute. Additionally, GGC was awarded Gold Level recognition in the basic chemicals manufacturing sector by EcoVadis, a leading evaluator and rater of sustainability performance across business value chains. These achievements underscore the Company’s dedication to advancing sustainable business practices effectively, reflecting its readiness to achieve its vision "To be a Global Sustainable Company."

On behalf of the Board of Directors, management, and employees, we extend our heartfelt gratitude to all stakeholders for their continued support. Despite the challenges and obstacles GGC may face in 2024, we remain steadfast in our commitment to advancing our business toward sustainable stability. Our goal is to lead in environmentally friendly chemical products while driving the power of creativity to deliver sustainable value to society and the nation.