PTTGC places considerable emphasis on resource utilization together with taking care of the environment. Besides, PTTGC considers sustainability as a core business priority and an integral part of the corporate strategy. Accordingly, PTTGC has applied the Circular Economy Concept to consider and set the company business plan, optimize the use of resources, reduce waste generation, and reduce impacts to the environment.
The Concept focuses on finding an equilibrium between technological and biological developments to reducing waste and environmental impacts throughout the whole supply chain. Therefore, PTTGC is integrating the Circular Economy Concept into business practices in three ways:
Preserve and Enhance Natural Capital
PTTGC puts a great effort on reducing proportion of nonrenewable resources and increasing the renewable or recycled resources. The company has initiated a technological development by enhancing the efficiency and quality of environmental management, for example, installing Seawater Reverse Osmosis (SWRO) and Wastewater Reverse Osmosis (WWRO) systems to monitor and improve wastewater quality discharged from wastewater treatment system to ensure that the discharged amount can be used and reentered in the operating process. As a result, 7.69 million m3 could be reused and recycled in 2017.
Considering products produced from biological resources to be an important aspect, PTTGC has participated in the establishment of the national Bio-Economy project, organized by the government to focus on innovating and utilizing alternative resources and energy to the organization. Accordingly, PTTGC has developed bioplastics, including Polylactic Acid (PLA) and Polyethylene (PE) to be used as plastic resins for biodegradable nursery bags, agricultural plastics, and eco-friendly packaging that have the same quality as they are produced from conventional plastic but are environmentally friendly.
Optimize Resource Yields
PTTGC integrates eco-design concept along the value chain from product design, product development, to selection or reduction hazardous chemicals in production process. Low Density Polyethylene (LDPE) resins for film products, which reduce raw material consumption is an example of resource reduction in manufacturing process that requires less resource but contains low quantity of additives, solves discoloration problems, whereas maintains heat tolerant, strength and clarity features. This reduction of material results in 66% decrease of antioxidant used in the production process, saving production costs by 2 million baht per year, and generating revenue more than 140 million baht per year.
Besides producing environmentally friendly products, PTTGC strives for collaboration to have strategic partnerships to accelerate company growth. Upcycling the Oceans, Thailand is an example of collaborating project paired with the ECOALF foundation of Spain, and the Tourism Authority of Thailand to conserve and restore marine resources and ecosystems. PTTGC works hands in hands with local fishermen, coastal communities, and other stakeholders to collect PET bottles and PE plastic waste in the Eastern and Southern coast of Thailand. With innovation and technology, the collected waste is recycled into raw materials for garment production.
Foster System Effectiveness
PTTGC adheres to the Concept of the Circular Economy by measuring effectiveness and responsibly utilizing resource at the maximum level following the company’s 5Rs concept, including Reduce, Reuse, Recycle, Renewable, and Refuse. Examples of PTTGC implementation with regard the 5Rs concept are, the company has implemented zero waste to landfill by reducing the amount of waste and changing method of waste disposal from landfill to other environmentally friendly methods. In terms of carbon footprint, 115 products are certified with Carbon Footprint of Product (CFP) and 63 products are certified with Carbon Footprint Reduction of Product (CFR), which are labels demonstrated an achievement in reduction of the product's carbon footprint required by the Thailand Greenhouse Gas Management Organization's Carbon Labeling Program.
To ensure the well-being of surrounding communities and the environment, PTTGC has Vapor Recovery Units (VRUs) installed to collect fugitive emissions. In addition, PTTGC plans to install Enclosed Ground Flare (EGF) systems to control air emission and to help lessen heat radiation, illumination, and noise levels.
PTTGC exercises its businesses based on strategic management following the Concept of the Circular Economy committing in developing innovation and adapting technologies to business operation in preventing adverse impacts. The forethought is to mitigate risks that affect the organization and to cooperate in protecting and restoring the ecosystem for a sustainable environment of all.