Energy Management
Importance and Mission
The significance of efficient and sustainable resource use in energy management. The Group recognizes that enhancing energy efficiency is a key foundation that supports sustainable operations in solar wind and biomass power plants reduces costs in terms of cost-effectiveness and maintains long term competitiveness. Increasing energy efficiency reducing energy loss in the system and reducing greenhouse gas emissions also reflect the commitment to maximizing resource utilization especially in biomass power plant projects where fuel processing combustion and energy conversion require advanced management to reduce losses and increase generation capacity. These activities help reduce dependence on external energy sources reduce operating costs and increase profitability in a tangible manner.
In the financial planning dimension, having clear energy efficiency measures strengthens the Group’s capability to align with green finance requirements and international ESG standards. This alignment enables the company to access financing or loans with a lower cost of debt and builds strong investor confidence. In addition, efficient energy use is an important mechanism for creating climate resilience by reducing overall energy demand and supporting the long-term transition toward a low-carbon economy.
SDGs in the Energy Management
Goals and Performance Highlights
Goals
The Group’s target is to enhance energy efficiency across its operations by improving energy use, increasing clean energy generation capacity, and reducing greenhouse gas emissions to support long-term sustainability and cost reduction through the following approaches:
Clean Energy Capacity ExpansionThe Group aims to increase clean energy generation capacity by more than 30% by 2030 to meet the rising demand for renewable energy and support the transition toward a low-carbon economy.
Energy Intensity Reduction The Group aims to reduce electricity consumption per unit of production (energy intensity) by 10% by 2030 through the application of advanced energy-saving technologies and process optimization to maximize operational efficiency.
Corporate Energy ConservationThe Group aims to reduce electricity consumption in its buildings and offices by 10% by 2030 through the implementation of integrated energy management measures, along with awareness campaigns and behavioral change initiatives to encourage employees to reduce electricity use in a tangible manner.
Scope 3 and Supply Chain IntegrationThe Group targets a 30% reduction in indirect greenhouse gas emissions (Scope 3) by 2040 by fostering strategic collaboration with suppliers and partners to enhance energy efficiency and reduce the carbon footprint across the supply chain.
Net Zero and GHG Emission Reduction The Group aims to reduce greenhouse gas emissions (Scope 1 and 2) by 30% by 2030 through improving energy efficiency, optimizing biomass power plant operations, and increasing the share of solar and wind energy generation to achieve carbon neutrality in 2030 and net zero emissions in 2050.
Performance Highlights 2025
This table can be scrolled horizontally
| Energy Type | HO | SPN | WVO | SN | UPT | WINCHAI | SEG | TGC | TTQN | SSE | TTTV | Year 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Head Office | Solar Farm | Solar Farm | Solar Rooftop | Biomass | Wind Farm | Solar Farm | Solar Farm | Solar Farm | Solar Rooftop | Wind Farm | ||
| Fuel and Energy Consumption within the Organization (Unit: MWh) | ||||||||||||
| Non-renewable energy | 32.46 | 516.26 | 18.42 | 4.6 | 118.72 | 556.15 | 696.9 | 0 | 367.96 | 0 | 403.48 | 2,714.95 |
| Renewable energy | 0 | 72,442.81 | 7,243.42 | 13,168.94 | 74,016.76 | 147,123.76 | 86,381.47 | 28,985.69 | 59,627.58 | 41,356.83 | 140,770.40 | 671,117.67 |
| Purchased electricity | 0 | 72,451.74 | 7,094.16 | 11,348.12 | 65,453 | 142,564.17 | 83,745.84 | 22,532.48 | 59,048.58 | 39,902.15 | 136,575.77 | 640,716.01 |
| Energy consumption intensity per unit of production (Unit: GJ/KWh) | ||||||||||||
| Energy Consumption Rate per Unit of Production Process | N/A | 0.00003 | 0.00008 | 0.00003 | 0.01253 | 0.00001 | 0.00003 | 0.00006 | 0.00002 | 0 | 0.00001 | 0.0014 |
| Avoided Emissions for Allocation and Impact Report (tCO₂e) | 0 | 36,953.08 | 3,694.87 | 6,717.48 | 37,755.95 | 75,047.83 | 40,724.43 | 25,623.35 | 55,089.92 | 35,980.44 | 130,057.77 | 447,645.12 |
Management Approach
To achieve the Group’s targets on energy efficiency enhancement and clean energy expansion, the Group implements strategic measures that focus on improving energy efficiency, integrating renewable energy, and developing operational practices to achieve maximum effectiveness. The key approaches are as follows:
Board Oversight & CAPEX Alignment
The Group enhances governance on climate change and energy management by designating these matters as key agenda items at the Board level (Board Oversight), in alignment with the Task Force on Climate-related Financial Disclosures (TCFD) framework to ensure concrete policy direction. The Group has clearly established its commitment to integrating greenhouse gas reduction targets into the approval of capital expenditure (CAPEX), requiring all long-term investment plans through 2030 to align with the organization’s low-carbon transition goals and energy efficiency objectives.
Climate Risks and Time Horizons
The Group recognizes that climate change presents both significant risks and business opportunities. Therefore, the Group conducts quantitative and qualitative impact assessments and clearly categorizes time horizons into three periods: short term, medium term, and long term. This approach supports strategic planning for operational adjustment and the adoption of energy saving technologies to reduce losses in biomass power generation systems and other renewable energy systems to achieve maximum effectiveness.
Time-specific Quantified Targets
The Group has established quantified targets with clearly defined time frames that exceed regulatory requirements.
- Short-term target by 2030: Aims to reduce electricity consumption per unit of production (Energy Intensity) by 10% and reduce energy use in office buildings by 10% through technology and innovation, increase clean energy generation capacity by more than 30%, and reduce greenhouse gas emissions by 30% compared with the 2024 baseline. Progress against previously set targets is monitored and disclosed transparently each year.
- Medium-term target by 2035: Aims to improve energy efficiency and reduce fossil fuel consumption in Scope 1 and 2 by no less than 50%, and increase the use of low carbon or renewable energy sources.
- Long-term target by 2050: Aims for more than 95% of energy consumption to come from renewable energy sources.
Supply Chain Integration
To strengthen sustainability across the value chain, the Group has integrated environmental policies into its procurement practices (Supplier Policy) by requiring suppliers to implement energy management measures (Energy Used) and reduce greenhouse gas emissions. These requirements serve as key criteria for selecting new suppliers and evaluating existing ones.
Independent Assurance
To ensure the highest level of credibility for energy and greenhouse gas emissions data, the Group conducts independent assurance by engaging external third party organizations to verify data accuracy in accordance with international standards, thereby strengthening confidence among investors and financial institutions that support green finance.
