GC Ranked No. 1 Globally in Chemicals for the Seventh Consecutive Year
PTT Global Chemical Public Company Limited (GC) has secured the No. 1 position in the Chemicals Sector for the seventh consecutive year in the S&P Global Corporate Sustainability Assessment (CSA) 2025, conducted by S&P Global (formerly DJSI). With this achievement, GC becomes the first company in the global chemicals industry to reach this milestone.
In addition, GC has been selected as a member of the S&P Global Sustainability Yearbook 2026 for the 13th consecutive year. This continued recognition highlights GC’s role as an innovation-driven organization that delivers measurable differentiation through business operations grounded in Environmental, Social, and Governance (ESG) principles.
Embedding Sustainability into Business Strategy
GC’s consistent top ranking reflects its deep integration of sustainability into its corporate strategy and operations. Rather than treating sustainability as a parallel initiative, the company has embedded ESG considerations into decision-making processes across all business units.
In the 2025 assessment, GC achieved outstanding top scores in several key areas, including:
- Sustainable environmental policy and management systems
- Energy management
- Climate change strategy
These high scores demonstrate GC’s structured and systematic approach to sustainability governance. The company has aligned its policies, operational frameworks, and performance metrics to ensure that sustainability goals are translated into measurable outcomes.
Beyond policy, GC has continued to accelerate the development of low-carbon product innovations. This focus reinforces the company’s ability to convert long-term sustainability commitments into practical actions that generate stable growth while enhancing quality of life for communities and stakeholders.
Innovation Begins with Rethinking and Taking Action
Mr. Narongsak Jivakanun, Chief Executive Officer of GC, emphasized that the achievement reflects the organization’s commitment to creating differentiation through decisive action. Despite volatility in the global economy and ongoing challenges within the petrochemical industry, GC maintains that creative, differentiated innovation is critical to strengthening competitiveness and enabling sustainable growth.
Rather than relying solely on capacity expansion, GC has focused on rethinking existing assets and processes to unlock new value. The company believes that innovation does not always require building new infrastructure; in many cases, it begins with optimizing and transforming what already exists.
Pioneering Sustainable Aviation Fuel (SAF) in Thailand
One of the most significant examples of GC’s innovation-driven approach is the development of Sustainable Aviation Fuel (SAF). By leveraging its technical expertise and existing production capabilities, GC modified its manufacturing processes to utilize Used Cooking Oil (UCO) as a feedstock. Importantly, this transformation was achieved without investing in the construction of a new facility.
Through this strategic adaptation, GC became Thailand’s first SAF producer for the aviation industry. The initiative demonstrates how process innovation can create high-value, low-carbon products while minimizing capital expenditure.
Beyond SAF, this capability also enables GC to expand further into bio-based chemicals and bioplastics. By converting domestic waste resources into valuable raw materials, the company reduces greenhouse gas emissions while strengthening Thailand’s circular economy ecosystem. This approach exemplifies how environmental stewardship and business value creation can go hand in hand.
Advancing Toward Net-Zero Emissions by 2050
Environmental responsibility remains a central pillar of GC’s long-term strategy. The company has set an ambitious target to achieve net-zero greenhouse gas emissions by 2050, aligning its roadmap with global climate goals.
To support this target, GC has implemented multiple tangible initiatives, including:
- Enhancing operational efficiency across production processes using advanced technologies
- Increasing the proportion of renewable and low-carbon energy sources
- Optimizing energy management systems
- Implementing carbon reduction measures across facilities
Between 2021 and 2025, these initiatives resulted in a cumulative reduction of more than 400,000 tons of carbon dioxide equivalent. This measurable progress underscores GC’s commitment to moving beyond pledges toward concrete climate action.
Furthermore, GC extends its sustainability efforts throughout its value chain. By collaborating closely with suppliers, partners, and customers, the company promotes transparent and practical reductions in greenhouse gas emissions, reinforcing shared responsibility for climate action.
Driving the Circular Economy Through “GC YOU Turn”
In addition to climate action, GC plays a significant role in advancing Thailand’s circular economy. The company launched the “GC YOU Turn” initiative, a comprehensive and innovative program focused on post-consumer plastic waste management.
The initiative operates through collaboration with more than 140 partner organizations, including:
- Public and private sector entities
- Educational institutions
- Hospitals
- Community organizations nationwide
Through a nationwide network of more than 400 designated Drop Points, the program encourages individuals to return used clear PET and opaque HDPE plastic bottles. The collected plastics are sorted at the source and subsequently processed through recycling and upcycling systems to create value-added products.
Since its launch, “GC YOU Turn” has successfully returned more than 122,000 tons of used plastics to the recycling process. By integrating public participation, structured collection systems, and advanced recycling technologies, the program serves as a key driver of circular economy implementation at the national level.
Strengthening Communities and Social Impact
GC’s commitment to sustainability extends beyond environmental performance to social development. The company conducts business operations with a strong emphasis on supporting and empowering communities in areas where it operates.
GC aims to balance financial performance with improvements in quality of life. Its initiatives focus on:
- Job creation and income generation
- Skills development programs
- Community enterprise support
- Capacity-building initiatives
Through these programs, GC fosters sustainable self-reliance among communities. The company’s approach ensures that local stakeholders benefit directly from industrial development, promoting inclusive growth.
By investing in human capital and strengthening local capabilities, GC reinforces the principle that long-term corporate success must be aligned with social progress. Business expansion and community development are treated as mutually reinforcing objectives rather than competing priorities.
Understanding the S&P Global Corporate Sustainability Assessment (CSA)
The S&P Global Corporate Sustainability Assessment (CSA) is one of the most internationally recognized sustainability evaluation frameworks. Conducted annually by S&P Global, the assessment evaluates more than 9,200 leading companies worldwide.
The CSA measures corporate performance across all three ESG dimensions:
- Environment
- Social
- Governance
It assesses both policy frameworks and operational execution, requiring companies to demonstrate measurable results and transparent reporting.
Investors widely use CSA results as a critical input in their decision-making processes, alongside financial performance metrics. A strong CSA ranking signals resilience, forward-thinking governance, and effective risk management — all of which are increasingly important in today’s dynamic global business environment.
Reinforcing Leadership Through Differentiated Sustainability
GC’s seventh consecutive No. 1 ranking in the global chemicals sector reflects more than consistent performance — it represents a sustained commitment to innovation, operational excellence, and ESG integration.
By combining strategic foresight, technological adaptation, value-chain collaboration, and community engagement, GC continues to reinforce its leadership position in the industry. The company demonstrates that sustainability-driven innovation can serve as a powerful engine for competitiveness, resilience, and long-term value creation.
As global economic conditions remain uncertain and environmental challenges intensify, GC’s approach illustrates how industrial organizations can evolve responsibly — balancing growth, environmental stewardship, and social development to deliver meaningful and measurable impact.
Source link: https://www.pttgcgroup.com/
