PTT Global Chemical PCL – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
Comprehensive	PTT Global Chemical PCL demonstrates a comprehensive governance process for climate lobbying, with clear mechanisms for oversight, monitoring, and alignment with climate goals. The company explicitly states that its Corporate Governance and Sustainability Committee (CGS) "monitors and oversees progress against goals and targets for addressing climate-related issues" and is "accountable for reviewing and implementing the management system for climate change-related lobbying activities and trade association memberships." Additionally, the Sustainability Development Committee (SDC) is tasked with ensuring that "all climate change lobbying policies and practices that GC engages in must also reflect GC’s overall visions and net zero ambition," with progress reported to the CGS for further review and recommendations. GC conducts a "quarterly monitoring and review process to assess whether public policy engagements and lobbying are aligned with the Paris Agreement for all direct lobbying activities and trade associations we are involved in," ensuring alignment with Thailand’s NDC and the Paris Agreement. The company also has a "clear framework for addressing misalignments" with trade associations, stating that discrepancies are addressed through "extensive discussions and engagements with involved parties" and that it may "distance the company from the misalignment if necessary." Furthermore, GC publishes a "detailed annual review covering the company’s assessment and actions related to the 1.5⁰C-alignment" of its own lobbying activities and those of its trade associations, reporting that no misalignments have been identified. This indicates a robust governance framework that encompasses direct and indirect lobbying activities, with transparent monitoring mechanisms and accountability structures in place. View Sources	A

Overall Assessment

Analysis

Score

Comprehensive

PTT Global Chemical PCL demonstrates a comprehensive governance process for climate lobbying, with clear mechanisms for oversight, monitoring, and alignment with climate goals. The company explicitly states that its Corporate Governance and Sustainability Committee (CGS) "monitors and oversees progress against goals and targets for addressing climate-related issues" and is "accountable for reviewing and implementing the management system for climate change-related lobbying activities and trade association memberships." Additionally, the Sustainability Development Committee (SDC) is tasked with ensuring that "all climate change lobbying policies and practices that GC engages in must also reflect GC’s overall visions and net zero ambition," with progress reported to the CGS for further review and recommendations. GC conducts a "quarterly monitoring and review process to assess whether public policy engagements and lobbying are aligned with the Paris Agreement for all direct lobbying activities and trade associations we are involved in," ensuring alignment with Thailand’s NDC and the Paris Agreement. The company also has a "clear framework for addressing misalignments" with trade associations, stating that discrepancies are addressed through "extensive discussions and engagements with involved parties" and that it may "distance the company from the misalignment if necessary." Furthermore, GC publishes a "detailed annual review covering the company’s assessment and actions related to the 1.5⁰C-alignment" of its own lobbying activities and those of its trade associations, reporting that no misalignments have been identified. This indicates a robust governance framework that encompasses direct and indirect lobbying activities, with transparent monitoring mechanisms and accountability structures in place.

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Lobbying Transparency

Overall Assessment	Analysis	Score
Comprehensive	PTT Global Chemical PCL provides extensive, specific information about every dimension of its climate-policy lobbying. It names multiple concrete policy instruments it works on, including the Thailand Voluntary Emission Trading Scheme (Thailand V-ETS), the Thailand Voluntary Emission Reduction Program (T-VER), and the Water Resource Act 2018, and links its engagement to Thailand’s Nationally Determined Contributions under the Paris Agreement. The company also sets out the channels it uses to influence these measures: it sits on the Climate Change steering committee of the Federation of Thai Industries, has a representative on the Joint Standing Committee on Commerce, Industry and Banking, collaborates directly with government ministries such as the Ministries of Foreign Affairs and Finance, responds to consultations and supplies greenhouse-gas data to the Thailand Greenhouse Gas Management Organization, and drafted a “White paper – carbon pricing,” clearly identifying both the mechanisms and the governmental or industry bodies targeted. Finally, PTT Global Chemical spells out the results it is seeking, for example to “encourage private and public sector to reduce domestic GHG emissions,” promote economy-wide carbon pricing, establish an ISO-based MRV system, and steer Thailand toward a net-zero, low-carbon economy that keeps warming within 1.5 °C. Taken together, these disclosures demonstrate a high level of transparency regarding the company’s climate lobbying activities.	A