Global Power Synergy PCL

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Comprehensive Global Power Synergy PCL (GPSC) has demonstrated a comprehensive level of transparency in disclosing its climate lobbying activities. The company has clearly identified specific climate policies it has engaged with, such as the "draft of the Climate Change Act enforcing Carbon Tax and Emissions Trading Scheme (ETS)," the "Thailand Nationally Determined Contribution (NDC)," and the "Thailand Power Development Plan (PDP) and Alternative Energy Development Plan (AEDP)." These disclosures provide identifiable details about the policies and frameworks GPSC is engaging with, including their alignment with Thailand's carbon neutrality and net-zero emissions targets. GPSC has also provided detailed information about its lobbying mechanisms and targets, including direct engagement with government agencies like the "Thailand Greenhouse Gas Management Organization (TGO)" and the "Office of Natural Resources and Environmental Policy and Planning (ONEP)" through quarterly meetings. The company also participates in networks such as the "Thailand Carbon Neutral Network (TCNN)" and the "Carbon Market Club," and engages in activities like presenting information to government agencies and participating in assessments like the Low Carbon and Sustainable Business Indexes (LCSi). Furthermore, GPSC has been transparent about the specific outcomes it seeks through its lobbying efforts, such as supporting Thailand's NDC targets, increasing renewable energy to at least 50% of total power generation, and advocating for policies that align with the Power Development Plan (PDP) and Alternative Energy Development Plan (AEDP). The company also aims to drive Thailand's industries toward 100% renewable energy implementation, promote Green Energy and Green Carbon policies, and encourage carbon credit and energy trading. These clearly stated goals and mechanisms illustrate GPSC's comprehensive approach to disclosing its climate lobbying efforts and objectives. 4
Lobbying Governance
Overall Assessment Comment Score
Comprehensive GPSC demonstrates a comprehensive governance process for climate lobbying alignment, both direct and indirect, through trade associations. The company has established a "dedicated governance structure of climate change and management system" that includes clear roles and responsibilities for executives, such as the CEO, EVP of Corporate Strategy, and staff members from the Sustainability and Climate Change Policy division. For example, the CEO is tasked with "engaging and supporting the direction of trade associations" and "raising relative agendas to trade associations," while the EVP provides "external sharing on climate-related progress and practice" and participates in meetings as a council or committee member. Staff members are responsible for "regularly engaging with external stakeholders and trade associations" and "monitoring and tracking progress and status of both internal and external climate-related programs." GPSC has also disclosed a robust management system and process for trade association assessment, including "reviewing, monitoring, and framework for addressing misalignments." The company reviews trade associations and climate-related lobbying activities to ensure alignment with its policies, interests, and targets, stating that "GPSC reviews the trade associations, the climate-related lobbying activities, and commitments in line with the policies, interests, targets, positions, and implementation plans of GPSC." Monitoring is conducted on a "monthly basis" to ensure alignment, and results are reported to the governance structure on climate change. In cases of misalignment, GPSC has a clear framework to "decide whether GPSC has to distance the company from the misalignment, engage to negotiate direction, or leave the trade association." Additionally, GPSC has disclosed its engagement in climate-related lobbying through trade associations such as the Thailand Carbon Neutral Network (TCNN), RE100, and Thailand Business Council for Sustainable Development (TBCSD). The company actively supports climate policies, such as "advocating the policy engagement of renewable energy and enacting policy measures to establish a competitive market for the renewable energy business" and "sharing practices on climate change actions" through these associations. GPSC's contributions are aligned with its internal climate change policy and the Paris Agreement goals, ensuring consistency in implementation and outcomes. This level of detail, including the publication of governance structures, monitoring mechanisms, and alignment processes, indicates a strong and transparent approach to climate lobbying governance. 4