Message from the Chairperson
On behalf of the Board of Directors, executive management, and employees of SPCG, we would like to express our gratitude to all shareholders, stakeholders, and everyone involved in the company’s operations for their trust, valuable feedback, and continuous support. We pledge to remain dedicated to fulfilling our mission to generate growth and returns for shareholders and stakeholders in a fair and sustainable manner, adhering to business principles based on good governance, social and environmental responsibility, and anti-corruption practices in all forms to ensure the organization’s stable and sustainable growth.


(Dr. Wandee Khunchornyakong Juljarern)
Chairperson and Chief Executive Officer

In the past year of 2024, the Board of Directors, executive management, and employees of SPCG Public Company Limited (“SPCG”) remained committed to carrying out their duties with the utmost dedication in areas such as business performance management, profit generation, organizational management, and investment opportunities to continuously and sustainably grow the business, despite the changing global and Thai economic situations. SPCG closely monitored these changes to prepare for every scenario, including significant climate changes and rapid advancements in technology innovations. The company adapted by revising its business strategy, human resources, organizational culture, and operational procedures to enhance the organization’s potential and readiness for the digital era, facing challenges in adapting to changes and developing SPCG’s capabilities.

In addition to fostering growth in performance, the company also prioritized sustainable business practices, considering environmental, social, and economic aspects, adhering to the principles of good corporate governance, with transparency and accountability. SPCG also ensures that its subsidiaries operate in line with these governance principles, taking responsibility towards all stakeholders, focusing on environmental and social care, and supporting anti-corruption initiatives and promoting equality.

As a pioneer in developing solar energy power generation, SPCG plays a key role in clean energy, which is environmentally friendly and a vital alternative energy source for strengthening energy security, with zero operational costs. Solar energy can contribute to long-term economic growth and sustainability by reducing carbon dioxide emissions, a significant cause of global warming. The growing demand for solar energy, coupled with the crisis of high electricity prices, has led to substantial investments, creating jobs, and fostering national economic and social growth. This also helps the global community transition towards becoming a low-carbon society within the ASEAN region.

In the past year, SPCG assessed the organization's carbon footprint, which measures the amount of greenhouse gases emitted from its activities. The company recorded a total greenhouse gas emission of 919 tons of CO2 equivalent (tCO2eq), based on a verified assessment. Of this total, 152 tCO2eq came from the headquarters, and 767 tCO2eq came from solar farms. With our total capacity of 260 megawatts of solar farms, allows the Company's to reduce carbon dioxide emissions by more than 200,000 tons CO2 annually.

SPCG is committed to reducing its greenhouse gas emissions to zero through various measures, including energy conservation and smart energy management systems. The company has used the results of this assessment to develop a strategic plan aimed at achieving carbon neutrality and establishing tangible social and environmental development goals. This aligns with SPCG’s role in supporting Thailand and the global community’s efforts to reduce greenhouse gas emissions and move towards carbon neutrality in the future.

Furthermore, SPCG has declared its intention to promote the reduction of greenhouse gas emissions in the country, committing to achieve carbon neutrality by 2030. The company has signed an agreement for the purchase and sale of Renewable Energy Certificates (RECs) with INNOPOWER Company Limited, a subsidiary of the Electricity Generating Authority of Thailand (EGAT). This includes registering 36 solar farms with a total capacity of 260 megawatts into the REC trading business. In 2024, SPCG sold a total of 30,540 RECs, equivalent to 15,270 tons of CO2 emissions.

On behalf of the Board of Directors, executive management, and employees of SPCG, we would like to express our gratitude to all shareholders, stakeholders, and everyone involved in the company’s operations for their trust, valuable feedback, and continuous support. We pledge to remain dedicated to fulfilling our mission to generate growth and returns for shareholders and stakeholders in a fair and sustainable manner, adhering to business principles based on good governance, social and environmental responsibility, and anti-corruption practices in all forms to ensure the organization’s stable and sustainable growth.


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