Banpu PCL 2024 AR2
The report outlines Banpu Public Company Limited's performance and strategic transition in 2024 under its new 'Energy Symphonics' strategy, which aims to address the energy trilemma of security, equity, and sustainability. Key highlights of the year include the successful listing of its US gas-to-power subsidiary, BKV Corporation, on the New York Stock Exchange, and the launch of two new battery assembly plants in Thailand to support the regional electric vehicle market. Environmentally, the company committed to achieving net-zero greenhouse gas emissions by 2050 and expanded its carbon capture, utilization, and storage (CCUS) operations in the US. Despite market challenges and a net loss of USD 24 million due to lower energy prices and foreign exchange fluctuations, Banpu continued to expand its renewable energy portfolio across the Asia-Pacific region.
Company: Banpu PCL
Sector: Energy
Country: Thailand
Year: 2024
Type: AR2
Pages: 172
Banpu PCL
Annual Report
The report outlines Banpu Public Company Limited's performance and strategic transition in 2024 under its new 'Energy Symphonics' strategy, which aims to address the energy trilemma of security, equity, and sustainability. Key highlights of the year include the successful listing of its US gas-to-power subsidiary, BKV Corporation, on the New York Stock Exchange, and the launch of two new battery assembly plants in Thailand to support the regional electric vehicle market. Environmentally, the company committed to achieving net-zero greenhouse gas emissions by 2050 and expanded its carbon capture, utilization, and storage (CCUS) operations in the US. Despite market challenges and a net loss of USD 24 million due to lower energy prices and foreign exchange fluctuations, Banpu continued to expand its renewable energy portfolio across the Asia-Pacific region.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Workplace Fatalities
Net Zero Target
Employees