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Assessing the Status of Sustainability Report of Petrochemical and Energy Sectors in Thailand

Author

Listed:
  • Chavatip Chindavijak

    (Kasetsart University, Thailand)

  • Kongkiti Phusavat

    (Kasetsart University, Thailand)

  • Pekka Kess

    (University of Oulu, Finland)

Abstract

The purpose of this preliminary research paper is to identify the initial status of ‘what’ manufacturing disclosure the sustainability performance. It aims to evaluate the comprehensive of sustainability information to be disclosed at plant level and the capability of the manufacturing to report sustainability indicators according to Global Reporting Initiatives (GRI) which are the important part for being accepted sustainability manufacturing in the world. The analysis based on CSR-DIW (Corporate Social Responsibility of Department of Industrial Work) report and registered SD (Sustainable Development) report with GRI of petrochemical, & energy in Thailand during 2012-2013. There are 41 manufacturing that participated in this research. The qualitative and quantitative content analysis would be applied. The research will consider of what manufacturing are able to disclosure the sustainability reporting by assessing against all 84 performance indicators comparing with GRI indicators (G 3.1) at section 5 and definitions. As a result, the manufactures are only able to fully disclosure the sustainability indicators less than half of total indicators mentioned in GRI criteria. Most of disclosed indicator are partial report., we found that the average number of sustainability indicator which manufacturing are able to fully disclosure are 3.9 economic indicators, 10.4 environmental indicators, and 27.9 social indicators which mean only 42.2 indicators from 84 total indicators which are approximate 50% of total indicator against GRI 3.1 criteria. We can initial conclude that Thai single manufacturing are far behind to implement, measure, record, and report the sustainability indicators set up by GRI. The data and mechanism to produce the data is very crucial in order to successful disclosure sustainability report.

Suggested Citation

  • Chavatip Chindavijak & Kongkiti Phusavat & Pekka Kess, 2015. "Assessing the Status of Sustainability Report of Petrochemical and Energy Sectors in Thailand," Managing Intellectual Capital and Innovation for Sustainable and Inclusive Society: Managing Intellectual Capital and Innovation; Proceedings of the MakeLearn and TIIM Joint International Conference 2,, ToKnowPress.
    • Handle: RePEc:tkp:mklp15:1961-1970
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