PTT Oil and Retail Business Public Company Limited (OR) is forging a new path for sustainability in Thailand’s oil and retail sector, aiming to achieve carbon neutrality by 2030 and net-zero greenhouse gas emissions by 2050. This bold initiative underscores OR’s dedication to not only quality and reliability but also to fostering a cleaner, more sustainable society. The company’s ambitious goals are designed to balance the needs of business, the environment, and the community, both in Thailand and globally, while setting an example of sustainable growth on the world stage.
At the core of OR’s sustainability drive is its comprehensive OR SDG strategy, built upon three foundational pillars: Small (creating opportunities for communities), Diversified (creating opportunities for diversified growth), and Green (creating sustainable opportunities). These guiding principles shape OR’s mission to integrate sustainability into every aspect of its operations, ensuring a responsible corporate presence in the evolving global landscape.
OR’s commitment to sustainability is visible in its range of innovative initiatives, particularly within its PTT Station network. The company is focused on continuously improving its product and service quality to provide consumers with an optimal experience. OR leads in the development of premium fuels, such as high-performance, engine-protecting options and Euro 5 diesel, which has less than 10 parts per million sulphur content to minimise environmental impact. Additionally, OR is expanding its PTT Station network across Thailand, the Philippines, Cambodia, and Laos, to support both conventional and electric vehicles. The use of geo-analytics ensures that the new stations are strategically located. In 2023, the PTT Station Flagship Vibhavadhi 62 was launched, embodying OR’s vision of sustainable development, with more than 2,200 stations now serving over 3.4 million patrons daily.
Café Amazon, a renowned name under OR’s umbrella, is setting new standards in sustainable practices by adopting a circular economy model. The coffee chain upcycles waste materials, such as coffee husks, into functional furniture. Moreover, across its entire value chain, the OR Ecosystem ensures that sustainability is prioritised, from the use of BIO Cup R-PET materials to uniforms made from upcycled fabrics. These efforts highlight how businesses can effectively integrate environmental responsibility into their operations.
As Thailand transitions towards electric vehicles (EVs), OR is at the forefront with its EV Station PluZ initiative, aimed at installing 7,000 EV charging stations across all 77 provinces by 2030. Currently, OR has installed over 800 charging stations in Thailand, along with 6 stations in Laos and 11 in Cambodia. This initiative is a key part of OR’s strategy to reduce carbon emissions and support the growing demand for clean energy solutions in the region.
OR is also making strides in cleaner aviation by collaborating with Thai VietJet to pioneer the use of Sustainable Aviation Fuel (SAF), produced from used cooking oil. This innovative fuel can be blended with traditional Jet A-1 fuel and used in aircraft without requiring engine modifications, helping to significantly reduce the aviation industry’s carbon footprint.
On the community front, OR is driving several projects that support local development. The Thaidet Project is one such initiative, designed to promote local products from community enterprises and SMEs. These products are sold at PTT Stations across Thailand, providing a platform for local businesses to reach a wider consumer base. Over the past five years, Thaidet has contributed to the growth of 376 community enterprises, generating over 102 million baht in income in 2023 alone.
In a further demonstration of its commitment to community-driven sustainability, OR has launched the Yak Lak Yim Project, which encourages consumers to separate their waste and dispose of it responsibly. Proceeds from the sale of recyclable materials are reinvested into local communities, fostering a positive cycle of environmental and community benefits.
OR has also partnered with PTT Lubricants for the “Save the World, Save Your Car” campaign, which encourages consumers to recycle used oil containers. These containers are transformed into Wood Plastic Composite materials, used to produce desks and chairs for schools in underprivileged areas. This initiative not only promotes recycling but also supports education and community development.
As OR continues to lead the way in business innovation, environmental stewardship, and community growth, the company remains steadfast in its vision for a sustainable future.