ESG Policy
ESG Policy
REpow’s mission is to accelerate Thailand’s transition toward a low-carbon, circular, and inclusive energy economy.
We integrate Environment, Social, and Governance (ESG) principles into every stage of project development — from feedstock sourcing to energy generation, from farmer engagement to carbon accounting.
Our vision is to create a replicable model of “Renewable Energy as a Service with Shared Value”, where each megawatt produced also strengthens rural livelihoods, reduces emissions, and supports Thailand’s commitment to Net-Zero by 2065 and the Bio-Circular-Green (BCG) Economy Model.
Our mission focuses on:
Decarbonization: Replacing fossil-based electricity, heat, and fuels with renewable biomass, biogas, and biomethane systems.
Circularity: Closing the loop between agriculture, energy, and soil health through nutrient and carbon recycling.
Inclusion: Empowering farmers and local communities through contracted farming, concessional finance, and long-term value sharing.
Transparency: Upholding global ESG reporting standards for investors, regulators, and communities alike.
REpow aligns all projects with IFC Performance Standards, UN SDGs (7, 9, 12, 13), and EU Taxonomy for Sustainable Activities, ensuring every investment delivers measurable climate and social value.
Our environmental strategy is built on science-based, measurable performance indicators covering greenhouse gas reduction, air quality improvement, and natural-resource optimization.
Each 10 MWe Biomass Power Plant avoids approximately 80,000 tCO₂e/year through substitution of fossil fuels and prevention of open-field burning of rice straw and sugarcane leaves.
Each 1 MWe Biogas Plant avoids 25,000 tCO₂e/year by capturing methane from organic residues and livestock manure.
Across our development pipeline, REpoweri contributes to measurable PM₂.₅ reduction and improved rural air quality, directly addressing Thailand’s critical seasonal haze challenge.
Zero Waste Operations: Ash and digestate are repurposed into organic compost or biochar for soil restoration.
Water Reuse: Condensate and treated effluent from biogas plants are recycled for irrigation and feedstock processing.
Land Optimization: Energy crops such as Eucalyptus, Acacia, and Napier Grass are cultivated on degraded or underutilized lands, avoiding competition with food crops.
REpow promotes agroforestry practices and soil carbon sequestration through regenerative planting and reduced tillage.
Partnerships with local agricultural offices ensure compliance with land-use and watershed protection regulations.
All environmental performance metrics are monitored, reported, and verified under recognized methodologies — including T-VER, Verra VCS, and Gold Standard — forming a strong foundation for carbon credit generation and impact reporting.
REpow projects are designed as community-driven renewable-energy ecosystems — ensuring that economic and social benefits flow directly to rural areas and smallholders.
Over 80 % of feedstock is sourced through contracted farmers and community enterprises within a 50–70 km radius.
Farmers gain stable long-term income, technical training, and access to concessional loans through GSB or BAAC for machinery and logistics.
The feedstock model reduces open burning, creates rural employment, and empowers local cooperatives as energy partners.
Each 10 MWe plant generates 150–200 direct jobs and 300–400 indirect jobs in logistics, maintenance, and agricultural services.
REpow reinvests part of carbon revenue into community development funds, supporting education, healthcare, and local infrastructure.
Training and micro-finance initiatives prioritize female farmers and young agricultural entrepreneurs, promoting equality and generational renewal in rural economies.
Regular consultation with municipalities, agricultural offices, and community leaders ensures free, prior, and informed participation (FPIC).
Social performance indicators — income growth, employment, and satisfaction — are monitored annually through ESG dashboards and independent audits.
REpow upholds strong corporate governance and transparent reporting, ensuring accountability at both project and portfolio levels.
Each project operates under an independent Special Purpose Vehicle (SPV) with its own Board of Directors and independent auditor.
Key decisions — budgeting, procurement, ESG targets, and dividend declarations — require super-majority approval, ensuring balanced investor oversight.
The Thai Promoter (RePoweri) acts as the long-term operator under transparent EPC and O&M frameworks.
Financial reporting follows IFRS standards.
ESG performance and carbon data are measured under IFC Performance Standards and verified by accredited third parties.
All stakeholder relationships — including feedstock contracts and farmer financing — are governed by written agreements, ensuring traceability and fair conduct.
Strict compliance with Thai and international anti-bribery laws (e.g., UK Bribery Act, US FCPA).
Annual staff and partner ethics training programs.
Whistleblower mechanisms and independent grievance redress channels available for all stakeholders.
Quarterly reporting on financial, operational, and ESG indicators.
Public disclosure of key environmental and social metrics on the company website.
All carbon credit issuance and REC trading traceable through third-party registries.
REpow’s ESG Policy ensures that every dollar invested creates measurable impact:
Environmental: carbon reduction, air-quality improvement, and soil restoration.
Social: community inclusion, rural income generation, and equitable participation.
Governance: transparency, accountability, and DFI-standard compliance.
This comprehensive ESG framework transforms renewable projects into climate-resilient infrastructure with verifiable social value, aligning perfectly with the mandates of DFI and institutional impact investors.