132 O N E R E P O R T 2 0 2 2 OVERVIEW BUSINESS OVERVIEW AND PERFORMANCE CORPORATE GOVERNANCE FINANCIAL INFORMATION SUSTAINABLE BUSINESS DEVELOPMENT Scope 1 Emissions Thai AirAsia’s disclosure of Scope 1 emissions does not include ground operations. Fuel usage for flight operations is calculated using the CORSIA Block-On, Block-Off methodology. The Company evaluates GHG emissions in accordance with Thailand Greenhouse Gas Management Organization standards and calculates emissions by referencing the ICAO standard Emission Factor. In the future, Thai AirAsia plans to upgrade its transport vehicles and parking devices to electrical operation to further reduce carbon emissions. The Company is studying the feasibility of this aspiration and consulting with future stakeholders. GHG Emission Data Scope 2 Emissions Thai AirAsia’s Scope 2 disclosures cover emissions associated with energy consumption of main base facilities (Don Mueang) (Other hubs and stations are not included.) Thai AirAsia evaluates and estimates greenhouse gas emission in accordance with Thailand Greenhouse Gas Management Organisation (TGO) standards. Scope 3 Emissions Thai AirAsia’s Scope 3 partially disclosures Scope 3 emissions for the following categories: Scope 3 - Category 3 Fuel and energy not included in Scope 1 and 2 Scope 3 - Category 6 Category 6 Indirect carbon emissions from business travel and the business travel of employees and executives in relation to company affairs Thai AirAsia has started monitoring and tracking its Scope 3 emissions. At present, Scope 3 emissions comprise of our upstream jet fuel production from fuel suppliers and employee business travel. In 2022, Scope 3 emissions was 143,190.8 tonnes of CO2. The Company expects to include additional categories as highlighted in the GHG Protocol in the future. Future Plans Looking to the future, Thai AirAsia plans to continue seeking out new innovations and operational methods to reduce fuel consumption and maintain its carbon Scope Emission Type Indicator Source Scope 1 Direct emission Fuel usage Flight operations Scope 2 Indirect emission Electricity usage (Offices) Electricity purchases Scope 3 Other indirect emission that does not cover scope 1 and 2 Fuel usage Fuel and energy not included in Scope 1 and 2 Business travel Scope 1 from Flight Operations 2020 2021 2022 Fuel usage (tons) 220,125 64,205 209,741 GHG emissions (Tons of CO2) 695,595 202,889 662,780 Scope 2 2020 2021 2022 Electricity usage (Kilowatt Hours) 2,042,789 1,858,859 1,558,989 GHG emissions (Tonnes of CO2) 1,519.84 929.20 671.92 emissions under the baseline of 85 percent of 2019 rates in accordance with CORSIA requirements while also pursuing a Carbon Intensity Ratio of 3 gCO2/RPK/year. Alignment with the Task Force on Climate-related Financial Disclosures (TCFD) Thai AirAsia continues to strengthen our climate strategy as we recognise the exponential intensification of climate change and its impacts on the environment and society. In 2022, the Group became an official supporter of the TCFD. This milestone marks the Group’s and Thai AirAsia’s commitment in identifying and managing our climate-related risks in line with the recommendations from the TCFD. Through this alignment, we can determine the potential financial impacts of climate change to our business and identify the strategies to mitigate the impacts. Please refer to the Capital A’s Sustainability Report 2022 for more information.
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