Operator
For today’s meeting, for the first session, please enjoy knowledge management, and then we’ll have a 15-minute break and then coming back to the second session, the announcement of the performance of the first 9 months and the third quarter. And then we will have a Q&A session.
Now please enjoy the knowledge management. We have Rathakorn Kampanathsanyakorn, the SEVP, Corporate Sustainability.
Rathakorn Kampanathsanyakorn
Senior Executive Vice President of Corporate Sustainability
Good morning, everyone. Good morning, everyone, and all the management. Today, I’m quite honored to tell you about the pathway of the decarbonization of PTT and PTT Group. Now to the overview, we see the high temperature. It’s about — almost 1.5 degrees Celsius above the pre-industrial levels.
And with this temperature level, we see the disaster here and there, flood, fire, wildfire, we see it is getting more intense and more frequent, and that’s because of climate change. 1.5 degrees C is today this year. And when it increased to 2, 3 or 4 degrees, it affects the sea level rise. At 3, that’s over 7 meters. It affects the food chain. The yield has declined for the rice and the wheat, and it’s more — if it’s more, then we would see food shortage.
We are also to the brink of plant and animal extinction. And these are the risks happening to the well-being of humanity. So each country has pledged their targets to be responsible to tackle the problem together.
So as the overview, the overall picture, if all the countries can do what they committed, temperature would not lower down at once.
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