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The Company prioritizes conducting its business in accordance with corporate governance principles under good governance, appropriate risk management, and the integration of sustainability issues covering Environmental, Social, Governance, and Economic (ESG) factors into its operations. Since 2022, the Company has announced a framework and policy for sustainable development to be implemented by all departments, ensuring concrete and consistent practices. A sustainable development management structure has been established to drive and communicate sustainability goals to the board, management, and employees, delivering long-term value to all stakeholders.
In addition, the company is committed to contributing to the achievement of the United Nations Sustainable Development Goals (SDGs) and aligning with climate change targets at both the national and international levels, including the Paris Agreement. The company also continues to develop its sustainability disclosure in accordance with international standards.
Goal: Safeguarding the environment and engagement in climate change impact management
Commitment: To reduce greenhouse gas emissions and reduce environmental footprint within our operations and value chain.
Environmental Aspect comprise main policy as follows:
Decarbonization Strategy and Sustainable Resource Management
In order to actively support the global community's efforts to transition towards a net-zero greenhouse gas emission and to contribute to mitigating environmental impacts from climate change, the Company is committed to achieving net-zero greenhouse gas emissions. This involves setting targets for greenhouse gas emissions within scopes 1, 2, and 3 in accordance with international standards. The Company will develop plans to reduce greenhouse gas emissions resulting from its operations within Scopes 1 and 2 (our operation). This includes reducing the use of fossil fuels and refrigerants, decreasing electricity consumption from external sources by increasing the proportion of energy from solar cells, and reducing other indirect greenhouse gas emissions within Scope 3 (Other Indirect). This encompasses managing greenhouse gas emissions in the Company's portfolio at the portfolio-level through responsible investments and promoting companies investing in climate change and waste management based on circular economy principles.
Moreover, the Company places importance on instilling awareness and knowledge about greenhouse gas management, Conservation of Biodiversity and Sustainable Management of Resources, among its management and employees continuously. This is to ensure that the Company's business operations have a positive impact on the environment and align with the goals of Thailand and at the international level, including the Paris Agreement, as well as the development of climate-related disclosures in accordance with international standards.
This policy addresses the UN Sustainable Development Goals (SDGs):
