Climate Change Data

Environmental Metrics

ESG Focus Areas

• Safety and Environment
• Good Corporate Governance
• Equality, Human Rights and Social Responsibility
• Business Growth

Environmental Achievements

• Reduced CO2 emissions (specific figures not provided, but context suggests efforts towards reduction)
• Improved water management (data provided but interpretation needed for quantification)
• Improved waste management (data provided but interpretation needed for quantification)
• Implemented an Environmental Management System (EMS) compliant with ISO14001, ISO 9001, TIS 18001

Social Achievements

• Annual medical examination for staff
• Fire drill exercise
• Scholarship fund grants
• Donation of spraying boxes
• Various campaigns on COVID-19 prevention, influenza prevention, and alcohol consumption during Buddhist Lent
• National Mother’s Day activities
• Participation in TO BE NUMBER ONE club’s activities

Governance Achievements

• Established Anti-Corruption Policy
• Joined Thailand’s Private Sector Collective Action Coalition Against Corruption (CAC)
• Improved Corporate Governance scores (84/100 from IOD and 93/100 from TIA)

Climate Goals & Targets

Environmental Challenges

• Reduced domestic demand due to the prolonged pandemic
• Increased raw material prices (MMA increased by 37% compared to 2020)
• Runaway increases in shipping costs
• Weakened Thai Baht
• Price competition in local and regional markets

Mitigation Strategies

• Refreshed business strategy focusing on post-pandemic recovery and sustainability
• Measures to limit production costs and unnecessary expenses
• Focus on product quality & development, improvement in service level, and brand awareness
• Currency hedging
• New marketing strategies and adjusted product portfolios
• Increased efficiency in production process and cost competitiveness in raw materials’ selection

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Assessment of suppliers to ensure they conform to good ESG practices and have sustainability policies that align with those of the Company

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs)

Certifications: ISO 14001, ISO 9001, TIS 18001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 3 (Good Health and Well-being)
• Goal 4 (Quality Education)
• Goal 6 (Clean Water and Sanitation)
• Goal 7 (Affordable and Clean Energy)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)
• Goal 16 (Peace, Justice and Strong Institutions)

The report details how various initiatives contribute to these SDGs.

Sustainable Products & Innovation

• Aerosol Box
• ComPlas sheet (three-layer sheet consisting of ABS plastic layer, acrylic coated upper layer and color layer)
• Anti-static and conductive PP and HIPS products

Awards & Recognition

• Certificate from Thailand Private Sector Collective Action Coalition Against Corruption (CAC)

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced CO2 emission
• Installed PV Solar roofing
• Reuse & recycle of materials

Social Achievements

• Engaging community
• Scholarship programs
• Diversity initiatives

Governance Achievements

• Updated Anti-Corruption Policy
• Strengthened governance and internal control processes
• Sustainability KPI’s, ISO & Industry standard compliance

Climate Goals & Targets

Environmental Challenges

• Global economic pressures (war in Ukraine, high energy costs, reduced consumer confidence)
• Reduced consumer demand in developed markets
• Slow recovery of domestic and regional economies
• Loss of Managing Director
• Competition from China
• COVID-19 pandemic impact

Mitigation Strategies

• Short-term cost reduction and efficiency programs
• Tight controls on working capital
• Recruiting a new Managing Director
• Renewing and growing export customer base
• Business recovery plans focusing on market share, export growth, cost management, digital transformation, and new product development
• Focus on anti-corruption and good governance
• Implementation of Environmental projects, Social and CSR activities, and Good Governance through management auditing processes

Supply Chain Management

Responsible Procurement

• Assessment of suppliers to ensure conformity to good ESG practices and alignment with Company’s sustainability policies

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 14001, ISO 9001, TIS 18001

Certifications: ISO 14001, ISO 9001, TIS 18001

UN Sustainable Development Goals

• Goal 3 (Good Health and Well-being)
• Goal 6 (Clean Water and Sanitation)
• Goal 7 (Affordable and Clean Energy)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

Various initiatives related to environmental protection, employee well-being, community engagement, and sustainable practices.

Sustainable Products & Innovation

• Heat Block (80% heat reduction)
• UV Block (99% UV light blocking)

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced water consumption by 14.51% compared to 2022.
• Reduced total energy consumption by 12.38% compared to 2022.
• Reduced biomass consumption by 6.69% compared to 2022.
• Reduced GHG emissions by 12.50% compared to 2022.
• Maintained waste volume at 0.01 Te/Production Volume.

Social Achievements

• Zero accidents causing work stoppage (1,349,476.91 hours worked).
• Zero human rights complaints/petitions.
• Zero corruption complaints/petitions.
• Implemented 23 social responsibility projects.
• Average training hours per employee increased to 24.39 hours/person/year.

Governance Achievements

• Received recertification from CAC (Thailand’s Private Sector Coalition Against Corruption) until 30 September 2026.
• Updated Anti-Corruption Policy effective from 23rd February 2023.
• Implemented various initiatives to promote anti-corruption and good governance.

Climate Goals & Targets

Environmental Challenges

• Weak global demand affecting Southeast Asia's export-oriented economies.
• Price competition for TPA products, especially in domestic markets.
• Uncertainties in the external environment (geopolitical situations, trade tensions, China’s economic recovery, inflationary costs, logistical cost pressure).
• Slow economic recovery in Thailand.

Mitigation Strategies

• Renewal business strategy focused on driving productivity improvements, promoting new products/new markets, enhancing work processes, tight working capital control, and streamlining supply chain management.
• Comprehensive budget for 2024, building in new markets and products strategies for growth and export business expansion.
• Plans with various scenarios in place to mitigate risks from possible recession, China-USA factor, and geopolitical risks.
• Strategies to minimize negative impacts from supply chain interruption (cost increase, logistic interruption, quality inconsistency).

Supply Chain Management

Responsible Procurement

• ESG factors considered in selecting business partners.
• Standard process and tools to inspect raw material quality.

Climate-Related Risks & Opportunities

Physical Risks

• Climate change and natural disasters (droughts, floods).

Sustainable Products & Innovation

• Heat-resistant and/or ultraviolet-resistant acrylic sheets for roofing.

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Economic
• Good Corporate Governance

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• fair trade
• transparent partner selection
• integrity in operations
• anti-corruption

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Sustainable Development Goals (SDGs)

Certifications: ISO 14001