Climate Change Data

Sea Oil Public Company Limited

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Governance
  • Social
  • Environmental

Environmental Achievements

  • Developed a systematic elimination process for oil sample and packaged bottles disposal, with plastic bottles recycled in accordance with industry standards.
  • Implemented energy and resource conservation activities, including campaigns to promote cost-effective energy use, paper reduction, and electronic document storage.
  • Installed a solar rooftop power plant to reduce energy consumption and heat.

Social Achievements

  • Achieved zero work-related accidents in 2020.
  • Implemented COVID-19 prevention measures, including face scanning registration, alcohol dispensers, and coronavirus testing for all employees.
  • Provided employee benefits such as social security, workmen’s compensation, provident funds, scholarships, and health insurance.
  • Acquired 2 Catering & Supply Management projects, creating at least 100 skilled jobs in local areas.
  • Supported community initiatives such as donating to schools, installing CCTV in a village, donating to the Red Cross and hospitals, and supporting mangrove restoration.

Governance Achievements

  • Revised policies and regulations to comply with laws, social, and environmental conditions.
  • Improved corporate governance policy, Code of Conduct Policy, and Anti-Corruption Policy.
  • Established channels for stakeholders to provide opinions, suggestions, and complaints.
  • Implemented measures to prevent corruption, including reviewing the procurement system and imposing penalties for violations.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Compliance risk impacted by changes in domestic and foreign laws and regulations.
  • Investment risk for securities holders due to the major shareholder holding more than half of the total shares.
Mitigation Strategies
  • Risk management measures, including monitoring laws and regulations, developing suitable strategies, implementing a good corporate governance policy, and establishing a legal database.
  • Clearly defined scope of authority for the Board of Directors, Audit Committees, and Executive Committees.
  • Strict adherence to approval processes for transactions that may cause conflicts of interest.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Selection of standard suppliers, environmentally friendly products, and high-quality oil removers.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • 3.8, 4.4, 4.7, 5.1, 5.5, 8.5, 8.8, 10.2, 12.2, 12.4, 13.3, 16.5, 16.6

The report maps several initiatives to specific UN Sustainable Development Goals.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Best Practice Award for Quality Management, Business Management, Logistics Services from Department of Business Development, Ministry of Commerce.