Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Launched employee training programs
• Overhauled organization and internal systems to improve efficiency and flexibility

Governance Achievements

• Established an Audit and Risk Management Committee with three independent directors
• Improved risk management and control systems

Climate Goals & Targets

Environmental Challenges

• Strong competition in the securities market due to mergers and acquisitions and impending commission fee liberalization
• Declining brokerage commissions

Mitigation Strategies

• Strategic partnership with Krung Thai Bank to jointly develop securities business (KTZMICO)
• Business restructuring to become a holding company
• Diversification into investment and private equity
• Expansion into cross-border business development (Vietnam)
• Expansion of Global Alliance Partners (GAP)

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Generally Accepted Accounting Principles of Thailand

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Best Asset Management Award from SET Award 2009

Environmental Metrics

ESG Focus Areas

• Social responsibility
• Good corporate governance

Social Achievements

• Supported Bann Sum-Haad School in Buri Ram province in constructing a new school building.
• Lent support to flood victims in Chai-nat province.

Governance Achievements

• Received an “Excellent Grade” rating for the AGM 2010 assessment by Securities and Exchange Commission (SEC).
• Received a “Very Good Grade” rating for Good Governance 2010 assessment by IOD.

Climate Goals & Targets

Environmental Challenges

• Strong competition in the securities brokerage business.
• Liberalization of the securities business and brokerage fees starting January 1, 2012.
• Market risk, interest rate risk, and foreign exchange risk related to changes in the economic situation and financial markets for the fund management company.
• Intensifying competition in the asset management business.

Mitigation Strategies

• Developed strategies for expanding transaction types and new investments to maintain competitiveness and stabilize income.
• Co-invested in BCEL-KT Securities Company Limited in Lao PDR.
• Expanded investment banking business to foreign countries.
• Expanded financial products by issuing Derivative Warrants.
• Plans to provide high net worth clients through Private Fund Management.
• Plans to expand full coverage of distribution management and provide new investment fund strategies.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• “Excellent and should be Example” rating for the AGM 2010 by the Thai Investors Association
• “Very Good” rating for Corporate Governance 2010 by the Thai Institute of Director (IOD)

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility (CSR)

Social Achievements

• Provided initial funding support, temporary accommodation, and post-flood relief to 200 employees affected by the 2011 floods.
• Contributed to the “Thai Stock Market Flood Relief Fund”.
• Purchased 1,000 lifejackets for flood victims.
• Implemented a 3-year village development partnership project in Sum Had village, focusing on poverty alleviation, water resources, sanitation, education, and healthcare.
• Constructed a new school building (“KT ZMICO Pracha-Nusorn”) in Sum Had village.
• Awarded scholarships to 15 students.

Governance Achievements

• Achieved a “Very Good” rating for Corporate Governance in 2011 from the Thai Institute of Directors (IOD).

Climate Goals & Targets

Environmental Challenges

• Global economic turmoil and poor market conditions leading to delays in capital market deals.
• Widespread flooding in Thailand in the latter half of 2011 impacting businesses and employees.

Mitigation Strategies

• Provided initial funding support, temporary accommodation, and post-flood relief to employees affected by the floods.
• Contributed to flood relief funds and provided aid packages.
• Developed strategies for expanding transaction types and new investments to maintain competitiveness and stabilize income.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Flooding

Awards & Recognition

• Excellent rating for AGM 2011 from Thai Investors Association
• Very Good rating for Corporate Governance 2011 from Thai Institute of Directors (IOD)

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility (CSR)

Environmental Achievements

• Supported environmental friendly activities and natural resource preservation (qualitative)

Social Achievements

• Seamico-Sum Had Village Development Partnership (VDP) improving social, economic, environmental, health, and education aspects of Sum Had village.
• Sponsorship of IDEACUBES project promoting social responsibility.
• Participation in the "Cancer Care" charity fun run.

Governance Achievements

• Earned a "Very Good" rating for Corporate Governance 2012 from the Thai Institute of Director (IOD).

Climate Goals & Targets

Environmental Challenges

• Risk from subsidiaries (KT-ZMICO Securities and Solaris Asset Management) due to market risks, interest rate risks, foreign exchange risks, and competition.
• Intensifying competition under government financial liberalization policy.

Mitigation Strategies

• Expanding investment banking business to foreign countries.
• Cooperation with KTB to expand customer base and generate income.
• Expansion of financial products (Derivatives Warrants, Private Fund Management).
• Expanding full coverage of distribution management locally and internationally.
• Providing new investment fund strategies.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• 'Excellent' rating for AGM 2012 from the Thai Investors Association
• 'Very Good' rating for Corporate Governance 2012 from the Thai Institute of Director (IOD)

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility
• Corporate Governance

Environmental Achievements

• Encouraged environmental friendly practices such as paperless technologies and recycling.

Social Achievements

• Supporting the anti-corruption organization, providing financial support for the education and health of the underprivileged, and promoting meditation and well-being.
• Granted funds to Phradabos Foundation and CCF (Community Children Foundation).

Governance Achievements

• Won an “Excellent” rating for the AGM 2016 assessed by the Thai Investors Association.
• Earned a “Very Good” rating for the Corporate Governance 2016 assessed by the Thai Institute of Director (IOD).

Climate Goals & Targets

Environmental Challenges

• Intense competition in asset management companies.
• Tougher regulations in the primary market leading to delayed IPOs.
• Some issuers defaulted on high-yield debt funds, impacting investor confidence.
• Difficult year to bid for distressed assets due to aggressive pricing by competitors.

Mitigation Strategies

• Exited a loss-making investment (Beacon Offshore Ltd.).
• Added a new investment in the beauty business (Scentimental Co., Ltd.).
• Exploring new types of fund management (Private Equity Trust, Algorithm Trade Fund).
• Keeping running costs low for distressed asset business and scaling up only when successful in accumulating assets.
• Actively exploring new investment opportunities in high-growth sectors (food and biotechnology).

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• “Excellent” rating for the AGM 2016 (Thai Investors Association)
• “Very Good” rating for Corporate Governance 2016 (Thai Institute of Directors)

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility

Social Achievements

• Granted funds to various organizations for scholarships, sanitary facilities in schools, and support for children and youth development.
• Supported economic development through business training and knowledge sharing.
• Donated to organizations supporting healthcare and disaster relief.
• Promoted employee wellbeing through education, physical activities, and sports.

Governance Achievements

• Received a “Very Good Grade” from the Thai IOD survey of good governance.
• Implemented several parts of the practice guidelines, such as allowing minority shareholders to forward suggestions before the AGM and faster dissemination of AGM’s resolutions.

Climate Goals & Targets

Environmental Challenges

• Unfavorable performances of flagship businesses KT ZMICO and SOLARIS due to sluggish retail trading volume, bad debt provision in receivables in EARTH shares, and impairment loss due to default payments from investment in high-yield debt securities.
• Intense competition from new brokerage firms.
• Impairment loss from one subsidiary company.

Mitigation Strategies

• Integrated Fintech innovations into wealth management, stock trading, and investment research.
• Developed the “eZySmart Application” focusing on E-service.
• Legal process to obtain remedy for default payments from investment in high-yield debt securities.
• Business restructuring and renovation of outlets for Absolute Yoga Co., Ltd.
• Diversification of risk to other potential businesses with long-term investment.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Outstanding Company Performance Award from SET
• Excellent rating for AGM 2017 from Thai Investors Association
• Very Good rating for Corporate Governance 2017 from Thai Institute of Director (IOD)

Environmental Metrics

ESG Focus Areas

• Education
• Economy & Business
• Medical
• Religion
• Employees
• Environment

Environmental Achievements

• Encouraged environmental friendly practices such as paperless technologies and recycling.
• Efforts to reduce electricity consumption and other associated environmental costs.

Social Achievements

• Granted funds to Ban Klongyong School, Nakhon Pathom province for occupational training.
• Supported kindergarten school building at Mor Taloar Village, Tak province.
• Supported Dream for Sharing Project: Uthai Thani School.
• Collaborated with Mechai Viravaidya Foundation on Partnership School project.
• Supported charity golf for Mechai Pattana School, Buriram province.
• Supported New Year Party and children’s day at Nonthaburi Special Education Center.
• Supported wheelchairs for Thai With Disability Foundation.
• Supported employees in donations for various benefits and donating to the underprivileged.
• Raised funds to help disaster victims from the Xe-Pian Dam incident at Lao PDR.
• Provided financial support for U-Nite Health Center, Umphang Hospital, Tak Province.
• Supported Danmakhamtia Hospital, Kanjanaburi Province with medical equipment.
• Supported Banphaeo International Eye Hospital, Samut Sakhon Province.
• Made merit in the Royal Kathin ceremony with Krung Thai Bank and the Anti-Money Laundering Office.
• Promoted physical activities and sports among employees.

Governance Achievements

• Received a “Very Good Grade” from the Thai IOD survey of good governance.
• Implemented several parts of the practice guidelines, such as allowing minority shareholders to forward suggestions before the AGM and faster dissemination of AGM’s resolutions.
• Instituted a policy on anti-corruption across the entire organization.
• Implemented policies regarding the Keeping of Confidential information and the prevention of the use of inside information.

Climate Goals & Targets

Environmental Challenges

• Volatile global economy impacting investment and securities business.
• Significant unrealized mark-to-market loss from one listed security.
• Lack of profit from the securities business of KT ZMICO Securities Co., Ltd.
• Highly competitive brokerage industry with low commission rates.
• Growth of automated and online trading and decrease in retail investors.
• Organizational restructuring and increase in post-employment benefits obligation at KT ZMICO.
• Continuing loss in fiscal year ended 2018.

Mitigation Strategies

• Expansion to digital assets business through SE Digital Co., Ltd.
• Restructuring of Innotech Asset Management Co., Ltd. with a new management team.
• Reshaped strategy on investment, strengthened monitoring of investment and associated company.
• Enhanced monitoring and control, internal audit, risk management and financial reporting of all Group companies.
• Thorough review of investments to protect from devaluation.
• Innotech Asset Management Company Limited is restructuring its operations, developing new strategies and seeking a new business partner in order to return to profit.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• “Excellent” rating for the AGM 2018 (Thai Investors Association).
• “Very Good” rating for Corporate Governance 2018 (Thai Institute of Directors).

Environmental Metrics

ESG Focus Areas

• Good Corporate Governance
• Anti-corruption
• Human Rights
• Community Development
• Environmental Conservation
• Financial Literacy

Environmental Achievements

• Promoted efficient resource use, waste reduction (recycling, paperless office), energy saving measures.

Social Achievements

• Launched "PLAY TO WIN" program to improve financial literacy among athletes.
• Provided 40 scholarships to students in need.
• Supported a safe food source project for a school.
• Supported 5 disabled individuals in starting businesses.
• Supported the C.C.F. Foundation for Children and Youth.

Governance Achievements

• Established anti-corruption policies and training since 2013, with regular audits and reporting to the board.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Implemented measures to reduce greenhouse gas emissions (details not quantified)
• Supported sustainable business financing
• Focused on investments in clean energy businesses to support the green economy

Social Achievements

• Launched "Because Sharing is Caring – The Unsilenced Truths" project to promote financial literacy among the hearing-impaired community (2nd year of the program)
• Continued "Play to Win" project from 2023 to provide financial literacy to boxers and related personnel

Governance Achievements

• Operated with transparency and fairness, considering the interests of stakeholders

Climate Goals & Targets

Environmental Challenges

• Slow economic recovery in Thailand with additional pressure from floods in several areas
• Volatility in capital and digital asset markets
• Increasing household debt

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Flooding

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed