JPP Holding Company Limited

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

Environmental Protection
Labor Relations
Corporate Social Responsibility
Ethical Corporate Management
Information Security

Environmental Achievements

In 2015, replaced all factory lights with energy-saving LED lights, receiving the Green Star Award from the Industrial Estate Authority of Thailand.
In October 2017, invested 28.5 million baht in a 1 MW solar energy system, saving 400,000 baht (100,000 kWh) per month.

Social Achievements

Various employee welfare measures including year-end bonuses, perfect attendance bonuses, new year bonuses, meal allowances, annual health checkups, and more.
Continuing education and training programs for employees.
Staff retirement scheme in accordance with labor pension regulations.
Anonymous suggestion system for employee communication.
Sponsored 129,318 baht to the Tzu Chi Merit Foundation in Thailand in March 2022 and 100,000 baht for the Red Cross Fund of Chula Hospital Foundation in November 2022.

Governance Achievements

Established an audit committee and a remuneration committee.
Implemented a corporate governance code and complied with relevant regulations on information disclosure.
Purchased Directors’ Liability Insurance for all directors.
Established an information security working team and appointed a corporate governance officer and chief information security officer.

Climate Goals & Targets

Long-term Goals:

Not disclosed

Medium-term Goals:

Develop customers requiring electromechanical integration.
Obtain medical product certifications and expand sales channels.
Set up overseas operation sites and expand overseas business.
Gain more U.S. NADCAP accreditations.

Short-term Goals:

Expand production capacity to meet customer requirements.
Cultivate clients in the telecommunication market.
Increase sales of high value-added products.
Improve services for existing customers.
Increase sales of aerospace products.

Environmental Challenges

Fluctuation in raw material costs affecting profitability.
Industry competition leading to lower profit margins.
Exchange rate fluctuations impacting profitability.
Risks associated with talent outflow.
Environmental regulations raising trade barriers.

Mitigation Strategies

Cooperating with multiple raw material suppliers, signing long-term contracts, developing high value-added products, and using hedging instruments.
Expanding the ASEAN market, building long-term customer relationships, investing in automation, and providing integrated solutions.
Opening foreign currency accounts, adjusting sales prices based on exchange rates, using derivative financial instruments, and hedging foreign exchange risks.
Improving the internal working environment and welfare system to retain talent.
Complying with environmental safety regulations, using environmentally friendly materials and processes, and investing in renewable energy.

Supply Chain Management

Responsible Procurement

Purchasing from multiple suppliers to ensure stable supply and reasonable cost.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Certifications: ISO9001, ISO14001, TS16949, AS9100, NADCAP

Third-party Assurance: Deloitte & Touche

Awards & Recognition

Green Star Award (2015)
2018 Corporate Social Responsibility Award (CSR-DIW Award)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:17,428.87 tCO2e/year (Scope 1: 1,630.01, Scope 2: 4,624.95, Scope 3: 11,173.92)

Scope 1 Emissions:1,630.01 tCO2e/year

Scope 2 Emissions:4,624.95 tCO2e/year

Scope 3 Emissions:11,173.92 tCO2e/year

Renewable Energy Share:29.416%

Water Consumption:9566 m3/year

Waste Generated:142.47 tons/year

Carbon Intensity:99.4843 tCO2e/million THB