SABUY TECHNOLOGY PUBLIC COMPANY LIMITED
Climate Impact & Sustainability Data (2021, 2022, 2023)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced purified water usage by 48.6% compared to 2020 (due to Work from Home policy). Aiming for a 10% reduction in 2022.
- Reduced energy usage by 56.3% compared to 2020 (due to Work from Home policy). Aiming for a 10% reduction in 2022.
Social Achievements
- Established preventative measures and monitoring of COVID-19 spread, including cleaning, mask requirements, and employee vaccination.
- Established a policy to promote acceptance of differences and fair treatment of employees without discrimination.
- Developed SABUY Academy project to build capacity of new generation of employees.
Governance Achievements
- Established the corporate governance policy in alignment with the SEC’s Corporate Governance Code for listed companies B.E. 2560.
- Formulated the anti-corruption policy and guidelines applicable to all sectors in the company and its subsidiaries.
- Established a mechanism for handling complaints and whistleblowing.
Climate Goals & Targets
Long-term Goals:
- Net zero emissions (target year not specified)
- No violations on human rights in business operations.
- Zero cases related to corruptions.
- Zero case or incident of cyber attacks.
Medium-term Goals:
- Integrating ESG issues into the risk management.
- Encouraging all departments to apply risk management model.
- Reduce turnover rate.
- Increase internal promotion rate.
Short-term Goals:
- Reduce purified water usage by 10% when the situation returns to normal.
- Reduce energy usage by another 10% when the condition goes back to normal.
- Establish the human rights policy throughout the value chain.
- Zero breach or non-compliance in relation to corporate governance issues.
Environmental Challenges
- Drought and increased water usage due to climate change.
- Increased energy demand and rising electricity costs.
- COVID-19 pandemic impacting business operations and consumer behavior.
- Competition in top-up machine, vending machine, and credit industries.
- Cybersecurity threats.
- Risk of failure to meet strategic goals due to expansion into new fields.
- Liquidity risk due to business expansion and investment in new businesses.
Mitigation Strategies
- Developing policies and plans on water management, including strategies and monitoring on sustainable usage of water.
- Establishing energy conservation policies and monitoring energy usage.
- Adapting business models and continuously developing innovations and solutions to cope with the needs of customers in the new normal.
- Creating a business ecosystem to create synergy and strengthen the competitive advantage.
- Developing the capacity of employees in the relevant departments to effectively respond to cyber-attacks and upgrading technological equipment.
- Monitoring the performance of each project and analyzing internal and external factors that might affect the business operation.
- Proportionately planning the cash used in business expansions and investment in new businesses, issuing ordinary shares to trading partners, and issuing warrants to shareholders, directors, and employees.
Supply Chain Management
Supplier Audits: 91 suppliers in total; ESG assessment for suppliers and business partners
Responsible Procurement
- Supplier Code of Conduct (SCoC) covering business ethics, labor and human rights, occupational health & safety, environmental management, and social responsibility.
Climate-Related Risks & Opportunities
Physical Risks
- Drought
Reporting Standards
Frameworks Used: GRI Standards, AA1000 Stakeholder Engagement Standard (AA1000SES)
Sustainable Products & Innovation
- Environment-friendly products/services; Development of energy-efficient products.
Reporting Period: 2022
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:129,482.7 Baht
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Governance
- Environmental
- Social
Environmental Achievements
- Reduced water consumption by 1,541.8 Baht
Social Achievements
- Increased employee satisfaction
- Provided 6.0 average training hours per employee/year
- Invested 31,000 Baht in employee training and development
Governance Achievements
- No legal disputes
- No cyberattacks
- No data breaches
- Less than 1% customer complaints
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Code of conduct
- ESG criteria for partner assessment
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards, AA1000SES
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Water Consumption:125,598 (reduced by 3,885 compared to 2022)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced water consumption by 3% compared to 2022.
Social Achievements
- Launched SABUY Academy to develop new generation of personnel.
- Implemented programs for employee well-being and development.
- Donated water purifiers to various organizations.
- Organized blood donation activities.
Governance Achievements
- Established a comprehensive ESG framework.
- Implemented anti-corruption policies and training.
- Improved internal control systems.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Supply chain disruptions.
- Economic slowdown impacting consumer spending.
- Liquidity issues in the financial market.
- Cybersecurity threats.
Mitigation Strategies
- Developed alternative sourcing strategies.
- Increased operational efficiency and reduced costs.
- Implemented conservative lending policies.
- Strengthened cybersecurity measures and training.
Supply Chain Management
Responsible Procurement
- Supplier sustainability requirements
- ESG considerations in supplier selection
Climate-Related Risks & Opportunities
Physical Risks
- Drought
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products and services
Reporting Standards
Frameworks Used: GRI Standards, AA1000SES
Certifications: ISO 14001:2015, ISO 45001:2018
Sustainable Products & Innovation
- Water purifiers
Awards & Recognition
- Not disclosed