Climate Change Data

SE-EDUCATION PUBLIC COMPANY LIMITED

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Business Sustainability
  • Climate Change
  • Corporate Social Responsibility

Environmental Achievements

  • Implemented energy-saving activities, including using LED lights and automatic light systems, resulting in electricity savings. Reduced paper consumption by encouraging e-documents and digital distribution systems.
  • Reduced paper use in the distribution center by up to 500,000 sheets per month.

Social Achievements

  • Held an International Youth Robot Competition, with Thai students winning 24 international prizes.
  • Held a STEM Education camp for educational institutions.
  • Developed the SE-ED E-Library system, used by over 115 educational and organizational groups.
  • Collaborated with the Office of the Basic Education Commission to propose approval for the EduSynch CEFR Level Test.
  • Cooperated with the Human Capital Excellence Center to hold exams for 4,000 English-teaching teachers.
  • Donated books worth 40 million baht to 1,600 educational institutions and agencies.
  • Organized contests for young content creators of youth books.
  • Promoted reading skills at events like the Book Fair and Learning 2023.

Governance Achievements

  • Revised and updated the Good Corporate Governance policy and business ethics handbook.
  • 80% of Directors completed Director Accreditation Program (DAP), Director Certification Program (DCP), Finance for Director (FFD), Advanced Audit Committee Program (AACP) and Company Reporting Program (CRP).
  • Improved the process of shareholders’ meetings to ensure the suitability consistently.
  • The Audit Committee held a joint meeting with the accounting department and the internal audit department without the presence of the management division.

Climate Goals & Targets

Environmental Challenges

  • Economic, political, and social challenges in Thailand.
  • Risks from climate change.
  • Unprofitable branches.
  • Risk from conflicts over important operational places (Distribution Center and Plearnpattana School).
  • Risk from fire, flood, and other natural disasters.
  • Risk from IT system and computer system problems.
  • Risk of lacking specialists.
  • Risk of a deadly epidemic.
  • Risk from replaceable products and reading behavior changes.
  • Risk from copyright infringements.
  • Risk from bad debts of uncollectible account receivables.
  • Risk from foreign exchange rate.
  • Risk from material shortage in publication.
Mitigation Strategies
  • Strengthened the organization to face domestic and international challenges.
  • Implemented standard practices in governance, risk management, and other management areas.
  • Closed 24 unprofitable branches.
  • Developed a spare working system and enhanced the ability to temporarily open the warehouse.
  • Improved precautionary measures against fire and other natural disasters (automatic fire alarm system, sprinkler system, fire drills).
  • Issued a policy to govern IT systems and provided training on technologies and computer regulations.
  • Reviewed employee compensation and planned for employee substitution.
  • Increased sales channels and online marketing, issued a plan for appropriate cash flow management.
  • Developed and produced digital content (e-books, audiobooks).
  • Licensed foreign books legally and acquired agreements for licensed content.
  • Inspected clients’ financial status and employed a debt recovery system.
  • Issued a policy for entering into forward contracts with banks.
  • Developed a publication plan in advance and kept updated on material price trends.

Supply Chain Management

Responsible Procurement
  • Selecting credible, ethical, professional, socially and environmentally aware partners, free from labor and environmental law breaches.
  • Encouraging and supporting anti-corruption with business partners.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • E-books, audiobooks, e-library

Awards & Recognition

  • RETAILER OF THE YEAR at the HONG KONG INTERNATIONAL LICENSING SHOW 2023