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