Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economy
• Society
• Environment
• Climate Change
• Human Rights
• Governance

Environmental Achievements

• Changed lighting systems from fluorescent to LED in all Estar Park projects, reducing energy consumption.
• Installed an automatic water supply system in the Grand Velana project, increasing water use efficiency.
• Implemented waste sorting bins for various waste types, promoting proper waste disposal.
• Installed equipment to trap dust and monitored water spraying during construction to reduce air pollution.
• Studied the feasibility of installing solar power systems (Estar Park solar power project, expected completion in 2022).

Social Achievements

• Organized 15 training courses totaling 1,111 hours for 53 employees.
• Supported UNICEF with 500,000 baht for the third consecutive year.
• Participated in community support projects during the COVID-19 situation (donations to schools and hospitals).
• Participated in community and environment development projects (improving landscape, roads, and alleys).
• Achieved a customer satisfaction score of 4.31 out of 5.

Governance Achievements

• Adopted the COSO ERM 2017 framework for risk management.
• Established a risk management process to identify, analyze, assess, and classify risks.
• Certified as a member of the Thai Private Sector Collective Action Coalition against Corruption on June 3, 2021.
• Implemented policies and procedures for equitable treatment of stakeholders.
• Disclosed information transparently and in compliance with regulations.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting the real estate market and customer purchasing power.
• Strict measures by financial institutions in providing housing loans.
• Rising construction material costs and labor shortages.
• Risks in purchasing land for development.
• Potential environmental impacts of business operations.

Mitigation Strategies

• Adjusted strategies including price promotions and increased sales channels.
• Set support guidelines for customers facing credit problems and coordinated with financial institutions.
• Developed alternative sourcing strategies for construction materials.
• Procured land in accordance with business plans and conducted thorough due diligence.
• Complied with environmental regulations and conducted environmental impact assessments.

Supply Chain Management

Responsible Procurement

• Selection of environmentally friendly materials
• Building alliances with contractors

Climate-Related Risks & Opportunities

Opportunities

• Use of renewable energy
• Energy efficient design

UN Sustainable Development Goals

• Goal 3
• Goal 7
• Goal 10
• Goal 11
• Goal 12
• Goal 13
• Goal 15

The Group's initiatives are aligned with these SDGs through its focus on creating balanced growth in economy, society, and environment; promoting good quality of life; conserving energy and improving energy efficiency; increasing access to economic and social opportunities; building sustainable cities and communities; using natural resources efficiently; driving low-carbon development; and contributing to the protection and restoration of ecosystems.

Sustainable Products & Innovation

• Projects with integrated energy-efficient design
• Use of environmentally friendly materials

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Changed lighting systems from fluorescent to LED in all Eastern Star Park projects
• Installed high-efficiency air conditioning systems
• Planted 120 perennial plants in project area and over 800 drought-tolerant seedlings in Rayong
• Eastern Star Park solar power project (340+ kW capacity, expected completion 2024)

Social Achievements

• Organized 30 training courses for employees
• Adjusted wages for 28 employees with above-standard performance
• Provided essential items to 200 households during COVID-19 pandemic
• Cooperated with Phla Sub-district Municipality on beach cleanup and planting activities
• Customer satisfaction score of 4.24 out of 5

Governance Achievements

• Certified as a member of the Thai Private Sector Collective Action Coalition Against Corruption (June 3, 2021)
• Implemented Personal Data Protection Act (PDPA) compliance measures
• Board of Directors self-evaluation score of 91%
• Sub-committees self-evaluation score of 94%

Climate Goals & Targets

Environmental Challenges

• Rising construction material costs
• Labor shortages
• Stricter housing loan measures from financial institutions
• High household debt
• Rising interest rates
• Cancellation of LTV waiver measures
• Increased ownership transfer fees

Mitigation Strategies

• Adjusted strategies (price promotion, attractive products, increased sales channels)
• Support guidelines for customer pre-approval and credit problems
• Coordination with banks to facilitate credit access
• Careful project expansion, focusing on potential locations and target customers
• Investment in businesses generating regular income
• Fixed-cost construction contracts
• Bulk purchasing of materials
• Partnerships with contractors
• Application of new construction technologies (prefabricated materials)
• Assessment of customer loan qualifications
• Discussions with banks about credit granting guidelines
• Adjusted installment programs

Supply Chain Management

Responsible Procurement

• Implementing green procurement guidelines
• Supplier Code of Conduct
• Selection of environmentally friendly materials

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, GHG Protocol

Third-party Assurance: EY Office Limited

UN Sustainable Development Goals

• Goal 3
• Goal 7
• Goal 10
• Goal 11
• Goal 12
• Goal 13
• Goal 15

The Group's sustainability policies and goals are linked to these SDGs.

Sustainable Products & Innovation

• Energy-efficient buildings (Integrated Energy Efficient Design)
• Smart Building technology

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Received the Label No. 5 Housing Award for energy conservation for the design of the Velana Amoda project.
• Changed lightbulb types from fluorescent to LED in all Eastern Star Park projects.
• Planted more than 800 drought-tolerant perennial seedlings in Rayong project areas.
• Installed solar power systems or solar rooftops with a capacity of 46.20 kWp at Eastern Star Resort Co., Ltd.

Social Achievements

• Organized 14 training courses to enhance skills and potential for employees.
• Adjusted job levels/positions of employees along with their wages to reflect their abilities and workload.
• No fatal accidents in the past year.
• Average customer satisfaction score of 4.71 out of 5.
• Supported community development through provision of food in Children’s Day activities.

Governance Achievements

• Certified as a member of the Thailand Private Sector Collective Action Coalition Against Corruption.
• Complied with the Personal Data Protection Act (PDPA) by creating a PDPA manual.
• Annual self-evaluation of the Board of Directors with a mean score of 94%.

Climate Goals & Targets

Environmental Challenges

• Strict home loan measures from financial institutions.
• Rising construction material costs and minimum wage.
• Risks from land procurement for project development.
• Environmental impact risks from climate change.
• Changes in government policies and measures related to the real estate business.

Mitigation Strategies

• Collaborated with partner financial institutions to ease payment burdens for customers.
• Negotiated construction material prices in advance with trade partners.
• Established a long-term land procurement and purchase plan.
• Established business operation guidelines and strategic plans that prioritize environmental, social and governance (ESG) risk management.
• Continuously monitor government policies to facilitate timely business strategy formulation.

Supply Chain Management

Responsible Procurement

• Green procurement guidelines
• ESG-related guidelines
• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Droughts
• Flooding
• Storms
• PM2.5

Reporting Standards

Frameworks Used: GRI, GHG Protocol

Third-party Assurance: EY Office Limited

UN Sustainable Development Goals

• SDG 3
• SDG 7
• SDG 10
• SDG 11
• SDG 12
• SDG 13
• SDG 15

The Group's sustainability policies and goals are linked to these SDGs.

Sustainable Products & Innovation

• Projects with integrated energy-efficient design
• Use of recycled materials in construction

Awards & Recognition

• Label No. 5 Housing Award