Bangkok Aviation Fuel Services Public Company Limited (BAFS)
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
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:4,323,088 kWh/year
Water Consumption:20,017 m3/year
Waste Generated:17.43 tons/year (hazardous and non-hazardous)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Community Engagement
- Employee Health and Safety
- Good Governance
Environmental Achievements
- Reduced energy use by 28.24% compared to 2019 baseline.
- Reduced tap water consumption by 7.63% compared to 2019 baseline.
- Recycled 10.562 tons of waste, a 25.20% increase compared to 2022.
- Launched the first high-flow EV Hydrant Dispenser in ASEAN.
- Investment in solar farm projects (30 MW, aiming for 60 MW by 2024).
Social Achievements
- Community engagement projects with 100% achievement and high satisfaction scores.
- Organic farming projects generating income for farmers (721,744 baht from rice sales).
- Partnership with Airbus for Aircraft Maintenance Instructor Course (AMIC), improving service quality.
- No lost-time accidents resulting in more than three days absence from work.
Governance Achievements
- Received a rating of “Excellent” in the 2023 Corporate Governance Report of Thai Listed Companies (CGR) for the 15th consecutive year.
- 100% of executives and employees passed the Code of Conduct test (average score 92.67%).
- No reports of corruption or complaints.
Climate Goals & Targets
Long-term Goals:
- Achieve Net Zero Emission by 2050.
Medium-term Goals:
- Reduce greenhouse gas emissions by 30% (Scope 1 & 2) and 20% (Scope 3) by 2030.
- Reduce electricity consumption by 40% compared to 2019 by 2030.
- Reduce tap water use by 10% from 2019 baseline by 2030.
- Recycle 10% more waste per month compared to 2022 by 2030.
Short-term Goals:
- Not disclosed
Environmental Challenges
- Global economic volatility, geopolitical conflicts, and climate change.
- Supply chain disruptions (implied).
Mitigation Strategies
- Enhancing aviation refueling services and investing in new businesses.
- Developing alternative sourcing strategies (implied).
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Investment in renewable energy.
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 45001:2018
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- High-flow EV Hydrant Dispenser
Awards & Recognition
- Two gold medals and one silver medal for outstanding results in greenhouse gas emission management.