Climate Change Data

Environmental Metrics

ESG Focus Areas

• Innovation
• Eco-efficiency Operations
• Safety Awareness
• Strong Corporate Governance
• Transparency
• Value for the Future

Environmental Achievements

• Reduced GHG Emissions Intensity by 7.6% compared to 2018 (target 4%)
• Zero industrial waste to landfill
• Reduced total water withdrawal by 12% compared to 2018

Social Achievements

• Achieved zero fatality and severe accident in plant operations
• Achieved training hours above 50 hours/person/year (target 24 hours)
• 8,970 residences in local communities benefited from CSR initiatives

Governance Achievements

• Achieved an "Excellent" level of recognition (5 stars) under the Corporate Governance Report of The Listed Companies 2019
• Awarded SET Sustainability Award 2019 (Rising Star Award)
• Awarded Sustainability Disclosure Award 2019 from the ThaiPat Institute

Climate Goals & Targets

Environmental Challenges

• Uncertainty of crude supply
• Crude price volatility
• Changes in regulations
• Product substitution
• Volatility in asphalt demands
• Aging workforce
• Rapid urbanization
• Cybersecurity risks

Mitigation Strategies

• Developing reliable suppliers
• Diversification into non-asphalt road pavement applications
• Grooming next generation of talents
• Building an insight-driven organization
• Leveraging ecosystem partnerships
• Developing a Cyber Risk Management Program using CIS Control™ (v7)

Supply Chain Management

Supplier Audits: 20 business partners monitored and coached (2019)

Responsible Procurement

• Sustainable procurement policy
• ESG criteria for supplier selection
• Focus on local sourcing

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option, ISO 26000:2010

Certifications: ISO 14001, ISO 45001, ISO 39001, ISO/IEC 17025

UN Sustainable Development Goals

• SDG 3
• SDG 4
• SDG 8
• SDG 9
• SDG 11
• SDG 12
• SDG 13
• SDG 16
• SDG 17

Initiatives contribute to these goals through various CSR/CSV projects and operational improvements

Sustainable Products & Innovation

• ULA Para AC
• Ammonia Para AC
• Super Premix
• Dust Control

Awards & Recognition

• SET Sustainability Excellence Award 2019 – Rising Star
• Sustainability Disclosure Award 2019 (Thaipat Institute)
• Outstanding Safety Award
• Zero Accident Campaign Award 2019 (Silver)

Environmental Metrics

ESG Focus Areas

• Innovation
• Eco-efficiency
• Safety

Environmental Achievements

• Reduced greenhouse gas emissions (Scope 1 & 2) by 22% compared to 2018.
• Reduced energy consumption for product heating by 11% compared to 2019.
• Reduced water withdrawal by 11% compared to 2019.
• 90% of total waste reused or recycled.
• Zero industrial waste to landfill (except for 16.5 tons of heat insulation replacement materials).

Social Achievements

• Zero lost-time injury frequency rate.
• Zero work-related illness.
• Zero fatalities from work-related accidents and logistics.
• Donated 5 million baht to support five hospitals.
• Provided safety training to 130 outsourced drivers (100% coverage).

Governance Achievements

• Received a 5-star rating from the Corporate Governance Report of Thai Listed Companies for three consecutive years.
• Maintained CAC (Thai Private Sector Collective Action Against Corruption) membership.
• Implemented a digital platform to improve procurement efficiency.
• Developed a digital application for sales orders and delivery tracking.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting business operations and supply chains.
• Crude price volatility and supply uncertainty.
• Climate change impacting road construction and maintenance.
• Cybersecurity threats.
• Dust pollution in communities near operations.

Mitigation Strategies

• Implemented Work From Home protocols and other COVID-19 prevention measures.
• Developed a hedging strategy to manage crude price volatility.
• Developed climate-resistant products and adapted delivery schedules to weather conditions.
• Improved IT security systems and employee awareness training.
• Developed a dust control product.

Supply Chain Management

Supplier Audits: 2 assessments per year

Responsible Procurement

• Supplier Code of Conduct
• Green procurement guidelines
• Local sourcing

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather
• Floods
• Season shifts
• Dust pollution

Transition Risks

• Regulations on greenhouse gas emissions
• Consumer preference for environment-friendly products

Opportunities

• Development of climate-resistant products
• Increased sales due to damaged roads after floods

Reporting Standards

Frameworks Used: GRI Standards: Comprehensive option, ISO 26000 (Social Responsibility), UN Global Compact

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO/IEC 17025

Third-party Assurance: MASCI (Management System Certification Institute (Thailand))

UN Sustainable Development Goals

• SDG 3
• SDG 4
• SDG 5
• SDG 6
• SDG 7
• SDG 8
• SDG 9
• SDG 12
• SDG 13
• SDG 16
• SDG 17

Initiatives contribute to these goals through various programs and projects.

Sustainable Products & Innovation

• Dust Control
• Asphalt premix for pothole repairs

Awards & Recognition

• Prime Minister’s Industry Award 2020 (social responsibility category)
• Sustainability Disclosure Award 2020 (Thaipat Institute)
• Outstanding Company Performance Awards (SET)