Climate Change Data

TPCS Public Company Limited

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:4264.22 tCO2e/year
Scope 1 Emissions:97.07 tCO2e/year
Scope 2 Emissions:3993.33 tCO2e/year
Scope 3 Emissions:1093.82 tCO2e/year
Total Energy Consumption:6860218 kwh/year
Water Consumption:42043 m3/year
Waste Generated:195612 kg/year

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced CO2 emissions by 627 tons compared to 2022. Reduced electricity consumption by 17.8% and 21.1% in Factory Division (1) and (2) respectively.
  • Installed solar cells, resulting in 1,187,706 kWh of solar energy consumption.

Social Achievements

  • Achieved 82.45% customer satisfaction.
  • Average training hours per employee: 5 hours/person/year.
  • Zero significant human rights complaints.
  • Zero significant complaints regarding corporate governance.
  • Zero significant violations of social laws and regulations.
  • 73.28% of employees are locally sourced.

Governance Achievements

  • Zero corporate governance complaints.
  • Board of Directors consists of 11 directors (27.27% female).
  • Established anti-corruption training for all employees.
  • Adherence to good corporate governance principles.

Climate Goals & Targets

Long-term Goals:
  • Net Zero Emission by 2065
Medium-term Goals:
  • Reduce electricity consumption by 10% by 2027
  • Reduce water consumption by 5% by 2027
Short-term Goals:
  • Reduce electricity consumption by 10% by 2024
  • Reduce water consumption by 5% by 2024

Environmental Challenges

  • Shortage of talent
  • Risks from data and information system security and cyber threats
  • Shortage of raw materials or inputs
  • Climate change risks
  • Environmental impact risks
  • Safety, occupational health and work environment risks
  • Risks from human rights impacts
  • Risk of fraud and corruption
  • Emerging risks from geoeconomic confrontation and international conflicts
Mitigation Strategies
  • Proactive recruitment, technology adoption, automation
  • Information technology security policies, intrusion prevention systems, data backup
  • Raw material procurement planning, supplier management, production and human resource continuity
  • Supplier relationship management, raw material procurement and reserve planning
  • Environmental policies, resource efficiency, sustainable practices, supplier audits
  • Occupational safety policies, safety training, work environment analysis, supplier audits
  • Human rights policies, supplier audits
  • Anti-corruption policies, process development, participation in CAC, training
  • Business diversification, supply chain management

Supply Chain Management

Supplier Audits: Every year

Responsible Procurement
  • Supplier Code of Conduct
  • ESG supplier risk assessment

Climate-Related Risks & Opportunities

Physical Risks
  • Changes in temperature and seasonality
  • Intensifying drought
Transition Risks
  • Government regulations and policies on renewable energy and carbon neutrality
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards

Sustainable Products & Innovation

  • Welcare 3D Blue Line Anti-Fog Mask
  • Welcare Premium Tencel Bed Sheets
  • Welcare Mattress Model X

Awards & Recognition

  • CAC membership
  • Thailand Sustainability Investment (SET ESG Ratings)
  • CSR-DIW Continuous award 2023
  • Green Industry certification
  • Welcare awards