Tycoons Worldwide Group (Thailand) Public Company Limited
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Energy Consumption:82,449,620 KWH
Water Consumption:486,994 m3
Waste Generated:10,006,280 kg (non-hazardous); 12,523,560 kg (hazardous)
ESG Focus Areas
- Good corporate governance
- Economic
- Social
- Environmental
Environmental Achievements
- Reduced energy consumption
- Reduced fuel consumption
- Reduced chemical use in production
- Reduced waste from production processes
- Achieved ISO 14001 certification (Environmental Management System) in 2001
Social Achievements
- Customer satisfaction of 91.09%
- Zero external complaints
- Employee training (though below target due to COVID-19)
- Community investment through various donation programs (thermometers, survival bags, masks, air sterilizers, etc.)
Governance Achievements
- CGR score of 72%
- 2021 AGM Quality Assessment Score of 95%
- Compliance with Stock Exchange of Thailand requirements for independent directors
- Established anti-bribery and corruption policy
Climate Goals & Targets
Environmental Challenges
- Global economic uncertainty (COVID-19, geopolitical conflicts, etc.)
- Fluctuations in raw material and product prices
- Competition from neighboring countries
- Exchange rate and interest rate risks
- Cyber threats
- Epidemic risks (COVID-19)
Mitigation Strategies
- Use of forward contracts to minimize exchange rate risk
- Diversified raw material sources
- Anti-dumping investigations
- Protective measures and backup plans for IT systems
- COVID-19 prevention measures (work from home)