DCON PRODUCTS PUBLIC COMPANY LIMITED
Climate Impact & Sustainability Data (2014, 2023)
Reporting Period: 2014
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- Corporate Social Responsibility
- Sustainable Environmental Performance
Social Achievements
- Organized a luncheon activity with donations for mentally and cognitively handicapped children at “Baan Rachawadeeying”,
- Organized a sports activity to unite everyone in the fight against drugs
- Organized Songkran Activities to give opportunities for employees to make offerings to monks, take part in water-pouring activities and to dine together
Governance Achievements
- The company’s board of directors will give importance to good corporate governance
- Strictly implementing internal control
- Conducting business according to the principles of good corporate governance
Climate Goals & Targets
Environmental Challenges
- Volatility in Raw Materials’ Prices
- Volatility in Fuel Prices
- Competition
- Labor Shortage
Mitigation Strategies
- Management of raw material procurement process to reduce price risk, conduct research to find alternative raw materials, control and manage inventory efficiently
- Purchasing new trucks to replace old vehicles with low efficiency. Including maintenance of the truck has better performance over time. Training drivers to drive properly for safety and to save regularly. GPS system installed in all cars, trucks, to control the speed and fuel anti-fraud staff.
- Emphasis on research and development to enhance products, quality control, service, management, inventory control, human resource development, deliver and transportation management
- Adjusting its wages to exceed the minimum wage to attract and motivate workers, hiring foreign workers
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Outstanding Company Performance Award (Market Capitalization of 10,000,000,000 Bath or less)
- Outstanding Company Performance Award by Forbes magazine
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Measures to maintain air conditioners, machinery and transportation vehicles to reduce pollution that affects greenhouse gases.
- Received the 2022 environmental governance project award.
- Green Industry Level 2 certification.
Social Achievements
- Received the National Outstanding Labor Relations Project Award for the 1st year.
- Received an award for the GLP (Good Labor Practices) project.
- Received an award for promoting working-age health in the workplace.
- Organized activities for executives to meet with personnel (e.g., Songkran Festival).
- Organized a drawing and painting activity and donated items to children with disabilities.
- Provided medical equipment to the Chong Sarika Subdistrict Area Agency.
- Participated in activities of the Lopburi Provincial Public Health Office.
- Organized a candle procession activity.
- Participated in giving scholarships to students of Lopburi Technical College.
Governance Achievements
- Restructured the management committee and applied strategic plans.
- Established a clear distribution of work execution through the Company and subsidiaries.
- Established a Good Corporate Governance Policy in accordance with good governance principles of listed companies.
- Complied with the good governance principles of listed companies.
- Established an internal audit agency independent in performing its duties.
- Reviewed appropriateness and adequacy of all 5 elements of the internal control system.
Climate Goals & Targets
Environmental Challenges
- Risk from volatility in fuel and raw material prices.
- Risk from fluctuations in domestic economic conditions and competition.
- Intense competition in the market of building materials and real estate business.
Mitigation Strategies
- Purchasing new trucks to replace old trucks with low efficiency.
- Training drivers to drive safely and economically.
- Installing GPS systems in all trucks.
- Monitoring and assessing raw material prices.
- Developing a risk management strategy for raw material procurement.
- Researching alternative raw materials.
- Efficient inventory control and management.
- Product research and development.
- Quality Control, Service, Inventory Management and Management personnel development.
- Shipping and Transportation Management.
- Reducing financial risks and marketing costs in real estate business.
Supply Chain Management
Responsible Procurement
- Inviting bids from contractors for labor and materials (except for planks, piles, and lightweight concrete blocks).
Climate-Related Risks & Opportunities
Awards & Recognition
- Forbes Asia’s Best under a Billion 2014 Award
- SET Award of Honor 2012
- National Outstanding Labor Relations Project Award 2022
- GLP (Good Labor Practices) project award 2022
- Award for promoting working-age health in the workplace 2023
- 2022 environmental governance project award