Climate Change Data

Principal Capital Public Company Limited

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Good corporate governance
  • Fair business practices
  • Human rights and employment
  • Customer responsibilities
  • Environment and safety
  • Community development
  • Social responsibility

Environmental Achievements

  • Organized fire drills and CPR training for building staff.

Social Achievements

  • Opened 2 new hospitals (Virajsilp Hospital in Chumphon and Princ Hospital Ubonratchathani); completed construction of 2 more hospitals (Princ Hospital Lamphun and Princ Hospital Sisaket).
  • Launched Telemedicine service "Dr. PRINC" for online medical advice.
  • Implemented central training program for staff across Princ's network.
  • Various CSR initiatives: "Doctor, a giver", "Happy sharing cabinets", "Self Search Project", "Home Health Care", "Taxi Hero".

Governance Achievements

  • Achieved CAC (Collective Action Coalition Against Corruption) certification.
  • Implemented anti-corruption policy and IT policy to prevent intellectual property infringement.
  • Developed and publicly posted Corporate Governance Policy and other related policies on the intranet.

Climate Goals & Targets

Medium-term Goals:
  • Increase the number of primary care clinics to 100 in 2022.
Short-term Goals:
  • Open 10 primary care clinics in Bangkok.

Environmental Challenges

  • COVID-19 pandemic and its impact on the economy.
Mitigation Strategies
  • Introduced Telemedicine to minimize infection risk.
  • Focused on technology to manage hospitals and reduce patient touchpoints.
  • Developed a central training program to enhance staff capabilities and relationships.
  • Expanded into digital health services.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 26000

Certifications: ISO 9001:2015 (Principal Healthcare Co., Ltd.), GHA Covid-19 for Medical Travel Program (Princ Hospital Suvarnabhumi), HIMSS Analytics Stage 7 (Princ Hospital Paknampo), HIMSS Analytics Stage 6 (Princ Hospital Suvarnabhumi), HA Step 3 (Virajsilp Hospital)

UN Sustainable Development Goals

  • Goal 1: No Poverty
  • Goal 3: Good Health and Well-being
  • Goal 8: Decent Work and Economic Growth
  • Goal 9: Industry, Innovation and Infrastructure
  • Goal 10: Reduced Inequalities

The company's CSR initiatives align with these SDGs through various programs aimed at improving healthcare access, community well-being, and economic growth.