Climate Change Data

Environmental Metrics

ESG Focus Areas

• Good corporate governance
• Social responsibility
• Environmental responsibility

Environmental Achievements

• Policy to reduce electricity use in the office (turning off lights, air conditioners, unplugging appliances)
• Focus on reducing garbage, waste, and pollution from construction (complying with relevant laws)

Social Achievements

• Established business ethics handbook considering responsibility to stakeholders
• Anti-corruption policy communicated to directors, executives, and employees
• Policy to respect human rights and fair labor practices
• Community investment (building a pavilion for Buddhists Sanmafan Temple, Kathin for Huai Burapha Temple)

Governance Achievements

• Good corporate governance policy covering leadership, objectives, board effectiveness, risk management, disclosure, and stakeholder engagement
• Established Code of Conduct for directors, executives, and employees
• Appointed an Audit Committee with independent directors
• Established policies and procedures for related party transactions

Climate Goals & Targets

Environmental Challenges

• Risk from discontinuity of income from building engineering system contractor business
• Risk from inaccurate construction cost estimation
• Risk from changes in prices of materials and equipment
• Risk from insufficient number of laborers
• Risk from relying on income from a small number of main contractors
• Risk from changes in government policies or regulations
• Risk from late delivery of work within the specified timeframe
• Risk from inability to collect payments from modified or additional works
• Risk from receiving late payment or not receiving payment from customers
• Risk from relying on financial assistance from major shareholders
• Risk from reliance on key executives
• Risk from having a group of major shareholders influencing operations

Mitigation Strategies

• Guidelines for management to follow up on bidding news, maintaining service quality, and expanding customer base
• Cautious cost estimation using ERP system, operation manuals, cost databases, and market price analysis
• Specifying operational procedures for procurement of sufficient materials and equipment
• Developing a labor recruitment plan to fit project location and duration, using sub-contractors
• Increasing qualifications to accept work directly from clients, expanding customer base
• Keeping up with changes in government policies and adjusting strategies
• Assessing operational periods, reviewing contracts, preparing work plans, and holding progress meetings
• Requiring written orders for modified or additional work, preparing summary reports for payment
• Considering customer history and financial status, strict internal control for tracking payments, and follow-up procedures
• Gaining credibility from financial institutions, receiving funds from IPO
• Succession plans, talent management, employee training, and operating manuals
• Appointing independent directors, following procedures for related party transactions

Supply Chain Management

Responsible Procurement

• Selecting raw materials based on quality, price, trade conditions

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Thai Financial Reporting Standards

Certifications: ISO 9001:2015

Third-party Assurance: PricewaterhouseCoopers ABAS Limited