Siam Cement Public Company Limited
Climate Impact & Sustainability Data (2019-08 to 2022-05, 2022)
Reporting Period: 2019-08 to 2022-05
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- Sustainable Development
- Human Rights
- Diversity and Inclusion
- Anti-Corruption
- Environmental, Health and Safety
- Compliance
Environmental Achievements
- Incorporated advanced, safe and environmental-friendly machinery and technology to reduce resource usage, convert waste materials from manufacturing to energy for usage, and control and reduce pollution caused by manufacturing process.
- Develop, design and provide consumers with products which are easy to use, durable, reusable and recyclable while aiming for good quality, safety, and environmental friendliness at the same time.
Social Achievements
- Treat their employees with fairness and equality, strive to create the safest work environment and concerning for social responsibility as well as contributing to the improvement of life quality of people in the areas in which the Company operates.
- Support the communities near the manufactories and all parties involved to live together in peace, share opinions and determinedly participate in finding solutions for all problems, as well as emphasizing on achieving sustainable social development through various social projects.
Governance Achievements
- Established policies, measures and practices for Corporate Management in alignment with the Corporate Governance principle.
- Established an audit committee that can act effectively and independently.
- Established a whistleblowing system which is a complaint system in line with international standard.
- Implemented a compliance management system in the operation to ensure compliance with the laws and key public commitments.
Climate Goals & Targets
Environmental Challenges
- Risks and opportunities in enabling work improvement at all levels of the organization, both short-term and long-term demands and expectations of all stakeholders, as well as social and environmental impacts.
- Business competition faced by the Company currently has been changed endlessly no matter from external or internal factors which may affect capability to achieve goals and key missions of the Company and its subsidiaries.
Mitigation Strategies
- Incorporate advanced, safe and environmental-friendly machinery and technology to reduce resource usage, convert waste materials from manufacturing to energy for usage, and control and reduce pollution caused by manufacturing process.
- Implemented enterprise risk management system effectively and efficiently.
Supply Chain Management
Responsible Procurement
- SCG Packaging’s Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Good Corporate Governance principles
Sustainable Products & Innovation
- Develop, design and provide consumers with products which are easy to use, durable, reusable and recyclable while aiming for good quality, safety, and environmental friendliness at the same time.
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- Social Responsibility
- Environmental Sustainability
Governance Achievements
- Revised SCG Corporate Governance Principles 2022 Edition aligning with international standards.
- Established charters for the Board of Directors, Audit Committee, Governance and Nomination Committee, Remuneration Committee, CSR Committee for Sustainable Development, and Internal Audit Office.
- Implemented policies on director qualifications and nomination, independent director share, limitation on directorships in other listed companies, SCG top executive directorships outside SCG, board meeting attendance, director training and development, insider trading, and blackout periods.
- Developed policies on compliance, appointment of directors and executives to subsidiaries, risk management, connected transactions, anti-corruption, whistleblowing, information disclosure, investor relations, human rights, data privacy, and intellectual property.
- Established stakeholder engagement policy and guidelines for various stakeholder groups (shareholders, employees, customers, suppliers, contractors, joint venture partners, creditors, community, government agencies, media, civil society, academia, opinion leaders, and competitors).
- Implemented policies on diversity and inclusion, dividend distribution, supplier code of conduct, antitrust, procurement, and vendor selection.
- Developed SCG Environment and Climate Policy.
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- SCG Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Principles of Good Corporate Governance for Listed Companies 2012 (Stock Exchange of Thailand), Corporate Governance Code for Listed Company 2017 (Securities and Exchange Commission), ASEAN Corporate Governance Scorecard