Climate Change Data

Environmental Metrics

ESG Focus Areas

• Social Responsibility
• Environmental Sustainability

Environmental Achievements

• Reduced fuel consumption through efficient route planning and minimized empty vehicle trips.
• Adoption of STILL forklifts with Blue-Q System, reducing energy consumption by 30-40%.
• Reduced carbon emissions by approximately 1,040-1,188 tons through the use of STILL forklifts.

Social Achievements

• Employment of people with disabilities in accordance with government guidelines.
• Compliance with maternity leave regulations for pregnant employees.
• Implementation of employee welfare programs (e.g., providing drinking water, improving landscaping, providing reading materials, recreational facilities).

Governance Achievements

• Establishment of a CSR Committee to oversee social and environmental responsibilities.
• Implementation of a robust internal control system to prevent fraud and irregularities.
• Compliance with the Code of Best Practices for listed company directors.

Climate Goals & Targets

Environmental Challenges

• Fluctuations in foreign exchange rates.
• Volatility in metal prices and competition from cheaper imports.
• Economic slowdown impacting investment in construction.
• Risks associated with providing credit to customers.
• Potential for equipment accidents.

Mitigation Strategies

• Use of currency forward contracts to hedge against exchange rate risks.
• Close monitoring of raw material prices and adjustment of sales strategies.
• Diversification of funding sources (e.g., issuing bills of exchange).
• Strict credit monitoring and regular review of customer financial status.
• Regular equipment maintenance, employee training, and insurance coverage.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Thai Financial Reporting Standards

Certifications: ISO 9001:2008 (TCJ and Big Crane)

Third-party Assurance: Pitsevi Co., Ltd.

Sustainable Products & Innovation

• STILL forklifts

Awards & Recognition

• CSR-DIW Award (Toyo Millennium)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced carbon emissions by an estimated 650-1200 tons (CO2 eq) through the use of energy-efficient forklifts.
• Toyo Millennium Co., Ltd. participated in a carbon footprint measurement program.

Social Achievements

• Employs people with disabilities.
• Provides maternity leave for pregnant employees.
• Conducts safety training programs (fire drills, crane operation).

Governance Achievements

• Implemented a new code of ethics and conduct in 2014.
• Established a safety, occupational health, and environmental committee.
• Independent audit of internal controls.

Climate Goals & Targets

Environmental Challenges

• Economic slowdown in Thailand and globally.
• Delays in government infrastructure projects.
• Fluctuations in metal prices.
• Exchange rate risks.
• Interest rate risks.
• Credit risk from customers.
• Potential risks from accidents involving machinery.

Mitigation Strategies

• Internal restructuring and strategic management.
• Business and marketing plans.
• Hedging strategies for exchange rate and interest rate risks.
• Close monitoring of customer financial status and creditworthiness.
• Regular safety inspections and employee training.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Thai Financial Reporting Standards

Certifications: ISO 9001:2015 (TCJ and Big Crane)

Third-party Assurance: Pitisevi Co., Ltd.

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Toyo Millennium Co., Ltd. received ISO 14001:2015 certification.
• Implemented measures to reduce, reuse, and recycle waste.
• Improved energy efficiency, resulting in reduced electricity consumption.

Social Achievements

• Provided employee training programs on various topics, including safety and social responsibility.
• Implemented COVID-19 prevention measures and provided healthcare support to infected employees.
• Engaged in community activities (prior to COVID-19 pandemic).

Governance Achievements

• Established a robust internal control system and regular internal audits.
• Appointed an independent audit committee.
• Implemented policies to combat corruption and money laundering.

Climate Goals & Targets

Environmental Challenges

• Economic slowdown in Thailand and globally.
• Delays in government infrastructure projects.
• Fluctuations in raw material prices (metals).
• Fluctuations in exchange rates.

Mitigation Strategies

• Closely monitored exchange rate fluctuations and used forward contracts to mitigate risks.
• Adjusted marketing strategies to adapt to changing market conditions.
• Secured sufficient funding sources at low cost.
• Implemented stricter credit risk management policies.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• CSR Award from the Department of Industrial Works