Climate Change Data

Sikarin Public Company Limited

Climate Impact & Sustainability Data (2023, 2024)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Sustainability
  • Environmental
  • Social
  • Governance
  • Bio-Circular-Green Economic (BCG) model

Environmental Achievements

  • Policies to adopt materials and equipment related to global warming reduction and use of renewable energy in the Company's management
  • Policy on carbon dioxide emissions in its business management to help reduce carbon society

Social Achievements

  • Various activities to help society, such as joining hands with the Children's Heart Foundation
  • Provision of mobile hospitals, services in factories, focusing on disadvantaged groups
  • Collaboration with Chulalongkorn Business School to develop staff skills and develop Service Blueprint

Governance Achievements

  • Renewal of Thai Private Sector Collective Action Against Corruption (CAC) membership
  • Establishment of guidelines and clear communication to executives and employees at all levels of the organization on anti-corruption

Climate Goals & Targets

Long-term Goals:
  • Growth target of 10-12% on average continuously
  • Development of Digital and Premium international credit hospitals
  • Health Plus project: Collaboration with establishments with more than 500 social security employees
Medium-term Goals:
  • Growth of social security, which will grow both the number of insured persons and the income per insured person per year
  • Sikarin Connect: Nationwide health check-ups for insured persons
  • Sikarin Academy: Collaboration with Chulalongkorn Business School to develop staff skills
Short-term Goals:
  • Expanding the hospital's capacity with the opening of Excellent Center
  • Development of various products used in hospitals, including skin care products
  • Development of the number of beds from 654 to 874 beds within 2 years

Environmental Challenges

  • Higher cost of medical supply, medicines, and medical supplies; Staff costs have increased due to the current shortage of medical personnel
  • Increased competition from more hospitals in the vicinity
  • Problems with the services of the nursing system, including buildings, facilities (patient rooms)
Mitigation Strategies
  • Adjusting statutory wage rates to ensure competition
  • Collaboration with Chulalongkorn Business School to develop staff skills and develop Service Blueprint to provide services equivalent to 5-star hotels
  • Opening of Excellent Center and 24-hour Sikarin service
  • Quality center which accepts complaints and sends them to management for analysis and improvement

Supply Chain Management

Responsible Procurement
  • Policies to adopt materials and equipment related to global warming reduction

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ESG100

Awards & Recognition

  • Best Employer award
  • ESG 100 by Thaipat Institute (3 consecutive years)

Reporting Period: 2024

Environmental Metrics

ESG Focus Areas

  • Good corporate governance
  • Risk management
  • Responsible supply chain management
  • Human rights
  • Labor practices
  • Human resource development
  • Community engagement
  • Water conservation
  • Energy efficiency
  • Renewable energy
  • Waste management

Climate Goals & Targets

Supply Chain Management

Responsible Procurement
  • Support the procurement and procurement of environmentally friendly goods and services, including encouraging suppliers, contractors, and external service providers to provide environmentally friendly services.

Climate-Related Risks & Opportunities