Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• The company complies with environmental regulations and has not experienced any pollution issues.
• Waste materials are collected and sold to recyclers.
• Used machine lubricating oil is properly stored and disposed of by a waste treatment operator.

Social Achievements

• Employee wellbeing initiatives include accident prevention training, annual health checkups, and annual company trips and parties (if performance allows).
• The company supports employee education and personal financial needs through loans.
• The company supports community development through various initiatives such as road repairs, educational support for local schools, and temple donations.

Governance Achievements

• Established a Nomination and Remuneration Committee.
• Established a Corporate Governance Committee.
• Implemented a Code of Business Conduct.

Climate Goals & Targets

Environmental Challenges

• Fluctuation in raw material prices.
• Credit risk from customers.
• Dependence on major raw material suppliers.
• Fluctuation in exchange rates.
• Changes in competition laws.

Mitigation Strategies

• Cost-plus pricing policy.
• Strict credit assessment and monitoring.
• Diversification of raw material sourcing (domestic and international).
• Forward contracts to mitigate exchange rate risk.
• Careful sourcing and import of quality raw materials from diverse countries.

Supply Chain Management

Responsible Procurement

• Sourcing from multiple suppliers, both domestic and international, to mitigate risk.

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• The company complies with environmental regulations set by the district office. The Ministry of Industry's Department of Industrial Works inspected the factory and environment, finding the company met standards and caused no environmental problems. The company has never experienced any pollution issues related to noise, air, toxic substances, or wastewater.

Social Achievements

• The company provides various welfare benefits to employees, including accident insurance, a retirement savings fund, and annual health checkups. The company also organizes annual company trips and year-end parties (when business performance is good). The company has a clear safety policy and a safety committee to prevent workplace accidents. Employee training programs are conducted regularly.

Governance Achievements

• Established a Nomination and Remuneration Committee, Audit Committee, and Corporate Governance Committee. Implemented policies and procedures for related party transactions, ensuring transparency and fairness. Regularly reviews and updates its corporate governance policies and practices.

Climate Goals & Targets

Environmental Challenges

• Fluctuation in raw material prices (steel), credit risk from customers, reliance on major steel producers, changes in competition laws, fluctuations in exchange rates.
• Major shareholder group holding more than 50% of shares, potentially limiting other shareholders' influence.

Mitigation Strategies

• Cost-plus profit pricing policy, close monitoring of raw material prices, diversification of suppliers (including international sourcing), hedging strategies for exchange rate risk, forward contracts.
• Robust corporate governance structure with independent directors and committees to oversee management, transparent related party transaction policies, and a whistleblower mechanism.

Supply Chain Management

Responsible Procurement

• Sourcing from multiple suppliers domestically and internationally to mitigate risk.

Climate-Related Risks & Opportunities