Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced waste from work processes, leading to lower production costs
• Improved spaces within and around factories to ensure workplace safety and environmental friendliness
• Reduced diesel fuel consumption by reducing the use of diesel-fuel forklifts to electric forklifts
• Reduced LPG gas usage per production through machinery improvements and furnace insulation modifications
• Reduced electricity consumption per production through equipment replacement and maintenance
• Installed a solar rooftop power generation system, generating 2,398 kilowatt-hours of electricity in 2021
• Reduced water consumption and increased treated water reuse in production systems
• Systematically managed garbage and waste in accordance with the 3R (Reduce, Reuse, Recycle) principle
• Greenhouse gas emissions reduced by 1,455.004 Ton CO2eq through accredited projects

Social Achievements

• Continued to prevent the spread of COVID-19 in factories and offices through various measures (work from home, screening, social distancing, etc.)
• Adhered to human rights principles in employment, compensation, promotion, and training, supporting employment of disadvantaged groups
• Organized 19 internal training courses, with an average of 23 training hours per employee per year
• Employee turnover rate decreased to 4.9% in 2021
• Engaged in community activities such as donating to schools and temples, providing community services, and supporting local businesses

Governance Achievements

• Established a corporate sustainability framework covering ESG aspects
• Established a corporate governance policy with clear leadership roles and responsibilities
• Established an anti-corruption policy and guidelines
• Joined Thailand's Private Sector Collective Action Coalition Against Corruption (CAC)
• Established sub-committees for auditing, nomination, and remuneration
• Implemented measures to prevent conflicts of interest, exploitation of internal information, and corruption
• Provided channels for whistleblowing

Climate Goals & Targets

Environmental Challenges

• Risk from the transition of technology to electric vehicles
• High risk of competition
• Risk from relying on the joint venture
• Risk from relying on a few customers
• Risk factors from raw material price fluctuation (especially lead and plastic)
• Risk from management of environment and safety at work
• Risk from natural disaster and man-made disaster (floods)
• Risk from security of information technology
• Risk of health from COVID-19
• Risk factors from income and expenses in foreign currency
• Credit risk factor for the company's domestic customers
• Compliance risk

Mitigation Strategies

• Requesting products from the parent company or affiliates if battery demand increases
• Improving production technology, controlling production loss, reducing waste, developing new products, maintaining relationships with suppliers and customers, finding new distribution channels, importing batteries from affiliates, reducing product prices
• Renewing technology transfer agreements with the joint venture, diversifying battery sources for export markets
• Finding new customers for automobile and motorcycle battery markets, developing new battery types
• Controlling usage and storage of lead, entering into short-term agreements with suppliers, closely monitoring raw material prices
• Providing waste treatment procedures, continuous maintenance, installing safety equipment, providing safety training and emergency plans
• Improving factory drainage, preparing sandbags and water pumps, preparing database backup systems
• Setting up a security information technology system, installing virus-preventing programs, requiring passwords for login
• Encouraging employees to receive COVID-19 vaccines, checking body temperature, providing hand sanitizer, enforcing social distancing, supporting work from home
• Planning international sales in baht currencies, reserving for currency fluctuation, improving currency standard value in selling price estimation, implementing risk prevention policy from currency rate fluctuation
• Selling products by cash for new customers initially, closely monitoring customer debt repayment ability
• Assigning the Legal Department to collect and register related laws, reviewing revised laws, ensuring compliance with laws

Supply Chain Management

Responsible Procurement

• Good and long-lasting relationship with sellers
• Transparency and fairness to trading partners
• Anti-corruption policy

Climate-Related Risks & Opportunities

Physical Risks

• Floods

Transition Risks

• Transition to electric vehicles

Sustainable Products & Innovation

• Maintenance-free batteries