Business Alignment Public Company Limited
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Energy Consumption:59,258 units (2022)
Water Consumption:5,704 units (2022)
ESG Focus Areas
- Corporate Governance
- Social Responsibility
- Environmental Stewardship
Environmental Achievements
- Reduced electricity consumption from 69,851 units in 2020 to 59,258 units in 2022.
- Reduced water consumption from 6,128 units in 2021 to 5,704 units in 2022.
- Adopted digital technology for meetings to reduce paper consumption.
- Encouraged data collection by scanning documents instead of using hard copies.
- Encouraged email communication instead of paper documents.
- Supported and used environmentally conscious products and refillable packaging.
Social Achievements
- Implemented a Code of Business Conduct manual and Anti-Corruption Policies.
- Provided training and knowledge development for executives and employees.
- Focused on fair treatment of employees in employment, promotion, and compensation.
- Emphasized respect for employee individuality and diversity.
- Focused on enhancing employee quality of life.
- Established good working conditions, ensuring safety and equality in the workplace.
- Supported various community initiatives related to cancer patients (Art for Cancer, Survivor Planner).
Governance Achievements
- Implemented a system for maintaining efficient corporate governance and preventing conflicts of interest.
- Conducted audits by certified public accountants and internal control system auditors.
- Established channels for employees and stakeholders to express opinions and complaints (independent directors, company secretary).
Climate Goals & Targets
Environmental Challenges
- Greenhouse gas emissions from energy consumption (in early stages of data collection and strategy development).
Mitigation Strategies
- Early stages of reviewing data collection to define goals, approaches, and strategies to reduce future greenhouse gas problems.
Supply Chain Management
Responsible Procurement
- Compliance with commercial terms; adherence to legal frameworks; anti-corruption measures; fair treatment of trade partners.
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
Total Energy Consumption:61,293 Units/year
Water Consumption:5,547 Units/year
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced electricity consumption by 2% compared to 2022 (target surpassed for water usage)
- Replaced desktop computers with laptops, reducing electricity consumption by approximately 70% per computer
Social Achievements
- Reduced employee turnover rate from 17.24% in 2022 to 13.79% in 2023
- Increased average employee training hours per year from 10.12 in 2022 to 16.67 in 2023 (exceeded target of 12 hours)
Governance Achievements
- Scored in the “Excellent” level in the Corporate Governance Report of Thai Listed Companies 2023 conducted by the Thai Institute of Directors (IOD)
- Established clear policies, criteria, and procedures for director selection and remuneration determination
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Reduce energy consumption by at least 10% from 2021 within 5 years (by 2026)
Short-term Goals:
- Reduce electricity and water consumption by no less than 2% compared to 2022
Environmental Challenges
- Dependency on key manufacturer (Varian)
- Increase in competition
- Revenue recognition in accordance with accounting standards (project-based work)
- Major customer being public hospitals (budget allocation)
- Niche nature of the business
- Compliance with applicable policies, laws, and regulations
- Dependency on key directors
- Fluctuations in the foreign exchange rate
- Entering into loan agreements
- Climate change
Mitigation Strategies
- Strong performance and long-term relationship with Varian
- Differentiation through service quality and efficient work processes
- Adherence to scheduled time frames in project management
- Diversification of revenue streams (maintenance services)
- Anticipation of continued demand due to insufficient radiotherapy machines in Thailand
- Communication with employees, monitoring of changes in regulations, and meticulous monitoring of licenses
- Decentralization of decision-making, inclusion of honorary directors
- Currency hedging (forward contracts)
- Short-term loans (not exceeding 6 months)
- Property insurance covering natural disasters
Supply Chain Management
Responsible Procurement
- Transparent processes and criteria for selecting suppliers
- Adherence to code of conduct regarding suppliers and competitors
Climate-Related Risks & Opportunities
Physical Risks
- Flooding
Reporting Standards
Frameworks Used: SET’s sustainability reporting guide for listed companies, UN Sustainable Development Goals (SDGs)
Certifications: EN ISO13485:2016
UN Sustainable Development Goals
- 3
- 4
- 5
- 6
- 8
- 9
- 10
- 11
- 12
- 13
- 17
The Company’s business practices align with the Company’s vision and mission, and the disclosure of the Company’s sustainability information complies with the SET’s sustainability reporting guide for listed companies.
Awards & Recognition
- SMEs Excellence Awards 2017: Silver Award
- Special Recognition under Rising Star Awards 2018
- The Outstanding Executive of the Year 2018
- SET Awards 2022