Climate Change Data

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