Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility (CSR)
• Occupational Health, Safety and Environment (HSE)
• Anti-Corruption

Environmental Achievements

• Implemented Occupational Health, Safety and Environmental Management System conforming to OHSAS 18001:2007, TIS 18001:2011 and ISO 14001:2004 standards.
• Achieved 1,000,000 man-hours without Lost Time Incident at Latkrabang SPP Power Plant.
• Achieved 3,042,648 man-hours without Lost Time Incident at DAP NO.2-VINACHEM project.
• Achieved 1,000,000 man-hours without Lost Time Accident at Bangpoo SPP Power Plant.
• Achieved 7,000,000 man-hours without Lost Time Accident at CHP II project.
• Achieved 5,000,000 man-hours without Lost Time Incident at Ras Abu Fontas A2 Desalination Project.
• Implemented Waste and Hazardous Waste Management Plan based on 3R principle (Reduce, Reuse, Recycle).

Social Achievements

• Organized TTCL Sports Day to build interpersonal relationships and unity.
• Held a New Year Staff Party for management and employees.
• Provided a child care room with baby sitters.
• Provided a nursing room with doctors and nurses.
• Provided a Muslim prayer room.
• Conducted “Healthy TTCL Program phase II” for employee well-being.
• Provided exercise facilities and activities.
• Supported various community projects (Children's Day activities, blood donation drives, donations to various charities, etc.).
• Average training hours per employee: 10.45 hours/person.

Governance Achievements

• Established and implemented Good Corporate Governance Policy.
• Established and implemented Anti-Corruption Policy and joined Thailand's Private Sector Collective Action Coalition Against Corruption (CAC).
• Established Audit Committee, Nomination and Remuneration Committee, Risk Management Committee, and Corporate Governance Committee.
• Implemented whistle-blowing measures and complaint-filing channels.
• Conducted self-assessments of the Board of Directors and subcommittees.

Climate Goals & Targets

Environmental Challenges

• Risk from large project execution (domestic and international).
• Risk from delayed project handover to customers.
• Risk of inexperienced project types.
• Financial risks (joint venture income, capital adequacy, fund commitment, cash flow problems).

Mitigation Strategies

• Analysis of risk factors before bidding on projects.
• Close monitoring of project progress by Planning and Project Control Division.
• Collaboration with specialists and experienced contractors.
• Careful selection of projects and co-investors.
• Strict monitoring of project revenue and expenditure.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Thai Financial Reporting Standards, The Stock Exchange of Thailand (SET) regulations, Corporate Governance Report of Thai Listed Companies (CGR), ASEAN Corporate Governance Scorecard, The Office of Securities and Exchange Commission (SEC) regulations, OHSAS 18001:2007, TIS 18001:2011, ISO 14001:2004, ISO 9001:2008

Certifications: OHSAS 18001:2007, TIS 18001:2011, ISO 14001:2004, ISO 9001:2008

Third-party Assurance: PricewaterhouseCoopers ABAS Limited

Sustainable Products & Innovation

• Investment in renewable energy (solar power).
• Municipal waste management project (Waste to Energy).

Awards & Recognition

• Platinum level certificate from IRPC Public Company Limited for 7,944,745 man-hours without LTA.

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Occupational Health, Safety and Environment
• Corporate Social Responsibility (CSR)
• Anti-Corruption

Environmental Achievements

• Certified with ISO 9001:2008, ISO 14001:2004 and TSI 18001:2011 by Intertek Industry and Certification Services (Thailand) Co., Ltd.
• Accumulated 11,345,068 Working Man-Hours without an Accident at IRPC CHP II Project
• Cleaned Out on Public Road Project
• Conserve and Mangrove Forests Project (999 trees planted)

Social Achievements

• Provided various welfare to its employees, such as health insurance, life insurance, personal accident insurance, annual health check-up, and in-house medical and nursing treatment.
• Provided financial aid to its employees in various cases, such as wedding, childbirth, ordination, death of close relatives and natural disasters.
• Employees attended courses and trainings for an average of 17.04 hours/person/year.
• Injury Frequency Rate (I.F.R.) at 0.10 case per 200,000 working hours
• Supported Social and Community such as equipment, food, educational materials, toys, books and bookshelf, including employees’ assistance.
• Blood Donation Project
• Platelets Donation Project
• Walk-Run for Health Project
• Unusable Office Equipments Donation Project
• Volunteer for the Patients Project
• Valuable Aluminium for Disabled Project
• The Set of Computer Handover
• Children’s Day Project

Governance Achievements

• Scored full 100 points for the 2016 annual general meeting of shareholders (AGM Checklist) by Thai Investors Association (TIA).
• Rated “Excellent” according to Corporate Governance Report of Thai Listed Companies (CGR 2016) by the Thai Institute of Directors (IOD).
• Certified membership from the Thailand’s Private Sector Collective Action Coalition Against Corruption (CAC).
• Established Anti-Corruption policy and conducted Corruption Risk Assessment.
• Established whistle-blowing channels for employees and external stakeholders.

Climate Goals & Targets

Environmental Challenges

• Decline in both EPC and Operation of Power Plant Revenues due to project delays (especially overseas projects) and unplanned shutdown of power plant.
• Weak global economy recovery together with the slowdown of investment in oil industry.
• Financial risks (currency exchange, joint venture income, capital adequacy, fund commitment, cash flow).
• Risks from large project execution both domestic and international projects.

Mitigation Strategies

• Market plan to increase proportion of service for clients in other industries such as chemical, bio-energy and other renewable energy industries and co-invested in the project.
• Analyze risk factors before bidding in each project and determine control measure to minimize and control those risks.
• Policy in execution of oversea project is to aligned with local partner.
• Appropriate selective screening regarding to the projects and co-investor before investment.
• Manage currency exchange risk by means of Natural Hedge or Currency Forward Contracts.
• Closely monitor work progress against financial targets to control project’s revenues and expenses.

Supply Chain Management

Responsible Procurement

• Select suppliers/contractors following company procedure unless specifying in the contract.
• Successful partners will be evaluated on the basis of price, quality of goods and services, satisfactory performance records, etc.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Thai generally accepted accounting principles under the Accounting Act BE 2543, Accounting Standards issued under the Accounting Profession Act BE 2547, Securities and Exchange Commission under the Securities and Exchange Act

Certifications: ISO 9001:2008, ISO 14001:2004, TSI 18001:2011, OHSAS 18001:2007

Sustainable Products & Innovation

• Fuel Cell Technology for industrial plants
• Municipal waste management project to convert MSW to electricity

Awards & Recognition

• Full 100 points for the 2016 annual general meeting of shareholders (AGM Checklist) by Thai Investors Association (TIA)
• Rated “Excellent” according to Corporate Governance Report of Thai Listed Companies (CGR 2016) by the Thai Institute of Directors (IOD)
• Certified membership from the Thailand’s Private Sector Collective Action Coalition Against Corruption (CAC)