Samart Digital Public Company Limited
Climate Impact & Sustainability Data (2021, 2022, 2023)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- Social Responsibility
- Environmental Responsibility
Environmental Achievements
- Reduced water consumption from 126,299.80 Baht in 2019 to 24,386.99 Baht in 2021
- Reduced electricity consumption from 4,662,265.22 Baht in 2019 to 541,952.33 Baht in 2021
- Reduced fuel consumption from 1,451,469.54 Baht in 2019 to 276,776.00 Baht in 2021
- Reduced paper usage from 515 reams in 2019 to 420 reams in 2021
- Implemented waste reduction programs (Plastic Bag Use Reduction, E-waste Disposal, Recycling)
Social Achievements
- Provided average human resource development time of 8 hours/person/year in 2021
- No cases of human rights violations or unfair treatment of workers
- No occupational safety and health incidents at the workplace
- Various CSR activities including blood drives, crocheting for charity, Braille book production, and donations to hospitals and underprivileged children
- Support for COVID-19 relief efforts including funding for hospitals and providing medical supplies
Governance Achievements
- Achieved an "Excellent" (5 stars) rating in the 2021 Corporate Governance Report
- Implemented a robust anti-corruption policy
- Established various committees (Audit, Corporate Governance, Risk Management, Executive, Nominating & Compensation, Sustainable Development) to oversee operations
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impacting business activities, leading to project delays and revenue decrease
- Risks from counterparty default in Digital Trunked Radio System projects
- Foreign currency risk from imports
- Interest rate risk from loans
- Expected credit losses from trade accounts receivable
- Guarantee to subsidiary companies
- Ability to pay debts due to net losses
- Maintaining financial ratios as stipulated in loan agreements
- Legal dispute with TOT Public Company Limited
Mitigation Strategies
- Debt restructuring agreements
- Issuance of convertible debentures
- Business transformation into full digital services
- Hedging foreign currency exposures
- Close monitoring of financial market and foreign exchange
- Close monitoring of interest rates
- Allowance for expected credit losses
- Negotiation with banks for revised repayment structures
- Continuous monitoring of subsidiaries’ financial positions
- Implementing business continuity management plans
- Personnel development policy to enhance employee skills
- Risk management integrated into employee performance evaluation
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2022
Environmental Metrics
Total Energy Consumption:68,142.04 kWh/year (Software Park Building only)
Water Consumption:620.33 m3/year (Software Park Building only)
ESG Focus Areas
- Good governance
- Risk management
- Social responsibility
- Environmental impact reduction
Environmental Achievements
- Reduced water consumption from 785.28 cubic meters in 2020 to 620.33 cubic meters in 2022
- Reduced fuel consumption and travel expenses from 936,182.58 Baht in 2020 to 222,516.34 Baht in 2022
- Reduced paper consumption from 450 reams in 2020 to 190 reams in 2022
Social Achievements
- No cases or complaints regarding human rights violations or unfair treatment of workers
- Average human resource development time of 6 hours/person/year in 2022
- Various CSR activities including blood drives, donations to charities, and volunteer projects
Governance Achievements
- Achieved "Excellent" (5 stars) in the 2022 Corporate Governance Report
- Established written Corporate Governance Policy and Business Ethics
- Implemented anti-corruption policies and training
Climate Goals & Targets
Environmental Challenges
- Global economic slowdown
- Underperformance of the Chinese economy
- Tighter financial conditions
- Ukraine-Russia war
- Worsening geopolitical tensions
- Deglobalization trends
- High inflation rate
- Supply chain issues
- Negative impact from the spread of COVID-19
- Inability to maintain certain financial ratios stipulated in loan agreements
- Legal dispute with TOT Public Company Limited
Mitigation Strategies
- Debt restructuring
- Issuance of convertible debentures
- Negotiation with financial institutions for waivers and repayment structure revisions
- Financial support from parent company
- Business alliance agreements to increase capability in providing DTRS services
- Negotiations with customer groups to offer services
- Continuous monitoring of ongoing developments and assessment of financial impact
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:67,441.48 KWh (2023)
Water Consumption:513.72 m3 (2023)
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
Environmental Achievements
- Reduced water consumption from 654.67 cubic meters in 2021 to 513.72 cubic meters in 2023.
- Replaced all T8 bulbs with LED bulbs, saving up to 50% electricity compared to the beginning of the project.
- Reduced fuel consumption and travel expenses from 276,776.00 Baht in 2021 to 250,586.52 Baht in 2023.
- Reduced paper consumption from 420 reams in 2021 to 315 reams in 2023 through digitalization.
- Implemented waste reduction initiatives, including recycling programs and donation of reusable items, resulting in the conversion of 700 kg of old clothes into refuse-derived fuel.
Social Achievements
- Donated 2,731 sets of computers and accessories to foundations and needy schools.
- Donated 1,000 old calendars to be made into Braille books for the blind.
- Donated 288 pairs of shoes to the Yuvabadhana Foundation for scholarships.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Reduce all types of energy and resources consumption by 5% by 2027 compared to 2019.
Environmental Challenges
- COVID-19 pandemic slowed down economic activity, impacting new projects and service provision.
- Not disclosed
Mitigation Strategies
- Restructured business operations, closed unprofitable businesses, and reorganized workforce.
- 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