Climate Change Data

บริษัท วงศ์บัณฑิต จำกัด

Climate Impact & Sustainability Data (2022, 2024)

Reporting Period: 2022

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:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Received Carbon Footprint labels for all products.
  • Established environmental management systems in Udon Thani and received various environmental certifications and awards.
  • Implemented projects to reduce energy consumption and carbon emissions (Solar cell spotlight, factory VSN sets, etc.) resulting in significant cost savings.

Social Achievements

  • Launched various CSR activities both internally and externally.
  • Emphasized fair labor practices and employee well-being initiatives.
  • Supported community development projects (e.g., planting Napier grass).

Governance Achievements

  • Established a Sustainability department.
  • Implemented good corporate governance policies and anti-corruption measures.
  • Joined the Collective Anti-Corruption Coalition (CAC).

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce energy consumption by 5% by 2027.

Environmental Challenges

  • Economic fluctuations affecting rubber prices and production costs.
  • Supply chain disruptions.
  • Potential for accidents and emergencies.
  • Shortage of labor.
  • Climate change and extreme weather events.
  • Cyberattacks.
  • Pandemics (e.g., COVID-19).
Mitigation Strategies
  • Implemented strategies for managing raw material supply (quantity and price), including forward contracts and financial hedging.
  • Developed diverse customer base globally.
  • Improved supply chain management and supplier audits.
  • Implemented occupational health and safety plans, including regular health checkups and emergency preparedness programs.
  • Developed a business continuity management system (BCM) including Business Continuity Plans (BCP) and Incident Management Plans (IMP).
  • Implemented measures to mitigate risks from COVID-19, including virtual online systems, video conferencing, and safety protocols.
  • Developed contingency plans for natural disasters and cyberattacks.

Supply Chain Management

Supplier Audits: Annual

Responsible Procurement
  • Fair and transparent purchasing practices
  • Supplier Code of Conduct
  • Support for sustainable practices
  • Use of VON CONNECT and RUBBER WAY applications

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: ISO 14001, ISO 45001, ISO 9001, ISO/IEC 17025:2017, ISO 26000:2010, FSC-CoC, Halal

Certifications: ISO 14001:2015, ISO 45001:2018, ISO 9001:2015, ISO/IEC 17025:2017, FSC-CoC, Halal

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Yokohama Supplier Award
  • Sumitomo Rubber Supplier Award
  • Good Year Best Processor Award
  • Good Year Supplier Partnership Award
  • Pirelli Supplier Award
  • Prime Minister’s Export Award
  • Outstanding Agricultural Export Award (China)
  • Petch Panich Award
  • CSR-DIW Continuous Award
  • Green Industry Award (Level 4)
  • COVID FREE SETTING certification

Reporting Period: 2024

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities