Climate Change Data

Buriram Sugar Public Company Limited

Climate Impact & Sustainability Data (2021, 2023)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:2,673,673 tCO2e/year (direct) and 759.91 tCO2e/year (indirect) in 2023; 415.37 tCO2e/year (direct) and 1,112.5 tCO2e/year (indirect) in 2024
Total Energy Consumption:515,019 KWh/year (Biomass)
Water Consumption:2,049,867 m3/year (2023); 1,040,650 m3/year (2024)
Waste Generated:5,180 tons/year (general waste) in 2023; 5,797 tons/year (general waste) in 2024; 8.47 tons/year (hazardous waste) in 2023

ESG Focus Areas

  • Economic
  • Social
  • Environmental
  • Governance

Environmental Achievements

  • Began producing unbleached bagasse pulp, a biodegradable material that decomposes within 45 days.
  • Implemented 3R (Reduce, Reuse, Recycle) initiatives for water management.

Social Achievements

  • Collaborated with The Zoological Park Organization on the construction of the Eastern Sarus Crane Reservation & Learning Center.
  • Provided COVID-19 vaccines to employees and built a community isolation center.
  • Implemented various community development projects, including supporting community enterprises and skill development programs.
  • Consistently received an “Excellent” rating for corporate governance for four consecutive years.

Governance Achievements

  • Consistently received an “Excellent” rating for corporate governance for four consecutive years (average score of 94%), exceeding the average score of overall listed companies on the Stock Exchange of Thailand.
  • Established a whistleblowing channel for receiving complaints and suggestions.
  • Maintained compliance with anti-corruption policies and regulations.

Climate Goals & Targets

Medium-term Goals:
  • Achieve free-foam markets in Buriram by 2025.
Short-term Goals:
  • To become a leader in GHG reduction in Buriram Province by 2025.

Environmental Challenges

  • Economic slowdown and the COVID-19 pandemic.
  • Environmental challenges related to pollution and waste management.
Mitigation Strategies
  • Implemented measures to reduce greenhouse gas emissions.
  • Implemented measures to reduce air pollution.
  • Implemented measures to manage industrial waste.
  • Implemented 3R initiatives for water management.
  • Collaborated with government agencies and communities to address challenges.

Supply Chain Management

Responsible Procurement
  • Emphasis on fair and transparent purchasing practices
  • Selection of suppliers who comply with labor laws and regulations

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001:2015, HACCP, HALAL, ISO 14001:2015 (in process), FSSC20002, TIS, FDA

Sustainable Products & Innovation

  • Unbleached bagasse pulp

Awards & Recognition

  • Thailand Sustainability Investment (THSI) 2020
  • Outstanding award in Alternative Energy category from Thailand Energy Awards 2020 (BPP)
  • Consecutive Ministry of Labor’s Outstanding Organization Awards on Safety, Occupational Health and Favorable Environmental Workplace (2016-2018)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Renewal of Carbon Reduction Certificate Footprint of sugar products and establishing a carbon footprint at the corporate level
  • Reducing Cane Burning and Increasing Fresh Cane Procurement (86% in 2023, target 90-99% in 2024)
  • Buriram Sugar Factory Company Limited (BSF) achieved Green Industry Level 3 (Green System) certification

Social Achievements

  • Increasing employment of disabled persons in local areas through a network of 10 Subdistrict Health Promoting Hospitals

Governance Achievements

  • Consistently received an "Excellent" rating in the Corporate Governance Rating (CGR) for six consecutive years
  • Certified as a member of the Private Sector Collective Action Coalition Against Corruption (CAC) for the second time in March 2024

Climate Goals & Targets

Medium-term Goals:
  • Achieve operational goals to reduce the carbon footprint within the year 2027
Short-term Goals:
  • Purchase fresh sugarcane at a rate of 90-99% in 2024

Environmental Challenges

  • Flooding in the third quarter of 2022 caused damage to sugarcane, the main raw material for sugar production
  • Volatility in the sugar business
  • Importing raw materials for wood pellet business
Mitigation Strategies
  • Expanding into new businesses such as the wood pellet business to reduce risks from volatility in the sugar business
  • Developing and improving production processes to reduce energy usage and develop downstream businesses to utilize all parts of the sugarcane raw material
  • Focusing on key financial ratios and utilizing new financial tools to drive sustainable and steady growth

Supply Chain Management

Responsible Procurement
  • Sustainable sourcing of sugarcane (reducing cane burning)
  • Sustainable sourcing of wood for wood pellets (using degraded forests and replanting)

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Drought
Opportunities
  • Carbon credits from reforestation
  • Development of energy-efficient products

Sustainable Products & Innovation

  • Bagasse pulp production using Organic Process (chemical-free)
  • Bagasse packaging

Awards & Recognition

  • "Excellent" Corporate Governance Report (CGR) rating for 2023 (6th consecutive year)
  • CSR DIW Award 2023