Climate Change Data

Environmental Metrics

ESG Focus Areas

• Governance
• Human Rights
• Fair Labor Treatment
• Occupational Health and Safety
• Environmental Care and Management
• Energy Management
• Community Development
• Customer Liabilities
• Innovation

Environmental Achievements

• Reduced industrial water consumption per unit by 1.5% of the amount of water from natural resources.
• Reduced water consumption in the manufacturing process by 40% by initializing eco-friendly dyeing technology.
• Improved the effectiveness of the sedimentation system of the sewerage system and soft water system to enhance the quality of treated wastewater for reuse by an increase of 20%.
• Achieved zero waste landfill since 2010.
• Recycled more than seven hundred million wasted plastic bottles by 2019.
• Reduced total energy consumption per unit of production by 8,497,818 MJ/year, saving 3,709,166 baht and reducing greenhouse gas emissions by 661 tons of CO2.

Social Achievements

• Consistently implemented Thai Labor Standards (TLS 8001) for 14 consecutive years.
• Provided various employee wellbeing initiatives including health programs, yoga classes, influenza vaccinations, blood donation drives, retirement activities, and various celebrations.
• Offered 80 scholarships per year to employees’ children.
• Supported community projects such as scholarships for Wat Prai Fa School, the “Drawing a Dream” project, community product support, a garbage bank project, computer donations, and carpet donations to schools.

Governance Achievements

• Operates business on a fair basis adhering to corporate governance and business transparency and accountability.
• Maintained membership in the Collective Action Coalition Against Corruption (CAC) since 2016.
• Implemented a comprehensive anti-corruption policy covering various aspects of business operations.
• Established whistleblowing and enquiry channels.

Climate Goals & Targets

Environmental Challenges

• Wastewater discharge from yarn dyeing process.
• Air pollution from various sources.
• Energy consumption in production and utilities.

Mitigation Strategies

• Implemented standardized wastewater treatment systems, improving production processes and applying clean technology.
• Improved air quality control and management system, monitoring and surveilling air pollution emissions.
• Implemented energy conservation projects, including LED lighting, power factor improvement, temperature control, and SCADA system for energy monitoring and control.

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: ISO 9001, ISO 14001, ISO 50001, OHSAS 18001 (transitioning to ISO 45001), TLS 8001, AEO, CRI: Green Label Plus, NSF140, CE-Mark, IMO FTPC, Singapore Green Label, Carbon Footprint, ECS, Singapore Green Building Product

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• EcoSoft® carpet backing made from recycled plastic bottles.

Awards & Recognition

• 2019 Sustainability Awards in Australia (EcoSoft®)
• Various awards from the Ministry of Industry, Department of Labor Protection and Welfare, Social Security Office, Department of Disease Control, Thailand Business Coalition on AIDS, Hayashi Telempu, Social Security Office, Pathum Thani Province, Department of Industrial Promotion, Thai Environment Institute, Pathum Thani Provincial Labor Office, Ministry of Labor, Department of Groundwater Resources, Federation of Thai Industries, Department of Industrial Works, Ministry of Commerce.

Environmental Metrics

ESG Focus Areas

• Environmental sustainability
• Social responsibility
• Governance

Environmental Achievements

• Reduced water consumption per unit carpet manufactured by approximately 75% from 2004 to 2020.
• Achieved zero waste landfill since 2010.
• Reduced total energy consumption by 318,916 MJ/year in 2020, resulting in greenhouse gas reduction of 56.61 tons of CO2.
• Recycled over 700 million plastic bottles by 2020 towards a goal of 1 billion by 2025.
• Developed ZeroFlow and MegaPlank carpets with sustainable features.

Social Achievements

• Implemented Thai Labor Standards (TLS 8001) since 2006.
• Consistently improved customer satisfaction scores from 2007 to 2020.
• Provided various employee wellbeing initiatives (Happy Body, Happy Heart, Happy Soul, Happy Relax, Happy Brain).
• Conducted 43 training courses with 49 batches, totaling 533,475 Baht in training expenses in 2020.
• Average of 19.07 training hours per employee in 2020.

Governance Achievements

• Member of the Collective Action Coalition Against Corruption (CAC) since 2016.
• Implemented a comprehensive anti-corruption policy.
• Established clear procedures for compliance with anti-corruption policy.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting orders and leading to layoffs.

Mitigation Strategies

• Reduced production capacity, resulting in layoffs of 435 employees with compensation of 72,476,848 baht.

Supply Chain Management

Responsible Procurement

• Criteria for business partner selection with transparent and auditable operating procedures.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• ZeroFlow Carpet
• MegaPlank Carpet

Awards & Recognition

• 2019 Sustainability Awards in Australia (EcoSoft® carpet products)
• Numerous awards and certifications from Thai government agencies and organizations (see report for details)

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Social Responsibility
• Economic Responsibility
• Transparency and Good Governance

Environmental Achievements

• Installed a solar rooftop system with a capacity of 993.6 kilowatts, producing 142,970 kilowatt-hours of clean energy in 2 months.
• Increased the proportion of environmentally friendly materials in products to 21.27% of the total weight.
• Reduced paper consumption by 12%, equivalent to a reduction of 820.94 kilograms of CO2e.
• 0% factory wastewater discharge for 9 consecutive years.
• 0% landfill waste disposal for 14 consecutive years.
• Recycled 930 million plastic bottles (towards a 1 billion target by 2025).

Social Achievements

• Reviewed and updated human rights policy.
• Developed a new set of corporate values “SMILE” and promoted employee development.
• Accepted 199.035 tons of used carpets for proper disposal.
• Continuously conducted activities with surrounding communities.
• Supported 14 schools with carpet donations.
• Received the “Good Labor” Award and the “Outstanding Welfare Committee” Award.

Governance Achievements

• Restructured the risk management committee to include sustainability.
• Re-certified as a CAC member for the second time.
• Established an IT security policy with no cyber-attack incidents for three consecutive years.
• Developed a Personal Data Protection Policy.
• Received a 5-star rating in the Corporate Governance Report of Thai Listed Companies (CGR) 2023.

Climate Goals & Targets

Environmental Challenges

• Unfavorable market situation in Europe (TCM Living)
• Inflation, supply chain issues, international conflict, and high living costs.
• Reduced purchasing power due to economic conditions.
• Increased raw material costs, higher transportation costs, and inflation.
• Technological advancements requiring adaptation.
• ESG laws and regulations, stakeholder expectations, and emerging risks (climate change, natural disasters).

Mitigation Strategies

• Efficient expense control (TCM Living), market expansion (TCM Living).
• Lean initiatives and efficiency enhancements.
• Developing new products and environmentally conscious production processes.
• Expanding into new markets, efficiency improvements, and cost reduction through technology.
• Exploring new possibilities in production and monitoring competitors.
• Implementing a robust human resource development program, aligning organizational culture with sustainable business practices.
• Developing a risk control plan towards Net Zero by 2050.
• Implementing a Business Continuity Plan (BCP).
• Introducing AI technology.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Fair and transparent procurement processes
• Emphasis on quality of raw materials
• Screening for prohibited substances
• Suppliers' commitment to labor standards
• Focus on safety and environment
• Ethical standards for procurement

Climate-Related Risks & Opportunities

Physical Risks

• Natural disasters

Transition Risks

• Carbon taxation in European countries
• Competition in the low-carbon product market

Opportunities

• Development of energy-efficient products
• Expanding into the environmentally sustainable carpet market

Reporting Standards

Frameworks Used: GRI Standards, SDGs

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001:2018, CAC, AEO

Third-party Assurance: Dharmniti Auditing Co., Ltd.

UN Sustainable Development Goals

• Goal 5
• Goal 6
• Goal 7
• Goal 8
• Goal 9
• Goal 10
• Goal 12
• Goal 13
• Goal 16

The company's initiatives contribute to these goals through various environmental, social, and governance programs.

Sustainable Products & Innovation

• RT Acoustic panels (recycled PET fibers, wool yarn waste)
• EcoSoft carpet tiles (recycled water bottles)
• Stain prevention using non-fluorocarbon chemicals

Awards & Recognition

• Recycled Materials Product of the Year Award (2023)
• Good Labor Award (2023)
• Outstanding Welfare Committee Award (2023)
• Asia Pacific Entrepreneurship Award 2018
• Many other awards and certifications listed in the report