Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Greenhouse Gas Emissions (reviewed) were reduced in the amount of 508 tons of Carbon Dioxide (tCO2e)
• Electricity Consumption reduced by 12.36% (65,224 kWh in average)
• Passed Green Office assessment from the Department of Environmental Quality Promotion
• Data on the amount of greenhouse gas emission from the Green Office project of the A5 office building amounting to 181.51 tons of carbon dioxide, a decrease of 8.02% or compared to planting 1,055-1,759 trees/year
• 100 % Projected energy savings from the replacement of lightings with LED fittings
• Procurement of employee polo shirts made from recycled fibers

Social Achievements

• Engaged the services from the person with disability from Facebook “Name Photo Photographer” type 2 handicapped: deaf
• Under the COVID-19 outbreak, the Company has followed the government’s health measures and taken care of employees, customers, and business partners.
• The Company has conducted a survey on the customers, business partners and business alliances in order to improve the business operation during the COVID-19 outbreak. The result indicates that 97% of the survey view that the Company has solved problems in a timely basis

Governance Achievements

• Approved the determination of director qualifications in the Board of Directors’ charter that a director shall not hold director position in other listed companies more than 4 listed companies
• Approved Corporate Sustainability Policy
• Achieved 5 stars or “Excellent” in the Good Corporate Governance Report of Thai Listed Companies carried out by Thai Institute of Directors (IOD) for 6th consecutive years
• Successfully scored 98.5 percent in the AGM Checklist Assessment conducted by the Thai Investors Association

Climate Goals & Targets

Environmental Challenges

• The COVID-19 pandemic severely affected Thailand’s and the world’s economy. The production of cars for export has dropped because the purchasing power in foreign countries has declined.
• Risk of reliance on a small number of customers
• Risk of reliance on automotive industry for export
• Risk of termination or non-renewal of Agreements on Area and Land Rental for Car Storage Service and Cargo Storage Service
• Risk from emerging of competitors in the terminal industry for export and import of cars
• Risk of Tariff Structure and Port Tariff being under control of PAT
• Risk on Safety and Security Management
• Risk on Climate Change
• Risk of major shareholders’ influence on determining management policy
• Risk from the absence of commercial return of subsidiary
• Risk of default on loan repayment of subsidiary
• Risk of termination or non-renewal of the key agreements for Agreement for Investment, Management and Operation of C0 T erminal at Laemchabang Port
• Cyber Risk
• Risk from the enforcement of Personal Data Protection Act B.E. 2562 (2019)
• Risk from the enforcement of Debt Collection Act

Mitigation Strategies

• set up business strategies to be in line with the world’s economic situation
• preservation of the Company’s stability by maintaining service standard to the customers
• creation of opportunities to build the sustainable growth by studying new potential businesses
• expanded its business to warehouse services
• developed IT systems for the efficiency of terminal management
• adopted a policy to acquire more area and maximize the use of the available area
• has good records of rental payments which have been made within due date
• continually developes Ro/Ro management systems by bringing in state-of-the-art information technology
• focuses on providing prime, rapid and fully-integrated services that meet customers’ needs
• constantly maintaining service quality and paying attention to the customers’ needs
• uses a risk management system as a tool for supervision
• reducing electricity consumption will be an indirect reduction of the greenhouse gas emission
• has a clear limitation of authority
• requires the Subsidiary to report the progress of the project to the Executive Committee at least once a month and to the Company’s Board of Directors every quarter
• considered to enter into an insurance to manage the risk of investment
• LRT has strictly followed all conditions in the agreement, and has never received any warning letter or penalty notice for a breach of conditions in the agreement
• continually develop and improve computer system and network system to be up-to-dated to prevent various forms of cyber-attack
• has a business continuity plan (BCP) that covers the restoration of information technology within a short period of time
• has prepared a personal data protection policy
• monitored related fields’ working process to proceed debt collection as specified by law

Supply Chain Management

Responsible Procurement

• Green Procurement

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018

Awards & Recognition

• Sustainability Disclosure Acknowledgement Award by Thaipat Institute
• Sustainable Stock award
• CGR score of 5 stars Award
• The Excellent Logistics Management Awards or ELMA
• The Prime Minister’s Business Enterprise Award 2014