HaadThip Public Company Limited
Climate Impact & Sustainability Data (2019, 2023)
Reporting Period: 2019
Environmental Metrics
Total Carbon Emissions:23,900 tCO2e/year (approximate, pending verification)
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
- Economic
- Social
- Environmental
Environmental Achievements
- Reduced plastic use by 1,700 tons per year.
- Reduced energy consumption in production by 10% since 2012.
- Reduced greenhouse gas emissions by 4,905 tonCO2eq.
- More than 99% of waste from factories was recycled.
Social Achievements
- Supported community development projects with 33 million baht.
- Employee volunteer hours: 5,790 hours.
- Investment in employee development: 13.3 million baht.
- Launched the Outstanding Stretcher Staff Fund.
- Supported the Songkhla Nakharin Seedling Project.
- Implemented the HAADTHIP YOUNG LEADERS PROGRAMME.
Governance Achievements
- Established anti-corruption training for all employees.
- Renewed membership of the CAC for 3 years.
- Received the CAC Change Agent Award 2019.
- Implemented a No Gift Policy.
- Achieved a 4-star rating from the IOD for corporate governance.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Reduce greenhouse gas emissions by 2% by 2023.
Environmental Challenges
- Water resource management
- Waste management
- Energy efficiency
Mitigation Strategies
- Implemented various projects to improve water efficiency (e.g., Backwash water reuse, RO stage 2 water reuse).
- Implemented a recycling program and waste management system.
- Implemented energy-saving projects (e.g., variable speed motor control, eliminating standby mode for cooling and air compressors).
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- ESG criteria in supplier selection.
- Code of conduct for suppliers.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 9001:2008, FSSC 22000
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 1
- SDG 2
- SDG 3
- SDG 4
- SDG 5
- SDG 6
- SDG 7
- SDG 8
- SDG 9
- SDG 10
- SDG 11
- SDG 12
- SDG 13
- SDG 14
- SDG 15
- SDG 16
- SDG 17
Various initiatives contribute to these goals.
Sustainable Products & Innovation
- Environmentally friendly packaging
- Healthier beverage options
Awards & Recognition
- CAC Change Agent Award 2019
- Gold Award for Occupational Health and Safety Management
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:18,671 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:11,496 tCO2e/year
Scope 2 Emissions:7,175 tCO2e/year
Scope 3 Emissions:60,159 tCO2e/year
Renewable Energy Share:7.46%
Water Consumption:612,658 m3/year
Waste Generated:1,103,802 kg/year
Carbon Intensity:0.41 KgCO2eq/Lbev (Hatyai Plant), 0.040 KgCO2eq/Lbev (Punpin Plant)
ESG Focus Areas
- Environmental Management
- Social Responsibility
- Corporate Governance
Environmental Achievements
- Reduced packaging weight by 372.5 tons through material reduction efforts.
- Reduced packaging material usage by 313.94 tons of plastic and 58.56 tons of aluminum.
- 7.46% of electrical energy generated from renewable sources.
- Launched new packaging made from 100 percent recycled material.
- Established and expanded water system infrastructure to enable more efficient water recycling.
- Adoption of clean and alternative energy.
Social Achievements
- 54% of managerial positions are held by women.
- 40 million baht allocated to social and community initiatives.
- Personnel Development Costs: 7.8 million baht.
- No incidents of human rights violations identified in the supply chain.
- No community complaints recorded.
- Regularly collaborated with communities on various public service activities.
Governance Achievements
- Achieved an “Excellent” or 5-star rating in the Corporate Governance Report of Thai Listed Companies (CGR).
- Selected by the Stock Exchange of Thailand as one of the 193 listed companies in the “SET ESG Ratings” for 2023 (sixth consecutive year).
- Achieved an AA rating in the Agriculture & Food Industry group in SET ESG Ratings.
- Established an “Anti-Corruption Policy and Guidelines”.
Climate Goals & Targets
Long-term Goals:
- Achieve net zero greenhouse gas emissions by 2050.
Medium-term Goals:
- Reduce water consumption in the production process to equal or less than 1.39 liters per unit by 2030.
- Increase the use of clean energy for electricity generation to 20% or higher by 2030.
- Design and develop packaging that is 100% recyclable and contains at least 50% recycled plastic by 2030.
- Collect and recycle the equivalent of 100% of the packaging sold by 2030.
Short-term Goals:
- Increase the number of households benefiting from water management projects to over 10,000 by 2025.
- Ensure that at least 80% of employees participate in the annual employee engagement survey and achieve a score higher than 75% by 2025.
- Increase the proportion of female employees in managerial positions by 5% by 2025.
- Reduce greenhouse gas emissions per production unit by 10% from the 2022 baseline by 2025.
Environmental Challenges
- Fluctuations in raw material prices (Liquid-Sugar, PET Resin).
- Supply chain risks affecting raw material price fluctuations, leading to increased production and delivery costs.
- Regulatory changes, such as the introduction of the Sugar-Sweetened Beverages Tax.
- Climate change impacts on the supply chain (flooding, drought, raw material shortages, rising raw material costs).
Mitigation Strategies
- Pre-ordering scheme with suppliers to mitigate fraud risk.
- Annual forward auctions for key raw materials to mitigate price increase risks.
- Onboarded new and backup suppliers and service providers to mitigate risks from natural disasters, pandemics, and conflicts.
- Implemented alternative sourcing strategies.
- Utilize price hedging contracts to manage cost increases.
- Prepared stockpiles of finished goods.
- Regular meetings with suppliers and plant visits to manage variability in production plans and product delivery.
- Established buffer stocks for critical raw materials.
Supply Chain Management
Supplier Audits: 100% of Critical Tier 1 Suppliers underwent ESG assessments.
Responsible Procurement
- Commitment to sourcing raw materials from suppliers adhering to sustainable practices.
- Supplier Code of Ethics Manual.
- Transparent criteria for evaluating and selecting new suppliers.
- Consistent assessment of suppliers with emphasis on sustainability performance.
Climate-Related Risks & Opportunities
Physical Risks
- Flooding
- Drought
Transition Risks
- Regulatory changes
- Fluctuations in raw material prices
Opportunities
- Development of energy-efficient products
- Circular economy initiatives
Reporting Standards
Frameworks Used: GRI Standards
Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, FSSC 22000, Halal
UN Sustainable Development Goals
- Goal 11.6
- Goal 12
- Goal 13
- Goal 14
- Goal 17
Initiatives align with UNSDGs related to sustainable cities and communities, responsible consumption and production, climate action, life below water, and partnerships for the goals.
Sustainable Products & Innovation
- Coca-Cola Creation Rosalia
- Minute Maid Pulpy C-Boost Orange and Lemon
- OOHA Lemon and Sea Salt
- OOHA Lychee Yogurt
- Fanta WTF
- Schweppes Blueberry Lemon
- Fanta Red Lime Soda
- Coca-Cola Zero Sugar
Awards & Recognition
- SET ESG Ratings (AA rating)
- ESG100 securities recognition
- Sustainability Disclosure Recognition Certificate from Thaipat Institute
- Human Rights Award
- Good Labor Model Award
- Award from the Thai Health Promotion Office