Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Sustainable Food Production
• Plant-Based Food
• Social Responsibility
• Corporate Governance

Environmental Achievements

• Certified as Carbon Neutral organization for 2 consecutive years
• First company in Thailand to join Race to Zero campaign
• First company in Thailand to study seaweed as a blue carbon sequestration
• Reduced electricity consumption by 4% compared to 2019
• Installed solar panels on factory rooftop, generating 6,314,613 kWh per year
• Waste upcycling project reducing fertilizer costs and landfill waste by 230 kg
• Global Recycling Day project reducing office waste by 537.7 kg

Social Achievements

• Launched many initiatives through Root the Future, reaching over 4 million people weekly
• Provided support to communities and medical personnel during COVID-19 pandemic
• Implemented knowledge-sharing project for 650 farmers
• Contract farming project enhancing farmers' quality of life
• Happy employee project improving workplace happiness and efficiency
• Employee training and development programs reaching 68% of employees

Governance Achievements

• Established Corporate Governance & Sustainability Committee (CGSC)
• Implemented anti-corruption policy and Code of Conduct
• Established complaints and whistleblowing policy
• Implemented personal data protection policy and information technology security policy

Climate Goals & Targets

Environmental Challenges

• Risk from competitive situation in the OEM business
• Risk from insufficiency, price fluctuation, and quality of raw material
• Risk from depending on labor or important person
• Risk on changing of consuming trend of plant-based protein
• Risk from unsuccessful online sell
• Risk from relying on major customer
• Risk from termination of contract
• Risk from insufficient insurance coverage
• Currency exchange fluctuation risk
• Funding cost risk
• Risk from Covid-19 pandemic
• Risk from import regulations and trade barriers
• Risk from technology changes in food production
• Risk from major shareholders' influence
• Risk from limited ability to subscribe right offering
• Foreign Securities Investment Risk

Mitigation Strategies

• Competitive advantages in sustainability, future food production, product variety, distribution, and flexibility
• Multiple sourcing of raw materials and packaging, joint planning with customers, and collaboration with Mahidol University
• Data and knowledge management systems, focus on company reputation and integrity
• Investment in plant-based food production and market expansion
• Strategic investment in Boosted Ecommerce and joint venture for e-commerce
• Diversification of customer base and product variety
• Strong customer relationships and continuous search for new customers
• Comprehensive insurance policies
• Careful monitoring of currency exchange rates, hedging, and pricing strategies
• Maintaining financial stability and negotiating with banks
• Operating plan to reduce impact from COVID-19, health and safety measures
• Compliance with international standards (HACCP, GMP, IFS, BRC, HALAL)
• Continuous monitoring of technology changes and investment in innovation
• Independent directors and transparent governance structure
• Compliance with securities laws and offering strategies
• Due diligence and risk assessment for foreign investments

Supply Chain Management

Responsible Procurement

• Multiple sourcing of raw materials
• Collaboration with farmers for sustainable agriculture

Climate-Related Risks & Opportunities

Opportunities

• Growth in plant-based food market

Reporting Standards

Frameworks Used: UN SDGs, SBTi

Certifications: BRC, IFS Food, GMP, FDA, HALAL, Carbon Neutral

Sustainable Products & Innovation

• Plant-based food products
• V-shape packaging

Awards & Recognition

• CEO Today Global Award 2021
• Superior Taste Award 2021
• Listed in ESG Emerging 2021
• Listed in ESG100 Index
• Listed in SET100 Index
• Listed in FTSE All World Index
• Listed in THSI Index