Climate Change Data

Environmental Metrics

ESG Focus Areas

• Good corporate governance
• Social responsibility
• Environmental sustainability

Environmental Achievements

• Implemented Green Projects in all subsidiaries focusing on reuse, reduce, and recycle, resulting in reduced oil consumption by 300 liters and coolant consumption by 3000 liters in 6 months.
• Replaced conventional light bulbs with LED bulbs.
• Improved ventilation system by extending exhaust ducts outside the building.
• Organized campaigns for waste segregation and energy reduction.
• Planted trees to increase green space in factories.

Social Achievements

• Established AAPICO Group Cooperative Savings to promote savings and mutual assistance among employees.
• Provided additional deposit support to cooperative members who assisted the company during floods.
• Organized Big Cleaning Day to improve the canteen and kitchen.
• Created outdoor sports facilities (futsal, basketball, and takraw courts) for employee recreation.
• Implemented various employee engagement activities such as Songkran water-pouring ceremony, scholarship program for employees' children, and various community engagement projects.

Governance Achievements

• Established a committee to investigate and receive complaints regarding unethical or illegal actions.
• Implemented a Whistle Blowing Policy to encourage reporting of unethical or illegal activities.
• Implemented a Policy of Purchase to regulate the acceptance of gifts from business partners.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• The company promotes CSR among its suppliers and encourages their participation in social activities. The company also conducts site visits, audits, and training for suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SET's CSR guidelines

Certifications: ISO 14001:2004

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• CSR-DIW Award 2014

Environmental Metrics

ESG Focus Areas

• Social Responsibility
• Environmental Sustainability
• Good Governance

Environmental Achievements

• Received the Environmental and Safety Governance Flag Award 2015 from the Industrial Estate Authority of Thailand (IEAT)
• 15 companies (AAPICO group and suppliers) participated in the Green Automotive Parts Industry Promotion Project's training program on efficient resource and energy management.

Social Achievements

• Increased employee count by 256 (9.35%), with 6.79% female and 2.56% male increase.
• Implemented various employee engagement activities such as Songkran water-pouring ceremony, employee transportation during long holidays, educational scholarships, and various sports and social events.
• Emphasized employee well-being through the Green Project (2017), providing shade and selling produce at discounted prices to employees.

Governance Achievements

• Established a CSR committee and working groups to drive CSR initiatives.
• Implemented a Whistle Blowing Policy and a Gift Policy to promote ethical conduct and transparency.
• Consistently communicated anti-corruption policies to employees and stakeholders.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Annual visits to suppliers

Responsible Procurement

• Promoting CSR among suppliers, involving them in social activities, providing training, and conducting audits for improvement.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SET's CSR guidelines

Certifications: ISO 9001:2009, ISO 14001:2004, OHSAS 18001:2007, ISO/TS 16949:2009

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Q1 Award (AAPICO Plastic Public Company Limited)
• Environmental and Safety Governance Flag Award 2015

Environmental Metrics

ESG Focus Areas

• Economy
• Environment
• Social
• Governance

Environmental Achievements

• Reduced energy consumption by approximately 374,000 baht per year by installing Variable-Speed Drive (VSD) air compressors.
• Achieved target of reducing CO2 emissions from the previous year and is on track to reduce emissions by 3% within 5 years (starting from 2017).

Social Achievements

• Increased number of disabled employees to 33 in 2019.
• Presented 64 scholarships to employees' children.
• Organized various social activities promoting employee solidarity and community engagement (e.g., tree planting, blood donation).

Governance Achievements

• Established and followed a comprehensive anti-corruption policy.
• Implemented a whistle-blowing policy.
• Conducted annual self-assessment of Board of Directors' performance.

Climate Goals & Targets

Environmental Challenges

• Government policy changes impacting revenue.
• Overseas investment risks.
• Competition in the automotive parts industry.
• Customer concentration risk.
• Fluctuation in raw material (steel) prices.
• Labor shortage risk.
• Foreign exchange risk.
• Corruption risk.

Mitigation Strategies

• Preemptive production planning to match market demand.
• Careful evaluation of new investments and clear agreements with business partners.
• Maintaining good customer relationships, high operational standards, and punctual delivery.
• Diversifying product portfolio and customer base.
• Centralized purchasing policy and price adjustments with customers.
• Automation and AI in production to reduce labor dependency.
• Matching income and expense in the same currency, using forward or option contracts.
• Anti-corruption policy, whistle-blowing policy, and regular audits.

Supply Chain Management

Supplier Audits: 15 business partners followed up in 2019.

Responsible Procurement

• IATF 16949 standard for risk management and supplier evaluation.
• Safety training for all new suppliers.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core and Option, UN Sustainable Development Goals

Certifications: ISO 14001, IATF 16949

Awards & Recognition

• Best Delivery award from Ford Thailand Manufacturing
• 100% Delivery Performance of the Year 2019 award to AAPICO Plastic Public Company Limited
• Q1 Award from Auto Alliance Thailand
• Supplier Excellence (Quality Performance) award from American Axle & Manufacturing (Thailand)
• 2019 TCC Risk Management Business Continuity Plan (BCP) award

Environmental Metrics

ESG Focus Areas

• Economic Value
• Eco-Efficiency
• Quality of Life
• Corporate Governance

Environmental Achievements

• GHG Emission per ton of production of Scope 1 reduced by 8.83% compared to 2020
• GHG Emission Per Production Unit of Scope 2 reduced by 10.71% compared to 2020
• Waste generated per production unit decreased by 17% compared to 2020
• Zero non-compliance with environmental laws and regulations in 2021

Social Achievements

• Average IFR rate in 2021 was 3.74 times per million working hours (better than target)
• Average LTIFR rate in 2021 was 2.80 times per million working hours
• Sponsored 22 activities totaling over 8 million Baht to support social and community development during the COVID-19 pandemic
• Zero cases of Fair Treatment and human rights violation issues reported

Governance Achievements

• Achieved Excellent Level (5 stars) in Corporate Governance Report of Thai Listed Company by Thai Institute of Directors (IOD)
• Achieved a 5% increase in the number of shareholders in 2021
• Zero complaints from stakeholders on human rights violations

Climate Goals & Targets

Environmental Challenges

• Continuation of the COVID-19 pandemic
• Global microchip shortage

Mitigation Strategies

• Arranged vaccination for all employees
• Created a support group to monitor and assist afflicted employees
• Implemented additional preventative measures to cope with the pandemic (social distancing, work from home, ATK testing, etc.)
• Developed an application to monitor employee status and location
• Revised Business Continuity Plan to deal with pandemic risks

Supply Chain Management

Supplier Audits: Minimum of 1 annual site visit per supplier (conducted online in 2021)

Responsible Procurement

• Supplier code of conduct
• Anti-corruption policy
• ESG assessment

Climate-Related Risks & Opportunities

Physical Risks

• Flooding

Reporting Standards

Frameworks Used: GRI Standards: Core Option, UN Sustainable Development Goals

Certifications: ISO/TS16949, ISO14001

Awards & Recognition

• Thailand Sustainability Investment (THSI) 2020 award
• 2020 Best Quality Supplier Award from Toyota
• Honda CEO and top sales Awards from Honda Malaysia
• Top Supplier Award 2021 from Auto Alliance (Thailand) Co., Ltd