TRC Construction Public Company Limited
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Scope 2 Emissions:28.5 tCO2e reduction in 2022 (unverified)
Total Energy Consumption:714,000 kWh (2022)
Water Consumption:8,687 m3 (2021)
ESG Focus Areas
- Corporate Governance
- Environmental
- Social
Environmental Achievements
- Reduced electricity consumption by 9.17% in 2021 compared to 2020 at the head office.
- Reduced greenhouse gas emissions by 28.5 tCO2e in 2022 (Scope 2, unverified).
Social Achievements
- Hometown Project implemented since 2013, developing employees' hometowns.
- Patient Quality of Life Promotion Project at Srithanya Hospital, creating jobs for patients.
- Received "Excellent" rating from the Thai Institute of Directors for corporate governance for 6 consecutive years (2017-2022).
Governance Achievements
- Established a framework for sustainability covering economic, social, and environmental dimensions.
- Implemented ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards.
Climate Goals & Targets
Short-term Goals:
- Minimize electricity consumption to reduce ≥ 2% compared to 3 years backwards
- Control pollution from construction activities to meet legal standards
- Control workplace accidents (Recordable Case = 0)
- Control work-related illnesses (Recordable Case = 0)
Environmental Challenges
- Rising construction costs (labor and materials) due to COVID-19 and the Russia-Ukraine conflict.
- Intensifying competition in the construction industry.
- Economic slowdown impacting government and private sector investment.
- Labor shortage, particularly skilled labor.
- Accumulated losses and inability to pay dividends.
Mitigation Strategies
- Diversification into infrastructure and Smart IoT Ecosystem businesses.
- Seeking new business alliances.
- Maintaining long-term relationships with customers.
- Providing in-house training for employees.
- Negotiating advance payments from project owners.
- Implementing cost and expense control measures.
- Developing a plan to cope with labor shortages (manpower planning, wage adjustments, legal employment of foreign workers, improved worker welfare).
Supply Chain Management
Responsible Procurement
- Vendor selection criteria based on price, quality, and trustworthiness.
- Product QC, price confirmation, and delivery timeline monitoring.
- Sustainability assessment criteria applied in procurement (fair labor practices, human rights, no child or illegal labor, environmental compliance).