Green River Holding Co. Ltd.

Climate Impact & Sustainability Data (2023)

Total Carbon Emissions:58,250 tCO2e/year

Scope 1 Emissions:6,996 tCO2e/year

Scope 2 Emissions:51,253 tCO2e/year

Renewable Energy Share:93%

Water Consumption:128.10 million liters/year

Waste Generated:155.33 tons/year

Carbon Intensity:0.0586 tons CO2e/m3 in 2023

Successfully developed and mass-produced high-end formaldehyde-free and low-formaldehyde products.
Reduced carbon emissions by approximately 21,506 tons in 2023 through various initiatives including recycling wood dust as fuel and installing a wet electrostatic precipitator.
More than 93% of raw materials used are renewable.

Actively participated in local community activities, serving the neighborhood, and giving back to society.
Provided low-income student scholarships, outstanding student scholarships, and aid in campus construction (NT$475 thousand), senior citizen care programs (NT$398 thousand), and other community services (NT$509 thousand) in 2023.
Improved 9th Corporate Governance Assessment Results, elevating by two tiers to secure a position within the top 6%~20%.

Established a dedicated sustainable development office (ESG Team) to coordinate and push the implementation of sustainable development.
Published the 2022 Sustainability Report and plans to publish the 2023 report.
Implemented a comprehensive risk management system covering environmental, governance, and social aspects.

Long-term Goals:

Develop into an industrial company with a complete industry chain and optimized product structure.
Promote sustainable corporate development and voluntarily disclose ESG-related information.

Medium-term Goals:

Expand domestic and export sales markets, particularly high-end and environmentally friendly products.
Secure current markets and expand to other potential regions.

Short-term Goals:

Become the leading enterprise in the rubber wood-related manufacturing field in Thailand.
Maintain high product yield rate.
Develop low formaldehyde, formaldehyde-free, and moisture-resistant PB products.
Improve operation performance through cost control.

Inflation issues and ongoing conflicts affecting the global economy.
Fluctuation of crude oil and raw material prices due to events like freight route blockages and wars.
Flooding during rainy season causing difficulties in rubber wood harvesting.
Increasing stringency of global and regional greenhouse gas regulations.

Focusing on major market trends, deepening customer relationships, integrating group resources, maintaining operational capacity, and adjusting business strategies dynamically.
Closely monitoring raw material price trends and seeking multiple supply sources.
Establishing a comprehensive timber distribution network to manage raw material supply.
Developing emergency response plans for various scenarios.
Applying for various environmental and sustainability certifications.

Supplier Audits: 328 audits/year

Frameworks Used: GRI Standards 2021, SDGs, TCFD, SASB

Certifications: ISO 9001:2015, FSC CoC, SGS, JTCCM, CARB, EPA, JIS