Inoue Rubber (Thailand) Public Co., Ltd.
Climate Impact & Sustainability Data (2018-10-01 to 2019-09-30, 2019-10-01 to 2020-09-30)
Reporting Period: 2018-10-01 to 2019-09-30
Environmental Metrics
Total Carbon Emissions:14,457 tCO2e/year
Scope 1 Emissions:14,456.68 tCO2e/year
Scope 2 Emissions:13,325.15 tCO2e/year
Renewable Energy Share:3.7%
Total Energy Consumption:341,831 GJ/year
Water Consumption:199,818 m3/year
Waste Generated:2,731 tons/year
Carbon Intensity:1.46 tCO2e/ton of production
ESG Focus Areas
- Corporate Governance
- Anti-Corruption
- Risk Management
- Supply Chain Management
- Innovation
- Customer Relationship Management
- Employee Well-being
- Environmental Management
- Energy Conservation
- Social Responsibility
- Community Engagement
Environmental Achievements
- Reduced GHG emission intensity to 1.46 tCO2e/ton of production
- 82.8% waste management through 3Rs
- 126.88 gigajoules of renewable energy usage
- Achieved Green Industry Level 3 certification
Social Achievements
- Launched several CSR projects benefiting communities and employees (HAI ARCHEEP – HAI CHEEVIT, KLONG PANG MODEL, SAFE RIDE, etc.)
- 100% employee participation in anti-corruption training
- Achieved 100% and 94.5% customer satisfaction at Rangsit and Wangnoi plants respectively
- 36.29 average training hours per employee
Governance Achievements
- Received 4 stars in CG Score for 5 consecutive years
- Established anti-corruption policy and whistle-blowing procedure
- Implemented a robust risk management framework
- Awarded ASEAN Business Awards 2019 and Thailand Sustainability Investment 2019
Climate Goals & Targets
Long-term Goals:
- Achieve Green Industry Level 5 certification
Medium-term Goals:
- Achieve Green Industry Level 4 certification
Short-term Goals:
- Reduce procurement cost from 2019
- Maintain raw material inventory at controlled level
- Improve supplier relationship management
- Increase delivery sites
- Reduce greenhouse gas emissions by 37%
- Reduce water consumption per production unit by 1%
Environmental Challenges
- US-China trade war
- Trend of EV development
- Climate change
- Digital and technological transformation
- Amendment to the Labor Protection Act 2019
Mitigation Strategies
- Embracing research and development innovation, technology, and automation
- Implementing a sustainability strategy with clear action plans
- Organized risk and supply chain management framework
- Good corporate governance and code of conduct
- Adapting to changing economic situations and business crises through Business Continuity Plan (BCP)
Supply Chain Management
Supplier Audits: 100% of new key suppliers self-assessed on SCOC criteria
Responsible Procurement
- Supplier selection criteria based on human rights, labor rights, social and environmental impacts
- Anti-corruption policy for suppliers
- Encouragement of suppliers to join CAC (Collective Action Coalition Against Corruption)
Climate-Related Risks & Opportunities
Physical Risks
- Rainfall fluctuation
- Drought
- Flooding
Transition Risks
- Shifting market demands towards EVs
Opportunities
- Development of energy-efficient products
- Use of renewable energy
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001, ISO 9001, ISO/IEC 17025
UN Sustainable Development Goals
- SDG 3 (Good Health and Well-being)
- SDG 8 (Decent Work and Economic Growth)
- SDG 9 (Industry, Innovation, and Infrastructure)
- SDG 12 (Responsible Consumption and Production)
- SDG 13 (Climate Action)
The report details how various initiatives contribute to these goals.
Sustainable Products & Innovation
- Eco-Carbon Black
- Cellulose fiber tires
- Vi-Pafe rubber flooring tiles
Awards & Recognition
- ASEAN Business Awards 2019
- Thailand Sustainability Investment 2019
- THAILAND VISION ZERO ACHIEVEMENT AWARD LEVEL 2
- Occupational health and safety management certificate in ‘Gold Level’
Reporting Period: 2019-10-01 to 2020-09-30
Environmental Metrics
Total Carbon Emissions:36038.34 tCO2e/year (Scope 1 and 2 combined)
Scope 1 Emissions:13,280.14 tCO2e/year
Scope 2 Emissions:22,758.22 tCO2e/year
Renewable Energy Share:1.45% (based on total energy usage)
Total Energy Consumption:286,816.63 GJ/year
Water Consumption:177,689 m3/year
Waste Generated:2,736 tons/year
Carbon Intensity:1.51 tCO2e/production ton (Rangsit); 0.84 tCO2e/production ton (Wangnoi)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced CO2 emissions by 0.49% compared to 2019
- Reduced electricity consumption by 831.045 GJ, saving 877,214.165 million baht (after installing Solar Rooftop on August 18, 2020)
- Installed solar panels generating a maximum of 600 kWp
- Achieved ISO 14001 certification for the 5th consecutive year
- Received a certificate for the Combustion Optimization Project for Boiler from the Department of Industrial Works
Social Achievements
- Launched 8 major CSR projects focusing on community development, employee well-being, and supply chain sustainability
- Trained 71 inmates at Klong 5 Women’s Correctional Institution
- Developed ISO 9001 system for smoked rubber sheet production for Klong Pang Cooperative
- Conducted youth educational programs in 3 provinces on safe motorcycle riding
- Average training hours per employee: 26.91 hours/year
Governance Achievements
- Received a 4-star CG Score for the 6th consecutive year
- Selected as one of the ‘100 Outstanding Registered Securities on Environment, Society and Governance (ESG 100)’ for the 5th consecutive year
- Listed in ‘Thailand Sustainability Investment: THSI’ for the 4th consecutive year
- No corruption incidents reported
- Certified as a member of the Thailand’s Private Sector Collective Action against Corruption (CAC)
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions (implied, not explicitly stated)
Medium-term Goals:
- Achieve Green Industry Level 4 certification
- Reduce greenhouse gas emissions by 3% compared to 2020
Short-term Goals:
- Reduce GHG emission by 2.5% compared to 2020
- Reduce electricity energy by 1% compared to 2020
- Achieve Green Industry Level 4 certification
- Reduce procurement cost from 2020 and maintain raw material inventory at controlled level
- Improve supplier relationship management
Environmental Challenges
- Trade war between the USA and China
- COVID-19 outbreak
- Climate change
- Rapid changes in the digital age and technology
- Volatile exchange rates
Mitigation Strategies
- Research and development, innovation, technology, and automation to maintain quality and customer satisfaction
- Forward contract policy to tackle exchange rate risks
- Financial management strategy to manage high financial liquidity
- Investment in innovation research, product development, and Smart Factory
- COVID-19 prevention measures for employees
Supply Chain Management
Supplier Audits: 100% of new suppliers self-assessed on SCOC criteria
Responsible Procurement
- Supplier selection criteria based on human rights, labor rights, social, and environmental aspects
- Handbook of Supplier Selection
- Anti-corruption policy communication to suppliers
- Domestic procurement of 86.98% of total procurement
Climate-Related Risks & Opportunities
Physical Risks
- Climate change, severe natural disasters
Opportunities
- Development of energy-efficient products and processes
Reporting Standards
Frameworks Used: GRI Standards: Core Option
Certifications: ISO 14001, ISO 9001: 2015, ISO/IEC 17025
UN Sustainable Development Goals
- SDG 5
- SDG 7
- SDG 8
- SDG 9
- SDG 12
- SDG 13
- SDG 16
The report mentions alignment with SDGs throughout the text, but doesn't provide a detailed explanation for each goal.
Sustainable Products & Innovation
- Eco-Carbon Black
- Cellulose Fiber
- Vi-Pafe rubber flooring
Awards & Recognition
- ESG 100
- THSI
- 4-star CG Score
- Honorable Mention from the 9th NACC Integrity Awards 2019
- Environmental Award 2019 (Thai Honda)
- Supplier Quality Excellence Award 2019 (General Motors)
- Winner of FY2019: Loss Reduction Project GROUP B (Isuzu)
- The Best in Quality Award 2019 (Thai Suzuki)