Prinsiri Public Company Limited

Climate Impact & Sustainability Data (2006, 2014)

Progressive improvement on product development to meet customers’ needs.
The Company has a policy to support the development of human resources. This enables our employees to further develop their capabilities for their career advancement. The Company’s human resources department regularly organizes trainings for all levels of operational and project employees.

Seriously and progressively applies good corporate governance to develop competitive capabilities for sustainable growth and to add share value for long-term shareholders.
The Company set up its good corporate governance policy and has implemented it since 3 April 2004.
Practice manual for good corporate governance and code of conduct were prepare and distributed as guidelines for the Company’s staff.

The Company’s purchase of construction materials can be mainly divided to two types: those supplied by contractors; and those supplied by the Company. Regarding materials provided by contractors, the Company specified lump sum cost for construction and materials in employment contracts.
Aiming toward providing excellent products and services under the slogan “Charms of the Home in Harmony with Nature”, the Company’s products under brand “Prinsiri” receive good recognition and trust from customers. However, the Company has a policy to decrease the impact from those related factors and to ensure, to the extent possible, that the products meet customers’ needs.
The Company planned for land procurement in advance according to individual year of development projects. Then there was adequate time to search for new potential land for the future project development at reasonable price. Moreover, the Company has continuously had land brokers to search for land in appropriated location with reasonable price.
The Company appointed five people from the third party to be independent directors. An Audit Committee was also appointed to balance management control.

The Company set top priority of material quality. Therefore, befittingness, good quality and standard are major factors of purchasing of construction and finishing materials. Price will then later consider as reference contributor.

Received an honorable mention and a “Good” class award for “The Best Energy-Saving Home Awards” in 2007 and 2008 from the Department of Alternative Energy Development and Efficiency, Ministry of Energy.
Implemented wastewater treatment tanks in each house and clubhouse to treat water before draining into public sewers.
PRINN Sathorn-Ratchapruek project featured “The Sustainable Mindset” with natural areas, LED lights, cycling lanes, and energy-efficient house designs.

Donated 1 million baht to 10 foundations.
Supported employment, hygiene, infrastructure development, youth learning, and natural resource conservation in communities.
Provided employee welfare benefits exceeding labor law requirements, including annual and personal leave schemes and group insurance.

Established an Audit Committee, Strategy and Risk Management Committee, and Nomination and Remuneration Committee.
Adhered to corporate governance policies and a Code of Conduct.
Implemented measures to prevent the use of inside information.

Developed a skilled workforce and used legal foreign workers.
Developed a land procurement plan with long-term relationships with land brokers.
Monitored economic situations and adjusted strategies accordingly; pre-screened customers before loan applications.
Launched flexible sales and promotion campaigns (free living program, installment payments).

Awards of Merit from the Pacific Coast Builders Conference (PCBC) in 2001 and 2004
Honorable mention for “the 2007 Best Energy-Saving Home Awards”