Climate Change Data

Environmental Metrics

ESG Focus Areas

• Social Contribution
• Environmental Responsibility
• Good Governance

Environmental Achievements

• Launched "One Degree to Reduce Global Warming" Project, including seminars and initiatives to promote energy-saving light bulbs.
• Safe Document and Environmental Care Project (Shred 2 Share) donating to needy schools.

Social Achievements

• Family Library Foundation promoting non-formal education in deprived areas.
• Than Khun Pan Din Project (renamed "76 Outstanding Contributors to the Communities") recognizing and awarding individuals for good deeds.
• Intensive Tutoring for Entrance Exam Project assisting high school students.
• Nation HR Forum 2008 seminars on human resources management.
• Your Next Career Project job fair.
• 14th Dunk Anti Drugs Project street basketball competition.
• 5th Kom Chad Luek Awards recognizing achievements in entertainment.
• Music Club performances for charitable organizations.
• 6th World Film Festival promoting Thai film industry and cultural exchange.
• 3rd Disney and Me Talent Contest encouraging children's talent and English learning.

Governance Achievements

• Revised corporate governance policy in February 2008.
• Established a procedure to foster cooperation between interested persons and the company.
• Issued business ethics guidelines for directors, management, and employees.
• Implemented ISO 27001 management system for information system security.
• Implemented measures to prevent conflicts of interest.
• Strengthened internal control systems.

Climate Goals & Targets

Environmental Challenges

• Economic slowdown due to the US sub-prime crisis and political conflict in Thailand.
• Record-high prices of oil and newsprint.
• Sluggish advertising market.
• Risk from subsidiary financial performance.
• Exchange rate risk.
• Borrowing risk.
• Risk from external financial sources.
• Risk from bad debt and lending to affiliated companies.
• Technology risk.
• Key personnel retention risk.
• Collection risk.

Mitigation Strategies

• Prudent management and strict cost control.
• Adjusting corporate structure to utilize content and human resources.
• Developing information infrastructure and reorganizing editorial processes.
• Developing and delegating authorities to new generation management.
• Capturing new revenue opportunities through synergy between new and traditional media.
• Providing total media solutions to advertising customers.
• Maximizing value of assets and restructuring subsidiaries.
• Hedging against currency exchange risks.
• Repaying debentures and reducing long-term loans.
• Exploring potential to better utilize existing assets.
• Listing subsidiaries on the mai.
• Setting aside provisions to manage bad debt.
• Investing in content for new media.
• Emphasis on human resource development and succession planning.
• Decentralization of work and responsibilities.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Thai Accounting Standards (TAS)

Third-party Assurance: KPMG Phoomchai Audit Ltd.

Environmental Metrics

ESG Focus Areas

• Social Contribution
• Education
• Environmental Responsibility (implied)

Social Achievements

• Established Family Library Foundation, providing mobile libraries to remote areas.
• Organized 12th Intensive Tutoring for Entrance Exam Project, providing tuition to high school students nationwide.
• Launched "Get Your Brain Ready for Intensive Tutoring with Peptine" project, providing career guidance to students.
• Implemented "Reading to Weave the Future" project, providing English learning materials and books to schools.
• Held Happy Kid Money Camp, educating youth on financial planning.
• Organized Nation HR Forum 2009 seminars on management and human resources.
• Held Kom Chad Luek Career Training, enhancing career skills.
• Organized Career Seedling Project: TV News Professionals, training TV professionals.
• Held Your Career 2009 job fair.
• Organized Jood Prakai Awards 2009, promoting public expression and creativity.
• Held 6th Kom Chad Luek Awards, recognizing achievements in entertainment.
• Organized Music Club performances, donating income to charity.
• Organized 7th World Film Festival, supporting the Thai film industry.
• Held 4th Disney and Me Talent Contest, encouraging talent and creativity in children.
• Implemented Than Khun Pan Din Project, recognizing good deeds.
• Launched Kom Chad Luek’s Sharing to Society campaign, donating to schools.

Governance Achievements

• Revised corporate governance policy twice in 2009, aligning with Stock Exchange of Thailand’s best practices.
• Established Investor Relations Division to provide information and respond to inquiries.
• Implemented policies to prevent directors and management from abusing their power.
• Established procedures to foster cooperation between stakeholders and the company.
• Implemented Ethics of Nation Group’s directors, management and employees.
• Implemented "Nation Way" code of conduct for editorial staff.
• Implemented measures to prevent libel and defamation charges.

Environmental Challenges

• Economic slowdown and unstable political conditions impacting advertising revenue.
• Risk from subsidiaries' management.
• Risk from content production.
• Key personnel retention risk.
• Technology risk.
• Volatility of raw material (newsprint) prices.
• Accumulated loss.
• Reduction of proportional profit or voting rights of common shareholders due to listing affiliates on the mai.
• Impact of International Financial Reporting Standards (IFRS).

Mitigation Strategies

• Implemented measures/plans/activities using multimedia channels, improved sales strategies, and media synergy to maintain revenue.
• Adhered to good corporate governance, appointed top executives to subsidiaries' boards, and listed two subsidiaries on the market.
• Focused on teamwork, specialization, new technologies, and training to ensure quality content.
• Emphasized human resource development, succession plans, and decentralization.
• Consistently developed information technology systems.
• Developed a comprehensive understanding of the newsprint price cycle, employed a paper-usage control policy, and purchased forward contract agreements.
• Implemented strict investment policy, focusing on related businesses, and obtained loan extensions.
• Offered capital increase shares of affiliates to NMG shareholders, maintaining majority ownership.
• Arranged for a Consultancy Company to calculate the provision of compensation in line with current recognized insurance practices.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Social Contribution
• Corporate Governance
• Education

Social Achievements

• Organized various social contribution activities, including supporting the Family Library Foundation, Krungthep Turakij's CSR projects (seminars, awards, concerts, camps), Than Khun Pan Din Awards, Kom Chad Luek's Sharing to Society, and flood victims' relief efforts.
• Kom Chad Luek Career Training to enhance career skills and promote folk knowledge.

Governance Achievements

• Implemented corporate governance policy in line with the Stock Exchange of Thailand’s code of best practices.
• Received an excellent level (five stars) in corporate governance evaluation by the Thai Institute of Directors for the second consecutive year.

Environmental Challenges

• Risk from advertising industry situation due to economic conditions and natural disasters (flooding).
• Risk from subsidiaries management.
• Risk from content production.
• Key personnel retention risk.
• Technology risk.
• Risk from the volatility of raw material prices (newsprint).
• Debt obligation risk.
• Exchange rate risk.
• Risk from external financial sources.
• Risk from impairment of accounts receivable.
• Risk from deficit.

Mitigation Strategies

• Strategic plans to maintain competitiveness and utilize multimedia channels.
• Good corporate governance and appointment of top executives to subsidiary boards.
• Systematic news production process, teamwork, and personnel training.
• Human resource development, succession plans, and decentralization.
• Investment in IT systems and content for new media.
• Comprehensive understanding of newsprint price cycle, paper-usage control, and forward contract agreements.
• Financial projection documents presented to creditors.
• Hedging against foreign currency exchange risks.
• No policy to expand business; current sources sufficient.
• Policies for debt collection and allowances for doubtful accounts.
• Improving operations, optimizing shareholders’ investment value, and increasing efficiency of loss-making subsidiaries.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Thanundon 4 Thongkum award (Suthichai Sae-Yoon)
• Innovation Award in Thailand ICT Excellence Award 2010 (OK nationBlog)
• Best News Documentary Award from Sangchai Suntornwat Foundation (Zen 2010)
• Bronze Prize in APPA Book Award 2011 (Nation Books)
• Winner Award in ABPA Book Awards 2011 (Nation Books)
• Merit Award in ABPA Book Awards 2010 (Nation Books)
• Best News and Best News Photo Award in Issara Amantakul Awards (Kom Chad Luek)
• Best Environment and Nature Preservation News Award (Kom Chad Luek)
• 1st runner-up in Best in Design Award (Kom Chad Luek)
• Media Promoting Mental Health Award (Kom Chad Luek)
• Best Editorial Award 2010 (Krungthep Turakij)
• Best Environment Promoting Award (Krungthep Turakij)
• Best in Photojournalism Award (The Nation)
• Complementary Award – Beautiful Book category (WPS Co., Ltd.)

Environmental Metrics

ESG Focus Areas

• Social Contribution
• Corporate Governance
• Human Rights
• Environmental Sustainability

Environmental Achievements

• Not disclosed

Social Achievements

• Organized various social contribution activities, including educational programs for youth, financial literacy camps, and disaster relief efforts.
• Established Kom Chad Luek Career Training to enhance career skills among the public.
• Held the 9th Kom Chad Luek Awards to recognize outstanding achievements in the entertainment industry.
• Launched the "Than Khun Pan Din" project to recognize outstanding individuals contributing to society.

Governance Achievements

• Implemented corporate governance policy in line with the Stock Exchange of Thailand’s code of best practices.
• Established an Investor Relations Division to communicate with investors and shareholders.
• Established a clear and transparent policy regarding remunerations of Directors.
• Implemented policies to prevent insider information and conflicts of interest.

Climate Goals & Targets

Environmental Challenges

• Risk from advertising industry situation due to economic conditions.
• Risk from subsidiaries management and potential non-compliance.
• Risk from content production in maintaining quality across multiple platforms.
• Risk from key personnel retention.
• Risk from volatility of raw material prices (newsprint).
• Risk from debt obligation.
• Risk from exchange rate fluctuations.
• Risk from impairment of accounts receivable.

Mitigation Strategies

• Diversified into broadcasting business (Krungthep Turakij TV, KidZone TV) to minimize reliance on print media advertising.
• Adhered to good corporate governance, appointed top executives to subsidiary boards, and implemented Target-Based Strategy assessment.
• Introduced new technologies to improve content production efficiency and introduced multi-platform skills training for journalists.
• Emphasized human resource development and succession planning.
• Developed a comprehensive understanding of the newsprint price cycle and used forward contract agreements to hedge against exchange risks.
• Presented financial projection documents to creditors and implemented strict investment policy.
• Adopted a policy for hedging against foreign currency exchange risks by placing forward contracts on orders for newsprint paper.
• Established policies for debt collection and allowances for doubtful accounts, and created a Debt Collection Unit.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Numerous awards received by various subsidiaries in different categories (Investor Relations, News, Documentary, Green Development, Photography, Books, Printing).

Environmental Metrics

ESG Focus Areas

• Social
• Governance

Social Achievements

• Various social activities throughout the year (details in the annual report section on social activities).
• Kom Chad Luek's "Thank You to the Nation" volunteer program helped schools and communities in need.
• The Nation's fundraising campaign for Typhoon Haiyan victims raised over 160,000 USD.

Governance Achievements

• Established a Code of Conduct for employees.
• Implemented anti-corruption training.
• Improved corporate governance practices, receiving a "very good" rating (4 stars) from the Institute of Directors (IOD).

Climate Goals & Targets

Environmental Challenges

• Economic slowdown impacting advertising revenue.
• Political instability affecting sales.
• Competition in the media industry.
• Fluctuations in raw material prices (paper).
• Technological changes and the rise of new media.

Mitigation Strategies

• Developed a multi-channel, multi-platform content strategy.
• Diversified revenue streams through digital media, events, and other initiatives.
• Implemented cost-control measures.
• Strategic investment in digital TV.
• Developed alternative sourcing strategies for paper.
• Continuous employee training and development.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Various awards received by different subsidiaries (details in the annual report).

Environmental Metrics

ESG Focus Areas

• Social
• Governance

Social Achievements

• Nation Bike Thailand 2017
• โครงการแทนคุณแผ่นดิน
• โครงการกล่องวิเศษ
• โครงการ “เนชั่นรวมใจ…สร้างฝายคืนความชุ่มชื้นให้ผืนป่าม่อนพระยาแช่”
• โครงการอนุรักษ์พันธุกรรมพืชอันเนื่องมาจากพระราชดำริ สมเด็จพระเทพรัตนราชสุดาฯสยามบรมราชกุมารี (อพ.สธ.-ม.เนชั่น)
• Nation Bike Thailand 2017 “ปั่นรักษ์ป่าน่าน ปันบุญ ครั้งที่ 2”
• โครงการ Smile Library ปี 4
• NJ Spelling Bee 2017
• The 12th Junior Dublin Literary Awards for Thailand 2016
• Workshop สําหรับอาจารย์ “Introduction to Creative Writing”
• โครงการชมรมดนตรีเนชั่น
• โครงการ “ ปั้นฝัน เดอะบัณฑิต ปี 4 “

Governance Achievements

• ได้รับรางวัลรางวัลจากโครงการแนวร่วมปฏิบัติของภาคเอกชนไทยในการต่อต้านการทุจริต
• ได้รับรางวัล “NACC Awards” สื่อต่อต้านทุจริต
• ได้รับรางวัลจาก สมาคมผู้จัดพิมพ์และผู้จัดจำหน่ายแห่งประเทศไทย

Climate Goals & Targets

Environmental Challenges

• Competition from digital media impacting traditional media.
• Economic slowdown affecting advertising revenue.
• Changes in consumer behavior towards digital media.
• High operating costs in the print media industry.
• Fluctuations in raw material prices (paper).
• Debt burden.
• Digital TV license fees.
• Foreign exchange rate fluctuations.
• Securing funding from external sources.
• Risk of bad debts.
• Potential dilution effect from warrant exercises.
• Impact of stock suspension ('SP' marking).
• Risk of content production in the face of online and social media competition.
• Risk of retaining experienced personnel.
• Rapid technological changes.
• Potential conflicts of interest.

Mitigation Strategies

• Restructuring and cost reduction, particularly in personnel.
• Asset sales to reduce financial burden.
• Focusing on digital business and content diversification.
• Developing new revenue streams from New Media and events.
• Strict cost management.
• Improving content to meet target audience needs.
• Utilizing New Media platforms.
• Developing alternative sourcing strategies.
• Strict control of paper usage and inventory management.
• Forward contracts to manage foreign exchange risk.
• Selling non-core businesses (Nation U, WPS, NML).
• Negotiating with creditors for debt repayment schedules.
• Strengthening core news teams and expanding digital presence.
• Employee development and retention programs.
• Investing in IT and communication technologies.
• Developing multi-media advertising campaigns.
• Clear separation of business units for efficient management.
• Appointment of senior executives to subsidiary boards.
• Strong corporate governance practices.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• รางวัลจากโครงการแนวร่วมปฏิบัติของภาคเอกชนไทยในการต่อต้านการทุจริต
• รางวัล “NACC Awards” สื่อต่อต้านทุจริต
• รางวัลจาก สมาคมผู้จัดพิมพ์และผู้จัดจำหน่ายแห่งประเทศไทย