Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economy
• Society
• Environment
• Good Corporate Governance

Environmental Achievements

• Reduced electricity consumption in the Company’s office by 48% compared to 2021 (80,039 kWh vs 154,400 kWh)
• Reduced greenhouse gas emissions from electricity consumption by 48% compared to 2021 (39 tons of CO2e vs 75 tons of CO2e)

Social Achievements

• Provided educational opportunities for 41 underprivileged students (35 from employee recruitment and 6 from forest rangers)
• Achieved 98.5% completion rate for Individual Development Plans (IDPs) for employees
• Employee engagement score of 74% after survey

Governance Achievements

• Received an “Excellent” (5-star) CG Rating from the IOD for the tenth consecutive year
• Listed in Thailand Sustainability Investment (THSI) for eight consecutive years
• Recertification of membership from Thai Private Sector Collective Action Against Corruption for the third consecutive time

Climate Goals & Targets

Environmental Challenges

• Slow recovery of the Thai economy due to macroeconomic factors (energy prices, inflation)
• Price competition in the mobile and home broadband markets
• Potential amalgamation of main competitors in the mobile market
• Increasing intensity of ESG requirements from investors
• Significant commercial disputes and litigations

Mitigation Strategies

• Active portfolio management and investment in new business opportunities
• Focus on fixed-mobile-content convergence (FMC) strategy and service quality leadership
• Close monitoring of the competitive landscape and adjustment of strategies
• Strengthening ESG practices and proactive risk management
• Careful consideration of risks and implementation of appropriate mitigation measures in all investment decisions
• Engaging legal advisors and arbitration to resolve disputes

Supply Chain Management

Responsible Procurement

• Purchasing policy for environmentally-friendly services and certified products
• Supplier Code of Conduct (since 2016)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, Sustainability Reporting Guide for Listed Companies of the Stock Exchange of Thailand, UN Sustainable Development Goals

Certifications: ESG 100 Certificate from Thaipat Institute, Thai Private Sector Collective Action Against Corruption Certification

Awards & Recognition

• Outstanding Company Performance Award
• Excellent CG Rating (IOD)
• ESG 100 Certificate (Thaipat Institute)
• ASEAN Asset Class Award
• Thailand Sustainability Investment Awards

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced electricity consumption by 70%
• Reduced greenhouse gas emission from electricity consumption by 5%

Social Achievements

• 100% achievement of the individual development plan (IDP)
• Employee engagement score of 81%
• Granted 41 scholarships to underprivileged students
• Supported Bangkok School for the Blind with AIS Academy’s ReaDi E-Library Platform

Governance Achievements

• Received an “Excellent” rating from the Corporate Governance Report of Thai Listed Companies compiled by the Thai Institute of Directors Association (IOD)
• Compliance with SET ESG rating and included in SET ESG rating stock list

Climate Goals & Targets

Environmental Challenges

• Significant changes in the mobile telecommunications industry in Thailand resulting from the consolidation of market players
• Global economic slowdown and gradual domestic economic growth
• Risks associated with new acquisitions (Triple T Broadband and Jasmine Broadband Internet Infrastructure Fund)
• Cyber security threats
• Loss of key personnel
• Foreign exchange and interest rate risks
• Uncertainties in the monetary and fiscal policies of the country
• Possible non-compliance with the Agreement for the Operation of Domestic Communication Satellites
• Geopolitical risks
• Human rights risks
• Climate change risks

Mitigation Strategies

• Strategic adaptability and focus on operational efficiency
• Structured management process for acquisitions, change management advisors, and effective staff communication
• Comprehensive financial plan and rigorous cash flow management
• Cybersecurity framework, Information Security Policy, Multi-Factor Authentication (MFA), Information Security Operations Center (SOC), and cybersecurity awareness training
• HR Policy, succession plan, and digital literacy development
• Conservative foreign exchange management, hedging instruments (forward and swap contracts, interest rate swaps)
• Maintaining excess cash on hand, diversifying funding sources, and using hedging instruments
• Addressing legal disputes proactively
• Regular review and improvement of investment plans, risk diversification
• Comprehensive human rights policy, employee well-being initiatives
• Adherence to sustainable development principles, carbon footprint assessments

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct (since 2016), consideration of environmental and social factors in supplier selection

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards (GRI Standards), UN Sustainable Development Goals

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• SET ESG Ratings Awards 2023
• Thaipat Institute’s Sustainability Disclosure Awards 2023
• Thai Institute of Director Association’s 5-star rating in the Corporate Governance Report of Thai Listed Companies 2023
• CMMU-ESG Award 2023