Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility
• Good Corporate Governance
• Anti-corruption

Social Achievements

• Blood donation program with the Thai Red Cross Society (4 times in 2015)
• Volunteer program for senior citizens

Governance Achievements

• Established a Corporate Governance Policy aligned with the Principles of Good Corporate Governance for Listed Companies 2012 (Thailand)
• Established Audit Committee, Executive Committee, Nomination and Remuneration Committee, and Risk Management Committee
• Implemented policies and procedures for related party transactions

Climate Goals & Targets

Environmental Challenges

• Fluctuations in energy policies
• Dependence on PTT's gas pipeline network expansion
• Inconsistent revenue from project-based work
• Project delays
• Potential lawsuits
• Dependence on specialized personnel
• Fluctuations in NGV prices
• Dependence on PTT for NGV supply
• Dependence on major clients
• Risk of new competitors entering the market
• Risk of principal suppliers entering the market
• Fluctuations in foreign exchange rates
• Dependence on key management personnel
• Risk of major shareholders controlling decisions

Mitigation Strategies

• Closely monitoring energy policy changes
• Closely monitoring PTT's investment plans
• Emphasis on quality of service and timely project delivery
• Proactive planning and risk management in projects
• Preventive measures during pipeline construction
• Employee retention strategies (competitive salaries, benefits, training)
• Closely monitoring NGV price policies
• Long-term NGV supply contracts with PTT
• Strong relationships with clients
• Competitive advantages (expertise, service, long-term experience)
• Diversification of product portfolio
• Hedging strategies for foreign exchange risk
• Clear organizational structure and delegation of authority
• Establishment of various committees for oversight and checks and balances

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility
• Good Corporate Governance

Social Achievements

• Blood donation activities with the Thai Red Cross Society

Governance Achievements

• Implemented Corporate Governance Code 2020

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to COVID-19

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Economic
• Social
• Environmental

Environmental Achievements

• Reduced electricity consumption by 3.50% in 2022 compared to 2021.
• Reduced water consumption by 0.10% in 2022 compared to 2021.
• Reduced oil consumption by 34.85% in 2022 compared to 2021.
• Reduced paper consumption by 12.80% in 2022 compared to 2021.

Social Achievements

• Organized blood donation activities with the Thai Red Cross Society.
• Implemented a volunteer program for senior citizens.
• Implemented a waste segregation program.

Governance Achievements

• Established a risk management committee.
• Established an audit committee.
• Established a nomination and remuneration committee.
• Regularly reviewed and updated corporate governance policies.

Climate Goals & Targets

Environmental Challenges

• Inconsistent revenue from projects due to the nature of project-based contracts.
• Inconsistent revenue from sales due to high competition.
• Risk of principal suppliers entering the market directly.
• Dependence on key management personnel.
• Project delays.
• Difficulty in controlling project costs.
• Maintaining safety standards for NGV operations.

Mitigation Strategies

• Focus on quality of service and design.
• Maintaining high service standards and customer trust.
• Developing new sustainable products and services.
• Clear organizational structure and delegation of authority.
• Succession planning.
• Regular monitoring of project progress.
• Detailed budgeting and cost control measures.
• Employee training on safety and emergency procedures.
• ISO 45001:2018 certification for occupational health and safety.

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: ISO 9001:2015, ISO 45001:2018

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Solar Rooftop projects

Awards & Recognition

• 99% score from the Thai Investor Association (TIA) for AGM Checklist in 2022.
• 89% average score from the Institute of Directors in Thailand (IOD) for CGR 2022.

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Economic
• Social
• Environment

Environmental Achievements

• Reduced carbon footprint by 8.69% in 2023 (655.225 tons CO2e compared to 717.58 tons CO2e in 2022).
• Electricity consumption increased by only 1.35% in 2023, meeting the target of a maximum 5% increase from the 2022 baseline.
• Oil consumption decreased by 18.55% in 2023, meeting the target of a maximum 5% increase from the 2022 baseline.
• Paper usage increased by only 3.344% in 2023, meeting the target of a maximum 5% increase from the 2022 baseline. Cost savings of 3,365.00 THB (4.847%) were achieved compared to 2022.

Social Achievements

• Continued the annual blood donation program with the Thai Red Cross Society.
• Organized volunteer activities for elderly people.
• Implemented waste segregation program.
• Employed 2 disabled individuals.
• Provided concession space for 2 disabled-owned businesses.

Governance Achievements

• Received an excellent rating in the Corporate Governance Report of Thai Listed Companies 2023 from the Thai Institute of Directors.
• Achieved a perfect score of 100 in the AGM Checklist 2023 from the Thai Investor Relations Association.
• Implemented a succession plan for key positions.
• Regularly reviewed and updated the company's anti-corruption policy.

Climate Goals & Targets

Environmental Challenges

• Inconsistent revenue from project-based work.
• High competition in the market.
• Risk of brand owners entering the market directly.
• Dependence on key management personnel.
• Project delays.
• Difficulty in controlling project costs.
• Maintaining consistent revenue from sales.
• Fluctuations in the Thai baht exchange rate.
• Rising interest rates.
• Supply chain disruptions due to the COVID-19 pandemic and geopolitical conflicts.

Mitigation Strategies

• Focus on high-quality services and design.
• Maintaining high quality of work and after-sales service.
• Diversification of products and services.
• Clear organizational structure and delegation of authority.
• Succession planning.
• Close monitoring of project progress.
• Detailed budgeting and cost control measures.
• Employee training on cost control.
• Emphasis on employee safety and health.
• ISO 45001:2018 certification for occupational health and safety.
• Developing alternative sourcing strategies.
• Using forward contracts to hedge against currency fluctuations.
• Using interest rate swaps to manage interest rate risk.
• Cost reduction measures (e.g., bulk purchasing, reduced transportation costs).

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: ISO 9001:2015, ISO 45001:2018

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Excellent rating in the Corporate Governance Report of Thai Listed Companies 2023.
• Perfect score of 100 in the AGM Checklist 2023.