Raja Ferry Port Public Company Limited
Climate Impact & Sustainability Data (2015)
Reporting Period: 2015
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Water quality monitoring in seaports every three months and reporting to the Marine Department.
- Monitoring System Wastewater Treatment (SATS) every three months.
- Ban on dumping wastewater and chemicals into the sea.
- Large tree planting projects to prevent soil erosion.
Social Achievements
- Organized community benefit activities (sports events, Children’s Day).
- Local employment and community development projects.
- Discounts and benefits for elderly, monks, students, and police officers.
- Sale of membership cards to locals for ferry discounts.
Governance Achievements
- Established a written anti-corruption policy approved by the Board of Directors.
- Appointed an independent committee of 5 members (including a 3-person audit committee) out of 9 directors.
- Implemented policies for equitable treatment of shareholders and stakeholders.
Climate Goals & Targets
Environmental Challenges
- Risk from accidents during ferry operation.
- Dependency on the tourism industry in Thailand.
- Risk associated with obtaining necessary permission to operate.
- Dependency on special talent of personnel.
- Finding sufficient parking space for customers at Pa-ngan port.
- Fluctuation of diesel oil prices.
- Reliance on only a few oil suppliers.
- Compliance with laws governing ferry business operation.
- Adjusting ticket prices within government-imposed ceilings.
- Excessive influence of the majority shareholder group.
Mitigation Strategies
- Proactive safety measures (weather monitoring, route planning, equipment, life jackets, etc.).
- Diversification of income streams (business customers, chartered services).
- Preparation of necessary documents for timely permit renewal.
- Continuous staff training and competitive compensation packages.
- Seeking a new parking space if necessary.
- Altering fuel mixing formulas to reduce costs.
- Maintaining good relationships with major fuel suppliers.
- Strict adherence to laws and regulations.
- Monitoring world diesel prices and recommending price adjustments.
- Appointing independent directors to act as a check and balance.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Tidal waves
- Storms