Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic
• Social
• Environmental
• Corporate Governance

Environmental Achievements

• Reduced greenhouse gas emissions (CO/CO2) through energy reduction measures in oil refining and office operations. Implemented initiatives such as solar rooftop installations on warehouses and reforestation projects.
• Improved water management by treating wastewater from oil refining processes before emission, ensuring compliance with standards set by the Royal Irrigation Department and Ministry of Industry.
• Reduced air pollution (dust, SO2, NO2) through monitoring and operational improvements.

Social Achievements

• Maintained a workplace with zero accidents for employees, contractors, and other stakeholders.
• Provided employee training (average 0.34 hours/person) covering workplace safety, quality management systems (ISO 9001:2015), food safety (FSSC 22000 and BRC22000), and Thai labor standards.
• Implemented employee welfare programs beyond legal requirements, including provident funds, group insurance, and housing welfare.

Governance Achievements

• Established a robust corporate governance framework aligned with the Good Corporate Governance Principles for Listed Companies 2017 and the Thai Institute of Directors Association (IOD) guidelines.
• Implemented an anti-corruption policy and risk management handbook, becoming a member of the Coalition Against Corruption.
• Established clear procedures for preventing conflicts of interest and related party transactions, with oversight from the Audit Committee.

Climate Goals & Targets

Environmental Challenges

• Reduced sugarcane production in Thailand leading to lower sugar intake and impacting port and warehouse services.
• Container shortages affecting container port services.
• Maintaining consumer confidence in product safety amidst hygiene concerns.

Mitigation Strategies

• Constructed a new warehouse to compensate for leased space used by subsidiaries.
• TS Warehouse Co., Ltd. constructed two new warehouses to support goods storage.
• Focused on standard procedures and quality control throughout the value chain to ensure product safety and maintain consumer confidence.
• TSO is in the process of obtaining FSSC 22000 and BRC 22000 certifications.

Supply Chain Management

Responsible Procurement

• Fair trade practices
• No gift policy
• Business ethics for suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI-G4 (Core level)

Certifications: ISO 9001:2015 (TSTE), ISO 22000:2005, GMP, HACCP, Halal, Kosher (TSO)