Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Management
• Social Management
• Governance Management

Environmental Achievements

• Provided industrial waste disposal and treatment standards for 75,350.82 tons of waste
• Received the Carbon Footprint for Organization: CFO (3rd year) certificate
• Received Eco Factory certification for the 2nd time
• Received Green Industry Certificate, Level 4

Social Achievements

• CSR-DIW Continuous Award 2021
• “Gold Medal” award under the project for developing and upgrading industrial hazardous waste management operators
• Received Thailand Sustainability Investment Award or "Sustainable Stock" for the 7th consecutive year

Governance Achievements

• Result of the quality assessment of the 2021 Annual General Meeting AGM receiving 100 points from the Thai Investors Association
• The Company’s results from corporate governance assessment of Thai listed companies (CGR) in 2021 met the criteria for “excellence”

Climate Goals & Targets

Environmental Challenges

• Disruptions in the industrial production chain due to the COVID-19 epidemic
• Risks of causing environmental impacts to nearby communities
• Risks that may affect the safety and health of employees
• Risks from Coronavirus Disease 2019 (COVID-19)
• Risks from natural disasters such as floods, storms, earthquakes
• Greenhouse gas emissions from energy use and waste incineration
• Higher production cost due to machine’s lifetime
• Risks related to the operation of new hazardous waste incineration systems
• Competition risk from other organizations
• Higher labor costs due to labor shortage
• Risks from changes in government policy and regulations
• Risks from digital transformation and infringement of personal data rights
• Cyber threat risk

Mitigation Strategies

• Established an “Environmental policy” and implemented various measures as specified in the Environmental Impact Assessment Report
• Appointed the “Standards and Risk Management System Committee” and a “Community Responsibility (CSR) Committee”,
• Implemented various measures to reduce environmental impacts and provide ecological quality monitoring
• Clearly defined safety policies to control the impact on occupational health and safety of employees
• Prepared a Business Continuity Plan (BCP) to support incidents
• Provided insurance for risks including property, machinery breakdown, and public liability insurance
• Organized activities to instill awareness among employees on resource and energy use
• Analyzed and procured more efficient equipment to increase hazardous waste’s incineration potential and save energy
• Studied and developed innovations in air bag disposal
• Organizational Development for Customer Engagement
• Focus on expanding the service market
• Cautious financial policy and continuous monitoring of the money market
• Prepared a “Personal Data Protection Policy”
• Prepared an IT Contingency plan
• Developed the currently responsible personnel to have more skills and skills
• Investments are made to develop work systems to support new technologies and prevent risks from cyber threats

Supply Chain Management

Responsible Procurement

• Business Code of Conduct
• AKP Supplier Code of Conduct
• Procurement manual
• Policies on safety, health, environment, society, and good corporate governance

Climate-Related Risks & Opportunities

Physical Risks

• Floods
• Storms
• Earthquakes

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards, UN: Sustainable Development Goals: SDG, The United Nations Guiding Principles on Human Rights (UNGPS)

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 26000, Carbon Footprint for Organization: CFO

Third-party Assurance: Karin Audit Co., Ltd.

Awards & Recognition

• Thailand Sustainability Investment Award
• Sustainability Disclosure Recognition Award
• CSR-DIW Continuous Award 2021
• “Gold Medal” award
• Eco Factory certification
• Green Industry Certificate, Level 4

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Good Corporate Governance (ESG)

Environmental Achievements

• Received a certificate for Carbon Footprint for Organization (CFO) for the year 2021 and Carbon Footprint Product (CFP) for the year 2022-2025 from the Minister of Natural Resources and environment which shows effective management of reducing greenhouse gas emissions
• Received Level 4 Green Industry Certificate, Green Culture.
• Reduced natural gas use by 7% from 2022
• Reduced the amount of greenhouse gas emissions from the use of natural gas by 5% from 2022
• Reduced the amount of tap water used by 13.82 percent from 2022
• Reduced the amount of waste remaining from sorting and burning by 14.81%

Social Achievements

• Received CSR-DIW Continuous Award 2023 Social Responsibility Standards From the Department of Industrial Works
• Received certification of Eco Factory Standards for the years 2021-2024, demonstrating social responsibility. Community development and community economic promotion From the Federation of Thai Industries
• Employee satisfaction
• Community feedback
• No labor disputes in 2023

Governance Achievements

• Has been certified as a member of the Collective Action Coalition (CAC) 2022 of the Thai private sector in combating corruption.
• The results of evaluating the quality of organizing the 2023 Annual General Meeting of Shareholders (Annual General Meeting AGM) to preserve the legitimate rights of investors received a score of 100 points from the Thai Investors Association.
• Excellent” for the assessment of corporate governance of Thai listed companies (CGR) for the year 2023
• Zero complaints about good governance
• Customer satisfaction

Climate Goals & Targets

Environmental Challenges

• Intense market competition affecting pricing strategy and income.
• Increased operational costs due to rising prices of natural gas, water, electricity, and maintenance.
• Risks from managing financial liquidity due to the current economic situation and customer payment ability.
• Risks from changes in government policy and legal compliance.
• Risks from cyber threats and data security.
• Environmental risks from greenhouse gas emissions.
• Risks from climate change, including natural disasters and regulatory changes.
• Social risks from potential negative impacts on the community.
• Human rights risks related to labor rights, service user rights, and natural resource use.
• Governance risks from potential corruption and misconduct.
• Risks from personnel shortages.
• Energy risks from reliance on natural gas and its price volatility.
• Smuggling of waste and improper disposal.
• Increasing amount of hazardous waste.

Mitigation Strategies

• Competitive strategy focusing on quality service, comprehensive services, and legal compliance.
• Process improvements to reduce incineration costs, such as using industrial waste with calorific value and wastewater for furnace temperature reduction.
• Emphasis on financial liquidity management, customer data analysis, and debt payment follow-up.
• Monitoring and preparation for changes in laws and regulations.
• Information system policy covering security measures and disaster prevention plans.
• Environmental policy, ISO 14001:2015 and ISO 45001:2018 certifications, and committees for environmental impact management.
• Activities to raise employee awareness of resource and energy use, energy management policies, and environmental conservation projects.
• Community development activities, stakeholder engagement, and complaint management mechanisms.
• Human rights policy aligned with UNGP principles, due diligence process, and fair labor practices.
• Business ethics, anti-bribery policy, internal control system, audit committee, and complaint reporting channels.
• Job succession plan, employee development policy, and family-based organizational culture.
• Energy management policy, energy conservation plans, and annual energy management reports.
• Research and development of new incineration technologies and alternative energy sources.
• Improved production processes for more efficient waste incineration and pollutant treatment.

Supply Chain Management

Supplier Audits: 3 important business partners assessed in 2023

Responsible Procurement

• Supplier Code of Conduct
• Green Procurement project

Climate-Related Risks & Opportunities

Physical Risks

• Natural disasters damaging the kiln and systems

Transition Risks

• Changes in government regulations and policies
• Customer behavior changes

Opportunities

• Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 26000

Sustainable Products & Innovation

• Hydraulic press waste feed device for high-viscosity waste

Awards & Recognition

• CSR-DIW Continuous Award 2023
• Eco Factory Standards certification
• Level 4 Green Industry Certificate
• Sustainability Disclosure Recognition
• 100 points from the Thai Investors Association for AGM quality