Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic
• Social
• Environmental
• Governance

Environmental Achievements

• Reduced greenhouse gas emissions from fuel use (quantified data provided in the report, but needs calculation to be expressed as percentage reduction)
• Implemented measures for efficient water resource use

Social Achievements

• Implemented policies and guidelines to satisfy customer needs, resulting in positive feedback
• Rigorous driver selection and training processes
• Various employee wellbeing initiatives (e.g., Songkran merit-making, Happy Body event, Safety Day event, retirement honors)

Governance Achievements

• Established corporate governance policy aligned with SEC and SET guidelines
• Implemented anti-bribery and corruption policy
• Established Code of Conduct for executives and employees
• Implemented a risk management system

Climate Goals & Targets

Environmental Challenges

• Risk from disruptive technology (electric vehicles)
• Risk from shortage of personnel ready to support digital transformation
• Declining competitiveness and inability to maintain service quality standards

Mitigation Strategies

• Studying new technology to adapt or replace petrol-powered vehicles
• Jointly developing technology with experts
• Emphasis on recruiting new employees and training existing ones
• Pushing more human resource policies

Supply Chain Management

Responsible Procurement

• Transparent procurement, fair and verifiable

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Stock Exchange of Thailand (SET) guidelines

Certifications: ISO 39001:2012 (Road traffic safety management system)

Environmental Metrics

ESG Focus Areas

• Safety
• Economic
• Social
• Environmental
• Corporate Governance

Environmental Achievements

• Reduced CO2 emissions from diesel fuel use (specific figures in report, but not easily quantifiable without further calculation)
• Reduced CO2 emissions from electricity consumption through Solar Rooftop installation (started August 2022, quantitative data not provided)
• Efficient use of water resources through vehicle leak inspection and water circulation (qualitative achievement)

Social Achievements

• Defensive driving technique training for drivers in collaboration with Safety and Health at Work Promotion Association Thailand
• Service mind training for professional drivers
• Zero time loss injury rate achieved in 2022

Governance Achievements

• Established corporate governance policy in accordance with SEC and SET guidelines
• Established anti-bribery and corruption policy (Zero-Tolerance Policy)
• Implemented a Code of Conduct for executives and employees

Climate Goals & Targets

Environmental Challenges

• Economic situation impacting financial risk
• Rapid technological changes
• Automation and robotics impacting the supply chain
• Global warming
• Population change and aging society

Mitigation Strategies

• Careful financial and investment planning
• Introduction of intelligent technologies to increase efficiency and reduce costs
• Monitoring and evaluating risk management results
• Continuous improvement and development of resources and human resources
• Maintaining good relationships with surrounding communities

Supply Chain Management

Responsible Procurement

• Transparent procurement, fair and verifiable

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Stock Exchange of Thailand (SET)

Certifications: ISO 39001:2012 (Road traffic safety management system)

Environmental Metrics

ESG Focus Areas

• Carbon Neutrality
• Environmental Sustainability
• Good Corporate Governance

Environmental Achievements

• Prepared an organization's carbon footprint report for 2023, verified and registered with the TGO.
• Sold 9 used passenger buses and invested in 67 new service vehicles, including an electric mini-van.
• Aims to reduce the negative impact of greenhouse gas emissions and reduce energy costs.

Social Achievements

• Received an “Excellent” score in the CGR project organized by IOD for good corporate governance.
• Received the Business Excellence Market cap. group award and Outstanding Investor Relation Awards at the SET Awards 2023.
• Drivers receive short-term and long-term training to improve service.

Governance Achievements

• Operates for sustainability in accordance with the principles of good corporate governance under a corporate governance committee.
• Disclosed greenhouse gas emissions data for 2023 in Form 56-1.
• Summarizes results to the Board of Directors every year.

Climate Goals & Targets

Environmental Challenges

• Increased direct service costs due to maintenance and reconditioning costs for used buses and increased diesel prices.
• Worthiness of Power Energy investment under study.

Mitigation Strategies

• Able to control costs appropriately despite increased direct service costs.
• Sufficient data collection process for Power Energy investment.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Form 56-1

Certifications: Corporate Carbon Footprint (CFO) and Corporate Carbon Footprint Label

Awards & Recognition

• Business Excellence Market cap. group award
• Outstanding Investor Relation Awards at the SET Awards 2023