DO DAY DREAM PUBLIC COMPANY LIMITED
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:574.94 tCO2e (2023); 401.18 tCO2e (2022)
Scope 1 Emissions:43.53 tCO2e (2023)
Scope 2 Emissions:338.26 tCO2e (2023)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:1,150,100.94 MWh (2023)
Water Consumption:13,545.08 m3 (2023)
Waste Generated:Hazardous: 17.57 tons (2023); Non-hazardous: 35.30 tons (2023)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced energy consumption by 0.21 times from 2022; increased efficiency of electricity consumption per unit by 0.65 times from 2021
- Reduced water consumption by 0.96 times from 2022; increased efficiency of water consumption per unit by 1.12 times from 2022
- Reduced hazardous waste consumption by 5% and non-hazardous waste consumption by 10%
- Zero incidents related to waste management
- 100% of company vehicles use biodiesel
- Received ISO 14001 certification
Social Achievements
- Zero work-related fatality and high-consequence injuries
- Launched blind massage room project, employing two disabled massage therapists
- Employee turnover decreased to 0.16
- Employee engagement increased by 6.51% compared to the previous year
- Received Thai Labour Standard certification
Governance Achievements
- Consistently received a 5-star rating for corporate governance for the third consecutive year
- Received five awards from the Thai Investors Association (TIA)
- Implemented a sustainability policy integrating ESG into operations
- Established a whistleblowing policy with multiple reporting channels
Climate Goals & Targets
Long-term Goals:
- Net Zero Greenhouse Gas Emissions by 2050
Medium-term Goals:
- 20% energy consumption reduction in production and office with clean energy (2032)
- 20% water consumption reduction in production and office (2032)
- Achieve zero waste (2032)
- 100% of forklifts use electricity (2032)
Short-term Goals:
- 20% energy intensity reduction (2024)
- 20% water-usage-increasing effectiveness (2024)
- 5% hazardous waste consumption reduction (2024)
- 10% non-hazardous waste consumption reduction (2024)
Environmental Challenges
- High competition in the beauty and body care industry
- Risk of brand expansion not meeting market requirements
- Risk from new business investment using Mergers and Acquisitions (M&A)
- Risk from machinery disrupting manufacturing
- Risk of being unable to procure raw materials due to dependence on few distributors
- Risk from cyber threats
- Risk from lack of efficient personnel
- Risk from loss of exchange rate fluctuation
- Risk of failing to comply with the Personal Data Protection Act (PDPA)
- Risk from weather change due to greenhouse gas emission
Mitigation Strategies
- Create brand awareness, customer extension, product portfolio diversification, expansion of distribution channels
- Follow up on consumer behavior, market trends, develop new products, expand distribution channels
- Conservative investment, due diligence, investment guidelines focusing on 5 strategic pillars
- High-quality machinery, preventive maintenance, emergency plan (BCM&BCP)
- Recruit additional distributors, long-term purchase agreements
- Information Technology Security Policy, improved computer systems, security systems, Business Continuity Plan (BCP) and Disaster Recovery Plan (DRP)
- Recruitment policy, succession planning
- Follow up on exchange rate fluctuations, Forward Contract, Options Contract
- Personal Data Protection Policy, data protection officer (DPO), working group
- Sustainability policy, carbon pricing project, investment in R&D of low-carbon products, renewable energy, environmentally friendly projects, change packaging to eco-friendly materials
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct
- ESG evaluation process (in progress)
Climate-Related Risks & Opportunities
Physical Risks
- Severe weather events
Transition Risks
- Regulatory changes related to greenhouse gas emissions
Opportunities
- Development of energy-efficient products and processes
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 22716, ASEAN GMP for Cosmetics, GMP QUALITY, HALAL (HAS 23000), Green Industrial Level 3
Third-party Assurance: KPMG Phoomchai Audit Limited
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Biodegradable packaging materials
- Products with naturally sourced ingredients
Awards & Recognition
- 5-star rating for corporate governance (IOD)
- Five awards from TIA
- Excellence level for CGR 2023 (IOD)