Thantawan Industry Public Co., Ltd.
Climate Impact & Sustainability Data (2020, 2021)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:14,650.70 tCO2e/year
Scope 1 Emissions:20.80 tCO2e/year
Scope 2 Emissions:14,625.90 tCO2e/year
Scope 3 Emissions:4.00 tCO2e/year
Total Energy Consumption:21,096,016 FT/year
Water Consumption:73,055 m3/year
Waste Generated:1,008,979.36 kg/year
ESG Focus Areas
- Governance
- Economic Growth
- Supply Chain Management
- Environmental Management
- Community and Social Engagement
Environmental Achievements
- Received Green Industry Level 3 certification from the Department of Industrial Works.
- Achieved energy consumption per unit of production of 0.59 kWh/ton, below the target of 0.61 kWh/ton.
- Recycled 829,880 kg of waste (82% of total waste).
Social Achievements
- Employee Engagement Score of 76%.
- Average training hours per employee: 17.77 hours (staff), 27.91 hours (management), 18.44 hours (executive).
- Supported various community projects with a total budget of 4,802,442 THB, benefiting 36,806 people.
- Awarded "Outstanding Organization Supporting the Work of People with Disabilities".
Governance Achievements
- Achieved a 5-star CG Score for the 4th consecutive year.
- Member of CAC (Thailand’s Private Sector Collective Action Coalition against Corruption).
- Maintained a No Gift Policy for the 3rd consecutive year.
- Zero corruption incidents.
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impact on global economy.
- Slow new product development affecting competitiveness.
- High production costs.
- Fluctuation in exchange rates.
- Dependence on major clients.
- Rapid changes requiring quick adaptation of personnel.
Mitigation Strategies
- Implemented strict public health measures.
- Improved new product development processes and personnel training.
- Increased efficiency in production, employee training, and machinery upgrades.
- Used financial tools like Forward Contracts.
- Increased sales from other clients and expanded sales channels.
- Long-term personnel development plan and Agile work methods.
Supply Chain Management
Responsible Procurement
- Ethical sourcing practices, including respect for human rights and labor standards.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards
Certifications: ISO 14001:2004, ISO 50001
UN Sustainable Development Goals
- SDG 2
- SDG 3
- SDG 4
- SDG 5
- SDG 6
- SDG 7
- SDG 8
- SDG 9
- SDG 12
- SDG 13
- SDG 14
- SDG 15
- SDG 16
The company's initiatives contribute to these SDGs through various programs and policies.
Sustainable Products & Innovation
- Compostable bioplastics (SUNBIO)
- Recycled plastics
- Reusable straws (SUNECO)
Awards & Recognition
- Thailand Sustainability Investment (THSI) Award (2020)
- Outstanding Organization Supporting the Work of People with Disabilities (2020)
- Mommy’s Choice Award (for SUNMUM breast milk storage bags)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:13,582.95 tCO2e/year
Scope 1 Emissions:20.89 tCO2e/year
Scope 2 Emissions:13,559.28 tCO2e/year
Scope 3 Emissions:2.78 tCO2e/year
Total Energy Consumption:22,651,660 FT/year
Water Consumption:74,047 m3/year
Waste Generated:1,658,296 kg/year
ESG Focus Areas
- Corporate Governance
- Economic Issues
- Environmental Issues
- Social and Community Issues
- Employee Welfare
Environmental Achievements
- Decreased greenhouse gas emissions by 7.13% from 2020
- Recycled 1,552,381 kg of waste (93% of total waste)
- Reused 5,201 cubic meters of water (7% of total water used)
- Certified as an eco-industrial factory at the Silver Awards level
Social Achievements
- Launched SUNFAMILY application for managing breast milk stock
- Provided COVID-19 aid packages and factory isolation for employees and community members
- 91% of employees returned to work after maternity leave
- 85% of employees are local people around the factory
Governance Achievements
- Achieved a CG Score of 5 stars (94%) from the Thai Institute of Directors Association for the 4th consecutive year
- Scored 100 points on the AGM checklist from the Thai Investors Association
- Certified as a member of the Thai Private Sector Collective Action Coalition Against Corruption (CAC) since 2016
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impacting global supply chains and consumer behavior
- Risk of delays in new product development
- Risk of higher raw material prices
- Risk of revenue growth from own-brand products not achieving targets
Mitigation Strategies
- Adjusted business strategy to be more flexible and agile
- Monitored external risks to prevent supply chain shortages
- Implemented investment criteria and guidelines
- Implemented market research to create suitable competitive strategies
- Developed alternative sourcing strategies
- Established policy and increased productivity through employee training and machine maintenance
- Implemented a plan of labor optimization by improving production processes with new technologies
Supply Chain Management
Responsible Procurement
- Clarified company operations to business partners
- Provided knowledge on raw material management and operating procedures
- Developed collaboration and clarified issues for improvements
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards
UN Sustainable Development Goals
- SDG 2
- SDG 3
- SDG 4
- SDG 5
- SDG 6
- SDG 7
- SDG 8
- SDG 9
- SDG 12
- SDG 13
- SDG 14
- SDG 15
- SDG 16
The company's initiatives contribute to these goals through various aspects of their operations, including environmental conservation, social engagement, and corporate governance.
Sustainable Products & Innovation
- SUNBIO (bio-plastic)
- SUN Eco straw
- SUNBIN recycling products
- SUNMUM Smart bag
- SUNZIP Antivirus
Awards & Recognition
- Rising Star Sustainability Excellence 2021
- Outstanding Company Performance Awards 2021
- ESG 100 Company 2021
- Outstanding CEO Awards 2021
- Thailand Sustainability Investment (THSI) 2019-2021
- Department of Empowerment of Persons with Disabilities 2021
- Design Excellence Awards 2021
- G-Mark 2021
- DEmark: Design Excellence Award 2021
- KMUTNB Innovation Awards 2nd Place Innovative Ideas 2020
- Thailand Plastics Award 2020 Eco Factory plus Social Value: Silver Awards
- Thailand Plastics Award 2020 Eco Factory plus Social Value: Bronze Award