Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Completed phase 2 of the Biogas project to improve wastewater treatment and energy efficiency.
• Reduced pollution, odors, and pest problems.

Social Achievements

• Launched CPI Learning Center to educate on sustainable palm oil practices.
• Implemented a program to breed owls to control rodent populations in palm oil plantations.
• Various community engagement activities including planting trees, cleaning temples, and supporting local events.

Governance Achievements

• Established an anti-corruption policy and whistleblower protection policy.
• Implemented a robust internal control system and internal audit function.

Climate Goals & Targets

Environmental Challenges

• Fluctuations in fresh fruit bunch (FFB) supply due to weather conditions and palm tree age.
• Price volatility of crude palm oil (CPO) in the global market.
• Labor shortages, particularly during harvest seasons.
• Competition from other vegetable oils and potential impacts of the ASEAN Economic Community (AEC).
• Growing demand for RSPO certified palm oil.

Mitigation Strategies

• Replanting program to replace old palm trees.
• Forward sales contracts to manage CPO price risk.
• Utilizing machinery and employing workers from neighboring countries.
• Diversifying customer base and strengthening relationships with key clients.
• Obtaining RSPO Supply Chain Certification and working towards RSPO certification for its own palm plantations.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Outstanding Enterprise Award for Labor Skill Development (2013)
• National Outstanding Enterprise Award for Occupational Safety, Health, and Environment (2014, 2015, 2016)
• CSR DIW for Beginner AWARDS (2013)
• Certificate of Merit for the Project to Enhance Capacity and Motivate Compliance with the Law for Employers/Enterprises (2014)
• Certificate of Merit for the Project to Increase Labor Productivity According to the Needs of Enterprises (2014)

Environmental Metrics

ESG Focus Areas

• Sustainability Management (SM)
• Corporate Social Responsibility (CSR)
• Anti-corruption

Environmental Achievements

• Developed biogas technology to manage wastewater, conserving energy and protecting the environment.
• Implemented a pipeline system to distribute treated wastewater to a livestock development center and surrounding farmers for irrigation, reducing water scarcity and fertilizer needs.
• Established the CPI Learning Center, a palm oil knowledge center, including a 500-rai demonstration plot.

Social Achievements

• Planted palm oil trees to fund school lunches.
• Supported various community activities such as annual Kathin ceremonies, youth sports, senior citizen events, and reforestation projects.

Governance Achievements

• Established a Corporate Governance Committee in 2015.
• Improved Corporate Governance Report (CGR) score from 2 stars in 2014 to 4 stars in 2015 (80% vs. 75% average).

Climate Goals & Targets

Environmental Challenges

• Seasonal shortages of fresh palm fruit in Q1 and Q4 2015.
• Reduced fresh palm fruit yield due to replanting old palm trees.
• Government intervention in fresh palm fruit prices, distorting market mechanisms.
• Global drought affecting palm fruit supply.
• High domestic palm oil costs compared to international markets, limiting exports.
• Competition in procuring fresh palm fruit.
• Fluctuations in raw material and byproduct prices.
• Potential for smuggling of palm oil due to price discrepancies.
• Impact of ASEAN Economic Community (AEC) on the palm oil industry.

Mitigation Strategies

• Replanting program to increase long-term palm fruit yield.
• Investment in a new palm oil extraction plant and power plant to reduce reliance on external CPO and generate stable revenue from electricity sales.
• Diversifying raw material sourcing.
• Building strong relationships with farmers.
• Utilizing forward markets for hedging.
• Selling byproducts promptly to minimize price volatility.
• Implementing effective quality control measures.
• Investing in a biogas system to manage wastewater and reduce environmental impact.
• Developing alternative sourcing strategies.
• Closely monitoring government policies and market conditions.
• Managing inventory levels effectively.
• Controlling costs.
• Expanding cultivation area in the long term.
• Developing a succession plan for key positions.
• Employee training and development programs.
• Implementing comprehensive safety, occupational health, and environmental policies.
• Preventive maintenance of machinery.
• Comprehensive insurance coverage for assets and business interruption.
• Monitoring weather patterns and water conservation strategies.
• Interest rate swap to mitigate floating interest rate risk.
• Forward contracts to manage foreign exchange risk.
• Robust information systems and business continuity plan.

Supply Chain Management

Responsible Procurement

• Fair pricing for palm fruit from farmers.

Climate-Related Risks & Opportunities

Physical Risks

• Drought

Awards & Recognition

• Outstanding Enterprise Award for Labor Skill Development (2010), Chumporn Province
• National Outstanding Enterprise Award for Occupational Safety, Health, and Environment (2012, 2013, 2014, 2015)
• CSR DIW for Beginner AWARDS 2013

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Developed a biogas system to manage wastewater, reducing pollution and conserving energy.
• Implemented natural pest control methods (owls) to reduce the use of chemicals in palm oil plantations.
• Reduced chemical fertilizer use in palm oil plantations by using organic fertilizers from wastewater treatment.

Social Achievements

• Launched employee well-being programs.
• Community investment initiatives (e.g., supporting local schools, community events).
• Established anti-corruption training for all employees.

Governance Achievements

• Implemented a robust corporate governance framework.
• Established a whistleblower policy.
• Adherence to the principles of good corporate governance.

Climate Goals & Targets

Environmental Challenges

• High competition in procuring raw materials (fresh palm fruit).
• Fluctuations in raw material and byproduct prices.
• Demand and supply imbalances in the palm oil industry.
• Natural disasters (e.g., droughts) impacting raw material supply.
• Competition from other vegetable oils (e.g., soybean oil).

Mitigation Strategies

• Diversified sourcing of raw materials.
• Hedging strategies to manage price volatility.
• Inventory management to take advantage of low prices.
• Monitoring weather conditions to plan and manage plantations.
• Developing alternative sourcing strategies.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Droughts
• Extreme weather

Awards & Recognition

• CSR DIW for Beginner AWARDS 2556
• สถานประกอบการดีเด่นด้านการพัฒนาฝีมือแรงงานประจ้าปี 2553 (Chumphon)
• สถานประกอบการดีเด่นระดับประเทศ ปี 2555 (National-level safety, occupational health, and work environment award)
• สถานประกอบการดีเด่นระดับประเทศ ปี 2556 (National-level safety, occupational health, and work environment award)
• สถานประกอบการดีเด่นระดับประเทศ ปี 2557 (National-level safety, occupational health, and work environment award)
• สถานประกอบการดีเด่นระดับประเทศ ปี 2558 (National-level safety, occupational health, and work environment award)

Environmental Metrics

ESG Focus Areas

• Community Development
• Environmental Sustainability
• Corporate Governance

Environmental Achievements

• Implemented biogas technology to manage wastewater, reducing energy consumption and environmental impact.
• Developed a project to distribute treated wastewater to nearby farms for irrigation, reducing water scarcity and fertilizer use.

Social Achievements

• Allocated 1,129,076 THB for CSR activities including mangrove planting, community events, and school improvements.
• Established the CPI Learning Center to educate on palm oil cultivation, with 18,874 visitors.

Governance Achievements

• Received certification as a member of the Thai Private Sector Collective Action Coalition Against Corruption (CAC).
• Achieved a 90% score in the Corporate Governance Report of Thai Listed Companies (CGR) assessment.

Climate Goals & Targets

Environmental Challenges

• Overproduction of palm oil leading to lower prices and surplus stock.
• Intense competition within the palm oil industry.
• Negative publicity and boycotts impacting consumption.
• Fluctuations in raw material and product prices.
• Supply chain disruptions due to weather events.

Mitigation Strategies

• Developed alternative sourcing strategies.
• Implemented hedging strategies to manage price volatility.
• Diversified customer base.
• Developed a comprehensive risk management framework.
• Implemented insurance policies to cover property and business interruption.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Reporting Standards

Frameworks Used: CGR

Certifications: ISO 9001:2000, GMP, HACCP

Third-party Assurance: Ernst & Young

Awards & Recognition

• National Outstanding Enterprise Award (2015, 2018)

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility (CSR)
• Sustainability Management (SM)
• Anti-Corruption

Environmental Achievements

• Implemented projects such as releasing fish fry into Khlong Tha Sae, planting trees on Visakha Bucha Day, and creating playgrounds for schools in Chumphon and Prachuap Khiri Khan provinces.
• Treated wastewater from the factory was supplied to livestock farms and farmers.

Social Achievements

• Organized various community activities such as Children's Day events, merit-making markets, and Run For Kid events.
• CPI Learning Center had 18,874 visitors and conducted 19 training courses on professional palm oil management.

Governance Achievements

• Received certification as a member of CAC (Thailand’s Private Sector Collective Action Coalition Against Corruption) in 2016.
• Achieved a 90% score in the 2019 assessment of good corporate governance practices, equivalent to a 5-star rating.

Climate Goals & Targets

Environmental Challenges

• Low palm oil prices due to oversupply in the domestic market compared to global prices.
• Rapid decline in global palm oil prices resulting in losses from palm oil inventory.

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance
• Anti-Corruption

Environmental Achievements

• Implemented two sustainability projects: a wastewater treatment project supplying treated water to a livestock farm and agricultural plots (181 rai, 520 cubic meters/day capacity), and an oil palm cultivation training program at the CPI Learning Center (39 batches, 10-12 people/batch).

Social Achievements

• Conducted various CSR activities in Chumphon and nearby provinces, focusing on environmental protection and community relations (total budget: 618,230 THB). Activities included children's day events, community watershed development projects, organic fertilizer production projects, educational support, sports equipment donations, and school canopy improvements.

Governance Achievements

• Renewed CAC membership (Thailand’s Private Sector Collective Action Coalition Against Corruption) on October 18, 2019 (valid for 3 years). Achieved a 91% score in corporate governance assessment, equivalent to a 5-star rating.

Climate Goals & Targets

Environmental Challenges

• Fluctuations in palm oil prices due to seasonal factors (e.g., rainfall affecting yield). Price volatility of crude palm oil making exports challenging.
• Uncertainty in government policies regarding biodiesel production.

Mitigation Strategies

• Continuous monitoring of data and diversified procurement of fresh fruit bunches. Cost reduction measures and efficiency improvements to manage costs.
• Continued study of biodiesel investment opportunities, awaiting favorable market conditions.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Drought

Environmental Metrics

ESG Focus Areas

• Sustainability Management
• Corporate Social Responsibility
• Anti-Corruption
• Corporate Governance

Environmental Achievements

• Implemented projects such as water treatment from the factory to livestock farms and farmer's orchards, covering 264 rai of land, with a capacity of 992 cubic meters per day.
• CPI Learning Center had 192 visitors in 2023 and offered professional palm oil management courses to interested parties (10-12 people per session).

Social Achievements

• CSR activities focused on Chumporn and nearby provinces, including children's day activities, painting a kindergarten building, providing medical equipment to a hospital, and community kitchen activities for those affected by COVID-19.
• Training and education for palm oil farmers at the CPI Learning Center.

Governance Achievements

• Renewed anti-corruption certification from the Thai Institute of Directors Association.
• Company's corporate governance policies and practices received a 91% average score, equivalent to a 5-star rating.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacted the scale of CSR activities in 2021.

Mitigation Strategies

• Adjusted CSR activities to comply with the COVID-19 situation, reducing group activities.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance
• Anti-Corruption

Environmental Achievements

• Implemented a treated wastewater project to irrigate livestock farms and orchards, reducing environmental impact and community concerns.
• No complaints received from villagers regarding environmental issues.

Social Achievements

• Organized Children's Day activities, supporting schools with gifts and funding for educational field trips.
• Participated in community projects such as building water retention dams and improving roads and lighting.
• Held community meetings to address concerns and receive feedback (no complaints received).
• Provided training and knowledge to palm oil farmers at the CPI Learning Center.

Governance Achievements

• Successfully renewed CAC certification (Anti-Corruption).
• Revised policies and procedures to align with current situations and best practices.
• Achieved a 91% score in corporate governance assessment, equivalent to a 5-star rating for the 5th consecutive year.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: CAC

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility (CSR)
• Sustainability Management (SM)
• Anti-Corruption
• Good Corporate Governance

Environmental Achievements

• Implemented a treated water project from the factory to the animal feed station and farmers' orchards, reusing treated water for irrigation and reducing environmental impact.

Social Achievements

• Organized community activities in Chumphon and nearby provinces, including pandemic prevention efforts (providing medical supplies, etc.), community meetings, and palm oil cultivation training for farmers.
• Provided aid to flood victims in Chumphon.

Governance Achievements

• Received a 5-star rating for good corporate governance for the fourth consecutive year (91% score).

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting community activities and requiring adjustments to CSR initiatives.
• Flooding in Chumphon province.
• Supply chain disruptions and price fluctuations in the global palm oil market.

Mitigation Strategies

• Adapted CSR activities to comply with pandemic restrictions, providing essential supplies to local communities and healthcare facilities.
• Provided aid to flood victims.
• Implemented strict COVID-19 prevention measures in the factory (screening, disinfection, ATK testing, Bubble and seal strategy), and flexible work arrangements to minimize pandemic impact on operations.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Flooding

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility (CSR)
• Sustainability Management (SM)
• Anti-Corruption

Environmental Achievements

• Implemented projects such as treated wastewater from the factory to the animal feed and agricultural development station, and training and educating palm oil farmers at the CPI Learning Center. The CPI Learning Center had 18,874 visitors.
• Various community engagement activities (e.g., Children's Day event, temple fair, fish release, playground construction, tree planting).

Social Achievements

• Community investment totaling 1,129,076 baht (out of a budgeted 1,190,000 baht) on various social initiatives.

Governance Achievements

• Achieved a 90% score in the assessment of good corporate governance practices, equivalent to a 5-star rating.
• Received certification as a member of the Collective Action Coalition Against Corruption (CAC).

Climate Goals & Targets

Environmental Challenges

• Decreased palm oil prices (from 25 baht/kg to 15 baht/kg since 2559).
• High volume of fresh palm fruit exceeding demand, leading to lower prices.
• Inability to raise selling prices to match rising raw material costs due to high domestic palm oil prices compared to global market prices.
• Rapid decline in global palm oil prices resulting in losses from palm oil inventory.

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed