Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Risk Management

Climate Goals & Targets

Supply Chain Management

Supplier Audits: Not disclosed

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainability
• Environmental Responsibility
• Community Investment
• Employee Well-being
• Anti-corruption

Environmental Achievements

• Crystal CARE campaign demonstrating environmental responsibilities and sustainable use of resources (collecting, separating and disposing)
• Supporting a circular economy model
• Installation of an efficient production line in Surat Thani to reduce transportation costs and improve environmental sustainability

Social Achievements

• Covid-19 prevention measures, Covid-19 related health insurance coverage, as well as frequently proactive Covid-19 testing for all employees
• Donation of drinking water to 21 hospitals during the Covid-19 outbreak
• Donation to low-income communities in Bangkok
• CSR-DIW Award 2020 for the 13th consecutive year
• Providing employees who hold the position of supervisor onward with training on the code of conduct

Governance Achievements

• Established the policy on anti-corruption
• Corporate with or participate in anti-corruption activities of various organization
• Incorporated Thai Beverage Public Company Limited's anti-corruption policy into the Company’s policy

Climate Goals & Targets

Environmental Challenges

• Covid-19 pandemic critically affected business operations and consumer behavior
• Decrease in revenue from sales and services in 2020 due to the outbreak of Covid-19 pandemic
• Severe impacts on sales in restaurants caused from the government’s prevention measures of Covid-19

Mitigation Strategies

• Policy and overall performance to drive business operations for the year 2021 through a concept “Growing Sustainably, Rising Towards Digital Future”
• Shifting to a digital mode of operation to optimize work efficiency
• Focus on sales and profit making for sustainable growth and an increased profit
• Shifted focus towards retail stores, especially those in community areas
• Re-structured sales and services rendered to stores aiming to reduce a chance of getting Covid-19 infection by using the digital technology
• Reduced selling price for grocery stores, community malls and retail stores to distribute the products to communities in regional areas
• Arranged for its employees and business partners to get tested for Covid-19 and encouraged employees to get vaccinated

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• The Most Powerful Brands of Thailand 2020 Award
• CSR-DIW Award 2020
• Silver Prize at Thailand Kaizen Award

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced carbon emissions according to corporate carbon footprint assessment.
• Improved water efficiency throughout the production chain, according to water footprint assessment.
• Received Gold Plus award for Eco Factory plus Social Value from the Department of Industrial Works.

Social Achievements

• Community development initiatives including conservation and restoration of ecosystems.
• Promotion of responsible consumption through product return and recycling programs.
• CSR – DIW Continuous Award for 14 consecutive years.

Governance Achievements

• Ethical business conduct.
• Data security and privacy protection for stakeholders.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to climate events and economic factors.
• Competition in the beverage market.

Mitigation Strategies

• Cost control in sales and marketing, and efficient production cost management.
• Implementation of Total Productive Management (TPM) to reduce production losses.
• Collaboration with ThaiBev group companies for experience and knowledge sharing.
• Establishment of new production lines in Surat Thani to reduce transportation costs.

Supply Chain Management

Supplier Audits: 100% of new suppliers screened using environmental criteria in 2022; 100% of suppliers assessed for sustainability performance in 2023 (target).

Responsible Procurement

• Sustainable sourcing of raw materials; Supplier sustainability code of conduct (target for 2023).

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, Thai Listed Company Sustainability Reporting Guidelines

Certifications: ISO 14001:2015, FSSC 22000 version 5.1 (6 factories), ISO 22000:2018 (all 7 factories), Good Hygiene Practice(s) (GHPs), Hazard Analysis Critical Control Point (HACCP)

Third-party Assurance: Lloyd’s Register International (Thailand) Limited

UN Sustainable Development Goals

• Goal 12: Responsible Consumption and Production

Initiatives contribute to reducing waste, promoting sustainable consumption, and responsible resource management.

Sustainable Products & Innovation

• Crystal bottled water with Water Footprint Certificate
• S Play salty lychee and S Play grape berry with added vitamins B6 and B12
• Reduced sugar content in S Cola and S Play

Awards & Recognition

• Gold Plus Eco Factory + SV award
• CSR – DIW Continuous Award (14 years)
• Silver Awards (Junior Manufacturing) from Thailand Quality Prize 2022
• Excellent Quality Group Award from the 35th Thailand QC Fair
• 3 Thailand Kaizen Awards 2022

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced water consumption by 1.69%
• Reduced energy consumption by 8.22%
• Reduced GHG emissions (Scope 1 & 2) by 1.97%
• Various packaging innovations resulting in reduced material usage and GHG emissions

Social Achievements

• Launched various employee well-being initiatives
• Implemented a 360-degree employee evaluation system
• Conducted employee engagement surveys
• Community engagement programs (e.g., World Water Day activities, fish release program)

Governance Achievements

• Established clear policies and guidelines for good corporate governance
• Implemented anti-corruption measures
• Established a whistle-blowing system

Climate Goals & Targets

Environmental Challenges

• Fluctuations in raw material prices (sugar, fructose syrup, PET resin, aluminum cans)
• Labor costs and workforce shortages
• Excise tax rates
• Fuel prices
• Climate change impacts (droughts, floods)
• Changing consumer behavior
• Maintaining free float in the stock market

Mitigation Strategies

• Securing raw material supplies in advance
• Improving operational efficiency and reducing labor costs
• Developing new health-focused products
• Optimizing logistics and transportation
• Implementing climate change mitigation strategies (solar rooftop installations, water conservation)
• Adapting to changing consumer preferences through innovation and marketing
• Monitoring and managing free float

Supply Chain Management

Supplier Audits: 100% of key suppliers audited for ESG risks in 2023

Responsible Procurement

• Sustainable sourcing policies requiring suppliers to adhere to environmental, social, and governance standards
• Collaboration with suppliers on innovation and sustainability initiatives

Climate-Related Risks & Opportunities

Physical Risks

• Droughts
• Floods

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products and processes

Reporting Standards

Frameworks Used: Global Reporting Initiative (GRI), SET ESG Ratings

Certifications: ISO 14001:2015, Water Footprint Certificate

Third-party Assurance: KPMG Phoomchai Audit Co., Ltd.

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Crystal water in recycled PET bottles

Awards & Recognition

• CSR-DIW Continuous Award (15 years)

Environmental Metrics

ESG Focus Areas

• Sustainability
• Environmental
• Social
• Governance

Environmental Achievements

• Reduced energy consumption by 8.22%
• Increased use of clean energy from Solar Rooftop systems by 23.90%
• Reduced greenhouse gas emissions by 1.97%
• Reduced total waste by 947.47 tons
• Reduced water usage by 1.69%

Social Achievements

• Supported various social activities including community engagement in Phuket, collaboration with communities to improve living conditions, tree planting and dharma activities, and sea turtle release and beach cleaning initiatives.
• Provided anti-corruption training for supervisors and above.

Governance Achievements

• Rated Excellent in the Corporate Governance Report of Thai Listed Companies by the Thai Institute of Directors Association (IOD).

Climate Goals & Targets

Environmental Challenges

• Rising costs of raw materials (plastic resin)
• Maintaining profitability with a low Gross Profit Margin
• Addressing the needs of an aging population
• Managing cost reduction with wage increases

Mitigation Strategies

• Improving production processes and using modern machinery and technology to enhance efficiency and reduce production costs
• Developing a delivery system to streamline routes and reduce redundancy
• Using clean energy to reduce pollution
• Focusing on product quality and developing a diverse range of healthy beverages
• Implementing cost-saving measures in SG&A expenses
• Investing in improving production and distribution efficiency

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Strict policies on sourcing, covering customer management, responsible sourcing, efficient procurement, and developing fair and trustworthy partnerships.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: NSF International Standard (drinking water), FSSC 22000 (food safety), HALAL, Water Footprint certification from the Water and Environment Institute for Sustainability, CFP (Carbon Footprint of Products) labels for 65 products, CFR (Carbon Footprint Reduction) labels for 41 products

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed