Vibhavadi Medical Center Public Company Limited
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:12,526 kgCO2e
Total Energy Consumption:524,467 kWh (solar power)
Waste Generated:53,787 kg (recyclable)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced greenhouse gas emissions by 255 tons of CO2 equivalent through solar power utilization (524,467 kWh)
- Reduced daily waste per inpatient from 5.08 kilograms to 4.84 kilograms
- Recycled 53,787 kilograms of waste
- Saved 449,328 sheets of paper, reducing greenhouse gas emissions by 11,305.09 kgCO2e
Social Achievements
- Awarded 74 scholarships to employees' children
- Provided an average of 20.7 hours of training per employee per year
- Achieved a 70% score in an organizational engagement survey
- Established a mobile clinic at Ha Yaek Lat Phrao BTS station and health check-up booths for various communities
- Conducted a comprehensive human rights audit and implemented measures to compensate those affected by human rights issues. A complaint channel was established with no complaints reported in 2023.
- Provided health check-ups and flu vaccines to employees
Governance Achievements
- Received an "Excellent" rating in the 2023 Corporate Governance Assessment for Thai Listed Companies by the Thai Institute of Directors Association (IOD)
- Certified as a member of the Thai Private Sector Collective Action Against Corruption (valid until December 30, 2026)
Climate Goals & Targets
Medium-term Goals:
- Growth in hair transplantation services (30-40%)
- Reaching full patient capacity at new hospitals (4-5 years)
Short-term Goals:
- Opening of a fertility treatment center in the third quarter of 2024
- Opening of a cancer center at Vibhavadi Hospital, Rama 2 branch
Environmental Challenges
- Decreased revenue in 2023 compared to 2022 due to a decrease in COVID-19 patients and the absence of COVID-19 vaccine distribution.
- Decline in total assets and shareholders' equity in 2023 due to decreased prices of securities listed on the Stock Exchange of Thailand.
Mitigation Strategies
- Expansion of operations by establishing Fertiva Co., Ltd. (fertility treatment center)
- Opening of vaccination clinics (Jab&Go) and a Doctor’s Choice store
- Collaboration with Filtech Enterprise 1994 Public Company Limited for Femto Lasik treatment
- Opening of a fitness center (HEART FITNESS)
- Construction of Vibhavadi Hospital, Rama 2 branch, and additional building at Vibharam Hospital - Laem Chabang