Climate Change Data

Sriracha Construction Public Company Limited

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environmental Sustainability
  • Social Responsibility
  • Good Corporate Governance

Environmental Achievements

  • Implemented energy saving measures (e.g., replacing fluorescent lamps with LED lamps, cleaning air conditioners regularly) since 2018.
  • No environmental complaints or legal issues.

Social Achievements

  • Provided training to 1066 employees in 2022, including orientation, basic safety, and competency development courses.
  • Adhered to labor laws and human rights principles.
  • No material labor disputes in the past two years.

Governance Achievements

  • Consistently adhered to and complied with the principles of good corporate governance.
  • Established corporate governance policy and business ethics.
  • Received a 4-star rating (85 points) from the Thai Investors Association (TIA) for the quality of the Annual General Meeting of Shareholders (AGM).

Climate Goals & Targets

Environmental Challenges

  • Fluctuation in revenue due to the business cycle of heavy industries and uncertainties in bidding projects.
  • Risk of human resources loss due to the specialized nature of the business.
  • Risk of project delays.
  • Fluctuations in raw material prices.
  • Political instability impacting foreign investments.
Mitigation Strategies
  • Building strong relationships with customers and maintaining a good reputation.
  • Implementing policies to retain valuable personnel (e.g., annual promotions, remuneration based on skill and expertise).
  • Developing concise contracts to cover risks of delays.
  • Developing a raw material management system to monitor prices and maintain cost levels.
  • Monitoring political situations and expanding services to overseas markets.

Supply Chain Management

Responsible Procurement
  • Focus on procuring quality materials.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ASEAN CG standards Scorecard

Certifications: ISO 9001:2008

Awards & Recognition

  • 4-star rating from the Thai Investors Association (TIA)