Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Employee Health Care
• Recruitment of High-Potential Employees
• Engagement with Local Communities
• Human Rights
• Sustainable Supply Chain
• Business Innovation

Environmental Achievements

• Used biomass fuel to produce 100 percent of thermal energy
• Implemented waste management based on the 3R (Reduce, Reuse & Recycle) principles
• Developed innovative latex gloves with no principal allergenic proteins that are biodegradable and have a low carbon footprint

Social Achievements

• Provided triple vaccinations to all employees and their families to prevent the spread of COVID-19
• Promoted recruitment of talented individuals
• Implemented various projects to support local communities through donations and livelihood improvement projects
• Announced a policy on human rights and non-discrimination

Governance Achievements

• Established a code of conduct and guidelines for business partners
• Established procedures for selecting and evaluating partners based on social and environmental criteria
• Established the Corporate Governance and Sustainable Development Committee

Climate Goals & Targets

Environmental Challenges

• Fluctuations in raw material prices
• Reliance on key trading partners for raw materials
• Cyberattacks and data loss
• Accidents, emergencies, or work-related diseases
• Environmental management risks
• Water resource management
• Air quality management
• Climate change (extreme weather events, regulatory changes)
• Emerging infectious diseases

Mitigation Strategies

• Managing raw material acquisition, futures contracts, hedging
• Production planning, stockpiling, alternative sourcing
• Network security, data backup, disaster recovery
• ISO 45001, ISO 22301, emergency response plans
• ISO 14001, compliance with regulations, resource management
• Reservoir excavation, water reduction projects
• Air pollution treatment systems, community air quality monitoring
• ISO 22301, risk insurance, GHG reduction projects, renewable energy
• Business Continuity Management Plan, emergency response drills

Supply Chain Management

Supplier Audits: Annual audits of key suppliers using BSCI code of conduct system

Responsible Procurement

• Fair, transparent, and verifiable process for selecting trade partners
• Adherence to the Code of Conduct for Business Partners and Competitors
• Prioritizing partners who share the same purpose on social and environmental responsibility
• Business Partner Code of Conduct and Guidelines

Climate-Related Risks & Opportunities

Physical Risks

• Floods
• Droughts
• Extreme weather events

Transition Risks

• Changes in regulations
• More stringent standards
• Carbon tax

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: ISO 14001, ISO 45001, BSCI, FSC-COC

Third-party Assurance: Faculty of Energy and Environment, University of Phayao (for GHG emissions)

UN Sustainable Development Goals

• SDG 3
• SDG 4
• SDG 5
• SDG 6
• SDG 7
• SDG 8
• SDG 9
• SDG 10
• SDG 11
• SDG 12
• SDG 13
• SDG 14
• SDG 15
• SDG 16

The report details how various initiatives contribute to these goals.

Sustainable Products & Innovation

• Innovative latex gloves with no principal allergenic proteins that are biodegradable and have a low carbon footprint

Awards & Recognition

• Green Industry Level 3 & 4 certifications
• The Quality Award 2021 “Best of the Best”
• Thailand Sustainability Investment (THIS)
• The Outstanding Organization for the Promotion of the Disabled Person
• Sustainability Disclosure Award 2021
• Carbon Footprint Organization certification
• Best Consumer Goods Company Award

Environmental Metrics

ESG Focus Areas

• Renewable Energy
• Pollution Prevention and Control
• Energy Efficiency
• Sustainable Water and Wastewater Management
• Clean Transportation

Environmental Achievements

• Reduced greenhouse gas emissions per product unit by 10% from 2021 base year by 2026 (target)
• Installed a 1 MW solar panel system across 6,000 sqm of factory roof in Trang
• Plans for installation of floating solar systems at factories in Trang, Surat Thani, and Chumphon
• Aims to reduce electricity consumption per product unit by 10% by 2024 from 2019 base year
• Aims to reduce water consumption per product unit by 10% within 2024 (from 2019 figure)
• Uses 100% biomass fuel for boilers
• Treats wastewater to meet minimum effluent quality standards before discharge

Social Achievements

• Adopted supplier audit form as part of the BSCI code of conduct for annual audits on environmental and social operations of key suppliers
• Prepared Supplier Code of Conduct and Guidelines in 2021, aligned with ILO and UN Global Compact standards

Governance Achievements

• Established an ESG Working Group for project evaluation, selection, and monitoring
• Engaged DNV as an independent third-party reviewer

Climate Goals & Targets

Environmental Challenges

• Reducing greenhouse gas emissions from business processes
• Minimizing waste and maximizing the use of resources
• Ensuring water-use efficiency and preventing water pollution
• Managing energy consumption and promoting renewable energy use

Mitigation Strategies

• Investing in renewable energy sources (solar panels, floating solar systems)
• Improving energy efficiency through various projects and measures
• Implementing water management guidelines and wastewater treatment systems
• Using biomass fuel for boilers and optimizing waste wood utilization
• Supplier audits and code of conduct to promote sustainable practices

Supply Chain Management

Supplier Audits: Annual audits on key suppliers

Responsible Procurement

• BSCI code of conduct
• Supplier Code of Conduct and Guidelines (2021)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Green Bond Principles (GBP), ASEAN Green Bond Standards (AGBS), Green Loan Principles (GLP)

Certifications: ISO 14001:2015

Third-party Assurance: DNV

UN Sustainable Development Goals

• SDG 7
• SDG 3
• SDG 9
• SDG 11
• SDG 12
• SDG 6
• SDG 13

The Eligible Green Projects contribute to these SDGs through renewable energy adoption, pollution reduction, energy efficiency improvements, sustainable water management, and climate change mitigation.

Awards & Recognition

• ESG100 (2021-2022) by Thaipat Institute
• 2021 Thailand Sustainability Investment (THSI)
• Green Industry (various levels) by Department of Industrial Works
• Sustainability Disclosure Award 2021 by Thaipat Institute
• Carbon Footprint for Organisation (CFO) certification for three factories