Environmental Strategy
“Value Consumption”
This approach focuses on delivering value through products and services by maximizing resource utilization. It encompasses a wide range of environmental development initiatives, including reducing greenhouse gas emissions, conserving energy and utilizing renewable energy sources, managing environmental impacts, conserving water resources, and applying the 3Rs principles for waste management at the source. Additionally, it aims to create business opportunities and develop environmentally friendly logistics services, also known as Green Logistics.
Goals and Performance
Reducing Greenhouse Gas Emissions
Goals
2024 Performance
- Aim to reduce corporate greenhouse gas emissions by 5% by 2027, benchmarked against the base year of 2024.
- Aims to reduce greenhouse gas emissions as follows:
- Scope 1 and 2 are aimed at achieving zero greenhouse gas emissions by 2037.
- Scope 3 is aimed at zero greenhouse gas emissions by 2050.
- In 2024, the Group prepared a report on its corporate greenhouse gas emissions by the ISO 14074-1 standard and was verified by Bureau Veritas Certification (Thailand) Ltd., an external independent verification agency registered as an external assessor, with the Thailand Greenhouse Gas Management Organization (Public Organization) with a total greenhouse gas emission of 58,024 tons of carbon dioxide equivalent (TonCO₂e).
- The Group has participated in the “Care the Bear” project by the Stock Exchange of Thailand (SET) for the second consecutive year since 2023, resulting in a carbon footprint reduction of 4,250 kgCO₂e, equivalent to planting 473 ten-year-old trees.
- The Group has developed environmentally friendly logistics services (Green Logistics Service) through various projects, such as the use of electric forklifts instead of fuel-powered ones at Hazchem Warehouse which has reduced greenhouse gas emissions by 275.95 tCO₂e per unit per year. Another example is the pilot project for transportation Mode Shift Project from Truck Transportation to Rail Transportation on the Lat Krabang – Sra Kosinarai, Ratchaburi route, which has reduced greenhouse gas emissions by 295.53 tCO₂e.
Goals and Performance
Reducing Greenhouse Gas Emissions
Goals
- Aim to reduce corporate greenhouse gas emissions by 5% by 2027, benchmarked against the base year of 2024.
- Aims to reduce greenhouse gas emissions as follows:
- Scope 1 and 2 are aimed at achieving zero greenhouse gas emissions by 2037.
- Scope 3 is aimed at zero greenhouse gas emissions by 2050.
2024 Performance
- In 2024, the Group prepared a report on its corporate greenhouse gas emissions by the ISO 14074-1 standard and was verified by Bureau Veritas Certification (Thailand) Ltd., an external independent verification agency registered as an external assessor, with the Thailand Greenhouse Gas Management Organization (Public Organization) with a total greenhouse gas emission of 58,024 tons of carbon dioxide equivalent (TonCO₂e).
- The Group has participated in the “Care the Bear” project by the Stock Exchange of Thailand (SET) for the second consecutive year since 2023, resulting in a carbon footprint reduction of 4,250 kgCO₂e, equivalent to planting 473 ten-year-old trees.
- The Group has developed environmentally friendly logistics services (Green Logistics Service) through various projects, such as the use of electric forklifts instead of fuel-powered ones at Hazchem Warehouse which has reduced greenhouse gas emissions by 275.95 tCO₂e per unit per year. Another example is the pilot project for transportation Mode Shift Project from Truck Transportation to Rail Transportation on the Lat Krabang – Sra Kosinarai, Ratchaburi route, which has reduced greenhouse gas emissions by 295.53 tCO₂e.
Energy Management
Goals
2024 Performance
- Aim to reduce the organization’s Energy consumption rate by 5% by 2027, compared to the base year of 2024.
- The Group has enhanced its electricity consumption efficiency. In 2024, electricity consumption per employee was recorded at 4,663.72 kilowatt-hours per person per year, representing an approximate 19.37% reduction from 2023, which recorded a consumption rate of 5,783.42 kilowatt-hours per person per year. Moreover, despite achieving a significant revenue growth of 35.9% in 2024, the Group successfully reduced its electricity consumption per revenue from 1.44039 kilowatt-hours per THB million in 2023 to 1.25124 kilowatt-hours per THB million in 2024. This clearly demonstrates the Group’s commitment to sustainable growth alongside continuous improvements in energy efficiency.
- The Group has implemented various projects and activities to manage energy consumption efficiently across its headquarters and warehouses, such as replacing conventional lighting with LED bulbs, utilizing electricity generated from solar panels in designated areas, switching to energy-efficient electrical appliances such as air conditioners and microwaves with Label No.5 certification, and installing sunshades in office areas to reduce the workload on air conditioning systems.
Energy Management
Goals
- Aim to reduce the organization’s Energy consumption rate by 5% by 2027, compared to the base year of 2024.
2024 Performance
- The Group has enhanced its electricity consumption efficiency. In 2024, electricity consumption per employee was recorded at 4,663.72 kilowatt-hours per person per year, representing an approximate 19.37% reduction from 2023, which recorded a consumption rate of 5,783.42 kilowatt-hours per person per year. Moreover, despite achieving a significant revenue growth of 35.9% in 2024, the Group successfully reduced its electricity consumption per revenue from 1.44039 kilowatt-hours per THB million in 2023 to 1.25124 kilowatt-hours per THB million in 2024. This clearly demonstrates the Group’s commitment to sustainable growth alongside continuous improvements in energy efficiency.
- The Group has implemented various projects and activities to manage energy consumption efficiently across its headquarters and warehouses, such as replacing conventional lighting with LED bulbs, utilizing electricity generated from solar panels in designated areas, switching to energy-efficient electrical appliances such as air conditioners and microwaves with Label No.5 certification, and installing sunshades in office areas to reduce the workload on air conditioning systems.
Environmental Management
Goals
2024 Performance
- Aim to reduce organizational water usage by 5% by 2027, using 2024 as the baseline year.
- In 2024, the Group reduced its total water consumption by approximately 11.26%, from 11,257 cubic meters in 2023 to 9,990 cubic meters.
- The Group has implemented various projects and activities to manage water consumption efficiently across its headquarters and warehouses, such as monitoring wastewater quality, inspecting and repairing water leakage points in the utility systems, using water-saving sanitary ware, adjusted water pressure to prevent excessive flow in hand-washing sinks and spray nozzles, and placement of a water bottle in the toilet water tank reduces the amount of water used each time.
- Aim to reduce the volume of non-hazardous waste by 5% by the year 2027, using 2024 as the reference year.
- In 2024, the Group had a total amount of non-hazardous waste and non-hazardous residues of 95.54 tons per year, which decreased by 31.45% from 2023.
- The Group has implemented projects and activities to efficiently manage waste within the organization, both at its headquarters and warehouses, such as waste separation based on the 3Rs principle, reusing discarded packaging in the internal product sorting process at the warehouse, recycling initiatives for plastic, cardboard, and scrap wood from pallets, iinitiatives to add value to waste at the headquarters include extending the PET to PPE project by collecting PET plastic bottles for donation to medical projects, a project to collect old desk calendars for recycling into braille materials for the visually impaired under the Foundation for the Blind in Thailand under the Royal Patronage, and the i Better Earth project to promote a better world through the ‘Reduce Single-Use Plastic Cups, Save the Earth 10+2’ campaign.
- The Group collaborated with its commercial partner “Synnex” by setting up e-waste collection points in the head office building and using logistics expertise and resources to support and manage the collection of e-waste at more than 20 points to be delivered to Total Environmental Solutions (TES) in Ayutthaya Province to manage e-waste in a proper and environmentally friendly manner.
Environmental Management
Goals
- Aim to reduce organizational water usage by 5% by 2027, using 2024 as the baseline year.
- Aim to reduce the volume of non-hazardous waste by 5% by the year 2027, using 2024 as the reference year.
2024 Performance
- In 2024, the Group reduced its total water consumption by approximately 11.26%, from 11,257 cubic meters in 2023 to 9,990 cubic meters.
- The Group has implemented various projects and activities to manage water consumption efficiently across its headquarters and warehouses, such as monitoring wastewater quality, inspecting and repairing water leakage points in the utility systems, using water-saving sanitary ware, adjusted water pressure to prevent excessive flow in hand-washing sinks and spray nozzles, and placement of a water bottle in the toilet water tank reduces the amount of water used each time.
- In 2024, the Group had a total amount of non-hazardous waste and non-hazardous residues of 95.54 tons per year, which decreased by 31.45% from 2023.
- The Group has implemented projects and activities to efficiently manage waste within the organization, both at its headquarters and warehouses, such as waste separation based on the 3Rs principle, reusing discarded packaging in the internal product sorting process at the warehouse, recycling initiatives for plastic, cardboard, and scrap wood from pallets, iinitiatives to add value to waste at the headquarters include extending the PET to PPE project by collecting PET plastic bottles for donation to medical projects, a project to collect old desk calendars for recycling into braille materials for the visually impaired under the Foundation for the Blind in Thailand under the Royal Patronage, and the i Better Earth project to promote a better world through the ‘Reduce Single-Use Plastic Cups, Save the Earth 10+2’ campaign.
- The Group collaborated with its commercial partner “Synnex” by setting up e-waste collection points in the head office building and using logistics expertise and resources to support and manage the collection of e-waste at more than 20 points to be delivered to Total Environmental Solutions (TES) in Ayutthaya Province to manage e-waste in a proper and environmentally friendly manner.