Biodiversity
Importance and Mission
The Company is committed to protecting and preventing damage or impacts on both ecosystems and biodiversity. While the development of industrial parks and commercial real estate contributes positively to the country’s economic growth, job creation, and income distribution to communities, such land use may have negative impacts on biodiversity and local ecosystems. This can result in a loss of balance and the integrity of local resources.
Therefore, the Company is dedicated to developing industrial parks and real estate into cities that balance economic growth with maintaining environmental and social quality, aligning with the Company’s sustainability policy. The policy ensures the efficient use of resources, controls, and reduces the business’s impact on ecosystems and biodiversity, and enhances resilience to climate change. The Company adheres to eco-industrial town principles to manage Industrial Parks. It also avoids investing in or developing projects in areas with high risks and impacts on significant historical sites, World Heritage sites, or habitats of rare or endangered species, based on the IUCN Red Lists criteria.
Goals and Performance
Goals
- Green areas account for no less than 10% of the total area in Industrial Park
Impact and Performance Highlights
The proportion of green area in the developed areas of the Saha Group Industrial Park averages 21.38%
Supporting the SDGs
Good Health and Well-being
Life on Land
Partnerships for the Goals
Management Approach
In order to ensure that the Company’s operations coexist with business growth without adversely impacting existing natural resources and biodiversity, and to reduce the risk of negative impacts, the Company has adopted the Mitigation Hierarchy as a framework. This is to mitigate biodiversity impacts at all levels in accordance with the principles of the International Union for Conservation of Nature (IUCN). The approach consists of four key actions: Avoid, Mitigate, Rehabilitate, and Offset.
Biodiversity Management Approach
IUCN MitigationHierarchyPolicy
Avoid
Evaluating direct and indirect negative impacts to avoid business activities that affect biodiversity
Mitigate
Minimizing disturbance or reducing the duration and severity of negative impacts from unavoidable activities
Rehabilitate
Developing and emphasizing the restoration of degraded ecosystems from business activities through various projects
Offset
Creating development and compensation plans for the negative impacts on biodiversity that are lost or disturbed
Ongoing Activities/ Projects
- Announcing the Company’s sustainability policy to reduce business impact on ecosystems and biodiversity.
- Announcing the Supplier Code of Conduct for all companies under the group, emphasizing ethical environmental management to avoid and minimize operational impacts on biodiversity by suppliers and contractors.
- Maintaining original forest ecosystems and biodiversity in the area while preserving and increasing green spaces in the Saha group industrial parks towards becoming eco-industrial towns.
- Conserving terrestrial and aquatic biodiversity through collaboration between the Company and local government agencies.
- Supporting and encouraging all stakeholders to participate in the care, restoration, and conservation of biodiversity in Saha Group Industrial Park areas.
Stakeholders Directly Impacted
Employee/ Executive
Plays a role in environmental conservation and participates in biodiversity restoration activities
Community and Society
Benefits from the conservation of green spaces and ecological balance
Government Sector
- Oversees and monitors standards related to the environment and biodiversity
- Provides consultation and supports the implementation of biodiversity-related projects
