Biodiversity
Importance and Mission
The 15th Conference of the Parties to the Convention on Biological Diversity (COP15), held from 7-19 December 2022 in Montreal, Canada, reached an agreement on the Kunming-Montreal Global Biodiversity Framework. This has made biodiversity a new set of global targets, requiring both the public and private sectors to play a role in driving policies and approaches for biodiversity conservation in the future.
While the development of Saha Group Industrial Parks and commercial real estate promotes economic growth, employment, and income distribution to communities, such land use may impact ecosystem integrity and the habitats of living organisms if not properly managed. The Company recognizes this importance and has therefore designated biodiversity as one of the Material Topics requiring continuous management.
The Company is committed to developing Saha Group Industrial Parks and real estate as cities that balance economy, society, and environment, focusing on efficient resource use, reducing biodiversity impacts from business operations, and enhancing climate change adaptation capacity. This is achieved by adhering to the criteria and indicators of the "Eco-Industrial Town" standards in managing Saha Group Industrial Parks and establishing guidelines not to invest or develop projects in areas with high risk and impact on historically significant areas, World Heritage Sites, wetlands, or areas that may affect threatened species, as referenced by IUCN criteria (IUCN Red List).
Goals and Performance
Annual Target for the Year 2025
- Maintain green areas in Saha Group Industrial Parks in accordance with the quality management system at not less than 10 percent of the total area
- Conduct biodiversity risk assessments for the Company's business operation sites under direct operational control covering 100 percent
- Review and verify biodiversity measures (Biodiversity Due Diligence) for high to very high risk pressure points of the Company's business operation sites under direct operational control covering 100 percent
Impact and Performance Highlights
The green area ratio of Saha Group Industrial Park is 22.30 percent.
Conduct of biodiversity risk assessments for the Company's business operation sites under direct operational control, covering 100%
Review and verify biodiversity measures (Biodiversity Due Diligence) for high to very high-risk pressure points of the Company's business operation sites under direct operational control, covering 100%
Supporting the SDGs
Good Health and Well-being
Life on Land
Partnerships for the Goals
Management Approach
The Company recognizes the importance of natural resources and potential ecosystem impacts, which may create risks and negative effects on future business operations. To address these challenges, the Company has established policies related to biodiversity management and a Business Code of Conduct that extends to the Company's supply chain, emphasizing biodiversity conservation to ensure comprehensive biodiversity management, with a focus on balancing sustainable business development and nature conservation through the following key approaches.
Biodiversity Management Approach
1. Policy Establishment and Commitment
Establishing biodiversity management policies to raise awareness and ensure compliance among employees, executives, and relevant stakeholders.
2. Biodiversity Risk Assessment from Business Operations
Assessing biodiversity risks covering impacts from operational sites and the impacts of business activities on biodiversity.
3. Biodiversity Impact Prevention and Mitigation
Establishing biodiversity impact prevention and mitigation measures aligned with risk issues, using the Mitigation Hierarchy principle.
4. Biodiversity Performance Monitoring
Monitoring biodiversity performance and continuously conducting comprehensive Biodiversity Due Diligence reviews.
5. Reporting and Stakeholder Communication
Reporting biodiversity management performance to communicate results to all stakeholder groups through the annual Sustainability Report and the Company's website.
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
