Climate Change Management
Importance and Mission
Under the United Nations Framework Convention on Climate Change (UNFCCC) and the Paris Agreement — which set the global shared target of limiting average temperature increases to no more than 1.5 degrees Celsius — businesses worldwide face challenges in adapting to increasingly severe climate impacts, including Physical Risks from extreme weather events and Transition Risks from future changes in climate-related policies, laws, and measures.
The Company recognizes these impacts and risks to business operations in the short, medium, and long term, and has prepared comprehensive management responses to potential impacts — including monitoring emerging standards, regulations, and requirements related to greenhouse gas emissions reduction and energy efficiency, which reflect the growing expectations of current and future customers. To strengthen competitiveness and sustainably meet customer needs, the Company is committed to developing a climate management system aligned with international approaches, and to defining energy, greenhouse gas emissions reduction, and climate adaptation measures and projects — in alignment with the country’s sustainable development direction and continuously evolving international standards.
The Company has joined the Thailand Carbon Neutral Network (TCNN) to promote collaboration among the private sector, government, and local/community sectors in reducing greenhouse gas emissions and supporting sustainable growth within a climate-friendly society. This membership reflects the Company’s commitment to conducting business with consideration for environmental impacts and the pursuit of Net Zero greenhouse gas emissions — in alignment with the global community’s intentions under the Paris Agreement on climate change, and consistent with the organization’s greenhouse gas management policies and guidelines.
Climate Change Governance Structure
The Company’s Board of Directors serves as the highest-level governance mechanism on climate change issues, playing a key role in defining sustainability direction, strategies, and targets aligned with short-, medium-, and long-term organizational risks and opportunities — and systematically integrating climate issue management into the organizational risk management system and internal controls. To ensure effective operations, the Board has delegated sub-committees and management to closely monitor performance, covering greenhouse gas emissions reduction, efficient energy use, physical and transition risk impact management, and compliance with relevant environmental laws, standards, and requirements.
Management is responsible for driving operations in accordance with Board-defined policies and strategies, and regularly reports progress and challenges to sub-committees — to enable timely, transparent, and auditable decision-making and oversight. The Internal Audit function plays an important role in assessing the compliance and effectiveness of climate operations to ensure all units adhere to defined standards and requirements. The Board’s proactive governance therefore plays a critical role in strengthening stakeholder confidence and supporting the organization’s ability to adapt, respond, and create new business opportunities in the context of increasingly complex climate change. Details of sub-committee roles and responsibilities are disclosed under the Sub-Committee Information section in the annual report 2025 (56-1 One Report).
Sustainability Governance StructureGoals and Performance
| Target | 2025 | Short-term FY2030 | Long-term FY2050 |
|---|---|---|---|
| Reduce Scope 1 and Scope 2 GHG emissions from operations compared to base year (2024) | 1% | 25% | More than 90% |
| GHG emissions intensity per unit of operating area compared to base year (2024) | Decrease 1% | Decrease 25% | Decrease 90% |
In accordance with the Company’s defined targets of achieving Carbon Neutrality by 2050 and Net Zero Greenhouse Gas Emissions by 2065 — aligned with Thailand’s original national targets — Thailand has since revised its Net Zero target from 2065 to 2050. The Company has therefore revised its Net Zero Greenhouse Gas Emissions target to 2050 in alignment with the national target. The Company has also set a target to reduce greenhouse gas emissions by 25 percent by 2030.
Reduce greenhouse gas emissions by 25 percent by 2030
Net Zero Emission by 2050
Performance
Total Scope 1 and Scope 2 greenhouse gas emissions amounted of 6,554.54 tonnes CO2e.
Organizational Scope 1 and Scope 2 GHG emissions compared to base year 2024 increased by 0.07%
Total greenhouse gas emissions reduction of 123.53 tonnes CO2e.
Supporting the SDGs
Good Health and Well-being
Affordable and Clean Energy
Industry, Innovation, and Infrastructure
Partnerships for the Goals
Management Approach
Climate Change Management Strategy
The Company places strong emphasis on managing and conducting business in alignment with the future direction of business operations toward clean energy and a low-carbon society — under the “Measure, Reduce, Offset” concept. In previous years, greenhouse gas emissions assessments were conducted across all operating areas to appropriately define organizational greenhouse gas management approaches. From the “Measure, Reduce, Offset” concept, the Company has developed this into a Carbon Neutrality and Net Zero Greenhouse Gas Emissions Strategy (Net Zero Strategy) under the “SPI+ 10” concept, covering operations across energy, production processes, strategic investments, and carbon offsetting, with key components as follows:
Organizational Greenhouse Gas Emissions
| Operating Area | GHG Emissions (tCO2e) | |||
|---|---|---|---|---|
| Scope 1 | Scope 2 | Scope 3 | Others | |
| Head Office, Bangkok | 113.43 | 53.72 | 111.18 | 78.07 |
| Saha Group Industrial Park, Sri Racha | 177.75 | 1,322.71 | 260,900.91 | 8.26 |
| Saha Group Industrial Park, Kabinburi | 260.60 | 1,978.83 | 517.46 | 10.36 |
| Kabinburi Sports Club Golf Course, Prachinburi | ||||
| Saha Group Industrial Park, Lamphun | 119.14 | 849.92 | 329.73 | 4.14 |
| Harikunchai Sports Club Golf Course, Lamphun | ||||
| Saha Group Industrial Park, Mae Sot | 15.31 | 47.89 | 25.92 | 9.48 |
| J-Park Sri Racha Nihon Mura, Chonburi | 886.43 | 728.81 | 4,068.40 | 0.16 |
| Total GHG emissions | 1,572.65 | 4,981.89 | 265,953.60 | 110.47 |
| Total organizational GHG emissions (Scope 1 + 2 + 3) |
272,618.61 | |||
Climate Change Impact and Risk Assessment Process
The Company has assessed climate change risks that may impact business operations, considering both Physical Risks and Transition Risks across all 8 operating area locations.
| Operating Area | Risks Related Climate Change | |
|---|---|---|
| Physical Risk | Transition Risk | |
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Physical Risk assessment from climate change was conducted using Scenario Analysis — an internationally recognized approach for analyzing potential impacts under multiple climate futures. The assessment utilized the WWF Risk Filter Suite, developed by the World Wildlife Fund (WWF), to enable businesses and financial institutions to systematically identify, screen, and assess nature and climate risks in alignment with international reporting frameworks. The Company’s risk scenario assessment draws on internationally recognized climate and socioeconomic scenario datasets, comprising:
- Representative Concentration Pathways (RCPs): A set of greenhouse gas emissions scenarios developed by the Intergovernmental Panel on Climate Change (IPCC) for use in assessing the impacts of future climate change.
- Shared Socioeconomic Pathways (SSPs): Scenarios describing trends in social, economic, technological, and institutional development that may influence greenhouse gas emissions, vulnerability, and climate response capacity.
| Optimistic | Current Trend | Pessimistic |
|---|---|---|
| Moderate emissions RCP2.6 / RCP4.5 | Intermediate emissions RCP4.5 / RCP6.0 | High emissions RCP6.0 / RCP8.5 |
| Appropriate GHG reduction measures are in place, halving emissions by 2050 | Intermediate reduction measures bring GHG emissions to a peak around mid-century, declining thereafter | Business-as-usual operations, meaning GHG emissions continue to increase throughout the 21st century |
| Average global surface temperature is projected to remain below 2°C by end of the 21st century | Average global surface temperature is projected to exceed 2°C by end of the 21st century | Average global surface temperature is projected to exceed 4°C by end of the 21st century |
The Company conducted climate change risk assessments at each operating location using Scenario Analysis to analyze and project physical risks expected to materialize in 2030 (Short-Term) and 2050 (Long-Term). Assessment results indicate that the physical risks rated at high to very high levels — requiring priority attention — are flooding and water scarcity. The Company also systematically assessed Transition Risks from climate change issues, covering strategic, financial, and legal/regulatory risks — considering key factors such as the stringency of environmental standards, Carbon Neutrality and Net Zero target trends, and international standard reporting requirements.
Assessment results reflect both cost impacts and adaptation requirements for industrial park operators, as well as opportunities for developing environmentally friendly resource and energy management products and services. The Company has applied assessment findings to define risk management measures and operational system improvements to support a sustainable transition to a low-carbon economy.
Stakeholders Directly Impacted
Employee/ Executive
Participated in reducing the organization's carbon emissions.
Customers
Supported environmentally friendly products and services.
Community and Society
Benefited from environmental and pollution reduction programs.
Government Sectors
Oversaw and supported environmental operations.
Supplier
Engaged in the use of eco-friendly materials and energy.
