Sustainability Management and Strategy
The Company has established a sustainability management framework to guide operation towards achieving internal sustainability encompassing 3 dimensions: good governance/economy, environment, and society.
This framework emphasizes business growth on the foundation of social and environmental responsibility, in line with the organization’s strategy for sustainable development
This framework aims to reduce negative impacts and/or enhance positive impacts arising from operational processes. It ensures compliance with relevant laws and regulations, and effective risk management, fostering a balanced and high-quality coexistence between industry and society. Additionally, it aligns with the United Nations’ Sustainable Development Goals and creates sustainable value for all stakeholders.
In addition to the sustainability policies and operational framework, the Company has also adopted the principles of a Circular Economy to drive sustainability activities by focusing on efficient use of resources, reducing negative impacts, minimizing operational waste and integrating international standards as guidelines for sustainability practices, such as the Sustainability Assessment Criteria of the Stock Exchange of Thailand, the International Organization for Standardization (ISO), the Global Reporting Initiative (GRI) framework for environmental, social, and governance disclosures, and the Eco-Industrial Town development guidelines from the Eco-Industrial Development Division, Department of Industrial Work, Ministry of Industry, which aligns with government policies. These measures are applied across all Saha Group Industrial Parks under the Company’s management, ensuring they operate in a balanced and high-quality manner across 5 dimensions and 20 aspects, including economic, environmental, and social operations.
Additionally, the Company has established a framework for its sustainability plan to align with the United Nations Sustainable Development Goals (UNSDGs). This plan encompasses 3 key dimensions: responsible management to create continuous opportunities, efficient and responsible use of resources, and responsiveness to the needs of all stakeholders.
Responsible management to create continuous opportunities
- Responsible Investment Integrating social, environmental, and corporate governance issues into operations and organizational performance assessments.
- Business Flexibility and Resilience Has the ability to flexibly adapt to all business changes.
- Innovation Development Promoting innovations that create value, enhance strength, and increase competitiveness.
- Risk Management Assessing and managing risks comprehensively, covering environmental, social, and good governance issues, including human rights, in all business processes.
Efficient and responsible use of resources
- Resources and Supply Chain Promoting sustainable supply chain management while ensuring responsible and efficient use of resources.
- Water Resources Enhancing the efficiency of water resource usage, including the safe recycling and reuse of water.
- Energy and Carbon Increasing efficiency in energy usage within the organization by using resources wisely and effectively, while promoting the use of renewable or clean energy sources.
- Waste and Residues Reducing waste generation and managing it according to the 3Rs principles: Reduce, Recycle and Reuse.
- Biodiversity Conserving and preventing damage to biodiversity and ecosystems while promoting restoration, supporting green initiatives, and establishing green spaces within project areas.
Ensuring accessibility and responsiveness to stakeholders' needs
- Health and Well-being Ensuring a healthy work environment to build confidence and maintain a balance for health and wellbeing.
- Skills and Leadership Developing essential skills comprehensively and promoting leadership through courses that encourage creative activities and innovation to deliver high-value products and services.
- Diversity and Inclusion Promoting equitable coexistence in society without discrimination based on age, gender, disability, race, nationality, religion, social status, or other factors.
- Community Relations Focusing on creating social value and engaging in sustainable community involvement.