SPI Value Chain

Business Development
Stakeholders
Employees/Executive Officers
Shareholders
Suppliers
Government sectors

Land & Resource Acquisition
Stakeholders
Employees/Executive Officers
Shareholders
Government sectors
Creditors
Communities and Society

Products & Services Development
Stakeholders
Employees/Executive Officers
Suppliers
Government sectors
Customers
Communities and Society

Value Creation and Delivery Through Products and Services
Stakeholders
Employees/Executive Officers
Suppliers
Government sectors
Customers
Communities and Society

Stakeholders Relationship Management
Fostering and maintaining relationships between the Company and its stakeholders, both directly and indirectly.
This includes creating positive experiences and committing to developing a pleasant and welcoming environment for everyone, under the philosophy of "Creating more than just an industrial zone."
Stakeholders
Employees/Executive Officers
Shareholders
Suppliers
Customers
Communities and Society
Competitors
Stakeholder Analysis in the Business Value Chain
The Company conducts its business with consideration for stakeholders who play roles and are involved both internally and externally throughout the business value chain. This is to assess the importance of stakeholders and the direct and indirect impacts that arise,
in order to establish guidelines and practices to effectively meet their expectations and foster engagement among all stakeholder groups. The Company has identified eight groups of direct and indirect stakeholders based on good corporate governance principles as follows:
Stakeholders Engagement
Stakeholder Engagement Channels
- Annual General Meeting
- Online Communication
- Annual Report
- Feedback/Complaints Channels
- Industrial Parks Site Visit
Expectations
- Appropriate Required Return
- Business Growth Potential
- Risk Management System
- Good Corporate Governance
- Social and Environmental Responsibility
Response to the Expectations
- Disclose performance accurately, transparently, and auditable, adhering to good corporate governance principles.
- Analyze and review the Company's risks regularly to reduce to an acceptable level.
- Seek investments aligned with economic growth trends.
- Develop innovations and technologies to reduce costs and environmental impact.
- Review the Company's corporate governance principles annually.
- Provide opportunities for shareholders to propose agenda items for meetings and/or nominate individuals for consideration as directors at shareholders’ meetings.
Operating Results
- Consideration of dividend payments regularly.
- The corporate risk factors are within acceptable levels.
- Investment in businesses with potential for economic growth.
- Continuous annual support for the Saha Group innovation contest.
- The Corporate Governance Report (CGR) for 2024 rated the company as excellent.
- The evaluation of the Annual General Meeting (AGM) Checklist scored 100 points.
- Certified as a member of the Thai Private Sector Collective Action Against Corruption.
Response to the Targets of UNSDGs
Stakeholder Engagement Channels
- Annual Executive Meetings with Employees
- Direct Communication with The CEO
- Online Communication
- Employee Engagement Surveys
- Channels for Suggestions/Complaints
Expectations
- Appropriate Compensation and Benefits
- Fair Performance Evaluation
- Job Security and Career Advancement
- Positive Work Atmosphere and Environment
- Development Of Potential, Knowledge, and Skills
- Human Rights
Response to the Expectations
- Implement principles of human rights and fair labor practices.
- Enhance compensation and appropriate benefits.
- Improve the efficiency of the performance evaluation system.
- Establish clear career paths and succession planning.
- Develop training programs that meet current needs and adapt to global changes.
- Provide opportunities for internal employees to apply for other company positions.
- Ensure adequate work equipment and supplies.
- Create a safe and enjoyable work environment.
- Conduct SPI Employee Sharing Surveys.
- Conduct Employee Engagement Surveys every two years.
- Facilitate activities between management and employees.
- Foster employee engagement with the organization.
Operating Results
- Implement a flexible benefits system.
- Conduct performance evaluations for executives and employees.
- Administer the “2024 SPI Examination” to promote career advancement for employees at all levels.
- Develop individual development plans for executives retiring within three years.
- Employee engagement survey results show a commitment rate of 83.24%.
- Organize 5 Townhall events.
- Announce internal job postings under the Career Opportunity program.
- Offer 157 training courses for employees with both internal and external.
- Average training hours per person amount to 34.20 hours.
- Encourage a safe working environment for all employees.
- Maintain a workplace accident and fatality rate of zero.
- Conduct a comprehensive human rights due diligence risk assessment for employees while reviewing preventive, corrective, and remedial measures.
Response to the Targets of UNSDGs
Stakeholder Engagement Channels
- Annual Customer Satisfaction Survey
- Customer Relations Activities
- Meeting with Customers
- Feedback/Complaints Channels
Expectations
- Fair Business Practices
- Quality After-Sales Service
- Customer Relationship Management
- Environmentally Friendly Business Operations
- Risk and Emergency Management
Response to the Expectations
- Smart city projects.
- Support customers’ business operations, such as capacity-building training programs.
- Develop innovations and technologies to reduce costs and environmental impact.
- Implement projects to protect and restore ecosystems (Eco Industrial Town).
- Respond efficiently to customer complaints.
- Manage environmental aspects appropriately.
- Integrate water management system.
- Develop the use of renewable energy.
- Comprehensive risk management and emergency preparedness and response.
- Operate under the human rights principles.
Operating Results
- The Saha Group Industrial Park in Sriracha is located within a smart city promotion zone, dedicated to innovation and sustainability for becoming a Smart City.
- Both the Saha Group Industrial Park in Sriracha and the Saha Group Industrial Park in Kabinburi have been certified as Level 5 Eco Industrial Towns.
- Establish channels for receiving complaints.
- Customer satisfaction survey results show a satisfaction rate of 87.23%.
- The Saha Group Industrial Park in Sriracha promotes the use of renewable energy from solar power.
- Implement a comprehensive human rights due diligence risk assessment process.
- Conduct fire drill and evacuation training at least once a year.
Response to the Targets of UNSDGs
Stakeholder Engagement Channels
- Supplier/Partners Meeting
- Supplier Evaluation
- Knowledge Management and Sharing Meeting
- Good Corporate Governance
- Business Integrity
- Online Communication
- Feedback/Complaints Channels
Expectations
- Fair Business Practices
- Sustainable Partnerships and Value-added Activities
- Human Rights
- Sustainable Value Chain
Response to the Expectations
- Adherent to laws, principles of good governance, ethics, and codes of conduct.
- Regularly review and update procurement practices to ensure timeliness and appropriateness.
- Develop supplier development programs, such as training on relevant laws or courses that enhance competitive capabilities.
- Apply human rights principles.
- Conduct preliminary ESG evaluations.
Operating Results
- Hold contractor meetings at least once a year.
- Encourage suppliers to join the Thai Private Sector Collective Action Against Corruption.
- Implement self-assessment and business ethics evaluations for suppliers, covering ESG issues.
- Critical Tier 1 Suppliers directly doing business with the Company participate in comprehensive human rights assessment training.
- The average payment period for suppliers is 47 days.
Response to the Targets of UNSDGs
Stakeholder Engagement Channels
- Community Relations Activities
- Community Satisfaction Survey
- Meeting with the Government Sectors
- Environment Management System (ISO 14001)
- Quality Management System (ISO 9001)
- Energy Management System (ISO 50001)
- Online Communication
- Feedback/Complaints Channels
- Saha group Industrial Parks Site Visit
Expectations
- Compliance to environmental laws, rules, and regulations
- Traffic Management
- Water Management
- Environmental Impact Management
- Community and Society Development
- Good Relationship with the Community
- Safety
Response to the Expectations
- Smart City Project
- Collaborate with all sectors to solve traffic issues.
- Systematic water management.
- Promote efficient waste management systems for industrial park entrepreneurs.
- Implement projects to protect and restore ecosystems (Eco Industrial Park Projects).
- Enhance quality of life and economic development in the community (e.g., providing spaces for exercise and selling community products).
- Build community networks.
- Resolve various complaints.
- Educate and help communities prepare for emergencies.
- Appoint a working committee overseeing environmental work.
- Eco Industrial Park Projects.
- Dr. Thiam Chokwatana's sufficiency agriculture projects.
- Support and participate in local cultural and traditional activities.
- Promote and support education.
Operating Results
- Evaluate compliance with relevant laws, ensuring no fines for violations.
- The Saha Group Industrial Park in Lamphun has been recognized as a model organization for road safety and has implemented concrete measures.
- All Saha Group Industrial Parks maintain green spaces exceeding 10% of their total area.
- Implement measures to prevent and mitigate biodiversity impacts on both terrestrial and aquatic ecosystems.
- Provide space for community product sales at the Saha Group Fair and monthly community markets held on the last Wednesday of each month.
- Establish an agricultural learning and product processing center under the Dr. Thiam Chokwatana Sufficiency Agriculture Project.
- Annually award scholarships during the Brahma Shrine ceremony at the industrial park.
- Established the environmental and sustainability working groups.
- Achieve certifications for Quality Management (ISO 9001), Environmental Management (ISO 14001), and Energy Management (ISO 50001).
- The Saha Group Industrial Park in Sriracha is located within a smart city promotion zone, dedicated to innovation and sustainability for becoming a Smart City.
- Both the Saha Group Industrial Park in Sriracha and the Saha Group Industrial Park in Kabinburi have been certified as Level 5 Eco Industrial Towns.
- Develop strategies, plans, and activities for community and social development, covering quality of life promotion, sustainability communication, education and learning activities, traditions and culture, health, and public benefit activities.
- Community satisfaction survey results show a satisfaction rate of 86.32%.
Response to the Targets of UNSDGs
Stakeholder Engagement Channels
- Annual Report
- Performance Report via Stock Exchange of Thailand Channels
- Feedback/Complaints Channels
- Online Communication
Expectations
- Operate within the framework of fair competition.
- Refrain from damaging the reputation of business competitors.
Response to the Expectations
- Conduct business with transparency, adhering to laws and business ethics.
- Provide cooperation that benefits consumers.
Operating Results
- The Corporate Governance Report (CGR) for 2024 rated the Company as excellent.
- Certified as a member of the Thai Private Sector Collective Action Against Corruption.
- Disclose the Company's performance through the Annual Report (Form 56-1 One Report), Sustainability Report, and the Company's website.
- Establish channels for receiving complaints.
Response to the Targets of UNSDGs
Stakeholder Engagement Channels
- Meeting with the Government Sectors
- Annual Report
- Performance Report via Stock Exchange of Thailand Channels
- Feedback/Complaints Channels
- Online Communication
Expectations
- Compliance with environmental laws, rules, and regulations
- Good Corporate Governance
Response to the Expectations
- Strictly comply with laws, regulations, and government directives.
- Promote cooperation between the government and the Company
- Disclose operational information fully, accurately, transparently, and in accordance with good governance principles.
Operating Results
- Evaluate compliance with relevant laws, ensuring no fines for violations.
- Disclose the Company's performance through the Annual Report (Form 56-1 One Report), Sustainability Report, and the Company's website.
- Prepare reports on the implementation of environmental impact prevention and mitigation measures, as well as environmental impact monitoring measures.
- Establish channels for receiving complaints and disclose them on the Company's website.
Response to the Targets of UNSDGs
Stakeholder Engagement Channels
- Annual Report
- Performance Report via Stock Exchange of Thailand Channels
- Feedback/Complaints Channels
- Online Communication
Expectations
- Strong Financial Positions
- Debt Repayment Ability
- Accurate and Timely Financial Disclosure
Response to the Expectations
- Transparent business practices, adherence to laws and business ethics.
- Strict compliance with loan and bond agreement terms.
Operating Results
- Maintain a net debt to shareholders' equity ratio not exceeding 2.0:1.
- No complaints regarding non-compliance with loan and bond covenants.
- The company has been assigned a copporate credit rating of "AA-" with a stable outlook.
Response to the Targets of UNSDGs