Materiality Assessment
Assessment on the Significance of Key Sustainability Issues
1
Management and Prevention of Environmental Impact
2
Climate Crisis Management
3
Efficient Resource Utilization
4
Biodiversity Preservation
5
Stakeholder Treatment and Respect for Human Rights
6
Care and Value Creation for Community and Society
7
Human Resource Management and Development
8
Supervision of Health and Safety at Work
9
Business Growth
10
Code of Conduct and Anti-Corruption
11
Development of Products and Services
12
Risk Management
Environmental
Social
Governance
Sustainability Targets and Management of Material Issues
Dimension
Environmental
Effective Resource Management
Targets
- Reduce electricity usage within the organization per employee
- Reduce water usage per employee
Management Plan
- Ensure efficient use of electricit
- Promote use of renewable or clean energy
- Promote efficient water managemen
- Treat wastewater from project construction according to standards and laws
Management and Prevention of Environmental Impact
Targets
- Environmental budget, expenses, and/or fines
- Violations of environmental laws
Management Plan
- Announce environmental policies under the concept of “GrowGreen” and review them annually
- Carry out construction in accordance with environmental impact assessment report including requirements, related laws, regulations, and standards strictly
- Establish measures to remedy and respond to environmental impacts resulting from the Company’s operations
Climate Crisis Management
Targets
- Net Zero Greenhouse Gas Emissions
- Greenhouse Gas Emissions from Scope 1, 2, and 3 (compared with 2020 ase year)
Management Plan
- Set a goal to become a net zero organization for greenhouse gas emission by 2055
- Manage waste and waste from the Company's business operations and the "Separate, Pour, Dry” activity to reduce carbon footprint
- Increase green space to offset the emission of carbon dioxide (CO2), which is the cause of greenhouse gases
- Collaborate with networks and partners in both the public and private sectors to support greenhouse gas reduction activities
Biodiversity Conservation
Targets
- The new project in this year is located in a natural conservation area
Management Plan
- Maintain and create balance in the ecosystem and biodiversity of the project sites and surrounding areas
- Avoid implementing projects that encroach on natural conservation areas or develop projects that are not in accordance with the law
- Consider the creation of green spaces within the projects to create a balance in the ecosystem and society
Dimension
Social
Stakeholder Treatment and Respect for Human Rights
Targets
- Violations against the stakeholders
- Disputes Concerning Human Rights Violations
- Employees have completed training on human rights policy
Management Plan
- Analyze and identify key stakeholders throughout the Company's value chain
- Establish guidelines for all groups of stakeholders
- Announce and review the Human Rights Policy annually
- Provide whistleblowing channels in response to complaints, along with remedial measures in cases of human rights violations
- Ensure comprehensive assessment of human rights risks
Human Resource Management and Developmen
Targets
- Employee Engagement
- Employee skills development training sessions
- Employee turnover rate
Management Plan
- Employee satisfaction promotion
- Annual employee development plan
- Employee knowledge and skill developmen
Supervision of Health and Safety at Work
Targets
- Lost Time Injury Frequency Rate (LTIFR)
Management Plan
- Employee health, safety and work environment policy
- Annual work safety training
Care and Value Creation for Community and Society
Targets
- Violations of laws and regulations related to communities and society
- Fines incurred from mitigating damages to communities and society
- Community and social projects conducted in partnership with partners
Management Plan
- Quality of life of community development project
- Corporate Social Responsibility (CSR) activities
Dimension
Governance and Economic
Business Growth
Targets
- Performance growth
Management Plan
- Annual launch plan for new projects
- Sales and business revenue target setting
- Business expansion to potential locations
- Search for new businesses and joint ventures with potential partners
Code of Conduct and Anti-Corruption
Targets
- Violations concerning business ethics, corruption, and bribery
- Penalties or expenses related to business ethics violations, corruption, and bribery
- Employees who have completed training on business ethics, corruption, and bribery
Management Plan
- Announce and review the Corporate Governance Policy annually
- Announce and review the Code of Conduct annually
- Announce and review the Anti-Corruption Policy annually
- Prepare tests on the code of conduct and anti-corruption.
- Organize CG & Anti-Corruption Day activities
Risk Management
Targets
- Risk assessment across supply chain
Management Plan
- Organize annual risk assessment workshops
- Prepare annual risk management plan
- Monitor risk management results quarterly and annually
- Review annual business continuity management plan
Development of Products and Services
Targets
- Customer satisfaction of products
- Customer satisfaction of services
- To maintain a strong reputation among project residents, as reflected in the Net Promoter Score (NPS).
- Reputation among project visitors, as measured by the Net Promoter Score (NPS).
- Complaints regarding customer personal data protection
Management Plan
- Evaluate customer satisfaction with products and service
- Create a manual for product quality standards
- Set service standards
- Organize after-sales customer care activities