Because everyone has an important part to drive the company to grow forward sustainably. The company pays attention to all stakeholders by giving importance to customers, employees, business partners, human rights, and continually contributing to the society.
Realized Climate Change
Goals Net Zero
Realized Climate Change
Considering the consequences of climate change risk
Impact on the organization
- Customers in the agricultural sector are affected in terms of production. When income is less, resulting in reduced efficiency in debt repayment.
- Uncertainty from investors can result in a lack of liquidity, shrink profits and possibly additional costs from tax carbon.
- In the event of a disaster, employees unable to provide services at the branch, including the increase in electricity bills due to changing weather conditions.
Handling the consequences
- Handling the consequences
- Improvement of the criteria for credit consideration.
- Set policies and measures to demonstrate the company's awareness and preparation for the consequences.
- The Muang Thai 4.0 application provides affected users to access the service without having to visit the branches.
Goals Net Zero
Phase 1 : 2022 - 2027
Reduce average carbon dioxide equivalent emissions by 10% from the base year
Policy Announcement Initiate guidelines to set short-term goals for resource management to reduce carbon dioxide emissions by setting the performance (KPI) of executives and employees.
Phase 2 : 2028 - 2032
Reduce average carbon dioxide equivalent emissions by 40% from the base year
Improve efficiency in reducing carbon dioxide emissions by applying technologies and clean energy such as solar cells, paperless electric vehicles, water circulation and the Zero Waste Project to be applied in business operations. The goal for this phase is to reduce carbon dioxide emissions by 40%.
Phase 3 : 2033 - 2037
When the company's efficiency in reducing carbon dioxide emissions is at an acceptable level. The organization plans to set additional activities or projects such as forest planting activities or other activities to replace the amount of carbon dioxide e mitte d in the atmosphere in order to achieve the goal of becoming a carbon neutrality company.
Resource management and environmental conservation policies and guidelines
Manage the company's operational resources to increase efficiency while preventing negative environmental consequences at the corporate level. Also, it improves operations to decrease emissions that contribute to global warming and establishes the aim of becoming a Net Zero company, as well as encouraging workers,
strategies for resource management
Environmental performance in 2022 has set a metric for operational efficiency "Productivity" which can be calculated from the inverse of CO2 emissions equivalents and credit outstanding. (equivalent tons of carbon dioxide/million baht) by setting the productivity value to grow at least 5% compared to the previous year. And for the next year, let's set this Productivity value as one of the indicators of success (KPI), both short-term and long-term.
Fuel consumtion management
Today, the Company's in-house operations are inevitably still powered by oil, coupled with its customer base expanding yearly, and the number of credits is increasing. As a result, oil consumption continues to increase. However, we still consider the impact of greenhouse gases that cause global warming and climate change. Therefore, the following oil management measures have been established.
Productivity value increased by 19.10% from 2021 to 2022, which was greater than the goal set.
Electricity consumption management
Electricity is a vital source of energy for business operations. Organizations need electricity for almost every step of their operations. The growth of the organization and the increase in branches cause the amount of electricity consumption to increase, resulting in increased costs and more pollution.
Productivity value increased by 13.19% from 2021 to 2022 which was greater than the goal set
Water consumption management
Water is one of the essential resources for living and doing business. Flooding and drought are currently affecting the ability to develop the economy and improve people's quality of life in some regions. Furthermore, the increased population has led to greater demand for water, resulting in Thailand experiencing a continuous water crisis. A water conservation campaign, as well as communication and public relations among all personnel to preserve water resources, with the following measures:
Productivity value decreased by 30.77 which was lower than the goal set. Due to change in GHG Emission Factor for water from 0.2843 to 0.5410.
Paper usage management
The organization's operations are still paper-based in order to support the business expansion of more than 20%. Of course, the consumption of paper will increase. However, the organization has measures to reduce and control the amount of paper usage in order to have the lowest indirect impact on the environment. The company has the following measures.
Productivity value increased by 9.53% from 2021 to 2022 which was lower than the goal set.