Stakeholder & Community Engagement

The current global warming situation has resulted in the global start of trade measures aimed at sustainability by the United Nations, such as import-export tariffs, international carbon credit trading. Including requiring of company's sustainability activities be reported on the stock exchange. As a result, businesses in the supply chain have to pay more attention to sustainability policies. Therefore, these can increase the opportunity to sell products or services that meet more sustainability needs. Including possibly receiving some tax deductions in the future

ESG reporting is the process of documenting an organization's initiatives and activities that reduce negative impacts and promote sustainability across all aspects of its operations. For publicly listed companies, these reports are submitted annually to the Securities and Exchange Commission (SEC) as part of their regulatory reporting requirements. E (Environment): Initiatives and activities related to environmental protection and sustainability. S (Social): Initiatives that promote social responsibility, employee well-being, community engagement, and stakeholder impact. G (Governance): Initiatives focused on corporate governance, ethics, compliance, transparency, and accountability. These activities are aligned with the United Nations Sustainable Development Goals (SDGs), providing a globally recognized framework for measuring and advancing sustainable development.

SDGs (Sustainable Development Goals) are goals and indicators for sustainable development set by the United Nations. There are 17 main topics and 169 sub-topics covering all sectors for all countries around the world. BCG (Bio, Circular, Green Economy) is a concept about the use of renewable and renewable energy in the economy to maximize the benefits of industry resources usage to produce goods and services. ESG Report is a requirement to report on sustainability activities set by the investment sector.

Thailand is now using the FTSE Russell ESG Score to align with global standards and boost the visibility of Thai companies among international investors. This move helps make ESG assessments more transparent, as the FTSE Russell model uses public information rather than relying on self-reported questionnaires. It reduces the reporting burden for companies while providing investors with consistent, comparable data. By shifting to this global framework, Thailand aims to increase trust, improve investment appeal, and support long-term sustainability goals. The transition will be gradual, with a pilot phase starting in 2024 and full adoption expected by 2026.

Firstly, analyzing the form and production process of products and how your business is, currently Analyze how and where activities within the company meet the sustainability goals using the sustainability goals (SDGs) as a criterion. Select activities or tools that can be adapted or developed to achieve the chosen goal.

The most important thing is to create sustainability for the planet and life. In some countries and industries may benefit from tax measures, such as using carbon credits to reduce import taxs to the EU (CBAM-Carbon Boarder Adjustment Mechanism) for certain export businesses, etc.

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