Climate Change

Supporting the SDGs Goals

SDGs

Goal 7:

Sustainable modern energy which is accessible for all.

Goal 12:

Sustainable consumption and production patterns.

Goal 13:

Take urgent action to combat climate change and its impacts.

Goal 14:

Use the oceans, seas and marine resources.

Goal 15:

Use of terrestrial ecosystems.

Goal and Performance Highlights

Long-Term Goals

1 By 2030, the amount of greenhouse gas emissions Scope 1 and Scope 2 per total revenue has decreased by 20% from the base year (Base year: 2022.)
2 By 2050, the amount of net greenhouse gas emissions is zero (Net Zero.)

Strategy

Increase renewable energy and reduce greenhouse gas emissions.

Modify or improve processes and equipment to be more efficient.

Performance Highlight

increase the cumulative green area

+36,000

Square Meters.

35.17%

Amount of Greenhouse Gas Emissions on scope1 and Scope2 per total revenue, has decreased from the base year (%) (base year 2022)

ESG Performance Data

Challenges and Opportunities

Commitment

The Company is committed to being a part of the solution to climate change, recognizing that climate change is an issue that affects the sustainability and well-being of humanity. Globally, efforts have been made to reduce greenhouse gas emissions to mitigate its impact. The Company places importance on the Carbon Footprint for Organization (CFO), which began in 2022, to acknowledge the amount of greenhouse gases emitted from the Company’s activities and to monitor the results of activities aimed at reducing greenhouse gas emissions.

Risk Management and Opportunities

The Company assesses climate-related risks and opportunities to identify the types of risks it may face. The Company places importance on potential risks and opportunities in order to develop action plans that mitigate adverse impacts. The Company evaluates both physical risks and transition risks across three time horizons: short-term (1–3 years), medium-term (3–10 years), and long-term (over 10 years). The assessment of climate-related opportunities also considers potential impacts on financial reporting. These assessments are conducted in accordance with the guidelines of the Task Force on Climate-related Financial Disclosures (TCFD) and IFRS S2.

Climate-related Risk Assessment

Transition Risks

Climate-Related Risk	Potential Financial Impacts
Policy and Legal Changes in Government Policies and Regulations. Enhancing Standards for Environmentally Friendly Products and Services. Mandates on and regulation of existing products and services. Exposure to litigation.	Increased operating costs such as higher compliance costs, increased insurance premiums. Increased cost of goods and services. Increased costs and reduced demand for products and services.
Technology Increasing investment in technology, research, and development of alternative products and services with low greenhouse gas emissions. Costs to transition to lower emissions technology.	Research and development (R&D) expenditures in new and alternative technologies. Capital investments in technology development Reduced demand for products and services. Costs to adopt/deploy new practices and processes.
Marketing Changing customer behavior Uncertainty in market signals Shifting consumer demand toward environmentally friendly products may result in challenges in sourcing and maintaining the availability of sustainable products, as well as increased product costs.	Reduced demand for goods and services due to shift in consumer preferences. Increased operating expenses due to higher costs of environmentally friendly products.
Reputation Changing consumer demands. Increased stakeholder concerns and potential negative feedback.	Reduced revenue from decreased demand for goods and services. Reduced revenue from negative impacts on workforce management and planning. Decline in Available Capital Due to Negative Corporate Image and Reputation.

Physical Risk

Climate-Related Risk	Potential Financial Impacts
Acute Cyclones and floods. Chronic Changes in precipitation patterns and extreme variability in weather patterns. Rising mean temperatures. Rising sea levels.	Increased Operating Costs Due to Business Disruption from Natural Disasters. Decline in revenue due to business disruptions (e.g., store closures, transportation issues, supply chain interruptions). Reduced revenue and higher costs from negative impacts on workforce (e.g., health, safety, absenteeism). Increased costs for repairing damaged store and implementing preventive operational measures. Capital expenditures for constructing new store. Increased costs for flood response and mitigation efforts. Increased insurance premiums and potential for reduced availability of insurance on assets in “high-risk” locations

Climate-Related Risk

Potential Financial Impacts

Acute

Cyclones and floods.

Chronic

Changes in precipitation patterns and extreme variability in weather patterns.
Rising mean temperatures.
Rising sea levels.

Increased Operating Costs Due to Business Disruption from Natural Disasters.
Decline in revenue due to business disruptions (e.g., store closures, transportation issues, supply chain interruptions).
Reduced revenue and higher costs from negative impacts on workforce (e.g., health, safety, absenteeism).
Increased costs for repairing damaged store and implementing preventive operational measures.
Capital expenditures for constructing new store.
Increased costs for flood response and mitigation efforts.
Increased insurance premiums and potential for reduced availability of insurance on assets in “high-risk” locations

Management Approach and Value Creation

Management guidelines

The Company operates a retail business specializing in construction materials and home decoration products, so its activities inherently consume energy and natural resources. Acknowledging its environmental impact, the Company is committed to reducing both direct (Scope 1) and indirect (Scope 2) greenhouse gas emissions. Key initiatives include transitioning from fuel-based equipment, tools, and vehicles to electric alternatives, utilizing solar energy to replace transmission-line electricity, and adopting energy conservation measures to reduce electricity consumption, which accounts for 58% of the Company’s total greenhouse gas emissions. These efforts reflect the Company’s dedication to sustainability and minimizing its carbon footprint.

58%

of the Company’s total greenhouse gas emissions. These efforts reflect the Company’s dedication to sustainability and minimizing its carbon footprint.

Carbon Footprint for Organization (CFO)

Since 2022, the Company has been assessing its carbon footprint or GHG emissions, shown in a ton of carbon dioxide equivalent (Ton CO2e), caused by its activities and operations, such as fuel combustion, electricity consumption, waste management and transportation. All has been reviewed and validated by VGREEN KU Co., Ltd., an auditing firm for carbon footprint of organizations registered with Thailand Greenhouse Gas Management Organization (Public Organization.)

Carbon Footprint for Organization: CFO in 2024

Click to Enlarge

GHG Emission Amount (Ton CO₂e)	2022	2023	2024
Direct greenhouse gas emissions (Scope 1)	14,529	11,142	14,131
Indirect greenhouse gas emissions from electricity consumption (Scope 2)	33,794	36,998	48,209
Total indirect greenhouse gas emissions (Scope 3)	9,911	9,314	11,747
1. Purchased goods and services	881.24	577.73	606.67
2. Capital goods	-	-	-
3. Fuel-and energy-related activities	8,827.56	8,631.15	10,837.75
4. Upstream transportation and distribution	5.86	36.5	5.23
5. Waste generated in operations	-	-	234.84
6. Business Travel	-	-	-
7. Employee commuting	-	-	-
8. Upstream Leased Assets	N/A	N/A	N/A
9. Downstream transportation and distribution	-	-	-
10. Processing of sold products	N/A	N/A	N/A
11. Use of sold products	-	-	-
12. End-of-life treatment of sold products	152.85	25.32	22.00
13. Downstream Leased Assets	43.29	42.43	39.88
14. Franchises	N/A	N/A	N/A
15. Investments	-	-	-

Remark: The Company assessed its carbon footprint of organizations using data from January 1 to December 31, 2024 and passed the verification.

TGO Guidance of the Carbon Footprint for Organization

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ESG In Action

Climate Change

Supporting the SDGs Goals

SDGs

Goal 7:

Goal 12:

Goal 13:

Goal 14:

Goal 15:

Goal and Performance Highlights

Long-Term Goals

Strategy

Performance Highlight

Challenges and Opportunities

Commitment

Risk Management and Opportunities

Climate-related Risk Assessment

Transition Risks

Physical Risk

Management Approach and Value Creation

Management guidelines

Carbon Footprint for Organization (CFO)

Carbon Footprint for Organization: CFO in 2024

TGO Guidance of the Carbon Footprint for Organization

Related Documents

Climate Change

Climate Change Management Policy

Climate Change Strategy

Environmental Management Policy

ESG In Action

Our Projects

EV Charger Station installation project

Electric Forklift and Electric Stacker Using

Our Activities

Organizing the sale promotion by Digital system (Digital Lucky Draw)