Our Goals and Performance
We believe that sustainability cannot be created by one person alone, but the collaboration and participation of all internal and external stakeholders which would lead to the development of the organizational growth. Sustainability strategy is not only a long-term goal, but needs to be part of the daily business operation. Integration of sustainability strategy to a strong business foundation will foster successful partnerships with society for the sustainable growth.
Integration of Sustainable Development Goals (SDGs) to the sustainability strategy helps us identify the issues that create positive impacts, or at least, efficiently reduce the negative impacts. Materiality issues have also been linked with SDGs to identify the most relevant activities within Thai Wah’s value chain that directly or indirectly support the SDGs.
- Received an “Excellent CG Scoring” rating for our corporate governance performance for 2 consecutive years
- Listed in the “Thailand Sustainability Investment (THSI)” for 4 consecutive years
- Member of Private Sector Collective Action Coalition against Corruption (CAC)
- Environmentally Friendly Starch Business Suppliers Accounted for 5 Percent of All Starch Business Suppliers
- Environmentally Friendly Food Business Suppliers Accounted for 15 Percent of All Food Business Suppliers
- Disease-Free Cassava Stems Distributed to Farmers Increased by 30% to 797,102 Stems
- Knowledge Sharing and Training Provided for 560 Farmers in Thailand and 110 Farmers in Cambodia
- Farmer Members on Thai Wah’s Farming Application Increased by 180% to 21,000 Members
- Consumption of Electricity Generated by Solar Power Increased by 1.3MWh to 2.7MWh
- Consumption of Electricity Generated by Biomass Was at 27,012,152 Units
- Water Consumption Reduced by 351 Million Liters
- Treated Water as a Percentage of Used Water Remained at 100%
- Lost-Time Injury Frequency Rate (LTIFR) Reduced by 33% to 5.3
- Average Training Hours was 69 Hours/Person/Year
- Ratio of Female Associates to Male Associates Remained at 1:1
- Associates with Disabilities was 18 persons with 1,485,185 Baht to Department of Empowerment of Persons with Disabilities
- Number of Patents Increased by 1 Patent, Totaling 1 Patent
- R&D Spending Increased by 2.5 Million Baht to 36.3 Million Baht
- Number of Newly-Added Health- and Environment-Oriented SKUs Remained at 5 SKUs, Accounting For 80% of Total Newly-Added SKUs
- Plastic Packaging Consumption Reduced by 4.8 Tons
- Cardboard Consumption Reduced Approximately by 134 Tons for all SKU That Use Green Carton