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Sustainability Framework and Strategy

Sustainability Framework and Strategy

The Company realizes the importance of doing business sustainably, in accordance with the organization’s vision “To be Thailand’s Leading Company in Water, Energy and Eco-Friendly Businesses”

with good governance, along with social responsibility, natural resource conservation and environmental stewardship, to build confidence among stakeholders through transparent and inspection processes. Therefore, the Company has established a sustainable development policy to serve as a management framework for the long-term sustainability development of the organization.

In addition, the company has created a sustainability development strategy.The objective is to determine operational measures for sustainable development of the TTW Group as a guideline for sustainable business operations. in accordance with the organization’s sustainability policy and Sustainable Development Goals (SDGs) of the United Nations (UN) by details of sustainable development policy and strategy as follows,

Good Corporate Governance
Business Process Management Continually
Sustainable Environmental Management
Good Corporate Governance
  1. Doing business transparently and verifiable with governance.
  2. Add value to the Company’s business toward mutual benefit based on the balance among stakeholders.
  3. Adapt the Anti-corruption Policy on the operation strictly.
  4. Realize the importance of personal data protection and the privacy of those involved by establishing a Personal Data Protection Policy to implement in the operation with stakeholders.
  5. Manage risk covering the organization’s value chain.
  6. Treat stakeholders equally and fairly.
Business Process Management Continually
  1. Commit to running a comprehensive water business, including raw water management, tap water production, and wastewater treatment.
  2. Commit to energy and environmental business in addition to water business.
  3. Create long-term added value of products and services by considering the satisfaction of customers and stakeholders.
  4. Promote the development and creation of business innovations with social and environmental innovations.
Social Value Creation
  1. Manage human resources with efficiency and fairness in accordance with the standards, requirements of laws, and international labor charters.
  2. Encourage personnel to develop necessary knowledge and skills according to the employee potential development plan and promote creativity in working through Kaizen activities.
  3. Support the occupational health and safety management system by establishing operational manuals and safety standards in accordance with the nature of work and creating a safe working culture throughout the organization.
  4. There is a policy on human rights and labor, encouraging executives and employees to respect and comply with international human rights principles based on equality and non-discrimination.
  5. Create satisfaction for employees and communities surrounding the Company’s business areas.
  6. Promote engagement with communities and relevant stakeholders to create strong relationships, comprehension, and cooperation to reduce conflictsarising in the future.
Sustainable Environmental Management
  1. Realize the importance of doing business without affecting the environment.
  2. Conserve energy and climate change through the reduction measures of electricity consumption and GHG emissions from business processes according to the specified goals.
  3. Manage water resources by raising awareness of water utilization with value, establishing measures and goals for reusing wastewater from production processes to reproduce tap water.
  4. Manage waste and unused materials by using sludge for product research and social use, as well as promoting the valuable use of unused materials.
  5. Manage biodiversity for the benefit and value of organizations and ecosystems by establishing preventive measures for tap water and wastewater treatment production systems from negative impacts on living organisms in ecosystems.
  6. Promote cooperation and participation in natural resource conservation and environmental stewardship between the organization and external agencies.
  7. Aware of strictly complying with environmental laws by establishing an environmental management system (ISO 14001), including internal monitoring and certification from external agencies according to the plan.