Sustainability

The Company is committed to conducting its business through sustainable management, firmly upholding ethics and corporate governance principles, while aiming to enhance the quality of life for communities through the vision: “A leader in the comprehensive production of lubricants, ready to take every opportunity for sustainable and unrestricted growth.”

This commitment is carried out through enterprise risk management in alignment with corporate governance principles, including consideration for the interests of all stakeholders. The Company aims to promote sustainable business growth in accordance with the Global Reporting Initiative Standards (GRI Standards) and considers alignment with the Sustainable Development Goals (UN SDGs) as key to delivering value to society.

The Company has formulated a clear strategy and implementation plan, including the establishment of a Sustainable Development Steering Committee & Working Committee to ensure continuous and effective sustainability performance at the organizational level. This structure supports alignment with the Company’s objectives and strategic goals, with contributions and collaboration from everyone in the organization.

Strategies and Operational Framework for Corporate Sustainable Development

In 2024, the Company developed its corporate sustainability framework to support the Company’s growth toward sustainable development goals, with a target set for 2029. This initiative is driven by three core strategic framework, as follows:

การพัฒนาเทคโนโลยีและผลิตภัณฑ์หล่อลื่นครบวงจรที่ครอบคลุมห่วงโซ่คุณค่าของธุรกิจ พร้อมการต่อยอดทุกโอกาสทางธุรกิจพัฒนา และปรับตัวให้รับได้กับทุกความเสี่ยงอย่างต่อเนื่อง เพื่อการเติบโตอย่างยั่งยืนและไร้ขีดจำกัด (Business Development and Resilience)

บริษัทฯ จะดำเนินกระบวนการในการส่งมอบคุณค่าของสินค้าและบริการบนพื้นฐานของการใช้ทรัพยากรให้เกิดประโยชน์สูงสุด ตามหลักเศรษฐกิจหมุนเวียนและเข้าใจคุณค่าของการใช้ทรัพยากรให้เกิดประโยชน์สูงสุด (Value Consumption and Circular Economy)

The Organization’s Sustainability Development Goals

In 2024, the Company developed its corporate sustainability framework to support the Company’s growth toward sustainable development goals, with a target set for 2029. This initiative is driven by three core strategic framework, as follows:

Number of significant corporate governance complaints

0

CG Rating: 5 Stars in 2025

Participation in the Thai Private Sector Collective Action Against Corruption (CAC)

Certified by Thai CAC within 2032 (Announced intention to join CAC in 2020)

ESG risk management covering the parent company and subsidiaries

100%

in 2029

Frequency of business continuity plan testing

1

per year

Return on investment from low-risk assets

12%

Total investment value

More than THB

1,000

million

Advancing Digital Transformation across functions to enhance efficiency in management and business operations.

Targeting a

10%

cost reduction rate by 2029

Number of new products or SKUs developed to meet evolving customer and market demands

5

SKUs per year

Investment value in automation-related projects aimed at cost reduction in production processes and automation system improvements

Over THB

100

million by 2029

Customer satisfaction with products and services

Over

95%

by 2029

Number of significant customer complaints regarding products and services

0

ESG due diligence conducted on key suppliers

100%

by 2029

Inventory cost optimization to improve gross profit margin by more than

15%

of net revenue by 2029

อัตราการปลดปล่อยก๊าซเรือนกระจกต่อหน่วยการใช้งานพื้นที่องค์กร

การเตรียมความพร้อมในการรายงาน Carbon Footprint for Organization

อัตราการใช้พลังงานในองค์กร

ลดลงร้อยละ

5

ภายในปี 2570 ปีฐาน 2566

สัดส่วนปริมาณการใช้น้ำ

ลดลงร้อยละ

5

ภายในปี 2572

ผลการวิเคราะห์น้ำทิ้งสอดคล้องตามที่กฎหมายกำหนด

ลดการฝังกลบขยะอุตสาหกรรม ตามหลัก 3Rs และ Circular Economy

เป็น

0

ภายในปี 2572

สัดส่วนการเพิ่มขึ้นของพื้นที่สีเขียวในพื้นที่องค์กรและชุมชน

เพิ่มขึ้น

3,000

ต้น

เทียบจากปีฐาน 2566

จำนวนเหตุการณ์ไม่ปฏิบัติตามกฎหมายและระเบียบด้านสังคม สิ่งแวดล้อม และบรรษัทภิบาลที่เป็นนัยสำคัญ

เป็น

0

Operational Framework for Corporate Sustainability Development

The Company has established a framework for implementing its sustainability development efforts to drive progress toward its 2030 sustainability goals. The framework is divided into three key pillars: Economic, Social, and Environmental. This approach aligns with the Company’s vision to be a leading manufacturer of fully integrated lubricants, ready to take every opportunity for sustainable and unlimited growth.

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Operational Framework for Corporate Sustainable Development

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Short Term

Establish the Foundation and Define Operational Guidelines

Set sustainability goals aligned with the organization’s strategy and international standards.
Develop and revise ESG-related policies, including the establishment of risk management mechanisms.
Establish guidelines for stakeholder engagement and addressing complaints and concerns.
Promote organizational values and culture that encourage social and environmental responsibility.

Medium Term

Develop Capabilities and Integrate Operations into Regular Practice

Adopt circular economy principles and greenhouse gas emission reduction into business operations in line with national and international standards.
Expand sustainable supply chain management practices to key partners across the value chain.
Promote human resource development and enhance workforce competencies through upskilling and reskilling programs aligned with sustainability strategy.
Integrate innovation and digital technology to strengthen ESG performance in terms of qualitative and quantitative data.

Long Term

Strengthen and Establish Leadership in Sustainability

Aim to become a Net Zero Emissions organization in line with global standards.
Develop environmentally friendly innovations and products that meet long-term sustainability needs.
Elevate corporate governance (CG) standards to industry-leading levels.
Expand collaboration with international and regional networks to build a resilient and sustainable business ecosystem.