Driving Business for Sustainability
TTA Group or the Group strives to achieve sustainable business growth and be able to adapt for future changes, while delivering the maximum value for its shareholders constantly through strategic investments with a balanced portfolio, diversified both locally and internationally. The Company has developed a clear framework for investment consideration, business management, and expansion in the portfolio. Currently, there are 5 main business segments in the Company’s investment portfolio, including Shipping, Offshore Services, Agrochemical, Food and Beverage, and Other Investment, including importation of coals and water resources management. The Group conducts its operations with all 3 dimensions of sustainable development in mind, namely environment, social, and governance and economic. The Group will add value to the economic section by becoming the most trusted Asian investment group, while reducing the negative impacts of business operations on society and environment by taking into account the expectation and delivery of good experience continuously to all groups of stakeholders. Moreover, the Group also focuses on reducing potential impacts on natural resources and environment from business operations, driving the organization towards sustainable growth.
Sustainability Policy, Strategy, and Operational Framework
Establishment of the Sustainable Development Committee
The Board of Directors approved the appointment of the Sustainable Development Committee (SDC) and its Charter. The SDC consists of a Board member chairing the committee, and executive members from each business unit and related departments of the Company. The role and responsibilities of the SDC committee towards the Group include establishing the sustainable development framework such as formulating the policies and strategies, driving forth sustainability plans to be aligned with business operations in terms of environment, society, and governance and economic, as well as monitoring climate change. The committee aims to create value for all groups of stakeholders while encouraging action as well as internal and external collaboration under the sustainable development framework. Moreover, the SDC must continuously report the progress of its operations to the Board of Directors.
The SDC appointed the Sustainable Development Working Group, which consists of representatives from each business unit, to ensure the implementation of sustainable development mandate throughout the organization and alignment with sustainable development policies and strategies established by the SDC.
