Sustainable Development Policy (2-23,2-24)
As a leading Asian investment group, Thoresen Thai Agencies Public Company Limited (TTA or the Company) is committed to continuously delivering positive experiences to all groups of stakeholders, while striving for sustainable business operations with social and environmental responsibility. To this end, the Group has established the Sustainable Development Policy, which has been approved by the Board of Directors, serving as a framework for sustainability across all business groups. All personnel at all levels throughout the organization are required to strictly comply with this Policy, which covers all 3 dimensions of sustainability, as detailed below:
Access full details of the Sustainable Development Policy at https://www.thoresen.com/storage/download/corporate-documents/20221220-tta-sustainable-development-policy-en.pdf
| Environment | Social | Governance and Economic |
|---|---|---|
| The Company focuses on environmental sustainability by promoting natural resource conservation, efficient resource utilization, and energy management. It contributes to restoring, preventing, and reducing pollution, through waste and effluent management. The Company aims to mitigate the effects of global warming on business operations, extending to environmental assessments within the value chain. It fosters collaboration with the community for a good sustainable environment management and strictly complies with environmental laws. | The Company values and prioritizes human rights and nondiscriminatory practices across the Group. It emphasizes the equal and fair treatment of employees by adhering to labor law and employment ethics while promoting workplace health and safety, providing skill and knowledge development, and enhancing employee quality of life. The Company rejects all forms of corruption and upholds responsibility and accountability to customers and all groups of stakeholders. It maintains the integrity of customer data and privacy, ensuring customer data is not used for unauthorized purposes. The Company, under any circumstances, provides stakeholders access to technology and information fostering shared value creation between business sectors and society in ways that promote sustainable development and growth. | The Company adheres to good governance principles in accordance with its Corporate Governance Policy, Code of Business Conduct, and risk management principles, including those governing investment in new businesses, and in compliance with relevant laws and regulations. It actively combats corruption and bribery, ensures transparency and traceability, and supports fair trade. Furthermore, the Company endorses long-term value creation through technological innovations, process improvement, and evolving business models to meet customers and stakeholder demands. It also fosters collaboration with suppliers and business partners for sustainable growth. |