Sustainable Strategy and Operational Framework(2-22)
Guided by the organization’s vision, goals, and core values, the Sustainable Development Committee has defined and approved the Group’s sustainability strategy. This strategy provides a roadmap for operations, supporting the corporate sustainable development and contributing to the United Nations’ Sustainable Development Goals (SDGs), encompassing the Environmental, Social, and Governance and Economic dimensions of sustainability. Furthermore, this strategy is aligned with the Group’s material sustainability topics. To ensure the strategy most effectively addresses material sustainability topics for the Group and establishes a clear framework for both the Group and its subsidiaries, the strategy aims to drive continuous and sustainable business growth, cultivate positive experiences and relationships with all groups of stakeholders, generate positive impacts, and mitigate negative impacts on society and the environment across the Group’s value chain.
Sustainable Strategy of TTA Group
TTA will be the most trusted Asian investment group, consistently and constantly delivering an enhanced experience to all group of stakeholders towards sustainable development.
| Stability | Sustainability | Futuristic Investment |
|---|---|---|
| People | Planet | Prosperity |
| Environment | Social | Governance & Economic |
| Improve the efficiency of resource utilization and waste management to reduce environmental impact while complying with relevant laws and regulations and conducting internal monitoring and auditing to achieve the Group's sustainability goals. | Improve workplace safety management and elevate employee well-being, raising human rights awareness throughout the value chain, and cultivating talented employees through a learning culture to drive the organization towards a sustainable future. | Enhance the efficiency of risk management covering ESG factors and information technology by implementing innovation in supply chain to improve quality and safety along with introducing new products or services to increase customer satisfaction and reduce complaints. |
Support the Sustainable Development Goals (SDGs)
The Group is committed to developing a comprehensive sustainability strategy that is fully aligned with its core business strategy guidelines, encompassing Stability, Sustainability, Futuristic Investment, People, Planet, and Prosperity. This strategy is designed to drive long-term value creation and growth across all business sectors that may interact with the Group’s operations, including human resources, communities, society, natural resources, and environment. Furthermore, the Group is dedicated to conducting business according to good governance principles and managing stakeholder relationships in an integrated manner. This sustainability strategy will serve as a key tool for maximizing operational efficiency across all business groups.
Commitment to Sustainable Development (2-22)
The Group is committed to sustainable business growth and has set clear goals and commitments to enhance sustainability, creating added value for stakeholders, communities, society, and the environment throughout its value chain. This commitment is operationalized through a sustainability framework that aligns with the Group’s material sustainability topics (Materiality), covering environmental, social, and governance and economic dimensions. The Group has aligned its material sustainability topics with the United Nations’ Sustainable Development Goals (SDGs), recognizing 15 goals out of the 17 as relevant to its material sustainability topics. The Group intends to further develop its sustainability approaches in accordance with its established strategic framework and goals. Detailed information on operations related to material topics, including the Group’s future goals, is provided in the Group’s sustainability materiality table.
Since 2021, TTA has been a member of the Thailand Business Council for Sustainable Development (TBCSD), actively participating in driving the Thai business sector towards sustainable development at the national level. This includes promoting policies that balance social and environmental care and optimal resource utilization with equitable economic development across all sectors.
