Biodiversity Conservation

Targets

%

of key raw materials sourced from deforestation-free areas.

rais

(3,200 hectares) of conservation, protection, and restoration of mangrove and watershed forests, and green areas within business operations (Thailand operation).

Performance

%

of key raw materials sourced from deforestation-free areas.

rais

(3,196 hectares) of conservation, protection, and restoration of mangrove and watershed forests, and green areas within business operations (Thailand operation).

Biodiversity Loss is one of the three global environmental crises, alongside climate change and pollution. The World Wildlife Fund (WWF) reports that between 1970 and 2016, global biodiversity has alarmingly declined.

Mammals, birds, reptiles, amphibians, and fish have decreased by up to two-thirds^*. During the 15^th Conference of the Parties to the Convention on Biological Diversity (CBD COP 15), the Kunming-Montreal Global Biodiversity Framework was endorsed. This framework serves as a roadmap for state and private sector policies for the conservation and sustainable use of biodiversity.

The Company has conducted its business under the Kunming-Montreal Framework, working to preserve biodiversity and ecosystems, control and prevent the invasion of alien species, avoid deforestation, and promote forest restoration. Additionally, the Company has set targets to source key raw materials that are deforestation-free to protect biodiversity and ecosystems throughout the supply chain.

*GCNT News, 14 October 2022, https://globalcompact-th.com/news/detail/1165

Management Approach

Biodiversity and Zero Deforestation Commitment

Setting targets against deforestation throughout the supply chain and conserving natural resources and ecosystems.

Biodiversity Impact Assessment

Evaluating the impacts and dependencies on natural resources throughout the supply chain, and screening biodiversity risks of the Company's operations to establish appropriate mitigation measures.

Determination of Mitigation Hierarchy

To manage biodiversity risks.

Building Collaborative Networks

Fostering partnerships to support the balance of natural resources, and collaborating with internal and external stakeholders in conserving and restoring terrestrial and marine biodiversity and ecosystems, while leveraging technology to enhance efficiency and support sustainable sourcing.

Biodiversity Conservation

Targets

Performance