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Chodthanawat a Business Leader Driven by ESG for a Sustainable Future

DATE : 22 May 2025
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          Amidst global economic fluctuations, Chodthanawat Company Limited reaffirms its role as a business leader committed to sustainable development by seriously promoting its ESG (Environmental, Social, Governance) policies. This reflects a broad vision and readiness to adapt, building a stable foundation for long-term growth.

 

What is ESG?

          ESG is a business operation concept that integrates three main factors:

  • E - Environmental : Emphasizing the management of natural resources and environmental impact.
  • S - Social : Fairly and responsibly caring for employees, communities, and stakeholders.
  • G - Governance : Managing the organization with transparency, ethics, and accountability.

This approach focuses not just on financial profits but on sustainable value in all dimensions.

 

Why is ESG a Crucial Strategy for Modern Businesses?

          In an era where consumers, investors, and business partners prioritize organizational transparency, accountability, and ethics, a clear ESG approach is not just an option but a necessity. Key reasons include:

  • Enhancing Image and Credibility : Organizations that prioritize ESG gain the trust of all stakeholder groups.
  • Reducing Long-Term Costs : Efficient resource utilization, such as energy saving and waste reduction, sustainably lowers expenses.
  • Attracting Investors and Partners : Modern investors seek businesses with sustainable growth potential, and partners focus on collaborating with organizations that share the same vision.
  • Aligning with Laws and International Standards : ESG readiness helps businesses adapt more easily to new requirements and regulations.
  • Building Employee and Social Engagement : Caring for employees and communities fosters pride and promotes positive relationships all around.

 

Chodthanawat and ESG Implementation

          Chodthanawat Company Limited recognizes that operating under ESG principles is laying a stable foundation for long-term growth and readiness to adapt to global changes in all dimensions. They have concretely applied the ESG approach in every aspect

1. Environmental Focus : Committed to reducing environmental impact and sustainable resource use.

  • Energy-efficient building design : Installing thermal insulation, increasing natural light use, and installing solar cells on warehouses.
  • Water and waste management : Installing wastewater treatment systems and promoting recycling in projects.
  • Developing Green Buildings : Aiming for LEED or TREES standards for new projects.
  • Carbon emission reduction : Tree planting around projects and promoting the use of electric vehicles within the area.

2. Social Focus : Emphasizing care for employees, communities, and stakeholders.

  • Workplace safety : Establishing strict safety standards in factory and warehouse areas.
  • Community development around projects : Supporting local occupations and continuously organizing social responsibility (CSR) activities.
  • Employee welfare : Promoting health and creating work-life balance.
  • Listening to stakeholder voices : Conducting tenant satisfaction surveys and having clear complaint channels.

3. Governance Focus : Adhering to transparent, ethical, and accountable management.

  • Clear governance policies : Having organizational ethics and strong anti-corruption policies.
  • Financial transparency : Accurate, auditable, and standard-compliant financial reporting.
  • Risk management : Comprehensive plans to handle disasters and economic fluctuations.
  • Supplier and contractor evaluation system : Regularly reviewing partners for ethics and sustainable operations.

 

          Operating a business under ESG principles is not just "a good thing to do," but "a necessary thing to do" to create a better future for both the organization and the world.

          Chodthanawat is confident that upholding the ESG approach will enable the business to grow sustainably and truly contribute to the betterment of society and the environment.