Environmental Management
To safeguard environmental well-being, and achieve the commitment to operate on a principle of sustainable business operations, which takes social and environmental responsibility into consideration throughout the supply chain, BJC is guided by the corporatewide Environmental Policy, which continiously strives to identify and develop new initiatives to minimise negative operational impacts on surorunding environment and communities, and seeks to foster poitive impacts on climate change, society and the environment. The policy encourages BJC to integrate and comply with environmental management standard in accordance with applicable international and domestic standards, laws, and regulations as follow,
Environmental Risk Management
Through BJC's continued transition towards a sustainable operation, BJC have since incorporated environmental-related risk and opportunities, material environmental, social and governance (ESG) or sustainability risks assessment as one of the five key risk categories assessed quarterly, conducted with relevant internal and external business units. Results of the quarterly risk assessments are used by each relevant business units to develop and implement new ESG-oriented initiatives, developed to reduce negative impacts from operations. This also serves as a channel for BJC to train and inform employees about environmental management systems, increasing their capabilities and knowlegde about available environmental management systems. Furthermore, to safeguard that all information consolidated and disclosed publicly are accurate, relevant data are audited by applicable internal and external auditors at each facilities to assure that the data are accurate. Information consolidated through the internal and external audits are utilized by senior management of each respective business units to identify, develop and implement corrective and improvement strategies in order to stimulate continual improvements throughout the organization.
BJC Sustainability Taxonomy
A Taxonomy is a framework which provides a clear definitions of business activities, that can be considered benefitial to social and the environment. The framework may be legally enforced by relevant financial regulations within the company operating juridiction, or are voluntary framework the company has decided to comply with, enabling the company to set a common definition of economic activities which can be considered environmentally sustainable.
The European Union (EU) has published a sustainability taxonomy, outlining a number of economic activities that can be considered for the first two environmental objectives of BJC: Energy and Water, since these topics are viewed by management to be related to BJC's core activities. Since BJC operations is not within the scope of a sustainability taxonomy and a local taxonomy, specific for Thailand is not yet available (in development), BJC decided to voluntarily mapped alignment with the EU taxonomy, in order to prepare disclosure towards the incoming disclosure requirement.
Taxonomy Aggregate Mapping
Aggregate of Eligibility & Alignment | Revenue | Capital Expenditure | Operational Expenditure | |||
A. Total figures for BJC (B+C) | 163,601,073,747 | 100.00% | 6,479,000,000 | 100.00% | 4,689,696,000 | 100% |
B. Total which is Taxonomy Eligible | 114,520,751 | 0.07% | 40,053,178 | 0.62% | 173,363,992 | 3.70% |
i.Total which is Taxonomy Aligned | 114,520,751 | 0.07% | 3,440,349 | 0.05% | 141,778,889 | 3.02% |
C. Total which is Not Taxonomy Eligible | 163,486,552,995 | 99.93% | 6,438,946,822 | 99.38% | 4,516,332,007 | 96.30% |
Sustainability Day 2022
On the September 14 2022, BJC hosted the first annual internal Sustainability Day, at the BJC House headquarter in Bangkok, Thailand. Under the theme “Highway to Net Zero”, the Sustainability Day was attended by members of the Board of Directors, the Chief Executive Officer and President of BJC Group, Mr. Aswin Techajareonvikul, Mr. Tevin Vongvanich along with top senior executives and representatives of each supply chains and business units, and serves as a channel for representative of each supply chain to present, share, and discuss climate-related knowledge and implemented initiatives for the reporting year.
The event was well received by all participants, whom gain a better understanding and awareness about the need to transition BJC Group’s Operations towards sustainability, in addition to knowledge about implemented initiatives which contributed to BJC Group to be Net Zero by 2050.