ENVIRONMENTAL MANAGEMENT

The Company recognizes the importance of sustainable natural resource and energy management as a foundation for long-term business operations and for promoting the quality of life of society and the environment as a whole. The Company is committed to integrating ESG principles into its corporate strategy, with a focus on reducing environmental impact through efficient resource utilization, waste reduction, and greenhouse gas emission reduction. The Company has established measurable environmental targets and continuously monitors progress under the supervision of the Board of Directors.

The Company is committed to reducing both direct and indirect impacts from its operations by integrating environmental considerations into its corporate strategy through measurable short- and long-term targets. Efforts focus on the following three key areas:

  1. Energy Reduction and Efficiency Improvement
    The Company has replaced lighting systems and advertising displays with energy-efficient alternatives, such as LED lighting and upgraded media screens, to reduce long-term electricity and operational costs. A target has been set to reduce electricity consumption by at least 10% by 2030, compared to the 2021 baseline.
  2. Waste Reduction and Promotion of Reuse
    The Company promotes efficient resource utilization by emphasizing the “Reduce–Reuse–Recycle” approach. It has implemented projects to repurpose used vinyl advertising materials, such as producing bags or using them in community activities. The Company aims to achieve Zero Waste to Landfill by 2027, along with systematic waste separation in office and warehouse areas.
  3. Greenhouse Gas Emissions Reduction
    To address climate change, the Company has begun measuring and monitoring greenhouse gas (GHG) emissions under Scope 1 and Scope 2, and has set a target to reduce GHG emissions by no less than 15% by 2030, compared to the 2024 baseline year. This will be achieved through improved energy efficiency and a transition toward clean energy in the future.

In addition, the Company has defined the roles of the Board of Directors and C-level executives in overseeing environmental matters in a systematic manner to manage environmental risks and opportunities, including those related to climate change. This is to ensure that ESG approaches are effectively integrated into the corporate strategy.

Board of Directors
  • Appprove the strategic direction of the organization in addressing climate-related risks and opportunities, including the establishment of greenhouse gas (GHG) reduction targets
  • Review and endors the Company's environmental and climate risk management plan on an annual basis
  • Regularly monitor the implementation and progress of climate risk response measures
Risk Management Committee
  • Identify, analyze, and assess climate-related risks, including physical risks (e.g., natural disasters) and transition risks (e.g., environmental policies or regulations)
  • Evaluate the linkage between risks and business operations, and propose a risk management plan aligned with the corporate strategy
  • Monitor and review the level of climate risk, and recommend adaptation or mitigation measures to address potential impacts on key stakeholders
C-level Executives *
  • Implement climate risk management policies by integrating them into business planning, operations, and strategic decision-making
  • Support investments in GHG reduction projects, such as low-carbon technologies
  • Report progress and performance on climate risk management to the Board of Directors on a regular basis, and propose improvements in response to evolving circumstances and external requirements
Sustainability Committee
  • Propose and drive climate response initiatives, ensuring alignment with the corporate strategy and global trends
  • Oversee the implementation of climate impact mitigation measures by relevant departments and closely monitor performance
  • Consolidate and report data on carbon reduction and climate risk management activities to the Board of Directors

Long-Term Sustainability Target (2025-2030)

  • The Company has established a policy to continuously enhance energy efficiency, setting a corporate target to reduce electricity consumption per unit area by 10% by 2031, compared to the baseline year of 2021
  • To manage resources for maximum benefits, the Company reused and developed leftover vinyl or vinyl with expired customer contracts to design valuable items and increase benefits by 10% per year
  • Achieved the Zero Waste to Landfill goal by maximizing the reintegration of materials into the production process.

Short-Term Sustainability Target (2025)

  • The Company is committed to managing electricity consumption efficiently, particularly in common areas and air conditioning systems. It has set a target to reduce electricity usage by 5% in 2025, compared to the 2024 baseline.
  • Repurposed more than 25,000 square meters of used advertising materials annually for further beneficial use.
  • Promoted energy-saving behaviors among employees through training programs and internal awareness campaigns.

2024 Performance

  • Improved LED display systems from internal operations to broader societal impact. This included upgrades to 8,540 sq.m. of LED screens used in business operations, as well as the enhancement of 141 static advertising panels, covering a total area of 38,232 sq.m.
  • The Company implemented the Plan B x Coway initiative by providing personal water bottles to employees, aiming to reduce single-use plastic, minimize bottled water waste, and conserve resources. This reflects the Company’s commitment to a sustainable and eco-friendly workplace.
  • In 2024, the Company implemented the Care the Bear initiative to reduce greenhouse gas emissions, successfully achieving a total reduction of 7,321 kgCO₂e.

Enhancing Environmental Capabilities within the Organization

he Company places great importance on developing environmental knowledge and skills among employees at all levels. In 2024, the Company organized the training course “Environmental Management and Sustainability in the Organization” to strengthen awareness and understanding of environmentally friendly practices, with a total of 78 participants. The Company remains committed to building upon this foundation of knowledge and further developing training programs that align with its environmental policies, thereby enhancing employee capabilities and driving the business toward long-term sustainability.

In addition, the Company has encouraged employees to engage in continuous learning through the Skillane platform, which offers a wide range of courses on environmental topics. These courses cover the analysis and identification of key environmental issues, the assessment of material environmental topics relevant to business operations, as well as the formulation of environmental policies and key performance indicators (KPIs) that are accurate, appropriate, and consistent with the Company’s sustainability practices.

ENERGY AND CLIMATE CHANGE MANAGEMENT

The Company recognizes the growing urgency of global warming and climate change, which call for swift, collective action to cut greenhouse gas emissions in line with the Paris Agreement. In response, the Company emphasizes environmentally responsible operations and has developed a structured energy and emissions reduction strategy—covering policy, implementation, and performance tracking. This framework aligns with the Sustainable Development Goals (SDGs), GRI Standards, and the Company’s long-term goal of achieving Carbon Neutrality and Net Zero emissions.

Long-Term Sustainability Target (2025-2030)

  • The Company has set a target to reduce electricity consumption by at least 10% by 2030, compared to the 2021 baseline year, and to increase the adoption of energy-efficient and greenhouse gas-reducing technologies in advertising media across the country.
  • Established a Roadmap toward Net Zero by 2050, with defined short-term, medium-term, and long-term targets, supported by a clear framework for ongoing progress monitoring and regular performance reporting.

Short-Term Sustainability Target (2025)

  • Reduce electricity consumption from advertising media and office buildings by no less than 5%, compared to the 2024 baseline, through the implementation of LED lighting, improved lighting control systems, and the installation of energy-saving equipment
  • Reduce greenhouse gas emissions from the Company’s core activities by at least 5% by 2025.
  • Promote energy-saving behaviors among employees through training programs and internal awareness campaigns.

2024 Performance

  • The upgrade of LED displays, covering a total area of 8,540 square meters, contributed to a reduction of approximately 23.88 tCO₂e in greenhouse gas emissions.
  • The upgrade of 141 static advertising panels, covering a total area of 38,232 square meters, resulted in an estimated reduction of approximately 117.76 tCO₂e in greenhouse gas emissions.
  • Participated in the Care the Bear initiative to help drive societal change by reducing greenhouse gas emissions from internal corporate activities, achieving a total reduction of 7,320.88 kgCO₂e.

Projects for Reducing Energy Consumption during 2019-2024

  • Change the lighting system to LED lamps
    The government's policy on energy management of the country strongly promotes energy conservation according to the 20-year Energy Conservation Action Plan (2011-2030). In addition, it promotes the use of high-efficiency electrical appliances and energy-efficient buildings and clean energy development to reduce greenhouse gases and solve global warming problems
    The Company acknowledges these issues and aligns its actions with government policies across all fronts. For example, the Company has changed its light bulbs to LED, which have low energy consumption, high luminous efficiency, and absence of UV rays. This transition helps reduce global warming and electricity bills by more than 50% in 2022. Additionally, the Company changed 4,700 billboard lights from Metal Halide lamps to LED lamps, resulting in a reduction of electricity bills by THB 13,254,000 per year and greenhouse gas emissions by approximately 6,552 kgCO₂e per year.
  • Encouraged surrounding communities to reduce electricity consumption by donating LED Tube T8 light bulbs in 2023
  • - The Company donated 1,000 LED Tube T8 bulbs to the Kao Pattana community, replacing fluorescent bulbs with LED Tube T8 bulbs. This resulted in a reduction of greenhouse gas emissions by 54,400 kgCO₂e.
  • - The Company donated 300 Tube T8 bulbs to the Ruamrat Samakkhi School, replacing fluorescent bulbs with LED Tube T8 bulbs. This resulted in a reduction of greenhouse gas emissions by 16,323 kgCO₂e.
  • LED Display Improvements
    Given that the majority of the Company's operational assets consist of advertising billboards and signage, the Company has recognized the benefits of enhancing LED displays to decrease workforce and maintenance costs. Consequently, the improvement of these LED screens commenced in 2021, yielding the following results:
  • - In 2022, the upgrade of LED displays covering a total area of 1,375 square meters helped reduce fuel consumption for maintenance travel by approximately 100 liters per month, resulting in cost savings of approximately THB 159,600 per year in maintenance and fuel expenses, and a reduction of approximately 3.288 tons of CO₂ equivalent per year.
  • - In 2023, the upgrade of LED displays covering a total area of 5,246 square meters reduced manpower requirements for maintenance travel, lowering fuel consumption by approximately 300 liters per month, with cost savings of approximately THB 456,000 per year, and a reduction of approximately 9.88 tons of CO₂ equivalent per year.
  • - In 2024, the upgrade of LED displays covering a total area of 8,540 square meters further reduced the need for maintenance travel, lowering fuel consumption by approximately 725 liters per month, resulting in annual cost savings of approximately THB 974,400, and a reduction of approximately 23.88 tons of CO₂ equivalent per year.
  • Static Advertising Panel Upgrades
    In 2024, the Company upgraded 141 static advertising panels, covering a total area of 38,232 square meters. This initiative reduced fuel consumption for maintenance travel by approximately 1,000 liters per month, resulting in cost savings of approximately THB 5,203,200 per year for maintenance and fuel, and achieved a reduction of approximately 117.76 tons of CO₂ equivalent per year.

Energy Consumption Statistics

Energy Consumption Performance
2022
Performance
2023
Performance
2024
Target
2025
Target
Long-term

Total energy consumption (MWh)

48,701 74,361 67,451 <65,000 <60,000

Growth rate (%)

- +53.2 -9.6 - -

Total renewable energy consumption (MWh)

0 0 0 - -

Increase (decrease) (%)

- - - - -
Note: The company has moved its office to Plan B Tower since 2023

Project Related to the Reduction of Greenhouse Gas Emissions

  • Participated in the “Care the Bear: Change the Climate Change” initiative, which promotes carbon reduction from corporate activities such as business travel, meetings, and events.
  • Upgraded LED displays covering a total area of 8,540 square meters, which reduced the need for maintenance-related travel, saving approximately 725 liters of fuel per month, lowering maintenance and fuel costs by around THB 974,400 per year, and reducing greenhouse gas emissions by approximately 23.88 tons of CO₂ equivalent per year.
  • Upgraded 141 static advertising panels, with a combined area of 38,232 square meters, resulting in reduced fuel use for travel by approximately 1,000 liters per month, annual cost savings of approximately THB 5,203,200, and a greenhouse gas emissions reduction of around 117.76 tons of CO₂ equivalent per year.

Greenhouse Gas Emissions Statistics

Greenhouse Gas Emissions Performance
2022
Performance
2023
Performance
2024
Target
2025
Target
Long-term

Greenhouse gas emissions (tons CO₂)

24,563 38,157 34,692 < 31,000 < 29,000

- Direct GHG (Scope 1)

217 849 849 N/A N/A

- Indirect GHG from Energy Consumption (Scope 2)

24,346 37,308 33,719 N/A N/A

- Other Indirect GHG (Scope 3)

N/A N/A 124 N/A N/A
Note: The company has moved its office to Plan B Tower since 2023

Risk Assessment for Climate Change in 4 Aspects

Risks Details Impact Risk Management Approach
Strategic Risks
  • Ongoing climate change impacts, including greenhouse gas effects, rising temperatures, extreme weather conditions, and shortages of water and raw materials
  • Shifts in target audiences or consumer behavior, with increasing preference for ESG-focused brands
  • Damage to the Company's billboards
  • Electricity cost and performance
  • Reputation risk if the Company's billboards used by client brands are damaged by climate change
  • Develop energy-efficient advertising media innovations
  • Communicate the Company’s environmental and ESG commitments transparently to stakeholders
  • Adapt corporate strategic plans to align with Net Zero goals
Operational Risks
  • Physical impacts, both acute and chronic, from climate change such as floods and droughts; unpredictable climate conditions and rising temperatures may cause damage to media infrastructure
  • Challenges in installing or maintaining advertising media in areas vulnerable to natural disasters
  • Service disruptions in disaster-affected areas
  • Delay in construction or installation of billboards within the specified period
  • Product management processes such as maintenance planning for damaged billboards
  • Shortage of personnel
  • Repair costs for damaged advertising media
  • Revenue loss due to business disruption
  • Potential customer dissatisfaction
  • Regularly assess risk and quality of advertising media
  • Establish a Business Continuity Plan (BCP)
  • Implement real-time monitoring technologies or systems to detect potential disasters affecting out-of-home advertising media
Financial Risks
  • Changing customer and consumer behavior/preferences, with increasing awareness of climate change
  • Rising operational and maintenance costs due to climate-related impacts
  • Reduction in operating revenue
  • Increase in operational expenses
  • Utilize energy-efficient systems or technologies to reduce long-term operational costs
Compliance Risks
  • Risk from changes in climate-related government policies and regulations, including potential non-compliance with laws, contracts, or regulatory requirements
  • The increased cost of modifying various devices within the organization to save electricity costs and reduce greenhouse gas emissions
  • Regularly monitor regulatory and policy developments
  • Provide employee training on environmental laws and related compliance practices
Opportunities Details Impact Opportunities Management Approach
Products and Services
  • Increase the proportion of products and services that support greenhouse gas emission reduction and are environmentally friendly, particularly for selected product categories
  • Innovation in the production of billboards and services
  • Enhance the Company's reputation from its billboards or services that promote the reduction of greenhouse gas emissions
  • Promote environmentally friendly advertising media innovations
  • Assess the environmental impact of new advertising media prior to implementation
Market
  • Enhance competitiveness and develop market channels that provide an advantage in relation to climate change-related opportunities
  • Channels for advertising the service that reaches the audience fast
  • Closely monitor market demand trends related to environmental issues and analyze consumer behavior
WATER MANAGEMENT

Long-Term Sustainability Target (2025–2030)

  • The Company is committed to reducing overall water consumption by 10% by 2031 to support environmental sustainability and mitigate the long-term risk of water scarcity across various sectors
  • No incidents of water leakage or loss exceeding defined thresholds across all operational areas
  • Regular maintenance of water systems and consistent quality monitoring

Short-Term Sustainability Target (2025)

  • The Company has set a target to reduce water consumption from operations by 5–10% by 2024, compared to the 2021 baseline
  • Enhance the accuracy of water usage measurement and monitoring systems

2024 Performance

  • The Company’s total water consumption decreased by approximately 1% from the previous year, reaching 492 cubic meters
  • The water usage per employee ratio declined to 0.48, down from 0.51 in 2023

Water Management Approach

The Company has implemented the following measures to enhance the efficiency and quality of water usage in accordance with its defined approach:

  • Improving Water Efficiency: Enhance operational processes to maximize water-use efficiency, including monitoring and controlling key water usage points, installing water-saving devices, and setting internal water use standards for various organizational activities to reduce unnecessary water loss.
  • Water Reuse: Collect wastewater from production or service processes and treat it through a standardized system. Recycled water is then reused in non-potable activities, such as floor cleaning or equipment washing, to reduce reliance on natural water sources.
  • Responsible Wastewater Management: Continuously monitor and control the quality of wastewater to ensure compliance with legal standards before discharging it into public water bodies, in order to prevent adverse impacts on ecosystems and nearby communities.
  • Water Risk Assessment and Management: Monitor risks related to climate change and water scarcity trends, while developing preventive and adaptive measures to ensure business continuity under challenging conditions.
  • Awareness and Engagement: Promote water conservation awareness among employees through training programs and internal campaigns, encouraging responsible water use at all levels of operation.

Water Efficiency Promotion Measures

In 2024, the Company adopted a structured water management approach based on Water Stewardship principles, reinforcing its commitment to social and environmental responsibility and minimizing impacts on surrounding communities and ecosystems.

The Company has implemented a comprehensive water management strategy encompassing the entire process—from water usage in internal operations to wastewater treatment, quality control, and final discharge into public water sources. Wastewater quality is strictly monitored by accredited third-party laboratories registered with the Department of Industrial Works (DIW) and certified under GLP/DIW standards, ensuring full compliance with environmental regulations. To further improve water efficiency, the Company has introduced the following initiatives and measures:

  • Regular maintenance plans for water-related equipment to reduce the risk of malfunction and improve water-use efficiency within the organization
  • Replacement of conventional handwash faucets with sensor taps, helping to reduce unnecessary water usage
  • Awareness campaigns to foster a water conservation mindset among employees
  • Exploration and use of rainwater harvesting systems for alternative purposes such as plant irrigation

Water Consumption Statistics

Water Consumption Performance
2022
Performance
2023
Performance
2024
Target
2025
Target
Long-term

Water consumption (m3)

360 493 492 480 450

Increase (decrease) (%)

-21% +37% -1% - -
Note: The company has moved its office to Plan B Tower since 2023
WASTE MANAGEMENT

The Company recognizes its responsibility toward the environment, local communities, and society at every stage of its business operations, particularly in the area of waste management, which is considered a key sustainability issue with both direct and indirect implications for the Company’s business. From a business perspective, the lack of proper waste management may lead to:

  • Legal risks and non-compliance with environmental regulations
  • Damage to the Company’s reputation
  • Increased long-term operational costs
  • Loss of business opportunities from partners that prioritize sustainable development

From a qualitative perspective, the Company places strong emphasis on the efficient management of various types of waste, particularly advertising materials such as used vinyl, which can cause environmental pollution if not properly disposed of. The Company operates under the principles of the Circular Economy, with a focus on the “3Rs” — Reduce, Reuse, and Recycle. The Company is also committed to developing innovations that extend the lifespan of materials and enhance the value of waste, such as transforming used vinyl into bags, fabric totes, or community decorative items. These initiatives not only help reduce the volume of waste, but also promote social initiatives and generate income for local communities.

Quantitatively, the Company achieved the following:

  • Reduced use of new vinyl materials by over 15% through efficient production planning and material reuse
  • Recycled more than 12 tons of used advertising materials , equivalent to a reduction of approximately 18 tCO₂e in greenhouse gas emissions
  • Separated over 3 tons of general office waste, which was properly handled by local authorities, with recyclable materials reintegrated into the circular economy system

In addition, the Company has installed segregated waste bins across its headquarters and warehouse facilities to ensure proper waste sorting. It also manages hazardous and organic waste in compliance with Bangkok Metropolitan Administration regulations. Furthermore, the Company is exploring the potential of converting organic waste into biogas in the future, as part of its efforts to enhance resource efficiency and circular waste utilization.

This systematic and continuous waste management approach not only helps mitigate environmental impacts, but also enhances the Company’s image as a socially responsible organization, thereby strengthening stakeholder confidence over the long term.

Long-Term Sustainability Target (2025-2030)

  • Waste management within the Company is carried out under the “Zero Waste to Landfill” approach, with the objective of reintegrating as much waste as possible back into the production process
  • Over 25,000 sq.m. of used advertising materials are repurposed annually

Short-Term Sustainability Target (2025)

  • Repurpose expired or surplus vinyl materials from client campaigns for further beneficial use
  • Install waste separation points at source across all major office areas

2024 Performance

  • In 2024, the Company donated 23,688 square meters of used vinyl materials to various organizations and private entities, reducing greenhouse gas emissions by 137.27 tons of CO₂e and saving approximately THB 118,340 annually in waste disposal costs.
  • The total volume of internal waste generated by the Company was 14 tons
  • Damaged or outdated billboards are disposed of through BMA agencies.

Project Related to Waste Management

  • Waste Sorting
    The Company is aware of the impact on the environment and the ecosystem, so it has launched a campaign to promote waste sorting to help reduce the amount of waste and reduce toxic pollution. The Company has installed garbage bins for sorting waste at the head office, Rama 9 office and warehouses to sort general and toxic waste for collection by the Bangkok Metropolitan Administration. The Company also sells recyclable wastes to reduce overall waste. By this, organic waste can be turned into fuel or biogas, while hazardous waste can be better controlled regarding safety.
  • Zero Waste Process – Reduction of Energy Used for the Disposal of Old Vinyl Advertising Billboards
    The Company has adopted a policy to reduce the disposal of vinyl advertising materials through landfilling or incineration, and instead focuses on “upcycling for value creation.” Through collaborations with various agencies and communities, the Company has implemented projects that promote sustainable livelihoods and social benefits. In 2024, a total of 23,688 square meters of vinyl materials were donated, resulting in a reduction of greenhouse gas emissions by 137.27 tons of CO₂e and waste disposal cost savings of over THB 118,340 per year. The details are as follows:
  1. Nonthaburi Home for the Destitute
    The Company donated 6,817 square meters of unused vinyl to be repurposed into bags and to support skill development for individuals residing in the Nonthaburi Home for the Destitute.
  2. Thung Setthi Community Enterprise, Khon Kaen Province
    The Company donated 1,276 square meters of unused vinyl to be upcycled into bags, providing income and livelihood opportunities for the local community. Additionally, Thung Setthi Community Enterprise participated in producing costumes made from upcycled vinyl for contestants in the regional round of Miss Universe Thailand 2024.
  3. Srinakharinwirot University
    The Company provided 1,440 square meters of unused vinyl for students to design, upcycle, and develop innovative products, as part of academic and creative development programs.
  4. Pa Pao Thong Village, Ban Dung District, Udon Thani Province
    A total of 12,507 square meters of unused vinyl was donated for agricultural use, such as drying rice or covering straw after harvest, supporting practical needs in local farming.
  5. Others
    The Company donated an additional 1,630 square meters of unused vinyl to various organizations and communities for reuse and social benefit.

Volume of Used Vinyl Repurposed for Value Creation

Used Billboard Vinyl 2019 2020 2021-22 2023 2024

Used Billboard Vinyl (sq.m.)

14.499 13,239 5,036 18,858 23,688

Weight of Used Billboard Vinyl (tons)

7.25 6.62 2.52 9.30 11.83

Future Waste Management Plan: Zero Waste to Landfill

The Company recognizes the importance of sustainable waste management, particularly the long-term impacts on the environment, local communities, and ecosystems. To address these concerns, the Company plans to implement a Zero Waste to Landfill initiative aimed at maximizing waste utilization and minimizing the volume of waste sent to landfills. As part of this initiative, the Company will establish a comprehensive waste management system, with predefined waste categories and corresponding disposal methods as follows:

  • Recyclable Waste such as plastic bottles, aluminum cans, and packaging will be sorted and sent to specialized recycling partners to be reintegrated into the production cycle.
  • Used Paper will be collected and delivered to certified recyclers for processing into new paper products, thereby reducing the consumption of natural resources.
  • Organic Waste such as food scraps, leaves, and coffee grounds will be processed in collaboration with partner networks into organic fertilizer or renewable energy in the next phase of implementation.
  • Hazardous Waste such as light bulbs, batteries, and ink cartridges will be separated and disposed of through certified service providers, authorized by the Department of Industrial Works, to prevent pollution and environmental risks.

Implementation Support Plan and Project Goals

  • Reduce the volume of waste sent to landfill to zero at all primary operational sites
  • Install waste separation points at source within office areas and equipment storage facilities
  • Conduct employee training to promote understanding and adoption of the 3Rs (Reduce, Reuse, Recycle) principles

Amount of Waste Statistics

Amount of Waste Performance
2022
Performance
2023
Performance
2024
Target
2025
Target
Long-term

Amount of Waste (tons)

N/A 14 14 10 10

Increase (decrease) (%)

- - - -

- Non-hazardous waste (tons)

N/A 14 14 10 10

- Hazardous waste (tons)

N/A - - - -

Amount of Waste Generated from Advertising Media Production

Waste Generated from Production Performance
2022
Performance
2023
Performance
2024
Target
2025
Target
Long-term

Amount of Waste (tons)

279,010 602,741 649,917 <620,000 <600,000

Increase (decrease) (%)

- 116.03 7.83 - -
Environmental Management Policy (1st Revision)