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SUSTAINABILITY REPORT 2020 / 1 Frasers Property (Thailand) Public Company Limited

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SUSTAINABILITY REPORT 2020 / 1 Frasers Property (Thailand) Public Company Limited SUSTAINABILITY REPORT 2020 / 1 Frasers Property (Thailand) Public Company Limited Sustainability Report 2020 INCUBATE POSSIBILITIES HOME INDUSTRIAL COMMERCIAL SUSTAINABILITY REPORT 2020 / 3 About Report Background Property (Thailand) Public Company Limited which has been operating 2020 is the year that Frasers Property in Thailand including its subsidiaries (Thailand) Public Company Limited and other relevant companies in (FPT) has been changed significantly which the Company owns more by merging the Golden Land Property than half of the investments and Development Public Company possesses management authority Limited as an integral part of the in the business group of industrial Company. This is considered as the properties and other businesses. All complete application of international information of the remaining of the experiences in real estate business groups will be covered by development in Thailand. And it is a 2022. business milestone that will drive the organization to become Thailand’s Report Certification First Fully Integrated Real Platform in Thailand, covering residential, To ensure that the content of this industrial, and commercial properties. sustainability report is consistent with the issues that the Company The preparation of this sustainability and stakeholders of all sectors report is made on an annual basis. A considered as priority and to increase report is covered the period during the confidence of stakeholders that October 1, 2019 to September 30, the information disclosure is correct, 2020 to disclose the management adequate, and compliant with GRI process and business performance Standards. The Company therefore in the areas of economy, society, has provided an external assurance environment, and governance that for this report by the third party are key aspects of the Company and (expert) with the scope of the audit stakeholders in all sectors in the past of report certification which are year. This report has been prepared in covered the information of energy accordance with the Global Reporting and greenhouse gas emission of Initiative Standards (GRI Standards) businesses, including the statistics at the level of Core Option as well as on occupational health and safety. In additional indicators for the Company addition, the Company is continuously for the Property and Construction taking into account the expansion Disclosures. Meanwhile, the Company in the scope of report assurance also connects to the performance by the external audits in terms of according to the corporate strategy quantity for both significant issues in response to the United Nations and business operations in the next Sustainable Development Goals report. (SDGs) and criteria of sustainability assessment set by the Stock Exchange of Thailand (SET). Report Scope The 2020 performance has been included in this sustainability report, covering the operations of all business units under the Frasers Contact for information The Department of Risk Management, Corporate Governance, and Sustainability Frasers Property (Thailand) Public Company Limited 20th-23rd Floor, 944 Mitrtown Office Tower Rama 4 Road, Wangmai, Pathumwan, Bangkok 10330 Tel: 0 2483 0000 ext. 4374-4377 Email: [email protected] 8 / FRASERS PROPERTY THAILAND Mr. Chainoi Puankosoom Chairman of the Board SUSTAINABILITY REPORT 2020 / 9 Message from Chairman of the Board One of the top five real estate developer in Thailand In 2020, it was the year that the Company has become one In addition, the Company stock was also ranked in of the top five real estate developer in Thailand, covering 3 the Thailand Sustainability Investment (THSI) of the key property sectors: “Residential Properties”, “Industrial year 2020 by the Stock Exchange of Thailand. This Properties”, “Commercial and Hospitality”, together with reflects that the Company has focused on a sustainable the Digital business unit, comprising of Data Center and business development by taking into account the society, Building Automation System businesses which are under environment, and corporate governance (ESG) in the development and will commence commercial operations operational processes and the concept of sustainability by mid-2021. is applied as the foundation for business management and business conduct. This allows us to deliver a valuable In 2020, all companies around the world have faced the experience to customers and all groups of stakeholders. crisis from the COVID-19 pandemic, spreading quickly and The Company still continued the business conduct along being affected widely and severely worldwide. However, the with cares and restoration of key stakeholders of the Company still emphasizes the environmental conservation Company, namely business partners, suppliers, customers, and the efficient resource consumption in accordance with and society based on the principles of good governance. the principles of Circular Economy and Green Building This allows most of the stakeholders to be able to operate Standards both at national and international levels and also the business with the opportunity to grow their business introduced the concept of sustainability development to be together with the Company. applied with a corporate governance, integrated with the international sustainability development standards such Lastly, the Board of Directors of the Company and I would as the Global Reporting Initiative (GRI) Standards and the like to thank our stakeholders of all sectors for their trust United Nation Sustainable Development Goals (UNSDGs) and support to the Company continuously including the with a purpose to become a sustainable organization or a executives and employees of the Company who have company with zero greenhouse gas emissions or Zero Carbon contributed their best efforts, resulting in the great in the year 2050. As a result of the Company’s sustainability success in 2020. The Company is ready to become a model development performance in 2020, the Company has been organization for sustainability in Thailand. selected as one of the top twenty ESG emerging companies for the year 2020 by Thaipat Institute. Mr. Chainoi Puankosoom Chairman of the Board 10 / FRASERS PROPERTY THAILAND Message from Chairman of the Executive Committee A business milestone that has driven the organization to become Thailand’s First Fully Integrated Real Estate Platform, covering “Residential Properties”, “Industrial Properties” and “Commercial and Hospitality” Frasers Property (Thailand) Public Company Limited In 2020, the corporate sustainability development has considered the year 2020 as a year for the significant performance such as sustainability awards and changes. The Company has merged the Golden Land achievements are the pride of the Company. Details are as Property Development Public Company Limited as an follows: integral business part. This is fully the complete application of international experience in real estate development in • The Company has been selected as one of the top Thailand. It is also a business milestone that has driven the twenty ESG Emerging companies for the year 2020 by organization to become “Thailand’s First Fully Integrated Thaipat Institute. Real Estate Platform” , covering “Residential Properties”, • The Company has been selected by the Thailand “Industrial Properties”and “Commercial and Hospitality”. Greenhouse Gas Management Organization (TGO) and the World Bank to be a one of the top six companies to Amid the COVID-19 pandemic that has created an pilot the Carbon Pricing Project. uncertainty in business conduct, the Company therefore • The Company has been rated by the GRESB, the Global emphasized the importance of operational principles, ESG Benchmark for Real Assets, for the first year and considering all stakeholders to survive together. This led was ranked at A class which was the highest level the Company to be a part of the co-creation of sustainable in the Sustainability Disclosure Category of South- places where are secure and sustainable truly. eastern Asia’s Diversified Real Estate Companies. • The Company was ranked in Thailand Sustainability In addition, the Company has also developed the corporate Investment (THSI) 2020 for the first year. sustainability framework in order to ensure that every • The Company was evaluated in corporate governance working process of the Company was taking into account with a result of “Excellence” by The Thai Institute of the opportunities and risks, consisting of economic, Directors Association (IOD) and SET. environmental and social aspects as well as the care of the Company’s stakeholders in order to create a good experience Lastly, the Board of Directors of the Company and I would and impressions of products and services. The Company like to thank our stakeholders of all sectors for their trust also aimed to improve work efficiency through innovation and support to the Company continuously including the and technology leading to the goal of the Company’s executives and employees who have contributed their business growth along with environmental management, best efforts in sustainable development by taking into social care, and communities development surrounding the account our stakeholders in the sustainable growth of the Company’s project area in the sustainable ways as well as Company. the development of eco-friendly products and services such as eco-design, LEED, and so forth. Mr. Panote Sirivadhanabhakdi Chairman of the Executive Committee SUSTAINABILITY REPORT 2020 / 11 Mr. Panote Sirivadhanabhakdi Chairman
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