CHEWATHAI PLC. 1168/80 Lumpini Tower, 27th Floor, Unit D, Rama IV Rd., Tungmahamek, Sathorn, Bangkok 10120 Tel 66 (0) 2679-8870-4 Fax 66 (0) 679-8875 www.chewathai.com Call Center 1260 CHEWATHAIPLC chewathaiplc @chewathai @chewathaiplc SUSTAINABILITY REPORT 2019 2 SD REPORT 2019 VISION (Disclosure 102-16) CHEWATHAI aspires to be the preferred choice in real estate by relentlessly enhancing its products and services to transcend customers’ satisfaction. MISSION 1. Life-partnerships with customers 2. Invest continuously in its human capital 3. Foster resilient bonds with business associates 4. Embrace utmost responsibility towards its community & environment CHEWATHAI PLC. 3 CONTENTS 1. Vision and Mission 2 2. The Board of Directors 4 3. Message from Chairman of Corporate Governance Committee 5 4. Message from Managing Director 6 5. Value Proposition 7 6. Organizational Profile 8 Group of the company structure 8 Product and Service 9 Organization Structure 17 Value Chain 18 7. Impact, Risk, Opportunities 19 8. Corporate Sustainability Management 20 Economic Growth 20 SD Framework 21 Corporate Governance 22 Stakeholder 23 Materiality 24 SD Strategy and Initiatives 24 Social Sustainability 25 Environmental Sustainability 29 9. Leadership Message 30 10. CSR in practice, Ban Pa Lao School Project 33 11. About this Report 36 GRI Content Index 36 4 SD REPORT 2019 THE BOARD OF DIRECTORS(Disclosure 102-22, 102-26) Mr. Chartchai Panichewa Mr. Boon Choon Kiat, CFA, CPA • Chairman of the board of Directors • Director • Chairman of the Executive Committee • Executive Director • The Authorized director of the Company • Member of the Corporate Governance Committee • Member of the Risk Management Committee • Managing Director • The Authorized director of the Company Mrs. Somhatai Panichewa Mrs. Supaporn Burapakusolsri Pol.Lt.Gen. Visanu Prasattongosoth • Director • Independent Director • Independent Director • Executive Director • Chairman of the Audit Committee • Chairman of the Nomination and • The Authorized director of the Company • Member of Nomination Remuneration Committee and Remuneration Committee • Member of Corporate Governance Committee • Chairman of the Risk Management Committee Mr. Chaiyut Techatassanasoontorn Mr. Phinij Harnphanich • Independent Director • Independent Director • Member of Audit Committee • Member of the Audit Committee • Member of Nomination and Remuneration Committee • Chairman of the Corporate Governance Committee • Member of the Risk Management Committee CHEWATHAI PLC. 5 MESSAGE FROM CHAIRMAN OF CORPORATE GOVERNANCE COMMITTEE (Disclosure 102-14) Chewathai Public Company Limited places importance on Corporate Social Responsibility (CSR) and Sustainable Development (SD) together with business operations for business goals and creating maximum wealth to shareholders Chewathai Public Company Limited places importance on Corporate Social Responsibility (CSR) and Sustainable Development (SD) together with business operations for business goals and creating maximum wealth to shareholders under the framework of corporate governance by concentrating on creating the balance to occur at the same time. The company has a process that focuses on creating value for both the company’s aspect and all interested parties’ aspect, including paying attention to impact management due to the company’s business operations, which will affect people, society, environment in some ways. They may affect both the positive and/or the negative either due to intentional or unintentional actions. The year 2019 is the year of foundation for the company’s operations in order to create social responsibility for sustainability in the future. (Mr. Chaiyut Techatassanasoontorn) Chairman of Corporate Governance Committee 6 SD REPORT 2019 MESSAGE FROM MANAGING DIRECTOR (Disclosure 102-10, 102-14) Corporate Governance Committee (Disclosure 102-22, 102-26) Mr. Chaiyut Techatassanasoontorn Chairman of Corporate Governance Committee Mrs. Supaporn Burapakusolsri Corporate Governance Committee Mr. Boon Choon Kiat, CFA, CPA Corporate Governance Committee and Managing Director Chewathai Public Company Limited has entered (2) Use of innovation in new forms of technology to the 11th year of being a property development company respond to the changes of the world. for residential projects, such as condominiums, houses, (3) Management of production resources including supply townhouses, homes, offices and factories for rent, which chain integration in order to cooperate throughout have quality and meet all levels of needs, especially in the supply chain, especially in terms of environment, the year 2019, the company continued to expand the the company has become aware of issues related to development of the townhome projects and expand the the conservation of the world or the protection of the market to increase the home office projects to support the environment. various needs of customers and consumers. (4) Create participation of stakeholders of all sides by Changing the process for sustainable development focusing on excellent services in order to create value in order to create a balance in 3 dimensions which are in the eyes of customers so that become loyal to the (1) the economic dimension for the diversity of product brand (Customer Loyalty), concern on the importance development, responding to the needs of customers to be of business partners to create mutual value (Shared able to increase competitiveness and grow sustainably, Value), manage costs most efficiently together, (2) social dimension in order to create a quality of life for including communication with the communities to the people in the society and promote happiness or better jointly establish clear guidelines for maintaining and mental health, (3) the company tries its best to use various promoting good relationships. resources for the most efficiency and control the impacts (5) Strategic planning to deal with various measures on the environment to a minimum. related and the challenges of economic conditions during the year 2019, all of which the company saw The company pays attention to critical issues that as the important things and adjusted the process for have an all-round impact, as seen by both internal and continuous improvement throughout the year 2019 external stakeholders, as follows: (1) Continuously develop personnel capability because employees are ones of the most important resources (Mr. Boon Choon Kiat) of the company. Managing Director CHEWATHAI PLC. 7 VALUE PROPOSITION (Disclosure 102-16) BUILD A LIFE Build a life with top convenience living. Located in a desirable location with an international standard of constructions completed with professional teams that are ready to welcome every Chewathai residents. 8 SD REPORT 2019 HEAD OFFICE (Disclosure 102-1, 102-2, 102-3, 102-12) Company Name : Chewathai Public Company Limited Main Symbol : CHEWA Business Type : Property Registration No. : 0107558000181 Registered and Paid-up Capital : THB 1,275,027,883 with a par value of THB 1.00 Head Office : 1168/80 Lumpini Tower 27th Floor., Unit D, Rama IV Road, Tungmahamek Sub-District, Sathorn, Bangkok 10120, Thailand Telephone : (02) 679 8870 - 4 Facimile : (02) 679 8875 Website : www.chewathai.com Chewathai Call Center : 1260 Company’s Secretary : Ms. Chanitsara Yingnork Telephone (02) 679 8870 - 4 ext. 163 Email : [email protected] Investor Relations : Ms. Jitraporn Yakae Telephone (02) 679 8870 - 4 ext. 137 Email : [email protected] GROUP OF THE COMPANY STRUCTURE (Disclosure 102-5) Chewathai Public Company Limited 100% 50% 70% 25% Chewathai Chewathai Chewa Kamala Interchange Hup Soon Heart Senior Living Company Limited Company Limited Company Limited Company Limited 100% Chewathai Home Offices Ltd. CHEWATHAI PLC. 9 NATURE OF BUSINESS OPERATION AND PRODUCTS (Disclosure 102-2, 102-4) Chewathai Public Company Limited and its subsidiaries operate the business in a manner of 2 main business groups including the residential real estate development and ready-built factory for rent. 1. Residential Real Estate Development 1.1 Condominium Project Development CHEWATHAI RESIDENCE CHEWATHAI CHEWATHAI HALLMARK SERIES SERIES SERIES Condominium Project Development are as follows: Project Name Chewathai Ratchprarop Developer Chewathai Public Company Limited Location Ratchaparop Rd., Makkasan Sub -District, Ratchathewi District, Bangkok. Project Land Area 2-0-90 Rai Sellable Area 17,093 sq.m. Project Type A high-rise (26-storey) condominium building Project Value 1,350 million THB Total Units 325 units Construction progress 100% Sales progress 100% Project Name The Surawong Developer Chewathai Hup Soon Co.,Ltd. Location Surawong Rd., Si Phraya Sub – District, Bang Rak District, Bangkok. Project Land Area 0-2-40 Rai Sellable Area 2,774 sq.m. Project Type A low-rise (8-storey) condominium build-ing Project Value 350 million THB Total Units 52 units Construction progress 100% Sales progress 100% 10 SD REPORT 2019 Project Name Chewathai Ramkhamhaeng Developer Chewathai Public Company Limited Location Ramkhamhaeng Rd., Hua Mak Sub - District, Bang Kapi District, Bangkok. Project Land Area 3-3-32 Rai Sellable Area 17,054 sq.m. Project Type A high-rise (33-storey) condominium building Project Value 1,100 million THB Total Units 535 units Construction progress 100% Sales progress 100% Project Name Chewathai Interchange Developer Chewathai Interchange Co.,Ltd. Location Pracharaj sai 2 Rd., Bangsue Sub-District/ District, Bangkok. Project Land Area 1-3-12.5 Rai Sellable Area 10,353 sq.m. Project