Sustainability

Delivering reports on social and environmental matters The report on Community on Progress is presented to UN Global Compact in advanced.

In addition to annual reports for shareholders, IRPC has conducted a sustainability report of 2014 applying GRI level 4. (Remarks; sustainability report of 2013 applying GRI level G3.1 Checked Level A). The report on Community on Progress is presented to UN Global Compact in advanced. The organization plans to conduct a report on Integrated CSR of 2014 - 2015, details on www.irpc.co.th. In 2015, the organization plans to further develop existing projects which were launched in 2014, adding value to stakeholders. The organization will have policy on long-term acquiring supplies by creating more demand in supplied chains among suppliers. The organization will estimate the suppliers’ risk tendency using the environmental & social impact. Suppliers’ regulated will be estimated considered by 4 factors.

  1. Expense Analyze
  2. ESG Risk ASSESSMENT of the suppliers to analyze the impact on sustainability of the organization for instance, underage labors and neglect banned substances products.
  3. Critical Analysis
  4. Generate Mitigation Measures by considered the risk assessment and analyze the importance of suppliers. The main measures consist of

    4.1 Critical Suppliers
    Critical Suppliers, classified as High Risk Tier 1. The suppliers must be examine annually by visiting the site and interviewing the managers and employees in order to ensure that the suppliers can maintain the rate of risk management preventing impacts on business, society and environment.

    4.2 Non-Critical Suppliers
    Non-Critical Suppliers; these suppliers must undergo CSV : Creating shared value – sustainable enterprise assessment. In order to become one of the suppliers to the organization, the suppliers must realize the awareness of environment, society and good govern culture are the beneficial factor for stakeholders which will ultimately lead to the sustainable enterprise.