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Our Performance

Tipco Asphalt Group is committed to maintaining and tracking the progress of the initiatives that address our material topics. To ensure our sustainability strategy aligns with greater global concerns, we are working towards aligning our initiatives with 10 of the 17 United Nations Sustainable Development Goals (SDGs) that are most relevant to our operations. The result outlines the SDGs that relate to our material topics and highlighting sustainable development goals.

Highlighting Sustainable Development Goals

Innovation Leader For 10x exponential economic growth

>12.5% sales increase due to innovation products (>25% sales increase from innovation products are projected by 2025)
(17.3% sales increase) based on sales of 3 new products, baseline year 2017
100%

>70% of green innovation projects (pertaining to 2019 innovation contest) are already implemented during 2020

(79% Impremented)
100%
(The 30% was reduced from 50% in 2019 report)  *The Covid-19 outbreak hindered those required working as a team with face-to-face interaction, and hence reduced the number of participants.
(20.3% staff participation) 256 participating employees out of 1,264 employees as-end 2020
68%

>85% satisfaction of participating employees

(84% satisfaction)
99%

Eco-Efficiency For a better world

>10% greenhouse gas emissions reduction target, compared to baseline year 2019 (>20% reduction target by 2025, encompassing Scoping 1,2 and 3)

(22% reduction)
100%
Zero Industrial Waste to landfill
(96% landfill)
96%

Zero environmental complaints from production and distribution

(0% case)
100%

Zero product spillage during road transportation

(0% spillage)
100%
5% reduction on water withdrawal, compared to 2019
(11% reduction)
100%

Safety Awareness For Safety “better safe than sorry”

Zero work fatality of employees and contractors

(22% reduction)
100%
Zero Lost Time Accident (LTA) (Time per one million work hours)
(96% landfill)
100%

Zero severe road accident during
transportation
(Time per one million distribution kilometer)

(0% case)
100%

Transparency and good corporate governance establish strong business foundation

Continuously receive “Excellence” rating on corporate governance report assessment
(CGR “5-stars, excellence rating)
100%

100% of the management and employees understand and acknowledge on the corporate

(100% acknowledgement)
100%

>85% overall customer satisfaction

(87.4% customer satisfaction)
100%

>85% community satisfaction to the
Group

(90% community satisfaction)
100%

Value For The Future - Employee development to be ready for new changes

<10% staff resignation rate

(5.38% resignation rate)
100%

Average training hour per employee >24hours per year

(24.66 hours)
100%

100% potential successor identified across all work positions

(95.24% of work positions with successors identified)
100%

Every employee (in Thailand) must participate in at least one innovation project 2021 target: 50%; 2025 target: 100% Total number of Thai registered employees: 649 people

(162 participating employees) 25%
50%

Results in 2020: SDG 3

Lost Time injury Severity Rate (LTISR) of employees

0

Time/Work Hour
Lost Time Injury Frequency Rate (LTIFR) of employees

0

Time/Work Hour
Lost Time Injury Frequency Rate (LTIFR) of outsourced distribution service providers

0

Time/Work Hour

Results in 2020: SDG 4

Lost Time injury Severity Rate (LTISR) of employees

36

Hours/People/Year
Total number of drivers attending Defensive Driving Course

136

People
Total number of employees attending Innovation Bootcamp course

77

People

Results in 2020: SDG 5

Ratio of female to male employees

0.43 : 1

Ratio of female to male
compensations

1.17 : 1

Percentage of female executive (M1 and above)

35.8

%

Results in 2020: SDG 6

Water consumption

48,770

Cubic Meter
Water withdrawal, as compared to baseline year 2019

23.6

%
Wastewater treatment and reuse

3,576

Cubic Meter

Results in 2020: SDG 7

Energy consumption

215,138

Gigajoules
Energy intensity

0.4

Gigajoules per production
Percentage of energy reduction, as compared to baseline year 2018

22

%

Results in 2020: SDG 8

Total investments in social / community
developments in SD/CSR projects 

11.5

Million Baht
Community satisfaction score to the Group

90

%
Staff turnover rate

5.4

%

Results in 2020: SDG 9

Work process cost reduction through innovation projects from the Innovation Contest

27.8

Million Baht
Work process time saving through innovation projects from the Innovation Contest (2,812 hours, using average salary at operational level as proxy)

1.4

Million Baht
New product sales from innovations, both existing reports from 2018-2019 including new products in 2020

2,978

Million Baht

Results in 2020: SDG 9

Total waste

461

Tons

Waste to landfill

47.2

Tons

Waste recycled or reused

413

Tons

Results in 2020: SDG 13

Greenhouse gas emissions (Scope 1 and 2

17,275

Ton CO2e
Greenhouse gas intensity (Scope 1 and 2)

0.03

Ton CO2e / Production
Reduction of greenhouse gas emissions, as compared to baseline year 2018

22

%

Results in 2020: SDG 16

Complaint on customer data privacy

0

Time
Complaint on environmental, social or corporate governance issue

0

Time
Customer complaints relating to products/services

1

Time