Driving Business For Sustainability

Origin Property Public Company Limited operated its business in accordance with the sustainable development guidelines of the Stock Exchange of Thailand, whether in the environmental, social or corporate governance dimensions in order to develop and deliver quality products with good services that meet the needs of customers as well as developing the organization for sustainable growth under the corporate governance code with responsibility to society and all stakeholders

Policy and Sustainability Management Goals

The Company’s sustainable development policy was established on the basis of vision, mission, and a comprehensive business strategy in the areas of economy, society, and environment in order to have sustainable management guidelines for business development and be able to respond to the expectations of all stakeholders in all business processes. The Company established sustainability policies and practice guidelines with the following essence:

  • Determined to be a real estate development company with sustainable growth under the corporate governance code and operates business in accordance with the good corporate governance principles.
  • Aimed to develop all business processes with responsibility to society and the environment through cost effective resource management and effectively managing social and environmental impact.
  • Aimed to improve engagement with stakeholders in all sectors by taking into account the principles of human rights in accordance with sustainable development guidelines.

The Company sets sustainable goals that cover the economy, society and the environment until 2022 as an operating guideline to be in accordance with business strategies and respond to the expectations of stakeholders with equilibrium. This is as follows:

Origin Core Value Sustainability Goal 2022 Operation
Optimize Projects delivered to customers were certified with quality standards for construction Customers rate the quality of the projects higher than the average score set by the Company.
Responsive Manage and assess risk to be at an acceptable level. Assess critical risk in the economic, social, and environmental dimensions related to the business operations and review them at least once a year or when changes significantly impact the Company’s operations.
Innovation Develop innovations that support the proper utilization of resources at a minimum of 5% (compared to 2020). Properly utilize resources and use renewable energy to help reduce greenhouse gas emissions.
Growth Develop personnel in accordance with the personal development plan. Employees have a minimum of 6 hours of training per person.
Integrity Employees comply with the Code of Business Conduct. Employees at every level comply with Code of Business Conduct. The Company does not receive any complaints regarding the Code of Business Conduct.
Neat Projects are certified with environmental standards. Consider the social and environmental impact. Design projects to reduce energy consumption.
Service Excellence Customer satisfaction increases annually More compliments, less complaints.
Teamwork Employee commitment rate increases every year. Annually evaluate the commitment of employees Have lower turnover rates every year

Sustainable Development Guidelines

The Company applied the United Nations Sustainable Development Goals (UN SDGs) to the vision, mission and corporate values as a guideline in defining the scope of the main sustainability issues. This
is a part of the strategy formulation that develops the organization towards the 3 dimensions of sustainable development goals. They are the economic, social and environmental dimensions.

Sustainable Development Goals Stakeholders Sustainable Development Approach
Economic Dimension Social Dimension Environmental Dimension
Good Health and Well Being
Customers Employees Partners
  • Maintain occupational health and the safety of employees and workers.
  • Create designs by considering the quality of life and safety of residents.
Quality Education
Customers Employees Partners Community
  • Organize human resource development and employee training.
  • Support educational opportunities for disadvantaged
Clean Water and Sanitation
Customers Partners Community
  • Environmental Resource Management.
Decent Work and
Economic Growth
Shareholders Customers Employees Partners Community
  • Promote employ ment and fair remuneration
  • Remunerate from the Company’s growth.
Industry, innovation and infrastructure
Customers Employees Partners
  • Develop products, services and innovations.
  • Use environmentally friendly resources.
Sustainable Cities and Communities
Customers Employees Partners Community
  • Develop projects with green areas for the community.
  • Develop sustainable communities and society.
  • Pollution and waste management in the community.
Responsible Consumption and
Customers Employees Partners Community
  • Procurement
  • Value Chain Management
Peace and Justice,
Strong Institutions
Customers Employees Partners Community Shareholders
  • Anti - Corruption.
  • Fair and Equitable Treatment.

Significant Sustainability Issues

The Company collects and defines sustainability issues related to business operations and considers the context of stakeholders’ engagement. The Company assesses possible risk that may affect the business by using survey results to analyze and prioritize the importance of sustainable development issues.

Assessment Processes for Significant Sustainability Issues

Step 1: Identification of Significant Sustainability Issues

Use the GRI International Standard Report framework to consider issues related to the nature of real estate business and the Company’s construction, as well as issues with each stakeholder group related to the Company.

Step 2: Prioritization

Identify significant sustainability issues with stakeholders and prioritize issues based on the issues that affect the operations of the Company.

Step 3: Verification Issues

Propose the prioritized significant issues to the Sustainability Committee and the Company’s senior executives, in order to verify that the stakeholders’ significant issues are credible and can be used as an operating guideline for the sustainability of the organization.

Step 4: Review

Continually review the content of the sustainability report after the information has been disclosed in order to review the appropriateness of the disclosed content, update policies and issues that are significant to the sustainable development of the organization

Significant Sustainability Issues