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 |
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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 | ||
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Economic Dimension | Social Dimension | Environmental Dimension | ||
Good Health and Well Being |
Customers Employees Partners |
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Quality Education |
Customers Employees Partners Community |
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Clean Water and Sanitation |
Customers Partners Community |
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Decent Work and Economic Growth |
Shareholders Customers Employees Partners Community |
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Industry, innovation and infrastructure |
Customers Employees Partners |
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Sustainable Cities and Communities |
Customers Employees Partners Community |
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Responsible Consumption and Production |
Customers Employees Partners Community |
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Peace and Justice, Strong Institutions |
Customers Employees Partners Community Shareholders |
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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