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Sustainability at a Glance

Sustainability at a Glance

STECON GROUP and Sino-Thai Group work together with the community, society, and take responsibility for the environment to achieve sustainable growth.
Mr. Pakpoom Srichamni
Group Chief Executive Officer / President
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Framework and Policies on Sustainability

Stecon Group Public Company Limited and its subsidiaries conduct business with a strong commitment to sustainable business development, emphasizing the creation of value towards Economy, Society, Environment, and Good Corporate Governance. This is in support of the company's vision and mission. Therefore, the company has established a sustainable business development policy that considers good corporate governance, social responsibility, and environmental stewardship, in line with international standards and as mandated by the Securities and Exchange Commission and the Stock Exchange of Thailand

Sustainable Business Development Policy
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Economy
The company's key economic objective is to generate suitable and sustainable returns or profits from its operations by fostering growth in its existing business and seeking opportunities in new business ventures (New Business).
Good Corporate Governance
The company places great importance on conducting business fairly, transparently, and verifiably. It complies with ethical principles and considers the interests of its stakeholders, including shareholders. The company manages risks appropriately, develops innovations to enhance its capabilities, and is committed to sustainable and stable growth through good corporate governance policies and related practices as outlined by the Securities and Exchange Commission and the Stock Exchange of Thailand.
Society
The company conducts its business with a sense of responsibility towards society. It follows global work standards to minimize the potential impact of its operations. It considers the interests of stakeholders such as employees, business partners, customers, and communities. Additionally, the company places importance on safety, occupational health, and environmental conditions in the workplace. It respects human rights, invests in employee development, and contributes to various social initiatives such as education and disaster relief.
Environment
The company is environmentally conscious and takes climate change and environmental factors into account in its operations. It has established policies, practices, monitoring, and continuous development in environmental matters. The company provides knowledge and training related to relevant work standards, supports and promotes environmental conservation efforts, and aims to minimize its environmental and community impact resulting from its construction processes.

Main goal of sustainable business development

Stecon Group Public Company Limited sets the main goal of sustainable business development. To be in line with the company's sustainable business development policy as follows:

Environmental Sustainability Goal
The company aims to contribute to the country's goal of reducing greenhouse gas emissions by 20-25% compared to normal operations and working towards achieving carbon neutrality by the year 2050.
Safety Goal
The company targets zero work-related injuries resulting in work stoppages every month, aiming for Loss time accident (LTA) and Loss time injury frequency rates (LTIFR) =0
Employee Development Goal
The company aims to enhance the knowledge and skills of its employees through seminars and training sessions, with an average of at least 10 hours per person per year.
Good Corporate Governance Goal
The company has been ranked as “excellent” in corporate governance from the survey conducted by the Thai Institute of Directors (IOD) as part of the registered company's corporate governance assessment program.
Developing sustainable businesses in various dimensions
Governance and Economics Dimension
The Company’s key economic goal is to generate operating profit appropriately and continuously by conducting business in accordance with good corporate governance with transparency, fairness, verifiability, accountability for all stakeholders.
Developing sustainable businesses in various dimensions
Social Dimension
The Company operates our business with social responsibility. The Company has work standards to minimize potential impact on society and the Company’s business stakeholders, including employees, partners, customers, and communities near the construction site. In addition, the Company also places importance on giving assistance to society in various aspects such as education
Developing sustainable businesses in various dimensions
Environment Dimension
The Company recognizes the operation by taking safety and environment into consideration. The Company has strictly established policy, guidelines, follow-up, and development plans on safety and environment.