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Sustainable Development Framework and Policy
Environmental Aspect
Goal: Safeguarding the environment
Commitment: To reduce greenhouse gas emissions and reduce environmental
footprint within our operations and value chain.
Environmental Aspect comprise 1 main policy as follows:
1) Decarbonization Strategy
In order to actively support the global community's efforts to transition towards a net-zero
greenhouse gas emission and to contribute to mitigating environmental impacts from
climate change, the Company is committed to achieving net-zero greenhouse gas emissions.
This involves setting targets for greenhouse gas emissions within scopes 1, 2, and 3
in accordance with international standards. The Company will develop plans to reduce
greenhouse gas emissions resulting from its operations within Scopes 1 and 2
(our operation). This includes reducing the use of fossil fuels and refrigerants, decreasing
electricity consumption from external sources by increasing the proportion of energy from
solar cells, and reducing other indirect greenhouse gas emissions within Scope 3 (Other
Indirect). This encompasses managing greenhouse gas emissions in the Company's portfolio
at the portfolio-level through responsible investments and promoting companies investing
in climate change and waste management based on circular economy principles.
Moreover, the Company places importance on instilling awareness and knowledge about
greenhouse gas management, environmental preservation, and natural resource
conservation among its management and employees continuously. This is to ensure that
the Company's business operations have a positive impact on the environment and align
with the goals of Thailand, including the Paris Agreement.
This policy addresses the UN Sustainable Development Goals (SDGs):
Corporate Sustainability Integration Department I Muang Thai Life Assurance Public Company Limited 10