Sustainability Management Policy and Objectives

Policies, Practices, and Performance

The Company is committed to contributing to a sustainable society by preserving the global environment and promoting safe, secure, and comfortable living. Sustainable development is recognized as a key driver of long-term business growth and is integrated into the Company’s operations across economic, social, and environmental dimensions under the principles of good corporate governance throughout the value chain.

The Company’s Board of Directors, management, and employees at all levels are responsible for implementing this policy and communicating it to all stakeholder groups to collectively advance sustainable development.

Management of impacts on stakeholders in the business value chain

Business Value Chain

The Company attaches great importance to the health and safety of employees and business partners by adhering to the principle of physical distancing, maintaining hygiene such as wearing a mask, handwashing with soap or alcohol, working from home to reduce bundling in the office by organizing work at home. The Company also arranges tools to support working online and daily health reporting system to follow up the employees' health condition.

The Company has organized meetings via e-mail and online channels such as Microsoft Teams (MS Teams) to keep up with the situation and business operations for customers and business partners.

Stakeholder Connecting

In assessing the stakeholders, the Company’s work units in charge of dealing and coordinating with each stakeholder groups through the joint meetings and email: information@kye.meap.com. The Company has brought complaints, suggestions, and opinions as a guideline for improving operations and responding to the expectations of all stakeholders appropriately. According to the Company's business ethics, Article 7, "Relationships with Stakeholders", conducting business and coordinating relationships based on honesty and fairness promotes good cooperation that would bring about sustainable development and growth.

The Company’s sustainability management addresses material issues raised by six key stakeholder groups:

Employees

Customers

Business Partners and Suppliers

Shareholders

Communities

Government and Regulatory Authorities

StakeholdersRequirementsProcessGuidelines and Strategy
Employees
  • Fair remuneration and proper welfare suited for economic conditions
  • Career advancement and security
  • Well-being and safety at workplace
  • Access to ongoing skill and knowledge development
  • Promotion of employees’ fundamental rights at work pursuant to work regulations.
  • Payment of remuneration and other benefits on a par with the industry
  • Arrangement of work environment to ensure safety and good sanitation supportive to good work performance
  • Complaint Reception
  • Employee Engagement Surve y
  • Satisfaction Survey
Customers
  • Punctual delivery of safe and quality products in the required quantity
  • Offering of products at reasonable prices
  • Other services supportive to economic, social and environmental issues
  • Trade agreements under fair conditions
  • ข้อมูลเกี่ยวกับผลิตภัณฑ์และบริการที่ถูกต้อง
  • ข้อมูลความลับของลูกค้า
  • Research, development and production of safe and energy-saving products
  • Quality policy
  • Training on technical knowledge and provision of knowledge on products to dealers
  • Trade agreement rules and criteria
  • External Meeting
  • Complaint Reception
Suppliers
  • Treat all business partners with equality and fairness in procurement practices.
  • Offer fair returns and business agreements.
  • Strictly adhere to all agreed-upon contracts and conditions.
  • Keeping abreast of procurement rules, regulations and criteria, such as those regarding selection of procurement sources
  • Rules and regulations regarding inspection and follow-up of procurement sources
  • Compliance with fair trade conditions
  • External Meeting
  • Complaint Reception
Shareholders
  • Generate worthwhile returns on investment in both the short and long term.
  • Foster business growth and long-term stability.
  • Manage operations with transparency, fairness, and timely disclosure of sufficient information.
  • Disclosure of Company information in annual report, form 56-1 (One Report), and press release
  • Availability of complaint filing channel
  • Additional channel for communication and disclosure of information, such as website
  • Annual General Meeting (AGM)
  • Complaint Reception
Community
  • Protect and preserve the environment.
  • Promote quality of life and maintain good relationships with local communities.
  • Engage with communities and respect local traditions and cultural heritage.
  • Continuous communication with community leaders regarding community development
  • Regular cooperation with government sector in running activities of social and environmental contribution
  • Complaint Reception
Government agencies and Regulators
  • Comply with all applicable laws and regulations.
  • Manage quality, environmental issues, and community care effectively.
  • Keeping abreast of developments of laws, rules and regulations
  • Making reports completely and by the deadline set forth
  • No payment to government officers without reasonable grounds
  • External Meeting
  • Training / Seminar

Sustainability management goals

People
Planet
Prosperity
Peace
Partnership
Songkran Festival
Buddhist lent ceremony at 9 temples (with MKY)
Buddhist lent ceremony at Bang Nampheung Nai, Samut Prakarn Province
Forest Planting Volunteer Activity with Mitsubishi Electric Foundation
Offering dried food and necessary stuff to temple
CSR Day “My school for my community”
Science Classroom
Blood Donation to Siriraj Hospital
Kathin Sacrifice Ceremony
Big cleaning Day
Children’s Day gift-giving activities to schools and communities in Samut Prakan Province
KYE Scholarship Ceremony for employee’s children
Internship project for students at high vocational degree and bachelor's degree
KYE Safety week
Safety CSR Project (for Community)
Employee training in safety and occupational health such as basic fire extinguishing training, forklift driving training, chemicals and hazardous materials handling and storing training, Crane training, and work safety training for new employees
Promote management to reduce greenhouse gas emissions to achieve a CO2-free society.
Environmental management, such as controlling waste generation, promoting recycling, using water efficiently and reducing pollution
Environmental management training for new employees
Campaign for recycling waste sorting to reduce the amount of landfill waste, and setting up a clean and well-managed waste sorting center
Perform environmental quality measurements, air quality exhaustion from chimneys and noise level, especially the quality of rain gutter water, wastewater, and disposal water, to be 20% more stringent than the law by measuring the water quality in real-time and notifying if the water quality is not within the control criteria.
Perform environmental quality measurements in the workplace, including light, sound, heat, and chemical vapors, to provide safety for employees and report to related government agencies.
Checking the condition of the shuttle bus to reduce the emission of black smoke.
Reduce CO2 emissions by setting a goal to reduce the emissions by 50% (compared to 2013) by Year 2030.
Continuous introduction of renewable energy inside the Company with an installation plan of solar power generation system phase 3-5 on the roof of Building 1,2,4 with a total capacity of 2.066 MWp, which is expected to be completed by 2028 with a total installed capacity of 9 phases at 5.1 MWp