SET: AP
9.20 Baht
-0.05 (-0.54%)

Sustainable Management Policy

AP (Thailand) Public Company Limited and its affiliates are dedicated to enhancing the quality of life for residents in a sustainable and holistic manner—across economic, environmental, and social dimensions (ESG). We are committed to earning the trust of our stakeholders through transparent operations, guided by clear strategic directions and sustainability policies. We actively engage with all stakeholder groups through diverse communication channels to understand and respond to their expectations. This inclusive approach enables us to continually refine our processes and evolve our business practices to align with stakeholder needs. We believe this is fundamental to strengthening our operations, boosting competitiveness, and enhancing the credibility of our business. Our practices are designed to align with international standards and are fully consistent with the United Nations Sustainable Development Goals (SDGs). We are committed to transparency, regularly disclosing our performance and sustainability initiatives through our annual report, sustainability report, and the Company website.

Our commitment to sustainable development is driven by the following guiding principles:

Environmental Development

The Company complies with all relevant national laws and regulations and adheres to internationally recognized practices. We are committed to conducting environmentally responsible business operations, placing strong emphasis on sustainable energy management. This includes the efficient and mindful use, conservation, and stewardship of natural resources. We actively seek environmentally friendly and alternative materials to support our sustainability principles and reduce environmental impact. Waste from production processes is carefully managed, and we promote the responsible and efficient use of existing resources. We continuously explore ways to reduce resource and energy consumption to minimize environmental, community, and societal impacts. Furthermore, we foster environmental awareness within communities, encouraging responsible living and the mindful use of shared resources. Our aim is to mitigate both short-term and long-term environmental impacts, ensuring a better quality of life for present and future generations.

Social Development

The Company is committed to building a sustainable society by treating all communities, social groups, and stakeholders with fairness and equality. We strive to contribute to the improvement of community well-being and public benefits through social development initiatives and community support programs. We also place strong emphasis on our employees at all levels, encouraging personal and professional growth. We support training and educational opportunities both internally and externally to enhance skills and knowledge. A safe, happy, and creative work environment is cultivated to inspire innovation and maximize productivity and efficiency. Additionally, we ensure employee well-being through comprehensive benefits, fair compensation, and support for health and overall quality of life.

Economic Development and Good Corporate Governance

AP (Thailand) Public Company Limited recognizes the importance of maintaining a balanced approach to economic growth, social responsibility, environmental stewardship, and the expectations of all stakeholders in its pursuit of sustainable development. The Company places a strong emphasis on economic advancement and corporate governance, operating in accordance with ethical principles, transparency, fairness, and accountability in real estate development. Oversight and responsibility for these practices lie with the Board of Directors and the Corporate Governance and Sustainability Development Committee, ensuring full adherence to the principles of good governance—a commitment that has long been embedded in our operations. The Company continuously strives to enhance the quality of its products and services, while fostering innovation to support development that meets the diverse and evolving needs of all customer segments. We also actively promote ethical business conduct throughout the entire value chain—encouraging partners, suppliers, and stakeholders to adopt and adhere to sustainable business practices. Moreover, we implement effective risk management practices to support the organization in achieving its objectives in alignment with sound governance principles.

This policy has been established by the Corporate Governance and Sustainability Development Committee and is subject to review at least once annually—or whenever material changes occur that may impact the Company's sustainability strategy. This ensures ongoing relevance and alignment with the changing global landscape and applicable international standards.

All executives and employees of AP (Thailand) Public Company Limited and its affiliates are responsible for supporting, promoting, and acting in accordance with this Sustainable Management Policy and its related guidelines.

This Sustainable Management Policy was approved by the Board of Directors at Meeting No. 3/2025, held on March 27, 2025.