Sustainability Overview

Conducting business on the basis of social, economic and environmental responsibility, taking into account stakeholders throughout the value chain that it is the operational guidelines of the R&B Food Supply Public Company Limited (“Company”) in which has always adhered to the business operation to strike a balance between business value and worth to stakeholders as well as the development of innovations in the production of raw materials for use in the food industry in line with global changes. The Company recognizes and places importance on conducting business that takes into account environmental, social and corporate governance (ESG) issues and to show its commitment to grow the business with social responsibility to operate efficiently. In the Year 2022, the Company had announced a policy of social responsibility along with appointing a working group to carry out corporate social responsibility (CSR) working at the department level by there were a total of 7 working groups, namely: Corporate governance, human rights, labor, environment, fair operations, consumers, participation and community development to carry out work responsible for impacts in various fields arising from business operations.

The Company is determined to be a leader in the production of raw materials for use in the food industry at the international level, having prepared to deal with challenges and changes in the world in a new context by defining the operating framework, giving importance to issues that are in line with global ESG directions, with examples of concrete actions in 3 areas as follows:

For the environment, the Company provides importance to the management of greenhouse gas emissions, power management, water and waste management. In the Year 2022, the amount of greenhouse gas emitted from activities of all 3 scopes of organizations as a reference quantity in studying guidelines to achieve the goal of becoming a Carbon Neutral Company by the year 2027 as well as participating in the Care the Bare Project of the Stock Exchange of Thailand to reduce greenhouse gas emissions from various activities. In terms of energy management, renewable energy is generated from solar energy by installing a Solar Rooftop to use electricity within the Company. And this year, the Company was certified the Green Industry level 2 by the Department of Industrial Works in which represents the business or industry that adheres to its operation that is friendly to the environment.

For social, apart from giving importance to the community, the Company focuses on the management of safety and occupational health and the development of the potential of employees in a systematic way, having implementation of various social projects in terms of promoting education, helping society, communities, and employees in times of crisis and in times of disaster by giving survival bags to employees affected by floods to employees affected by the monsoon trough across the Lower Northern Region, Central Region and Eastern Region in the preceding November 2022 as well as having sponsored youth football competitions which was considered as an activity that would help youth to have good physical and mental health. In addition, having participated in the project of conveying knowledge to Sub-District Health Promoting Hospitals, operated by the Folk Doctor Foundation to disseminate knowledge to the community, the Folk Doctor magazine had been delivered to 200 health hospitals across the country for a period of 1 year and also participated in the project to promote industrial factories to have Sustainable Corporate Social Responsibility (CSR-DIW For Beginner) Year 2022 of the Department of Industrial Works for coexistence between factories and surrounding communities in a supportive and sustainable manner.

In addition, in the field of corporate governance, the Company focuses on corporate governance with business ethics and being committed to conduct business with good governance, transparency and verifiability as well as anti-corruption along with building credibility and trustworthiness among all stakeholders. In the Year 2022, the Company received the evaluation results of the survey on corporate governance of listed companies (CGR) among listed companies with an “Excellent - 5 Star” rating on corporate governance. The Company had announced its intention to be a member of the Coalition Against Corruption of the Thai Private Sector by participating in the Thai Private Sector Collective Action Against Corruption (CAC) Project and also attached importance to the protection of data and information systems to be safe, business continuity and efficiency, supply chain management, having developed purchasing policies, code of conduct for business operations, good governance in business and guidelines for selecting business partners of the Company including communicating the principles of practice to partners to acknowledge sustainable practices for business partners to manage the supply chain in order in order to offer value-added products and services to enhance long-term growth potential.

Although driving the Company to become a sustainable organization will not be easy but determination and awareness for the importance of the sustainability framework in all 3 aspects mentioned above, the Company believes that business practices based on social, economic and environmental responsibilities, taking into account stakeholders throughout the value chain will lead the Company towards sustainability as set with the power of cooperation and unity of all management and employees. Finally, on behalf of the Chairman of the Corporate Social Responsibility and Sustainable Development Committee, a representative of the ESG Board would like to thank all sectors for supporting our work and strongly believe that we will be able to drive the Company to grow and achieve its goals to create social, economic and environmental development continuously and sustainably.