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Materiality Assessment

Materiality Assessment

AP Thailand places importance on evaluating sustainability issues and ensures that the company’s business strategies can appropriately respond to key issues that impact the organization and its stakeholders. This is carried out in accordance with international best practices to ensure that ESG management is comprehensive, transparent, and auditable.

Materiality Assessment Process

AP Thailand assesses and prioritizes sustainability issues through the following four key steps:

1
Analyze material issues across the supply chain

The company identifies material issues to its business by referencing internal and external factors, including:

  • Products, expertise, operational strategies, and business environment.
  • Operational activities throughout the supply chain, risks, and opportunities to create impacts on sustainability dimensions.
  • Sustainability trends in the industry.
2
Identify impacts of material sustainability issues
The company identifies material issues that have both current and future impacts by considering the effects on the company and forecasting industry trends.
3
Assess environmental, social, and governance impacts
The company assesses material issues based on impact by considering both positive impacts and negative impacts, along with evaluating the severity and likelihood of occurrence, in order to prioritize each issue accordingly.
4
Prioritize sustainability issues
The company uses the data obtained from the analysis to prioritize key sustainability issues and determine appropriate management approaches to ensure effective ESG risk management.

Results of the Sustainability Issues Assessment

AP Thailand conducts annual assessments and rankings of key sustainability issues to refine its strategies and business practices in alignment with stakeholder expectations and evolving ESG trends. The latest assessment results have been integrated into the company’s corporate strategy and serve as a guideline for implementing sustainability initiatives.

AP Thailand is fully committed to enhancing the assessment process to ensure greater accuracy and comprehensiveness. This is to ensure that our business can truly create long-term value and effectively address the needs of all stakeholder groups.

Results of the Sustainability Issues Assessment
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  • 1
    Resource Management
  • 2
    Pollution Management
  • 3
    Response to Climate Change
  • 4
    Biodiversity Management
  • 5
    Human Right (DE&I)
  • 6
    Labor Practice
  • 7
    Human Capital Development
  • 8
    Occupational Health and Safety
  • 9
    Community Development
  • 10
    Corporate Governance and Ethic
  • 11
    Risk Management and Compliance
  • 12
    Supply Chain Management
  • 13
    Data and Cybersecurity, Privacy Protection
  • 14
    Technology and Innovation