Supporting the UN Sustainable Development Goals (SDGs)

Material Sustainability Issues in 2024 and Stakeholder Engagement

The company places significant importance on the participation of both internal and external stakeholders. Each stakeholder group is directly and indirectly involved in operations, enabling the organization to respond to material issues and establish operational directions for comprehensive sustainability development. The company has communicated the material issues of interest to each stakeholder group to acknowledge and incorporate them into business planning considerations going forward.

Social Performance

Community Development

Occupational Health and Safety

Labor Practice

Human Capital Development

Human Right (DE&I)

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Environmental Performance

Resource Management

Pollution Management

Response to Climate Change

Biodiversity Management

Governance Performance

Sustainable Development to Support Economic Growth

Risk Management and Compliance

Sustainable Supply Chain Management

Data and Cybersecurity, Privacy Protection

Innovation for Society

Stakeholder

Investors and Shareholders

Executives and Employees

Suppliers and Contractors

Customers, Tenants and Residents

Communities and Society

Partners

Media

In addition, AP Thailand utilizes the SDG Guidebook for Thai Listed Companies, which serves as a tailored guideline for listed companies in Thailand. The guidebook sets a precept for integration of the SDGs into business strategies in alignment with the national context.

SDGs Priorities and the Implementation Approach in AP Thailand

SDG 3

Good Health and Well-being

AP Thailand places great importance on the health, safety, and quality of life of its employees and residents, with various operational approaches such as:

Promoting employee health

Annual health check-ups are provided to employees to monitor for work-related illnesses. In 2024, over 2,107 employees participated. Telemedicine services with doctors are also available, along with the “AP Heal Jai” Program offering psychiatric consultations to support mental health.

Workplace safety

Four highly popular safety training courses are offered to ensure employees can perform their duties safely, reduce accident risks, and maintain business continuity.

Security system for residents

Innovative security systems such as LPR (License Plate Recognition) and automated alert systems are implemented to reduce risks from unexpected incidents and enhance residential safety.

SDG 8

Decent Work and Economic Growth

AP Thailand supports inclusive and sustainable economic growth, with a focus on creating economic opportunities and workforce development as follows:

Workforce skill development in the real estate industry

Supporting training and upskilling programs for construction workers and personnel in the real estate sector.

Support for SMEs and local businesses

Promoting the SME Neighbor Club program to empower small entrepreneurs to grow alongside AP Thailand’s development.

Fair employment and diversity promotion

Promoting fair employment practices and fostering an organizational culture that values diversity in gender, race, and equity.

SDG 10

Reduced Inequality

AP Thailand aims to reduce inequality by providing education and career opportunities as follows:

AP Young Smart Program

Provides vocational youth with opportunities for hands-on experience in the real estate industry through a dual education system. The program develops professional skills and increases future employment opportunities.

AP Public Course Training Program

Promoting learning and skill development in real estate for the general public.

Organizational equality

supports diversity, equality, and non-discrimination in the workplace, adhering to international human rights principles, such as respect for labor rights, the prohibition of child labor, and unbiased evaluation of candidates regardless of gender or social background.

SDG 13

Climate Action

AP Thailand recognizes the importance of reducing the impacts of climate change and is committed to achieving the goal of Net Zero Carbon through the following actions:

Reducing greenhouse gas emissions

Developing long-term plans to reduce the organization’s carbon footprint through clean energy usage and resource consumption reduction.

Improving energy conservation

Designing residential projects to minimize energy consumption, such as homes certified with high-efficiency energy-saving label No. 5.

Promoting low-carbon construction practices

Enhancing construction methods to reduce carbon emissions, from material transportation to project management.

SDG 17

Partnership for the Goals

AP Thailand recognizes the importance of collaboration with various coalitions to drive forward sustainability goals, as follows:

ESG Audits with suppliers

Establishing systematic ESG selection and audit criteria for suppliers. In 2024, two Critical Tier 1 suppliers underwent on-site assessments, with plans to achieve 100% coverage by 2025.

Encouraging suppliers to adopt good governance practices

Including the Implementing of the Code of Conduct for Business Partners and ESG principles to strengthen a sustainable supply chain.

Collaboration on sustainability-focused innovation

For example, the company supports startups such as Smart Service & Management to enhance long-term service quality for residents.

AP Thailand is committed to advancing sustainability and continuously supporting the Sustainable Development Goals (SDGs). In the future, the company plans to develop projects that utilize clean energy and reduce carbon emissions to minimize environmental impact and support climate-related goals.

In addition, the company has plans to increase the proportion of environmentally friendly construction materials to reduce waste and the use of natural resources, an essential part of supporting sustainable production and consumption goals. At the same time, AP Thailand will continue to foster partnerships with government agencies, private organizations, and local communities to drive community and workforce development projects, promote economic opportunities, and support goals related to economic growth and equality. All these efforts reflect the company’s commitment to creating long-term positive impacts on society and the environment.