| Good corporate governance |
|
Negative impact
- Neglecting applicable rules and regulations, or engaging in fraudulent practices related to licensing approvals, may result in legal action or fines and undermine the trust of clients, investors, and other stakeholders
- A lack of stakeholder engagement and positive relationship-building may lead to conflicts and reputational damage
Positive impact
- Strengthen opportunities and competitiveness as consumers and investors increasingly prioritize companies with strong environmental and social responsibility and good corporate governance
- Create sustainable long-term value and returns while building trust and confidence among shareholders, investors, and all stakeholders
|
- Employees Shareholders, investors, creditors, and financial institutions
- Government agencies and related organizations
- Customers
|
- 16.3
- 16.5
- 16.6
- 16.7
- 16.10
|
- GRI 2-9
- GRI 2-12
- GRI 2-13
- GRI 2-14
- GRI 2-15
- GRI 2-18
- GRI 205
- GRI 3
|
- Corporate governance
- Adherence to the principles of good corporate governance
- Recruitment and appointment of the Board of Directors
- Board development
- Performance evaluation of the Board of Directors
|
| Business Ethics and Anti-Corruption Measures |
|
Negative impact
- Violations of laws or regulations, or fraudulent conduct, may result in prosecution, fines, or other legal penalties
- Reduced confidence and trust from investors, customers, and business partners may affect the Company’s competitiveness
- Risk of exclusion from governance and sustainability indices or assessments, which could affect access to funding and long-term value creation
- Business opportunities—particularly government or large-scale projects—may decline if the Company is perceived to lack ethical standards and transparency
Positive impact
- Strengthen investor, partner, and stakeholder confidence in the Company’s transparency
- Reduce legal risks and disputes arising from fraud or unfair business practice
- Increase opportunities to participate in government and international projects with anti-corruption requirements
- Build a transparent and competitive corporate image domestically and internationally
|
- Employees
- Shareholders, investors, creditors, and financial institutions
- Government agencies and related organizations
- Customers
- Business partners and competitors
|
- 16.5
- 16.6
|
- GRI 2-23
- GRI 2-24
- GRI 2-26
- GRI 205
- GRI 206
- GRI 3
|
- Conduct business in accordance with the principles of good corporate governance and the Company’s Code of Business Conduct
- Anti-corruption
|
| Risk management |
|
Negative impact
- Inadequate risk management may expose the Company to unforeseen events such as economic fluctuations, legal changes, or environmental issues
- Ineffective risk management can increase remediation costs and negatively affect operational performance
- Investor, customer, and stakeholder confidence may decline if the Company is perceived as lacking adequate risk prevention and management measures
Positive impact
- Systematic and rigorous risk management enables the Company to anticipate and respond effectively to unexpected events
- Supports more accurate strategic decision-making and business planning, enhancing competitiveness
- Builds confidence among investors, partners, and stakeholders in the Company’s readiness and stability
- Reduces financial and reputational losses while supporting sustainable long-term growth
|
- Employees
- Shareholders, investors, creditors, and financial institutions
- Government agencies and related organizations
- Customers
|
- 8.2
- 8.5
- 16.6
- 16.7
|
|
- Creating an organizational risk management culture
- Environmental, social, and governance (ESG) risks
- Emerging risks
|
| Business continuity management |
|
Negative impact
- A lack of an effective business continuity plan may lead to operational disruptions from unforeseen events such as natural disasters, technology failures, or supply chain disruptions
- This may result in project delays, lost business opportunities, and reduced confidence from customers, investors, and business partners
- Organizations may face higher costs and losses than preventive investments, including the risk of reduced competitiveness
Positive impact
- Developing and regularly reviewing a business continuity plan strengthens preparedness for unforeseen events and minimizes operational impacts
- Builds confidence among customers, investors, and business partners that the Company has a robust and reliable risk management system
- Enhances competitiveness and creates a long-term strategic advantage
- Supports stable business growth and strengthens the Company’s reputation for resilience and sustainability
|
- Employees
- Shareholders, investors, creditors, and financial institutions
- Customers
|
- 8.2
- 16.6
- 16.7
|
|
- Develop a crisis management plan and a business continuity plan
|
| Tax management |
|
Negative impact
- Failure to comply with tax laws and regulations may expose the Company to audits, fines, or legal action
- Insufficient tax transparency may undermine credibility among investors, partners, and other stakeholders
- Increased tax burdens due to ineffective tax planning may raise operating costs and reduce competitiveness
Positive impact
- Effective and transparent tax management reduces legal risks and enhances credibility and trust among stakeholders
- Proper tax planning improves resource efficiency, reduces costs, and supports long-term business growth
- Transparency in tax practices strengthens the Company’s reputation in line with good governance principles and increases opportunities to access projects or investments related to sustainable development
|
- Shareholders, investors, creditors, and financial institutions
- Government agencies and related organizations
- Communities, society, and the environment
|
- 16.6
- 16.7
|
|
|
| Innovative Change Management |
|
Negative impact
- Demand for clean energy and efficient technologies is increasing; without innovation to meet these needs, the Company may lose business opportunities and be overtaken by competitors
Positive impact
- Improve electricity generation efficiency and reduce long-term operating costs
- Respond to growing demand for clean energy to expand the market, differentiate from competitors, and gain support from governments and investors who prioritize sustainability
- Develop high-efficiency energy technologies to strengthen leadership in clean energy innovation, support national economic development, generate stable returns, and enhance community quality of life
|
- Employees
- Shareholders, investors, creditors, and financial institutions
- Customers
- Business partners and competitors
|
- 8.2
- 9.1
- 9.4
|
|
- Innovation development
- Innovation trends in the electricity business
|
| Supply Chain Management |
|
Negative impact
- Inefficient supply chain management may delay raw material procurement, affecting production and project delivery schedules
- Operating costs may increase due to inadequate supplier planning and management
- Human rights and environmental risks may arise if supply chain partners violate labor standards or cause negative environmental impacts
- Trust and reputation may be damaged if the Company cannot effectively manage and monitor business partner standards
Positive impact
- Effective and sustainable supply chain management helps reduce disruption risks and supports operations as planned
- Enhances transparency and accountability across procurement and delivery processes, in line with international ESG standards
- Builds confidence among customers, investors, and business partners who prioritize supply chain sustainability
|
- Employees
- Customers
- Business partners and competitors
- Communities, society, and the environment
|
- 16.6
- 16.7
|
|
|
| Good corporate governance |
|
Negative impact
- Imprudent investment decisions may result in financial losses, adversely affect liquidity, and undermine shareholders’ confidence.
- Investments made without due consideration of environmental and social impacts may increase legal and reputational risks, as well as future remediation costs.
- Economic volatility, fluctuations in interest rates, and changes in the cost of capital may result in returns not being achieved as planned.
Positive impact
- Prudent investment allocation helps enhance the Company’s competitive capability and reinforce its financial stability.
- Investments in efficient projects and technologies can improve productivity, lower costs, and create greater opportunities for sustainable long-term revenue generation.
- The integration of ESG factors and climate-related risks into investment decisions helps reduce risk exposure and supports sustainable long-term growth.
|
- Employees
- Shareholders, investors, creditors, and financial institutions
- Customers
- Business partners and competitors
- Government agencies and related organizations
|
|
- GRI 2
- GRI 201
- GRI 203
- GRI 204
- GRI 205
|
- Develop an Investment Governance policy and approval framework that clearly specifies the roles of authorized approvers and the criteria for investment decision-making.
- Undertake a comprehensive pre-investment evaluation of project viability and related risks, including IRR, NPV, Payback Period, and Sensitivity/Scenario Analysis, while incorporating economic, interest rate, foreign exchange, and liquidity risk considerations.
- Implement post-investment monitoring to evaluate performance against budget, schedule, quality, and return targets, and report the results to management and the Board of Directors on a regular basis.
- Ensure the disclosure of material information to investors in compliance with good corporate governance principles and applicable capital market requirements.
|
| Customer Relationship Management |
|
Negative impact
- Inadequate customer relationship management may lead to dissatisfaction and customer switching to competitors
- Insufficient information and understanding of customer needs may result in products and services that do not align with market requirements
- Reduced customer trust and confidence may affect revenue and the Company’s ability to grow the business
Positive impact
- Effective customer relationship management helps build long-term customer satisfaction and loyalty
- Using customer insights to develop products and services improves responsiveness to market needs
- Increases business opportunities by retaining existing customers and expanding to new customers
|
- Employees
- Shareholders, investors, creditors, and financial institutions
- Customers
|
|
|
- Customer satisfaction
- Customer relationship management (CRM)
- Protecting customer data
|
| Employee development and care. |
|
Negative impact
- Inadequate employee development and support may result in skill gaps, reducing operational efficiency
- Lower employee engagement and motivation may increase turnover and raise recruitment and training costs
- The Company may lose competitiveness if it cannot attract and retain talented personnel
Positive impact
- Continuously developing employee capabilities builds a knowledgeable, skilled workforce that can adapt to change
- Supporting and motivating employees fosters engagement and loyalty and helps reduce turnover
- Strengthens the Company’s ability to attract quality talent and retain high-potential employees over the long term
|
- Employees
- Shareholders, investors, creditors, and financial institutions
- Customers
|
|
- GRI 3
- GRI 401
- GRI 404
- GRI 405
|
- Human resource and leadership development
- Succession planning
- Enhancing employee engagement
- Welfare and compensation
- Diversity and equality in the workplace
|
| Occupational safety and health |
|
Negative impact
- Accidents on construction projects or in field operations may harm the health and safety of employees, contractors, and surrounding communities and may also cause property damage and operational disruptions
- Failure to comply with occupational health and safety laws and standards may result in legal liability, lawsuits, fines, and reputational damage
Positive impact
- Strong safety performance demonstrates responsibility to society and stakeholders, builds trust, and enhances the Company’s competitiveness
- Investing in effective safety measures and occupational health systems reduces accident risks, lowers health and incident-related costs, and improves long-term operational efficiency
- A culture that emphasizes a safe and healthy workplace builds employee confidence and pride, helps reduce turnover, and strengthens organizational commitment
|
- Employees
- Shareholders, investors, creditors, and financial institutions
- Customers
- Communities, society, and the environment
|
- 3.4
- 3.6
- 8.8
|
|
- Process safety
- Personal safety
- Compliance with relevant occupational health and safety laws
|
| Community Linkage |
|
Negative impact
- Insufficient community involvement may lead to misunderstandings and opposition, causing project delays or disruptions
- Trust and relationships with communities and government agencies may decline, affecting future acceptance and business opportunities
- The Company may incur additional costs and losses from handling complaints or social conflicts
Positive impact
- Building positive relationships with communities helps reduce conflicts and increases acceptance of the Company’s projects
- Supporting community development and improving local quality of life demonstrates social responsibility
- Enhances the Company’s reputation as a trusted partner among communities and government agencies
- Supports long-term business growth through collaboration and support from surrounding communities
|
- Employees
- Shareholders, investors, creditors, and financial institutions
- Communities, society, and the environment
|
|
|
- Corporate Social Responsibility (CSR) strategy
- Community involvement
|
| Labor and human rights action |
|
Negative impact
- Failure to comply with labor laws may lead to human rights abuses across the value chain, exposing the Company to lawsuits, reputational damage domestically and internationally, and potential sanctions from international organizations, which may result in lost business opportunities
- Unequal treatment of workers may lead to dissatisfaction, protests, resignations, or legal claims
- Neglecting human rights may damage the Company’s reputation and erode stakeholder trust
Positive impact
- Creating a fair and safe work environment strengthens organizational commitment, improves productivity, and reduces turnover
- Operating with respect for human rights helps build strong relationships with stakeholders
- Earning the trust of clients and investors who value social responsibility increases opportunities to access new markets and expand the customer base
|
- Employees
- Shareholders, investors, creditors, and financial institutions
- Government agencies and related organizations
- Business partners and competitors
- Communities, society, and the environment
|
|
- GRI 3
- GRI 401
- GRI 402
- GRI 403
- GRI 404
- GRI 405
- GRI 406
- GRI 407
- GRI 408
- GRI 409
- GRI 412
|
- Human rights management
- Human rights communication and awareness-building
|
| Environmental management |
|
Negative impact
- Inefficient waste management may cause environmental contamination and expose the Company to environmental lawsuits or penalties
- Failure to comply with environmental laws or standards may result in fines, license revocation, and lost business opportunities
- Stakeholder trust may decline if waste management does not align with environmental responsibility principles
Positive impact
- Demonstrate to stakeholders that the Company complies with environmental standard
- s Reduce legal risks and costs related to fines or remediation
- Enhance opportunities to participate in projects with high environmental requirements (e.g., government or international projects)
- Promote sustainable development and the conservation of natural resources
|
- Employees
- Shareholders, investors, creditors, and financial institutions
- Government agencies and related organizations
- Communities, society, and the environment
|
|
- GRI 3
- GRI 301
- GRI 302
- GRI 303
- GRI 306
- GRI 307
|
- Air quality management
- Compliance with international laws, regulations, and standards
|
| Biodiversity |
|
Negative impact
- Operations that affect ecosystems may cause wildlife habitat loss and disrupt ecological balance in areas with high biodiversity
- Failure to conduct an environmental impact assessment (EIA) for a project, or to comply with biodiversity conservation laws and standards, may result in fines, legal action, loss of operating licenses, and reduced investor support
Positive impact
- Integrating biodiversity considerations into projects helps reduce the risk of wildlife habitat loss and supports the conservation and protection of natural resources
- Prioritizing biodiversity conservation in construction or investment areas strengthens relationships with local communities, government agencies, and environmental organizations and increases opportunities for future support and collaboration
|
- Shareholders, investors, creditors, and financial institutions
- Government agencies and related organizations
- Communities, society, and the environment
|
- 15.1
- 15.2
|
|
- Review of the Environmental Impact Assessment (EIA) report
- Preventive measures and management guidelines
|
| Efficient use of resources |
|
Negative impact
- Inefficient use of energy, water, and raw materials may increase operating cost
- s Excessive resource consumption may cause environmental impacts such as higher greenhouse gas emissions or water scarcity
- The Company may face compliance risks as government measures and requirements become more stringent
Positive impact
- Reduce operating costs and enhance competitiveness
- Support greenhouse gas emissions reduction and progress toward the Net Zero goal
- Strengthen an environmentally friendly corporate image and attract ESG-focused investors and partners
- Build trust with customers and stakeholders
|
- Employees
- Shareholders, investors, creditors, and financial institutions
- Government agencies and related organizations
- Business partners and competitors
- Customers
- Communities, society, and the environment
|
|
- GRI 3
- GRI 302
- GRI 303
- GRI 305
- GRI 306
|
- Improve efficiency in electricity/energy use, water consumption, and waste reduction across business processes
- Implement 3R measures (Reduce, Reuse, Recycle) for resource and waste management
- Train employees to promote awareness of efficient resource use
|
| Quality of construction materials |
|
Negative impact
- Using substandard materials may cause project defects, increase accident risks, lead to delays, and raise repair costs
- Low-quality materials may compromise the safety of users and surrounding communities and undermine trust in the Company
- The Company may face lawsuits or penalties if projects do not meet engineering or environmental standards
Positive impact
- Using high-quality, standardized materials enhances safety, durability, and extends the project’s lifespan
- Builds confidence among customers, investors, and stakeholders that the Company operates responsibly and to high standards
- Using environmentally friendly building materials (e.g., recycled or low-emission materials) strengthens the Company’s sustainability image and enhances competitiveness
|
- Employees
- Shareholders, investors, creditors, and financial institutions
- Government agencies and related organizations
- Business partners and competitors
- Customers
|
- 9.4
- 12.2
- 12.5
|
- GRI 3
- GRI 301
- GRI 308
- GRI 416
|
- Establish quality standards for construction materials that comply with engineering and environmental requirements
- Promote the use of environmentally friendly building materials and the recycling of waste materials
|
| climate change |
|
Negative impact
- Natural disasters such as floods, storms, or droughts may disrupt operations, including the efficiency of electricity generation from solar and wind power
- Changes in government regulations and policies (e.g., stricter climate-related laws on reporting and greenhouse gas emissions reductions) may increase operating costs and expose the Company to fines or penalties if it fails to adapt
Positive impact
- Investing in technologies and innovations that reduce greenhouse gas emissions can improve operational efficiency and lower long-term costs
- Aligning with Net Zero policies and environmental measures enhances competitiveness domestically and internationally
- Responsible climate action creates opportunities to attract ESG-focused investors, partners, and customers
- Strengthens the Company’s reputation as a sustainability leader and demonstrates a proactive role in addressing climate change
|
- Employees
- Shareholders, investors, creditors, and financial institutions
- Government agencies and related organizations
- Business partners and competitors
- Customers
- Communities, society, and the environment
|
|
- GRI 201
- GRI 3
- GRI 302
- GRI 305
|
- Climate change risk and opportunity assessment
- Increase the share of energy production from renewable sources
- Integrate climate change into enterprise risk management (ERM) strategies and processes
- Prepare climate-related reports and disclose greenhouse gas emissions data and progress on climate action in line with international standards (e.g., GRI, TCFD)
|
