VALUE THROUGH INNOVATION

We benchmark ourselves with the best in industry to understand
the gaps and bridge and exceed in performance. The annual budget
is prepared after many iterations of consultations with internal and
external experts to arrive at challenging as well as achievable results.
Our accounts are audited annually by certified financial auditors as
required by the Thai government regulations.
We understand the impacts of climate change on both availability
of energy and water. We have initiated investment in developing
rain water harvesting capacity in our plant area which has a holding
capacity of which is 80,000 litres. During the rainy season, we can
harvest the rain water and use it in our process. We are also evaluating
ways to improve efficiency of our energy and water use. We have
also prepared ourselves to face any disasters due to flood as well as
drought, accentuated by climate change..
We are also evaluating the introduction of renewable energy in our
energy mix. We have installed a 20 kW Solar Power Plant for captive
consumption during the reporting period. In times to come, we will
be installing higher capacity renewable energy plants to meet some
of our energy needs.
With all these actions and more to come, our aim is to make ITS
stronger financially. We are well on our path to delivering benefits
to our stakeholders including communities, customers, suppliers and
employees
Govind Tekriwal
INDO THAI SYNTHETICS SUSTAINABILITY REPORT 2016 | 18