VALUE THROUGH INNOVATION

Climate Change
& Future Proofing Response
GHG Mitigation and Energy Constraints
Restrictions due
to GHG mitigation
related regulatory
requirements
addressing this
sector is unlikely.
Voluntarily
reducing emissions
and disclosing
the same will
have reputation
advantage
Adapting to Climate Change
In Thailand Energy prices are not
likely to increase out of pace with
past trends. Similarly, regulations
requiring renewable energy
investments or procurement is
also unlikely. Voluntarily adopting
renewable energy and continued
efforts in energy efficiency will have
reputation advantage
Consumer preferences, customers
and regulations will require GHG
foot print information
Manufacturing location faces flood risk which is further
exacerbated by more likely extreme weather events
Flood protection walls around industrial establishments and
improved drainage systems may alleviate flood risk
Climate change impact on markets (risks and opportunities)
could not be ascertained
Fresh Water Availability | Water Resource Risk
Water resource risk is not very significant in manufacturing
Water resource risk (fresh water availability and effluent
discharge) is faced by customers and will become severe
Future Proofing Response
GHG Mitigation and Energy Constraints
Continue with efforts in GHG Mitigation/Energy Efficiency and
Renewable Energy and their disclosure
Continue GHG foot printing assessments and disclosures for
select products
Adapting to Climate Change
Assess whether the risk alleviation is adequate in the face of
climate change
Water Resource Risk
Continue with efforts in water conservation as the region faces
fresh water availability risk and all industry may face risk of water
resource allocation
Consider product innovation to alleviate customer risk in water
resources and effluents
Keep information/assessment of customers who are likely to face
water resource risk
INDO THAI SYNTHETICS SUSTAINABILITY REPORT 2016 | 57