2) Business Partner, Customer, and Investor Expectation Action and Response Commitment to create sustainable and eco-friendly products, such as bioplastics, by investing in i n no v a t i on a nd bu i l d i ng cooperation with suppliers or business partners across the value chain in order to uplift the capability of production processes. Study and research the potential of advanced technology that supports the production of sustainable and low-carbon products. Formulate a technology implementation plan and seek opportunities to engage in business with suppliers and partners while aligning resource allocation with the company’s strategy. Conduct capacity development projects for employees and suppliers covering diverse topics including GC’s strategies, technical knowledge, and sustainable management, for example Global Leadership Acceleration Program (G-LAP) for employees and the training on Decarbonization and Road Map for suppliers, etc. GC’s sustainability leadership is reflected through four leading sustainability indices: EcoVadis: GC has achieved a Platinum Medal from EcoVadis, which places in the top 1% in chemicals category. Dow Jones Sustainability Indices (DJSI): GC is the world’s first organization to have ranked number one in the Dow Jones Sustainability Indices in the Chemicals Industry for five consecutive years. Morgan Stanley Capital International (MSCI): GC received ‘A’ rating in MSCI ESG Ratings in the chemical industry sector. Stock Exchange of Thailand (SET): GC obtained ‘AAA’ level assessment from SET ESG Ratings, maintained our position on the list for the ninth consecutive year, and won the Sustainability Awards of Honor in the Sustainability Excellence Category from the SET Awards 2023 for the sixth consecutive year. Impact Management for Stakeholders GC acknowledges that stakeholder opinions play a vital role in improving the efficiency of our performance. For this reason, GC annually reviews the formats of activities and stakeholder engagement channels to ensure that the company provides equal and transparent opportunities for all groups of stakeholders to participate and express their opinions, which, in turn, enhances our operational efficiency. GC classifies our key stakeholders into four groups: 1) Shareholder Expectation Action and Response Conduct business in accordance with the principles of corporate governance, adding value and creating business value. Prevent and reduce environmental impact from business operations to strenghten capabilities in the business value chain. Green investments, investments and business activities that promote ESG in line with changing international and national trends to accommodate future risks. Comply with laws and regulations of relevant regulatory bodies, create understanding, ensure communication throughout the Group, and build confidence by disclosing corporate governance performance via the company’s various channels. Continuously review sustainability strategies, integrate business operations with sustainable development that covers ESG, and focus on key business issues that correspond with megatrends, low-carbon society, or climate change under the implementation of a clear roadmap according to GC’s Net Zero Target. Plan investments on reducing greenhouse gas emissions, and High Value & Low Carbon Business to add value to products by developing and designing the products that high quality, great performance, safe, environmental-friendly, and lower natural consumption, etc. 100
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