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Delta Electronics Thailand : Sustainable Development Report 2025
Delta Electronics Thailand : Sustainable Development Report

About this update from Delta Electronics (thailand) Public Co. Ltd.
A Better Tomorrow 2025 | Sustainable Development Report Delta Electronics (Thailand) Public Company Limited. Symbol: Listed: Industry: Sector: Type of operation: Headquarter: Proportion of free float: Thai CAC status: Publication year: Report type: Adherence level: Report period: Report cycle: Language: Number of pages: Registered capital: Paid up capital: DELTA The Stock Exchange of Thailand Technology Electronic Components Manufacturing for export and technology solution provider. 909 Soi 9 Moo 4 Pattana 1 Rd., Bangpoo Industrial Estate (EPZ.) T. Praksa A. Muangsamutprakarn Samutprakarn, THAILAND 10280 THB 1,259,000,000 shared at par value of Baht 0.1 THB 12,473,816,140 shares at par value of Baht 0.1 (As of 31 December 2024) Website: Audited Financial statement: 23.57%(As of 28 February 2025) Certified member 2025 GRI Standards In accordance - Core 1 Jan - 31 Dec 2024 Annually in June English and Thai 166 (including complementary parts and GRI content index) https://deltathailand.com https://tinyurl.com/5n97ahj7 MISSION Introduction At Glance : Executive Summary Corporate Culture Forewords by the President Our Journey Overview Powering Green Innovations Innovations for Better Tomorrow Cooperate Governance To Provide innovative, clean and energy-efficient solutions for a better tomorrow. Board of Directors Structure of BOD 20 Board of Directors Performance Assessment 21 Management Committee 22 Nomination and Compensation Committee 25 Information Governance 27 Information Technology Committee Sustainable Development 36 Our Progress to Sustainability 37 The Matters 40 Material Issues Assessment 43 Our Commitment 45 Risk and Sustainable Development Organization 46 The Risk 49 Enterprise Risk Management Process Portfolio Our Structure Success Stories Responsible Supply chain Responsible Supply Chain Enhancement New Supplier Assessment Tier-1 suppliers Supplier Biodiversity Risk Assessment 65 Social and Environmental Risk Assessment 66 Suppliers Potentially Expose to ESG Risk 29 IT Security Culture and Employee Participation 31 Ensure norm of transparency 34 Delta Stands Against All Forms of Corruption Eco-Friendly Operation Towards 2050 Net Zero Plan with Awareness 83 A Greener Process 84 Climate Action Journey 86 Eco-friendly Operation 88 The Life Cycle Assessment (LCA) 54 From Responsibility to Sustainable Growth Better Together 117 A Mutual Betterment 118 Our Colleagues 123 The 9 Pillars of Delta's Employment Policy 133 Training Performance 141 Health and Safety 155 Eco-friendly Habit Cultivation 68 Risks in High-Tech EE Component Supply Chain 69 Invasion of New Biomes for Raw Material Extraction 71 Conflict Mineral Sourcing 74 Circular economy promotion Next Step to Carbon Reduction Annual Sourcing Day Event Promotion of supplier's capacity to access to ESG 84 Product Energy Use and Savings 86 Eco-labels and Eco-declarations 88 Keep Introduce Innovative Solutions Retain Innovation Pipeline Energy Saving in 2024 Process Innovation Waste in Focus Emission Release Our Effort to Reduce VOC We Maintain Water Security Wastewater recycling, and reuse program Rainwater Use and Training Program Biodiversity Biodiversity with Green Building Ensure Natural Resources Conservation 114 A Greener Logistics Process 158 Employee Retention 160 Inclusive Well-being Philanthropic Activity 161 Participation and Membership 164 We Learn and Share 174 Your Satisfaction, our Pride 175 A Better Tomorrow for Next Generation 177 Award and Recognitions Appendix 185 About this Report 187 Calculation Methods 190 Independent Assurance Statement 191 GRI Content Index Reporting standard This report has been prepared in accordance with the GRI Standards: Core Option in both English and Thai. All the information in General Disclosure The material issues of this report has been selected as per the Company's stakeholders' feedback via our on-line questionnaire published on https://goo.gl/HKsqeV , stakeholder engagement log collected by our domain experts, face-to-face random interviews, emerging risk and issues consideration, social media log and media stakeholders' analysis. The Company bases on Global Reporting Initiative's GRI Standards, Dow Jones Sustainability Index, SET Sustainability Awards frameworks, stakeholder interests and emerging issues to identify the questionnaire's aspects per sustainability context, data collection as well as the report implementation. The report qualitative and quantitative contents can be obviously indicated with the GRI Content Index which is shown on the final page after table of Company's performance. In addition, to boost up both internal and stakeholder participation, Delta adds the linkage of this report to related sustainable business practices into its GRI content table. Delta has engaged Lloyd's Register, an independent third party, to provide external assurance for selected environmental and social indicators and ensure the accuracy and reliability of the data reported herein. Introduction 2025 Sustainable Development Report Corporate Governance Sustainable Development Responsible Supply Chain Eco-Friendly Operation Better Together Approach and Appendix At Glance Executive Summary According to IMF's January 2025 global outlook update, Southeast Asia, Australia, Europe and the U.S. economies show moderate growth despite global uncertainties. India sees strong growth driven by domestic demand. Delta's fundamentals are firm with core businesses well-positioned for growth. Delta shall leverage growth opportunities in AI, infrastructure, and automation solutions Delta informed its shareholders in recent AGM dated 2 April 2025 that The Company has established the strategic priorities for 2025 as follows: Achieve sustainable double-digit growth driven through eco-friendly and diversified products/solutions; Enhance business growth through AI; Expand manufacturing and research & development operations in Thailand and India Develop its personnel and value chain's capabilities Expand regional presence by establishing new offices in Vietnam and Malaysia Invest to meet RE100 and SBTi targets. 1.00 23.57 58.77 0.61 19.82 55.91 0.67 19.26 60.34 Delta India's factories in Rudrapur, Gurgoan, and Krishnagiri achieved a total of 74.9% of the production target in Q4 2024. The company continues to optimize operations to accelerate line setup and adapt to market conditions. For sustaining its environmentally friendly innovation, the company has enhancing Thailand's facilities for next level of growth while accelerating the "Design in India, Design for the World" initiative with the inauguration of a new R&D center in Bangalore, India since Sept 2024. In 2024, the Company has revised its Anti-Corruption Policy and Code of Conduct Handbook to strengthen its anti-corruption measures. Additionally, the Integrity Undertaking document has been updated with stricter measures, and all suppliers both existing and new are required to sign the document to acknowledge the Company's commitment to conducting business with integrity. For more information on the 2024 executive summary is publicly available at our Press Release and Minutes of the 2025 Annual General Meeting. Proportion of Green Revenue to Total Revenue (Billion Baht) 4% 8% 100% 100% 100% 100% 97% 15% 17% 15% 164.7 92% 23% 85% 83% 85% 27% 146.4 77% 73% 84.2 118.6 46% 46% 63.2 54% 54% 46.9 49.3 53.1 52.0 36.8 35.7 21.8 12.5 183 192 143 11,263.00 12,897.00 16,518.00 20,109.00 19,044 1998 2003 2007 2010 2015 2017 2018 2019 2020 2021 2022 2023 2024 GHG intensity 2020 - 2024 Market Based (tons CO₂e/MUSD) 24.56 20.43 19.94 14.51 12.22 2020 2021 2022 2023 2024 Scope 1 ◼ Scope 2 ◼ Scope 3 Scope 1 + 2 High Eff ODM/OEM rev (%) ■ Green rev (%) ■ Total Rev (Billion Baht) Our Colleagues 4,784.00 4,862.00 6,045.00 7,315.00 6,221 2020 2021 2022 2023 2024 Male Femal Others Not disclose Diversity Proportion of Recycled Input material to total material consumption 27% 29% 16,424 29% 26% 22% 14,601 13% 9,026 6,601 3,170 44,630 5,873 32,932 35,613 18,744 21,571 14,601 0.72 13.78 41.34 0.68 11.54 33.19 2019 2020 2021 2022 2023 2024 Virgin material (ton) Recycled material (ton) Chart Title Philanthropic Spending (Million Baht) 0.5 0.8 1 0 . . 7 3 0.9 0.5 0.3 5.8 0.1 9.7 23.3 7.9 7.7 18.5 5.5 8.1 5.8 7.6 Non-Renewable and renewable energy consumption (MWh) % recycle input material 111,984.42 Total Philanthropic Spendings (million Baht) 2020 2021 2022 2023 2024 Non-Renewable Energy Renewable Energy (Include REC) 2019 2020 2021 2022 2023 2024 87,109.39 9,596.06 101,492.03 9,951.73 99,738.52 12,958.03 149,277.45 64,758.39 189,584.22 Charitable Donations ■ Commercial Initiatives Long-term Community Investments 2025 Sustainable Development Report Introduction Corporate Governance Sustainable Development Responsible Supply Chain Eco-Friendly Operation Better Together Approach and Appendix Corporate Culture Core values are the foundation of corporate culture, influencing the behavior and decisions of employees and shaping the image and style of the corporate culture. They play a crucial role in determining a company's success. In the past, Delta's corporate culture and values have led to our vision and strategy and laid the critical foundation for our success. One Delta As Delta's development strategy shifts from ODM to OBM to emphasize the Solution Business, and as cross-BG and cross-Region cooperation increases, we need to understand the real needs of our customers and provide suitable solutions that surpass their expectations. Only when we can collaborate with an altruistic mindset and keep learning and innovating, can we integrate technology and products to provide greater added value. To maintain our competitiveness, we are integrating the above vital elements to redefine our core values as: Integrity, Innovation, Collaboration, Inclusion, and Empowerment. The definitions and summary of these values are as follows: Integrity Honestly dedicated to achieving quality with our work, upholding the highest level of professional standards and matching our words with action. Innovation Looking forward to discover future possibilities, embracing continuous learning to innovate on creative solutions and breaking through the status quo. Collaboration Creating synergetic partnerships that achieve shared goals with agility and precision, putting partners, clients and users at the center of our collaborative efforts. Inclusion Open to diverse perspectives, respecting of differing opinions and inclusive of various backgrounds that offer unique contributions. Empowerment Achieving our own success by empowering others to realize their own goals, encouraging active and enthusiastic growth to fulfill everyone's potential. Our values guide how we work and grow, helping us create better solutions and stronger collaboration across teams and regions. With this foundation, we are moving steadily toward a future of sustainable growth and lasting impact.
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