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
MaleFemalOthersNot discloseDiversityProportion 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
10..73
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
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.