Sustainability & Innovation
We will do our part to contribute for a better quality of life by creating economic, social, and environmental value for sustainable growth and development.
Working together for one sustainable future
At Oriental Copper, we are committed to cultivating a sustainable future through innovative and responsible practices. Our dedication to sustainability is demonstrated by our ongoing efforts to enhance our environmental, social, and governance (ESG) standards. Innovation is the driving force behind our sustainability efforts. We develop new technologies and processes that create positive impacts on both society and the environment. We are dedicated to conserving natural resources, reducing our carbon emissions, and minimizing the environmental footprint of our solutions. Responsible practices and innovation are integral to our business model, ensuring we contribute positively to the environment and society while advancing industry excellence.
Environment
Focus
Environmental Management
- In 2023, water use was 0.27 cubic meters per ton, with 41% recycled; energy use decreased by 12% to 5,261 MJ per ton. Investigating packaging management to cut waste by 89%.
Innovative Recycling and Processing
- Advance copper recycling for sustainability, reaching 63% by 2023, representing 47% improvement from 2019.
Training and Certification
- Enhancing internal safety and environmental training for ESG, and upholding ISO 14001 standards.
Social
Focus
Education and Community Support
- Provide scholarships to children.
- Organize blood donation drives with the Thai Red Cross Society since 2008, coordinating employee donations of over 1.1 million cc, supporting local hospitals and healthcare organizations.
Employee Development
- Since 2019, training has been offered to all employees in areas such as attitude, management, work skills, safety and environmental practices, and language.
Workforce Diversity and Local Employment
- Promote women in leadership and employ 28% local labor to support community development.
Certification Commitment
- Comply with ISO 45001 for occupational health and safety.
Governance
Focus
Compliance and Transparency
- Ensure compliance with laws and regulations and communicate openly with stakeholders.
- Perform regular risk assessments and maintain robust internal controls for financial accuracy.
Risk Management and Internal Controls
- Perform regular risk assessments and maintain robust internal controls for financial accuracy.
Ethical Practices
- Enforce anti-corruption and anti-bribery policies to ensure ethical and fair business practices.
Key success factors of achieving Sustainability Management
We will ensure to deliver our objectives through the following measures:
- Embedding sustainability principles and practices into the day-to-day management of the company
- Setting objectives and targets relevant to our organization and its sustainability priorities that will drive innovation, best practice and knowledge sharing
- Ensuring our staff members understand this policy and its objectives and are encouraged to be roll model of sustainability across the organization
- Procuring goods and services sustainably with an emphasis on supplier diversity, fair employment and environmental attributes, as well as other social and ethical criteria as appropriate and applied to our value chain
- The OC’s Board of Directors is responsible for establishing the overall sustainability policy for the organization and accountable for delivering sustainability performance and will ensure that adequate resources are engaged to deliver against this policy. They fully support the policy and provide effective leadership within their business areas. All staff members are responsible for following the policy with the support, direction and commitment of our leaders.
OC Business Ethics
Business Ethics is the standard of doing business involving production and distribution of goods, and providing of services in order to receive a reasonable return on investment that is fair to all parties, whether they are producers or consumers. Business owners, shareholders, executives, co-workers, service providers, governments, society, are the participants who all have a common business relationship conformable to business ethics.
