A Better Tomorrow
2023 | Sustainable Development Report
Delta Electronics (Thailand) Public Company Limited
Symbol: | DELTA |
Listed: | The Stock Exchange of Thailand |
Industry: | Technology |
Sector: | Electronic Components |
Type of operation: | Manufacturing for export and technology solution provider. |
Registered capital: | THB 1,259,000,000 shared at par value of Baht 1 |
Paid up capital: | THB 1,247,381,614 shares at par value of Baht 1 |
(As of 13 February 2023) | |
Proportion of free float | 22.36%(as of March 1, 2023) |
Thai CAC status: | Certified member |
Publication year: | 2023 |
Report type: | GRI Standards |
Adherence level: | In accordance - Core |
Report period: | 1 Jan - 31 Dec 2022 |
Report cycle: | Annually in June |
Language: | English and Thai |
Number of pages: | 165 (including complementary parts and GRI content index) |
Headquarter: | 909 Soi 9 Moo 4 Pattana 1 Rd., Bangpoo Industrial Estate |
(EPZ.) T. Praksa A. Muangsamutprakarn Samutprakarn, | |
THAILAND 10280 | |
Website: | www.deltathailand.co.th |
Audited Financial statement: | https://deltathailand.com/en/financial.2022.1 |
DELTA ELECTRONICS THAILAND PCL | SUSTAINABLE DEVELOPMENT REPORT | 2 |
MISSION
To Provide innovative, clean and energy-efficient solutions
for a better tomorrow.
CONTENT
Foreword | Corporate | Eco-Friendly | Better | About this report | 145 | ||||||||||||||
(President's | Governance | Operation | together | The calculations | 146 | ||||||||||||||
Message) | |||||||||||||||||||
6 | 33 | 43 | 92 | External assurance | 149 | ||||||||||||||
GRI content index | 150 | ||||||||||||||||||
2022 at glance | 03 | Board competence | 34 | Tackle with climate | 45 | Our colleagues | 94 | and key initiatives | |||||||||||
Forewords by the | 06 | Sub-committee | 37 | change | Communities | 125 | mapping | ||||||||||||
President | Ethics as our norm | 40 | Design for less footprint | 47 | |||||||||||||||
This is Delta | 08 | Responsible supply chain | 56 | ||||||||||||||||
Sustainable Development | A greener process | 68 | |||||||||||||||||
Path to sustainability | 17 | ||||||||||||||||||
The matters | 18 | ||||||||||||||||||
Our Commitment | 23 | ||||||||||||||||||
SD organization | 25 | ||||||||||||||||||
The risks | 26 |
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.
DELTA ELECTRONICS THAILAND PCL | SUSTAINABLE DEVELOPMENT REPORT | 3 |
Contact Sustainable Development Committee: det.sd@deltaww.com
2022
At Glance
Proportion of Green Revenue to total revenue
(Billion Baht)
150 | 27% | 118.6 | |||
120 | 17% | 15% | 23% | ||
84.2 | 20% | ||||
90 | 52.0 | 63.2 | |||
60 | |||||
30 | 61.3 | 91.3 | ||
43.3 | 53.7 | |||
0 | -10% | |||
2019 | 2020 | 2021 | 2022 | |
Green revenue | ||||
High Efficiency ODM product |
GHG intensity 2017 - 2022
Thailand/India/Slovakia (tons CO2e/M USD)
Our Colleages (FTE) | ||||
25,000 | 143 | |||
20,000 | - | |||
15,000 | - | |||
- | 15,241 | |||
11,263 | 12,897 | |||
10,000 | 9,577 | |||
5,000 | 5,247 | |||
- | 3,866 | 4,784 | 4,862 | |
2019 | 2020 | 2021 | 2022 | |
Male | Female | LGBTQIA+ |
Non-Renewable and renewable energy
consumption (GJ)
Executive Summary
• Delta Thailand sees significant growth across all key |
financial metrics especially in revenue, gross profit and net |
profit in 2022 compared with 2021, with headline revenue |
of USD 3.3 billion and net profit of USD 434 million, a sharp |
YoY growth of 28% and 111% respectively. |
• Despite major headwinds throughout the year, Delta |
Electronics Thailand delivered on guidance to achieve all |
of its planned operational and financial targets, alongside |
successful management of critical global material |
shortages to meet business growth in 2022. |
• Continuing market penetration of Delta solution businesses |
in the region especially with EV charging station business |
80 | 69 | ||||||||||
60 | 45 | 52 | 47 | ||||||||
41 | |||||||||||
33.9 | |||||||||||
40 | 29.5 | 29.9 | |||||||||
24.0 | 23.3 | 22.7 | |||||||||
20 | 0.750 | 0.75 | 0.77 | ||||||||
0.64 | 0.65 | 0.7 | |||||||||
0 | |||||||||||
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | ||||||
450,000
300,000
150,000
-
10.4%
31,329
269,260
2019
9.9%
34,546
313,868
2020
8.8% 12.3%
35,483
46,328
365,714 329,081
2021 2022
15%
10%
5%
0%
in Indonesia and Industrial Automation businesses in SEA |
and Australia. |
• Stay committed to sustainable development with business |
transparency, focus on employee well-being, continuing |
support for grooming local startups and engineering |
talents, expand local supplier base to reduce carbon |
footprint and improve delivery time; accelerate adoption of |
Scope 1 | Scope 3 | Scope 1 + 2 |
Proportion of recycled input material
45000 | consumption | 40% |
28.7% |
Non-renewable Renewable Renewable%
Philanthropic Spendings (Million Baht)
renewable energy to meet RE100 by 2030 and many other |
key projects. |
For more information on the 2022 executive summary is publicly available at our Press Release.
26.1% | 9,206 | |||
30000 | 30% | |||
12.8% | 21.9% | |||
6,601 | ||||
3,170 | 20% | |||
15000 | 5,873 | 32,932 | ||
21,571 | 10% | |||
18,744 | ||||
14,601 | ||||
0 | 0% | |||
0.00
0.48
7.86
5.49
0.25
5.79
8.14
0.06
7.65
5.78
0.85
9.67
7.55
2019 | 2020 | 2021 | 2022 |
Virgin material | Recycled material | Recycled input material % |
2019 | 2020 | 2021 | 2022 |
Community Investment Commercial initiative Charitable Donation
DELTA ELECTRONICS THAILAND PCL | SUSTAINABLE DEVELOPMENT REPORT | 4 |
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.
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:
Brand promise
Smarter. Greener. Together
Announced on 27 April 2023
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 discovering 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.
Photos by Finalists of 2022 SD Week Photo Contest under the theme "Diverse and Included, not Divided."
DELTA ELECTRONICS THAILAND PCL | SUSTAINABLE DEVELOPMENT REPORT | 5 |
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Disclaimer
Delta Electronics (Thailand) pcl published this content on 16 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2023 07:12:11 UTC.