Product Stewardship
Challenges and Commitments
Nowadays, consumers have a tendency to buy products that are environmentally friendly and safe for the health. Therefore, it is an opportunity for GGC to develop and expand the product business to respond to changing consumer needs. The company is committed to continuously delivering products that are friendly to consumers and the environment by emphasizing the operation of product stewardship to increase business opportunities. In addition, the Company also aims to reduce the risk of impacts on the environment and the health of consumers from the production and use of its products, which may negatively affect the reputation and business operations of the Company.
Key Stakeholders
Government
Supplier and Business Partner
Goals
received the Carbon Footprint Product (CFP) certification in 2022
the Carbon Footprint Reduction (CFR) label or the Global Warming label in 2022.
Management Approach
Sustainability Product Strategy
Life Cycle Assessment GRI 416-1 (2016)
GGC has applied the Life Cycle Assessment (LCA) and the 3Rs principles to the design and production process of products, covering raw material acquisition, production, usage, final waste management, and transportation in every step to reduce the impact on the environment and community throughout the product life cycle, as well as to use resources for maximum efficiency.
For the 6th consecutive year, the Company has assessed the life cycle of products according to ISO 14040 and ISO 14044 standards under the Carbon Footprint Products (CFP) label and Carbon Footprint Reduction (CFR) Label. In 2022, 100% of the Company's products received the Carbon Footprint Product (CFP) certification. In addition, 50% of the company's products received the Carbon Footprint Reduction (CFR) label or the Global Warming label in 2022.
GGC continuously develops low-carbon products with the aim of reducing greenhouse gas emissions throughout the product life cycle while responding to the shift in customer demand towards a low-carbon society. The Company’s main products are divided into 2 main types, namely low-carbon products and products that reduce greenhouse gas emissions.
For more details about more about product stewardship, see Integrated Sustainability Report 2022
- Bio-complex investment project to develop the bio-economy phase 2 The company collaborated with KTIS Bioethanol Co., Ltd. and Kaset Thai International Sugar Corporation Public Company Limited to build the Nakhon Sawan Biocomplex (NBC) Phase 2 to invest in developing low-carbon products through biofuel production and various utilities using sugar cane as raw material as well as in developing infrastructure and utilities in order to support upcoming projects.
- Methyl Ester Solvent Distribution Project to produce insecticide The company studied the development of solvent in the insecticide group of products from methyl ester, which is a product that comes from plants and can be decomposed naturally. It is a chemical that is less flammable than Xylene. The product promotes safety for farmers and product users.
For more about the product summary table that has been certified with the Carbon Footprint Label and the global warming label, see Integrated Sustainability Report 2022 under the Sustainable Products chapter.
Benefits of Eco-Friendly Products
All of the Company’s products are made from natural raw materials that can be renewed, such as palm oil and sugarcane, etc., with a ratio of natural raw materials of 100 percent, which is considered an environmentally friendly and safe for consumers. The benefits received from the 3 main products are:
The Company has developed 14 Eco Screening Criteria to assess the eco-friendliness of products. These criteria encompass the entire lifecycle of the product, from the sourcing of raw materials to its usage. More detailed information on Eco Screening Criteria
Management of Hazardous Substances in Products
Hazardous chemicals in products can affect the health of consumers and the environment. All of the Company’s products are made from natural raw materials. The Company’s production factories continue to focus on the use of hazardous chemicals according to laws, such as LPG Methanol, Hydrogen, Toluene, Sulfuric acid, Potassium Hydroxide, etc., along with hazardous substance management, both in terms of legal requirements and control requirements according to relevant national and international standards, such as the list of Substances restricted under REACH, ozone depleting substances according to the obligations of the Montreal Protocol, the Registration Evaluation Authorization and Restriction of Chemicals (REACH), and the Restriction of Hazardous Substances (RoHs) registrations, etc.
In addition, the Company has prepared a Safety Data Sheet (SDS) and environmental impact classification data of environmental effects of systemic chemicals according to the UN GHS Category system under the Globally Harmonized System for Classification and labeling of Chemicals (GHS), with the objective of communicating chemical safety information to all stakeholders, such as operators, suppliers, customers, and communities, etc.
Health Risk Assessment
The Company plans to carry out a risk assessment of hazardous substances in products that affect the health of workers, according to the announcement of the Ministry of Industry No. 4439 (BE 2555) issued under the Industrial Product Standards Act B.E. 2511 regarding Industrial Product Standards for Chemical Risk Assessment for Workers' Health in Industrial Plants. The assessment has been continually conducted since 2021, covering 100% of all products. The assessment result found that none of the Company’s products fall in the risk group that contains hazardous substances. In addition, the Company communicates the risk assessment plan to relevant employees through various channels, such as e-mail, meetings, training and knowledge dissemination activities.
Furthermore, the Company plans to study and develop the risk assessment criteria for hazardous substances in products that affect the environment with reference to the criteria and requirements of the International Council of Chemicals Association (ICCA).