Environmental, Social, and Governance (ESG) September 2018 – www.constantenergy .net
Overview of ESG ESG is a generic term used in capital markets to evaluate corporate behaviour and to determine the future financial performance of companies. Our ESG activities are driven by shared moral principles to do the right thing while inspiring our stakeholders to conduct business in a similar fashion (as opposed to adopting sustainable practices due to peer-pressure). Nakhon Ratchasima (7400 kWp) = eliminates approx. 7800 tons CO2 emissions/year Chiang Rai Solar (9500 kWp) = eliminates approx. 10 717 tons CO2 emissions/year. An increase in Constant Energy’s business activities as an Independent Power Producer (IPP) of renewable solar energy can contribute to a more environmentally sustainable future by decreasing customer reliance on fossil fuels for their energy needs, thus decreasing the amount of carbon emissions produced per year. Our many years of experience as asset managers of geographically diversified asset portfolio also empowers us to identify potential risks at an early stage as well as handle developments in the energy markets where we evolve. This allows us to harmonise business activities along with the growing needs and concerns of surrounding communities, and as a result, we maintain our licence to operate and contribute to the long-term sustainability of our business.
Project Date Description of activity Amount spent Key ESG factor/ Purpose 2013 224 000 THB Mechai Bamboo School, Donated 40 solar panels to Support the local Buriram Province Mechai Bamboo School. community and encourage environmental sustainability 2013 150 000 THB Bangkok International Donated 3 kWp mini PV Support the local station to local school Preparatory & Secondary community and encourage School environmental sustainability Nakhon Ratchasima (NRS) 2013 100 000 THB Fruit Tree Planting Support the local ceremony with schools and community and encourage communities environmental sustainability Chiang Rai Solar (CRS) 2013 150 000 THB Donated 3 kWp mini PV produce clean renewable station to neighbour school energy, and help the school save on electricity costs 18 th February 2013 CRS Donated 150 eyeglasses 45,000 THB Specific health-needs for elder and disadvantaged communities near the plant 30 th September 2014 CRS 112,000 THB Donated 20 modules to Support the PEA in Provincial Energy Authority diversifying its energy (PEA) sources and to save on costs 2 nd September 2015 CRS 19,000 THB Purchased new furniture for Support the public area for PEA. PEA office 16 th December 2015 CRS 10,000 THB Donated to a police station Support police activities in charity concert. the local community
Project Date Description of activity Amount spent Key ESG factor/ Purpose 18 th February 2015 CRS 6,000 THB Donated sport clothes to Support sport activities at neighbouring schools Mealak and Tha Khao Pluak school. CRS 4,000 THB/year January Donated gifts for Children’s Support Children’s Day, and 2015/2016/2017/2018 Day donated gifts for students 19 th May 2017 10,000 THB For student scholarships SEB (Schneider Electric Donated 10,000 THB to Wat Bangpoo) Thong Kao School NRS January 2018 1,000 THB Donated gifts for Children’s Support Children’s Day, gifts Day for students 16 th March 2018 10,000 THB SEB (Schneider Electric Donation to the Wat Khlong Support Children of parents Bangpoo) Gao School (Temple school) that relocated to the located in Samut Prakan, Bangpoo area to obtain Thailand work in one of the industrial factories in Bangpoo 22 nd August 2018 NRS Access Road improvement 933,000 THB Improve public road that connects main road to solar plant
Mechai Bamboo School (Buriram, TH) Khun Mechai Viravaidya is a former politician and activist in Thailand who is revered for his work in promoting family planning, HIV/AIDS awareness, and rural development in the Kingdom. His Foundation operates the Mechai Bamboo School, which educates 180 students in Buriram province, and provides community development assistance to rural government schools and their surrounding communities. He continues to oversee rural development and health initiatives as the Chairman of PDA, now the largest NGO in Thailand, with 600 employees and 12,000 volunteers. On May 29, 2007, PDA was awarded the 2007 Bill & Melinda Gates Foundation's Gates Award in recognition of its pioneering work in family planning and HIV/AIDS prevention. Mechai Viravaidya Foundation 6 Sukhumvit Soi 12 Bangkok, Thailand 10110 Website: www.mechaifoundation.org YouTube: www.youtube.com/watch?v=OO4UQQ83VBM
Mechai Bamboo School (Buriram, TH) 2013: Constant Energy received help from volunteers with expertise in solar power and electrical systems to help setup 40 donated solar panels at the school in Buriram province. The school now serves as a solar training center for community members and endorses many projects.
Bangkok Prep (Bangkok, TH) August 2013: Donated and installed a 3 kWp mini PV station at Bangkok Prep. Its purpose was to help the school better meet its energy needs and to educate students about solar energy as a clean and renewable power resource.
Tree Planting (Nakhon Ratchasima, TH) 25 th June 2013: NRS with students from the neighbouring school planted approx. 2500 trees in front of the Solar plant. The project educated 900 students on renewable solar energy and the role tree planting plays in environmental sustainability.
Installed 3 kWp mini solar plant for school (Chiang Rai, TH) 2013 CRS donated a solar plant to Mae-Lak School nearby the plant for 3 KW PV installed to produce clean electricity, and help the school save on electricity costs.
Donated furniture to Provincial Energy Authority (PEA) in Mea Chan (Chiang Rai, TH) 2 nd September 2015 CRS donated a set of table and chairs for PEA office
Donated 6,000 THB for student sport clothes (Chiang Rai, TH) 18 th February 2015 CRS donated 6,000 THB for Mealak and Thakhaopluak school for sport clothes
Donated 4,000 THB/year to support Children’s Day (Chiang Rai, TH) Every year on January CRS donates 4,000 THB for gifts to the students at Mealak and Thakaopluak school Children’s Day 2018
Donated 1,000 THB to support Children’s Day (Nakhon Ratchasima, TH) ) In January 2018, NRS donated 1,000 THB for gifts to the students at a neighbouring school
Donation to the Wat Khlong Gao School (Temple school) located in Samut Prakan, Thailand. (Schneider Electric Bangpoo, TH) On 16 th of March 2018, Constant Energy and its affiliate Solar Rooftop CE1 Co., Ltd. donated to the Wat Khlong Gao School (Temple school) located in Samut Prakan, Thailand. As part of the ceremony, Constant Energy met the director of the school and the local representative of IEAT (Industrial Estate Authority of Thailand) for the Bangpoo industrial estate which was supportive of the project obtaining the industrial rooftop license which is required to build and operate corporate rooftops in the area. Wat Khlong Gao School comprises 600 students from kindergarten to sixth grade. Most parents relocated to the Bangpoo area to obtain work in one of the industrial factories in Bangpoo. Wat Khlong Gao School enables them to have a place to work, earn money for their families and at the same time ensure education for their children.
Paving of Access Road (Nakhon Ratchasima, TH) The dirt access road connecting the Nakhon Ratchasima Solar Farm to the main road is difficult to access (especially during rainy season as shown below). As it is a public road, both Constant Energy stakeholders and neighboring farmers risk damage to their property or themselves, thus motivating the initiative to pave the entire section in 2018. The opening ceremony was held on 22 nd August 2018
Governance: ISO Certificate
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