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Supply Chain Management

Supply Chain Policy


AI Energy Public Company Limited (“the Company”) places importance on responsibly managing the value chain to those stakeholders involved in the business value chain, a critical factor that influences the efficient delivery of products from the production process to customers. Therefore, the Company's business value chain management encompasses activities ranging from selecting potential partners, managing partners, to providing services and delivering products to customers, aiming to create satisfaction for all stakeholders throughout the value chain. This includes analyzing and assessing the impacts on the social and environmental aspects throughout the supply chain to increase opportunities, reduce risks, enhance transparency, and strengthen the long-term relationships with partners and business allies.
Guidelines for Supply Chain Management:
The Company establishes a supply chain management policy that aligns with socially and environmentally responsible business operations. It adheres to business ethics strictly for partners, aiming to prevent unfair partner selection, trade restrictions, and unfair competition, as well as preventing corruption in each supply chain. The following are the key points:
  1. Partners:
  2. Partner Selection Process:
    The Company has a procurement process and fair contract terms, and it selects, registers, and monitors partners equally through a standardized evaluation process. The evaluation criteria include partner performance in quality, safety, financial, social, and environmental responsibility, human rights, fair employment, and business continuity. Once selected, partners are registered in the Approved Vendor Lists, categorized into 3 categories; raw materials, services, and others, ensuring that the Company receives efficient inputs for its operations.
    Performance Evaluation of Partners:
    The Company conducts regular evaluations of its raw material partners to track their performance and promote sustainable business development. The supplier evaluation covers social and environmental issues. If a supplier is found to have a high risk that may affect the quality of raw materials or the ability to deliver them, the Company develops a corrective action plan to address the issues, providing guidance for the partner to understand and implement measures to reduce risks in future business operations.
  3. Customers:
  4. The Company is committed to producing products and services with responsibility towards customers, ensuring that consumers receive goods and services that are of high quality, safe, and meet their maximum requirements. This is done in compliance with relevant laws and standards, taking into consideration health, safety, fairness, customer data protection, after-sales service throughout the product lifespan, and monitoring customer satisfaction to improve and enhance products and services. The Company has been audited and certified with ISO9001, ISO14001, ISO45001, ISO22000, FSSC22000, and RSPO by various certified bodies, assuring customers that our products and services are of high quality, safe, and support palm oil sustainability.
  5. Environment:
  6. The Company demonstrates environmental responsibility by preventing, reducing, managing, and ensuring that it does not create or contribute to negative environmental impacts. This covers the use of raw materials, energy consumption (for production, transportation, or office use), water usage, circular resource utilization, emissions, and waste management resulting from business operations.
The Company has established a Business Ethics for Partners to promote sustainable business practices that align with the Company's operations.
Targets and Results
Indicators Targets
(%)
Results
(%)
year 2023
Sending Business Ethics for Partners to Suppliers (Raw ma terial) and Customers 50 100
Partners who have acknowledged the B usiness Ethics for Partners 100 100
Upload : 14 November 2023