CLIMATE CRISIS: A THREAT TO THE WORLD AND THE PATH TO SUSTAINABILITY THROUGH CLEAN ENERGY.
The climate crisis is a severe threat to the world, impacting the environment, economy, society, and global security. Rising temperatures, natural disasters, and rising sea levels are all warning signs. If we do not take serious action, our planet will face unpredictable and devastating consequences.
COP28, the 28th session of the United Nations Climate Change Conference, was held in Dubai, United Arab Emirates, from November 30 to December 12, 2023. It served as a crucial platform for countries worldwide to discuss, collaborate, and establish strategies to combat the climate crisis.
The United Nations’ Sustainable Development Goals (SDGs) set forth objectives related to energy, emphasizing access to sustainable, affordable, safe, and reliable energy for all. Promoting renewable energy sources such as solar, wind, and hydropower is therefore essential.
Solar power generation is a key solution to mitigating global warming. As a leader in solar energy in Thailand, EQSC is committed to developing technology, expanding production capacity, and continuously promoting the use of solar energy.
Environmental, Social, and Governance (ESG) Policy to Ensure Investor Confidence
Equator Solar Capital Co., Ltd. is committed to building credibility with investors by adhering to the principles of governance, transparency, accountability, and considering all stakeholders, as follows:
CORPORATE GOVERNANCE POLICY:
Establish a Professional and Diverse Board of Directors:
The board should consist of individuals with knowledge, expertise, and experience in the solar energy business, shareholder representatives, and representatives from civil society. The board is responsible for setting strategies, overseeing management, and ensuring that the company’s operations comply with laws, regulations, and governance principles.
Create an Effective Internal Audit Mechanism:
The company should have an efficient internal control system, including accounting systems, reporting systems, internal audit systems, and risk management systems. These mechanisms ensure that the company’s transactions are transparent, traceable, and free from corruption.
Promote a Culture of Transparency and Accountability:
The company should foster a corporate culture focused on transparency, accountability, and responsibility to all stakeholders. Employees should be trained on governance principles, anti-corruption policies, and grievance channels.
Disclose Business Information Regularly:
The company regularly discloses business information, policies, plans, performance, and risks through various channels such as the website, annual reports, and investor information documents. The information should be accurate, complete, and up-to-date.
Support Community Development Projects:
The company should support community development initiatives in areas where it operates, such as education development programs, public health projects, career promotion initiatives, and environmental conservation efforts.
Promote Human Rights and Equality:
The company should respect human rights, treat employees and business partners fairly and equally, and ensure non-discriminatory practices. It must also prohibit child labor and forced labor.
Enhance Safety and Health Standards:
The company should promote a safe and healthy working environment, ensure employee well-being, and provide training on workplace safety.
ENVIRONMENTAL POLICY :
Promote Solar Energy Use:
The company should encourage the use of solar energy, develop efficient solar energy technologies, and support the installation of solar panels in households, businesses, and industries.
Reduce Greenhouse Gas Emissions:
The company should minimize greenhouse gas emissions from its operations by using energy efficiently, reducing reliance on fossil fuels, and engaging in reforestation efforts.
Encourage Sustainable Resource Management:
The company should optimize raw material usage, reduce waste, promote recycling, and…