UBE GROUP A Business That Grows Sustainably Through Care in Every Dimension UBE : UBE CARE
Sustainability Principles and Framework
Ubon Bio Ethanol Public Company Limited and its subsidiaries (the “UBE GROUP”) operate under the vision of "To be a leading organization committed to enhancing quality of life and societal well-being through innovations in organic agriculture, food, and bio-based industries for sustainable development." The Company is committed to achieving business growth while maintaining a balanced approach to stakeholder care by integrating corporate sustainability management across all environmental, social, and governance (ESG) dimensions throughout every stage of its operations and across the entire business value chain. The Company promotes stakeholder engagement to foster confidence among all stakeholder groups, while placing importance on enhancing operational efficiency, continuously developing innovation, upholding good corporate governance, and conducting business with transparency. The Company remains committed to sustainable development goals at both the national and international levels, including the United Nations Sustainable Development Goals (SDGs).
Managing Mutually Reinforcing Economic and Environmental Value
Creating Strong Communities and a Better Environment
Supporting Employees and Farmers to Progress Together with UBE
UBE GROUP oversees sustainability through the Risk Management and Corporate Sustainability Committee, senior management, and the Sustainability Working Committee to ensure that its operations and disclosures are complete, accurate, and reliable, while addressing the expectations of all stakeholder groups.
The Company has adopted the Sustainability Reporting Manual for Listed Companies, the sustainability indicators for the energy and food industry groups, and the FTSE Russell ESG Scores framework as guidelines for its operations and disclosures to enhance its sustainability management standards, enabling transparent verification and international comparability.
Business Strategy and Sustainability Strategy
"Business Strategy... Integrated with Sustainability Strategy" UBE GROUP has established its sustainability management policy by integrating its business objectives and business strategy with the three dimensions of sustainability management: Environmental, Social, and Governance (ESG), to create tangible positive impacts for stakeholders throughout the value chain. The Group focuses on operations that are measurable and transparently verifiable, while regularly assessing risks and opportunities in both the business and ESG dimensions (Risk & Opportunity) to establish proactive management approaches and strengthen its ability to adapt to long-term change. Under this concept, UBE GROUP has developed a proactive and forward-looking strategic approach through the "4 BEYONDS," consisting of:
1U : Beyond the Challenges
UBE Goes Beyond Business Challenges Through Continuous Adaptation to Build Long-Term Resilience and Competitiveness.
Business operations are divided into the following two BEYONDS groups:
1U : Beyond the Challenges
Group 2: Beyond Food
2U : Beyond through Innovation
UBE goes beyond and further through research and development innovation to strengthen its competitiveness and drive long-term growth.
The Company focuses on research and development throughout three areas of its business value chain: Biotechnology, Food Technology , and Plantation . Dedicated R&D teams are established within each business unit, adopting an integrated working model in collaboration with specialized public and private sector organizations. At the same time, the Company fosters an organizational culture that encourages every employee to become an **Innovator**, creating new ideas in the workplace, continuously developing their capabilities and expertise, and collectively strengthening the Company's adaptability to rapidly changing external factors.
3U : Beyond Sustainability
UBE advances toward the future on an ESG foundation while creating shared value through the Regenerative Economy.
UBE drives future growth on the foundation of Environmental, Social, and Governance (ESG) while creating shared value with stakeholders through the Regenerative Economy. The Company integrates its business strategy with its sustainability strategy across the three ESG dimensions—Environmental, Social, and Governance—to foster balanced and sustainable long-term growth.
The Company's systematic sustainability management process covers the following:
- Policy, Governance Structure, and Working Committees
- Materiality Assessment
- Stakeholder Analysis Throughout the Value Chain
- Risk & Opportunity Assessment
- Target and Strategy Setting
- Continuous Improvement
- Transparent Disclosure
This process strengthens confidence in the Company's business operations, enhances its global competitiveness, and supports the Company's sustainable growth.
4U : Beyond Generation
UBE advances with the power of well-being and a new way of life to promote well-being.
UBE recognizes the importance of Well-being, beginning within the organization by promoting the physical and mental well-being of its employees, enabling them to contribute positively to society. The Company also extends this concept into its business by exploring new opportunities to develop businesses that promote well-being across society, supporting the lifestyles and well-being of people of all generations.
Sustainability Strategy
Building on the Beyond Sustainability business concept to create a value chain that delivers products to stakeholders, UBE drives corporate sustainability together under the UBE CARE framework.
Building a Sustainability Culture: Working Together with UBEYOND
People are the most important factor in achieving sustainable business. UBE GROUP encourages its executives and employees to embrace behaviors and mindsets that reflect sustainability across all ESG dimensions. The Company cultivates its corporate culture through communication and engagement under the UBEYOND framework, supported by mechanisms that create meaningful measurement of sustainable behaviors.
