Climate Change Management
Starflex Public Company Limited recognizes that climate change is a significant issue that may have long-term impacts on the economy
Climate Change Management
Starflex Public Company Limited recognizes that climate change is a significant issue that may have long-term impacts on the economy, industrial sectors, supply chains, and the quality of life of society. This is particularly relevant to the flexible plastic packaging industry, which involves the use of energy, petrochemical-based raw materials, and manufacturing processes that may contribute to greenhouse gas emissions.
The Company is therefore committed to conducting its business in accordance with sustainable development principles, with a focus on managing climate-related impacts, improving energy efficiency, reducing greenhouse gas emissions, and developing environmentally friendly packaging innovations to support the transition toward a Low Carbon Economy.
Climate Change Objectives
- Improve energy efficiency in manufacturing processes.
- Reduce greenhouse gas emissions from operational activities.
- Promote efficient resource utilization and reduce waste.
- Develop recyclable and environmentally friendly packaging solutions.
- Promote the principles of the Circular Economy.
- Strengthen climate-related risk management capabilities throughout the supply chain.
Climate Change Management Approach
The Company places importance on efficient energy management throughout its flexible plastic film and packaging manufacturing processes. The Company continuously monitors, analyzes, and improves the energy efficiency of its machinery and equipment.
The Company conducts regular preventive maintenance in accordance with established maintenance plans to reduce energy losses, minimize production disruptions, and enhance overall operational efficiency.
In addition, the Company supports the adoption of technology and automation systems to control manufacturing processes, thereby reducing energy consumption and improving production accuracy, in alignment with the Company’s Net Zero greenhouse gas emissions target.
The Company is committed to reducing greenhouse gas emissions arising from its operational activities by improving energy efficiency, minimizing production waste, and optimizing the use of resources.
Key initiatives include:
- Reducing raw material losses during the manufacturing process.
- Improving production planning and efficiency.
- Reducing waste and promoting recycling.
- Enhancing logistics and transportation efficiency.
- Supporting the use of recyclable materials.
The Company recognizes that mitigating climate change impacts requires collaboration among all stakeholders throughout the supply chain, including customers, suppliers, and business partners, in order to jointly develop more sustainable production and consumption systems.
The Company places importance on developing innovative packaging solutions that help reduce environmental impacts and support the reduction of greenhouse gas emissions throughout the product life cycle.
The Company focuses on developing packaging solutions that:
- Are recyclable.
- Use less material through Lightweight Packaging.
- Support Mono-Material packaging concepts.
- Reduce barriers to packaging sorting and recycling.
The development of such packaging solutions helps reduce resource consumption, minimize packaging waste, and support the principles of the Circular Economy, which is an important approach to addressing climate change at the global level.
The Company recognizes that climate change may affect business continuity, including energy costs, volatility in raw material prices, natural disasters, and increasingly stringent environmental requirements.
The Company therefore continuously monitors and assesses climate-related risk factors and develops management plans covering energy, raw materials, and the supply chain. These efforts aim to strengthen the Company’s resilience and adaptive capacity while minimizing potential long-term impacts on its business operations.
In addition, the Company promotes collaboration with suppliers and business partners to jointly enhance environmental standards and climate change management practices throughout the supply chain.
The Company supports the development of environmental and climate change awareness among employees through internal communications, training programs, and ongoing environmental awareness activities.
The Company also encourages employees to participate in proposing initiatives to reduce energy consumption, minimize waste, and improve resource efficiency. These efforts aim to foster a corporate culture that embraces sustainability and responsible environmental practices.