MESSAGE FROM CEO
To Our Shareholders and Stakeholders,
In the past 2-3 decades, Thailand's economy has developed rapidly, whether in urban development, which has grown quickly in Bangkok and provinces, advancements in technology, mass transit systems, and infrastructure that comparable to the developed countries. Thai Koon Group is a great pride to be a part of driving Thailand’s economy along 67 years, which grow Thai Koon Group to be one of the leading manufacturers of steel pipes and steel chains in the country, not only continuously contributed to the economic sector, but also to the development of society, communities, and the environment each year.
In the past 2-3 years, the business landscape has completely changed from the challenges of multiple dimensions, such as geopolitical conflicts that effect to the largest shifts of global supply chain in history, the rapid and severe climate change crisis, and the rapid technological advancements in AI which will disrupt business operations in any dimensions that we never seen before.
To cope these challenges, Thai Koon Group has made major changes in our organization with a new vision: "To lead Thai Steel Industry moving forward to sustainable supply chain." This vision drives the organization under the brand "Thai Koon Group," which is our commitment to developing the steel business to be moreover the good steel, in line with our brand position "Beyond Good Steel." The company will operate under the principles of 3R: Regenerative, Resilience, and Responsibility and setup 4 brand attributes: Good Head, Good Hand, Good Heart, and Good Hope to ensure that the business operates according to our brand promise: "To multiply all value for business, society, and environment."
Regarding to our Net Zero plan, we commit to conduct our business responsibly toward the environment and set it as a key success for the group to achieve carbon neutrality by 2050 and Net Zero by 2057, which will create a sustainable future of society and the world and pass on its to next generations. In the short-term plan, compared to 2019, we aim to reduce carbon emissions by 60% within 2030, which will provide a strong foundation to support our long-term goal.
Additionally, to align with the business operations of next period, the first time, Thai Koon Group is stepping into a new dimension of the Thai steel industry under the purpose "Regenerate Thai Steel Industry," with the objective to restructuring and elevating the Thai steel industry to overcome the challenges of the significant transition toward a new landscape. This will create the most positive impact on society and the environment, maintain global competitiveness sustainably, and keep the business under Thai ownership (Pride of Steel, Pride of Thai). Thai Koon Group intends to be a part of this transformation with these purposes (Purpose Driven Organization).
Sincerely,
Mr. Sanguan Sakunworaratana
Chief Executive Officer
Thai Koon Group