Page 179 - CRC_One Report 2021_EN
P. 179

Business Overview and Performance      Corporate Governance     Financial Statements   Enclosure



         In 2021, the sustainability has become an integral part of the Company’s main strategy with the key concept of
         creating resilience in business operations (Resilience Reimagined). This key concept consists of 1) Responding to
         financial risk (Financial Resilience), 2) Responding to changes in business in a timely manner (Operational Resilience)
         including the transformation of business channels into Omnichannel and digital development to better meet
         the demands of consumers and 3) Gaining confidence of stakeholders through sustainable business operations
         (Reputational Resilience) by implementing the aforementioned sustainable development vision.





                          Resilience Reimagined: Rethinking Across the Three Pillars of Change



                           B

                  Financial Resilience            Operational resilience            Reputational resilience

             Ensure continuity and prudently   •  Protect operation continuity  Take purpose to a new level
             managed short-term uncertainties  •  Accelerate digitalization     and becoming in tune with
                                               •  Build talent resilience
                                                                                society to achieve trusted
             •  Protect profit                                                  corporate reputations
             •  Manage Iiquidity
                                                                                •  Environment
             Long term growth
                                                                                •  Social
             •  Omnichannel acceleration
             •  Strengthening and expanding                                     •  Governance and Economic
               the core business
             •  New growth engine                                               Continuously prioritizing business
                                                                                operations to grow sustainably with
             •  Make bold portfolio moves with
                                                                                a hands-on approach-recently proven
               new format and business
             •  Strategic M&A and innovative                                    having been listed as THSI in
                                                                                the first year of evaluation
               new partnerships
            “Central to Life” continues to lead us in everything we do. It takes success through a strong purpose, together with people and passion to pave the way
            forward-not to return to normal but better. With bold leadership, Central Retail maintains confidence and continue the momentum for change to
            capture opportunities of tomorrow. Taking the spirit of possibility to lead in 2022.


         Based on the sustainability strategies and action plans, the Company has set a mission to operate its business
         under sustainable management in accordance with the United Nations’ Global Goals for Sustainable Development
         (UN SDGs) to build confidence and to align the Company’s development plan with international goals.


                               2025 Targets are in line with the UN SDGs with details as follows:

                Sustainability Framework              ESG Dimensions                  Sustainable Development Goals
                                         Healthy and Safe Products
               The Well-Being of the People
                                         Human Capital Development

                                         Innovation
               Sustainable Economic Growth
                                         Customer Relationship and Brand Management

                                         Climate Change and Energy
                   Environment Quality
                                         Waste Management and Circular Economy

                      Peace, Arts,
                Culture, and Cooperation   Community Contribution and Product Development



                                                                           Annual Report 2021 (Form 56-1 One-Report)  179
   174   175   176   177   178   179   180   181   182   183   184