Minor International Public Company Limited

Sustainability Goals and Performance 2022

Minor established an initial set of Sustainability Goals in 2018 which addresses our materiality topics as well as responds to 8 UN Sustainable Development Goals. The goals are tracked, updated, and added according to business relevancies and global sustainability trends.

Minor pledges to become a “Net-Zero Carbon Organization by 2050” and has commenced setting near-term and net-zero science-based targets to be approved by the Science Based Targets initiative (SBTi). While we are in the process of setting the science-based targets, in 2022, we decided to set 3 new Planet goals using Cornell Hotel Sustainability Benchmarking Index 2021 as a guideline.

Minor is cognizant of the increased significance of occupational health and safety, and well-being within our organization and continue to reinforce our Occupational Health & Safety (OHS) & Well-being Framework. We introduced a new People goal of “Zero annual work-related fatality of employees” to promote Minor as safe and healthy workplace.

Remarks:
(1) Refer to MCU students in Thailand under Dual Vocational Education and Explorer programs, but does not include normal student interns
(2) Current scope includes Thailand and Australia’s local critical food and packaging suppliers and Minor Food Thailand’s project management suppliers.
(3) One critical high risk supplier was not audited as the supplier was moving the company’s location and asked for audit to be postponed
(4) 5 of 10 key Minor Food brands offered at least one new sustainable or healthy menu in 2022:

  • Thailand: Burger King, The Coffee Club, Dairy Queen, Sizzler, and Swensen’s
  • Australia & Middle East: The Coffee Club

(5) The goals have been achieved with the inclusion of NH Hotel Group.
(6) Measured by intensity (per room sold)
(7) Measured by intensity (tons/ total system sales in Baht million using fixed 2021 FOREX)
(8) Measured by intensity (tons/ total system sales in Baht million using fixed 2021 FOREX)
(9) From Thai Institute of Directors Association (IOD) Corporate Governance Report of Thai Listed Companies
(10) Current scope includes all full-time and part-time employees in Thailand and 23 countries