The Company intends to operate under corporate sustainability strategies while continuously developing and improving operational efficiency through encouraging communication with employees, suppliers, and relevant stakeholders. To achieve sustainability operational goals, the governance and economic, social, and environmental dimension implementations are detailed as follows:
7 Go Green strategy
The Company aspires to environmentally friendly business operations utilizing the “7 Go Green” strategic framework which promotes, prevents, maintains, and reduces environmental impacts aligned with international standards, United Nations Sustainable Development Goals, and respective local laws, rules, and regulations within the country of operation. 4 main approaches in collaboration with stakeholders to implement sustainable environmental promotion projects are detailed as follows:
Environmentally friendly store management (Green Store)
7-Eleven stores and distribution centers integrate environmentally conscious architectural designs, construction, equipment, and energy management systems.
Environmentally friendly logistics and distribution (Green Logistic)
Transportation and delivery of goods utilizing environmentally friendly alternative energy systems.
Environmentally friendly packaging management (Green Packaging)
Private Brand Products, which are Company controlled,use environmentally friendly packaging and are recycle process compatible in accordance with the circular economy concept.
Build environmental consciousness (Green Living)
Promote life quality and environmentally friendly engagement within society and communities.
In 2O23, the Company maintained ongoing sustainability projects while initiating new projects. Outstanding performance projects include the electric vehicle (EVs) in transportation and delivery promotion project which reduces fossil fuel consumption, energy conservation project, and solar energy production projects via Solar PV Rooftops at 7-Eleven stores and distribution centers, and circular economy projects. Circular economy projects include plastic waste recovery and value addition through utilizing recycled plastic bottles as raw materials for employee shirts, pallet shrink wrap from distribution centers as bags project, and pallets used as bottled water display bases in front of 7-Eleven stores in addition to environmental protection awareness projects in collaboration with stakeholders, which consist of suppliers, opinion leaders, government sectors, etc., throughout the value chain.
7 Go Green strategy performance
Environmentally friendly store management (Green Store)
Strategy Implementation
2023 Performance
Environmentally friendly logistics and distribution (Green Logistic)
Strategy Implementation
2023 Performance
Environmentally friendly packaging management (Green Packaging)
Strategy Implementation
2023 Performance
Build environmental consciousness (Green Living)
Strategy Implementation
2023 Performance
7 Go Together strategy
The Company operates socially according to the Company’s Corporate Social Responsibility Policy announced in 2O17, which focuses on education and social values in line with the Global Sustainable Development Goals (UN SDGs) under 3 creative approaches as follows:
Creating a future for Learning
Promote education, youth development, arts and culture
Creating skills and providing distribution channels
Creating relations for a better quality of life
The Company supports community educational opportunities, inclusive of skills and knowledge upgrading essential towards pursuing careers and earnings, through educational institution establishments and granting scholarships to underprivileged youths and vulnerable groups. This approach supports societal access to quality education at all levels. SMEs, community enterprises, small-scale entrepreneurs, farmers and vulnerable groups receive skills training essential towards business operations and receive product distribution channel support as a means to promote community careers and income generation as specified in the Center 7 project (ALL SME MARKETPLACE). Additional Company efforts include promoting well-being and good quality of life for communities and society, which include establishing community health centers, disaster relief efforts, and public spirit raising activities which culminate to community development and forming relationships, etc.
7 Go Together performance
Creating a future for Learning
Strategy Implementation
2023 Performance
Creating skills and providing distribution channels
Strategy Implementation
2023 Performance
Creating relations for a better quality of life
Strategy Implementation
2023 Performance
7 Go Right strategy
The Company aims to conduct business according to good corporate governance policies which align with organizational overnance principles, laws, and relevant international practices under 2 main guidelines:
Intra-organization
Inter-organization
The Company operates under good corporate governance policies and encourages employee conduct with transparency, fairness and consideration of human rights and labor practices, which includes risk management through revising emerging risks. Mentioned risks pertain to Generative AI technology in e-Commerce business, shifts to a completely aging society and impact of insufficient products to meet elderly needs, and packaging policies enforcement with potential for business operations impact within 3-5 years. As a means for preparation and prompt response, the Company reviewed various material sustainability risk issues to determine risks and appropriate measures to mitigate respective risk. The Company moreover focuses on external governance issues which encompass suppliers to prevent potential risk and initiate modifications which enable contemporary sustainability transformations in business practices.