69 O N E R E P O R T 2 0 2 2 OVERVIEW BUSINESS OVERVIEW AND PERFORMANCE CORPORATE GOVERNANCE FINANCIAL INFORMATION SUSTAINABLE BUSINESS DEVELOPMENT Sustainability Management Policy and Sustainability Commitment (GRI 2-22, 2-23, 2-24, 2-27) Thai AirAsia is committed to providing guests with excellent travel services while enhancing our value chain through responsible business practices. Through observance of our 3G (Good/Green/Growth) sustainability strategy, we address our stakeholders’ expectations in the three pillars of economy, society and the environment. We believe that the 3G approach can be applied to every action to ensure that we consistently deliver on our commitment to sustainable development. In 2022, we aligned Thai AirAsia’s Sustainability Policy with the Capital A group aspirations and commitments. • Meet and uphold all environmental standards issued by the International Civil Aviation Organization and applicable civil aviation authorities. • Align ourselves with the International Civil Aviation Organization’s Long TermAspirational Goal to reach net zero by 2050. • Invest in the most efficient fleet and continue to innovate operational efficiencies that reduce fuel consumption and CO2 emissions. • Explore further carbon reduction opportunities- especially through the utilisation of sustainable aviation fuels and carbon offsets. • Conserve natural resources by optimising resource consumption, especially fuel, electricity and water. • Manage waste under the 3R principles to Reduce, Reuse and Recycle. Sustainability Policy Since its establishment as Capital A (previously known as AirAsia Group), the Company has remained at the forefront of innovation in the aviation and travel industries. The Company has now expanded into new digital businesses, acknowledging the importance of flexibility in different dimensions. The Company is committed to rebuilding for the future by minimising our environmental footprint, securing the integrity of our systems and serving our communities. The Company continues investing in our talent and creating the best conditions for them to thrive. Towards meeting its commitment, the Company acts according to the following policies: Environment
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