Stakeholders: Shareholders/ Customer and Consumers/ Government and Civil Society Sectors
Biodiversity is the foundation of ecosystem services that are essential to Mitr Phol’s business operations, particularly in sugarcane cultivation, where both “sugarcane planting” and “sugarcane yield” are key indicators of business performance across the supply chain. A healthy ecosystem is therefore a critical factor for long-term business resilience. Unsustainable business practices can threaten ecosystems, potentially leading to the degradation of ecosystem services. Thus, preserving and restoring biodiversity to maintain ecological balance is crucial for ensuring long-term stability for both farmers and the business.
To support sustainable growth, Mitr Phol prioritizes biodiversity management and considers the risks that may impact ecosystems. The Company adopts the Taskforce on Nature-related Financial Disclosures (TNFD) framework to better understand and manage nature-related risks and opportunities, while also enhancing transparency through the disclosure of financially relevant information linked to nature. When risks or environmental impacts are identified, appropriate measures are implemented to prevent, avoid, and remediate them. Mitr Phol also works to raise awareness and promote learning within communities, encouraging shared responsibility and appreciation for the value of biodiversity.
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Target
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Performance
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No net loss (NNL) of biodiversity within the Company’s operational scope
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Long-Term Goals: Achieve no net loss (NNL) of biodiversity within the Company’s operational scope by 2030.
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Achieved no net loss (NNL) of biodiversity within the Company’s operational scope.
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Ratio of green space inside the factory area
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Short-Term Goals:
Not less than 5% of the factory area |
14.34% of the factory area
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Tree planting
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Short-Term Goals:
Plant 58,900 trees by 2025. |
In 2024, Mitr Phol Group planted
a total of 56,225 trees. A cumulative total of 666,516 trees has been planted to date. |
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Long-Term Goals:
Plant 1 million trees within 10 years (2022 - 2035) |
Avoid potential future impacts on biodiversity.
Design and manage factory areas, particularly biodiversity-sensitive zones, to ensure they remain unaffected. This includes establishing governance and operational controls to preserve biodiversity and ecosystem richness.
Reduce current impacts on biodiversity.
Improve existing practices to reduce environmental impacts, such as upgrading wastewater treatment systems and applying the “From Waste to Value Creation” concept. This includes converting sugarcane bagasse into renewable energy, transforming molasses into ethanol, processing vinasse—a byproduct of ethanol production—and filter cake, a byproduct of the sugar industry, into biofertilizer, as well as utilizing yeast to produce protein-rich supplements for livestock and pets.
Restore
Conduct ecosystem restoration to return degraded areas to their natural state, for example, designing water storage ponds that help replenish groundwater sources. These systems use natural filtration through soil and rock layers to improve water quality and increase soil moisture. Restoration efforts also include reforestation on degraded land, with the goal of planting 1 million trees over 10 years (2022–2032), in collaboration with various networks and agencies. In addition, the Company supports biodiversity conservation initiatives within community forest areas.
Regenerate and Transform
Promote sustainable farming through the “Mitr Phol ModernFarm” initiative, which regenerates sugarcane cultivation. This includes soil conservation through crop rotation with legumes during fallow periods and the use of green cane trash to blanket and protect the soil. The Company emphasizes efficient water management and encourages the adoption of modern agricultural machinery and technology. These practices help reduce the use of raw materials and labor, lower production costs per rai, and support environmental sustainability.
Number of trees planted
666,516 trees
(163,351 trees planted by the Company and 503,165 trees planted by third parties)
Reforestation area
315.2 hectare
The program engaged
7,207 farmers and community members.
The total operational budget amounted to
50 million baht.
over a 10-year period (2022–2035)
For further information on Mitr Phol Group’s biodiversity promotion activities, please refer to Sustainability Report 2024
