Our Key ESG Commitment
Climate change is a crucial issue of our time and addressing it will require significant collaboration and innovation. The Paris Agreement marked the most significant universal commitment from global leaders to limit the increase in global temperatures to well below 2.0C and to strive for efforts that would limit it to 1.5C. Its objective is to achieve global net zero emissions, where the amount of greenhouse gases (GHG) emitted is balanced by the amount removed from the atmosphere. In support of this goal, the UK Government has pledged to achieve net zero by 2050 and has set out ambitious plans for all industries while encouraging businesses to join the effort.
As responsible global citizens, every business bears a responsibility to take action on climate change and contribute to the reduction of GHG emissions. Knight Frank is committed to the global race to net-zero and has set a target to achieve net zero by 2030 worldwide, with the UK striving to achieve this goal by 2027. This commitment is a significant step towards reducing the impact of our operations on the environment and represents our contribution to global efforts towards net-zero emissions. We recognize that achieving this goal will require a significant effort, and we are committed to working collaboratively with stakeholders to reach this objective.
We are implementing STBi framework for moving toward a net-zero future
Knight Frank Thailand is committed to reducing our greenhouse gas (GHG) emissions and moving towards a net-zero future. To achieve this goal, we are following the Science-Based Targets initiative (SBTi) approach, which provides a framework for setting targets that are aligned with the latest climate science.
By adopting the SBTi approach, we are setting targets that are ambitious, meaningful, and consistent with the goals of the Paris Agreement. This approach is grounded in the latest climate science and takes into account the specific characteristics of our business and the industries in which we operate. It allows us to identify and prioritize the most significant sources of GHG emissions in our operations and supply chains, and to develop strategies for reducing our impact.
As part of our commitment to the SBTi approach, we are regularly measuring, monitoring, and reporting our GHG emissions, using recognized frameworks and standards such as the Greenhouse Gas Protocol. This allows us to track our progress toward our targets and identify opportunities for improvement.
We are implementing ISO 14001 for Environmental Management Systems
We are proud to announce that we are implementing the ISO 14001 standard for environmental management in our ESG department. This standard provides a framework for managing our environmental impact and improving our sustainability performance. By adopting this standard, we are demonstrating our commitment to environmental stewardship and sustainability. We are setting high standards for our operations and are continuously improving our management systems to minimize our environmental impact.
We are committed to complying with applicable laws and regulations related to environmental management, and we strive to exceed the expectations of our stakeholders. By implementing this standard, we are aligning our business practices with internationally recognized best practices for environmental management. We recognize that implementing this standard will require significant effort and collaboration, both within our organization and with our stakeholders. We are committed to working closely with our employees, suppliers, customers, and other stakeholders to ensure that we achieve our sustainability and environmental management goals.
We are implementing ISO 9001 for Quality Management Systems
We are pleased to announce that we are implementing the ISO 9001 standard for quality management in our ESG Department. This standard provides a framework for ensuring consistent delivery of high-quality services that meet our customers and public expectations. By adopting this standard, we are demonstrating our commitment to customer satisfaction and continuous improvement. We are setting high standards for our operations and are continuously improving our management systems to enhance the quality of our services. We are committed to complying with applicable laws and regulations related to quality management, and we strive to exceed the expectations of our customers. By implementing this standard, we are aligning our business practices with internationally recognized best practices for quality management.
Our Independence Statement
Knight Frank Thailand is committed to maintaining the highest standards of independence and objectivity in our advisory and ESG reporting services. We recognize that our clients and Public rely on us to provide accurate and unbiased information and advice, and we take this responsibility very seriously.
To ensure our independence, we have implemented rigorous internal controls and processes that are designed to mitigate any potential conflicts of interest. We have established clear guidelines and policies for our employees to ensure that they maintain their objectivity and impartiality in all of their work. We also regularly review our processes and practices to identify and address any potential risks to our independence.
In addition, we are committed to complying with all applicable laws, regulations, and professional standards related to independence and objectivity. We work closely with our clients to ensure that we understand their specific needs and objectives, and we tailor our services to meet those needs while maintaining our independence and objectivity.
By maintaining our independence and objectivity, we are able to provide our clients with the highest quality advisory and ESG reporting services. We are committed to upholding the trust and confidence that our clients place in us, and we will continue to invest in the systems and processes that are necessary to maintain our independence and objectivity in the future.
We are committed to multiple policies following Thai Regulations and UK standard
General Data Protection Regulation (GDPR) and Personal Data Protection Act (PDPA): Knight Frank maintains a policy of securing personal and business information in accordance with the Personal Data Protection Act of Thailand. We take into account the methods and procedures for importing, storing, and accessing data, and assign clear access rights that can be monitored and checked.
Anti-Corruption Policy: Knight Frank has an anti-bribery and corruption policy in place and agrees to comply with Anti-Bribery and Corruption Laws. We have developed and implemented policies to control the risk of fraud, and all staff and consultants working for or representing Knight Frank will follow the rules set forth.
Financial Fraud Control Policy: Knight Frank has a policy of not accepting cash to pay for common fees. We appoint specific personnel to receive payments from residents and send daily revenue reports by a specified time. We also have a policy for employees to issue receipts for every transaction, which are documented and can be checked.
Procurement Policy: Knight Frank has transparent and fair procurement procedures that can be checked. We treat all partners and contractors with fairness, providing complete and accurate information. In our purchasing process, we conduct price comparisons from at least three suppliers to ensure efficient and effective procurement.
In addition to the practices we have already adopted, we are committed to continuously improving our operations and practices to ensure the highest standards of excellence and ethical conduct. This includes initiatives such as ongoing professional development and training for our employees, adoption of the latest technologies and tools, and a focus on sustainability and environmental stewardship. We believe that by continuously improving and innovating, we can stay at the forefront of our industry and make a positive impact on our communities and the world. Our commitment to excellence extends to all aspects of our business, and we will continue to explore new and innovative ways to improve our operations and practices in the future.