GRI Standards Index

Noble Development Public Company Limited is committed to sustainable business practices by integrating Environmental, Social, and Governance (ESG) principles into every aspect of its operations.

The Company upholds good corporate governance, transparent management, and the creation of shared value for all stakeholders, driving long-term sustainable growth.

Sustainability Performance Data

Environmental

GRI Standards Detail Unit 2021 2022 2023 2024 2025
Energy Management
302-1 Energy Consumption within the Organization
302-1(a) Fuel Consumption within the Organization Liters N/A 12,468 38,641 39,214 40,353
Diesel Fuel Liters N/A 5,294 12,897 8,778 6,810
Gasoline/Gasohol Liters N/A 7,174 25,744 30,435 33,543
Liquefied Petroleum Gas (LPG) kg 0 0 0 0 0
302-1 (b) Purchased Electricity Consumption kWh 294,841 318,812 375,077 379,840 347,704
Electricity Purchased from the National Grid (MEA and PEA) kWh 294,841 318,812 375,077 379,840 347,704
- Ploenchit Office kWh 270,103 282,546 307,756 319,885 299,092
- Noble Remix Office kWh 24,738 36,266 67,321 59,955 48,612
Renewable Electricity Purchased through Power Purchase Agreements (PPAs) kWh 0 0 0 0 0
302-1(e) Energy Consumption kWh 294,841 318,812 375,077 379,840 347,704
Non-Renewable Energy Consumption (Fuel and Grid Electricity) kWh 294,841 318,812 375,077 379,840 347,704
Renewable Energy Consumption (Solar Energy) kWh - - - - -
302-3 Energy Intensity
Electricity Consumption per Floor Area kWh/m² 107 87 103 102 93
Electricity Consumption per Employee kWh/employee 1,121 1,250 1,008 880 589
Water Management
303-5 (2018) Water Consumption m3 1,079 1,147 1,535 2,052 1,464
Water Consumption by Location
Head Office (Ploenchit) m3 1,079 1,070 1,415 1,664 1,329
Noble Remix Office m3 - 77 120 131 135
Serve Furniture Office m3 - - - 250 -
Total Water Consumption per Total Number of Employees m3/Employee/Year 2.35 2.27 2.21 2.41 1.57
Water Consumption per Employee m3/Employee 4.10 4.50 4.13 5.88 4.07
Water Consumption in Water-Stressed Areas (W1) m3 1,079 1,147 1,535 2,052 1,464
Water Consumption in Non-Water-Stressed Areas m3 0 0 0 0 0
Water Consumption Intensity m3/m² 0.39 0.31 0.42 0.55 0.39
303-3 Water Withdrawal m3 1,079 1,147 1,535 2,052 1,464
Water Withdrawal by Source
Surface Water (including water from wetlands, rivers, lakes, and oceans) m3 - - - - -
Groundwater m3 - - - - -
Produced Water m3 - - - - -
Third-Party Water (Municipal Water Supply) m3 0 0 0 0 0
Reclaimed Water m3 - - - - -
Harvested Rainwater m3 - - - - -
Seawater m3 - - - - -
303-4 Water Discharge 863 918 1,228 1,642 1,171
Total Water Discharge by Destination (W2)
Water Discharged to the Sea m3 - - - - -
Water Discharged to Surface Water m3 - - - - -
Water Discharged to Groundwater m3 - - - - -
Water Discharged to Third Parties m3 863 918 1,228 1,642 1,171
Water Reused by Another Organization m3 - - - - -
303-5 (2018) Water Consumption in Water-Stressed Areas
Percentage of Water Consumption in Water-Stressed Areas % 100 100 100 100 100
Water Consumption in Water-Stressed Areas m3 1,079 1,147 1,535 2,052 1,464
Biodiversity
304-3 Green Area Ratio in New Development Projects % N/A 16 12 14 21
304-2 Operational Sites Located in or Adjacent to Protected Areas or Areas of High Biodiversity Value Sites / Rai 0 0 0 0 0
304-1 Operations with Significant Impacts on Biodiversity Cases 0 0 0 0 0
Greenhouse Gas Emissions
305 Total Greenhouse Gas Emissions tCO2e N/A N/A 711 1,351 8,943
305-1 Direct Greenhouse Gas Emissions : Scope 1 tCO2e N/A N/A 155 114 164
Fuel Combustion tCO2e N/A N/A - - -
Mobile Combustion tCO2e N/A N/A 94 90 132
Fugitive Emissions tCO2e N/A N/A 61 24 32
305-2 Indirect Greenhouse Gas Emissions : Scope 2 tCO2e N/A N/A 556 1,237 972
Location-based tCO2e N/A N/A 556 1,237 972
Market-based tCO2e N/A N/A - - -
305-3 Indirect Greenhouse Gas Emissions : Scope 3 tCO2e N/A N/A N/A N/A 7,797
Category 1: Purchased Goods and Services tCO2e N/A N/A N/A N/A 6,385
Category 3: Fuel and Energy-Related Activities (not included in Scope 1 or 2) tCO2e N/A N/A N/A N/A 185
Category 5: Waste Generated in Operations tCO2e N/A N/A N/A N/A 235
Category 7: Employee Commuting tCO2e N/A N/A N/A N/A 945
Category 13: Downstream leased assets tCO2e N/A N/A N/A N/A 48
Indirect Greenhouse Gas Emissions : Others tCO2e N/A N/A N/A N/A 10
Others tCO2e N/A N/A N/A N/A 10
305-4 GHG Emission Intensity
Scope 1 Direct Emissions per Revenue tCO2e/THB million N/A N/A 0.02 0.01 0.02
Scope 2 Indirect Emissions per Revenue tCO2e/THB million N/A N/A 0.06 0.11 0.13
Scope 3 Other Indirect Emissions per Revenue tCO2e/THB million N/A N/A N/A N/A 1.03
Scope 1 & 2 Emissions per Revenue tCO2e/THB million N/A N/A 0.07 0.12 0.15
Scope 1 , 2 & 3 Emissions per Revenue tCO2e/THB million N/A N/A 0.07 0.12 1.18
Waste Management
306-3 (2020) Total Waste Generated tonnes 124 139 193 235 262
Hazardous Waste (excluding electronic waste and infectious waste) tonnes - - - - -
Electronic Waste (E-Waste) tonnes - - 0.80 0.75 -
Non-Hazardous Waste tonnes - - - - -
- Recyclable Waste (plastic, paper, metal, cans and glass) tonnes - 1.56 2.71 3.19 11.52
- Food and Organic Waste tonnes - - 0.31 0.09 -
- General Waste for Disposal 124 137 189 231 251
306-4 (2020) Total Waste Diverted from Disposal tonnes N/A 478 160 4 12
Hazardous Waste Diverted from Disposal
- Waste Returned to Suppliers or Reused (Hazardous Waste and E-Waste) tonnes N/A - 0.80 0.75 -
Non-Hazardous Waste Diverted from Disposal
- Reused/Recycled Waste tonnes N/A 1.56 2.71 3.19 11.52
- Composted Waste (Food and Organic Waste) tonnes N/A - 0.31 0.09 -
- Construction Waste Recycled tonnes N/A 476 156 - -
Waste Reused/Recycled Ratio (excluding construction waste) % 0 1.12 1.98 1.71 4.39
Environmental Compliance
2-27 Environmental Non-Compliance
Incidents of Non-Compliance with Environmental Laws and Regulations Cases 0 0 0 0 0
Monetary Fines and Penalties THB Million 0 0 0 0 0
Non-Monetary Sanctions Cases 0 0 0 0 0
Environmental Cases Subject to Litigation, Arbitration, or Dispute Resolution Cases 0 0 0 0 0

Remark: (W1) Water-stressed areas are determined based on the WRI Aqueduct Water Risk Atlas. (W2) All wastewater generated from the Company's operations is directed to wastewater treatment systems operated by building management or authorized external service providers. No direct discharge of wastewater into natural water bodies occurs from the Company's operations

Social

GRI Standards Detail Unit 2021 2022 2023 2024 2025
Human Management & Development
2-7 Employment
Total Number of Employees Person 466 522 706 864 972
Permanent Employees Person 460 506 696 850 933
Contract Employees Person 6 16 10 14 39
Percentage of Contract Employees % 1.3 3.2 1.4 1.6 4.2
405-1 Diversity of Employees
Employees by Gender
Male Employees Person 184 206 303 389 454
Female Employees Person 282 316 403 475 518
Percentage of Male Employees % 39.48 39.46 42.92 45.02 46.71
Percentage of Female Employees % 60.52 60.54 57.08 54.98 53.29
405-1 Employees by Employment Category
Support Function Employees People 253 268 294 403 361
Operational Employees People 213 254 405 452 602
Senior Management People 7 7 7 9 9
405-1 Employees by Work Location
Head Office Employees People 256 262 368 475 534
Project-Based Employees People 210 260 338 389 438
405-1 Employees by Age Group
Employees Aged Under 30 Years People 158 175 234 255 279
Employees Aged 30–50 Years People 278 320 440 566 639
Employees Aged Over 50 Years People 30 27 32 43 54
2-7 Employee Working Time
Total Working Days per Year Days/Year 238 237 244 243 241
Working Hours per Year Hours/Employee/Year 1,904 1,896 1,952 1,944 1,928
Total Employee Working Hours per Year Hours/Year 887,264 989,712 1,378,112 1,679,616 1,874,016
401-1 New Employee Hires People 131 145 375 364 353
New Employee Hires by Gender
Male New Hires People 54 44 162 165 179
Female New Hires People 77 101 213 199 174
New Employee Hires by Age Group
New Hires Aged Under 30 People 56 58 135 149 160
New Hires Aged 30–50 People 72 87 240 208 185
New Hires Aged Over 50 People 3 - - 7 8
New Hire Rate % 28.1 27.8 53.1 42.1 36.3
401-1 (b) Employee Turnover
Total Employee Turnover People 98 141 188 255 256
Voluntary Employee Turnover People 75 113 153 231 241
Employee Turnover by Gender
Male Employee Turnover People 27 38 67 103 113
Female Employee Turnover People 71 103 121 152 143
Employee Turnover by Age Group
Employees Aged Under 30 People 49 70 73 88 103
Employees Aged 30–50 People 47 68 111 157 146
Employees Aged Over 50 People 2 3 4 10 7
Employee Turnover Rate
Employee Turnover Rate % 21.03 27.01 26.63 29.51 26.34
Voluntary Turnover Rate % 16.09 21.65 21.67 26.74 24.79
Employee Engagement
Employee Engagement Score* % N/A 76 N/A 76 N/A
Employee Engagement by Gender
Male Employee Engagement Score % N/A 78 N/A 78 N/A
Female Employee Engagement Score % N/A 75 N/A 74 N/A
Employee Engagement by Job Level
C-Level Executives % N/A N/A N/A 82 N/A
Senior Management (EVP, VP) % N/A 78 N/A 75 N/A
Middle Management (AVP, SAVP) % N/A 73 N/A 74 N/A
Managers (DM, SDM) % N/A 75 N/A 66 N/A
Operational Employees (ADM, Officer, Staff) % N/A 76 N/A 69 N/A
Employee Engagement by Work Location
Head Office % N/A 77 N/A 71 N/A
Project Sites % N/A 76 N/A 71 N/A
Survey Response Rate % N/A 97 N/A 97 N/A
401-3 Parental Leave and Return to Work
401-3(a) Employees Eligible for Parental Leave People 282 316 403 864 972
401-3(b) Employees Taking Parental Leave People N/A 1 1 2 5
401-3(b) Male Employees Taking Paternity Leave People N/A N/A N/A 389 454
401-3(c) Employees Returning to Work after Parental Leave People N/A 1 1 2 5
401-3(d) Return-to-Work Rate after Parental Leave % N/A 100 100 100 100
401-3(e) Retention Rate after Returning from Parental Leave % N/A 100 100 100 100
Training and Development
404-1 Number of Employees Receiving Training People 307 454 398 561 788
Percentage of Employees Receiving Training % 66 87 56 65 81
Employee Development Expenditure THB 5,156,715 8,904,848 7,215,596 3,858,661 3,220,015
Average Training Hours per Employee Hours/Employee/Year 9.62 15.60 10.99 12.48 11.32
Total Training Hours Hours 4,427 8,004 7,652 10,783 8,922
Training Hours by Gender
Total Training Hours for Male Employees Hours/Year 1,339 3,062 2,402 10,783 3,832
Total Training Hours for Female Employees Hours/Year 3,088 4,942 5,250 6,179 5,090
Training Hours by Employee Category
C-Level Executives Hours/Year 3 6 505 N/A N/A
Senior Management (EVP, VP) Hours/Year 24 264 42 N/A N/A
Middle Management (AVP, SAVP) Hours/Year 215 529 444 N/A N/A
Managers (DM, SDM) Hours/Year 1,875 2,845 1,797 N/A N/A
Operational Employees (ADM, Officer, Staff) Hours/Year 2,311 4,360 4,840 N/A N/A
Diversity and Remuneration
405-2 Total Employee Compensation THB 362,139,630 434,348,246 610,437,221 691,784,752 501,171,685
Total Employee Compensation by Gender
Total Compensation for Male Employees THB 140,437,591 171,409,461 244,174,888 276,713,901 300,703,011
Total Compensation for Female Employees THB 221,702,039 262,938,785 366,262,333 415,070,851 200,468,674
Gender Pay Gap
Average Compensation Ratio per Male Employees THB/Person/Year 763,248 832,085 805,858 711,347 662,341
Average Compensation Ratio per Female Employees THB/Person/Year 786,177 832,085 908,840 873,833 387,005
Average Compensation Ratio (Female to Male) % 1.03 1 1.13 1.23 0.58
Mean Gender Pay Gap % (3.00) 0 (12.78) (22.84) 41.57
Provident Fund
Eligible Employees for Provident Fund Participation People 466 506 696 850 583
Employees Enrolled in the Provident Fund People 285 318 377 399 391
Provident Fund Participation Rate (% of Total Employees) % 61.16 60.92 53.40 46.18 40.23
Provident Fund Enrollment Rate (% of Eligible Employees) % 61.16 62.85 54.17 46.94 67.07
Employer Contributions to the Provident Fund THB N/A 15,380,162 N/A 20,950,136 23,128,246
Inclusive Employment and Diversity
405-1 (2016) Total Employees with Disabilities People - - - 7 6
Employees with Disabilities by Gender
- Male People - - - 5 3
- Female People - - - 2 3
Percentage of Employees with Disabilities % - - - 0.81 0.62
Labour-Related Grievances
Total Labour-Related Grievances Reported Cases 0 0 0 0 0
Resolved Labour-Related Grievances Cases 0 0 0 0 0
Pending Labour-Related Grievances Cases 0 0 0 0 0
Occupational Health and Safety
403-8(a) Percentage of Employees Represented in Health and Safety Committees % 0 0 0 0 0
403-9(a) Occupational Injuries (Employees)
Work-related Fatalities Cases 0 0 0 0 0
High-consequence Work-related Injuries (excluding fatalities) Cases 0 0 0 0 0
Recordable Work-related Injuries Cases 0 0 0 0 0
Lost Time Injury Frequency Rate (LTIFR) Rate 0 0 1 2 1
Total Hours Worked Hours 887,264 989,712 1,378,112 1,679,616 1,874,016
Fatality Rate
Number of Fatalities per 200,000 Hours Worked. Cases 0 0 0 0 0
Number of Fatalities per 100,000 Hours Worked. Cases 0 0 0 0 0
High-Consequence Injury Rate (Excluding Fatalities)
High-Consequence Work-Related Injury Rate per 200,000 Hours Worked Cases 0 0 0 0 0
High-Consequence Work-Related Injury Rate per 100,000 Hours Worked Cases 0 0 0 0 0
Total Recordable Work-Related Injury Rate
Recordable Injury Rate per 200,000 Hours Worked Cases - 0.2 0.15 0.12 0.11
Recordable Injury Rate per 100,000 Hours Worked Cases - 0.1 0.07 0.06 0.05
Lost-Time Injury Frequency Rate (LTIFR)
Work-Related Injury Rate Resulting in Lost Workdays per 200,000 Working Hours Cases - 0.2 0.15 0.12 0.11
Work-Related Injury Rate Resulting in Lost Workdays per 100,000 Working Hours Cases - 0.1 0.07 0.06 0.05
403-9 (b)-2018 Occupational Injuries of Contractors
Work-related Fatalities Cases N/A N/A N/A N/A N/A
High-consequence Work-related Injuries (excluding fatalities) Cases N/A N/A N/A N/A N/A
Recordable Work-related Injuries Cases N/A N/A N/A N/A N/A
Lost Time Injuries (LTIFR) Cases N/A N/A N/A N/A N/A
Total Hours Worked Hours N/A N/A N/A N/A N/A

Remark: *The Employee Engagement Survey is conducted biennially (once every two years).

Economic and Governance

GRI Standards Detail Unit 2021 2022 2023 2024 2025
Economic Performance
201-1 Total Revenue THB Million 7,430 8,678 9,978 11,568 7,591
Net Profit THB Million 932 N/A 910 432 593
Employee Wages and Benefits THB Million 430 506 533 704 812
Taxes Paid THB Million 727 492 486 500 425
Dividends Paid THB Million 1,164 110 385 552 142
203-1 Community Investment THB Million 1 0 1 1 1.30
Corporate Governance
2-29 Total Directors People 10 10 10 11 11
Executive Directors People 4 4 4 4 4
Non-Executive Directors People 6 6 6 7 7
Independent Directors People 5 5 5 5 5
Independent Director Ratio % 50 50 50 45.45 45.45
Executive Committees People 7 7 7 9 8
405-1 Board Diversity
Directors by Gender
Male Directors People 9 9 9 10 9
Female Directors People 1 1 1 1 2
Female Representation on the Board % 10 10 10 9.09 18.18
Female Representation in Management % 14.29 14.29 14.29 33.33 37.50
Average Board Age Years N/A 51 52 54 55
Average Board Age by Gender
Average Board Age by Male Years N/A 50 51 53 54
Average Board Age by Female Years N/A 63 64 65 58
Average Board Tenure
Average Board Tenure Years 2.75 3.44 4.44 5 5.55
2-9 Leadership Structure
Separation between the Chairperson and Chief Executive Officer Yes/No Yes Yes Yes Yes Yes
Chairperson is an Executive Director Yes/No Yes Yes Yes Yes Yes
Separation between the Chairperson and Non-Executive Director Yes/No Yes Yes Yes Yes Yes
Number of Non-Executive or Independent Directors holding more than 4 listed company directorships People 5 5 5 5 5
Corporate Governance Assessment
Annual Corporate Governance Assessment Result (CGR) Level Excellent (5 Stars) Excellent (5 Stars) Excellent (5 Stars) Excellent (5 Stars) Excellent (5 Stars)
Anti-Corruption and Business Ethics
205-2 Anti-Corruption Training Participation Rate % 100 100 100 100 100
205-3 Confirmed Incidents of Corruption or Violations of Business Ethics Cases 0 0 0 0 0
206-1 Incidents of Anti-Competitive Behavior Cases 0 0 0 0 0
206-1 Violations of Competition and Antitrust Laws Cases 0 0 0 0 0
Customer Relationship Management and Development
Customer Satisfaction Score % 84 87 92 84 84
- Satisfaction with Sales Experience and Project Information % 94 90 95 97 94
- Satisfaction with Contracting Process Experience % 91 89 98 93 98
- Satisfaction with Installment Payment Experience % - - - - 97
- Satisfaction with Pre-Transfer Experience % - - - - 73
- Satisfaction with Property Transfer Experience % 77 85 88 70 70
- Satisfaction with After-Sales Residential Experience % 73 82 88 75 74
Customer Complaints and Data Privacy Protection
416-2 Complaints Concerning Health and Safety Impacts of Products and Services Cases 0 0 0 0 0
417-3 Incidents of Non-compliance Concerning Marketing Communications Cases 0 0 0 0 0
418-1 Substantiated Complaints Concerning Breaches of Customer Privacy Cases 0 0 0 0 0
418-1 Customer Data Leakage or Loss Incidents Cases 0 0 0 0 0
419-1 Incidents of Non-compliance with Laws and Regulations Cases 0 0 0 0 0
Supply Chain Management
308-1, 414-1 Total Suppliers / Vendors Suppliers N/A 564 706 1,029 882
Total Direct Suppliers Suppliers N/A N/A 690 1,009 784
Critical Tier 1 Suppliers Suppliers N/A N/A 16 20 98
Suppliers with High ESG Risk Suppliers N/A N/A 7 0 0
Critical Suppliers and Suppliers with ESG Risks Suppliers N/A N/A 7 0 0
Critical Non-Tier 1 Suppliers Suppliers N/A N/A N/A N/A N/A
Number of Suppliers Assessed for ESG Suppliers N/A N/A 7 0 0

Remark: 1. The Company has no incidents of corruption, violations of business ethics, complaints, or legal actions related to material environmental, social, and governance issues during the reporting period. 2. The Company revised its customer satisfaction assessment framework from four dimensions to six dimensions in 2025 by adding “Property Transfer Experience” and “After-Sales Residential Experience” to better cover the customer journey and reflect customer experience more comprehensively.