Best Practices (ESG) for the Comprehensive OEM Business of Dietary Supplements, Health, and Beauty: SCG Grand Co., Ltd. and Its Affiliates
-
Keywords:
Interdisciplinary Humanities, OEM Business, Good Practices (ESG), SCG Grand Co., Ltd. and its subsidiariesAbstract
This study aims to: (1) examine the current state and desired practices of Environmental, Social, and Governance (ESG) principles in the manufacturing business of dietary supplements, health, and beauty products within SCG Grand Co., Ltd. and its subsidiaries; (2) analyze the necessity for ESG adoption in this industry to facilitate the development of effective and sustainable strategies; and (3) identify best practices in ESG implementation within SCG Grand Co., Ltd. and its subsidiaries.
This research employs a mixed-methods approach, integrating both qualitative and quantitative methodologies. The qualitative component utilizes questionnaires and interviews as data collection tools, while the quantitative analysis is based on responses from executives and employees in the dietary supplement, health, and beauty product manufacturing sector located in Mueang District, Samut Sakhon, under SCG Grand Co., Ltd. and its subsidiaries. The sample size was determined using a 95% confidence level with a 5% margin of error, resulting in a total of 400 participants. Purposive sampling was employed, and data were analyzed using frequency distribution, percentage calculations, and a five-point Likert scale. Additionally, the Modified Priority Needs Index (PNI Modified) was applied for data interpretation.
The findings indicate that the current ESG performance of SCG Grand Co., Ltd. and its subsidiaries is at a moderate level across all three dimensions—Environmental, Social, and Governance. These results underscore the necessity for enhancing ESG practices to strengthen sustainability and improve organizational performance in alignment with future expectations. Furthermore, this study provides insights into ESG best practices that can foster long-term growth, social responsibility, and sustainable business operations within the dietary supplement, health, and beauty product manufacturing sector.
References
Cochran, W. G. (1977). Sampling techniques (3rd ed.). New York: John Wilay & Sons.
Lexe, J., & Lago, S. (2023). How do corporations develop and implement ESG strategies?: An exploratory multiple-case study of the automotive manufacturing industry. https://www.diva-portal.org/smash/get/diva2:1762431/FULLTEXT01.pdf
Galland, A. (2012, June). Best practices in photovoltaics manufacturing. In 2012 38th IEEE Photovoltaic Specialists Conference (pp. 001639-001642). IEEE.
https://ieeexplore.ieee.org/abstract/document/6317910
Issa, A., & Hanaysha, J. R. (2023). Breaking the glass ceiling for a sustainable future: the power of women on corporate boards in reducing ESG controversies. International Journal of Accounting & Information Management, 31(4), 623-646
Jaouhari, Y., Travaglia, F., Giovannelli, L., Picco, A., Oz, E., Oz, F., & Bordiga, M. (2023). From industrial food waste to bioactive ingredients: A review on the sustainable management and transformation of plant-derived food waste. Foods, 12(11), 2183.
Lee, J., & Kwon, K. H. (2022). Sustainable changes in beauty market trends focused on the perspective of safety in the post‐coronavirus disease‐19 period. Journal of cosmetic dermatology, 21(7), 2700-2707.
Peiró-Signes, A., & Segarra-Oña, M. D. V. (2013). Trends in ESG practices: Differences and similarities across major developed markets. Sustainability appraisal: Quantitative methods and mathematical techniques for environmental performance evaluation, 125-140. https://link.springer.com/chapter/10.1007/978-3-642-32081-1_6
Michalski, D. (2024). Operationalization of ESG-Integrated Strategy Through the Balanced Scorecard in FMCG Companies. Sustainability, 16(21), 9174.
Spitzer, T. M., & Kreca, K. (2022). ESG Colourwashing: Combating Modern-Day Corporate Hypocrisy. Int'l. In-House Counsel J., 15, 7573.
Selim, O. (2020). ESG and AI: the beauty and the beast of sustainable investing. In Sustainable Investing (pp. 227-243). Routledge.
Tiscini, R., Martiniello, L., & Lombardi, R. (2022). Circular economy and environmental disclosure in sustainability reports: Empirical evidence in cosmetic companies. Business Strategy and the Environment, 31(3), 892-907.
Worapongpat.N. (2021). Marketing management strategies for food supplement manufacturing businesses in Mueang District, Samut Sakhon. Journal of Arts, Rajamangala University of Technology Suvarnabhumi, 3(2), 161-174.
https://so03.tci-thaijo.org/index.php/art/article/view/252114
Worapongpat.N. (2020). Excellence organization characteristics and their impact on the performance of small and medium-sized businesses in Northeastern Thailand. Panya Pittayakom Journal, Panya Pittayakom Institute of Technology, 12(1), 30-45. https://so05.tci-thaijo.org/index.php/pimjournal/article/view/181872
Worapongpat.N. (2023). The marketing mix factors influencing the use of business outsourcing for food supplement manufacturing, SCG Grand Co., Ltd. Management and Communication Studies Journal, Faculty of Management Science, Rajabhat University Chiang Mai, 5(1), 1-17.
https://so10.tci-thaijo.org/index.php/msdru/article/view/530
Worapongpat.N. (2023). Improving service quality and the effectiveness of support departments in the direct business of health food supplement industry TDSA after the COVID-19 situation. Journal of Arts, Rajamangala University of Technology Suvarnabhumi, 4(1), 16-25.
https://doi.org/10.18300/TCI.2
Worapongpat.N. (2023). Service quality in the food supplement manufacturing business in Mueang District, Samut Sakhon. Journal of Political Science, Mahamakut Buddhist University, 1(2), 41-51.
http://ojs.mbu.ac.th/index.php/MBUPJ/article/view/1980
Worapongpat.N. (2023). Application of lean production systems to reduce costs in the production process of jelly-type appetite-suppressing products. Academic Journal of Eastern Thailand Institute of Technology, 2(1), 1-13.
Worapongpat.N. (2023). Development strategies for TKN Co., Ltd. to enter the green industry at level 4: Green culture. Journal of Management and Sustainable Development, 2(2), 83-93.
https://so07.tci-thaijo.org/index.php/jmsc_journal/article/view/2487
Worapongpat.N. (2023). Designing multipurpose car seats for MCE Co., Ltd. Journal of Management, Administration, and Sustainable Development, 1(2), 243-252. https://so15.tci-thaijo.org/index.php/jamsd/article/view/193
Worapongpat.N. (2023). Human resource management according to the 7 qualities of a good person in industrial factories in Chonburi Province. Journal of Buddhist Studies in the Mekong River Basin, 6(2), 1-18.
https://so06.tci-thaijo.org/index.php/bmrj/article/view/266291
Worapongpat.N, & Napadanai Jirojantrakit. (2024). Enhancing production line capabilities in detergent manufacturing processes in Chonburi Province. Journal of Management, Administration, and Sustainable Development, 2(2), 497-504.
https://so15.tci-thaijo.org/index.php/jamsd/article/view/538
Worapongpat.N, & Chaimongkol Promkham. (2024). The leadership characteristics of managers according to the 4 qualities of a good person in egg-laying chicken farms in Nong Yai District, Chonburi Province. Journal of Buddhist Studies in the Mekong River Basin, 7(1), 1-14.
https://so06.tci-thaijo.org/index.php/bmrj/article/view/270279
Worapongpat.N, Udomphothiwit, Phra Kru, & Kraisorn, Pipat. (2024). Management of electronic industries based on the 7 qualities of a good person in Laem Chabang Port Industrial Estate, Chonburi Province. Journal of Buddhist Studies in the Mekong River Basin, 7(1), 15-32.
https://so06.tci-thaijo.org/index.php/bmrj/article/view/270281
Worapongpat.N, Yodkham, Ekarat, Limlerttrit, Thitipong, & Srichan, Priya. (2024). Designing factory layout and system for CPT manufacturing industries. Journal of Eastern Thailand Institute of Technology, 3(1), 41-47.
https://so09.tci-thaijo.org/index.php/JEITS/article/view/2208
Worapongpat.N. (2024). Strategic leadership according to the 4 Brahmavihāra principles in food supplement manufacturing businesses in Mueang District, Samut Sakhon. Journal of Social Studies, Religion, and Culture, 5(2), 53-65.
Downloads
Published
Issue
Section
License
Copyright (c) 2025 CHIANG MAI UNIVERSITY JOURNAL OF ECONOMICS

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
All opinions and contents in the CMJE are the responsibility of the author(s). Chiang Mai University Journal of Economics reserves the copyright for all published materials. Papers may not be reproduced in any form without the written permission from Chiang Mai University Journal of Economics.
ข้อคิดเห็นที่ปรากฏและแสดงในเนื้อหาบทความต่างๆในวารสารเศรษฐศาสตร์มหาวิทยาลัยเชียงใหม่ ถือเป็นความเห็นและความรับผิดชอบโดยตรงของผู้เขียนบทความนั้นๆ มิใช่เป็นความเห็นและความรับผิดชอบใดๆของวารสารเศรษฐศาสตร์ มหาวิทยาลัยเชียงใหม่
บทความ เนื้อหา และข้อมูล ฯลฯ ในวารสารเศรษฐศาสตร์มหาวิทยาลัยเชียงใหม่ ถือเป็นลิขสิทธิ์เฉพาะของคณะเศรษฐศาสตร์มหาวิทยาลัยเชียงใหม่ หากบุคคลหรือหน่วยงานใดต้องการนำทั้งหมดหรือส่วนหนึ่งส่วนใดไปเผยแพร่ต่อหรือเพื่อกระทำการใดๆ จะต้องได้รับอนุญาตเป็นลายลักษณ์อักษร จากวารสารเศรษฐศาสตร์ มหาวิทยาลัยเชียงใหม่