emerged from the public, whether an ICO can be done legally, particularly whether it falls under the SEC’s regulations. Figure 1: ICOs that fall under the SEC’s purview 1.4 In cases where an ICO constitutes

result in onerous information requirements with little practical benefit. 15 See Figure 8.1 in Sims et al. (2014) ibid. 16 For example, a battery electric vehicle could have higher well-to-wheel emissions

travel declines by 40% by 2050 Non-road diesel 1% increase in demand per year 0% increase in demand per year 1% decrease in demand per year Source: Credit Suisse Credit Suisse ESG Research, APAC7 Figure

hours 49-144 hours 25-48 hours above 144 hours 3% 34% 27% 36% less than 1% 5% to less than 10% 1% to less than 5% above 10% 2% 75% 18% 5% Figure 1 : time recorded by engagement partners Figure 2 : % of

audits. The statistical information of the second-cycle audit inspections (1 January 2013 – 31 December 2015), as illustrated in figure 1, clearly showed that the auditors who were granted approval by the

Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the Second Quarter and Six-Month Period Ended 30 June 2018 1. Q2/2018 Highlights Figure 1: Quarterly

given by the CBSB. Energy Efficiency: A term used to describe reduction in energy required to provide products and services Emissions Intensity: A quantitative figure expressed as kgCO2/msq Emission

the year ended 31 December 2017 and 2018 was THB 580.91 million and THB 510.49 million respectively. This is equivalent to a modest decline of 12.12% compared to the same period last year. This figure

elimination of Intra-company 3Core EBITDA is Reported EBITDA less Inventory gains/(losses) Indorama Ventures 2018 MD&A 13 Figure 1: Regional Performance 2018 Performance Analysis Integrated PET (PX, PTA, PET

same period last year. This figure shows that the Company significantly cut on sales expenses from the previous year according to the drop in sales revenue. However, sales expenses to sales revenue ratio