TUF Selected as DJSI Emerging Markets Member First and Only Thai Company in the Food Industry - An Achievement of Sound Management Disciplines
Bangkok - (24 September, 2014) - Thai Union Frozen Products Public Company Limited (TUF), the world's largest shelf-stable tuna processor and owner of leading global portfolio of seafood brands, has been officially selected by the Dow Jones Sustainability Indices (DJSI) Emerging Markets 2014 as the first-time member in the Food category.
Mr. Thiraphong Chansiri, TUF President and CEO proudly revealed, “I am exceptionally pleased for TUF to be a privileged member of DJSI Emerging Market for the first time. This is a proud achievement of the company’s sound management disciplines for the last 37 years which have been demonstrated in our prudent financial and investment practices, sustainable management policies and viable business progression. We have always strived to promote transparency in our business conduct and aim to create consistent value to our business that in turn delivers credible and incremental returns to our shareholders in the long run.
In the current commercial environment, we strive to grow and add value to the business despite pressure from countless challenges in the industry. Today, TUF, operating on its humble principle, has been able to enjoy the best of both worlds where we manage to develop a viable business model based on economically sound, environmentally- and social- friendly practices.”
DJSI is one of the most highly regarded global sustainability indices. Each year, over 3,000 companies, including 800 companies from emerging markets from various industries, are invited to participate in RobecoSAM’s Corporate Sustainability Assessment (CSA). For the first time, TUF is the one and only Thai company in the food category which has been selected as an official member of DJSI Emerging Markets 2014. For this year, TUF is amongst the 10 Thai companies listed in DJSI’s various indices. Moreover, TUF is one of the only 4 food companies in the Emerging Markets index and one of the 17 food companies in all of DJSI indices.
Dr. Wit Soontaranun, Director of Sustainability Development added, “It is such an honor that TUF is included in DJSI Emerging Markets this year – 2 years ahead of our original target of 2016. For TUF to be a part of one of the most sophisticated global indices such as DJSI, it signifies great importance in many aspects, namely our capabilities in operational excellence, a commitment to good corporate governance, continuous improvement in innovation, talent development and people management, active social involvement as well as establishment of a shared value between stakeholders.
“TUF’s sustainability journey was deeply-rooted since its inception. We stay true to what we have been since day one, not something we created just to be recognized. Most importantly, this management vision has long been instilled into our DNA which has made us who we are today. We live by our corporate values that focus on creating shared value between our stakeholders by finding a common ground for sustainability. We work relentlessly and attentively to be close to issues that matter to our stakeholders so that we are able to reach evolving solutions for all parties, in the most sustainable manner.”
About TUF
Thai Union Frozen (TUF) Products PCL is the world’s seafood expert bringing high quality, safe, delicious and convenient seafood products to customers across the world for over 37 years.
Today, TUF is regarded as the world’s largest producer of shelf-stable tuna products with annual sales exceeding 100 billion baht and a global workforce of over 35,000 people who are dedicated to pioneering sustainable, innovative seafood products.
The company’s global brand portfolio includes Thai-leading brands Sealect, Fisho and Bellotta; as well as market-leading international brands Chicken of the Sea, John West, Petit Navire, Parmentier, Mareblu, and Century.
As a company committed to innovation and globally responsible behavior, TUF is proud to be a member of the UN Global Compact, and a founding member of the International Seafood Sustainability Foundation (ISSF).
For further information, please visit www.thaiuniongroup.com. or contact: Thai Union Frozen Products PCL Tel: +66 2 298 0024
Ms. Wisaka Chantakit
Head of SD / CSR Communications
T: +66 2 298 0024 ext.677
F: +66 2 298 0024 ext 679
M:+66 84388 2617
E: wisaka_ch@thaiunion.co.th