Sustainability at Thai Union

Our approach to sustainability

Sustainable development is essential to the future of Thai Union’s business and our growth; it is fundamental to being a responsible corporate citizen and it is how we will achieve our vision of being the world’s most trusted seafood leader.

As a global seafood leader, we have a responsibility to set the standard for social, environmental and economic performance across our operations and into our supply chains. Recognizing this responsibility to show leadership, we heeded the calls of our stakeholders with SeaChange®, Thai Union’s sustainability strategy with measurable commitments to delivering real, lasting changes in the way we operate. SeaChange® aims to drive a positive transformation throughout the global seafood industry.

Thai Union is proud to be have been rated number one in the world in the food products industry in the 2018 Dow Jones Sustainability Index (DJSI). SeaChange® successfully drove the score with an industry best-in-class 100th percentile ranking for total sustainability score.


Changing Seafood for Good

We think of SeaChange® as a journey that covers every aspect of the seafood business: from how we look after the oceans to how we manage our waste; from the responsibility we take for our workers to building brighter futures for the communities around our key sites.

The backbone of our sustainability strategy is the ability to fully trace our seafood—from catch to consumption. With full traceability in place, we will be able to identify, investigate and improve performance on key issues such as labor and responsible sourcing.

Technology for social innovation

Technology is a key enabler to producing sustainable seafood, which, in many regions is the most readily available source of protein. Often, the technology is not new, such as providing workers onboard fishing vessels with adequate connectivity to contact shore regularly. However, there are also revolutionary innovations being made. Blockchain and cryptocurrencies are two of the most exciting recent tech advances, with applications in combating hunger and ensuring ethical seafood.

In particular, Thai Union is trialing the use of blockchain to input key data elements relating to catch and production from the farm to the processor. The information will be secure, visible to all participants, and aids transparency and traceability, enhancing confidence. Working with partners, Thai Union has focused on initiatives which incentivize data sharing and ensure accurate reporting. The technology will facilitate market-based pricing of data and create a user-pay, whole-chain traceability system which enables accurate, transparent reporting, providing direct incentives to meet sustainability standards.

The need to combat hunger and produce seafood ethically is ongoing. Technology advances mean we have many more tools at our disposal to ensure all our food is produced sustainably and that we are continuously working to maintain fish stocks for generations to come.

UN SUSTAINABLE DEVELOPMENT GOALS AND UN GLOBAL COMPACT

While this work is designed to have a positive impact on the seafood industry, the milestones we achieve under our programs will also deliver against the United Nations (UN) Sustainable Development Goals (SDGs) and is guided by our commitment to the UN Global Compact (UNGC). In line with SeaChange®, Thai Union is focused on delivering against the UN Sustainable Development Goals, with actions delivered against three in particular, contributing to broader societal change in areas where we can have direct influence, including:

The need to combat hunger and produce seafood ethically is ongoing. Technology advances mean we have many more tools at our disposal to ensure all our food is produced sustainably and that we are continuously working to maintain fish stocks for generations to come.