2 May 2019, BANGKOK – Thai Union Group PCL today released its annual Sustainability Report, detailing the positive progress made in 2018 and the company's performance against key performance indicators and targets outlined in our sustainability strategy, SeaChange®.
Our sixth sustainability report demonstrates how Thai Union's commitments and measures are helping the company drive meaningful improvements across the entire industry and achieve its vision to be the world's most trusted seafood leader.
The report details how Thai Union is pursuing solutions for the significant challenge facing the industry, with a continued focus on four key programs: Safe and Legal Labor, Responsible Sourcing, Responsible Operations and People and Communities.
"Sustainability is a never-ending challenge. In the seafood industry those challenges can be vast in their scope. But with every challenge comes opportunity, and Thai Union works tirelessly to be at the forefront of positive change," said Thiraphong Chansiri, CEO at Thai Union. "I am very proud of our continued progress in 2018."
With sustainability at the heart of Thai Union's business, the Sustainability Report is now also more sustainable – this is our first report that is fully digital, designed and tailored in a PDF format specifically for an online audience. Our 2018 report is also briefer than previous years, as we rely on our extensive SeaChange® website to ensure more transparent sharing of information.
The 2018 report was prepared in accordance with the Global Reporting Initiative (GRI) Standards: Core Option and its Food Processing Sector Supplement (FPSS).
"2018 was another year of positive progress on sustainability," said Dr. Darian McBain, Thai Union's Global Director of Corporate Affairs and Sustainability. "From joining forces with the Global Ghost Gear Initiative (GGGI), to releasing our first annual Tuna Commitment Progress Report, to being ranked number one in the world in the Food Products Industry Index of the Dow Jones Sustainability Index (DJSI), Thai Union continues to deliver real and lasting changes."
Thai Union is a participant in the United Nations Global Compact (UNGC) and this report serves as our annual Communication on Progress (COP) to stakeholders. The COP reports the company's progress in implementing the Ten Principles of the UNGC within Thai Union's sphere of influence, as well as the company's progress in supporting the environmental and social responsibilities of the broader United Nations Sustainable Development Goals (SDGs).
The 2018 Sustainability Report is available online and can be downloaded here.
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Strategic Communications Manager
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About Thai Union Group
Thai Union Group PCL is the world's seafood leader bringing high quality, healthy, tasty and innovative seafood products to customers across the world for more than 40 years.
Today, Thai Union is regarded as the world's largest producer of shelf-stable tuna products with annual sales exceeding THB 133.3 billion (US$ 4.1 billion) and a global workforce of over 47,000 people who are dedicated to pioneering sustainable, innovative seafood products.
The company's global brand portfolio includes market-leading international brands such as Chicken of the Sea, John West, Petit Navire, Parmentier, Mareblu, King Oscar, and Rügen Fisch and Thai-leading brands SEALECT, Fisho, Qfresh, Monori, Bellotta and Marvo.
As a company committed to innovation and globally responsible behaviour, Thai Union is proud to be a member of the United Nations Global Compact, and a founding member of the International Seafood Sustainability Foundation (ISSF). In 2015, Thai Union introduced its SeaChange® sustainability strategy. Find out more at seachangesustainability.org.
Thai Union's on-going work on sustainability issues was recognized in 2018 by being ranked number one in the world in the Food Products Industry in the Dow Jones Sustainability Index, achieving a 100th percentile ranking for total sustainability score. Thai Union has now been named to the DJSI for five consecutive years. Thai Union was also named to the FTSE4Good Emerging Index for the third straight year in 2018.