Thai Union Group listed on Dow Jones Sustainability Indices for 10th consecutive year, marking a decade of transformation
BANGKOK, December 13, 2023 – Thai Union Group PCL, the world’s seafood leader, has been listed on the Dow Jones Sustainability Indices (DJSI) for the 10th consecutive year, positive recognition of the Company’s unwavering commitment to sustainable and responsible business practices.
Thai Union has embarked on a transformative sustainability journey since being first listed on the DJSI in 2013, marked by significant achievements and continuous innovation. The Company's dedicated efforts in environmental stewardship, social responsibility, and corporate governance have been pivotal in its decade-long presence on the DJSI.
"Being recognized on the DJSI for a decade is a testament to our dedicated efforts in sustainable development,” said Thiraphong Chansiri, CEO of Thai Union. “It reflects our deep commitment to not just being a leading seafood provider, but also a responsible and ethical corporate citizen. Our SeaChange® 2030 sustainability strategy is integral to this vision, driving impactful change within the industry."
Over the past decade, Thai Union has consistently utilized the DJSI as a benchmark for continuous improvement and to challenge itself. The DJSI's rigorous standards have served as a valuable tool for Thai Union to measure and enhance its sustainability performance, driving the Company to innovate and excel, particularly on environmental stewardship and social aspects of its operations. This commitment to excellence is further exemplified by Thai Union's pioneering role in Blue Finance, financing that has sustainability targets to benefit the oceans.
Thai Union has been guided by SeaChange®, its global sustainability strategy. Launched in 2016 and refreshed in 2023 with new commitments and goals through to 2030, SeaChange® has been central to Thai Union's journey, embedding sustainability into every aspect of its operations and setting ambitious targets for the future through 11 interconnected goals.
“The DJSI recognition serves as a powerful motivator as we look towards the future,” said Adam Brennan, Chief Sustainability Officer at Thai Union. “We are committed to continuous improvement and leading the way toward a more sustainable seafood industry. SeaChange® 2030 will guide us in this journey, ensuring that we contribute to a healthier planet, leaving a positive legacy for generations to come.”
Thai Union’s SeaChange® 2030 goals include a 42 percent reduction to Scope 1, 2 and 3 greenhouse gas emissions by 2030 and net zero by 2050; contributing THB 250 million (more than USD 7 million) toward the protection and restoration of critical ecosystems; the implementation of zero water discharge, zero waste to landfill and zero food loss at its five key global facilities; ensuring 100 percent of Thai Union’s shrimp is produced minimizing ecosystem impact, extending our responsible wild-caught sourcing program to all key species and providing and safe, equitable, and decent workplace.
The S&P Global Corporate Sustainability Assessment (CSA) rigorously evaluates about 10,000 companies annually, enabling leaders like Thai Union to benchmark their sustainability performance against industry-specific criteria.
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ABOUT THAI UNION
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 46 years.
Today, Thai Union is regarded as one of the world's leading seafood producers and is one of the largest producers of shelf-stable tuna products with annual sales exceeding THB 155.6 billion (US$ 4.4 billion) and a global workforce of more than 44,000 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, Hawesta, and Rügen Fisch, Thai-leading brands SEALECT, Fisho, Qfresh, Monori, OMG Meat, Bellotta and Marvo, and ingredient and supplement brands UniQ®BONE, UniQ®DHA and ZEAvita.
With a commitment to “Healthy Living, Healthy Oceans,” Thai Union is proud to be a member of the United Nations Global Compact, a founding participating company of the International Seafood Sustainability Foundation (ISSF), and current Chair of Seafood Business for Ocean Stewardship (SeaBOS).
Thai Union's ongoing leadership in sustainability has been taken to the next level with the announcement of SeaChange® 2030, the Company’s expanded sustainability strategy with more ambitious goals for people and planet. Through SeaChange®, the Company was recognized and listed on the Dow Jones Sustainability Indices (DJSI) for the 10th consecutive year in 2022. The Company was ranked number one on the Seafood Stewardship Index (SSI) in 2023, listed in the S&P Global Sustainability Yearbook 2023 after being ranked in the top 1 percent of more than 7,800 companies assessed, and also named to the FTSE4Good Emerging Index for the seventh straight year in 2022. Find out more about the Group’s sustainability strategy at seachangesustainability.org.
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