Thai Union Wins 2 Prestigious Awards from The Asset Triple A Sustainable Finance Awards 2024
BANGKOK – March 18, 2024 – Thai Union Group PCL won two awards at The Asset Triple A Sustainable Finance Awards 2024 from The Asset magazine in recognition of its leadership in Blue Finance.
Thai Union was awarded “Best Issuer for Sustainable Finance” and “Best Sustainability-Linked Loan – Food Products”. The awards were in recognition of Thai Union securing a THB 11,485 million Sustainability-Linked financing package in 2023, marking the commencement of the second phase of the Company’s Blue Finance agenda.
The Company has set a target of increasing sustainable financing to 75 percent of its long-term financing by 2025. Aligning with Thai Union’s sustainability ambition under SeaChange® 2030, Key Performance Indicators and Sustainable Performance Targets focus on the Company’s overall ESG performance, including maintaining consistent high rankings in the Dow Jones Sustainability Indices Food Products Industry Index, reducing Scope 1, 2, and 3 Absolute Greenhouse Gas Emissions, and moving toward sustainable aquaculture.
Ludovic Garnier, Group Chief Financial Officer at Thai Union, and Yongyut Setthawiwat, Managing Director, Group Treasurer - Treasury and Finance Shared Services, accepted the awards on behalf of the Company.
The Asset Triple A Sustainable Finance Awards, which are in their 25th year, present awards for banking, finance, treasury, and capital markets.
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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 47 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 136.2 billion (US$ 3,912 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 2023, ranked number one on the Seafood Stewardship Index (SSI) for the third consecutive time, listed in the S&P Global Sustainability Yearbook 2024, achieved a B rating from global environmental disclosure non-profit CDP, and was also named to the FTSE4Good Emerging Index for the eighth straight year in 2023. Find out more about the Group’s sustainability strategy at https://www.seachangesustainability.org/