Sustainability at Thai Union

Sustainable development is essential to the future of Thai Union's business and our growth; it is fundamental to being a responsible corporate citizen for both our employees and our global community. Being transparent, not only showcasing our achievements, but highlighting the areas we have identifed for improvement, is fundamental to our vision of being the world's most trusted 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 have been rated number one in the world in the Food Products Industry Index in the 2019 Dow Jones Sustainability Indices (DJSI), the second consecutive year we have achieved the top ranking. SeaChange® played an integral role in our high scoring, as we achieved an industry best-in-class 100th percentile ranking for our total sustainability score.

In 2019, Thai Union was also ranked number one on the inaugural Seafood Stewardship Index (SSI), which assessed the contribution of the world's 30 largest seafood companies to the United Nations (UN) Sustainable Development Goals (SDGs).

HEALTHY LIVING, HEALTHY OCEANS

We think of SeaChange® as a journey that covers every aspect of the seafood business, transparently. This ranges 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.

As one of the world's largest seafood companies, we recognize that we have both the responsibility and the capacity to be a leader for positive change. The oceans are the foundation of our business and healthy oceans are critical, not only for our future but for that of the planet, particularly in combating climate change. Ocean-based solutions to climate change could help reduce global greenhouse gas emissions by 21 percent by 2050. At the same time, we must also respond to the evolving needs of consumers, who are increasingly looking to swap carbon-heavy proteins for seafood while also seeking foods that are sustainable and innovative. This provides us with opportunities well-suited to not only our seafood products, but also new and exciting areas such as alternative proteins. That is why we are committing to "Healthy Living, Healthy Oceans".

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 in fuence, 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 fsh stocks for generations to come.