The listing follows a 67 percent increase in the company’s overall score driven by improved performances across environmental, economic and social criteria. Particular mention was made of good governance and social impact management.
The increase in score demonstrates a tangible proof of the company’s dedication to be a true leader and agent of change.
Commenting on the selection Mr. Thiraphong Chansiri, Thai Union President and CEO said, “We were honored to be chosen to join the index last year. To be selected again shows that we are on the right path in balancing sustainable management policies and viable business progression. Our industry in particular is pressured by countless challenges when it comes to
balancing our responsibilities to society with our commitment to our business. The listing is an endorsement of our efforts to promote transparency in our business conduct, and to create consistent value to our business. It is this performance that delivers credible and incremental returns to our shareholders in the long run.
DJSI is one of the most highly regarded global indices for measuring sustainability. Each year, over 3,000 companies, including 800 companies from emerging markets from various industries, are invited to participate in RobecoSAM’s Corporate Sustainability Assessment (CSA). Companies are selected for the indices based on a comprehensive assessment of long-term economic, environmental and social criteria that account for general as well as industry-specific sustainability trends. Only firms that lead their industries based on this assessment are included in the indices.
Thai Union is the first Thai company in the food category to be included in the Index for two consecutive years and is one of only 14 Thai companies listed in the DJSI’s various indices in 2015.
Dr. Darian McBain, Group Director of Sustainable Development added, “For Thai Union to be part of one of the most sophisticated global indices such as DJSI is a hard-earned honor. This third-party, independent recognition of our capabilities in operational excellence, our commitment to good corporate governance, continuous improvement in innovation, talent development and people management, active social involvement as well as establishment of a shared value between stakeholders represents a great achievement by many people across all operations of the company.
“Thai Union’s sustainability journey has been deeply-rooted since its inception. Most importantly, this management vision has long been instilled into our DNA which has made us who we are today. We work relentlessly to be close to issues that matter to our stakeholders so that we are able to reach evolving solutions in the most sustainable manner for all parties.”