04/06/2018

Thai Union Releases Fifth Annual Sustainability Report

4 JUNE 2018, BANGKOK — Thai Union Group PCL released its annual Sustainability Report publicly detailing the company’s performance in 2017 against key performance indicators and targets in line with the company’s SeaChange® sustainability strategy.

The report demonstrates how Thai Union’s strategic approach to sustainability is transforming the way the seafood industry operates worldwide. It covers the sustainability progress on Thai Union’s journey across every aspect of its business: from how the company looks after the oceans to how it manages waste; from the responsibility Thai Union takes for its workers to building brighter futures for communities where the company operates.

“Today, more than ever, Thai Union has fully embraced our role as a leader for positive change. We firmly position sustainability at the heart of our business strategy with SeaChange®, an approach designed to transform the way the industry operates worldwide,” said Thiraphong Chansiri, CEO at Thai Union. “I am incredibly proud of our sustainability efforts detailed in this report demonstrating how we are changing seafood for good.”

Thai Union’s 2017 Sustainability Report was prepared in accordance with the Global Reporting Initiative (GRI) Guidelines version G4 and its Food Processing Sector Supplement (FPSS). The report conforms to the GRI Guidelines at the “Core” option.

Thai Union also introduced “Trace My Report” with the launch of the print version of the 2017 Sustainability Report, which was created with certified FSC® 100 percent recycled and made entirely from post-consumer fiber. Readers can now learn about how the print version of their report was produced, including sourcing, processing, packaging and other information, by visiting www.seachangesustainability.org/trace-my-report.

“Thai Union considers traceability the backbone of sustainability. Bringing traceability to our sustainability report is another example of the great pride we have in the transparency of our communications with stakeholders, customers and the industry,” said Dr. Darian McBain, Thai Union’s global director for sustainable development. “Transparency is vital so that the global seafood industry knows what works as we move forward to combat global and regional issues—this report is an important part of that process.”

As a participant in the United Nations Global Compact (UNGC), this report also serves as

Thai Union’s 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 2017 Sustainability Report is now available online as well as in print in English and Thai. Thai Union will also soon release the report for iBooks and Kindle.

To download the 2017 Sustainability Report at Thai Union’s website, visit: http://www.thaiunion.com/en/sustainability/report.

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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 135 billion (US$ 4.03 billion) and a global workforce of over 49,000 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 behavior, 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.

Thai Union’s on-going work on sustainability issues was recognized by its inclusion in the Dow Jones Sustainability Index Emerging Markets (DJSI) in 2014. In 2017, Thai Union was named to the DJSI for the fourth consecutive year. Thai Union is also part of the FTSE4Good Emerging Index.