Thai Union Public : Releases 7th Annual Sustainability Report

26 May 2020, BANGKOK - Thai Union Group PCL today released its seventh annual Sustainability Report, providing an in-depth look at the Company's ongoing progress towards creating a more sustainable and ethical global seafood industry.

The report details Thai Union's performance against key performance indicators and targets that are outlined in SeaChange®, the Company's global sustainability strategy. In addition, the report provides insights into the extensive work being done around the world across the four programs of SeaChange: Safe and Legal Labor, Responsible Sourcing, Responsible Operations and People and Communities. For the first time, the report also contains in-depth updates on Thai Union's Tuna Commitment and a progress report on its Vessel Code of Conduct (VCoC).

'Thai Union has continued its strong growth over the past decade,' said Thiraphong Chansiri, CEO at Thai Union. 'With that growth comes significant responsibility as a leader. It's important we not only improve our own practices, but set new standards for sustainability across the entire seafood industry as we work towards building an industry that is transparent, sustainable and ethical. The progress we have made in 2019 is another strong step towards that ambition.'

Demonstrating Thai Union's commitment to sustainability, the 2019 Sustainability Report is designed and tailored in a low-impact, PDF format specifically for an online audience. To ensure transparency, information about Thai Union's sustainability progress is also updated throughout the year on our SeaChange® website.

The 2019 Sustainability Report was prepared in accordance with the Global Reporting Initiative (GRI) Standards: Core Option and its Food Processing Sector Supplement (FPSS).

'I am incredibly proud of our sustainability achievements in 2019,' said Dr. Darian McBain, Thai Union's Global Director of Corporate Affairs and Sustainability. 'We have fed the world its first taste of commercially-farmed shrimp fed with sustainable alternative protein, published our first supply chain Transparency Report and demonstrated our commitment to transparency by inviting third-party audits of some of our key projects, including our ethical recruitment policy, the VCoC and our agreement with Greenpeace. But many challenges remain and we will continue to pursue and drive positive change across the entire global seafood industry.'

As a participant in the United Nations Global Compact (UNGC) the 2019 Sustainability Report serves as Thai Union's annual Communication on Progress (COP) to stakeholders. The report also highlights Thai Union's activities supporting the environmental and social responsibilities of the broader United Nations Sustainable Development Goals (UN SDGs).

The 2019 Sustainability Report can be downloaded here.

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 one of the the world's leading seafood producer and the largest producer of shelf-stable tuna products with annual sales exceeding THB 126.3 billion (US$ 4.1 billion) and a global workforce of over 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, 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. Find out more at seachangesustainability.org. Thai Union's on-going work on sustainability issues was recognized in 2018 and 2019 by being ranked number one in the world in the Food Products Industry in the Dow Jones Sustainability Index, achieving a 100th percentile ranking for total sustainability score. Thai Union has now been named to the DJSI for six consecutive years. Thai Union was also named to the FTSE4Good Emerging Index for the fourth straight year in 2019.

Media Contacts

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