Thai seafood giant says it has reaffirmed its reputation as a green food producer.
Thai Union has been listed on the Dow Jones Sustainability Indices for eighth year in a row, as its drive for positive change continues across its own business and the wider seafood sector.
In addition, the company has been ranked number two in the world on the Food Products Industry Index achieving a 99th percentile ranking for total sustainability score.
”Achieving our sustainability targets takes an enormous amount of work and commitment. There are immense challenges for global businesses and the seafood industry that is continually evolving,” said Thiraphong Chansiri, president and CEO of Thai Union.
“Our listing on the DJSI recognises that sustainability is not only integrated across Thai Union’s business practices, but has become the way the company does business. And while there is an incredible amount of work still to be done, we have great ambitions to continue pushing the transformation that will benefit the wider seafood industry.”
High acheiver
In the two key dimensions of Governance & Economic and Environmental, Thai Union achieved a 99th percentile score from the DJSI while it received a 100th percentile score for the Social dimension.
Thai Union also received a 100th percentile score in 13 areas including: Supply Chain Management, Environmental Policy & Management Systems and Human Capital Development.
The DJSI announcement comes after Thai Union was last month ranked number one for the second consecutive time on the Seafood Stewardship Index (SSI) of the World Benchmarking Alliance, which assessed the contribution of the world’s 30 largest seafood companies to the United Nations Sustainable Development Goals.
Industry-leading sustainability measures Thai Union has already introduced or committed to include the launch of its Tuna Commitment 2025 and its commitment to a full Employer Pays Principle for all recruitment of migrants to work in its Thailand-based operations from 1 January 2022.
It’s also working on a global packaging strategy to ensure 100% of its branded packaging is reusable, recyclable or compostable by 2025, as well as an average of 30% recycled content in its branded packaging by then.
