Thai Union Publishes Sustainability Report
Thai Union Group PCL released its annual Sustainability Report on June 5. The 114-page document compares the Bangkok-headquartered seafood company’s achievements from January through December 2016 against key performance indicators, and targets outlined in its SeaChange sustainability strategy.
The report details how Thai Union’s strategic approach to sustainability is transforming the way the seafood industry operates worldwide. It covers sustainability progress across every aspect of its business: from how the company looks after the oceans to how it manages waste; from responsibility to workers to building brighter futures for communities where the company operates.
“Today, our world faces a range of sustainability challenges. The action we take will determine much about the type of world we inhabit tomorrow,” said CEO Thiraphong Chansiri. “Thai Union is determined to do its part to ensure that world is a brighter one. We have fully embraced our role as a leader for positive change as one of the largest seafood companies in the world. This means putting sustainability at the heart of our business.”
Sustainability Report 2016 was prepared in accordance with the internationally recognized sustainability reporting guidelines known as the Global Reporting Initiative (GRI) Guidelines G4 and its Food Processing Sector Supplement (FPSS). The report is in agreement with the GRI G4 Guidelines – Core option.
“Transparency is vital, so 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,” said Dr. Darian McBain, the company’s group director for sustainable development.
As Thai Union is a participant in the United Nations Global Compact (UNGC), the report also serves as its annual Communication on Progress (COP) to stakeholders. The COP spells out progress in implementing the Ten Principles of the UNGC within the company’s sphere of influence, as well as its progress in supporting the environmental and social responsibilities of the broader UN Sustainable Development Goals (SDGs).
“It has been a truly remarkable year for Thai Union, full of tremendous achievements in sustainability," said Chansiri. “When I reflect on these accomplishments, I often recall the old saying that we do not inherit the earth from our ancestors – we borrow it from our children.”
The chief operating officer added: “We will continue to make progress and maintain unceasing focus on leveraging our leadership position and collective strengths to resolve the sustainability challenges confronting the global seafood industry.”
Sustainability Report 2016, published in English and Thai is now available in print and online as a PDF at www.thaiunion.com/en/sustainability/report. Additionally, Thai Union will soon release an interactive version with videos and infographics.