At a glance
- Company
- Thai Union Group PCL
- Announcement
- Award
- Location
- Bangkok
Key figures
- Content Completeness criterion
- 45 percent
- Content Reliability criterion
- 35 percent
- Communication and Presentation criterion
- 20 percent
People
- Pannita SuttisawadSustainable Impact Reporting Manager at Thai Union
- Woranat PianthamDirector of the Thaipat Institute
Products and programs
Bangkok, December 4, 2024 -- 
Thai Union Group PCL, the world's seafood leader, has been honored with the 2024 Sustainability Disclosure Award by the Thaipat Institute. The award, which was presented to Ms. Pannita Suttisawad, Sustainable Impact Reporting Manager at Thai Union, by Mr. Woranat Piantham, Director of the Thaipat Institute, recognizes companies for their clear and transparent disclosure of sustainability information. The ceremony was held at Bangkok Art and Culture Centre.
The award highlights Thai Union’s commitment to comprehensive reporting on environmental, social, and governance (ESG) performance.
The Thaipat Institute evaluates companies based on three key criteria based on international frameworks such as Ceres-ACCA: Content Completeness (45 percent) Content Reliability (35 percent) Communication and Presentation (20 percent). The assessment reviews publicly available sustainability information, including sustainability reports, integrated CSR reports included in annual reports, or other formats like standalone reports, electronic data, online platforms, and infographics. No additional surveys or questionnaires are required for the evaluation.
This recognition underscores Thai Union's commitment to transparency and the continued progress achieved under its SeaChange® 2030 sustainability strategy.
If you detect any issues, problems, or errors in this press release content, kindly contact [email protected] to notify us (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). We will respond and rectify the situation in the next 8 hours.
Questions around this news
What criteria did the Thaipat Institute use to assess sustainability disclosures?
The assessment considered three areas: how fully the information covered the relevant topics, how dependable that information was, and how clearly it was communicated. The release assigns weights of 45 percent, 35 percent, and 20 percent to those areas, respectively, and says the evaluation drew on international frameworks such as Ceres-ACCA.
What materials can be reviewed in the Sustainability Disclosure Award assessment?
The institute reviews sustainability information already made public. The release lists sustainability reports, CSR material incorporated into annual reports, standalone documents, electronic data, online platforms, and infographics as possible sources. It also says applicants do not need to complete additional surveys or questionnaires for the assessment.
What does the award recognize about Thai Union’s sustainability reporting?
The award recognizes the clarity and openness of the company’s sustainability information. The release says the recognition reflects its focus on reporting environmental, social, and governance performance, as well as continued progress under its SeaChange 2030 sustainability strategy. It does not provide further details about the strategy’s individual targets or activities.
What is the purpose of sustainability disclosure?
Sustainability disclosure is the public reporting of an organization’s impacts, policies, goals, and performance on topics such as the environment, workers, communities, and corporate oversight. It helps readers understand how the organization addresses these matters and provides information that can be compared over time or with other disclosures.
Earlier from Thai Union Group PCL
- Thai Union records Q3 2024 net profit of THB 1.4 billion, driven by sales growth in Ambient, PetCare, and Value-added categories
- Thai Union Receives Two Prestigious Awards from the Investment Analysts Association
- Thai Union Helping Hand to Flood-Affected Communities in Northern and Northeastern Thailand
- Thai Union Strengthens Fight Against Ocean Plastic with New Partnerships
- Thai Union records Q2 2024 net profit of THB 1.2 billion as Ambient, PetCare, Value-added continue to recover
