The Board of Directors is responsible for overseeing the business,
setting strategies, and developing the organization for stable and
sustainable growth for the benefits of all stakeholder groups.
The Board of Directors has appointed the Sustainability and Risk Management Committee (SRMC) to support the Board of Directors in formulating sustainability and risk management policies, establishing ThaiBev’s sustainable development strategies, as well as supervising sustainable development activities and risk management in accordance with the policies and strategies set by the Board.
To drive sustainable development, the President and CEO has appointed the Corporate Sustainability Development Committee (CSDC) to be responsible for considering, planning, and implementing ThaiBev’s sustainability development program in line with the direction and strategy set by the Board or the Executive Committee. In addition, the Sustainability Development Working Team (SDWT), consisting of representatives from various business groups and divisions, is responsible for developing plans and sustainable development projects as well as participating in corporate sustainability assessments that verify the comprehensiveness of materiality topics. The SDWT also monitors and reports the progress of sustainable development programs to the SRMC.
ThaiBev has participated in the Dow Jones Sustainability Indices (DJSI) Corporate Sustainability Assessment for five consecutive years, and has been listed in the DJSI Global Beverages Industry Leader for the second year running. The company is the first Asian company to be named a sustainability leader in the beverage industry, and has been listed in the DJSI World index for the third year running (2017, 2018 and 2019). It has also been listed as DJSI emerging market member for four consecutive years. In addition, the company’s sustainability performances have developed in leaps and bounds, and it has been recognized as an Industry Mover in 2017-2018, for two years in a row. This remarkable achievement is a result of continuous effort to become a leading sustainable organization.
ThaiBev places importance on environmental issues first and foremost. However, both environmental and social issues can affect the company’s business operations; if the environment is destroyed, the community cannot survive. This will affect society as a whole and prevent business from thriving. Therefore, it is important for the environment, community and society to co-exist.