Home / 2018 Sustainability Report / The ThaiBev Sustainability Approach Message the President and CEO

2018 was a significant year for Thai Beverage Public Company Limited (“ThaiBev”). As we marked our 15th anniversary, ThaiBev was recognized as a member of Dow Jones Sustainability Indices (DJSI) for the World Index family and Emerging Markets Index family. We achieved the highest sustainability scores on a global scale and were recognized as an industry leader, reflecting our progress towards fulfilling our goal of becoming a stable and sustainable leader in ASEAN and the world’s leading beverage company.

Led by our “Vision 2020”, which emphasizes the five pillars of Growth, Diversity, Brands, Reach and Professionalism, in 2018 ThaiBev also pushed ahead with its expansion in ASEAN. Two landmark moments – our acquisition of Saigon Beer - Alcohol - Beverage Corporation (Sabeco) in Vietnam and Grand Royal Group in Myanmar – will help us achieve our Vision 2020 objectives. Over the last 15 years, ThaiBev has grown to become a true ASEAN company with a wide range of products in our portfolio, diverse and professional working teams, and extensive reach throughout the ASEAN region.

This progress comes with significant and growing responsibilities. As ThaiBev moves forward, we must constantly monitor and assess our risks and impacts in order to create truly sustainable growth for the region. We must stay abreast of social and technological changes, and consider the environmental footprint of our supply chain. As our workforce grows, and our operations cross new borders, we must meet the new challenges by maintaining our values and respecting the rights of all.

At the heart of our commitment to all the communities in which we operate is our ongoing dedication to “Creating and Sharing the Value of Growth.” This means ThaiBev will not only pursue growth in the name of financial bottom line, but also to promote quality of life in community, the health of the environment and the happiness of the people. For the past several years, since we established our Corporate Sustainability Development Committee, we have further instilled the sustainability ethos in the management and among the workforce, and each year, as evidenced by our improving DJSI scores, we are achieving a deeper understanding and more effective implementation by embedding sustainability practices throughout our human capital, value chain and business practices.

In Thailand, our commitment to sustainability has been highlighted not only by our internal dedication to reduce our footprint and protect the health of our workers and consumers, but also by our extensive outreach to communities through the Pracharath Rak Samakkee social enterprises initiative. This social enterprise network focuses on income-generating in the areas of agriculture, value-added products and community-based tourism. ThaiBev facilitates improvements in five areas – access to factors of production, innovations, marketing, communication and creating awareness of sustainability and management. All of our activities continue to be guided by the principles of the late King Bhumibol Adulyadej Borommanathbobitra’s Sufficiency Economy Philosophy and the United Nations’ 17 Sustainable Development Goals.

Also relevant to our commitment to a prosperous ASEAN is our work together with C asean, an institution which is focused on supporting start-ups, fostering connectivity, and strengthening competitiveness among all ASEAN countries. ThaiBev is inspired to preserve and showcase the unique cultural attributes of Thailand and ASEAN.

As we completed 15 years of successful operations, it is clear that great opportunities lie ahead. ThaiBev’s determination to be an ASEAN business leader remains as strong as ever. Our goal is to not only maintain strong growth but to benefit all of our stakeholders and contribute to the overall social and environmental progress of the region.

Thapana Sirivadhanabhakdi
President and CEO

2018 Sustainability