Home / 2018 Sustainability Report / The ThaiBev Sustainability Approach About ThaiBev
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ThaiBev, besides being a leading producer of beverages in Thailand, is also one of the largest producers in Asia. The business is divided into four main segments: spirits, beer, non-alcoholic beverages and food. In 2018, ThaiBev was listed in the Dow Jones Sustainability Indices (DJSI) for 2018 in the beverage sector, in both the DJSI World and DJSI Emerging Markets categories. Gaining the highest score on sustainability, ThaiBev was recognized as No.1 in the World category and was selected as an Industry Leader in the beverage sector.
Vision
Our vision is to be a world-class total beverage producer and distributor, embodying commercial excellence, continuous product development and premiumization, as well as professionalism.
Mission
ThaiBev’s mission is to build strong mutually beneficial relationships with all stakeholders in every aspect, guided by the following six principles:
  • Offer top quality products to all customer segments.
  • Respond professionally to distributors’ demands.
  • Grow revenue and profits in a sustainable manner to create value for shareholders and provide favorable returns on investments.
  • Be a role model of the highest standards of professionalism, corporate governance, and transparency.
  • Build a sense of ownership among employees by trusting, empowering, and renewing them.
  • Contribute to society.
Strategy
Growth
We aim to solidify ThaiBev’s position as the stable and sustainable largest beverage company in Southeast Asia, and create return to shareholders.

Diversity
To support and sustain ThaiBev’s growth, we plan to diversify our revenue streams, increasing revenue contribution from non-alcoholic beverages and the sale of products outside of Thailand.

Brands
By streamlining ThaiBev’s businesses into three product groups (spirits, beer, and non-alcoholic beverages) and identifying core brands within each, as well as focusing on primary and secondary markets with the greatest growth potential, we look to expand the business via a consumer and market-driven approach.

Reach
To realise the potential of ThaiBev’s core brands, robust and efficient routes to all markets are required. Accordingly, we seek to build on our market leading business processes and supply chains to strengthen existing distribution networks, establish new ones, and also enter into partnerships with third-party distributors when appropriate.

Professionalism
We strive to ensure that we have a diverse and high performance workforce, and that the teams behind all three product groups work together seamlessly, leveraging cross-product group synergies where applicable, further strengthening our long term potential.
Goods and Services
ThaiBev products are sold in 90 countries worldwide. ThaiBev owns 5 distilleries in Scotland, a country famed as the origin of world-class whiskey brands such as Balblair, Old Pulteney, and Speyburn. ThaiBev also owns another distillery in China, where the spirit Yulinquan is produced.

As of September 30, 2018, there were 196 companies in the ThaiBev Group, as follows:
  • 97 companies in Thailand. 96 of which are subsidiaries, and 1 associated company; namely, PETFORM (Thailand) Limited.
  • 99 companies abroad (76 of which are subsidiaries, 18 associated company and 5 of which are indirect partner company of subsidiaries within Sabeco.)
  • There are 18 distilleries, 3 beer breweries, and 12 non-alcoholic beverage production factories, as well as an extensive distribution network covering 400,000 points all over Thailand.
Notable products include:

Spirits:
Ruang Khao, SangSom, Mekhong, Hongthong, Blend 285, Kulov, and Star Cooler.

Beers:
Chang Beer, our main product which is a widely popular beer among Thai consumers, including Chang Classic, Federbrau, Tapper and planned new products, Huntsman and Black Dragon by Oct–Nov 2018.

Non-alcoholic beverages:
ThaiBev is famous for OISHI Green Tea, est Cola, 100 Plus, Crystal Drinking Water, Chang Mineral Water and Rock Mountain Soda. Planned to release OISHI Gold premium tea by Nov–Dec 2018.

Foods:
Restaurants under the names OISHI Grand, OISHI Eaterium, OISHI Buffet, Shabushi, OISHI Ramen, Nikuya, Kakashi, Hyde & Seek, Man Fu Yuan, mx cakes & bakery, SO asean Café & Restaurant, Food Street, POT Ministry, Café Chilli, and Baan Suriyasai. ThaiBev also founded The QSR of Asia Limited to operate KFC restaurant franchise in Thailand for 252 branches.
SALES REVENUE
229,695 MILLION BAHT

NET PROFIT
20,726 MILLION BAHT

NUMBER OF EMPLOYEES
41,551 PERSON

DEBT-TO-EQUITY (D/E)
1.86 TIMES

RETURN ON EQUITY (ROE)
15.18 PERCENT
In the past 19 Years
3,800,000
Blankets
Across 45 provinces and 578 districts have been donated
ThaiBev’s athletic development programs supported more than
150,000
Youths From 54 provinces
ThaiBev has initiated social development projects covering
100%
or all 77 provinces in Thailand

REDUCTION OF ENERGY INTENSITY RATIO BEVERAGE BUSINESS)
18%
COMPARED TO 2014 AS A BASE YEAR

REDUCTION OF GREENHOUSE GAS EMISSION INTENSITY RATIO (BEVERAGE BUSINESS)
16%
COMPARED TO 2014 AS A BASE YEAR

REDUCTION OF WATER INTENSITY RATIO (BEVERAGE BUSINESS)
17%
COMPARED TO 2014 AS A BASE YEAR

REUSED AND RECYCLED WASTE (BEVERAGE BUSINESS)
89%
2018
Total income (annual)
232,598
million baht
October 2017 to September 2018, period of 12 months

Foreign income proportion
25%
Domestic income proportion
75%
2017
Total income (annual)
190,697
million baht
October 2016 to September 2017, period of 12 months

Foreign income proportion
3%
Domestic income proportion
97%

Annual Dividend (million baht)

Employee Benefit Expenses (million baht)

Income Tax Expenses (million baht)


Cost of Sales (million baht)


Note
1. Economic value generated and distributed is defined by Income (refer to GRI201-1: Revenue), Cost of Sales (refer to GRI201-1: Operating cost), Employee Benefit Expenses (refer to GRI201-1: Employee Wages and Benefits), Income Tax Expenses (refer to GRI201-1: Payments to Government), and Annual Dividend (refer to GRI201-1: Payments to Provider of Capital). The scope of this report is limited to operations in Thailand. However, the Economic performance section refers to ThaiBev and subsidiaries and is consistent with the 2018 Annual Report.

2. Employee benefit expenses, which is part of Cost of Sales, was 5,022 million baht during the period of Oct 2017-Sep 2018 and was 3,528 million baht during the period of October 2016 to September 2017. The excise tax paid to the government is also part of Cost of Sales.

3. Geographic income for the Thai Beverage Group according to ThaiBev’s financial statements for the period ended 30 September 2018.

4. Annual dividend to ThaiBev’s shareholder.

ThaiBev
2018 Sustainability