SUSTAINABILITY |
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.