ThaiBev considers value chain development as a key strategy for achieving business success. Thus, ThaiBev pays attention to steps along the value chain to ensure highest product quality and sustainable growth.
Input
Financial Capital
Market Capitalization: 414.99 billion THB
Liabilities: 262,409 million THB
Equity: 210,176
million THB
(as of 30 September 2021)
Manufactured Capital
Total assets:
472,585 million THB
Property, plant
and equipment:
60,717 million THB
Human Capital
Total workforce:
43,422 employees
Total employee training hours:
688,596.90 hours
Intellectual Capital
Knowledge management
system
Brand value
Social & Relationship Capital
Strong relations
with stakeholders
Collaboration with business partners
Community development & philanthropy over
300 million THB
Natural Capital
Water consumption: 13.9 Megaliters
Energy consumption: 8,779,398 GJ
Raw Materials & Packaging
1,125,526.74 tons
Outcome
Total Revenue
245,559
million THB
Net Profit
27,339
million THB
EBITDA
46,629
million THB
Lost time injury
frequency rate (LTIFR)
1.43
per 1 million working hours
Employee
turnover
10%
Zero
human rights
complaint
Create
1,695
million THB
worth of income for Communities
for over 5 years.
ThaiBev
Material Sustainability Issue
ThaiBev continued to review key sustainability issues facing the organization and added one material issue to the original list of 16 in 2019 to 17 issues in 2020 in response to global trends and stakeholder concerns.
The COVID-19 pandemic required continued government involvement to address the problem, including home quarantine and physical distancing requirements. These impacted people’s daily lives and consumption behaviors as they adapted to “new normal” lifestyles. For example, there has been a continued rise in online shopping, as consumers remain concerned about their health and safety.
An assessment of key sustainability issues determined that stakeholders are concerned about the safety of both products and services, as well as employees’ safety in the workplace. Supply chain disruptions have further impacted key sustainability issues with important implications. Major issues include:
Consumer health and safety
Sustainable supply chain
Product health and nutrition.
ThaiBev’s
Key Sustainability Topics
The company identified and analyzed risks and opportunities along with business goals and strategies, stakeholder expectations, and trends in three broad areas related to sustainability: environmental, social, and economic. The results from the risk assessment were used to develop a risk mitigation action plan, and responsible persons were assigned to implement the plan.