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Message from the CEO
Even as the world celebrates the gradual return to normalcy after the COVID-19 pandemic, the continued impact of climate change has drawn increasing global focus on sustainable development. As a beverage and food leader in the ASEAN region, all of us at ThaiBev are conscious that industry leadership is not only about ensuring our Group’s business resilience and operational excellence, but also about protecting the environment, supporting local communities, and enhancing governance.
ThaiBev honors the royal command of His Majesty King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua to continue, maintain and extend for the benefit and happiness of the people and the Sufficiency Economy Philosophy according to the initiative of His Late Majesty King Bhumibol Adulyadej The Great as a guideline for sustainable development. In 2022, we have formulated a sustainability strategy based on the concept “Enabling Sustainable Growth” through three pillars: environment, society, and good governance, with clearly measurable goals in each area to cover all dimensions of sustainable development.

Under the Environmental pillar, we have pledged to achieve Net-Zero emissions from our operations (Scope 1) and purchased energy use (Scope 2) by 2040, as well as 100% water replenishment by the same year. We are currently participating in CDP Climate disclosure, for the first time. This additional disclosure will shed more light for our stakeholders on ThaiBev’s greenhouse gas emissions, energy use, and how we manage risks from climate change.

Under the Social pillar, we set out to improve employee engagement across the Group, and to provide our employees with more opportunities to upskill and reskill. We also aim to derive 80% of our non-alcoholic beverage sales from healthy beverages by 2030, while uplifting communities through five types of programs: education, public health, sports, arts and culture, and community development. Under the Governance pillar, we are implementing effective work standards across all ThaiBev Group entities, while working closely with our suppliers and business partners to enable responsible sourcing and sustainable supply chain operations.

In addition to embedding ESG into our business operations, we have leveraged our leadership position in the industry to organize various sustainability-related initiatives. In 2022, ThaiBev co-hosted the largest sustainability expo in ASEAN: Sustainability Expo 2022 (SX2022) at the Queen Sirikit National Convention Center on September 26–October 2, 2022. The Sustainability Expo aims to encourage organizations from all sectors to collaborate with the public to work towards a sustainable society and reduce long-term environmental impacts. It provides a neutral platform to support global efforts to achieve the United Nations’ Sustainable Development Goals by 2030. More than 100 international and Thai organizations and 400 practitioners from around the world shared their sustainable development experience and perspectives.

Fully recognizing that ThaiBev’s ability to achieve our PASSION 2025 goals is closely intertwined with healthy natural environment and inclusive communities, I would like to thank our employees, suppliers and customers, business partners, investors and all stakeholders for their support and trust in ThaiBev, as well as for their contribution to our sustainability journey. We are committed to working with you towards a clean environment and sustainable future, as stated in our mission of “Creating and Sharing the Value of Growth”.
Thapana Sirivadhanabhakdi
President and CEO