ThaiBev Sustainability

Packaging & Circular Economy	Packaging Commitment	Packaging Guideline
Packaging Materials	Packaging Collaboration

Management Approach

ThaiBev aims to achieve packaging circularity, taking into account all environmental as well as social impacts. The company integrates the circular economy concept into its entire packaging value chain, from design stage to post-consumption packaging management. The key elements of ThaiBev’s management approach towards packaging circularity are:

Optimization of Packaging Weight and Volume
Post-consumption Packaging Collection and Sorting
Reuse and Recycle
Innovation and Product Design for Sustainable Packaging
Stakeholder Collaboration

ThaiBev's Packaging Value Chain

MANAGEMENT INCENTIVE AND COMPENSATION

Management Level	Type of Incentive	Incentivized KPIs	Detail
Chief Supply Chain Management and Executive Officers	Monetary	Waste management and circular economy	ThaiBev sets Corporate KPIs that reflect our CEO, executive, and employee compensation. ThaiBev’s Corporate KPIs relating to Waste Management and circular economy consisting of retrieval target for all main packaging. We define and categorize the criteria for achieving Corporate KPIs into 5-level. Compensation and bonuses will be allocated to relevant executives and employees, with related targets to Retrieve 100% of glass packaging and 250% of paper packaging sold in Thailand by 2025 Retrieve 100% of aluminum can and PET bottles sold in Thailand by 2030
Business Unit Managers	Monetary	Waste management and circular economy	ThaiBev sets Corporate KPIs that reflect our CEO, executive, and employee compensation. ThaiBev’s Corporate KPIs relating to Waste Management and circular economy consisting of retrieval target for all main packaging. We define and categorize the criteria for achieving Corporate KPIs into 5-level. Compensation and bonuses will be allocated to relevant executives and employees, with related targets to Retrieve 100% of glass packaging and 250% of paper packaging sold in Thailand by 2025 Retrieve 100% of aluminum can and PET bottles sold in Thailand by 2030

Achievements


Read More Information about PACKAGING & CIRCULAR ECONOMY in Sustainability Report 2023