ThaiBev’s Board of Directors (“the Board”) is responsible for overseeing the overall management of the business, ensuring the sustainable and successful operations of the ThaiBev Group, as well as maintaining effective risk management and internal controls. To support this responsibility, the Board has dedicated committee at board-level members responsible for risk oversight, the Sustainability and Risk Management Committee (SRMC), which provides guidelines for implementing corporate sustainability and risk management strategies, and oversees key corporate risks and sustainability-related matters. This includes reviewing the Group’s risk appetite and tolerance levels, and presenting recommendations to the Board for approval.
The SRMC plays a central role in assessing and managing risks across all key functions, Product Groups, Business Units, and subsidiaries to ensure comprehensive coverage of sustainability and corporate risks. It also collaborates closely with the Audit Committee, which oversees the integrity of the group’s reporting, audit processes, and internal control systems while ensuring compliance with legal and regulatory requirements, including climate-related public policy engagement. ThaiBev supports two major Trade Associations in Thailand, namely The Federation of Thai Industries (FTI) and Thai Chamber of Commerce (TCC). And our executives have been assigned positions in Executive Boards of FTI

Name	Position (ThaiBev)
		Trade Association	Position (Trade Association)
Kosit Suksingha	Chief Operating Officer (Thailand) and Non-Alcoholic Beverage Business	FTI	Vice President
		TIPMSE (of FTI)	President
Orathai Poonsup	Chief Supply Chain Management (Thailand)	TIPMSE (of FTI)	Vice President

Through participation in trade associations, ThaiBev engages in shaping environmental-related policies and are able to align policy-influencing activities with its sustainability commitments as well as the Paris Agreement. ThaiBev has been actively engaging in developing the Extended Producer Responsibility (EPR) law in Thailand. EPR principles are included in Thailand’s Plastic Waste Management Plan for 2019–2030 and the national agenda of resource management in the circular economy as part of the BCG Economic Model that supports Thailand roadmap to achieve Net Zero.

In December 2021, ThaiBev and its subsidiaries, joined a consortium in ‘The Intention Declaration of Extended Producer Responsibility’ to drive EPR through the PACKBACK program. Endorsed by the Ministry of Higher Education, Science, Research and Innovation (MHESI), the Ministry of Natural Resources and Environment, and the Ministry of Interior, the program has successfully been implemented on a pilot scale in Chonburi province, Thailand, since January 2022. The consortium consists of more than 70 parties including producers, retailers, recyclers, local government organizations, and research institutes in demonstrating the potential of EPR for the management of packaging waste. ThaiBev, as one of the major drivers of the EPR scheme, is in charge of managing PACKBACK pilot project in Chonburi province, and data collection on glass recycling to support the development of a national packaging database. The initiative also aims to explore local engagement in alignment with the responsibilities of a Producer Responsibility Organization (“PRO”). Through TIPMSE’s pilot projects, a collaborative network has been established with key organizations such as PPP Plastic, PRO Thailand Network, and Al Loop. In 2025, a voluntary EPR operation to collect used packaging will be tested, with the goal of gaining valuable lessons and providing recommendations to the government for establishing a suitable framework for Thailand.

ThaiBev also supported the Ministry of Natural Resources and Environment in organizing the Thailand Climate Action Conference (TCAC) in 2024. TCAC is considered a major platform that drives action on climate change in Thailand at all levels and in all sectors, and was joined by the Cabinet, ambassadors, international organizations, executives of government agencies, the private sector, and provincial governors. All parties have reported their progress and identify actions needed to be taken in order to reaffirm Thailand’s commitment to achieve carbon neutrality by 2050, and net-zero emissions by 2065, in line with the 1.5-degree Celsius goal under the Paris Agreement. As well as the Nationally Determined Contribution goal from 20% to 40% by 2030. The agenda includes disseminating operational progress, transferring global goals to operational directions in Thailand in order to be aware of the situation and jointly build readiness for action at all levels. The results from TCAC were reported during the 29th session of the Conference of the Parties to the Framework Convention (COP29) that took place in Baku, Azerbaijan.



ThaiBev Group CEO, and Chief Sustainability and Strategy, also participated in ‘Climate Action Leaders (CAL) Forum’ organized by Thailand Greenhouse Gas Management Organization (TGO) of the Ministry of Natural Resources and Environment (MONRE). The objectives of CAL Forum are to promote climate action literacy on the state of the climate crisis, and to create a communication platform for leaders from all sectors to exchange ideas and experiences on GHG emission reduction strategy. At the end of the Forum, participants propose (Draft) Communication and (Draft) Declaration of Intent on Thailand Climate Action to achieve Net Zero and Carbon Neutral targets to the Minister of MONRE, which includes recommendations for climate-related policies such as Carbon Pricing, Green Taxonomy, Sustainable Finance, and establishment of Climate Change Department under the MONRE. The new department’s mission will be to set up policy, strategy and measures to deal with climate change and reduce greenhouse gas emissions in the country.