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PACKAGING & CIRCULAR ECONOMY
PACKAGING & Circular Economy

Packaging
Commitment

Packaging
Guideline

Packaging
Materials
Packaging & Circular
Economy
COLLABORATION
with external parties to tackle packaging waste
Packaging is crucial for maintaining product quality during transportation and storage, as well as influencing consumers’ decisions. Applying circular economy principles throughout its value chain, ThaiBev has developed a packaging collection system to create recycling opportunities post-consumption, especially with primary packaging materials such as glass, paper, aluminum cans, and PET bottles. Thai Beverage Recycle (TBR), a ThaiBev subsidiary, is dedicated to managing post-consumption packaging.

ThaiBev has made tangible, organization-wide, and time-bound commitments to reduce packaging materials volume and/or weight. We have launched initiatives to increase the use of reusable and recyclable packaging; to phase out disposable plastic packaging; to increase the incorporation of recycled materials into packaging; to ensure that recyclable packaging is recycled; and to allocate research and development resources to sustainable packaging and alternative solutions.
Management Approach
ThaiBev aims to achieve packaging circularity, taking into account all environmentalas well as social impacts. We integrate circular economy concept into its entire packaging value chain, from product design stage to post-consumption packaging management. 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

Targets
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
Remark: Excluding F&N operations
Moving Forward
In the upcoming year, ThaiBev will implement a comprehensive Group-wide packaging assessment to gain a thorough understanding of the recyclability of the packaging materials used across our product portfolio in all markets. Conducted in close collaboration with our Product Groups, the assessment will involve engaging with stakeholders through detailed interviews, performing site visits to recycling and manufacturing facilities, and conducting extensive desk research to analyze current practices. Each packaging component will be evaluated and graded based on collection and recycling rates, providing critical insights into areas for improvement, packaging recyclability. Additionally, a recyclability questionnaire will be integrated into new product development process, ensuring that sustainability considerations are embedded from the outset. These proactive measures will prepare ThaiBev for the forthcoming Extended Producer Responsibility legislation, reinforcing our commitment to advancing circular economy practices and contributing to a cleaner environment.