To ensure a science- and evidence-based approach to sustainability that meets public and international expectations, standards and regulations, we create accountability and transparency through our participation in the Task Force on Climate-Related Financial Disclosures (TCFD), Global Reporting Initiative (GRI) and Carbon Disclosure Project (CDP). We have set clear targets and implement action plans to improve our performance in all areas, especially in those that represent key materials issues related to our operations or impacting society at large. In 2022, ThaiBev announced commitments focusing on a broad range of key material issues that involve the company and its stakeholders. These pledges include net-zero greenhouse gas emissions as well as targets for water replenishment and biodiversity. In 2024, ThaiBev reviewed its material priorities through a double materiality assessment that considered both internal and external impacts. The results of this new assessment is published on page 24.
We have also enacted policies and plans that focus on creating collaboration for actions on ESG across our existing ecosystems and across industries. These plans include public platforms, collaborations with partners, and continuous assessment and improvement of our own operations. In this way, ThaiBev can grow new business opportunities, strengthen its competitive advantages, unlock the full value of potential opportunities, and continue to pursue meaningful sustainability initiatives under its mission of “Creating and Sharing the Value of Growth” with stakeholders, while also positively impacting the well-being of society, the environment, and the world.
Remark: Excluding F&N operations. ThaiBev will assess baselines and review targets to include F&N in fiscal year 2025/2026