Sustainable Development Governance
Engagement and leadership begins with our Board
of Directors, which is responsible for overseeing and determining the company’s overall ESG, business and risk strategies, and guiding the organization toward stable
and sustainable growth for the benefit of all stakeholders. Under the ESG strategy “Enabling Sustainable Growth,”
the Board believes we can grow our business and reduce risk, while creating numerous opportunities for our stakeholders and ultimately sharing these benefits
with society as a whole.
The Board-appointed Sustainability and Risk Management Committee (SRMC) further helps formulate the company’s ESG strategy and risk management policies, and oversees ESG and risk management activities in accordance with the policies and strategies set by the Board.
In 2022, ThaiBev appointed an Executive Vice President
to act as Chief Sustainability and Strategy. To ensure the company’s group strategy and business transformation is integrated with its sustainability plans. Chief Sustainability and Strategy also serves as secretary of the Sustainability and Risk Management Committee (SRMC), which is supported by the Sustainability Development Working Team (SDWT). SDWT, comprised of representatives from different business units, develops plans and ESG projects and participates in corporate sustainability assessments that verify the comprehensiveness of material sustainability topics. The SDWT also monitors and reports the progress
of ESG programs to the SRMC.