The Bangkok-headquartered Thai Union Group, one of the world’s leading frozen and canned seafood companies and owner of a global portfolio of seafood brands, has been named to the FTSE4Good Emerging Index by FTSE Russell.
The FTSE4Good Emerging Index is an extension of the FTSE4Good Index Series – the latter of which launched in 2001 to help investors integrate environmental, social and governance (ESG) factors into their investment decisions and as a framework for corporate engagement and stewardship.
The indices identify companies that better manage ESG risks and are used as a basis for tracker funds, structured products and as a performance benchmark.
The FTSE4Good Emerging Index was launched in December of 2016. It covers more than 20 emerging nations.
Thai Union is now included in two of the world’s most followed sustainability indices. In 2016, the company was named to the Dow Jones Sustainability Emerging Markets Index (DJSI) for the third consecutive year.
“Thai Union and all of its brands around the world are committed to operating in an environmentally and socially responsible manner – our future depends on it,” said CEO Thiraphong Chansiri. “We are determined to drive positive change throughout the seafood industry for the benefit of generations to come.”
Last year, Thai Union launched SeaChange, its sustainability strategy that recognizes sustainability is a global need that requires an industry-wide global commitment.
“With our SeaChange sustainability strategy we seek to encourage the entire seafood industry to work together toward sustainability,” said Darian McBain, Ph.D., Thai Union’s global director of sustainable development.