Thai Union Group PCL won two awards at The Asset Triple A Sustainable Finance Awards 2024 from The Asset magazine in recognition of its leadership in Blue Finance.
Thai Union was awarded “Best Issuer for Sustainable Finance” and “Best Sustainability-Linked Loan – Food Products”. The awards were in recognition of Thai Union securing a THB 11,485 million Sustainability-Linked financing package in 2023, marking the commencement of the second phase of the Company’s Blue Finance agenda.
The Company has set a target of increasing sustainable financing to 75 percent of its long-term financing by 2025. Aligning with Thai Union’s sustainability ambition under SeaChange® 2030, Key Performance Indicators and Sustainable Performance Targets focus on the Company’s overall ESG performance, including maintaining consistent high rankings in the Dow Jones Sustainability Indices Food Products Industry Index, reducing Scope 1, 2, and 3 Absolute Greenhouse Gas Emissions, and moving toward sustainable aquaculture.
Ludovic Garnier, Group Chief Financial Officer at Thai Union, and Yongyut Setthawiwat, Managing Director, Group Treasurer – Treasury and Finance Shared Services, accepted the awards on behalf of the Company.
The Asset Triple A Sustainable Finance Awards, which are in their 25th year, present awards for banking, finance, treasury, and capital markets.