Sustainability Management
- Amid global challenges and change, the Company remains committed to conducting business with transparency and good governance. We have established a robust and systematically integrated governance structure to ensure that sustainability policies are translated into concrete actions across all dimensions — environmental, social, and economic.
- Policy Level: The Board of Directors is responsible for setting the Company’s vision, mission, and strategic direction.
- Management Level: The Corporate Governance and Sustainability Committee is responsible for reviewing action plans and overseeing sustainability-related risks.
- Operational Level: The Sustainable Business Development Working Group coordinates and drives action plans toward practical implementation.
Sustainability Management Policy
Thai President Foods Public Company Limited
Transparency and Integrity
We are committed to conducting business responsibly, taking accountability for the impacts arising from our operations, while upholding transparency, accountability, ethics, and respect for human rights.
Quality and Environment
We are committed to producing quality instant food products that are safe for consumers and mindful of impacts on communities and the environment. We comply with applicable requirements, laws, and standards, while continuously improving our social responsibility practices.
Stakeholders and Supply Chain
We are committed to appropriately responding to the needs and expectations of all stakeholder groups across the supply chain to support the Company’s continuous and sustainable business operations. We engage with stakeholders affected by our operations, identify and prioritize key stakeholder groups, establish appropriate engagement channels and approaches, and foster collaboration to create shared value for all stakeholders, while continuously monitoring and reporting our performance.
Sustainability Risk Management
We integrate risk management into corporate strategy by applying the COSO ERM 2017 framework, covering 14 key sustainability issues that may affect the business in both the short and long term. This approach strengthens business resilience while enabling the Company to capture opportunities for sustainable growth.
Examples of Key Risks Include:
Climate Change Risk
- We apply the TCFD framework to assess physical risks, such as natural disasters, and transition risks, such as regulatory changes and carbon taxation, to accelerate the transition toward clean energy.
Social and Human Rights Risks
- We assess impacts across the value chain, including community-related concerns such as dust, odor, and noise, while ensuring a safe and healthy working environment for employees.
Business Continuity Risk (BCP)
- We have established emergency response plans to ensure business continuity, enabling the Company to maintain production and deliver products without disruption.
Personal Data Protection (PDPA)
- We have established a strict personal data protection policy to safeguard the privacy of customers’ and business partners’ data, ensuring confidentiality and maintaining trust.
Strong Governance Structure
- The Board of Directors plays a key role in setting the Company’s strategic direction and closely monitoring performance. This includes approving sustainability strategies and Carbon Neutrality targets, reviewing operational performance, and conducting regular performance evaluations to continuously enhance governance standards.
Role of the Board of Directors
company
Approve ESG Strategy
Approve Strategy
Review and approve sustainability strategies, including Carbon Neutrality targets, to ensure alignment with the Company’s business direction.
Oversee and Monitor Performance
Oversee, Monitor, and Conduct Regular Reviews
Require regular reporting on sustainability progress and risk management as agenda items at Board of Directors’ meetings.
Strong Structure
Board Structure and Effectiveness
Establish a robust governance structure to support transparent, accountable, and effective ESG implementation.
Board Self-Assessment
Board Performance Evaluation
Conduct annual Board performance evaluations to review effectiveness and continuously enhance governance standards.
