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Thursday, May 9, 2024

Sustainability investment doubled by Thai union to benefit oceans and communities

Photo courtesy of Bangkok Post

Unrelenting in his pursuit of sustainability, Thiraphong Chansiri, CEO of Thai Union Group PCL, a dominant player in the global seafood manufacturing scene, divulged pivotal advancements in the company’s ecological strategy.

Always at the forefront of advocating sustainable business practices, Thiraphong explained the profound pressure on our oceans, harbouring the livelihood and sustenance of up to 600 million people, particularly in lesser developed nations. He is of the firm belief that an escalation in the company’s sustainability goals is an urgent necessity.

Thai Union initially introduced SeaChange in 2016, seeing a colossal investment of US$100 million set aside to revolutionise the seafood sector. This pioneering endeavour has since doubled, climbing to a staggering US$200 million, equal to the Thai Union’s total 2022 net profit of 7.2…

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