Thai Union undertakes a comprehensive double materiality assessment every two years to identify and prioritize sustainability topics that have significant impacts on both the company’s business and its stakeholders.
This process is aligned with leading global frameworks, including the Global Reporting Initiative (GRI) Standards 2021 and its Sector Standard for Agriculture, Aquaculture, and Fishing; the European Union’s Corporate Sustainability Reporting Directive (CSRD) in line with the European Sustainability Reporting Standards (ESRS) developed by EFRAG; the International Financial Reporting Standards (IFRS S1 and S2) by the International Sustainability Standards Board (ISSB); the Task Force on Climate-related Financial Disclosures (TCFD); the United Nations Sustainable Development Goals (SDGs); and the S&P Global Corporate Sustainability Assessment (CSA). These alignments ensure our reporting is consistent with emerging global disclosure requirements.
The double materiality assessment results will be reanalyzed at the organizational level under the supervision of the Sustainability Committee.
