This printed article is located at https://investor.thaiunion.com/award.html

Awards & Recognition

1. 2015 Person of the Year by IntraFish Media awarded
to Mr. Thiraphong Chansiri – the first executive to receive this same honor twice, with the first time in 2012. The award criteria includes leadership vision and commitment and perseverance against challenges. This can be reflected in the executive’s vision for the company, industry and country as a whole.

2. Awards from FinanceAsia’s 2014 Best Managed Companies Poll:

  1. Best CEO in Thailand (Mr. Thiraphong Chansiri)
  2. 2nd Best Investor Relations in Thailand

3. The Outstanding Investor Relations (IR) Award for publicly listed Thai companies with market capitalization in excess of THB 100 billion for the second year running.
The award is part of the grand SET Awards 2015 organized annually by the Stock Exchange of Thailand and Money & Banking Magazine.

4. Certificate for Excellence in Investor Relations, awarded by the IR Magazine at the 2015 IR Awards South East Asia Ceremony.
The award panel comprises over 400 senior investors and analysts around Asia with the selection criteria focusing on accurate, timely and complete disclosure of investor information.

5. Multiple awards from Asiamoney Magazine:

  1. Best Overall Corporate Governance in Thailand
  2. Best Responsibilities of Management and the Board of Directors in Thailand
  3. Best Corporate Social Responsibility in Thailand
  4. 2nd Best Shareholders’ Rights and Equitable Treatment in Thailand
  5. 2nd Best Investor Relations in Thailand
  6. 3rd Best Disclosure and Transparency in Thailand

The poll is based on a survey of over 350 respected analysts and investors in the Asia Pacific region outside Japan.

6. Award for 2015 Asia’s Best Forecasting Strategy under the Best Treasury & Finance Strategies in Asia-Pacific by Corporate Treasurer Magazine

7. Inclusion in the Dow Jones Sustainability Index (DJSI)
for Emerging Markets for the second consecutive year, with the 2015 overall score boasting a 67 percent improvement over the previous year. The scoring criteria includes progress in the environmental, economic and social management with focus on good corporate governance and social impact management.

8. Inclusion in the list of 2015 Thailand Sustainability Investment by the Stock Exchange of Thailand.

9. Sustainability Report Award for the second consecutive year.
The award is jointly presented by the Thai Securities and Exchange Commission, Thai Listed Companies Association, the Thai CSR Club and Thaipat Institute. The criteria are completeness, credibility and communication.

“What sets Thai Union apart in its sustainability report is the simple and clean design with concise information, completed with images pertaining to the content, making for an interesting read.”

1. Ranked 2nd, Best CEO and Ranked 2nd, Best CFO from FinanceAsia Magazine

2. Best CEO for the 6th consecutive year from IAA Awards for Listed Companies 2014 and Best Investor Relations in the Agricultural and Food Industry from Investment Analysts Association (IAA)

3. Thailand's Corporate Brand Rising Star 2014 Award from Chulalongkorn University
based on a research on Evaluating and Ranking Corporate Brands in Thailand conducted by the Marketing Department, Faculty of Commerce and Accountancy, Chulalongkorn University. The growth rate of Thai Union's brand value was 179.71 percent, equivalent to THB 12 billion - an outstanding achievement in the Agricultural and Food sector comprising of 46 listed companies.

4. Thai Union has been selected by the Dow Jones Sustainability Indices (DJSI) Emerging Markets 2014 in the Food Category.
DJSI is one of the most highly regarded global sustainability indices. Each year a select number of large companies worldwide are invited to participate in the annual Corporate Sustainability Assessment (CSA). 2014 was the first year for Thai Union to be selected by DJSI as the first Thai company in the food category and as an official member of DJSI Emerging Markets 2014.

5. Outstanding Sustainability Report Award 2014 from the Securities and Exchange Commission, Thai Listed Companies Association, CSR Club and Thaipat Institute with consideration given to completeness, credibility and communication of the report
Thai Union's outstanding achievement in sustainability report reflected the ability to present the visualization and content of the context of sustainability in relation to the operation of the organization and the explanation of the uses of natural resources for the business operations and its impacts with explicit details.

6. CSR Recognition Award 2014 from the Stock Exchange of Thailand
presented to listed companies whose operations have been committed to social responsibilities to reflect sustainable operations which cover the 3 important aspects: environmental, social and corporate governance.

7. SET Awards 2014 - Outstanding Achievement in the Category of Investor Relations and Outstanding Achievement in the Category of Corporate Social Responsibility from the Stock Exchange of Thailand and Money and Banking Magazine.
The two prestigious awards demonstrated Thai Union's outstanding operations in investor relations and corporate social responsibility throughout the year.

8. Certificate for the Carbon Footprint for Organization Project from the Thailand Greenhouse Gas Management Organization (Public Organization).
Thai Union has been honored as one of the pioneer organizations who have recognized and given priority to the reduction of greenhouse gas emissions while actively participating in the project.

Awards, Certificates and Rankings

Company policies and management that are effective, along with strong determination to continuously raise all-round potential in management, food innovation and quality standards all, help prepare and strengthen the organization for the future. As a result in 2013, the company won the trust of many independent organizations and was awarded in many areas as follows.

1. Best Annual Report 2013 award from Alpha Southeast Asia magazine
with consideration given to completeness of subject matter, transparency of information analytical presentation of useful information, as well as usage of clear and easy-to-understand language. The award was taken part by analysts and investors from various institutions and funds with investment interests in South East Asia.

Alpha Southeast Asia is the first and only institutional investment magazine in Hong Kong that concentrates on the Southeast Asia capital markets.

2. BCG’s 2013 Global Challengers Award from the Boston Consulting Group (BCG)
with consideration being given to excellent operating results, stable growth, competitiveness and overseas expansion strategy that helps elevate the company to the global ranks. The company has been winning this particular prize continuously since 2006.

3. One of the best Thai companies voted for investment relations and corporate social responsibility
Thai Union has been recognized in the year's FinanceAsia, Asia's Best Companies Poll for "The Best Corporate Social Responsibility" and "The Best Investor Relations" in Thailand.

4. CSRI Recognition 2013 award “Rising Star” category
from the Corporate Social Responsibility Institute (CSRI) under the Stock Exchange of Thailand (SET). Considerations were given to registered companies that are new to the contest but show outstanding qualities and strong determination to carry out a socially-responsible business entity.

5. Outstanding Establishment for Labor and Welfare 2013
from the Ministry of Labor. The award reflects labor management between the employer and employee that is based on honor and sharing benefits in a fair and feasible manner. It serves as a basis of understanding between the employer and employee.

6. Honorary certificate from the Food Institute, Ministry of Industry
for support in the Thai food industry competitiveness development program through cost reduction and environmentally friendliness. The company has been regularly offering support in various activities held with the Institute.

7. Honorary shield for outstanding labor activities from the Thai Frozen Foods Association (TFFA) and the Thai Food Processors’ Association (TFPA).
The company has continuously supported activities that help improve the quality of life for employees and their offsprings.

8. TRIS Rating Co. Ltd. affirms the company at AA- with stable o utlook.
It has also assigned an AA- with stable outlook rating for Thai Union’s new Thai Baht debentures worth THB 8,250 million. These ratings truly reflect the high business potential with its strong financial discipline and an ability to maintain a global competitiveness. As a globally leading canned tuna processor with world-class brands, Thai Union offers product varieties to customer worldwide.

Awards, Certificates and Rankings

Our efficiency-focused policies and effective strategic management, coupled with a strong determination to grow consistently in all relevant business segments that would lead to achievement of competitiveness, helped us to land a host of prestigious awards granted by different state and private certification bodies and organizations, trade partners and the financial community in 2011 as follows:

Accredited with Thailand Trust Mark Certificate by Department of International Trade Promotion, Ministry of Commerce, as high potential Thai exporter having the capability to consistently maintain product quality standard and to securely acquire customer and consumer confidence in international markets.
Voted Thailand's Best Mid-Cap Company consecutively in FinanceAsia Magazine's annual Best Managed Companies Poll, and also named among award-winning Thai companies in Overall Best Managed Company, Best Corporate Governance and Best Investor Relations subcategories.
Voted consecutively the Most Favorite CEO and the Most Favorite CFO in the Food and Agribusiness sector by the Securities Analysts Association (SAA) of Thailand's annual awards.
Named the winner of Green Leadership Award by Enterprise Asia in Asia Responsible Entrepreneurship Award - Southeast Asia 2011 for the "Regaining Coastal Ecosystem Balance through 1,000,000 Mangrove Sprouts" program, a Thai Union's internally developed initiative, based on CSR program judgment criteria with emphasis on conservation and revival of natural resources and environment.
Reaffirmation of A+ corporate credit and bond ratings with a stable outlook by TRIS Rating Co., Ltd. despite the sizeable acquisition of MW Brands and increased debt burden.

Awards, Certificates and Rankings

Our efficiency-focused policies and effective strategic management, coupled with a strong determination to grow consistently in all relevant business segments that would lead to achievement of competitiveness, helped us to land a host of prestigious awards granted by different state and private certification bodies and organizations, trade partners and the financial community in 2010:

1. Voted Thailand's Best Mid-Cap Company in FinanceAsia Magazine's annual Best Managed Companies Poll

2. Voted also in FinanceAsia Magazine's annual Best Managed Companies' various subcategories for Thai companies:

  • One of the Overall Best-Managed Thai Companies
  • One of the Best Corporate Governance
  • One of the Best Investor Relations
  • One of the Most Committed to Strong Dividend Policy

3. Named the Best Thailand Deal by FinanceAsia in its 2010 Awards for Achievement on the merit of the successful acquisition of Europe-based MW Brands, which was considered a rare and one of the largest cross-border M&A transactions in the history of Thai firms

4. Voted the Most Favorite CEO and the Most Favorite CFO in the Food and Agribusiness sector by the Securities Analysts Association (SAA) of Thailand's annual awards

5. Named the Bill Darden Distinguished Supplier of the Year 2010 Award from Darden Restaurant, Inc., making Thai Union the first and only supplier who can win the prestigious award consecutively in the Darden's history

6. Reaffirmation of A+ corporate credit and bond ratings with a stable outlook by TRIS Rating Co., Ltd despite the sizeable acquisition of MW Brands and increased debt burden

In addition, we place hygiene and food safety the first priority in every stage of production in order to ensure the highest level of customer satisfaction, which is evident from numerous international quality certifications awarded to us by various institutes and agencies as follows:

  • Accredited with ISO 9001 on Quality Management System from United Kingdom Accreditation Service (UKAS).
  • Accredited with ISO 14001 on Environmental Management System from United Kingdom Accreditation Service (UKAS).
  • Accredited with ISO/IEC 17025 from the Bureau of Laboratory Quality Standard, Department of Medical Sciences, Ministry of Public Health and from The National Bureau of Agricultural Commodity and Food Standards (ACFS), Ministry of Agriculture and Cooperatives of Thailand.
  • Accredited with BRC Global Standard for Food Safety from United Kingdom Accreditation Service (UKAS).
  • Accredited with International Food Standard Version 5 (IFS) from SGS - International Certification Service GmbH (Germany).
  • Accredited with Kosher Certificate from Union of Orthodox Jewish Congregations of America.
  • Accredited by the US Food and Drug Administration (FDA), a US agency in charge of inspecting the quality of imported food and medicines.
  • Accredited by Canadian Food Inspection Agency (CFIA) a Canadian agency in charge of monitoring quality of imported food and medicines.
  • Accredited with Hazard Analysis Critical Control Points (HACCP) from Department of Fishery and Department of Agriculture, Ministry of Agriculture and Cooperatives of Thailand and HACCP USFDA from SGS (Thailand) Limited. The Hazard Analysis Critical Control Points system is a quality assurance system on food safety, which can effectively prevent hazards, including biological, chemical, or physical contamination by placing emphasis on monitoring manufacturing procedures, especially the points or stages that are critical control points (CCP), with consumer safety as the key objective.
  • Accredited with Good Manufacturing Practices (GMP) for a food manufacturing operation from the Department of Fishery, Department of Livestock and Department of Agriculture, Ministry of Agriculture and Cooperatives of Thailand, and from the Office of Public Health of Samut Sakorn Province.
  • Accredited with Halal standard by the Central Islamic Committee of Thailand.
  • Accredited by South African Bureau of Standards (SABS) for compliance with food processing requirements.
  • Accredited with Best Aquaculture Practices (BAP) from Aquaculture Certification Council, Inc. (ACC) in terms of standard practices on shrimp culture and processing, covering shrimp hatchery, shrimp farm and shrimp processing factories with emphasis on social and environmental responsibility as well as attention to the safety of food products and product traceability.
  • Accredited by Woolworths Quality Assurance (WQA) from Woolworths Limited, Australia, as an operator in compliance with the Global Food Safety Standards and International Retailing Best Practice
  • Accredited with Q Mark Certificate from Department of Fishery, Ministry of Agriculture and Cooperatives of Thailand.

Awards, Certificates and Rankings

Throughout our history, Thai Union is always determined to grow our businesses consistently and in every relevant business segment. We emphasize developing, initiating and creating premium quality products to meet customers' needs. Our policies, focused on efficiency and effective strategic management, have gained trust from stakeholders coming from various fields, including business operators, analysts, investors, trade partners and customers as well as consumers, both at domestic and international levels. The outcomes of our determination can be measured from the awards and ratings that we recurrently received from organizations and institutes as follows:

The company managed to sweep all the awards for the Food and Agribusiness Category in the inaugural Analysts' Favorite Listed Company Executives Poll by the Securities Analysts Association (SAA) of Thailand. The awards consist of The Most Favorite CEO, The Most Favorite CFO, The Most Favorite IR and The Most Favorite Listed Company. The awards were determined based on the votes of analysts and fund managers who would take into consideration of a company's consistent provision of accurate and in-depth information as well as its provision of opportunity for analysts to have access to the executive team.

The company won The "Bill Darden Distinguished Supplier of the Year Award" in 2009 from Darden Restaurant Co., Ltd. Thai Union received this prestigious award on the merit of being a reliable and creative business alliance to Darden. Our team is always ready to find solutions to address problems with determination to develop new and creative products and innovations to best serve our customers' needs. We also have the capability to maintain high product standards on a regular basis and to provide constructive recommendations to reduce customers' costs. Moreover, the award was given to Thai Union based on the company's role as a strong supporter of Darden's business. Thai Union and Darden have worked together in the development of food preparation techniques, overall business management, product quality improvement, marketing, and supply chain management.

The company has received A+ in corporate credit and bond ratings with a stable outlook from TRIS Rating Co., Ltd. The credit rating was based on Thai Union's clear management policies and consistency in investment activities. It was also a result of the company's status as the leading manufacturer of canned tuna with a diversified portfolio of products and geographic markets as well as the strength of our consumer brand "Chicken of the Sea" in the United States. Furthermore, an excellent maintenance of the company's competitiveness, thanks to the benefits of economies of scale, effective production and its strong financial status, contributed to such rating.

In addition to the company's systematic management and administrative frameworks, we also emphasize hygiene and food safety in every stage of production in order to guarantee the highest level of customer satisfaction, as can be seen from international quality certifications receiving from various institutes and agencies as follows:

  • Accredited with ISO 9001 on Quality Management System from United Kingdom Accreditation Service (UKAS)
  • Accredited with ISO 14001 on Environmental Management System from United Kingdom Accreditation Service (UKAS)
  • Accredited with ISO/IEC 17025 from the Bureau of Laboratory Quality Standard, Department of Medical Sciences, Ministry of Public Health and from The National Bureau of Agricultural Commodity and Food Standards (ACFS), Ministry of Agriculture and Cooperatives of Thailand
  • Accredited with BRC Global Standard for Food Safety from United Kingdom Accreditation Service (UKAS)
  • Accredited by the US Food and Drug Administration (FDA), a US agency in charge of inspecting the quality of imported food and medicines.
  • Accredited by Canadian Food Inspection Agency (CFIA) a Canadian agency in charge of monitoring quality of imported food and medicines.
  • Accredited with Hazard Analysis Critical Control Points (HACCP) from Department of Fishery and Department of Agriculture, Ministry of Agriculture and Cooperatives of Thailand and HACCP USFDA from SGS (Thailand) Limited. The Hazard Analysis Critical Control Points system is a quality assurance system on food safety, which can effectively prevent hazards, including biological, chemical, or physical contamination by placing emphasis on monitoring manufacturing procedures, especially the points or stages that are critical control points(CCP), with consumer safety as the key objective.
  • Accredited with Good Manufacturing Practices (GMP) for a food manufacturing operation from the Department of Fishery, Department of Livestock and Department of Agriculture, Ministry of Agriculture and Cooperatives of Thailand, and from the Office of Public Health of Samut Sakorn Province.
  • Accredited with Halal standard by the Central Islamic Committee of Thailand.
  • Accredited by South African Bureau of Standards (SABS)
  • Accredited with Best Aquaculture Practices (BAP) from Aquaculture Certification Council, Inc. (ACC) in terms of standard practices on shrimp culture and processing, covering shrimp hatchery, shrimp farm and shrimp processing factories with emphasis on social and environmental responsibility as well as attention to the safety of food products and product traceability.
  • Accredited by Woolworths Quality Assurance (WQA) from Woolworths Limited, Australia, as an operator in compliance with the Global Food Safety Standards and International Retailing Best Practice.

The company managed to sweep all the awards for the Food and Agribusiness Category in the inaugural Analysts' Favorite Listed Company Executives Poll by the Securities Analysts Association (SAA) of Thailand. The awards consist of The Most Favorite CEO, The Most Favorite CFO, The Most Favorite IR and The Most Favorite Listed Company. The awards were determined based on the votes of analysts and fund managers who would take into consideration of a company's consistent provision of accurate and in-depth information as well as its provision of opportunity for analysts to have access to the executive team.

The company won The "Bill Darden Distinguished Supplier of the Year Award" in 2009 from Darden Restaurant Co., Ltd. Thai Union received this prestigious award on the merit of being a reliable and creative business alliance to Darden. Our team is always ready to find solutions to address problems with determination to develop new and creative products and innovations to best serve our customers' needs. We also have the capability to maintain high product standards on a regular basis and to provide constructive recommendations to reduce customers' costs. Moreover, the award was given to Thai Union based on the company's role as a strong supporter of Darden's business. Thai Union and Darden have worked together in the development of food preparation techniques, overall business management, product quality improvement, marketing, and supply chain management.

The company has received A+ in corporate credit and bond ratings with a stable outlook from TRIS Rating Co., Ltd. The credit rating was based on Thai Union's clear management policies and consistency in investment activities. It was also a result of the company's status as the leading manufacturer of canned tuna with a diversified portfolio of products and geographic markets as well as the strength of our consumer brand "Chicken of the Sea" in the United States. Furthermore, an excellent maintenance of the company's competitiveness, thanks to the benefits of economies of scale, effective production and its strong financial status, contributed to such rating.

The Vendor of the Year Award 2008 was presented to us by Darden Restaurant. Judgment criteria centers around product quality conformity, product innovation regularity in response to ever-changing world markets, devotion to customer service and regular customer relationship maintenance.

( Darden Restaurants, Inc. )

Thai Union was ranked by Thai Rating and Information Services Co., Ltd. (TRIS) at A+ with stable outlook for our second bond issued with two tranches. Among the ranking criteria are international and domestic competitiveness secured through clear policy on management, continued business opportunity among our trading partners, our focus on corporate governance in management and solid financial status.

( Thai Rating and Information Services Co., Ltd. (TRIS) )

The Vendor of the Year Award 2007 and Innovation Award 2007 were presented to us by Darden Restaurant. Judgment criteria centers around product quality conformity, product innovation regularity in response to ever-changing world markets, devotion to customer service and regular customer relationship maintenance.

(Darden Restaurants, Inc. )

Thai Union was ranked by Thai Rating and Information Services Co., Ltd. (TRIS) at A+ with unchanged stable trends for our bond. Among the ranking criteria are international and domestic competitiveness secured through clear policy on management, continued business opportunity among our trading partners, our focus on corporate governance in management and solid financial status.

Ranking by Fiancial Asia 2006 as the winner of Best Corporate Governance Award and Best Commitment to Strong Dividend Award, based upon polls conducted among investors and securities analysts in Asian leading financial institutions

(Finance Asia Magazine)

Ranking by Thai Rating and Information Services Co., Ltd. (TRIS) at A+ with stable trends, based upon international and domestic competitiveness through clear policy on management, and continued business opportunity among our trading partners as among rating criteria, plus our focus on corporate governance in management

( Thai Rating and Information Services Co., Ltd. (TRIS) )

Corporate & Environment Responsibility Award granted by Darden Restaurant for our continued social and environmental support.

( Darden Restaurants, Inc.)

Best Managed Thai Mid-Cap Company by Asiamoney's 2005: Best Managed Companies Poll

(Finance Asia Magazine)

Vendor of the Year Award and Food Safety and Quality Award by Darden Restaurants, Inc. which was based principally on the US firm's product quality and manufacturing standards and criteria.

( Darden Restaurants, Inc. )

The Harmony Export Recognition, Department of Export Promotion, Ministry of Commerce; for good export records through the 10 year period

( Department of Export Promotion )

Set Award 2004 in Best Performance Awards category, the Stock Exchange of Thailand; for excellent financial status and operational performance for the year 2003.

( Stock Exchange Thailand )

Certification of Gold Card Importer & Exporter, Customs Department; for strong import-export records.

(The Customs Department)

Certification to mark participation of mutual campaign between Customs Department and exporter, the "United for Cleanliness"

(The Customs Department)

Ranked by the Asiamoney Magazine among the Best Managed Companies folloing polls conducted to investors, stock analysts at leading securities institutions in Asia-Pacific. Award received are

  • Clearest Corporate Strategy Award
  • Best Financial Management Award
  • Best Investor Relations Award
  • Best Annual Report Award
  • Best Focus on Shareholders Value Award
  • Best Website Award

( Asiamoney Magazine )

Service and Hospitality Excellence Award granted by Darden Restaurants, Inc. The award was granted to Thai Union following worldwide supplier selection in terms of quality-focused raw materials procurement and service.

Disclosure Reprot Award 2003 granted by the Securitied and Exchange Commission for our determination to strictly follow the procedures specified in the SEC and to make information transparent, clear, sufficient and understandardable for investors

Popular Award 2003 granted by the Securities and Exchange Commission (SEC) following scores from polls made to securities analyst, fund managers, investors and end users.

The Partnership Award for Partnership Communication & Golden Award for Quality Assurance presented by Darden Restaurants, Inc. based on capability to deliver high-quality products and service.

( Darden Restaurants, Inc. )

The Disclosure Award 2002 granted by the Securities and Exchange Commission (SEC) for our efficient information disclosure to the public

( Securities and Exchange Commission(SEC) )

The Asis's Best Companies 2002 by Finance Asia Magazine in the following categories

  • Best Managed Company (5th)
  • Most Committed to Corporate Governance (6th)
  • Strongest Commitment to Enhance Shareholders Value (6th)
  • Best Investor Relations (8th)

( Finance Asia Magazine )

The Best Managed Company 2002 by Asiamoney Magazine in the following categories

  • Best Treatment of Minority Shareholders (1st)
  • Best Small Company (1st)
  • Overall Best Managed Company (4th)
  • Best Investor Relations (8th)

( Finance Asia Magazine )

Thai Union was named by the Asiamoney Magazine as the Best Small Company, the Overall Best Managed Company, the Overall Best Investor Relations and one of the most favored companies in terms of access to Executive Management

( Asia Money Magazine. )

Thai Union was the winner of Vendor's Award 2001 and Gold Quality Award, both presented by Darden Restaurants, Inc. for our remarkable performance of raw material procurment and service delivered to Darden.

( Darden Restaurants, Inc. )

The Prime Minister's Export Award 2001 for outstanding performance as the best exporter by the Department of Export Promotion, Ministry of Commerce

( Department of Export Promotion )

TThai Union has achieved the industry's highest revenues and was chosen by a group of 270 international fund managers as one of the Thailand's Best Managed Companies in a survey conducted by Asiamoney Magazine

( Asiamoney Magazine )

The Good Performance Exporter Certificate from the Department of Export Promotion, the Ministry of Commerce

( Department of Export Promotion )

Thai Union was selected by The Boston Consulting Group as the number one of value creator in Stock Exchange of Thailand and operational result during the economic crisis in 1997-19986

( The Boston Consulting Group )

Thai Union was selected as one of the world's top 20 small companies for 2000 according to Forbes Global Magazine, which cited its highly successful performance and financial strenght.

( Forbes Global Magazine )

Thai Union shares were chosen by the Stock Exchange of Thailand to be included in its SET 50 INDEX of select stocks


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