Thai Union (TUFBY)

Overall impact
F (16)

Commentary

Thai Union is a poor overall performer. With an 'F' rating of 16.1 for overall impact (bottom 10% of all companies), Thai Union ranks 117th out of 120 industry peers, behind PSSI, Tofutti Brands, Chobani and 113 others, and ahead of Shearer's Foods, Flowers Foods, and Treehouse Foods. On top material causes for Thai Union's industry (Food), Thai Union performs poorly in Decent, Safe Work Opportunities (0.0 score), Quality Primary Education (22.7), Fair Labor Practices (10.5) and 17 other causes where it received a 'D' or 'F' score. Thai Union did not receive an 'A' rating on any cause.
Impact
Cause TUFBY
Peer rank
Overall impact

Log in to view this information

Impact trend

Change in rating for overall impact

Log in to view this information

Company
Founded
1977
Employees
49,000
Sector
Consumer Staples
Industry
Food Products
Sub-industry
Packaged Foods & Meats
SASB industry
Processed Foods
Headquarters
Thailand
Share classes
TUFBY
Description
Thai Union Group Public Company Limited, together with its subsidiaries, engages in the manufacture and sale of frozen, chilled, and canned seafood in Thailand and internationally. The company operates through four segments: Ambient Seafood; Frozen and Chilled Seafood and Related Businesses; Pet food; and Value-Added and Other Businesses. It provides ambient seafood products, including tuna, sardines, mackerel, herring, and salmon for retail and wholesale customers; frozen and chilled seafood, such as shrimp, lobster, and fishes that are sold directly to restaurants, hotels, and caterers; ready-to-cook or ready-to-serve products, as well as bakery treats; marine ingredients for use in consumer goods, such as infant formula, cosmetics, dietary supplements, and clinical nutrition; and pet care products comprising surimi-based fish snacks, canned cod liver, and wet seafood-based cat and dog food. The company offers its products under the Chicken of the Sea, Genova, John West, Petit Navire, Parmentier, King Oscar, Mareblu, Rügen Fisch, Sealect, Fisho, QFresh, Monori, Bellotta and Marvo, Red lobster, and Thammachart seafood. It also manufactures and distributes animal feeds, ingredient products, food supplement products, and smoked salmon products. In addition, the company offers printing manufacturing, export and import, training and management, e-commerce, consultancy, technical, and property rental services. Further, it is involved in the packaging food products, tuna oil refinery, shrimp farming, and shrimp breeding and hatchery businesses. The company was formerly known as Thai Union Frozen Products Public Company Limited and changed its name to Thai Union Group Public Company Limited in September 2015. The company was founded in 1977 and is headquartered in Mueang Samut Sakhon, Thailand.
Material causes
Ethos considers the following causes material for Thai Union, based on its industry sub-industry Packaged Foods & Meats. Learn more about material causes in our methodology overview.

This information is subject to Ethos' Terms and Conditions, which you can find here.

This information may not be used for corporate financing purposes (including, without limitation, ESG-linked loans, credit facilities, securities or structured products), as a basis for any financial instruments or products (including, without limitation, passively managed funds and index-linked derivative securities) or other products or services, to verify or correct data in any other compilation of data or index, to create any derivative works, nor to create any other data or index (custom or otherwise), without Ethos' prior written permission.

By browsing this site you agree to our use of cookies. Read more.
We use cookies on this site to enhance your user experience. By continuing to browse the site, you are agreeing to our use of cookies. Give me more info.