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Thai Union Group

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771:. That deal was put in jeopardy after the US Department of Justice announced it began an anti-trust investigation into the company's over-pricing and competitive practices. Thai Union abandoned its purchase plans in early December 2015 after US officials objected on the grounds that it would reduce competition. "Consumers are better off without this deal," Bill Baer, assistant attorney general of the US Department of Justice's antitrust division, said...."Our investigation convinced us—and the parties knew or should have known from the get-go — that the market is not functioning competitively today, and further consolidation would only make things worse." 646:(UK) of making a "plainly false" claim that customers can trace its tuna back to the vessel that caught it. John West's website includes a tool that allows customers to enter the can code to "see exactly where your fish came from". The tool does not identify sources of Thai tuna and instead invites customers to email John West. John West said that the problem is a website limitation, and all its tuna is fully traceable. Greenpeace has also ranked 629:
controlled by the Thai Union to ensure that all workers, whether migrants or Thai, have safe, legal employment and are treated fairly and with dignity. Thai Union estimates that subcontractors employ about 1,000 migrant workers. Andy Hall, a British human rights defender and a migrant worker specialist based in Thailand, said that "Thai Union ... must be commended for belatedly moving seafood primary processing in house."
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do not have contact with authorities, which is why the company is getting away with their horrible methods. They are going through forced labor, ultimately threatened with abuse, including getting beat with stingray tails, if they do not complete the tasks given to them by the Thai Union. The workers, who do not know any better, are being trafficked with no way of escaping.
276: 259: 242: 221: 601:, the Thai Union re-asserted its commitment to the protection of human rights. A spokesperson stated the company worked to prevent "any human trafficking or any human rights violation of any kind" highlighting procedures that are in place, such as routine audits of its canneries and boats in port to ensure against forced and child labor. 95: 605:
operating with integrity and high ethical standards". The company also claims to have terminated relationships with 17 suppliers as a result of forced labor or human trafficking violations since the start of 2015, and have ended the use of employment brokers to source for workers for its seafood processing plants to stop
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In 2015, the Thai Union released new codes of conduct, replacing the company's 2013 code of conduct. The "more stringent" new code of conduct allows for higher levels of "accountability and transparency" and showcased Thai Union's commitment to "earn the trust of customers, consumers and the world by
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In December 2016, Thai Union announced a strategy to ensure 100 percent of its branded tuna is sustainably sourced with a commitment of achieving a minimum of 75 percent by 2020. As part of the new tuna strategy, the Thai Union is investing US$ 90 million in initiatives that will increase the supply
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Thai Union released a statement in response to the accusations made by Greenpeace in 2015. It reiterated its commitment to human rights and the company's vision of "an industry that respects the oceans and protects marine life, offers safe employment for millions of people around the world, supports
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In September 2017, Thai Union was named to the Dow Jones Sustainability Index (DJSI) Emerging Markets for the fourth year in a row. Thai Union's sustainability strategy, SeaChange®, successfully drove the score with industry best-in-class 100th percentile rankings for Climate Strategy, Materiality,
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The Thai Union was investigated by Greenpeace, which showed a human trafficking report of Tier 3, meaning the company is not completely compliant with the standards. Humans are forced to work at sea for months, and sometimes years at a time. Being out at sea for long periods of time means that they
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In a statement issued on 10 December 2015, the Thai Union declared that it will cease working with all shrimp processing subcontractors by the end of 2015. The company said that it would bring all shrimp processing operations in-house to enable full oversight. All processing work will be directly
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In December 2016, eight of the world's largest seafood companies, including the Thai Union, issued a 10-point statement committing to action on ocean stewardship following the first "keystone dialogue" between scientists and business leaders. The companies committed to improving transparency and
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In October 2017, a memorandum of understanding (MoU) was signed between WWF, Thai Union Europe, ACTEMSA S.A., and Industrias Alimenticias Leal Santos LTDA, to launch a Fishery Improvement Project (FIP) for the pole and line skipjack, yellowfin, and bigeye tuna fishery in the south and southeast
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In June 2017, Thai Union Group signed a pledge as part of its membership in the Seafood Business for Ocean Stewardship (SeaBOS), committing to improve operations as well as challenge the rest of the seafood industry to follow, all with the goal of helping the world achieve the United Nations
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In February 2017, the Thai Union 2015 Sustainability Report earned the number one ranking in Asia for sustainability reporting in the Top 100 Seafood Firms' Transparency Benchmark from Seafood Intelligence, a global news service that reports on the seafood sector and evaluates the industry's
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Thailand's seafood industry, and by implication, the Thai Union, was the subject of a year-long study of the Thai shrimp industry commissioned by Nestlé. The report, conducted by Verité on behalf of Vevey-based Nestlé, was released on 23 November 2015. It found "indicators of forced labor,
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from GGC, making it full owner of the chain. In May 2024, Red Lobster filed for Chapter 11 bankruptcy protection, announced the closure of at least 99 locations, and Thai Union issued the following statement: “After detailed analysis, we have determined that Red Lobster’s ongoing financial
792:. The FTSE4Good Emerging Index is an extension of the FTSE4Good Index Series—the latter of which was launched in 2001 to help investors integrate environmental, social and governance (ESG) factors into their investment decisions and as a framework for corporate engagement and stewardship. 321:
Thai Union operates worldwide with plant facilities in France, Germany, Ghana, Poland, Portugal, Papua New Guinea, Norway, Seychelles, Scotland, Vietnam, Thailand and the United States. Its business includes tuna, shrimp, sardines, mackerel, salmon, pet food and prepared foods.
747:, as well as improve the livelihoods of hundreds of thousands of workers throughout the company's supply chains, in an agreement with Greenpeace. Greenpeace and the Thai Union agreed to meet every six months to assess the company's progress and implementation. 677:
Post-harvest risk assessment: We will work with fishery experts to address the issues around tuna grading, utilization of non-target species and low-economic-value species, and care-of-catch to ensure high standards are met from harvest to
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base from Pacific Marine Food Products Co. Ltd., a company which confirmed that it had sourced from "vessels of concern". LUF also supplied shaped surimi to Thai Union Manufacturing Co. Ltd. (TUM) for use in pet foods.
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2015: Rebranded as Thai Union Group PLC (TU). This rebranding was part of an initiative to "integrate all its subsidiaries under a single new corporate vision, mission and core values, as well as one unified corporate
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the development of coastal communities and continues to provide a safe, affordable and healthy food source for a global population well into the future." Thai Union also noted that it works closely with the
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2006: Established Chicken of the Sea Frozen Foods to market frozen seafood in the US. Chicken of the Sea Frozen Foods later merged with Empress International and was renamed Tri-Union Frozen Products, Inc.
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2014: Signed a deal for MW Brands to take over 40-year-old French company MerAlliance, the fourth-largest smoked salmon producer in Europe. MerAlliance's revenue for the year to 31 March 2014 was US$ 220
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In March 2018, Thai Union Group joined forces with the Global Ghost Gear Initiative (GGGI) in a drive to reduce the growing problem of abandoned, lost, and discarded fishing gear (ALDFG) worldwide.
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In June 2017, at a World Economic Forum (WEF) meeting in New York City, the Thai Union committed to the WEF's Tuna 2020 Traceability Declaration. The declaration supports the United Nations (UN)
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to "benefit the wider tuna fishing industry" and concluded by calling on Greenpeace to join the "industry debate that is already underway, to work towards achieving our shared objectives."
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Tuna sourcing policies: We will have aligned every one of our tuna sourcing policies everywhere in the world. We will publish these policies in line with our commitment to transparency.
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coastal areas of Brazil. The aim of the FIP is to meet the standards of the Marine Stewardship Council (MSC), which assesses whether a fishery is well-managed and sustainable.
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Innovation: We have developed the Global Innovation Incubator in Thailand to look at all aspects of innovation and research into tuna from species to processing to packaging.
616:(MOU) to establish a framework to ensure fair labor practices. The MOU includes the establishment and implementation of best practices on fair labor standards in operations. 2234: 2075: 1912: 1054: 1938: 1026: 721:
In March 2017, Thai Union and the United States Agency for International Development Oceans and Fisheries Partnership (USAID Oceans) announced a partnership to combat
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Academic and scientific research: We will work with academic bodies, universities and scientific institutions to support research into fishery improvements.
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2014: Further expansion into Europe with the acquisition of MerAlliance, Europe's fourth smoked salmon producer and number one producer in France.
1567: 2293: 1000: 318:-based producer of seafood based products. It was founded in 1977, and was listed on the Stock Exchange of Thailand (SET) on 22 November 1994. 1115: 1809: 1367: 974: 650:
last in sustainability surveys because 98 percent of its tuna was caught using "fish aggregation devices" that kill other marine wildlife.
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article citing a former fisher stating he had been held captive on a vessel supplying a mother ship that ended up selling to Thai Union's
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Thai Union's target is to achieve US$ 8 billion in revenue by 2020. The revenue contribution of its different businesses as of 2017 are:
1294: 1514: 1389: 2318: 2313: 2259: 404:, with a net profit of six billion baht. Total assets amounted to 146.3 billion baht. Total shareholder equity was 48.2 billion baht. 479:
recalled 107,000 five-ounce cans of tuna in the US due to undercooking because of an equipment malfunction at an undisclosed factory.
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requirements no longer align with our capital allocation priorities and therefore are pursuing an exit of our minority investment.”
462: 1860: 1782: 2303: 1218: 695: 1671: 1416: 948: 729: 725:, promote fair and ethical seafood supply chains, and improve the sustainability of fisheries in the Asia-Pacific region. 444: 1141: 894: 869: 2323: 2159: 1085: 732:(SDGs) which were adopted by all 193 heads of state via a UN Resolution in September 2015 at a United Nations summit. 613: 502:
2006: Acquired majority stake in PT Jui Fa International Food, a canned tuna producer and exporter based in Indonesia.
2048:"USAID and Thai Union partner to implement digital traceability to combat illegal fishing in the Asia Pacific Region" 1540: 1193: 665:
Digital traceability: We will work with innovative technology providers to develop a system for digital traceability.
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In December 2016, Greenpeace reported that the Thai Union subsidiary, Lucky Union Foods Co. Ltd. (LUF), purchased
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2008: Acquired majority stake in Yueh Chyang Canned Food, a canned seafood producer and exporter based in Vietnam.
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1977: Established on 17 March 1977 as Asian Pacific Thai Tuna Co, Ltd. with an initial capital of 25 million baht.
1705: 2209: 1965:""Keystone Dialogue" between Scientists and Seafood Industry Leaders Creates Breakthrough in Ocean Stewardship" 525: 702:
of sustainable tuna. This includes establishing 11 new fishery improvement projects (FIPs) around the world.
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Full traceability for all purchased seafood, reducing the risk of IUU fishing in the global fishing industry.
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AS of Norway, a shelf-stable sardine brand in Norway, USA, and Australia and with over 140 years of heritage.
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for four consecutive years, with the company ranked in the 97th percentile among companies in the industry.
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2016: Makes a US$ 575 million investment in Red Lobster, the world's largest seafood restaurant company.
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for violating California laws. Thai Union has been under scrutiny since the July 2015 publication of a
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traceability, and reducing illegal, unreported, and unregulated (IUU) fishing in their supply chains.
1592: 2020:"Thai Union Tops in Asia for CSR and Sustainability in Latest Seafood Intelligence Top 100 Report" 373: 532: 490: 476: 385: 337: 841: 508:
2009: Invested in Avanti Feeds Limited, a shrimp feed and frozen shrimp producer based in India.
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France between 2014 and 2018 to improve the sustainability of seafood species and work towards
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Turn The Tide; Human Rights Abuses and Illegal Fishing in Thailand's Overseas Fishing Industry
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2003: Acquired Empress International Ltd, a frozen seafood importer and distributor in the US.
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In December 2016, the Thai Union and the World Tuna Purse Seine Organization (WTPO) signed a
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Human Capital Development, Health and Nutrition, Water Related Risks, and Policy Influence.
768: 268: 740: 647: 643: 346: 123: 1887:"Thai Union commits to sustainable tuna, targets 75 percent by 2020 - SeafoodSource.com" 440:
2010: Expanded and diversified into the pet food business with U.S. Pet Nutrition LLC.
2287: 1568:"Nestlé admits forced labor, trafficking, and child labor in its Thai seafood supply" 113: 625:
trafficking, and child labor to be present among sea-based and land-based workers."
1835:"FIS - Worldnews - Thai Union aims to obtain all its tuna from sustainable sources" 816: 806: 789: 606: 447:, an initiative aimed at "promoting sustainable and socially responsible policies." 1672:"John West changes website after Greenpeace accusations over traceability of tuna" 661:
Specific to its tuna business, Thai Union has committed to the following by 2020:
2076:"Thai Union Commits to World Economic Forum's Tuna 2020 Traceability Declaration" 767:
In December 2014, Thai Union announced it would spend US$ 1.5 billion to acquire
2235:"Thai Union Named to Dow Jones Sustainability Index for Fourth Consecutive Year" 1055:"Thai Union Named to Dow Jones Sustainability Index for Fourth Consecutive Year" 744: 542: 379: 208: 204: 1027:"Thai Union Named to Dow Jones Sustainability Index for Third Consecutive Year" 849:(English ed.). Samut Sakhon: Thai Union Group Public Company Limited. 2018 1440: 358: 234: 94: 1295:"Red Lobster closing at least 99 locations as its future comes into question" 788:
In January 2017, the Thai Union was named to the FTSE4Good Emerging Index by
1447:(Published 2015).” The New York Times, 13 Sept. 2015. Accessed 10 Jan. 2021. 582:
Thai Union was named, but was not a defendant, in a lawsuit brought against
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2010: Founded US Pet Nutrition LLC to produce and market pet food in the US.
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2020: It along with a few other investors bought the remaining equity in
315: 143: 1462:"Our love of cheap seafood is tainted by slavery: how can it be fixed?" 801: 200: 2132:"Thai Union Commits to More Sustainable, Socially-Responsible Seafood" 1270:"Orlando-based Red Lobster acquired by Thai Union and other investors" 1244:"The Maker of 'Chicken of the Sea' Just Bought a Stake in Red Lobster" 739:
In July 2017, Thai Union Group committed to measures that will tackle
1728:"Responsible Sourcing | Thai Union Group Public Company Limited" 811: 710: 1913:"Thai Union Commits to 100% Sustainable Tuna, But Can It Get There?" 489:
1997: Completes first overseas investment with the acquisition of
251: 2104:"Thai Union Commits to Ambitious SeaBOS Ocean Stewardship Pledge" 1445:
Consumers and Lawmakers Take Steps to End Forced Labor in Fishing
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2016: Launched SeaChange, the company's sustainability strategy.
225: 133: 1810:"Thai Union investing $ 90m in tuna sustainability initiatives" 1754:"WWF & THAI UNION EUROPE PARTNERSHIP PROGRESS REPORT 2016" 1417:"'Sea Slaves': The Human Misery That Feeds Pets and Livestock" 15: 2185:"Thai Union Joins Initiative to Help Combat Marine Plastics" 298: 430:
1988: Renamed Thai Union Frozen Products PLC in March 1988.
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Frozen and chilled seafood and related business, 42 percent
1390:"Thai Union named in slavery lawsuit filed against Nestle" 1001:"Thai Union scoops Dow Jones Sustainability Index listing" 1939:"Big seafood companies promise to reduce illegal fishing" 1515:"Thai Union looks to earn trust with new code of conduct" 698:
certification across the Thai Union Europe supply chain.
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In October 2015 Greenpeace accused Thai Union subsidiary
1086:"Thai Union launches global master brand, changes logo" 1080: 1078: 39: 1645:"John West tuna: Greenpeace challenges tracing claims" 975:"Thai firms lead Asean peers in sustainability gauges" 775:
Dow Jones Sustainability Index (DJSI) Emerging Markets
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International Seafood Sustainability Foundation (ISSF)
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2010: Acquired MW Brands (now Thai Union Europe) from
895:"Management Discussion and Analysis for 2017 Results" 1455: 1453: 1116:"Sea Change aims to better world fishing conditions" 653:Thai Union has committed to the following by 2020: 400:
In 2017, the Thai Union had revenues of 140 billion
50:, and by adding encyclopedic content written from a 2210:"Big tuna: Chicken of the Sea won't net Bumble Bee" 2000:. Bangkok: Greenpeace Southeast Asia. December 2016 1861:"Thai Union makes sustainable tuna sourcing pledge" 1194:"US Pet Nutrition LLC: Private Company Information" 293: 283: 266: 249: 232: 215: 196: 184: 174: 158: 139: 129: 111: 101: 2299:Companies listed on the Stock Exchange of Thailand 1781: 1110: 1108: 1106: 723:illegal, unreported, and unregulated (IUU) fishing 1219:"Thai Union completes acquisition of Rugen Fisch" 1142:"Chicken of the Sea tuna under nationwide recall" 1487:"Modern Slavery Act Transparency Statement 2016" 443:2013: Became the first Thai company to join the 452:International Seafood Sustainability Foundation 361:(business in Indonesia, Malaysia and Singapore) 2260:"Thai Union Added to FTSE4Good Emerging Index" 1783:"Thai Union commits to 100% sustainable tuna" 1360:"Thai Union responds to Greenpeace challenge" 718:sustainability data and transparency levels. 8: 949:"TUF becomes signatory to UN Global Compact" 87: 868:Apisitniran, Lamonphet (25 February 2016). 836: 834: 832: 417:PetCare, value-added and others, 13 percent 93: 86: 70:Learn how and when to remove this message 870:"Thai Union cheers record sales, profit" 349:(business in the Netherlands and the UK) 192:Thiraphong Chansiri (Executive Chairman) 1619:"Activist urges EU to rethink approach" 902:Thai Union Group Public Company Limited 828: 463:Dow Jones Sustainability Indices (DJSI) 330:Thai Union's brand portfolio includes: 190:Thiraphong Chansiri (President and CEO) 82:Producer of seafood-based food products 736:Sustainable Development Goals (SDGs). 531:2016: Acquired German seafood company 450:2013: Became a founding member of the 31:contains content that is written like 696:Aquaculture Stewardship Council (ASC) 7: 2329:Food and drink companies of Thailand 1593:"TU acts to end worker mistreatment" 411:Ambient seafood business, 45 percent 1696:Densham, Ariana (12 October 2015). 1566:Tennent, James (24 November 2015). 1541:"Thai Union signs fair labour pact" 1168:"FIS - Suppliers - Company Details" 1358:Kearns, Madelyn (8 October 2015). 682:Thai Union Europe is working with 620:Slave labor in the shrimp industry 14: 1670:Davies, Helen (14 October 2015). 692:Marine Stewardship Council (MSC) 493:, USA's third canned tuna brand. 275: 274: 258: 257: 241: 240: 220: 219: 20: 2309:1988 establishments in Thailand 2160:"MoU for New Brazil FIP Signed" 370:Parmentier (business in France) 334:Bellotta (business in Thailand) 1460:Levitt, Tom (7 October 2016). 391:Sealect (business in Thailand) 1: 2294:Companies established in 1988 1698:"John West's broken promises" 730:Sustainable Development Goals 1572:International Business Times 1415:Urbina, Ian (27 July 2015). 578:Slave labor and human rights 367:Marvo (business in Thailand) 343:Fisho (business in Thailand) 614:memorandum of understanding 461:2014–2017: Included in the 364:Mareblu (business in Italy) 2345: 1250:. Reuters. 16 October 2016 524:2015: Thai Union acquires 435:Trilantic Capital Partners 2319:Seafood companies of Asia 2314:Fish processing companies 92: 784:FTSE4Good Emerging Index 526:Sheffield Wednesday F.C. 146:(17 March 1977 2304:Companies in the SET50 1330:"THAI UNION STATEMENT" 561:Greenpeace accusations 1651:. AP. 14 October 2015 597:In a response to the 528:in a deal worth ÂŁ30m. 396:Financial performance 388:(business in Germany) 52:neutral point of view 382:(business in the US) 376:(business in France) 355:(business in Norway) 340:(business in the US) 312:Thai Union Group PCL 88:Thai Union Group PCL 2324:Fishing in Thailand 1893:on 14 December 2016 1841:on 14 December 2016 1521:. 30 September 2015 1007:. 12 September 2016 981:. 21 September 2016 594:canning operation. 285:Number of employees 89: 44:promotional content 1945:. 14 December 2016 1919:. 13 December 2016 1917:Sustainable Brands 1867:. 13 December 2016 1790:. 13 December 2016 1734:on 28 October 2016 1708:on 28 October 2016 1625:. 14 December 2015 1599:. 10 December 2015 1547:. 13 December 2016 1421:The New York Times 1370:on 28 October 2016 1174:on 28 October 2016 843:Annual Report 2017 694:certification and 584:Nestle Corporation 491:Chicken of the Sea 477:Chicken of the Sea 338:Chicken of the Sea 262:146.3 billion baht 46:and inappropriate 2239:www.thaiunion.com 2189:www.thaiunion.com 2164:www.thaiunion.com 1814:Undercurrent News 1761:Assets.wwf.org.uk 1519:Undercurrent News 1394:Undercurrent News 1223:Undercurrent News 1090:Undercurrent News 924:"Company History" 445:UN Global Compact 437:for €680 million. 309: 308: 279:48.2 billion baht 80: 79: 72: 2336: 2278: 2277: 2275: 2273: 2264: 2256: 2250: 2249: 2247: 2245: 2231: 2225: 2224: 2222: 2220: 2206: 2200: 2199: 2197: 2195: 2181: 2175: 2174: 2172: 2170: 2156: 2150: 2149: 2147: 2145: 2136: 2128: 2122: 2121: 2119: 2117: 2108: 2100: 2094: 2093: 2091: 2089: 2080: 2072: 2066: 2065: 2063: 2061: 2052: 2044: 2038: 2037: 2035: 2033: 2024: 2016: 2010: 2009: 2007: 2005: 1999: 1989: 1983: 1982: 1980: 1978: 1969: 1961: 1955: 1954: 1952: 1950: 1935: 1929: 1928: 1926: 1924: 1909: 1903: 1902: 1900: 1898: 1889:. 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