Thai Union Feedmill Public Company Limited (TFM), a leading Thai producer and distributor of aquafeed and feed for economic animals, has been selected as one of the 13 new entrants in the 2025 ESG100 list by the Thaipat Institute. This recognition highlights TFM's strong commitment to sustainable business practices under the SeaChange(R)2030 strategy, which emphasizes environmental care, social responsibility, and corporate governance. The company collaborates closely with farmers and stakeholders to elevate Thailand's aquaculture industry to international standards, with a clear ambition to become a global leader in the field.
Mr. Peerasak Boonmechote, Chief Executive Officer of TFM, stated that the company has been selected as one of the 13 newly listed securities in the 2025 ESG100 index by the Thaipat Institute, Thailand's ESG rating agency and provider of sustainability-related data. The ESG100 list is compiled based on the evaluation of 921 companies, funds, and investment trusts, using over 17,056 data points from six different sources. These data reflect the companies' ESG performance as publicly disclosed and are screened according to the preliminary criteria set by the Thaipat Institute. The evaluation process adheres to the ESG Code of Conduct by the International Capital Market Association (ICMA).
This selection reaffirms TFM's unwavering dedication to sustainable business operations guided by the SeaChange(R)2030 strategy, which integrates environmental care and social responsibility, alongside active engagement with farmers and stakeholders to achieve long-term sustainable growth. It also reflects the company's success over the past year, particularly in attaining the ASC Feed certification from the Aquaculture Stewardship Council (ASC) for sustainable aquafeed production—making TFM the first plant in Asia to receive such recognition. This milestone underscores the company's commitment to sustainability and its pursuit of excellence in quality and standards within the aquafeed industry.
The CEO added that TFM also supports domestic farmers in obtaining ASC Farm certification for sustainable aquaculture, with the goal of strengthening Thailand's aquaculture industry to meet global standards and enhancing its competitive edge in the international market. At the same time, TFM continues to focus on good corporate governance, transparency, and ethical management practices, paving the way toward becoming a global leader in the aquaculture industry.
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