Thai Beverage (ThaiBev) is one of Asia's largest beverage companies, with a product portfolio containing both alcoholic and non-alcoholic beverages. It was established in 2003 through the consolidation of 58 related companies, all of which were in the production and marketing of alcoholic beverages. In 2006, the company expanded to the non-alcoholic beverage and food sectors. ThaiBev's main brands include Chang Beer and Old Pulteney. The company’s portfolio also includes ready-to-eat meals, as well as restaurants and food services, which include Japanese restaurants, fine and casual dining sites, as well as franchises for larger fast-food chains such as KFC and Starbucks.
The company is active in two segments, food and beverage manufacturers and processors and food service, were it ranks 57th and 4th, respectively. In both segments, it shows above-average performance in terms of governance. Given the relevance of plastic use and packaging waste for both its segments, ThaiBev’s performance on these indicators is worth mentioning, since it has set various targets and is mobilising its stakeholders to achieve them. ThaiBev has its greatest opportunity to improve in the nutrition measurement area, where it underperforms within both segments. The company could demonstrate its commitment towards healthier and more nutritious offerings by improving the nutritional quality of its portfolio and its labelling. Overall, the company has an opportunity to improve by setting targets and disclosing information on its performance across all benchmark dimensions.
More about the company
- Bangkok, Thailand
- Food and agriculture revenue USD
- Group revenue USD
- Onwnership structure
- Publicly listed
- Number of employees