Sustainable Procurement
Business strategy of Sustainable Shared Success, the company fosters value enhancement across its business value chain in collaboration with partners and suppliers who share similar goals. This reflects the organizational values of Mutual Benefits and Collaboration, demonstrated through meticulous attention to quality from the raw material selection stage. This commitment is upheld through a sustainable procurement framework, established regulations, and various processes, ensuring that products reach consumers with traceability back to the source of raw materials and the production process. This builds consumer confidence in the quality of goods and services, aligns with relevant laws, and encompasses the oversight of social and environmental aspects within the processes. Ultimately, this elevates the value chain of the business, yielding positive and sustainable outcomes for all stakeholders.
Sustainable Procurement Policy
Premier Marketing Public Company Limited and its subsidiaries are committed to conducting business for sustainable shared success, with a focus on transparency and fairness. This is achieved through corporate governance practices that consider employees, communities, society, and the environment, facilitated by the participation of all stakeholder groups. The aim is to promote adherence to policies and guidelines for sustainable procurement, fostering mutual sustainability.
Guidelines for Sustainable Procurement
- The company sources, audits, and selects business partners based on established criteria and in compliance with relevant laws, regulations, and stipulations.
- We collaboratively support and encourage business partners to develop their business value chain management processes for maximum efficiency and to reduce environmental impacts, such as decreasing energy and water consumption, and lowering greenhouse gas emissions, etc.
- We collaboratively support and encourage business partners to develop the sourcing of raw materials, production processes, transportation, and the use of goods and services in an environmentally friendly manner.
- The company audits, monitors, and evaluates the sustainability performance of business partners in various aspects, including environmental, social, and good governance, to ensure their compliance with the Supplier Code of Conduct.
- We conduct sustainability risk assessments that may arise within the supply chain to ensure the company can implement preventive measures and address risks, thereby reducing potential impacts on business operations.
Sustainable procurement and traceability of key raw materials
Business strategy of Sustainable Shared Success, the company fosters value enhancement across its business value chain in collaboration with partners and suppliers who share similar goals. This reflects the organizational values of Mutual Benefits and Collaboration, demonstrated through meticulous attention to quality from the raw material selection stage, guided by sustainable procurement criteria, established regulations, and various processes. This ensures that products reach consumers with traceability back to the source of raw materials and the production process, building consumer confidence in the quality of goods and services, aligning with relevant laws, and encompassing the oversight of social and environmental aspects within the processes. Ultimately, this elevates the value chain of the business, generating positive and long-term outcomes for all stakeholders.
Transparency and product traceability
To showcase transparency in the production of Taro brand fish snacks, a delicious and surprisingly nutritious treat, we aim to highlight the value beyond what consumers might expect. Just as the product itself is carefully crafted, so too is its production process. Therefore, we are driven by the concept of empowering consumers with mindful consumption by encouraging them to be aware of the origin of ingredients and the manufacturing process. Taro is the first snack product to boldly introduce Traceability, allowing consumers to understand the journey from the initial production stages all the way to when the product reaches their hands. This sets a precedent for the food industry in establishing production standards that benefit consumers in making informed choices when selecting food products for consumption in the future.
Consumers can easily access and understand all relevant content by scanning the QR code on every pack of TARO products. This feature allows them to verify the origin of the fish used in the Surimi production of each of our selected suppliers. For 2025, the Company has set a clear target to drive consumer awareness, aiming for at least 20,000 scans per month on the
www.Trust-TARO.com
Annual operating results for 2025
Sustainable packaging procurement
As part of our commitment to long-term business sustainability, Premier Canning Industry Co., Ltd., a subsidiary, has been dedicated to collaborative research and development with leading packaging manufacturers. Together, we aim to ensure that our packaging is produced with social and environmental responsibility, promoting resource efficiency and waste reduction. Through these strategic partnerships, the Company has successfully introduced innovative packaging solutions that support our sustainable growth.
Recognizing that packaging is a significant factor in environmental impact, the Company has collaborated with partners to conduct feasibility studies and trials for Mono-material Retort Pouches. This design enables the packaging to be fully recyclable, addressing the challenges of traditional multi-layer materials. Our Procurement, Production, and Quality Control departments have worked in synergy with suppliers to design sustainable packaging that minimizes environmental footprints. This initiative was piloted with our house-brand products and expanded to interested clients. Over the past year, the Company has achieved the following packaging development:
Packaging development in collaboration with partners plan
- Outer Box Packaging: Reduced the paper grade and changed the printing from 3 colors to 1 color.
- Product Labels: Switched the label coating from UV Coating to Water-based Coating.
- Inserts: Reduced the height of the insert to half the box size, along with decreasing the paper weight. Additionally, inserts were eliminated entirely by redesigning the box structure
- Pouch Packaging: Decreased the thickness of the CPP (ALU Pouch) material without compromising product safety and quality.
- Inner Box Packaging: Reduced the paper weight while maintaining the box's strength to support the weight of the goods.
Annual operating results for 2025
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Environmentally friendly procurement
In line with the Company’s commitment to Environmental, Social, and Governance (ESG) principles, our Procurement Department prioritizes the selection of partners who share these core values. Our objective is to source products made from recycled and eco-friendly materials, with a strategic focus on packaging, premium gift items, and sustainable promotional media. The following section illustrates our performance results measured against the established Key Performance Indicators (KPIs). By 2025, as planned, six procurement projects were implemented with ESG (Environmental, Social, and Governance)
Annual operating results for 2025
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Sustainable packaging procurement 2024
2024, the company collaborated with its business partners to conduct trials and feasibility studies on primary and secondary packaging developed by these partners for product packaging.
Environmentally friendly procurement 2024
Environmentally friendly procurement is another strategy for responsible sourcing. It aims to ensure that the production of goods and services promotes sustainable consumption.
Sustainable procurement and traceability 2024
Business strategy of Sustainable Shared Success, the company fosters value enhancement across its business value chain in collaboration with partners and suppliers who share similar goals.
Sustainable procurement and traceability of key raw materials 2023
Business strategy of Sustainable Shared Success, the company fosters value enhancement across its business value chain in collaboration with partners and suppliers who share similar goals.
Sustainable Packaging Procurement 2023
Packaging is the most critical component of products, with a significant potential to cause environmental impact. In the past year 2023, the company collaborated with its business partners to trial and study the feasibility of using primary and secondary packaging developed by these partners to package products. Furthermore, the procurement, production, and quality control departments, along with business partners,
Green Procurement 2023
Highlighting Premier Marketing's commitment to conducting business with social and environmental responsibility, with a focus on environmentally friendly procurement processes that not only help reduce our impact on the planet but also enhance the organization's positive image and credibility.
Sustainable packaging procurement 2022
In another aspect of procurement aimed at long-term business sustainability, Premier Canning Industry Co., Ltd., a subsidiary, is committed to research and development in collaboration with reputable packaging manufacturers who share the same dedication to sustainability goals.
Green Procurement 2022
Environmentally friendly procurement is another strategy for responsible sourcing. This ensures that the production of goods and services contributes to sustainable consumption. It emphasizes procurement that, in addition to transparency and fairness, takes into account the origin of raw materials from the very beginning of the production process.