Since Thai Wah’s inception in 1947, the company has incorporated innovative and climate‐focused strategies into all aspects of its business operations to achieve short‐ and long‐term goals while growing sustainably. These strategies include expanding its agronomist team, changing its energy sources, continually innovating its sustainability-oriented cultivation methods, and developing its ROSECO™ bioplastic. Growing the agronomist teamOver the past few years, Thai Wah’s agronomist team has grown to over 20 farm experts and technical personnel who work daily with more than 30,000 farmers across the region. Farmer involvement is essential for any innovative practice in the agricultural industry. The team helps farmers incorporate technological advancements and expand their knowledge of the types of agricultural inputs available. Only by working collectively can the company and the farmers build strength and overcome global challenges. Transitioning to sustainable energy sourcesTransitioning to renewable energy sources was paramount to lowering greenhouse gas emissions at its factories. Since 2017, the company has been a pioneer in the waste‐to‐energy field, starting with identifying greenhouse gas emission sources to determine the best solutions to cut emissions across its entire value chain. In 2019, Thai Wah began harnessing solar power from solar panels installed on its factory rooftops and in 2021, the company developed biogas from the by‐product tapioca pulp. This culminated in a transition to solar power and biogas instead of coal and fossil fuels to run the company’s factories. These initiatives, which are aligned with the company’s 3T strategies of traceability, transition and transformation, had one important goal: to achieve the 2030 carbon neutrality targets set forth by the company and the United Nations Sustainable Development Goals. Thai Wah’s factories transitioned to running renewable energies with solar rooftops in 2019 Culture of innovationConsistent innovation is a critical driving force behind Thai Wah’s business strategies. Beyond its products and services, the company’s innovation is embedded in its operational structure. The company has a network of well‐versed personnel with core competencies compatible with its business direction. A culture of innovation has enabled the company to develop an extensive spectrum of in‐house solutions. Equipped with these innovations, Thai Wah handpicks solutions that best fit its customers, given the latter's available resources. This strategy allows Thai Wah and its customers to succeed amid increasingly competitive markets. The company’s capabilities now span the areas of starch chemistry, food technology, materials science and bioengineering. ROSECO™ bioplasticChallenges create opportunities to explore new markets. After two years of hard work, Thai Wah launched ROSECO™, Southeast Asia's first tapioca‐based bioplastic in 2022. It was developed to address challenges in finding compostable and biodegradable solutions. The next few decades will see the long‐term challenge of combating the plastic waste crisis. As part of the 3Rs (Reuse, Reduce, Recycle) initiative to address this challenge, Thai Wah’s bioplastic will help develop cost‐effective and innovative solutions for the future. Thai Wai’s ROSECO™ business is expected to account for between 10 and 20 per cent of the group’s total revenue, equivalent to US$100 million, in 3 to 5 years. Since 2021, Thai Wah has undertaken further research on the Life Cycle Analysis of different crops it uses and how recycled crops fit into new composting and biodegradable standards. ROSECO™ exists to provide zero waste solutions for a better world Towards an innovation-driven futureCore to Thai Wah’s ethos on successful stewardship is to constantly grow by creating and scaling business platforms that are sustainable and enduring over time. The company plans to incrementally drive its value chain – Farmer, Factory, Family, and Food & Finished Goods – towards sustainability-oriented innovations and transformations, with the customer at the centre. The aim is to enable farmer-led agricultural innovation, greenhouse‐neutral factories, more sustainability‐conscious and innovation‐driven families, and more consumer‐centric finished goods. Thai Wah strongly believes it will take everyone working together – not one individual or one company – to realise sustainability and address climate change.