New Hope Group
New Hope Group is a diversified conglomerate with over 600 subsidiaries active in agriculture, dairy and fast-moving consumer goods, real estate and chemical industries. New Hope Liuhe Company, formed in 2005 through a merger between New Hope Group and Liuhe Company, specializes in animal feed, livestock breeding and raising, and food processing, with an operational presence across 21 countries including China, Bangladesh, Cambodia and Sri Lanka. It produces more than 20 billion tons of animal feed annually and processes 1.3 billion chickens and eight million pigs. Furthermore, New Hope Dairy owns more than 20 large scale domestic dairy farms, while New Hope Chemical Investment manufactures feed and fertilizer products from phosphorous and potassium.
Segment ranking summary
Active in the agricultural products and commodities, animal proteins, and food and beverage manufacturers/processors segment, New Hope Group performs poorly in all the segments compared to its peers due to its lack of disclosure on most of the indicators. In governance and strategy, the company performs better than the majority in the animal protein industry and shows an average performance in the other two segments. The company lags behind its peers in environment and nutrition, thus showing room for improvement. While New Hope Group shows an average performance on farmers’ resilience, it lags behind its peers on disclosing commitments on human rights and labour rights, as well as evidence of monitoring and grievance mechanisms.
Leading practices
Risks and opportunities
Core social indicators
The core social indicators are part of the social inclusion measurement area. These indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.
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More about the company
- Headquarters
- Chengdu, China
- Food and agriculture revenue USD
- Not available
- Group revenue USD
- 10,014,492,800
- Onwnership structure
- Private
- Number of employees
- 62,000
- Website
- http://www.newhopeliuhe.com
