Bidcorp

No leading practices were identified for the company in the governance and strategy measurement area.

No leading practices were identified for the company in the environment measurement area.

No leading practices were identified for the company in the nutrition measurement area.

No leading practices were identified for the company in the social inclusion measurement area.

Sustainable development strategy
Bidcorp discloses a sustainable development strategy that includes sustainable development objectives and targets, including an identification and prioritisation process to determine the topics where it has the most impact. The company can improve by ensuring its sustainability strategy covers topics across environment, nutrition and social inclusion.

Governance and accountability for sustainable development
Bidcorp discloses that its board is responsible for approving its sustainability strategy. It can improve by disclosing its remuneration policy regarding sustainability.

Stakeholder engagement
Bidcorp undertakes stakeholder engagement activities will all of its key stakeholders and discloses the outcomes of these engagements. The company can improve by disclosing its process for identifying its stakeholders.

Scope 1 and 2 greenhouse gas emissions
Bidcorp has set a target to reduce 25% of its group reported emissions by 2025, and discloses progress against this target. The company can improve by setting an emissions reduction target that is aligned with the 1.5-degree scenario.

Protection of terrestrial natural ecosystems
Bidcorp does not disclose activities aimed at achieving deforestation and conversion-free (DCF) supply chains for its relevant high-risk commodities. It has an opportunity to increase its disclosure on commitments to source its high-risk commodities through recognised certification programmes, or by disclosing targets for achieving DCF supply chains.

Sustainable fishing and aquaculture
The company does not disclose that it undertakes sustainable fishing and aquaculture operations or sustainable sourcing of seafood and aquaculture feed ingredients.

Protein diversification
The company does not disclose that it is transitioning away from animal-based protein towards alternative protein sources, such as plant-based or cell-based options.

Food loss and waste
Bidcorp’s commitment to tackling food waste is embedded in its carbon footprint reduction target. It states that it is committed to accurate monitoring, creating efficiencies and reporting reductions in impactful waste management. While it provides some evidence of reducing food waste, it can improve by setting a quantitative target to reduce food loss and waste.

Availability of healthy foods
The company does not disclose a commitment or activities to increase the availability of healthy and nutritious foods.

Accessibility and affordability of healthy foods
The company does not disclose a commitment to address food insecurity by improving the accessibility and affordability of healthy and nutritious foods.

Workforce nutrition
While Bidcorp states that it supports its staff through fit-for-purpose wellness programmes, it does not disclose a workforce nutrition programme that prioritises making healthy foods the standard in the workplace.

Food safety
While Bidcorp discloses compliance with the Hazard Analysis and Critical Control Point (HACCP) standard, it has an opportunity to strengthen its commitment by disclosing the percentages of its own operations that are certified to a food safety scheme/certification programme recognised by the Global Food Safety Initiative or other widely recognised (industry-specific) certification.

Child labour
While the company states that it does not tolerate child labour or any form of modern slavery in both its own operations and supply chain, it has an opportunity to disclose a coordinated and consistent monitoring system for its operations and supply chain.

Forced labour
While Bidcorp states that modern slavery cannot be tolerated and that it will not trade with a supplier to practices any form of modern slavery, it has an opportunity to disclose a requirement that prohibits its suppliers from retaining workers’ personal documents and restricting workers’ freedom of movement.

Living wage
The company does not disclose that it pays its workers a living wage or requires its suppliers to do the same. Neither has it set targets to do so in the future.

Farmer and fisher productivity and resilience
The company does not disclose a commitment or examples of activities to support the resilience, productivity and access to markets for farmers, fishers and/or small-scale producers in its supply chain.

Bicorp provides a grievance mechanism accessible by both its workers and external individuals and communities. However, no further policies or commitments related to the respect for human rights were found in the public domain. Thus, Bidcorp’s disclosures point towards a lack of responsibility in protecting basic human rights in its operations and supply chains.

Bidcorp has a publicly available policy statement committing it to respect the health and safety of workers but does not disclose any relevant data. No further evidence of policies or commitments related to key decent work issues were found in the public domain. As such, Bidcorp does not demonstrate that it provides secure, safe, and healthy workplaces, where workers are fairly remunerated and have a meaningful say in decision making.

Bidcorp publicly commits to protecting personal data and has a policy prohibiting bribery and corruption. However, the company does not have a privacy statement on the use of personal data, nor does it have clauses in contracts with supply chain partners for bribery and corruption. Furthermore, Bidcorp does not disclose a global tax strategy and its income tax payments for its tax jurisdictions, nor does it disclose its approach to lobbying and political engagement.