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COFCO

Founded in 1949 as a single grain importer and exporter, COFCO is one of the world's largest suppliers of agri-products, operating through multiple subsidiaries across 140 countries. The group has activities across much of the value chain, including grains and oilseeds, sugar, beverages, livestock and dairy, and holds leading market positions both domestically and internationally, the latter due to subsidiary COFCO International which traded 106 million tonnes of product in 2019. In China alone, COFCO has an integrated processing capacity of more than 60 million tonnes and operates 2.3 million terminal point sales in 952 cities and 10,000 counties and villages across the country.

Ranking position
#261/350
Total score
7.0/100
Measurement area Score Rank (0-350)

Governance and strategy

#1 3.3 / 10 #150

Environment

#1 1.9 / 30 #265

Nutrition

#1 0.0 / 30 #278

Social inclusion

#1 1.7 / 30 #258
Segment Rank
Agricultural products and commodities #109
Animal proteins #61
Food and beverage manufacturers/processors #175
Food retailers #50

Segment ranking summary

The company ranks 109th in the agricultural products and commodities segment, 61st in the animal proteins segment, 175th in the food and beverage manufacturers and processors segment and 50th in the food retailers segment. In the governance and strategy measurement area the company performs better relative to peers in the agricultural products and commodities and animal proteins segments. The company has an opportunity to disclose the governance and accountability processes for its sustainability strategy and to strengthen its stakeholder engagement. Overall in all segments the company performs poorly in the environment and social inclusion measurement areas and very poorly in the nutrition measurement area. The company has an opportunity to disclose on topics such as reducing greenhouse gas emissions and water use, increasing the availability and accessibility of healthy foods, responsible marketing, paying living wages and respecting land rights.

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.

More about the company

Headquarters
Beijing, China
Food and agriculture revenue USD
Not available
Group revenue USD
72,231,884,100
Onwnership structure
State-owned
Number of employees
117,842
Website
http://www.cofco.com

This company is part of the SDG2000, the 2.000 most influential companies

See company profile