Food Corporation of India (FCI) is a state-owned statutory body created to implement price support and distribution of various grains for consumers in India. FCI's objectives include providing farmers remunerative prices, fair pricing of food grains, maintaining buffer stocks for food security and intervening in the market for price stabilisation. The group was founded in Chennai in 1965, before later moving its organisational headquarters to New Delhi.
The company ranks 126th in the agricultural products and commodities segment. While some evidence was found regarding the core social indicators, no relevant disclosure was found for the company for any of the measurement areas, including governance and strategy, environment, nutrition and social inclusion.
Sustainable development strategy
The company does not disclose a sustainable development strategy that includes sustainable development objectives and targets, nor an identification and prioritisation process to determine the topics where it has the most impact.
Governance and accountability for sustainable development
The company does not disclose the governance structure for the implementation of its sustainable development strategy or targets, such as the person, team or committee that holds ultimate responsibility for its implementation.
The company does not disclose stakeholder engagement activities, including how it selects the stakeholders, nor an overview of the topics discussed or their outcomes.
Scope 1 and 2 greenhouse gas emissions
The company does not disclose quantitative evidence to demonstrate that it is reducing its scope 1 and 2 GHG emissions.
Soil health and agrobiodiversity
The company does not disclose that it is adopting sustainable production practices that improve soil health and increase agrobiodiversity.
Fertiliser and pesticide use
The company does not disclose that it is adopting sustainable production practices that optimise the use of fertilisers and pesticides.
The company does not disclose that it is reducing water withdrawals across its operations and supply chain.
Food loss and waste
The company does not disclose that it is addressing food loss and waste in its own operations. The company has an opportunity to disclose a commitment by demonstrating policies and activities that tackle food loss and waste.
Availability, accessibility and affordability of healthy foods
The company does not disclose a commitment or activities to increase the availability of healthy and nutritious foods, nor does it disclose a commitment to address food insecurity by improving the accessibility and affordability of healthy and nutritious foods.
The company does not disclose sufficient evidence of having any workforce nutrition programmes.
The company does not disclose evidence of ensuring safe food for consumers through compliance with national regulations and/or the Codex General Principles of Food Hygiene, nor an effective food safety certification scheme.
Child and forced labour
The company does not disclose a commitment to prohibit child and forced labour in its own operations and supply chain.
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.
Health and safety of vulnerable groups
The company does not disclose that it specifically recognises the health and safety risks to vulnerable groups, such as migrant and temporary labourers, women and young farmers.
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.
The company does not commit to recognising and respecting the legitimate tenure rights related to the ownership and use of land of local communities.
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.
Although FCI provides grievance mechanisms for external individuals and communities, the company does not disclose a publicly available commitment on all other topics related to respecting human rights. For example, the company does not disclose a human rights due diligence process, demonstrating a lack of responsibility in protecting basic human rights in its operations and supply chain.
No policies or commitments related to providing and promoting decent work were found in the public domain. This includes the provision of secure, safe and healthy workplaces, where workers are fairly remunerated and have a meaningful say in decision making.
While FCI discloses limited information regarding responsible tax and anti-bribery and anti-corruption fundamentals, there remains an opportunity for these to be strengthened as well as for increased disclosure. Furthermore, the company does not demonstrate commitments towards personal data protection, or responsible lobbying and political engagement, nor does it report on key metrics under these topics.