Charoen Pokphand Group

Charoen Pokphand Group operates in various businesses such as agriculture, telecommunications, marketing, distribution and logistics, international trading, petrochemicals, property and land development, crop integration, insurance, automotive and pet foods. Its products are exported to countries in Europe, Asia, and Africa, as well as North and South America. Charoen Pokphand Group also has manufacturing operations in Bangladesh, Malaysia, Cambodia, Myanmar, Singapore, China, Turkey, India, Taiwan, Indonesia and Vietnam.

Baseline assessment

Environment

Started the journey

Nutrition

Started the journey

Social inclusion

On track

Summary

Charoen Pokphand Group publicly discloses substantial information on topics relating to social inclusion. It is committed to achieving key environmental targets but has room for improvement when it comes to nutrition. In the environment dimension, Charoen Pokphand Group has set its target to become a carbon neutral organisation by 2030. In terms of catchment-based water management, it is committed to 10% reduction of water withdrawal per unit of revenue in 2020 compared to base year 2015. It is also committed to achieving zero food waste by 2030. However, limited information was found regarding sustainable seafood and aquaculture, soil health, and fertiliser and pesticide use. In the nutrition, Charoen Pokphand Group shows awareness of nutrition issues as a food provider by committing to 30% new products that promote good health and well-being by 2020 in Thailand. It also has set up comprehensive food safety policy that applies local and international standards in its global operations. However, no commitments was found on protein diversification and promoting nutrition in the workplace. Regarding social inclusion, the company has addressed almost all the critical topics in the assessment. It is committed to and reports on eliminating child and forced labour and paying a living wage in its own operations and supply chain. Further, it also provides commitment to develop assessment tools to be used throughout the supply chain and conduct health and safety audits.

Food and Agriculture Benchmark

The Food and Agriculture Benchmark will assess 350 keystone companies on the issues underpinning the food system transformation agenda. The benchmark’s aim is to stimulate companies to apply sustainable business practices throughout their operations as well as use their influence to encourage value chain partners to do the same. WBA has organised the food and agriculture value chain into six sub-sectors. These sub-sectors are also reflected in the methodology framework.

Food and agriculture revenue
THB 1,050,489,900,000
(USD 41,830,000,000)
Major subsidiaries
Charoen Pokphand Foods, CP All, Chia Tai, Khao C.P.
Consumer brands
CP, Chia Tai

Value chain sub-sectors

Other benchmarks

The company is also included in the following benchmarks developed by WBA and our Allies. These benchmarks help to deepen our understanding on key issues and industries.