Ecosystem conversion and restoration
No evidence was found regarding the company’s efforts to avoid ecosystem conversion, including deforestation, or promote restoration. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets.
GHG emissions
The company should set time-bound targets to reduce its scope 1, 2 and 3 greenhouse gas emissions as well as report progress against them. It is unclear from parent company report that company reduces its scope 1 and 2 emissions from previous year and no evidence found that the company discloses quantitative reductions for its scope 1 and 2 emissions. Crucially, the company needs to reduce its scope 1,2 and 3 emissions and its targets need to align with a 1.5-degree trajectory.
Impact and dependencies assessment
The company’s subsidiary, COFCO International, states that it focuses on promoting biodiversity and protecting nature, including ongoing monitoring of fauna and flora. However, this information is not disclosed at the parent company level, and there’s no evidence that the company assesses its broader impacts on nature, including biodiversity. The company has not disclosed any assessments related to the impact on nature or biodiversity in its supply chain, its own dependencies on nature, or the dependencies on nature of its upstream business relationships.
Invasive species
The company has not identified any activities that could lead to the introduction of invasive alien species in its own operations.
Key areas and species
The company has an opportunity to disclose locations within or adjacent to areas important for biodiversity, both in its own operations and its supplier locations. It could also disclose existing species populations existing in or adjacent to both its own and its suppliers’ locations, as well as the conservation status of species identified at its own sites according to national and international lists.
Resource exploitation and circularity performance
The company has an opportunity to disclose its inputs according to an international standard, and to report quantitatively on its group-wide circularity performance. The company also has an opportunity to disclose activities to improve soil health or agrobiodiversity in its production or sourcing practices, to disclose a target to improve soil health in its production or sourcing practices and to report progress against it.
Solid and air pollution
The company does not disclose relevant information related to pollution in its operations or supply chains.
Water
The company has an opportunity to further improve water withdrawal by setting a time-bound target, disclosing water withdrawals in water-stressed areas, and engaging with suppliers. It has an opportunity to improve on its disclosure on water pollution by disclosing water pollutant metrics and setting time-bound targets to reduce them. The company does not disclose relevant information on rights to water in its operations or supply chains.
