Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Biodiversity
• Sustainable Supply Chain

Environmental Achievements

• Reduced GHG emissions by 600,000 tCO2e in Thailand operations through renewable energy in 2022 (30% of total energy consumption)
• 100% coal-free in Thailand operations since 2022
• Zero deforestation sourcing of corn (2.17 million tons) since 2020
• 818 products certified with Carbon Footprint Label in 2022
• 56 products classified as low-carbon products with Carbon Footprint Reduction Label in 2022

Social Achievements

• Collaboration with Toyota on research for converting layer chicken manure to hydrogen
• Pilot project using EV trucks at CPF Layer Farm in Saraburi

Governance Achievements

• Commitment to annual performance reports on GHG reduction aligned with SBTi, GRI, IFRS, and UN SDGs
• Working with software provider to digitize GHG activity data and emissions for real-time monitoring

Climate Goals & Targets

Environmental Challenges

• High Scope 3 emissions (92.4% of total emissions in 2020), primarily from purchased goods and services
• Achieving net-zero emissions by 2050 requires significant emission reductions and carbon removal

Mitigation Strategies

• Implementing a Net-Zero SBT pathway with near-term (2030) and long-term (2050) targets
• Focusing on key decarbonization levers: supply chain decarbonization, zero deforestation sourcing, climate technology, circularity, and digitalization
• Investing in renewable energy (solar, biogas, biomass)
• Developing sustainable packaging and reducing food waste
• Implementing smart feedmills and farms using AI and IoT

Supply Chain Management

Responsible Procurement

• Zero deforestation sourcing

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SBTi, GRI Standards, IFRS, UN SDGs

UN Sustainable Development Goals

• SDG 14 (Life Below Water)
• SDG 15 (Life on Land)

Protecting and preserving biodiversity

Sustainable Products & Innovation

• Low-carbon products
• Environmentally friendly feeds

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Occupational Health and Safety
• Human Resources

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Climate Change
• Resource Efficiency
• Responsible Sourcing
• Biodiversity

Environmental Achievements

• Achieved 3,189 hectares (99% progress) of mangrove and watershed forest conservation, protection, and restoration in 2023 (target 3,200 hectares)
• 24.1% reduction in direct and indirect GHG emissions per production unit (Thailand Operations) compared to the base year 2015 by 2023 (target 25% by 2025)
• 53% reduction in water withdrawal per production unit (Thailand Operations) compared to the base year 2015 by 2023 (target 30% by 2025)
• 36.5% of revenue derived from green products in 2023 (Thailand Operations) (target 40% by 2030)
• 83.6% of plastic packaging for food products recyclable, reusable, or compostable (Thailand, Laos, India, and Russia Operations) by 2023 (target 100% by 2030)
• 38,984 tons of zero food waste from operations in 2023 (Thailand Operations) (target zero by 2030)
• 22,687 tons of zero waste to landfill and incineration in 2023 (Thailand Operations) (target zero by 2030)

Social Achievements

• Collaboration with local communities on ecosystem restoration projects
• Support for tier-1 suppliers to develop water management plans (in progress)

Governance Achievements

• Established Net-Zero Science Based Targets (SBTi) approved in 2023
• Integrated climate-related risk management into the company's systematic and group-wide risk management approach conforming to the COSO ERM Framework
• Board-level oversight of climate change management
• Climate change management KPIs applied to CEO, relevant executives, and employees

Climate Goals & Targets

Environmental Challenges

• Rising mean temperature increasing energy costs and epidemic risks
• Riverine floods disrupting logistics and causing raw material shortages
• Stringent climate policies and regulations increasing operating costs (carbon pricing, zero-deforestation regulations)
• Limited sustainable raw materials for green products
• Failure to meet market demand for green products
• Water stress affecting operational costs and raw material prices

Mitigation Strategies

• Energy-efficient ventilation and air-conditioning systems, renewable energy sources, enhanced biosecurity
• Flood-proof infrastructure, business continuity plans, resilient logistics and operational management, insurance
• Net-Zero SBTi strategy, GHG reduction measures, sustainable supply chain management, assessment of product carbon footprints
• R&D investment in green products, upstream engagement for sustainable raw materials
• Adaptation plans, engineering measures against flood, emergency response plans
• Efficient resource use, smart technology, circularity, packaging optimization, food waste reduction

Supply Chain Management

Responsible Procurement

• Deforestation-free and traceable raw materials
• Support for tier-1 suppliers to develop water management plans

Climate-Related Risks & Opportunities

Physical Risks

• Rising mean temperature
• Riverine flood
• Water stress
• Tropical cyclone
• Coastal flood
• Heavy snow storm

Transition Risks

• Policy and regulation changes (carbon pricing, zero-deforestation regulations)
• Technology changes (low-carbon technology costs)
• Market shifts (demand for green products)

Opportunities

• Renewable energy sources
• Resource efficiency
• Green products and services
• Resilience

Reporting Standards

Frameworks Used: TCFD

Sustainable Products & Innovation

• Green products (low carbon footprint, low water footprint, deforestation-free, plant-based, ethically-sourced products)