Seaboard Corporation
Climate Impact & Sustainability Data (2008)
Reporting Period: 2008
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Sustainability
Environmental Achievements
- Completed construction of a 30-million-gallon biodiesel facility in Guymon, Oklahoma and began production.
- Enhanced processes to comply with ASTM standards for biodiesel to meet European quality requirements.
Social Achievements
- Published its first sustainability report, "Sustainability & Stewardship", illustrating commitment to quality, customer service, employees, environment, animal care, and civic responsibility.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- High feed costs for hogs without commensurate higher product prices.
- Operational difficulties and negative margins at the biodiesel facility during startup.
- Abrupt slowdown in global economies and potential for protectionism and shrinking international trade.
- Narrowing processing margins and hog production losses.
- Fluctuating fuel and charter hire costs in the Marine division.
- Argentine government price controls and export taxes on agricultural products.
- Higher labor and administrative costs in the Sugar and Citrus operation.
Mitigation Strategies
- Optimism that the Renewable Fuel Standard will be resolved through market forces, leading to a better balance between cost and revenue for pork operations.
- Expectation of better results from the biodiesel facility in 2009.
- Construction of a ham-boning operation in Reynosa, Mexico to produce value-added products for the Mexican market.
- Continued strong pork exports to support domestic prices.
- Cost control measures and infrastructure improvements in the Marine division.
- Reviewing the position in the citrus business to mitigate risks.
- Investments in boiler and distillery capacity to manufacture either sugar or alcohol in Argentina.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Biodiesel
Awards & Recognition
- Not disclosed