Climate Change Data

CÔNG TY CỔ PHẦN THỰC PHẨM QUỐC TẾ INTERFOOD SHAREHOLDING COMPANY

Climate Impact & Sustainability Data (2015, 2019, 2020, 2021, 2023)

Reporting Period: 2015

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

  • Corporate Social Responsibility (CSR)
  • Environmental Protection
  • Corporate Governance
  • Employee Well-being

Environmental Achievements

  • Not disclosed

Social Achievements

  • Established Internal Control Department with support from Kirin Group to reduce business operation risks.
  • Strengthened relationship between company and employees through monitoring, improved policies based on employee satisfaction surveys, and improved data accuracy.
  • Developed tailored training programs for employees at different levels and departments.
  • Implemented employee transfer policy based on company needs and individual career goals.

Governance Achievements

  • Strengthened corporate governance, promoted compliance and risk management system to achieve transparent management.
  • Issued the Company’s Charter 2015.
  • Issued the Regulation on Corporate Governance of the Company.
  • Implemented organization restructure and appointed BOD members.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Develop midterm business plan in 2016-2018.
Short-term Goals:
  • Increase sales volume and expand market by expanding distribution system, enhancing selling activities and improving competencies of its sales team in 2016.

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

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

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2019

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

  • Compliance
  • Corporate Social Responsibility (CSR)
  • Creating Shared Value (CSV)
  • Risk Management
  • Environmental protection
  • Employee well-being
  • Community investment

Environmental Achievements

  • Not disclosed

Social Achievements

  • Sponsored the "Students of the City with the Law" contest, attracting 355,805 participants.

Governance Achievements

  • Established an Internal Control Department with support from the Kirin Group.
  • Implemented a risk management system aligned with Kirin Group's program.
  • Developed a risk management plan and crisis response guidelines, and conducted training for employees.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Increase sales by focusing on KIRIN brand products.
  • Achieve approximately 1,948 billion VND in total revenue (8% increase from 2019) and approximately 272 billion VND in pre-tax profit in 2020.

Environmental Challenges

  • Difficult business environment in 2019
Mitigation Strategies
  • Closely monitored sales targets, strictly adhered to basic sales rules, and focused on opening new sales points.
  • Adjusted sales force structure, sales regions, and implemented timely and effective sales and promotional policies.
  • Implemented cost reduction programs at the factory and optimized business and marketing expenses.
  • Implemented cost reduction programs at the factory to achieve production cost targets.

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: ISO, HACCP

Third-party Assurance: KPMG Vietnam

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Environmental initiatives
  • Corporate Social Responsibility (CSR)
  • Creating Shared Value (CSV)
  • Compliance
  • Risk Management
  • Health and wellbeing

Environmental Achievements

  • Investment in equipment and technology research and development to provide environment-friendly products and services
  • Implementation of measures to continuously improve quality, including periodic checks of the implementation of measures to prevent reoccurrence with a focus on priority issues, deepening understanding of ISO and HACCP by personnel, and raising the effectiveness of systems.
  • Continuous efforts concerning awareness of personnel and measures to achieve true safety including safety education at monthly companywide meetings, confirmation of the status of measures to prevent reoccurrence of past accidents, checks of unsafe areas by periodic patrols to achieve intrinsic safety, and measures that rank priorities.

Social Achievements

  • Sponsorship of the "City Students with Law" contest, promoting legal awareness among students.
  • Strengthening the relationship between the Company and employees through the implementation of periodically monitoring meetings, good policies based on the results of Employee's Awareness Survey (EAS), improving accuracy management data and governance performance based on adherence (compliance).
  • Development and implementation of training programs tailored to staffs at each level and to each department.

Governance Achievements

  • Establishment of Internal Control Department with personnel support from Kirin Group to help reduce risks associated with business operations in Vietnam.
  • Strengthen corporate governance, promote compliance and risk management system to achieve transparent management to win the trust of the society.
  • Establishment of Risk Management (RM) system and RM policy based on Kirin Group’s RM program. Development of RM plan and crisis response manual and conduction of RM training to target employees. Establishment of internal control system to follow processes and monitor RM plan execution.

Climate Goals & Targets

Short-term Goals:
  • Increase sales volume, mainly focusing on KIRIN brand products.
  • Acquire operating profits more with following strategies: The Company analyzes the sales data and selling activities by area and SKU’s utilizing DMS (Distribution Management System) and introduces the new function of DMS which the company can analyze the sales routes, and improves them so that salespersons can visit the outlets more effectively. The Company seeks more effective ways of selling activities through these analyses and then leads to increased sales volume and profits.
  • Invest in marketing activities such as marketing communication with consumers, in order to enhance KIRIN brand awareness.
  • Develop new health-conscious products under KIRIN brand and contribute to health improvement of Vietnamese people.
  • Reduce production costs and increase production capacity to meet the sales volume’s increase, cooperating with its group manufacturing company - Vietnam Kirin Beverage Company Limited.
  • Actively pursue work efficiency by improving business process through IT solutions.

Environmental Challenges

  • Covid-19 pandemic negatively impacted the economy, disrupting supply chains and reducing consumer demand.
  • Fiercer competition in the beverage industry.
Mitigation Strategies
  • Implemented cost reduction programs and effective use of promotion and marketing expenses to improve business efficiency and competitiveness.
  • Maintained basic sales, closely adhering to sales targets.
  • Implemented sales support programs such as discount programs, promotions, special support for distributors, sales team in difficult times and maintain a loyalty program of sale, continue to maintain advertising activities on social media channels at lower cost.
  • Strictly managed selling expenses, used economically and effectively.
  • Managed general and administrative expenses close to the plan.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Environment-friendly products

Reporting Period: 2021

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

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Not disclosed

Social Achievements

  • Organized the "City Students with Law" contest in collaboration with the Ho Chi Minh City Department of Education and Training and KIRIN Vietnam.

Governance Achievements

  • Established a risk management system and policy in accordance with Kirin Group's risk management program.
  • Implemented compliance management and risk management to prevent potential risks.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Achieve pre-COVID-19 sales levels by the second half of 2022.

Environmental Challenges

  • The COVID-19 pandemic negatively impacted consumer demand, leading to a decrease in sales.
  • Increased cost of goods sold due to reduced sales volume, low production volume due to pandemic disruptions, and rising input material prices.
Mitigation Strategies
  • Maintained basic sales efforts, adapted sales policies to the government's 'new normal' policy.
  • Implemented cost-cutting measures at the factory and optimized business and marketing expenses.
  • Developed and implemented a training program tailored to employees at different levels and departments.

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

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

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

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Successfully organized the Annual General Meeting of Shareholders in 2023

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Accelerate the buildup of a management base for sustainable growth
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Increased input costs and personnel expenses making it difficult to generate sufficient profits solely through increased sales volume and cost reduction.
Mitigation Strategies
  • Company aims to reduce costs across the entire company while maintaining a certain level of profit to invest in future growth.

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: KPMG

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed