CP Foods ranked first in the 2023 DJSI Index, upholding its position as the leading global sustainable company in the food products sector

Charoen Pokphand Foods Public Company Limited (CP Foods) reaffirms its position as a global leader in sustainability, clinching the top spot in the food products sector of the Dow Jones Sustainability Index (DJSI). Accredited by S&P Global, the DJSI is recognised as the global standard for corporate sustainability performance benchmarks. CP Foods marks its ninth consecutive year in the Emerging Markets category, demonstrating its unwavering commitment to sustainable practices. The company remains steadfast in its dedication to food security and the protection of human rights, operating with rigorous adherence to environmental, social, and governance (ESG) principles.

Prasit Boondoungprasert, CEO of CP Foods, underscores the company’s commitment to sustainability, evident in its adherence to human rights across its entire value chain. This commitment extends from farmers and business partners to shareholders, investors, employees, and local communities. CP Foods serves as an innovator, continuously advancing the development of nutritious and healthy food products through the integration of advanced technologies and efficient resource utilisation. Embracing a circular economy model, the company operates under the strategic ‘Climate People and Food Security’ framework, ensuring food security during both stable times and crises.

“CP Foods envisions being recognised as the ‘Sustainable Kitchen of the World,'” stated Mr. Prasit. The company embraces the sufficiency economy philosophy and is guided by the CP Group’s “3 benefits” principle, inspired by Dhanin Chearavanont, CP Group’s Senior Chairman. This approach focuses on the benefits of the country, people, and the company itself, propelling CP Foods in its mission to supply high-quality, safe, nutritious, and flavorful food to consumers globally.

The company is also committed to elevating food safety standards by innovating and integrating advanced technologies throughout its production chain, from animal feed and farming to food processing. CP Foods has launched the pioneering ‘Thai Food: Mission to Space’ project, aiming to achieve space-level food safety standards, marking a significant first for Thai food products.

Additionally, CP Foods is well-equipped to navigate transitions across all facets of its operations in response to the rapidly evolving landscape and forthcoming challenges. This preparation encompasses thorough organisational risk management, adherence to regulations, cybersecurity, responsible procurement practices, and the promotion of biodiversity. The company’s human resources strategies are designed to cultivate a culture of engagement, expertise, and adaptability among its workforce, with a steadfast commitment to fairness, equality, and embracing diversity and inclusion.

CP Foods operates in 17 countries and exports food to over 40 countries, reaching more than four billion people. The company’s goal is to achieve Net-Zero greenhouse gas emissions by 2050, being the first food producer to have its emission reduction targets, both short-term and long-term, scientifically validated and aligned with the Forest, Land, and Agriculture Guidance (FLAG) from The Science-Based Targets Initiative (SBTi).

As a Dow Jones Sustainability Index member for nine consecutive years, CP Foods has demonstrated its effectiveness in sustainable business practices, excelling in corporate governance, economic performance, environmental stewardship, and social responsibility. The company aspires to create sustainable value for the long term, growing steadily alongside all stakeholders, guided by its vision of being the sustainable “Kitchen of the World.”