C.P. Group believes that a business must be based on social and environmental responsibility in order to operate in a sustainable manner. Therefore, the Group has set our Sustainability Framework accordingly, and strives to achieve our sustainability goals. This approach will enable the Group to realize its vision: ‘to provide food for both body and mind, to create shared values, and to bring health and well-being for all.’ To accomplish this vision, the Group is committed to giving back to the country and community. This also supports the Group’s ‘Three-Benefit Principle,’ under its Sufficiency Economy Philosophy.

The C.P. Excellence Management Approach is committed to operating its business with good governance, and the Group’s sustainability structure serves as the key mechanism in driving forth continuous progress towards the Group’s sustainability goals. Furthermore, the Group also supports the United Nation’s 17 Sustainable Development Goals (SDGs) to effectively manage sustainable material issues.
Sustainability Strategy
Executive Commitment
Materiality Assessment
Key Performance
Sustainability Report

Sustainability

Strategy

The foundation of C.P. Group’s sustainability approach is built upon gratitude and integrity. All employees adhere to the ‘Three-Benefit Principle,’ which has been an ongoing practice since the Group was first founded nearly 100 years ago. The Group has adopted a Sufficiency Economy Philosophy  and has integrated it into our entire supply chain. It emphasizes that businesses must strive for excellence through continuous improvement, and must adhere to the principles, national laws, regulations, and rules of the countries where we operate.  

The Group has set 12 sustainability goals that comply with the UN SDGs. Each component under this Sustainability Strategy falls under one of the following three categories of the 3H Framework: HEART-HEALTH-HOME. This Framework drives the Group towards stability, fostering social responsibility from stakeholders across areas in 21 countries and economic zones.

Executive

Commitment

Executive commitment to pursue sustainability in all invested countries.

Materiality Assessment

C.P. Group published the Group’s commitment and performance according to the Group’s Sustainability Framework. Considerations are given to both internal and external factors related to performance in order to accurately assess material sustainability issues. This is in accordance with Global Reporting Initiative (GRI) Standards that comprise stakeholder inclusiveness, sustainability context, materiality, and completeness. The process and steps for materiality assessment are described below.

Materiality Assessment Result

1.
Corporate Governance
2.
Human Rights and Labor Practices
3.
Leadership and Human Capital Development
4.
Education
5.
Social Impact
6.
Health and Well-Being
7.
Stakeholder Engagement
8.
Innovation
9.
Climate Change Management
10.
Water Stewardship
11.
Ecosystem & Biodiversity Protection
12.
Responsible Supply Chain Management

Key Performance

for Sustainability

Sustainability

Report

Charoen Pokphand Group Co., Ltd. has published our Sustainability Report for the third consecutive year, carrying on from the 2017 Sustainability Report, which was published in July 2018. The Sustainability Report will be published annually.

This report has been prepared in accordance with the GRI Standards: Core option.The accuracy and completeness of our data in this Sustainability Report was verified by Lloyd’s Register Quality Assurance (LRQA), a reliable and internationally recognized independent assurer.
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