The process of materiality assessment involves evaluating and determining the significance of Environmental, Social, and Governance (ESG) issues that are relevant to Charoen Pokphand Group’s business activities and stakeholders.

The materiality assessment process of C.P. Group begins with the preliminary identification of sustainable material issues, then follows by the identification of impacts, risks, and opportunities, the evaluation of material issues by stakeholders, and the endings with prioritization of material issues. The materiality assessment process included not only descriptions of processes suggested by international reporting frameworks such as GRI Standards 2021 but also opinions obtained through consultation with external expertise. Furthermore, to increase the reliability and transparency of the C.P. Group materiality assessment process and results, the Group engages an independent third party to conduct a process and result verification.

Double and Dynamic Materiality Assessment Process

Preliminary Identification of Sustainable Material Issues

Upon identifying material sustainability issues, Charoen Pokphand Group analyzed the Group’s value chain, activities related to the Group and stakeholders, global reporting standards and frameworks, reports of relevant associations and organizations, the direction of relevant industries, and comparable companies while also taking into account issues arising in public media in order to define the material issues. As a result, 54 material sustainability issues are related to the Group’s business operations and are of interest to stakeholders.


Living Right

  • Corporate Governance
  • Transparency and Disclosure
  • Business Ethics
  • Political Engagement
  • Anti Bribery and Corruption
  • Compliance Management
  • Risk and Crisis Management
  • Competitiveness and Productivity
  • Geopolitics and Economic Context
  • Human Rights and Labor Practices
  • Employee Wellbeing
  • Diversity, Equity and Inclusion
  • Occupational Health and Safety
  • Human Capital Development
  • Talent Management
  • Customer Relationship Management
  • Retail Relationship
  • Education for all and Communities Development
  • Improving Access to Education
  • Youth Disillusionment
  • Involuntary Migration


Living Well

  • Innovation and Creation
  • Product Transparency
  • Health and Nutrition
  • Product Quality and Safety / Food Safety
  • New Consumption Pattern / Changing Consumer Behaviors
  • Economic and Social Value Creation
  • Social Integration and Regeneration
  • Stakeholder Engagement
  • Community Relations / Engagement
  • Responsible Marketing
  • Product Safety and Quality
  • GMOs
  • Health and Nutrition
  • Food Security / Food Safety
  • Mental Health Deterioration
  • Animal Welfare
  • Social Cohesion Erosion
  • Livelihood Crisis
  • Social Security Collapse
  • Public Infrastructure Failure
  • Backlash Against Science


Living Together

  • Climate Resilience
  • Greenhouse Gas Emissions
  • Energy Efficiency
  • Water Stewardship
  • Circular Economy
  • Waste Management
  • Nature Protection and Restoration
  • Supply Chain Stewardship/ Responsibility
  • Responsible Purchasing
  • Environmental Policy and Management
  • Noise Pollution
  • Human Environmental Damaged

Identification of Impacts, Risks, and Opportunities

Charoen Pokphand Group conducted a study and analysis of impacts, risks, and opportunities related to the Group’s business operations to achieve a comprehensive analysis. Accordingly, the Group thoroughly inspected operations throughout the value chain, products/ services, and usage process of consumers and customers. Furthermore, to understand potential ESG impacts, the analysis also considered both direct and indirect impacts. In addition, the Group adopted the Double and Dynamic approach to assess material sustainability issues. This new methodology helped the Group to gain a greater understanding of sustainability issues and changes that may occur during different circumstances and time periods.

Double and Dynamic Materiality

Double Materiality

The double materiality assessment is the assessment of the external impact on society or the environment and the internal impact on enterprise value. This broad view provided a complete knowledge of C.P. Group's role and responsibilities in tackling sustainability concerns. The Group identified tangible environmental, social, and governance (ESG) concerns crucial to its long-term sustainability and stakeholder value creation by examining the direct and indirect implications of our operations, supplier chains, and products/services on stakeholders and the environment.

Dynamic Materiality

Dynamic materiality is the evaluation approach that recognized that ESG issues and stakeholder concerns vary over time as a result of growing trends, changing legislation, and altering company plans. The Group was able to catch growing concerns, expectations, and trends by regular monitoring and involvement with stakeholders, such as employees, customers, suppliers, investors, and communities. C.P. Group ensured that our materiality evaluation stayed current and connected with the developing sustainability environment by regularly monitoring these developments.

Assessment of Impact of Material Issues by Stakeholders

The assessment of the impact of material issues by stakeholders is a critical process in ensuring effective corporate governance and sustainability practices within the Charoen Pokphand Group. Stakeholders play an important role in identifying and evaluating material issues that can have a significant impact on a company's performance, reputation, and long-term viability. The Group takes a multi-stakeholder engagement approach to assessing the impact of material issues. This process assists the Group in identifying and prioritizing the most important concerns and expectations of stakeholders, allowing us to allocate resources and develop appropriate strategies to address them. It also allows stakeholders to have a say in decision-making and hold organizations accountable for their actions. In addition, The Group also engaged with external experts to get their opinions on our materiality assessment process as well as the extent to which the Group affects the outside environment and vice versa.

Prioritization of Material Issues that are Significant to C.P. Group and Stakeholders

Charoen Pokphand Group places great importance on the prioritization of material issues that are significant to our operations and stakeholders. The process of prioritization of material issues involves a thorough analysis and understanding of various factors to identify the most critical issues that require attention and action. Additionally, the Group considers the potential impact of material issues on its business and stakeholders. This assessment involves evaluating the financial, operational, reputational, and regulatory implications of each issue. Issues that have the potential to significantly affect the group's performance, profitability, and sustainability over a period of time are given higher priority.

Significant Material Issues for C.P. Group and Stakeholders