Charoen Pokphand Foods Plc (CPF) has secured the top rank in the food products sector of the Dow Jones Sustainability Index (DJSI).
Endorsed by S&P Global, the DJSI is acclaimed as the global standard for corporate sustainability performance benchmarks.
CPF celebrates its ninth consecutive year in the emerging markets category, reflecting its commitment to sustainable practices.
The company is steadfast in its dedication to food security and the protection of human rights, operating with a rigorous adherence to environmental, social and governance principles, said Prasit Boondoungprasert, chief executive of CPF.
He highlighted the company's commitment to sustainability, which is manifested 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, said Mr Prasit.
CPF also serves as a beacon of innovation, advancing the development of nutritious and healthy food products through the integration of advanced technologies and efficient resource utilisation, he said.
Embracing a circular economy model, the company operates under its strategic "Climate, People and Food Security" framework, ensuring food security during both stable times and crises, said Mr Prasit.
"CPF envisions being recognised as the 'Sustainable Kitchen of the World'," he said.
Mr Prasit said the company embraces the sufficiency economy philosophy and is guided by the CP Group's "3 benefits" principle, inspired by Dhanin Chearavanont, senior chairman of the group. This approach focuses on benefits to the country, people and the company, propelling CPF in its mission to supply high-quality, safe, nutritious and flavourful food to consumers globally.
The company is committed to elevating food safety standards by innovating and integrating advanced technologies throughout its production chain, from animal feed and farming to food processing.
CPF launched the "Thai Food: Mission to Space" project, aiming to achieve space food safety standards, marking a significant milestone for Thai food products.
The company is well-equipped to navigate transitions across all facets of its operations in response to the rapidly evolving food landscape, said Mr Prasit. This preparation includes organisational risk management, adherence to regulations, cybersecurity, responsible procurement practices and the promotion of biodiversity, he said.
CPF's human resources strategies are designed to cultivate a culture of engagement, expertise and adaptability among its workforce, with a commitment to fairness, equality and embracing diversity and inclusion.
