Latest news stories from COFCO International.
COFCO International links sustainability performance to new USD 2.1 billion credit facility
COFCO International announced today the signing of an agreement with a consortium of 20 banks for a USD 2.1 billion sustainability-linked loan as the company’s core financing facility. It is the largest sustainability-linked loan for a commodity trader.
Soft Commodities Forum members publish first common reports on soy supply chains
Advancing transparent and traceable soy supply chains in Brazil’s Cerrado region
Soft Commodities Forum members commit to common framework supporting transparent and traceable soy supply chains in Brazil
The Soft Commodities Forum (SCF) members, a global platform for leading soft commodities companies convened by the World Business Council for Sustainable Development (WBCSD), have committed to a common framework for reporting and monitoring progress on transparent and traceable supply chains for soy in Brazil’s Cerrado region.
COFCO International joins WBCSD
COFCO International has joined nearly 200 forward-thinking companies as the newest member of the World Business Council for Sustainable Development (WBCSD).
Jun Lyu: We can feed the world in a sustainable way, but we need to act now
The following article was published on 24 January 2019 as part of the World Economic Forum Annual Meeting in Davos, Switzerland.
COFCO International names Wei Dong as chief executive
Wei (David) Dong has been appointed Chief Executive Officer and Board member of COFCO International, effective immediately. Johnny Chi, previously Chief Executive Officer, will continue as Chairman of COFCO International, based at the company’s headquarters in Geneva.
COFCO International Joins Initiative to Modernise Global Agricultural Commodity Trade Operations
COFCO International Ltd is partnering with ADM, Bunge, Cargill, and LDC to standardise data and digitise global agricultural shipping transactions. Together, the companies are looking to increase transparency and efficiency for customers through digital technologies, such as blockchain and artificial intelligence.
China, Portugal leaders witness signing of cooperation agreement for new COFCO International Centre of Excellence in Portugal
Chinese President Xi Jinping and Portuguese Prime Minister António Costa today attended the signing of an agreement for the establishment of COFCO International's Centre of Excellence for corporate shared services in Portugal.