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Sustainability

2023 Sustainability Report

Discover our 2023 sustainability report

Advancing progress towards sustainable agriculture

In a rapidly changing world, COFCO International is building momentum on its sustainability commitments, as climate, biodiversity and resource scarcity challenges combine to create unprecedented supply challenges for food and agricultural production.

Welcome to our 2023 Sustainability Report. This year, we present our new sustainability strategy, as we begin the next ambitious phase of our journey towards meeting tomorrow’s demand responsibly, while creating value for our stakeholders. We will explore opportunities and progress across three priorities encompassing all our material topics: Protecting the Earth, Empowering people, Championing values.

By stepping up our efforts to conserve nature and protect the climate and environment, empower people, and champion our values, we aim to make further progress over the next ten years and beyond.

We ask all our stakeholders to join us in making long-lasting progress on sustainable agriculture, farmer livelihoods and food systems. Together, we will produce food in a way that helps to mitigate climate change and promotes global food security.

Strategic Objectives

Upholding standards

Upholding standards

Upholding standards

Upholding standards Upholding standards

Create value and balance stakeholder interests by good corporate governance, compliance with applicable laws and regulations, and ensuring the quality and safety of our products.

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Material issues
  • Good Governance & Compliance
  • Product Quality & Safety
Taking care of our people

Taking care of our people

Taking care of our people

Taking care of our people Taking care of our people

Recognise people as the driving force behind our business by respecting their (human and labour) rights, providing a safe and healthy work environment, and offering employees opportunities to develop their potential and excel.

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Material issues
  • Respect for Human & Labour Rights
  • Occupational Health & Safety
  • Talent Attraction & Retention
Managing our environmental impact

Managing our environmental impact

Managing our environmental impact

Managing our environmental impact Managing our environmental impact Managing our environmental impact Managing our environmental impact Managing our environmental impact

Mitigate the environmental impact of our operations by monitoring and optimising our resource efficiency, applying responsible agricultural (production) practices and minimising waste generation.

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Material issues
  • Responsible Agricultural Production
  • Water management
  • Waste management
  • Energy efficiency & Reduction of Emissions
Sustainability policy
Connecting supply & demand responsibly

Connecting supply & demand responsibly

Connecting supply & demand responsibly

Connecting supply & demand responsibly Connecting supply & demand responsibly Connecting supply & demand responsibly Connecting supply & demand responsibly

Manage our supply chains in an efficient, responsible and sustainable way by mitigating possible environmental and social risks – including biodiversity and deforestation – sharing best practices and achieving partnerships, and by reducing impact on natural resources and increasing agricultural productivity through (agricultural) innovation.

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Material issues
  • Sustainable Agricultural Sourcing
  • (Agricutural) Innovation
Building strong communities

Building strong communities

Building strong communities

Building strong communities Building strong communities Building strong communities

Have a positive impact on the communities where we work and live; empower underprivileged people to improve their future within the context of international agribusiness, through community engagement, partnerships and programs.

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Material issues
  • Community engagement

Our strategic objectives in detail

Upholding standards

Upholding standards

Our values steer the direction of our company based on transparent governance and effective risk management, contributing to the long-term confidence of our stakeholders.

Taking care of our people

Taking care of our people

We want our employees to grow with us. This means standing up for their rights and equal opportunities, while also ensuring safe and healthy workplaces.

Managing our environmental impact

Managing our environmental impact

We strive to reduce our environmental impact as we work towards meeting the food demand of a rapidly growing global population.

Connecting supply and demand responsibly

Connecting supply and demand responsibly

We work with our suppliers and other stakeholders to build efficient and sustainable supply chains, while promoting environmentally and socially sound agricultural practices whenever we can.

Building strong communities

Building strong communities

We partner closely with communities in which we work and live to make a positive impact - growing together, side by side.

Our policies

Our policies

COFCO International's formalised policies are an integral part of our company-wide sustainability approach.

Sustainability Reporting

Sustainability Reporting

We publish annual sustainability reports outlining progress made towards our mission to meet rising demand for food in a sustainable way.

Our partnerships and memberships

Our partnerships and memberships

Collaboration is key to better understand and sensitively address the diverse and complex sustainability challenges we face as a company and as an industry.

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