Sustainability

2020 Sustainability Report


Discover our 2020 sustainability report

“Meeting tomorrow’s demand” - our sustainability strategy

“Meeting tomorrow’s demand” by making agricultural products available to everyone on the planet, every day, means doing business in a responsible and sustainable way.

This is because wherever we go, we are committed to creating a positive, sustainable and long-lasting difference for all our stakeholders – from our people to our shareholders, farmers, customers, communities and countries in which we operate.

Our sustainability strategy is based on five objectives.

The interactive diagram below explains the material issues and policies each one addresses.

Strategic objectives

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
Sustainability policy

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
Sustainability policy

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

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
Sustainability policy

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
Sustainability policy

Our strategic objectives in detail

Upholding standards

Careful compliance and good corporate governance keep our products safe, and help us to balance our shareholders’ needs.

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Taking care of our people

The future of our company depends on our people. The work we do helps our people reach their potential working in a safe, healthy environment.

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Managing our environmental impact

We are striving to reduce the environmental impact of our activities around the world.

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Connecting supply and demand responsibly

We are working to minimise the social and environmental risks at different points along our supply chain.

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Building strong communities

Our partnerships and programmes are making a positive impact on the communities we work near and live in.

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Our policies

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

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Sustainability reporting

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

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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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Stories

COFCO around the world: Growing the South Cone cooperation

Sitting on the right bank of the Parana River, Timbúes is one of Argentina’s most important agricultural export hubs, playing a key role in getting the region’s maize, soy, wheat, and other commodities to global markets.

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Interview with Dmitriy Denisenko – Putting safety at the core of the business

Carrying responsibility for the environment, health and safety at more than 80 locations around the world, Dmitriy is convinced that “a business is only safe when safety is at its core.”

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Satellite images play major role in building sustainable soy supply chain

To create a supply chain free from deforestation, information is key. And when it comes to soy, that means understanding what is happening on the ground, both the big picture and the small details at every step along the way.

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