Charoen Pokphand Foods Public Company Limited (CP Foods) has been selected by Thaipat Institute as one of the ESG100listed companies, demonstrating promising performance in the area of Environment, social and governance (ESG). This is the 6th time that the company is included in the prestigious list.
Prasit Boondoungprasert, Chief Executive Office at CP Foods, received the certification from Dr. Pipat Yodprudtikan, Director at Thaipat Institute. From 851 listed companies that were reviewed by Thaipat Institute, CP Foods has been selected as one of 100 outstanding ESG performers.
He says CP Foods integrates ESG into its sustainable growth strategy. This is also in line with CP Group's “3 Benefits” philosophy, to create positive impacts to the country where it is operated. This can be done by producing food products that are clean, safe, delicious, and nutritious while, taking good care of the environment and society. At the same time, it also encourages farmers, partners and society to grow together. These impacts will eventually lead to the benefit of the company.
“I am very pleased and would like to thank Thaipat Institute for recognizing the company's commitment to ESG in its business operations," said Mr. Prasit. Also, the company announced its sustainability strategy and goals, CPF 2030 Sustainability in Action, aiming to create a better change and directly support 17 Sustainable Development Goals (SDGs)
Dr. Pipat Yodprudtikan said that being listed in the ESG100 for the sixth year reflects the company's commitment in ESG and it is a good role model in the food industry. He added that ESG principle is important to all the parties in supply chain, including SME businesses. Driving business with ESG principle is the duty of every organization. He also praised for its continuous commitment as one of business leaders to drive Thailand’s economy forward while taking ESG principle into account.
At the same forum, CP Foods also announced CPF Restore the Ocean to raise awareness in ocean plastic waste crisis among employees and encourage recycling behavior in line with Circular Economy.