Bangkok (7 September 2017) -- Charoen Pokphand Foods PLC (CPF) has been selected as a member of Dow Jones Sustainability Indices (DJSI) Emerging Markets for three consecutive years, being one of the 14 members in the FOA Food Products industry group selected from 111 global companies . The selection affirms CPF's vision "Kitchen of the World".
Mr.Wuthichai Sithipreedanant, senior vice president for CSR & Sustainability of CPF, said CPF has retained a place in DJSI, the well-regarded global sustainability indices that evaluate global companies' operations in economic, social and environmental dimensions. The company is proud to have represented Thailand in the global sustainability stage, believing that the selection will assure investors and stakeholders of the company's performance.
The company's absolute score in 2017 and scores in the 3 dimensions surpassed the 2016 levels. In all dimensions, its scores stay above the industry average. Significant improvement is witnessed in innovation management, supply chain management, water risk management, environmental information disclosure, and the disclosure of social activities.
The significant improvement in the 5 aspects portrays CPF's dedication to innovate new products as well as social and environmental processes; create shared values in the supply chain through environmental- and socially-friendly practices and good governance
(Environmental, Social and Governance - ESG); and improve the management of water-related risks as water is a significant factor in driving the agriculture and food industry. On
top of that, CPF promotes transparency with the disclosure of accurate, clear and accountable information - the heart of corporate governance.
Being selected a member of DJSI for 3 consecutive years reflects the continued improvement of CPF's sustainability drive under 3 key pillars - “Food Security”, “Self-Sufficiency Society”, and “Balance of Nature”, based on good governance practices and human resource management. CPF's sustainability practices are in support of the United Nations' Sustainable Development Goals (SDGs) and aligned with the UN Global Compact of which CPF is a participant.
"CPF is dedicated to growing business and concurrently creating returns and shared values for stakeholders based on the core philosophy “3-Benefits for the Country, People, and Company"," said Mr.Wuthichai.
DJSI is one of the most highly regarded global sustainability indices, developed jointly by S&P Dow Jones Indices and RobecoSAM.
More than 3,400 leading listed companies in 60 industries across the world are invited to participate in RobecoSAM’s Corporate Sustainability Assessment (CSA) which covers economic, social and environmental dimensions.
