Food security has become a globally critical agenda, especially for CPF who operates integrated agro-industrial and food businesses that rely on natural resources to maintain food security. Protection of biodiversity and ecosystems is therefore imperative to the company. The company has therefore assessed the dependence on ecosystem services and the impact drivers that may arise from business operations to the nature. ENCORE is applied as a tool to assess the level of materiality of each issue, leading to the risk management.
Furthermore, CPF has conducted the biodiversity risk screening of its 351 sites around Thailand which include both terrestrial and marine sites using the GIS (Geography Information System) as a tool to visualize and assess the sites proximity to the key biodiversity and international recognized areas, identified with the Integrated Biodiversity Assessment Tool (IBAT), such as, IUCN Red Lists, World Heritages Sites, Ramsar Wetland, Key Biodiversity Areas (KBA) and the Land use Maps of Thailand. Results from the assessment help CPF to set appropriate Biodiversity Management Plan (BMP) and to identify the next step for the sites that operate in close proximity to the aforementioned key areas.
The findings from the Critical Biodiversity Risk Screening revealed that 3 sites require further assessment to confirm if they are conclusively located in close proximity to critical biodiversity.
The preliminary biodiversity management plan frameworks have been prepared to present the key standard best practice management measures applicable to the type of operational activity of the CPF sites. The full biodiversity management plans will be integrated into CPF’s existing environmental management plan. This study allows CPF to recognize the biodiversity risks and to work towards creating positive outcomes on biodiversity in the operation areas by 2030.
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