CPF believes that its participation in regulatory advocacy contributes to sustainability advancement in agro-industry and food industry in ways that enhance the Company’s competitive edge in international market. It is one of our responsibilities to the society and the countries in which we operate to assist more informed decision-making on the development of policies, laws, and regulations. It is also a way to promote sustainable development. We regularly participate as an individual company and through industry associations and trade associations, such as Thai Chamber of Commerce and Federation of Thai Industries, and contribute in forms of membership fee and other activities. In 2022, we contributed 8,080,204 Baht to those organizations, in the forms of membership fee.
1. Contributions and other Spending
| 2019 (Baht) | 2020 (Baht) | 2021 (Baht) | 2022 (Baht) | |
|---|---|---|---|---|
| Lobbying, interest representation or similar | 0 | 0 | 0 | 0 |
| Local, regional or national political campaigns / organizations / candidates | 0 | 0 | 0 | 0 |
| Trade associations or tax-exempt groups (e.g. think tanks) | 7,320,838 | 7,604,842 | 6,515,265 | 8,080,204 |
| Other (e.g. spending related to ballot measures or referendums) | 0 | 0 | 0 | 0 |
| Total contributions and other spending | 7,320,838 | 7,604,842 | 6,515,265 | 8,080,204 |
2. 2022 Top three annual monetary contributions for membership fee to associations/institutions
| Associations/ Institutions | Descriptions | THB | |
|---|---|---|---|
| 1 | Thai Broiler Processing Exporters Association | Thai Broiler Processing Exporters Association was established in 1991 to act as a regulating and service agency for the large number of Thai chicken meat producers and exporters. All of the association's members are leading Thai producers and exporters with decades of proven track record in the chicken industry. Thai Broiler Processing Exporters Association is well recognized as premium grade chicken product supplier to customers throughout the world, including Japan, Singapore, Hong Kong, South Korea, Middle East Countries, EU countries, South Africa, and others.Visit http://www.thaipoultry.org/?p=about&lang=EN for more information. | 4,285,573 |
| 2 | Thai Feed Mill Association (TFMA) | Thai Feed Mill Association (TFMA) is a private non-profit organization. It was founded by a group of entrepreneurs, who have realized the importance of developing collaboration among livestock sectors in Thailand. Starting as a grouping, it was registered under the Trade Association Act, B.E. 2509 as Thai Feed Mill Association (TFMA) on December 25th, 1978. Its main objective is to assist members in solving problems affecting feed and livestock businesses. Visit http://www.thaifeedmill.com/ for more information. | 2,071,039 |
| 3 | UN Global Compact Network Thailand (GCNT) | CPF is a co-founder to the local network of the world’s largest corporate sustainability initiative, the network works together to align strategies and drive operations to realize societal sustainability goals, with an environmental focus area on climate change. The network allows exchanges of best practices and opportunities to jointly drive for private-public sector commitment in pursuing Thailand’s net zero goal. | 716,108 |
CPF has collaborated with relevant associations/ institutions with the purpose to bring changes for the better society through influencing policy and/ or law makers. As an agro-industrial and food conglomerate, we put high emphasis on development and promotion of sustainable production, by primarily focusing on sustainable poultry and sustainable fishery supply chains, which are directly linked to our core business. Key initiatives that were supported by CPF in 2022 are as follows:
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Thai Livestock and Aquatic Consortium for Sustainable Development:
As part of Thai Livestock and Aquatic Consortium (TLAC) consortium and the leader, CPF initiates many sustainable development projects, which focus on GHG reduction in Thai Livestock and Aquatic Supply Chain by 2040 that can contribute to country Net-Zero emissions commitment. One of profound collaborations is Thai Livestock Technical Consortium for Climate Neutrality (LCCN) with King Mongkut’s University of Technology. The operational phrases consist of setting baseline, LCA analysis, Gas Chromatography to capture the amount of GHGs gas from livestock activities and Carbon Capture, Utilization and Storage (CCUS) technology. The collaboration helps CPF to secure the competitive edge and prepare for the future stringent regulations. In 2023, CPF has advised TLAC to expand its collaboration from 13 to 15 associations. CPF also initiated two working group on important feed raw materials namely, working group on maize and fishmeal. -
MarinTrust, the global marine ingredient standard for responsible supply (formerly IFFO RS):
We support the issue through being a member of Thai Feed Mill Association and a founder of Thai Sustainable Fisheries Roundtable (TSFR). CPF has initiated the Fishery Improvement Project (FIP) on trawl fisheries along the coasts of Gulf of Thailand and Andaman Sea in collaboration with MarinTrust. FIP in the Gulf of Thailand is to develop assessment guidelines for mixed trawl fisheries management, the first ever sustainable fishery standard and applicable to the Southeast Asia. The guidelines are currently used for the implementation of the FIP on trawl fishery in Vietnam. TSFR supports a grant for research of fisheries risks in ecosystem and endangered species with Agricultural Research and Development Agency (ARDA). It also has close cooperation with the Department of Fisheries to develop sustainable fishery policy related to research to establish Thai trawl fisheries guidelines to be in line with international standards and recognized by world community.
3. Public Policy Engagement and Trade Association Membership - Climate Alignment
With the intensifying climate physical and transition impacts worldwide and the increasing aspiration of all stakeholders to transition towards low carbon society, CPF recognizes the imperative of climate actions, hence, sets our corporate position on public policy engagement and trade association membership across all jurisdictions that we have operations, to be in line with Paris agreement which aims to limit global temperature increase to well below 2 degrees Celsius, while pursuing efforts to limit the increase to 1.5 degrees.
CPF has in place the management and governance structure and process on public policy engagement and trade association membership to support transition towards low carbon society, with Chief Executive Officer (CEO) as the highest management position who is responsible for determining the engagement direction and monitoring the results. Executives from related functions are involved in the consideration of CPF participation, determination of roles and approaches, participate in engagement and reporting the results to the CEO on regular basis.
CPF regularly reviews and monitors the status of public policy engagement and trade association membership to align with environmental impact mitigation, especially on GHG emission reduction. In case the trade association’s position on climate change misaligns with ours, further engagement will be conducted to steer their position to be in line with CPF in order to move towards a low carbon society.
2022 Trade Associations - Climate Alignment
| Associations/ Institutes | Description | |
|---|---|---|
| 1 | Food Reform for Sustainability and Health (FReSH) workstream under World Business Council for Sustainable Development (WBCSD) | A global collective work of members on progressive business solutions to transform the food and agricultural systems, to achieve regenerative and equitable food systems. The Company is an active member in Responsible Meat initiative, which drives to accelerate responsible and climate-friendly farming, and positive consumption, which aims to collaboratively build a more resilient health system and accelerate climate, nature, and equity action. |
| 2 | UN Global Compact Network Thailand (GCNT) | CPF is a co-founder to the local network of the world’s largest corporate sustainability initiative, the network works together to align strategies and drive operations to realize societal sustainability goals, with an environmental focus area on climate change. The network allows exchanges of best practices and opportunities to jointly drive for private-public sector commitment in pursuing Thailand’s net zero goal. |
| 3 | SeaBOS | Seafood Business for Ocean Stewardship (SeaBOS) initiative is an cross-sector collaboration within the global seafood industry, involving nine of the world’s largest seafood companies, working with experts to achieve sustainable seafood production and healthy ocean. The initiative works across multi-dimensions. One of which is climate resilience, whose objectives are to address the complexity and diversity of climate change impacts, seek and develop corresponding solutions to build resilience, and implement climate change mitigation activities. |
| 4 | Global Sustainable Seafood Initiative (GSSI) | GSSI is the global public-private multi-stakeholder partnership between leading companies (representing the entire seafood value chain) NGOs, and governmental and inter-governmental organizations including the United Nations’ Food and Agriculture Organization (FAO). It aims to promote improvement in certified seafood by operating a global benchmark tool with transparency aligns with FAO guidelines. The initiative enables exchanges and joint efforts as seafood sector works togethers a low carbon and sustainable future through climate resilience building and climate mitigation activities. |
| 5 | U.S. Soybean Export Council (USSEC) | CPF representative from World Trade Regulations Office, serves as Sustainable Livestock Office Manager, Thai Feed Mill Association, coordinates with U.S. Soybean Export Council (USSEC) to stress the importance of GHG measurement in soy plantation affecting supply chain in Thai Livestock businesses. USSEC then uses such information in their presentation and future discussions on GHG reduction. |
| 6 | Thailand Supply Chain Network (TSCN) | CPF, along with the other 8 leading private companies, founded Thailand Supply Chain Network in 2019 with the aim to establish intercorporate collaboration among entrepreneurs to exchange information, knowledge and experience. The network supports Thai business in adhering to sustainable business practice throughout the entire supply chain, domestic or overseas. Among the five working groups, there is Sustainability and Circular Economy, which focuses on integration of ESG framework and the transition to become a low-carbon economy. |
| 7 | TIPMSE | Thailand Institute of Packaging and Recycling Management for Sustainable Environment (TIPMSE) is an organization founded by corporate members and associations under Federation of Thai Industries to reduce amount of used packaging in waste countrywide. The network promotes appropriate management system for used packaging and recycled materials. By ensuring packaging waste is managed and recycled effectively, enabling circular economy, this helps reduce emissions associated in a packaging lifecycle. |
| 8 | Thailand Greenhouse Gas Management Organization (TGO) | TGO was established as an autonomous public organization. CPF has closely worked with the organization to support and expedite the development and implementation of greenhouse gas reduction efforts in business operations. Through the partnership, the company has successfully become the first feed business certified as a ‘Carbon Neutral Organization,’ with multiple products certified as low carbon products. |
| 9 | The Joint Standing Committee on Commerce, Industry and Banking (The Thai Chamber of Commerce, The Federation of Thai Industries, The Thai Bankers’ Association) | CPF advisor and representative from World Trade Regulations Office, on behalf of Thai Chamber of Commerce, participate in Sustainability Committee on Climate Change. The committee is responsible for establishing proposals for private sector in monitoring and driving Thai policies in support of Thailand and private sector GHG reduction. This includes opinion provision of Climate Change Act and relevant measures. |
| 10 | The Thai Chamber of Commerce |
CPF representative from World Trade Regulations Office is designated by The Thai Chamber of Commerce as a main contributor to agricultural GHG reduction. The representative also serves as a Sub-Committee on climate change policy for Thailand agricultural sector, aiming to establish Thailand’s National Determined Contributions (NDCs). The sub-committee wishes to Uplift understanding of GHG reduction in upstream value chain through arrangement of training and seminar for the chamber members and farmers. |
| 11 | The Federation of Thai Industries |
CPF representative from World Trade Regulations Office participates in the promotion and support committee of GHG reduction of industrial sector. The committee’s responsibility is to jointly define appropriate measures in enhancing the capability of industries as well as the federation members on tangible GHG reduction through cooperating with Thailand GHG Management Organization. Therefore, food industrial members have better understanding of carbon footprint of product. |
| 12 | Thai Feed Mill Association |
CPF designates advisor (President of the Association) to drive sustainable development policy. This includes 1. A research of GHG reduction of 3 feed raw materials namely maize, casava, and rice in collaboration with the Department of Agriculture and National Science and Technology Development Agency and 2. The establishment of Sustainable Livestock Office in the Association where representative from World Trade Regulations Office is designated as Office Manager. |
| 13 | Thai Broiler Processing Exporters Association |
CPF’s advisor posted as President of Thai Feed Mill Association calls for support from executives of Thai Broiler Processing Exporters Association to fund research projects: 1. Project on Environmental Assessment of Maize Plantation in Chiang Rai and 2. GHG Reduction in Livestock Supply Chain (GHG Measurement in Maize Plantation) |
| 14 | Federation of Livestock and Aquaculture (comprising 11 associations) | The uplift of knowledge and understanding of the Federation members via communications and activities such as Workshop on Thai Livestock towards NetZero Emission. |
| 15 | Thai AEO Importer & Exporter Association | CPF’s advisor, as President of the Association, continually raises awareness of carbon and arranges activities among its members. |
| 16 | Walmart’s Project Gigaton | CPF is part of Project Gigaton launched by Walmart in 2017. The project allows engagement on climate actions among suppliers, NGOs and other stakeholders, with the aim to reduce or avoid one billion metric tons (a gigaton) of greenhouse gases from the global value chain by 2030. CPF has received recognition ‘Merchandising Impact Award of Sustainability’ from Walmart Annual Supplier Growth Forum 2022, in recognition of the efforts to ensure sustainable and traceable seafood production. This was in the form of substantial plastic reduction, increased Best Aquaculture Practices (BAP) 4-star farms certification, clean energy consumption through technology. |
| 17 | ESG Network | Listed companies join hands as ESG Network, creating a space of learning and exchanges on ESG framework, as well as support the integration of sustainability into business operations. Corporate members are able to collaborate with civil society and public sector to drive positive impacts and sustainability nation-wide. |
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