We recognize that developing win-win partnership with our business partners is our opportunity and responsibility to enhance the quality of life of people in the society. We therefore developed Sustainable Sourcing Policy and Supplier Guiding Principle in 2014 and have operated in compliance with the participatory responsible and sustainable supply chain management principles since 2015.
We carry out independent external audit and/ or internal audit to monitor compliance of our business partners with laws and regulations as well as with our Sustainable Sourcing Policy and Supplier Guiding Principle. Auditor will issue Corrective Action Request (CAR) and require business partners to submit Corrective Action Plan (CAP) if non-compliance is found.
Click below to learn more information about CPF Supply Chain ESG Management Approach
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For continuous improvement of our sustainable supply chain management in the long run, we launch annual activities as follows:
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CPF Supply Chain Sustainability Focus Group to communicate on sustainability issues found from supplier audit and exchange ideas on the issues
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CPF Capacity Building for Partnership to raise awareness on important sustainability issues and create competitiveness for today’s and tomorrow’s challenges
Targets and Progress
Capacity Building for Responsible Business Operation towards Sustainability
2015 Targets
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Disseminate the Sustainable Sourcing Policy and Supplier Guiding Principle to critical suppliers in animal feed raw materials, food ingredients and condiments, and food packaging group in Thailand, all of which have a strong influence on food quality and safety
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Encourage critical suppliers in Thailand to conduct supplier sustainability self-assessment
Performance
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100% of targeted critical suppliers received the Sustainable Sourcing Policy and Supplier Guiding Principle, of which 99% signed an acknowledgement
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100% of targeted critical suppliers conducted supplier sustainability self-assessment. We organized workshop to enhance our suppliers’ understanding about the self-assessment and also randomized suppliers who undertook the self-assessment verification through interviews or site visits
2017 Target
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Expand the dissemination of the Sustainable Sourcing Policy and Supplier Guiding Principle to critical suppliers of our Vietnam operation
Performance
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100% of critical suppliers of our Vietnam operation were communicated on the Sustainable Sourcing Policy and Supplier Guiding Principle during the CPV Supply Chain Sustainability Conference 2017. We also announced the target to complete supplier sustainability audit by 2020.
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100% of critical suppliers of our Vietnam operation were communicated on the Sustainable Sourcing Policy and Supplier Guiding Principle during the CPV Supply Chain Sustainability Conference 2017. We also announced the target to complete supplier sustainability audit by 2020.
2018 Target
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Provide training to critical suppliers on issues identified during the self-assessment and audit
Performance
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95 suppliers with a total of 173 participants participated in the classroom training on human rights and labour practices as well as on preventive occupational health, safety and work environment culture
2019 Target
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Encourage suppliers of 13 product groups in Thailand to conduct supplier sustainability self-assessment
Performance
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Disseminate the revision of Sustainable Sourcing Policy and Supplier Guiding Principle to our suppliers
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The Company partners with the Department of Labour Protection and Welfare of Thailand and good practice suppliers in the annual conference to share knowledge on sustainable practices, covering the 13 supplier groups in Thailand operation.
Supplier Sustainability Audit
2017 Target
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All high risk critical suppliers of our Thailand operation undergo sustainability audit
Performance
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94% of high risk critical suppliers of our Thailand operation were audited on sustainability. This accounted for 27% of all critical suppliers in our audit plan. All our fishmeal suppliers had been audited on sustainability since 2015.
2018 Target
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53% of critical suppliers of our Thailand operation are audited on sustainability
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20% of critical supplier of our Vietnam operation are audited on sustainability
2020 Target
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100% of targeted key agricultural raw materials are responsibly sourced and traceable.
Performance