CP Foods moves towards low-carbon organization, help driving the "Decade of Ecosystem Restoration"

Thursday 10 June 2021 08:40
Charoen Pokphand Foods PCL (CP Foods) moves forwards to its Climate Change Action Plan prioritizing on increasing productivity by lowering energy consumption, promoting renewable energy, reducing greenhouse gas emissions, decreasing food loss and zero food waste, as well as conserve, protect and restore watershed and mangrove forests through the low-carbon organization goal in bid to drive the United Nations' target the "Decades of Ecological Restoration".
CP Foods moves towards low-carbon organization, help driving the Decade of Ecosystem Restoration

Mr. Wuthichai Sithipreedanant, Senior Vice President - Corporate Social Responsibility and Sustainable Development of CP Foods, said that the Company realizes on the importance of operating business in line with the conservation and restoration of environmental balance sustainability. Under business challenges including climate change and the COVID-19 pandemic, the Company has launched six climate change action plans aimed at driving forward to achieve "Low-carbon Organzation".

The action plans comprise 1. Increase production efficiency by reducing energy consumption per production unit by 15% by 2025, compared to base year 2015. 2. Promote the use of renewable energy to reduce greenhouse gas emissions. Currently, the company's renewable energy consumption accounted for 26% of its total energy consumption. 3. Develop ecological-friendly products such as Meat Zero products, an innovative plant-based meat, as alternative food to serve environmentally conscious consumer, low-carbon products, environmentally friendly animal feed innovations, etc. 4. Efficiency logistic system planning, 5. Reduce food loss and food waste in the Company's manufacturing processes to zero within 2030. 6. Promote nature-based solutions through responsible sourcing, such as using maize from the area that does not damage the environment, sourcing fish meal materials from legal producers both domestic and overseas to produce aquatic feed with international traceability practice, as well as biodiversity protection through conservation, protecting, restoring watershed and mangrove forests and increasing green area around factories, which now already achieved over 10,000 rai.

CP Foods is committed to mitigating impacts and protecting the environment along with its sustainable strategies through circular economy principles. To the strategies, in 2020, the company achieved operational goals to support global conservation approaches, such as reducing water withdrawal per production units by 36% in 2020 compared to base year 2015, utilizing reused and recycled water accounted for 42% of total water consumption. Moreover, the company's food plastic packaging are reusable or recyclable or upcyclable or compostable reached 99.99%, reducing greenhouse gas emissions by more than 580,000 tons carbon dioxide equivalent. The successful of lower carbon emission derived from increasing energy efficiency and promoting renewable energy throughout the supply chain.

"The world is facing a major health crisis from the covid-19 pandemic and climate change that affect global economy and society to step forward slowly. We all need to work together to balance of nature sustainability. As one of the world's leading integrated agro-industrial conglomerate, CP Foods strives to be a part of ecosystem restoration to ensure sustainable food security missions," Mr. Wuttichai said.

Source: CPF