It has a seven-point agenda to achieve net zero emissions while feeding the world in a sustainable, responsible and accountable manner

One of the world’s largest producers of feed, shrimp, poultry, and pork, Charoen Pokphand Foods Public Company Limited (CP Foods), has operations in 17 countries, and exports to more than 50 countries.

To drive further growth and gain competitive advantages to ensure the sustainability of their products for the future, the firm — already entrenched in digital transformation — is always ready to adopt next-level technologies and solutions to be the “Sustainable Kitchen of the World”.

In the agro-industrial and global food business landscape, CP Foods has now taken steps to future-proof its business and keep a keen eye on the sustainability impact (towards net zero mandates) of its products, processes and infrastructure globally.

Monitoring emissions requires “more cloud”
According to the firm’s CEO, Prasit Boondoungprasert: “Net Zero is the only solution to climate change. It is important to us to understand and reduce our impact on the planet so we create food that is not only safe and nutritious for people but also green and clean for the earth. Feeding our livestock, farming our food, and transporting it to people’s plates incurs emissions we have to be able to record and report.”

That is why CP Foods’ near- and long-term forests, lands, and agriculture (FLAG) sustainability targets are validated by the Science-Based Targets Initiative (SBTi). However, the demands of monitoring emissions has required the adoption of more cloud-based technology to:

    • Record, report, and act on real-time sustainability data
    • Drive carbon accounting at both corporate and product level
    • Realize goals of reducing 42% of Scope 1 and 2 emissions, and 30.3% of Scope 3 emissions by 2030; and 90% of Scope 1 and 2 emissions and 72% of Scope 3 emissions by 2050
    • Gain all-round insights into actual emissions automated in real-time rather than relying on manual averages, in order to make quick, informed, and sustainable business decisions for the firm’s operations, and for the planet
    • Develop a technology foundation that will ensure compliance with forthcoming carbon regulations in various markets, including the EU Carbon Border Adjustment Mechanism and US SEC climate risk disclosures
    • Reduce total emissions via a focus on supply chain emissions (mostly falling under Scope 3) by building on its existing Amazon Web Services (AWS) cloud infrastructure and implementing suitable sustainability solutions to record and report on its Scope 1 and 2 emissions in Thailand, and select Scope 3 (3.1 and 3.4) for its feed business in Thailand, covering both FLAG and non-FLAG emissions
    • Prepare for the next phase of implementation where the scope will extend to cover operations around the world

According to Paul Marriott, President (Asia Pacific & Japan), SAP, the firm appointed to supply multiple managed-cloud and cloud-centric digitalization and sustainability compliance solutions: “CP Foods is not only getting ahead of forthcoming emissions regulation, it is also future-proofing its business by using data to make more sustainable decisions. It can use those insights to drive more operational efficiencies, optimize supply chains, and differentiate its business against competitors.”