CP Group
Transnational conglomerate
Founded in 1921. Transnational conglomerate operating in agribusiness and food, retail and distribution, and telecommunications through 200 subsidiaries in 18 countries.

Overall

Owned THA
Rating C
About the Ratings
Charoen Pokphand Group Co. Ltd
THA

Company Assessment

(Last updated Aug 2024)
Charoen Pokphand Group Co. Ltd
Praise
43.6% in Nature Benchmark
The Nature Benchmark ranks 816 companies across 20 industries on their efforts to protect our environment and its biodiversity. Companies were assessed in three phases between 2022 and 2024 using three measurement areas: governance and strategy; social inclusion and community impact; and ecosystems and biodiversity. This company was assessed in 2023 and is ranked #11/816, with a total score of 43.6/100.
CDP Climate Change score of B
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of B.
Source: CDP (2023)
CDP Forests score of B
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts towards removing commodity-driven deforestation and forest degradation from its direct operations and supply chains. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Forests score of B.
Source: CDP (2023)
CDP Water Security score of B
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security score of B.
Source: CDP (2023)
13/20 in Social Benchmark
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2023 and received a score of 13/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
45.3% in Food and Agriculture Benchmark
The 2023 Food and Agriculture Benchmark assessed 350 keystone companies across the entirety of the food system, from farm to fork. It covers three dimensions where transformation is needed: nutrition, environment and social inclusion. This company ranked #10/350, with a total score of 45.3/100.
Criticism
Supply chain practices in China
The Green Supply Chain Corporate Information Transparency Index (CITI) evaluates consumer-facing companies that have a sizeable supply chain in China. The evaluation uses government supervision data and public information to assess the environmental management of their supply chains in China. This company received a score of 0.4/100 (retrieved 24 Nov 2023).
Source: IPE (2023)
36.1% in Forest 500 Rankings
Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This company received a score of 36.1%.
Access to Seeds Index
The Access to Seeds Index evaluates and compares seed companies according to their efforts to improve access to quality seeds of improved varieties for smallholder farmers. This company received a score of 1.32/5.
Tier 5 in farm animal welfare rankings
The Business Benchmark on Farm Animal Welfare (BBFAW) 2023 Report ranks global food companies on their farm animal welfare policies, practices and performance. This company appeared in tier 5, "On the business agenda but limited evidence of implementation", with tier 1 being the best, and tier 6 the worst.
Information
Climate action commitments
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Sustainability claims
This company has Shared Values claims on its website in the areas of environment, education, and social.
Rural Lives Development Foundation
Established in 1987. Foundation activities include human resource development and career promotion; the development of community and quality of life; and the revitalization and conservation of natural resources and environment.
35.4% in Seafood Stewardship Index
The 2023 Seafood Stewardship Index ranks the world's 30 largest seafood companies across four measurement areas: governance and strategy, ecosystems, traceability and social responsibility. This company ranked #8/30, with a total score of 35.4/100.
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Company Details

Type:
Private company
Revenue:
41 billion USD (2013)
Employees:
300,000 (2015)
Subsidiaries:
Charoen Pokphand Foods PCL
Agro-Industrial and food conglomerate
Largest agro-industrial and food conglomerate business in Thailand. Vertically integrated business incorporating feed, farm and food businesses. Export to 40 countries in 5 continents. Cooked and processed food is marketed internationally under the CP and Authentic Asia brands.
Bellisio Foods Inc
Food manufacturer
Makers of easy meals including their flagship brand Michelina's. In Dec 2016 Thai food giant CP Foods acquired the company from a US private equity firm for US$1bn.

Contact Details

Address:
Bangkok, Thailand
Website:
www.cpgroupglobal.com/en

Products / Brands

Bellisio Foods
Authentic Asia Frozen Meals/Pizza
Michelina's Frozen Meals/Pizza