Astral Foods Ltd

ARL:SJ US0231351067
Key Information
HQ:
South Africa
Market Cap:
$0.4bn
Primary Market:
Africa



Company Information

Company Summary

Astral is a leading South African integrated poultry producer. It has operations based in Gauteng (Festive brand), Mpumalanga (Goldi brand), Kwazulu-Natal (Mountain Valley brand) and the Western Cape (County Fair brand). It is a leading low-cost producer of feed pre-mixes, complete feed, hatching eggs, day-old chicks, broiler and distributor and producers of a variety of fresh, frozen and value added chicken products in Southern Africa. It has approximately four fully integrated broiler production, processing, distribution, sales and marketing operations with a combined processing capacity of approximately 6,200,000 processed broilers per week.
Astral Foods Ltd

Revenue

Total revenue:

$1.1bn

Revenue by Geography

Revenue by Protein

Revenue by Product Type

Note: This financial breakdown is based on Annual reports released in 2022, containing, in most cases, FY2021.


Disclosures

CDP ScoresLast Reviewed: 11/10/2023

CDP ClimateCDP ForestsCDP Water
NoNoNo

Science Based Target InitiativeLast Reviewed: 03/10/2023

Target classificationStatusDate
Has not set SBT--

Coller FAIRR Protein Producer Index

Analysis Overview

Index-Radar-2023
Greenhouse Gas Emissions Deforestation & Biodiversity Water Use & Scarcity Waste & Pollution Antibiotics Animal Welfare Working Conditions Food Safety Sustainability Governance Alternative Proteins

Analysis Breakdown

Risk Score

15/100
High Risk



Greenhouse Gas Emissions

12/100

Scope 1, 2 & 3 Target
5/100
Type of Target
0/3
Strength of Target - Non-SBT
0.25/2
Source(s): Integrated Report 2022, page 6, 55, 65, 105, 107

Innovation on GHG Emission Reduction
0/100
Innovation to Reduce Agriculture Emissions
0/1
Feed Farming Innovation
0/2
Animal Farming Innovation
0/2
Source(s):

Quality of GHG Inventory
25/100
Quality and scope of GHG inventory Completeness
1.25/1.5
Feed & Animal Farming Emissions
0/2
Transparency of GHG Inventory
0/1.5
Source(s): Astral_ESGSummaryReport2022.pdf, page 3; Integrated Report 2022, page 3, 104

Emissions Performance
5/100
Overall Emission Performance
0.25/5
Source(s): Integrated Report 2022, page 3, 104

Climate-related Scenario Analysis
25/100
Climate-related Scenarios Analysis Conducted
0/1
Disclosure of Analysis Results on Material Risks
1.25/3
Disclosure of Financial Material Events & Alignment of CAPEX
0/1
Source(s): Integrated Report 2022, page 3, 19, 28, 34, 35, 51, 52, 106, 107, 110, 148



Deforestation & Biodiversity

0/100

Deforestation/Conversion-free Target - Soy for Animal Feed
0/100
Risk Assessment to Identify High-risk Locations
0/0.5
Strength of Deforestation Commitment
0/3.25
Transparency - Progress Against Commitment
0/1.25
Source(s): Integrated Report 2022, page 19, 51, 52, 56, 148

Engagement, Monitoring & Traceability - Soy for Animal Feed
0/100
Supplier Engagement
0/1.25
Compliance monitoring & Traceability
0/3.25
Feed Innovation
0/0.5
Source(s): Integrated Report 2022, page 19, 51, 52, 56, 148



Water Use & Scarcity

7/100

Water Use & Scarcity in Facilities
20/100
Monitoring Water Consumption & Withdrawals
0.25/0.75
Target to Reduce Water Consumption & Withdrawals
0/1
Disclosure & Performance of Water Risks in Facilities
0.75/3.25
Source(s): Integrated Report 2022, page 3, 18, 19, 24, 34, 42, 65, 105, 106, 113

Water Use & Scarcity in Feed Farming
0/100
Supplier Engagement in Water Use in Feed Farming
0/2.5
Disclosure of Water Risks in Feed Farming
0/2.5
Source(s): Integrated Report 2022, page 2, 6, 135, 148

Water Use & Scarcity in Animal Farming
0/100
Supplier Engagement in Water Use in Animal Farming
0/3
Disclosure of Water Risks in Animal Farming
0/2
Source(s): Integrated Report 2022, page 34, 106



Waste & Pollution

10/100

Wastewater at Facilities
14/100
Disclosure & Targets for Wastewater Quality & Volume Discharged
0/1.5
Transparency on Water Pollution Risks
0.25/2
Performance on Wastewater Quality & Volume Discharged
0.45/1.5
Source(s): Integrated Report 2022, page 3, 105, 107, 108

Nutrient Management in Feed Farming
0/100
Supplier Engagement in Nutrient Pollution Risks
0/4
Innovation to Improve Nutrient Management in Feed Farming
0/1
Source(s): Integrated Report 2022, page 2, 91, 148

Manure Management in Animal Farming
15/100
Disclosure of Pollution Risks from Manure
0.5/1.25
Supplier Engagement in Manure Management
0/1.5
Innovation to Improve Nutrient Management in Animal Farming
0.23/2.25
Source(s): Integrated Report 2022, page 107, 108



Antibiotics

3/100

Policy on Antibiotics Use
5/100
Policy on Antibiotics Use
0.25/5
Source(s): Integrated Report 2022, page 54

Disclosure of Quantity of Antibiotics Used
0/100
Disclosure of Quantity of Antibiotics Used
0/5
Source(s): Integrated Report 2022, page 54



Animal Welfare

11/100

Animal Welfare Policy
33/100
Welfare Policy
0.25/2
Key Welfare Issues
1.4/3
Source(s): Integrated Report 2022, page 3, 54

Assurance & Certification
0/100
Auditing & Assurance by an Animal Welfare Organisation
0/4
Public Reporting on Welfare
0/1
Source(s): Integrated Report 2022, page 31

Performance on Key Material Risks
0/100
Performance on Key Material Welfare Risks by Protein
0/5
Source(s): Integrated Report 2022, page 54



Working Conditions

41/100

Human Rights
20/100
Strength of Policy
1/1
Due Diligence Process
0/3
Evidence of Remediation
0/1
Source(s): 2021 12 02 Social and Ethics Committee Mandate and Terms of Reference.pdf, page 3, 4; Integrated Report 2022, page 63, 72, 80

Fair Working Conditions
27/100
Policy for Direct Operations
0.6/3
Monitoring & Discosure
0.75/2
Source(s): Code Of Ethics Webpage; Code of Ethics; Integrated Report 2022, page 63, 73, 74, 80; Social and Ethics Committee Mandate and Terms of Reference 2021, page 6

Safety & Turnover Data
55/100
Committee representation of workers
0.25/2
Disclosure of safety and turnover data
2.5/3
Source(s): Integrated Report 2022, page 3, 79, 80

Freedom of Association
60/100
Strength of Policies
1.5/3
Disclosure of Collective Bargaining Metrics
1.5/2
Source(s): Integrated Report 2022, page 3, 31, 72, 76, 77, 79



Food Safety

35/100

Food Safety System
40/100
Certifications
2/3.5
Performance
0/1.5
Source(s): Code Of Ethics Webpage; Integrated Report 2022, page 36

Product Recalls & Market Bans
30/100
Product Recall Systems
0.5/3
Performance
1/2
Source(s): Integrated Report 2022, page 36



Sustainability Governance

18/100

Assessment of a Company's Sustainability Governance
18/100
Board Sustainability
0.88/2
Incentives & Policy Engagement
0/2.5
Innovation & Benchmarking
0/0.5
Source(s): Astral Foods Executive Committee Webpage; Integrated Report 2022, page 3, 4, 28, 31, 50, 62, 67, 81, 83



Alternative Proteins

0/100

Diversification of Products to Alternative Protein Sources
0/100
Existing product portfolio
0/2.5
Investing for future growth
0/2.5
Source(s):

Members-only supplement

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