Member AUM
$70 trillion

COFCO Joycome Foods Ltd

1610:HK KYG226921008
Key Information
HQ:
China
Market Cap:
$1.19bn
Primary Market:
Asia



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

14/100
High Risk



Greenhouse Gas Emissions

9/100

Scope 1, 2 & 3 Target
5/100
Type of Target
0/3
Strength of Target - Non-SBT
0.25/2
Source(s): COFCO Joycome 2022 Annual Report EN.pdf, page 21; COFCO Joycome 2022 ESG Report EN.pdf, page 19, 20, 22, 23; COFCO Joycome Foods Ltd Annual Report 2022 English.pdf, page 11; COFCO Joycome Foods Ltd Sustainability Report 2022 English.pdf, page 10

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): COFCO Joycome 2022 ESG Report EN.pdf, page 9, 10

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): CDP Website; COFCO Joycome 2022 ESG Report EN.pdf, page 20; COFCO Joycome Foods Ltd Sustainability Report 2022 English.pdf, page 22

Emissions Performance
5/100
Overall Emission Performance
0.25/5
Source(s): Annual Report 2021, page 67; COFCO Joycome 2022 ESG Report EN.pdf, page 19, 22

Climate-related Scenario Analysis
10/100
Climate-related Scenarios Analysis Conducted
0/1
Disclosure of Analysis Results on Material Risks
0.5/3
Disclosure of Financial Material Events & Alignment of CAPEX
0/1
Source(s): Annual Report 2022, page 23; COFCO Joycome 2022 Annual Report EN.pdf, page 20, 21



Deforestation & Biodiversity

5/100

Deforestation/Conversion-free Target - Soy for Animal Feed
5/100
Risk Assessment to Identify High-risk Locations
0.25/0.5
Strength of Deforestation Commitment
0/3.25
Transparency - Progress Against Commitment
0/1.25
Source(s): Annual Report 2022, page 11, 21, 52; CDP Website; COFCO International Sustainability Report 2021, page 17; COFCO Joycome 2022 Annual Report EN.pdf, page 52; News Webpage

Engagement, Monitoring & Traceability - Soy for Animal Feed
5/100
Supplier Engagement
0/1.25
Compliance monitoring & Traceability
0/3.25
Feed Innovation
0.25/0.5
Source(s): COFCO Joycome 2022 Annual Report EN.pdf, page 21; COFCO Joycome 2022 ESG Report EN.pdf, page 11, 18; COFCO Joycome Foods Ltd Sustainability Report 2022 English.pdf, page 11



Water Use & Scarcity

8/100

Water Use & Scarcity in Facilities
20/100
Monitoring Water Consumption & Withdrawals
0.25/0.75
Target to Reduce Water Consumption & Withdrawals
0.5/1
Disclosure & Performance of Water Risks in Facilities
0.25/3.25
Source(s): CDP Website; COFCO International Water Conserve Webpage; COFCO Joycome 2022 ESG Report EN.pdf, page 1, 21

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):

Water Use & Scarcity in Animal Farming
5/100
Supplier Engagement in Water Use in Animal Farming
0.25/3
Disclosure of Water Risks in Animal Farming
0/2
Source(s): COFCO Joycome 2022 Annual Report EN.pdf, page 11; COFCO Joycome 2022 ESG Report EN.pdf, page 21



Waste & Pollution

8/100

Wastewater at Facilities
10/100
Disclosure & Targets for Wastewater Quality & Volume Discharged
0/1.5
Transparency on Water Pollution Risks
0.5/2
Performance on Wastewater Quality & Volume Discharged
0/1.5
Source(s): Annual Report 2021, page 67; CDP Website; COFCO Joycome 2022 ESG Report EN.pdf, page 13, 14, 16, 17, 19, 22; COFCO Joycome Foods Ltd Sustainability Report 2022 English.pdf, page 19; Social and Governance Report, Environment 2022, page 14

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): COFCO Joycome 2022 ESG Report EN.pdf, page 8, 17

Manure Management in Animal Farming
14/100
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
0.18/2.25
Source(s): COFCO Joycome 2022 ESG Report EN.pdf, page 13, 14, 17, 21, 23



Antibiotics

5/100

Policy on Antibiotics Use
10/100
Policy on Antibiotics Use
0.5/5
Source(s): COFCO Joycome 2022 ESG Report EN.pdf, page 8; Consumer Safety Webpage; Strict controls on products safety for better protection of consumers

Disclosure of Quantity of Antibiotics Used
0/100
Disclosure of Quantity of Antibiotics Used
0/5
Source(s):



Animal Welfare

19/100

Animal Welfare Policy
34/100
Welfare Policy
0.5/2
Key Welfare Issues
1.2/3
Source(s): COFCO Joycome 2022 ESG Report EN.pdf, page 9, 10, 11; COFCO Joycome Foods Ltd Sustainability Report 2022 English.pdf, page 10

Assurance & Certification
24/100
Auditing & Assurance by an Animal Welfare Organisation
1.22/4
Public Reporting on Welfare
0/1
Source(s): COFCO Joycome 2022 ESG Report EN.pdf, page 7

Performance on Key Material Risks
0/100
Performance on Key Material Welfare Risks by Protein
0/5
Source(s):



Working Conditions

29/100

Human Rights
10/100
Strength of Policy
0.5/1
Due Diligence Process
0/3
Evidence of Remediation
0/1
Source(s): COFCO Joycome 2022 ESG Report EN.pdf, page 26

Fair Working Conditions
42/100
Policy for Direct Operations
1.1/3
Monitoring & Discosure
1/2
Source(s): Annual Report 2022, page 20; COFCO Joycome 2022 Annual Report EN.pdf, page 40; COFCO Joycome 2022 ESG Report EN.pdf, page 26; COFCO Joycome Foods Ltd Sustainability Report 2022 English.pdf, page 8; supplier-code-of-conduct.pdf

Safety & Turnover Data
45/100
Committee representation of workers
0.25/2
Disclosure of safety and turnover data
2/3
Source(s): Annual Report 2021, page 55, 74; COFCO Joycome 2022 ESG Report EN.pdf, page 1, 25, 26; COFCO Joycome Foods Ltd Sustainability Report 2022 English.pdf, page 1, 26, 27

Freedom of Association
20/100
Strength of Policies
1/3
Disclosure of Collective Bargaining Metrics
0/2
Source(s): COFCO Joycome 2022 ESG Report EN.pdf, page 27



Food Safety

25/100

Food Safety System
20/100
Certifications
0.5/3.5
Performance
0.5/1.5
Source(s): COFCO Joycome 2022 ESG Report EN.pdf, page 7, 8, 11; COFCO Joycome Foods Ltd Sustainability Report 2022 English.pdf, page 8

Product Recalls & Market Bans
30/100
Product Recall Systems
1/3
Performance
0.5/2
Source(s): COFCO Joycome 2022 Annual Report EN.pdf, page 22; COFCO Joycome 2022 ESG Report EN.pdf, page 11



Sustainability Governance

20/100

Assessment of a Company's Sustainability Governance
20/100
Board Sustainability
0.75/2
Incentives & Policy Engagement
0/2.5
Innovation & Benchmarking
0.25/0.5
Source(s): COFCO Joycome 2022 ESG Report EN.pdf, page 2, 5, 22; COFCO Joycome Foods Ltd Sustainability Report 2022 English.pdf, page 10, 20, 22



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):

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