Great Wall Enterprise Co Ltd
1210:TT TW0001210003
Key Information
HQ:
Taiwan
Market Cap:
$1.5bn
Primary Market:
Asia
Company Information
Company Summary
Great Wall Enterprises Co engages food, restaurant and livestock businesses in China. It operates feed plants, chicken slaughter houses, poultry processing plants, breeding and hatchery farms, pig farms, and a lab farm for animal nutrition research and development.Revenue
Total revenue:
$3.6bn
Revenue by Geography
Revenue by Protein
Revenue by Product Type
Disclosures
CDP ScoresLast Reviewed: 11/10/2023
CDP Climate | CDP Forests | CDP Water |
---|---|---|
No | No | No |
Science Based Target initiativeLast Reviewed: 03/10/2023
Target classification | Status | Date |
---|---|---|
Has not set SBT | - | - |
Coller FAIRR Protein Producer Index
Analysis Overview
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
9/100
High Risk
Greenhouse Gas Emissions
12/100
Scope 1, 2 & 3 Target
5/100
Type of Target
The company does not have a science-based emission reduction target or is not in the progress of developing one.
0/3
Strength of Target - Non-SBT
The company states that it is committed to resource utilisation and energy efficiency improvements to reduce the impact of production on the environment. It discusses various energy-saving initiatives that it is undertaking. However, it does not disclose a quantitative target for energy saving or renewable energy. It sources corn and soy as raw materials, which is accounted for in Scope 3. However, it does not disclose whether it has set targets to reduce GHG emissions from Scope 3.
0.25/2
Innovation on GHG Emission Reduction
0/100
Innovation to Reduce Agriculture Emissions
The company does not discuss whether it is working with suppliers to reduce emissions from agriculture.
0/1
Feed Farming Innovation
The company does not engage in innovative projects to reduce or mitigate emissions from feed farming
0/2
Animal Farming Innovation
The company does not engage in innovative projects to reduce or mitigate emissions from animal farming
0/2
Quality of GHG Inventory
40/100
Quality and scope of GHG inventory Completeness
The company discloses that the total CO2 emission in 2021 is 45,360 tons. However, it does not mention the emission Scopes.
1/1.5
Feed & Animal Farming Emissions
The emissions figure includes emissions from pig farms and laying hen farms. However, it is not clear if Scope 3 emissions are included. The emissions figure includes emissions from feed mills. However, feed farming is not included, and it is unclear if Scope 3 emissions are included.
1/2
Transparency of GHG Inventory
The company does not disclose to CDP climate change questionnaire. The company does not disclose the data on GHG inventory is audited by a third party.
0/1.5
Emissions Performance
5/100
Overall Emission Performance
The company discloses that its total CO2 emission in 2021 was 45,360 tonnes, increasing from 39,968 in 2020. It states that this results from an increase in its operating Scope.
0.25/5
Climate-related Scenario Analysis
11/100
Climate-related Scenarios Analysis Conducted
The company briefly acknowledges the risk climate change poses to its business operations and production model. However, it has not carried out a formal climate-related scenario analysis.
0/1
Disclosure of Analysis Results on Material Risks
The company mentions that hurricanes, floods, droughts, and pests caused by the global greenhouse effect can affect agricultural yield imbalances. Taiwan's long-term dependence on US imports of soybeans and corn can increase the risk to supply timelines due to weather changes and affect the availability of bulk raw materials, so it has decided to source bulk raw materials from countries such as Brazil, Argentina, and India, respectively. It mentions that due to epidemics such as avian influenza or African swine fever caused by the hot weather, the company's feed factory conducts strict tests (QA, QI, QC) in the receipt of raw materials and the shipment of products, thereby avoiding the risk of cross-infection of farms due to the impact of the epidemic.
0.56/3
Disclosure of Financial Material Events & Alignment of CAPEX
The company has an environmental protection capital expenditure budget but does not state that all capital expenditures are aligned with its GHG targets or are linked to ecological metrics.
0/1
Deforestation & Biodiversity
0/100
Deforestation/Conversion-free Target - Soy for Animal Feed
0/100
Risk Assessment to Identify High-risk Locations
The company sources corn and soy as raw materials for feed. However, no further information is available in the Annual Report regarding soy and related deforestation risks.
0/0.5
Strength of Deforestation Commitment
The company does not disclose having a deforestation/conversion-free target for soy.
0/3.25
Transparency - Progress Against Commitment
The company does not report progress against its commitment. Nor did it responded to the CDP Forest Questionnaire in 2022.
0/1.25
Engagement, Monitoring & Traceability - Soy for Animal Feed
0/100
Supplier Engagement
The company does not disclose any information on how it engages soy suppliers on deforestation and does not provide support to soy producers to encourage deforestation free production or improve traceability.
0/1.25
Compliance monitoring & Traceability
The company does not disclose how compliance in monitored or what actions are taken if non-compliance occurs. Further, the company does no disclose the level of traceability it has of its soy supply chain.
0/3.25
Feed Innovation
The company does not discuss innovations and/or practices to move towards sustainable feed sources.
0/0.5
Aquaculture Certification (ASC, BAP, GlobalGAP, SSP)
0/100
Proportion of Farms Certified
The company does not disclose any information on farm certification.
0/5
Feed Ingredients & Conversion Ratios
0/100
Feed Disclosure
The company does not disclose any information related to feed ingredients and policy.
0/2
Performance of Feed Metrics
The company does not disclose that marine and soy ingredients are 100% certified or that it does not source these ingredients. It did not disclose a quantitative decrease in FCR by species, or a decrease in FFDRm/FFDRo. The company does not discloses the absolute volumes of fishmeal/fish oil sourced including a breakdown of sourcing from whole fish vs sourcing from by products. Further, it did not disclose the protein conversion efficiency with calculation methodology and workings.
0/3
Feed Innovation
0/100
Strategy
The company does not disclose its strategy for feed innovation.
0/2.75
Performance
The company does not dsiclose the percentage of R&D allocated to novel ingredients development. Further, it does not disclose a target related to feed innovation. It also does not disclose the average EPA and DHA content of salmon it produces.
0/2.25
Sea Lice Management - Salmon (Fish at Sea Only)
0/100
Sea Lice Disclosure & Management
The company does not disclose information about sea lice management.
0/2
Cleaner Fish
The company does not discuss non-medicinal/non-chemical approaches taken to prevent sea lice infestation. It does not disclose investment into cleaner fish husbandry or disclose the mortalities of cleaner fish used.
0/3
Ecosystem Impacts
0/100
Escapes
The company does not disclose any information on escapes.
0/3.25
Reducing Biodiversity Impacts
The company does not provide a discussion of work undertaken to reduce biodiversity impacts. It also provides no timebound target to eliminate human-wildlife conflict.
0/1.25
Algal Blooms
The company does not disclose a management plan in the event of algal blooms.
0/0.5
Water Use & Scarcity
1/100
Water Use & Scarcity in Facilities
4/100
Monitoring Water Consumption & Withdrawals
The company does not disclose whether it conducts risk assessments for its processing facilities. It discloses the total water consumption in 2021, however, these statistics do not include processing facilities. The company discloses high-level measures to reduce water consumption and improve efficiency in its processing facilities.
0.2/0.75
Target to Reduce Water Consumption & Withdrawals
The company has not set a time-bound water reduction target to reduce total water withdrawals at facilities in the reporting year.
0/1
Disclosure & Performance of Water Risks in Facilities
The company's water consumption increased in the last reporting period.
0/3.25
Water Use & Scarcity in Feed Farming
0/100
Supplier Engagement in Water Use in Feed Farming
The company states that the average water consumption per ton of feed is 0.06 tonnes. However, the company does not disclose information relating to water scarcity risks in feed farming.
0/2.5
Disclosure of Water Risks in Feed Farming
The company does not disclose feed water intensity, or the proportion of feed sourced from water stresses areas. Further, the company does not provide evidence that it is investing in sustainable feed production from a water use perspective.
0/2.5
Water Use & Scarcity in Animal Farming
0/100
Supplier Engagement in Water Use in Animal Farming
The company is in the business of livestock, piglets, fresh chicken and processed food. However, it does not disclose information relating to water scarcity risks in animal farming.
0/3
Disclosure of Water Risks in Animal Farming
The company has not established partnerships with third parties to input into sourcing/farming strategy, including water use.
0/2
Waste & Pollution
5/100
Wastewater at Facilities
15/100
Disclosure & Targets for Wastewater Quality & Volume Discharged
The company discloses detailed information on two fines for water pollution in 2021 and 2022.
0.5/1.5
Transparency on Water Pollution Risks
The company discloses the total volume of wastewater generated in the last reporting year. However, this statistic does not cover processing plants.
0.24/2
Performance on Wastewater Quality & Volume Discharged
The company disclosed an increase in the generation of wastewater in the last reporting year.
0/1.5
Nutrient Management in Feed Farming
0/100
Supplier Engagement in Nutrient Pollution Risks
The company does not disclose information relating to nutrient management in feed farming.
0/4
Innovation to Improve Nutrient Management in Feed Farming
The company does not invest in sustainable feed production to improve nutrient management or disclose information about pesticide use in its feed supply chain.
0/1
Manure Management in Animal Farming
5/100
Disclosure of Pollution Risks from Manure
The company discloses that it treats manure on its farms, effectively reducing odour, treatment processes and labour costs. The company also states that it implements treatment solutions at its pig farms relating to manure management.
0.25/1.25
Supplier Engagement in Manure Management
The company does not make site-specific nutrient management plans a part of its supplier's contractual agreement and/or own farms management. Nor does it provides technical and/or financial support to suppliers and/or own farms to develop nutrient management plans and improve manure storage.
0/1.5
Innovation to Improve Nutrient Management in Animal Farming
The company does not integrate nutrient management performance into incentive schemes for farmers. It does not discuss innovation in manure or provide evidence of a community engagement plan in relation to pollution.
0/2.25
Nutrient Management in Aquaculture
0/100
Disclosure of Pollution Risks in Animal Farming Operations
The company does not disclose undertaking risk assessments to identify high-risk locations. It does not disclose metrics or methods to measure organic and inorganic loading, or disclose the percentage and location of sites that exceed carrying capacity of local environment by operating country. The company also does not disclose measures of nitrogen or phosphorous and does not disclose a stragey to eliminate faecal matter and uneaten feed deposited to the seabed. Further, the company does not state that it it did not discharge of sludge to public waterways in the reporting year.
0/4.5
Performance on Pollution Management
The company does not disclose the treatment or metrics of effluent pond water. It does not disclose a neutral impact on water, or provide evidence of a community engagement plan.
0/0.5
Antibiotics
0/100
Policy on Antibiotics Use
0/100
Policy on Antibiotics Use
The company commits to researching probiotics and biosecurity measures to potentially reduce disease incidence and the necessity for antibiotics. However, it has not clarified if these practices have been implemented yet.
0/5
Disclosure of Quantity of Antibiotics Used
0/100
Disclosure of Quantity of Antibiotics Used
The company does not disclose the quantity of antibiotics used.
0/5
Animal Welfare
0/100
Animal Welfare Policy
0/100
Welfare Policy
The company does not provide a statement in support of Five Freedoms, or a similar statement on the importance of animal welfare to the company.
0/2
Key Welfare Issues
The company does not state a commitment to engaging and training employees on animal welfare issues.
0/3
Assurance & Certification
0/100
Auditing & Assurance by an Animal Welfare Organisation
The company does not disclose the presence of third-party auditing, monitoring, or assurance for animal welfare.
0/4
Public Reporting on Welfare
The company does not disclose information in relation to animal welfare certifications or assurance programs for its beef operations.
0/1
Performance on Key Material Risks
0/100
Performance on Key Material Welfare Risks by Protein
The company provides no disclosure on prohibiting gestation crates, routine tail docking, or surgical castration for pork.
0/5
Aquatic Animal Welfare
0/100
Welfare Policy
The company does not disclose any information related to aquatic animal welfare.
0/2.5
Reporting on Animal Welfare Metrics
The company does not disclose sufficient information to ascertain if it assures a stocking density of lower than 17kg/m3 for salmon at all times.
0/2
Reporting on Measures to Improve Welfare
The company does not disclose information in relation to the eye-stalk ablation of shrimps.
0/0.5
Disease Management - All Fish
0/100
Mortality Rates
The company does not disclose mortality, disease incidence, management or prevention information.
0/3.5
Disease Outbreak
The company does not disclose the incident-based mortality.
0/1.5
Working Conditions
28/100
Human Rights
20/100
Strength of Policy
The company commits in writing to protect all employees', customers' and stakeholders' basic human rights per international human rights conventions such as the United Nations Universal Declaration of Human Rights.
1/1
Due Diligence Process
The company does not discuss how it monitors, assesses and mitigates actual and potential human rights risks in its own operations or supply chain.
0/3
Evidence of Remediation
The company does not disclose whether it has identified any human rights risks in its operations through human rights due diligence
0/1
Fair Working Conditions
15/100
Policy for Direct Operations
The company commits in writing to prohibit child labour, forced labour and discrimination. The company conducts audits in its direct operations and states that compliance with labour regulations and laws is included. However, the company needs to detail which policies are covered. Moreover, the company does not state that it promotes fair wages or prohibits abuse and inhumane treatment. The company does not state whether suppliers must prohibit child and forced labour, abuse or discrimination or promote fair wages.
0.73/3
Monitoring & Discosure
The company states that it has set up a dedicated telephone line, a dedicated fax, and an email address for complaints. However, further details of the mechanisms in place, whether these complaint lines are anonymous and whether they were designed in consultation with stakeholders are not provided.
0/2
Safety & Turnover Data
59/100
Committee representation of workers
The company mentions that it is responsible for maintaining employees' health and safety and aims to achieve zero injuries, diseases, and incidents. However, it does not say an occupational health and safety certification. The company has an occupational safety and health committee, including a people representative, but does not explicitly state the % of facilities or sites with their committee with worker representatives.
0.45/2
Disclosure of safety and turnover data
The company reports that in 2021, its disabling injury frequency rate was 2.48, improving from 3.60 in 2020. There were zero fatal occupational incidents in 2021. in comparison, the company reported 18 fatalities in 2020, with two from its feed business, nine from its meat business, and seven from its livestock business.
2.5/3
Freedom of Association
20/100
Strength of Policies
The company operates in China, where freedom of association is not permitted. That said, the company does not disclose alternative measures to support worker's rights or whether it requires suppliers to uphold their employees' rights to freedom of association and collective bargaining where applicable.
1/3
Disclosure of Collective Bargaining Metrics
The company does not disclose the distribution of its workforce according to contract type, state the number of employees covered by collective bargaining agreements or provide a statement supporting its employees' right to bargain collectively.
0/2
Food Safety
23/100
Food Safety System
25/100
Certifications
The company mentions that all of its factories have passed international and Taiwan quality and safety certifications, including, but not limited to, EU HACCP and ISO 22000. The three meat factories and one processing factory are all "CAS excellent", with ISO 9001, ISO 22000 quality assurance system and food safety management system certifications. However, these are not GFSI-recognised standards. Further, it does not disclose whether suppliers are expected to be GFSI-certified
0.5/3.5
Performance
The company discloses audit frequency for suppliers, which includes food safety compliance. It discloses its audit policy for internal operations but does not disclose the frequency or number of audits. Nodingr ,does it disclose the corrective action rate. However, it mentions that it handles customer complaints, iincluding a free phone line for immediate communication. In addition, consumers can input the production and marketing record safety code label on the company's meat product packaging to the website to get the production and marketing traceability information.
0.75/1.5
Product Recalls & Market Bans
20/100
Product Recall Systems
The company does not acknowledge food safety as a material business issue, nor does it disclose that a product recall system is in place. It does not report any data on product recall incidents in the reporting year. Further, it does not provide information on preventative or corrective actions.
0/3
Performance
The company does not disclose product recalls or market bans information, nor were there any recall incidents or bans detected in media screening in the reporting period.
1/2
Sustainability Governance
15/100
Assessment of a Company's Sustainability Governance
15/100
Board Sustainability
The company identifies 22 primary issues related to sustainability and assesses their importance on a case-by-case basis. However, the company needs to mention board involvement in the assessment or whether the board is formally mandated to oversee sustainability/ESG issues. Furthermore, no board-level expertise in sustainability, food safety or innovation is discussed.
0.5/2
Incentives & Policy Engagement
The company has not disclosed executive monetary remunerations linked with climate or sustainability performance. Nor has it announced engaging with civil or trade associations on ESG issues, a comprehensive list of trade association memberships, or it aligned any policy-engagement activities with restricting global temperature rise to 1.5C.
0/2.5
Innovation & Benchmarking
The company discusses investing in research and development to continuously improve animal nutrition, animal health products, vaccines, waste resource reuse technology, waste reduction and resistance reduction products and technology and cooperate with the company's vertically integrated business development. However, the company does not disclose how it benchmarks itself against peers in sustainability and innovation.
0.25/0.5
Alternative Proteins
45/100
Diversification of Products to Alternative Protein Sources
45/100
Existing product portfolio
The Group aims to increase vertical integration in agricultural and animal food products. Therefore, it is taking additional efforts to expand into fields such as plant-based meat. This increasing diversity means that R&D efforts must be adjusted at the group level to accommodate future opportunities and market demand. It also acknowledges that the need for plant-based foods in Asia will grow rapidly over the next five years as the vegetarian diet increases in popularity with rising environmental awareness. However, it does not disclose a timebound target to diversify protein sources or report sales/revenue linked to alternative protein sources.
0.25/2.5
Investing for future growth
The company has a dedicated alternative plant-based meat line, "NEOPLANT". This subsidiary owns an independent R&D team with various products across plant-based protein categories. Further, it has acquired land to expand the production of plant-based meat. It has also established a food development centre to oversee the R&D of new machinery, development, production, and marketing of plant-based meats. The company plans to invest in improving and expanding its plant-based offering in the coming year. It has committed significant R&D resources for additional production lines.
2/2.5
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Workstream Information
2023 Risk Score:
9/100
Level:
High Risk
Ranking:
56/60
Main Protein:
Poultry and eggs
Assessed Proteins:
Poultry and eggs, Pork, Aquaculture
Company Feedback Given:
No
Last Updated:
31 October 2023
2023 Resources
2023/24 Index Report Summary (Mandarin) 报告总结摘要(中文) Launch of the Coller FAIRR Protein Producer Index 2023/24 2023/24 Company Dialogue Questions 2023/24 Full Report Coller FAIRR Protein Producer Index