Industrias Bachoco SAB de CV

BACHOCOB:MM MX01BA1D0003
Key Information
HQ:
Mexico
Market Cap:
$2.71bn
Primary Markets:
North America, LATAM



Company Information

Company Summary

Bachoco is a vertically integrated company with operations in Mexico and the US, with its headquarters located in Celaya, Guanajuato, Mexico. Bachoco operates through two segments: poultry and others. The poultry segment consists of chicken and egg operations. The others segment includes the operations of pigs, balanced feed for animal consumption and other by-products.
Industrias Bachoco

Revenue

Total revenue:

$4.0bn

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
YesNoNo

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

18/100
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): Annual Report 2022, page 3, 5, 7, 8; Sustainability Report 2022, page 40, 54

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
35/100
Quality and scope of GHG inventory Completeness
1.25/1.5
Feed & Animal Farming Emissions
0/2
Transparency of GHG Inventory
0.5/1.5
Source(s): Annual Report 2022, page 3; CDP Webpage; Sustainability Report 2022, page 40, 45

Emissions Performance
5/100
Overall Emission Performance
0.25/5
Source(s): Sustainability Report 2022, page 40, 45

Climate-related Scenario Analysis
0/100
Climate-related Scenarios Analysis Conducted
0/1
Disclosure of Analysis Results on Material Risks
0/3
Disclosure of Financial Material Events & Alignment of CAPEX
0/1
Source(s):



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): Annual Report 2022, page 3, 7, 8

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): Annual Report 2022, page 3, 7, 8



Water Use & Scarcity

0/100

Water Use & Scarcity in Facilities
0/100
Monitoring Water Consumption & Withdrawals
0/0.75
Target to Reduce Water Consumption & Withdrawals
0/1
Disclosure & Performance of Water Risks in Facilities
0/3.25
Source(s): Sustainability Report 2022, page 14

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): Annual Report 2022, page 3

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): Code of Ethics, page 6



Waste & Pollution

0/100

Wastewater at Facilities
0/100
Disclosure & Targets for Wastewater Quality & Volume Discharged
0/1.5
Transparency on Water Pollution Risks
0/2
Performance on Wastewater Quality & Volume Discharged
0/1.5
Source(s): Sustainability Report 2020, page 42; Sustainability Report 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): Annual Report 2022, page 3; Code of Ethics

Manure Management in Animal Farming
0/100
Disclosure of Pollution Risks from Manure
0/1.25
Supplier Engagement in Manure Management
0/1.5
Innovation to Improve Nutrient Management in Animal Farming
0/2.25
Source(s): Sustainability Report 2022, page 14



Antibiotics

10/100

Policy on Antibiotics Use
20/100
Policy on Antibiotics Use
1/5
Source(s): Care of chickens - Additional Evidence Webpage; Factors that favor the growth of our chickens Webpage

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



Animal Welfare

16/100

Animal Welfare Policy
37/100
Welfare Policy
1.25/2
Key Welfare Issues
0.6/3
Source(s): Care of chickens - Additional Evidence Webpage; Code of Conduct & Ethics 2023, page 9, 17; Sustainability Report 2022, page 36, 37

Assurance & Certification
10/100
Auditing & Assurance by an Animal Welfare Organisation
0.5/4
Public Reporting on Welfare
0/1
Source(s): Sustainability Report 2020, page 37; Sustainability Report 2022, page 37

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



Working Conditions

38/100

Human Rights
10/100
Strength of Policy
0.5/1
Due Diligence Process
0/3
Evidence of Remediation
0/1
Source(s): Code of Conduct & Ethics 2023, page 10

Fair Working Conditions
46/100
Policy for Direct Operations
1.3/3
Monitoring & Discosure
1/2
Source(s): Code of Conduct & Ethics 2023, page 9, 10, 16; Sustainability Report 2022, page 22, 23, 53

Safety & Turnover Data
40/100
Committee representation of workers
0.5/2
Disclosure of safety and turnover data
1.5/3
Source(s): Sustainability Report 2022, page 4, 28, 33

Freedom of Association
54/100
Strength of Policies
1.45/3
Disclosure of Collective Bargaining Metrics
1.25/2
Source(s): Sustainability Report 2022, page 28, 45, 49, 53



Food Safety

65/100

Food Safety System
50/100
Certifications
2.25/3.5
Performance
0.25/1.5
Source(s): Certifications and recognitions Webpage; SQF Certificate Webpage; Sustainability Report 2022, page 18, 20

Product Recalls & Market Bans
80/100
Product Recall Systems
2/3
Performance
2/2
Source(s): Sustainability Report 2022, page 50, 51



Sustainability Governance

25/100

Assessment of a Company's Sustainability Governance
25/100
Board Sustainability
0.75/2
Incentives & Policy Engagement
0.25/2.5
Innovation & Benchmarking
0.25/0.5
Source(s): Annual Report 2022, page 17; ESG ranking news; Sustainability Report 2022, page 7, 9, 11, 17, 21, 44, 46, 49



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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