LDC SA

LOUP:FP FR0013204336
Key Information
HQ:
France
Market Cap:
$2.14bn
Primary Market:
Europe & Russia



Company Information

Company Summary

LDC is a France-based holding company engaged in food processing. The group provides poultry products, as well as a range of delicatessen food. Its poultry division is engaged in poultry breeding, pig and cattle farming and egg production.
LDC

Revenue

Total revenue:

$5.9bn

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

36/100
Medium Risk



Greenhouse Gas Emissions

11/100

Scope 1, 2 & 3 Target
10/100
Type of Target
0/3
Strength of Target - Non-SBT
0.5/2
Source(s): Annual Report 2022-2023, page 39; Annual Report 2022-2023 English, page 41; Webpage - Respecting the Nature

Innovation on GHG Emission Reduction
20/100
Innovation to Reduce Agriculture Emissions
1/1
Feed Farming Innovation
0/2
Animal Farming Innovation
0/2
Source(s): Annual Report 2022-2023, page 21; Annual Report 2022-2023 English, page 39; Webpage - Respecting the Nature

Quality of GHG Inventory
20/100
Quality and scope of GHG inventory Completeness
1/1.5
Feed & Animal Farming Emissions
0/2
Transparency of GHG Inventory
0/1.5
Source(s): Annual Report 2022-2023 English, page 40

Emissions Performance
5/100
Overall Emission Performance
0.25/5
Source(s): Annual Report 2021 - 22, page 42; Annual Report 2022-2023 English, page 40

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): Annual Report 2022-2023, page 76; Annual Report 2022-2023 English



Deforestation & Biodiversity

63/100

Deforestation/Conversion-free Target - Soy for Animal Feed
65/100
Risk Assessment to Identify High-risk Locations
0/0.5
Strength of Deforestation Commitment
2/2
Regional & Operational Coverage of Commitment
1.25/1.25
Transparency - Progress Against Commitment
0/1.25
Source(s): Annual Report 2022-2023 English, page 12, 21, 22, 128; Confidential Project 2021 English; Groupe LDC press release 2021.pdf, page 1, 2; Our Upstream France division Webpage; Sustainable Farming Webpage; Sustainable Poultry Feed Policy 2022 English, page 2, 4

Engagement, Monitoring & Traceability - Soy for Animal Feed
60/100
Supplier Engagement
0.25/1.25
Compliance monitoring & Traceability
2.25/3.25
Feed Innovation
0.5/0.5
Source(s): Annual Report 2022-2023 English, page 21, 22, 38, 39; Confidential Project 2021 English; Zero deforestation soya Webpage



Water Use & Scarcity

17/100

Water Use & Scarcity in Facilities
40/100
Monitoring Water Consumption & Withdrawals
0.25/0.75
Target to Reduce Water Consumption & Withdrawals
0.5/1
Disclosure & Performance of Water Risks in Facilities
1.25/3.25
Source(s): Annual Report 2022-2023 English, page 36, 37, 40, 41, 61, 62, 63

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 2022-2023 English, page 21

Water Use & Scarcity in Animal Farming
10/100
Supplier Engagement in Water Use in Animal Farming
0.5/3
Disclosure of Water Risks in Animal Farming
0/2
Source(s): Respecting the Nature Webpage



Waste & Pollution

17/100

Wastewater at Facilities
33/100
Disclosure & Targets for Wastewater Quality & Volume Discharged
0/1.5
Transparency on Water Pollution Risks
1.25/2
Performance on Wastewater Quality & Volume Discharged
0.4/1.5
Source(s): Annual Report 2022-2023 English, page 37, 41, 56, 61, 62, 63, 73

Nutrient Management in Feed Farming
10/100
Supplier Engagement in Nutrient Pollution Risks
0.5/4
Innovation to Improve Nutrient Management in Feed Farming
0/1
Source(s): Annual Report 2022-2023 English, page 34, 38

Manure Management in Animal Farming
7/100
Disclosure of Pollution Risks from Manure
0.35/1.25
Supplier Engagement in Manure Management
0/1.5
Innovation to Improve Nutrient Management in Animal Farming
0/2.25
Source(s): Webpage - Respecting the Nature



Antibiotics

40/100

Policy on Antibiotics Use
80/100
Policy on Antibiotics Use
4/5
Source(s): Policy for improving the welfare and health of farm animals 2022 English.pdf, page 3, 4, 5, 8; Raising Sustainably Webpage; Sustainable Farming Webpage; Welfare, Health and Respect for Farm Animals Improvment Policy 2022, page 3, 5, 6

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



Animal Welfare

82/100

Animal Welfare Policy
80/100
Welfare Policy
1.5/2
Key Welfare Issues
2.5/3
Source(s): Annual Report 2022-2023 English, page 20; Policy for improving the welfare and health of farm animals 2022 English.pdf, page 3, 4, 5, 11; Welfare, Health and Respect for Farm Animals Improvment Policy 2022, page 2, 3, 8, 9, 10, 11

Assurance & Certification
79/100
Auditing & Assurance by an Animal Welfare Organisation
3.71/4
Public Reporting on Welfare
0.25/1
Source(s): Annual Report 2022-2023 English, page 20; Welfare, Health and Respect for Farm Animals Improvment Policy 2022, page 11

Performance on Key Material Risks
88/100
Performance on Key Material Welfare Risks by Protein
4.4/5
Source(s): Annual Report 2022-2023 English, page 20; Welfare, Health and Respect for Farm Animals Improvment Policy 2022, page 3, 4, 9, 11



Working Conditions

36/100

Human Rights
30/100
Strength of Policy
1/1
Due Diligence Process
0.5/3
Evidence of Remediation
0/1
Source(s): A Committed Group of Companies Webpage; Annual Report 2022-2023, page 55; Annual Report 2022-2023 English, page 32; Ethical Declaration 2021, page 1

Fair Working Conditions
33/100
Policy for Direct Operations
1.4/3
Monitoring & Discosure
0.25/2
Source(s): Annual Report 2022-2023 English, page 26, 54; Ethical Declaration 2021, page 1, 3; Whistleblowing System 2021, page 3

Safety & Turnover Data
35/100
Committee representation of workers
0.5/2
Disclosure of safety and turnover data
1.25/3
Source(s): Annual Report 2021 English, page 23; Annual Report 2022-2023 English, page 2, 23, 24; Ethical Declaration 2021, page 3

Freedom of Association
45/100
Strength of Policies
1.5/3
Disclosure of Collective Bargaining Metrics
0.75/2
Source(s): Annual Report 2022-2023 English, page 27, 29, 32; Ethical Declaration 2021, page 1, 3, 8



Food Safety

29/100

Food Safety System
35/100
Certifications
1.75/3.5
Performance
0/1.5
Source(s): Annual Report 2022-2023 English, page 23, 45, 46, 72; Providing Healthy Food Webpage

Product Recalls & Market Bans
23/100
Product Recall Systems
0.13/3
Performance
1/2
Source(s): Annual Report 2022-2023 English, page 72



Sustainability Governance

29/100

Assessment of a Company's Sustainability Governance
29/100
Board Sustainability
0.75/2
Incentives & Policy Engagement
0.45/2.5
Innovation & Benchmarking
0.25/0.5
Source(s): Annual Report 2022-2023 English, page 16, 17, 18, 19, 21, 22, 55, 97, 98, 100



Alternative Proteins

35/100

Diversification of Products to Alternative Protein Sources
35/100
Existing product portfolio
0.25/2.5
Investing for future growth
1.5/2.5
Source(s): Discover all our Brands Webpages; Le Gaulois Webpage; Welfare, Health and Respect for Farm Animals Improvment Policy 2022, page 9

Members-only supplement

If you would like to view the Analysis Breakdown, sign up to become an investor member or log in to the FAIRR network.