MHP SE

MHPC:LI US55302T2042
Key Information
HQ:
Ukraine
Market Cap:
$0.4bn
Primary Markets:
MENA, Africa, Asia, Europe & Russia



Company Information

Company Summary

MHP SE is a vertically integrated company that has a market share of around 55% of the Ukrainian poultry market. Chicken meat is one of the main ingredients in its processed meat products - accounting for over 50% of its composition, the rest being beef or pork. The company also produces and sells feed grains for its own operations as well as to third parties. Its operations include four chicken and two breeder farms, over two sunflower oil plants and a soya crushing plant, and over four feed mills and food facilities.
MHP SE

Revenue

Total revenue:

$2.4bn

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

31/100
Medium Risk



Greenhouse Gas Emissions

28/100

Scope 1, 2 & 3 Target
15/100
Type of Target
0/3
Strength of Target - Non-SBT
0.75/2
Source(s): Annual Report 2022, page 14, 28, 52, 109, 110; Business Partner Code of Conduct 2021, page 12

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): Annual Report 2022, page 24, 52, 97; Business Partner Code of Conduct 2021, page 6, 12; News MHP Webpage

Quality of GHG Inventory
45/100
Quality and scope of GHG inventory Completeness
1.25/1.5
Feed & Animal Farming Emissions
1/2
Transparency of GHG Inventory
0/1.5
Source(s): Annual Report 2022, page 52, 98, 99; Annual Reports and Accounts 2022, page 98, 99; Sustainability Report 2021, page 61

Emissions Performance
70/100
Overall Emission Performance
3.5/5
Source(s): Annual Report 2022, page 98, 99

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 24, 52, 109; Annual Reports and Accounts 2022, page 92



Deforestation & Biodiversity

19/100

Deforestation/Conversion-free Target - Soy for Animal Feed
35/100
Risk Assessment to Identify High-risk Locations
0/0.5
Strength of Deforestation Commitment
0.5/2
Regional & Operational Coverage of Commitment
1.25/1.25
Transparency - Progress Against Commitment
0/1.25
Source(s): Annual Report 2022, page 20, 24, 31, 40, 52

Engagement, Monitoring & Traceability - Soy for Animal Feed
2/100
Supplier Engagement
0.1/1.25
Compliance monitoring & Traceability
0/3.25
Feed Innovation
0/0.5
Source(s): Annual Report 2022, page 52



Water Use & Scarcity

13/100

Water Use & Scarcity in Facilities
18/100
Monitoring Water Consumption & Withdrawals
0.25/0.75
Target to Reduce Water Consumption & Withdrawals
0/1
Disclosure & Performance of Water Risks in Facilities
0.63/3.25
Source(s): Annual Report 2022, page 26, 57, 102; Sustainable environmental policy, page 4

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 52, 102; Sustainability Report 2021, page 58

Water Use & Scarcity in Animal Farming
20/100
Supplier Engagement in Water Use in Animal Farming
1/3
Disclosure of Water Risks in Animal Farming
0/2
Source(s): Annual Report 2022, page 52; Sustainability Report 2021, page 58



Waste & Pollution

16/100

Wastewater at Facilities
38/100
Disclosure & Targets for Wastewater Quality & Volume Discharged
0.73/1.5
Transparency on Water Pollution Risks
0.25/2
Performance on Wastewater Quality & Volume Discharged
0.9/1.5
Source(s): Annual Report 2022, page 20, 31, 103; Sustainability Report 2021, page 13, 59

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):

Manure Management in Animal Farming
10/100
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
0/2.25
Source(s): Annual Report 2022, page 17, 20, 31, 58, 110; Sustainability Report 2021, page 65



Antibiotics

60/100

Policy on Antibiotics Use
80/100
Policy on Antibiotics Use
4/5
Source(s): Animal Welfare Policy 2021, page 7; Annual Report 2022, page 51, 56, 78, 79, 82; Sustainability Report 2021, page 8, 67, 68

Disclosure of Quantity of Antibiotics Used
40/100
Disclosure of Quantity of Antibiotics Used
2/5
Source(s): Annual Report 2022, page 82



Animal Welfare

29/100

Animal Welfare Policy
69/100
Welfare Policy
1.25/2
Key Welfare Issues
2.2/3
Source(s): Animal Welfare Policy 2021, page 4, 6, 7, 9; Animal Welfare Webpage; Annual Report 2022, page 78; Sustainability Report 2021, page 67

Assurance & Certification
18/100
Auditing & Assurance by an Animal Welfare Organisation
0.9/4
Public Reporting on Welfare
0/1
Source(s): Annual Report 2022, page 81; Sustainability Report 2021, page 50

Performance on Key Material Risks
0/100
Performance on Key Material Welfare Risks by Protein
0/5
Source(s): Sustainability Report 2021, page 67, 68



Working Conditions

33/100

Human Rights
20/100
Strength of Policy
1/1
Due Diligence Process
0/3
Evidence of Remediation
0/1
Source(s): Code of Ethical Conduct 2019, page 5

Fair Working Conditions
44/100
Policy for Direct Operations
1.2/3
Monitoring & Discosure
1/2
Source(s): Business Partner Code of Conduct 2021, page 18, 23; Code of Ethical Conduct 2019, page 5, 6; Code of Ethics 2021, page 3; Ethics HelpLine Webpage; GRI Content Index 2022, page 2; Personnel Policy 2017, page 4, 7

Safety & Turnover Data
44/100
Committee representation of workers
0.45/2
Disclosure of safety and turnover data
1.75/3
Source(s): Annual Report and Accounts 2022, page 70, 74; Code of Ethical Conduct 2019, page 6; Corporate Occupational Health and Safety Policy 2023, page 4, 18; Sustainability Report 2021, page 40

Freedom of Association
25/100
Strength of Policies
0.5/3
Disclosure of Collective Bargaining Metrics
0.75/2
Source(s): Annual Report and Accounts 2022, page 66; Code of Ethical Conduct 2019, page 5; Personnel Policy 2017



Food Safety

36/100

Food Safety System
50/100
Certifications
2/3.5
Performance
0.5/1.5
Source(s): Annual Report 2022, page 78, 79, 81; Annual Report and Accounts 2022, page 78, 81; Business Partner Code of Conduct 2021, page 12, 23; Quality Control Webpage; Sustainability Report 2021, page 50

Product Recalls & Market Bans
23/100
Product Recall Systems
0.13/3
Performance
1/2
Source(s): Sustainability Report 2021, page 18



Sustainability Governance

45/100

Assessment of a Company's Sustainability Governance
45/100
Board Sustainability
1.25/2
Incentives & Policy Engagement
0.75/2.5
Innovation & Benchmarking
0.25/0.5
Source(s): Annual Report 2022, page 59, 94, 122, 135; Annual Reports and Accounts 2022, page 11, 24, 29; Director's remuneration policy, page 2, 4; GRI 2022, page 1; Sustainability Report 2021, page 21



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): MHP 2021 sustainability report.pdf, page 49; Poultry World 2021 Press

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