Muyuan Foodstuff Co Ltd

002714:CH CNE100001RQ3
Key Information
HQ:
China
Market Cap:
$39.98bn
Primary Market:
Asia



Company Information

Company Summary

Muyuan Foods Co., Ltd., together with its subsidiaries, operates in the hog industry in China. It provides feed processing, pig breeding, commercial pig breeding, and meat slaughtering services. The company offers commercial pigs, piglets, breeding pigs, and white stripes, as well as pork products such as cuts. Muyuan Foods Co., Ltd. was founded in 1992 and is based in Nanyang, China. It also produces animal feed products.
Muyuan Foodstuff

Revenue

Total revenue:

$12.2bn

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

29/100
High Risk



Greenhouse Gas Emissions

21/100

Scope 1, 2 & 3 Target
10/100
Type of Target
0/3
Strength of Target - Non-SBT
0.5/2
Source(s): Environmental, Social, & Governance Report 2022 English, page 47, 48, 49

Innovation on GHG Emission Reduction
20/100
Innovation to Reduce Agriculture Emissions
0/1
Feed Farming Innovation
0/2
Animal Farming Innovation
1/2
Source(s): Corporate Social Responsibility Report 2022, page 71; Environmental, Social, & Governance Report 2022 English, page 45, 47

Quality of GHG Inventory
35/100
Quality and scope of GHG inventory Completeness
1.25/1.5
Feed & Animal Farming Emissions
0.5/2
Transparency of GHG Inventory
0/1.5
Source(s): Corporate Social Responsibility Report 2022; Environmental, Social, & Governance Report 2022 English, page 49

Emissions Performance
15/100
Overall Emission Performance
0.75/5
Source(s): Corporate Social Responsibility Report 2022 English, page 43; Environmental, Social, & Governance Report 2022 English, page 49

Climate-related Scenario Analysis
25/100
Climate-related Scenarios Analysis Conducted
0/1
Disclosure of Analysis Results on Material Risks
1.25/3
Disclosure of Financial Material Events & Alignment of CAPEX
0/1
Source(s): Environmental, Social, & Governance Report 2022 English, page 47, 50, 71



Deforestation & Biodiversity

15/100

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): Corporate Social Responsibility Report 2022 English, page 43; Environmental, Social, & Governance Report 2022 English, page 71

Engagement, Monitoring & Traceability - Soy for Animal Feed
30/100
Supplier Engagement
0.25/1.25
Compliance monitoring & Traceability
1/3.25
Feed Innovation
0.25/0.5
Source(s): Environmental, Social, & Governance Report 2022, page 67, 71; Environmental, Social, & Governance Report 2022 English, page 67, 92; Environmental, Social, and Governance Report 2022, page 67



Water Use & Scarcity

39/100

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): Corporate Social Responsibility Report 2021, page 40; Corporate Social Responsibility Report 2022 English, page 44, 46, 84; Environmental, Social, & Governance Report 2022 English, page 45, 46

Water Use & Scarcity in Feed Farming
48/100
Supplier Engagement in Water Use in Feed Farming
1.1/2.5
Disclosure of Water Risks in Feed Farming
1.3/2.5
Source(s): Corporate Social Responsibility Report 2022, page 18, 38; Corporate Social Responsibility Report 2022 English, page 76; Environmental, Social, & Governance Report 2022, page 14; Environmental, Social, & Governance Report 2022 English, page 45, 46, 71, 92

Water Use & Scarcity in Animal Farming
50/100
Supplier Engagement in Water Use in Animal Farming
2.5/3
Disclosure of Water Risks in Animal Farming
0/2
Source(s): Environmental, Social, & Governance Report 2022 English, page 45



Waste & Pollution

38/100

Wastewater at Facilities
25/100
Disclosure & Targets for Wastewater Quality & Volume Discharged
0.5/1.5
Transparency on Water Pollution Risks
0.25/2
Performance on Wastewater Quality & Volume Discharged
0.5/1.5
Source(s): Annual report 2022, page 81; Corporate Social Responsibility Report 2022, page 85; Environmental, Social, & Governance Report 2022, page 41; Environmental, Social, & Governance Report 2022 English, page 44, 46

Nutrient Management in Feed Farming
35/100
Supplier Engagement in Nutrient Pollution Risks
1.13/4
Innovation to Improve Nutrient Management in Feed Farming
0.6/1
Source(s): Corporate Social Responsibility Report 2022, page 18; Corporate Social Responsibility Report 2022 English, page 53; Environmental, Social, & Governance Report 2022, page 14, 39, 40, 41, 48, 71; Environmental, Social, & Governance Report 2022 English, page 39, 40

Manure Management in Animal Farming
55/100
Disclosure of Pollution Risks from Manure
0.75/1.25
Supplier Engagement in Manure Management
1.5/1.5
Innovation to Improve Nutrient Management in Animal Farming
0.5/2.25
Source(s): Corporate Social Responsibility Report 2021, page 73; Corporate Social Responsibility Report 2022 Mandarin, page 78; Environmental, Social, & Governance Report 2022 English, page 14, 39, 42, 47, 71, 92



Antibiotics

19/100

Policy on Antibiotics Use
30/100
Policy on Antibiotics Use
1.5/5
Source(s): Corporate Social Responsibility Report 2022 Mandarin, page 59; Environmental, Social, & Governance Report 2022 English, page 58

Disclosure of Quantity of Antibiotics Used
8/100
Disclosure of Quantity of Antibiotics Used
0.38/5
Source(s): Corporate Social Responsibility Report 2022 English, page 59; Corporate Social Responsibility Report 2022 Mandarin, page 59



Animal Welfare

36/100

Animal Welfare Policy
77/100
Welfare Policy
1.25/2
Key Welfare Issues
2.6/3
Source(s): Corporate Social Responsibility Report 2022 English, page 25, 63; Environmental, Social, & Governance Report 2022 English, page 60, 63, 64, 65, 66

Assurance & Certification
20/100
Auditing & Assurance by an Animal Welfare Organisation
1/4
Public Reporting on Welfare
0/1
Source(s): Corporate Social Responsibility Report 2022 English, page 53

Performance on Key Material Risks
11/100
Performance on Key Material Welfare Risks by Protein
0.53/5
Source(s): Environmental, Social, & Governance Report 2022 English, page 63



Working Conditions

24/100

Human Rights
20/100
Strength of Policy
0.5/1
Due Diligence Process
0.5/3
Evidence of Remediation
0/1
Source(s): Corporate Social Responsibility Report 2022 Mandarin, page 47; Environmental, Social, & Governance Report 2022 English, page 67, 78; Supplier Code of Conduct 2021, page 1

Fair Working Conditions
35/100
Policy for Direct Operations
1/3
Monitoring & Discosure
0.75/2
Source(s): Environmental, Social, & Governance Report 2022 English, page 32, 33, 67, 69

Safety & Turnover Data
10/100
Committee representation of workers
0.5/2
Disclosure of safety and turnover data
0/3
Source(s): Environmental, Social, & Governance Report 2022 English, page 67, 88, 89

Freedom of Association
30/100
Strength of Policies
1/3
Disclosure of Collective Bargaining Metrics
0.5/2
Source(s): Corporate Social Responsibility Report 2022 Mandarin, page 88; Environmental, Social, & Governance Report 2022 English, page 84, 101



Food Safety

43/100

Food Safety System
25/100
Certifications
1.25/3.5
Performance
0/1.5
Source(s): Corporate Social Responsibility Report 2022 English, page 53; Environmental, Social, & Governance Report 2022 English, page 55, 56; Food Safety Webpage

Product Recalls & Market Bans
60/100
Product Recall Systems
2.5/3
Performance
0.5/2
Source(s): Corporate Social Responsibility Report 2022 English, page 53



Sustainability Governance

25/100

Assessment of a Company's Sustainability Governance
25/100
Board Sustainability
1.25/2
Incentives & Policy Engagement
0/2.5
Innovation & Benchmarking
0/0.5
Source(s): Corporate Social Responsibility Report 2022 English, page 75; Environmental, Social, & Governance Report 2022 English, page 16, 17, 23, 25, 33, 34, 35



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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Waste & Pollution Engagement

Analysis Overview

Waste-Pollution-Radar
Risk Assessment Value Chain Coverage Risk Mitigation Circularity Company Engagement

Analysis Breakdown




Risk Assessment

Poor
Coverage of water quality risk assessment
Transparency and disclosure of water quality indicators
Recognition of nutrient pollution risk on biodiversity



Value Chain Coverage

Poor
Inclusion of upstream feed and livestock suppliers in risk assessment
Downstream use of manure by animal feed suppliers
Acknowledgment of regulatory risks
Transparency on non-compliance from suppliers



Risk Mitigation

Medium
Biogas generation and organic fertilisers from animal waste
Target-setting for water quality
Support to third-party suppliers



Circularity

Poor
Pilot projects around nutrient circularity
Disclosure of investment in circular solutions
Targets to increase share of manure under circular initiatives



Company Engagement

Good
Level of company engagement with the coalition

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