New Hope Liuhe Co Ltd

000876:CH CNE000000VB0
Key Information
HQ:
China
Market Cap:
$8.75bn
Primary Market:
Asia



Company Information

Company Summary

New Hope Liuhe is a leading enterprise in agricultural industrialisation in China and an affiliate of New Hope Group. New Hope Liuhe has grown its operations into animal feed, livestock breeding and raising (chicken and pigs), meat processing and financial investments. The company operates nationally across China and in 20 other countries and regions including Vietnam, the Philippines, Bangladesh, Indonesia, Cambodia, Sri Lanka, Singapore and Egypt.
New Hope Liuhe

Revenue

Total revenue:

$17.4bn

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

17/100
High Risk



Greenhouse Gas Emissions

12/100

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 125; Company Profile Webpage; Social Responsibility Report 2022 English, page 27, 28

Innovation on GHG Emission Reduction
20/100
Innovation to Reduce Agriculture Emissions
0/1
Feed Farming Innovation
1/2
Animal Farming Innovation
0/2
Source(s): Annual Report 2022, page 125; New Hope Liuhe 2022 CSR CN.pdf, page 54; Social Responsibility Report 2022

Quality of GHG Inventory
25/100
Quality and scope of GHG inventory Completeness
1.25/1.5
Feed & Animal Farming Emissions
0/2
Transparency of GHG Inventory
0/1.5
Source(s): Social Responsibility Report 2022 English, page 27

Emissions Performance
5/100
Overall Emission Performance
0.25/5
Source(s): Social Responsibility Report 2021 English, page 56; Social Responsibility Report 2022 English, page 27

Climate-related Scenario Analysis
5/100
Climate-related Scenarios Analysis Conducted
0/1
Disclosure of Analysis Results on Material Risks
0.25/3
Disclosure of Financial Material Events & Alignment of CAPEX
0/1
Source(s): Annual Report 2022 English, page 2, 4, 5



Deforestation & Biodiversity

5/100

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 English, page 5; Semi Annual Report 2020, page 41

Engagement, Monitoring & Traceability - Soy for Animal Feed
10/100
Supplier Engagement
0/1.25
Compliance monitoring & Traceability
0/3.25
Feed Innovation
0.5/0.5
Source(s): Annual Report 2022, page 33; Social Responsibility Report 2022 English, page 7, 27



Water Use & Scarcity

13/100

Water Use & Scarcity in Facilities
10/100
Monitoring Water Consumption & Withdrawals
0.25/0.75
Target to Reduce Water Consumption & Withdrawals
0/1
Disclosure & Performance of Water Risks in Facilities
0.25/3.25
Source(s): Annual Report 2022, page 37; Social Responsibility Report 2022, page 55, 57; Social Responsibility Report 2022 English, page 29

Water Use & Scarcity in Feed Farming
8/100
Supplier Engagement in Water Use in Feed Farming
0/2.5
Disclosure of Water Risks in Feed Farming
0.38/2.5
Source(s): Social Responsibility Report 2022, page 41, 55

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): Company Profile Webpage; New Hope Liuhe 2022 CSR CN.pdf, page 55



Waste & Pollution

20/100

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 2021, page 93; Annual Report 2022, page 83, 101, 125, 126; New Hope Liuhe CSR 2022 Mandarin.pdf, page 56; Social Responsibility Report 2022, page 1, 41, 56; Social Responsibility Report 2022 English, page 29

Nutrient Management in Feed Farming
11/100
Supplier Engagement in Nutrient Pollution Risks
0/4
Innovation to Improve Nutrient Management in Feed Farming
0.56/1
Source(s): Annual Report 2022, page 33; Social Responsibility Report 2022, page 50

Manure Management in Animal Farming
23/100
Disclosure of Pollution Risks from Manure
0.75/1.25
Supplier Engagement in Manure Management
0.38/1.5
Innovation to Improve Nutrient Management in Animal Farming
0/2.25
Source(s): New Hope Liuhe 2022 CSR CN.pdf, page 50; Social Responsibility Report 2022, page 50; Social Responsibility Report 2022 English, page 27, 50



Antibiotics

21/100

Policy on Antibiotics Use
30/100
Policy on Antibiotics Use
1.5/5
Source(s): Annual Report 2022 English, page 22, 26; SRR, page 12, 32, 38, 42; Social Responsibility Report 2021 English, page 34, 40; Social Responsibility Report 2022 English, page 17

Disclosure of Quantity of Antibiotics Used
12/100
Disclosure of Quantity of Antibiotics Used
0.6/5
Source(s): New Hope Liuhe CSR 2022 Mandarin.pdf, page 29



Animal Welfare

2/100

Animal Welfare Policy
5/100
Welfare Policy
0.25/2
Key Welfare Issues
0/3
Source(s): Social Responsibility Report 2022 English, page 16

Assurance & Certification
0/100
Auditing & Assurance by an Animal Welfare Organisation
0/4
Public Reporting on Welfare
0/1
Source(s):

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



Working Conditions

16/100

Human Rights
10/100
Strength of Policy
0.5/1
Due Diligence Process
0/3
Evidence of Remediation
0/1
Source(s): Social Responsibility Report 2022 English, page 32

Fair Working Conditions
17/100
Policy for Direct Operations
0.6/3
Monitoring & Discosure
0.25/2
Source(s): Social Responsibility Report 2022, page 32; Social Responsibility Report 2022 English, page 5, 11, 32, 61, 62

Safety & Turnover Data
18/100
Committee representation of workers
0.4/2
Disclosure of safety and turnover data
0.5/3
Source(s): Social Responsibility Report 2022, page 35; Social Responsibility Report 2022 English, page 35

Freedom of Association
19/100
Strength of Policies
0.95/3
Disclosure of Collective Bargaining Metrics
0/2
Source(s): Social Responsibility Report 2022 English, page 32, 35



Food Safety

31/100

Food Safety System
40/100
Certifications
1.25/3.5
Performance
0.75/1.5
Source(s): Food Safety Webpage; New Hope Liuhe 2022 CSR CN.pdf, page 27; Social Responsibility Report 2022 English, page 3, 15

Product Recalls & Market Bans
23/100
Product Recall Systems
0.13/3
Performance
1/2
Source(s): New Hope Liuhe CSR 2022 Mandarin.pdf, page 11, 12



Sustainability Governance

38/100

Assessment of a Company's Sustainability Governance
38/100
Board Sustainability
1.13/2
Incentives & Policy Engagement
0.5/2.5
Innovation & Benchmarking
0.25/0.5
Source(s): New Hope Liuhe CSR 2022 Mandarin.pdf; R & D Webpage; Social Responsibility Report 2022 English, page 6, 19, 20, 62



Alternative Proteins

20/100

Diversification of Products to Alternative Protein Sources
20/100
Existing product portfolio
0/2.5
Investing for future growth
1/2.5
Source(s): Planted Crisp Webpage

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