Sanderson Farms Inc

SAFM:US US8000131040
Key Information
HQ:
United States
Market Cap:
$4.23bn
Primary Markets:
North America, LATAM



Company Information

Company Summary

Sanderson Farms is the third-largest poultry producer in the US, processing over 4.2 billion pounds of meat in fiscal 2017. It is a fully vertically integrated poultry processing company engaged in producing, processing, marketing and distributing fresh and frozen chicken products.
Sanderson Farms

Revenue

Total revenue:

$4.8bn

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
N/AN/AN/A
Icon-Warning This company is no longer assessed by the Coller FAIRR Protein Producer Index.

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

12/100

Scope 1, 2 & 3 Target
10/100
Type of Target
0/0
Strength of Target - Non-SBT
0.5/2
Strength of Target - SBT
0/3
Source(s): Corporate Responsibility Report 2020, page 46, 48, 82, 88, 101, 120; Form 10-K 2021, page 3, 10

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): CDP Website; Corporate Responsibility Report 2020, page 101

Emissions Performance
5/100
Overall Emission Performance
0.25/5
Source(s): Corporate Responsibility Report 2020, page 101, 105

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): Corporate Responsibility Report 2020, page 120; Form 10-K 2021, page 17, 19



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
0/2
Regional & Operational Coverage of Commitment
0/1.25
Transparency - Progress Against Commitment
0/1.25
Source(s): CDP Website; Corporate Responsibility Report 2020, page 120

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): Corporate Responsibility Report 2020, page 120



Water Use & Scarcity

37/100

Water Use & Scarcity in Facilities
50/100
Monitoring Water Consumption & Withdrawals
0.75/0.75
Target to Reduce Water Consumption & Withdrawals
0.25/1
Disclosure & Performance of Water Risks in Facilities
1.5/3.25
Source(s): CDP Website; Corporate Responsibility Report 2020, page 82, 90, 91, 92, 93, 94, 95, 107

Water Use & Scarcity in Feed Farming
20/100
Supplier Engagement in Water Use in Feed Farming
0/3
Disclosure of Water Risks in Feed Farming
1/2
Source(s): Corporate Responsibility Report 2020, page 115

Water Use & Scarcity in Animal Farming
40/100
Supplier Engagement in Water Use in Animal Farming
2/3
Disclosure of Water Risks in Animal Farming
0/2
Source(s): Corporate Responsibility Report 2020, page 49



Waste & Pollution

22/100

Wastewater at Facilities
40/100
Disclosure & Targets for Wastewater Quality & Volume Discharged
1/1.5
Transparency on Water Pollution Risks
0.5/2
Performance on Wastewater Quality & Volume Discharged
0.5/1.5
Source(s): CDP Website; Corporate Responsibility Report 2020, page 95, 97, 98, 109

Nutrient Management in Feed Farming
14/100
Supplier Engagement in Nutrient Pollution Risks
0.7/4
Innovation to Improve Nutrient Management in Feed Farming
0/1
Source(s): Corporate Responsibility Report 2020, page 120

Manure Management in Animal Farming
13/100
Disclosure of Pollution Risks from Manure
0.25/1.25
Supplier Engagement in Manure Management
0.38/1.5
Innovation to Improve Nutrient Management in Animal Farming
0/2.25
Source(s): Corporate Responsibility Report 2020, page 49, 95, 109



Antibiotics

51/100

Policy on Antibiotics Use
70/100
Policy on Antibiotics Use
3.5/5
Source(s): Change in Antibiotic Use Program Webpage; Policy on Animal Welfare and Antibiotics Use Webpage

Disclosure of Quantity of Antibiotics Used
32/100
Disclosure of Quantity of Antibiotics Used
1.6/5
Source(s): Corporate Responsibility Report 2020, page 57, 64, 115; is raising chicken without antibiotics more humane?



Animal Welfare

21/100

Animal Welfare Policy
53/100
Welfare Policy
1.25/2
Key Welfare Issues
1.4/3
Source(s): Corporate Responsibility Report 2020, page 54, 55, 56, 57, 80; Frequently Asked Questions Webpage

Assurance & Certification
10/100
Auditing & Assurance by an Animal Welfare Organisation
0.5/4
Public Reporting on Welfare
0/1
Source(s): Corporate Responsibility Report 2020, page 115

Performance on Key Material Risks
0/100
Performance on Key Material Welfare Risks by Protein
0/5
Source(s): Corporate Responsibility Report 2020, page 56



Working Conditions

46/100

Human Rights
50/100
Strength of Policy
1/1
Due Diligence Process
1.5/3
Evidence of Remediation
0/1
Source(s): Corporate Responsibility Report 2020, page 27, 122, 123, 124, 125

Fair Working Conditions
22/100
Policy for Direct Operations
0.6/3
Monitoring & Discosure
0.5/2
Source(s): Corporate Responsibility Report 2020, page 22, 27; Form 10-K 2021, page 13

Safety & Turnover Data
60/100
Disclosure of safety and turnover data
0.5/2
Committee representation of workers
2.5/3
Source(s): Corporate Responsibility Report 2020, page 35, 36, 37, 113

Freedom of Association
50/100
Strength of Policies
1/3
Disclosure of Collective Bargaining Metrics
1.5/2
Source(s): Corporate Responsibility Report 2020, page 122, 123; Form 10-K 2021, page 12, 21



Food Safety

70/100

Food Safety System
55/100
Certifications
2.25/3.5
Performance
0.5/1.5
Source(s): Corporate Responsibility Report 2020, page 65, 111

Product Recalls & Market Bans
85/100
Product Recall Systems
2.25/3
Performance
2/2
Source(s): Corporate Responsibility Report 2020, page 111; Form 10-K 2021, page 23



Sustainability Governance

18/100

Assessment of a Company's Sustainability Governance
18/100
Board Sustainability
0.25/2
Incentives & Policy Engagement
0.4/2.5
Innovation & Benchmarking
0.25/0.5
Source(s): Corporate Responsibility Report 2020, page 64, 65, 80, 120, 121; Proxy Statement 2021, page 33, 44, 45



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): Sanderson weighs in on plant-based protein, sandwich feud Webpage

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.

Icon-Warning This company is no longer assessed by the Working Conditions Engagement.

Working Conditions Engagement

Analysis Overview

WC-Radar
Grievance Mechanisms Economic Incentives Distribution by Contract Type Oversight of Governance Structure Support Worker Representation Engage Workers on Industry Trends

Analysis Breakdown




Health & Safety

Low glyph / arrow / Down
Grievance Mechanisms - Availability & Access
Partial glyph / arrow / Same
Grievance Mechanisms - Effectiveness & Evaluation
Low glyph / arrow / Down
Grievance Mechanisms - Categories & Reporting
Did Not Find glyph / arrow / Same
Grievance Mechanisms - Channels for H&S and Worker Rights
Did Not Find glyph / arrow / Same
Grievance Mechanisms - Resolution Process
Did Not Find
Economic Incentives - Sick Pay Entitlement
Did Not Find glyph / arrow / Same
Economic Incentives - Other Economic Incentives
Did Not Find glyph / arrow / Down



Fair Working Conditions

Partial glyph / arrow / Down
Distribution by Contract Type
Good glyph / arrow / Same
Oversight of Governance Structure
Low glyph / arrow / Down



Worker Representation

Low glyph / arrow / Same
Support Worker Representation - Internal & External Structures
Did Not Find glyph / arrow / Same
Support Worker Representation - Restrictions Under Law
N/A
Support Worker Representation - Operations in China
N/A
Support Worker Representation - Collective Bargaining
Good glyph / arrow / Same
Engage Workers on Industry Trends - Impact assessment on Employees
Low glyph / arrow / Same
Engage Workers on Industry Trends - Workforce Engagement
Did Not Find glyph / arrow / Same
Engage Workers on Industry Trends - Just Transition
Did Not Find

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.