Seaboard Corporation
SEB:US US8115431079
Key Information
HQ:
United States
Market Cap:
$4.51bn
Primary Markets:
Africa, North America, LATAM
Waste & Pollution Engagement
Analysis Overview
Risk Assessment Value Chain Coverage Risk Mitigation Circularity Company Engagement
Analysis Breakdown
Risk Assessment
Poor
Coverage of water quality risk assessment
The company does not disclose information.
Transparency and disclosure of water quality indicators
The company discloses it had zero environmental regulatory complaints in the reporting year. The company does not disclose specific information about water quality issues.
Recognition of nutrient pollution risk on biodiversity
The company does not disclose information.
Value Chain Coverage
Poor
Inclusion of upstream feed and livestock suppliers in risk assessment
The company does not disclose information.
Downstream use of manure by animal feed suppliers
The company mentions that it provided local farmers 1.9 million pounds of valuable nitrogen fertiliser. However, it is not clear whether this also includes the company´s feed suppliers.
Acknowledgment of regulatory risks
The company does not disclose information.
Transparency on non-compliance from suppliers
The company says it has inspected 99.45% of farms for good environmental practices. It discloses that 93.65% had an average passing score for environmental and safety-related issues. However, it does not disclose information about non-compliance events related to animal waste.
Risk Mitigation
Poor
Biogas generation and organic fertilisers from animal waste
The company mentions it has invested $315 million in property, plant and equipment in the Pork segment primarily to fund biogas recovery projects, regular replacement of breeding herds and other investments. The company mentions that it captures methane from its hog lagoons and injects it as renewable natural gas into the local pipeline infrastructure.
The company owns 532 farms and works with over 370 contract farms. It´s not clear whether the company supports contracted farmers to capture biogas.
Target-setting for water quality
The company does not disclose information.
Support to third-party suppliers
The company does not disclose information.
Circularity
Poor
Pilot projects around nutrient circularity
The company does not disclose information.
Disclosure of investment in circular solutions
The company does not disclose information.
Targets to increase share of manure under circular initiatives
The company does not disclose information.
Company Engagement
Poor
Level of company engagement with the coalition
The company did not engage with the investor coalition.
Workstream Information
2023 level
Poor
Index Waste & Pollution Score:
3/100
Assessed Proteins:
Pork
Last Updated:
28 June 2023
2023/24 Resources
Phase 1 | Key Findings Report Waste & Pollution Engagement