Member AUM
$70 trillion

Vinamilk

VNM:VN VN000000VNM8
Key Information
HQ:
Vietnam
Market Cap:
$6.77bn
Primary Markets:
Asia, Europe & Russia



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

25/100
High Risk



Greenhouse Gas Emissions

29/100

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 100, 119; Sustainable Development Report 2022, page 5, 15, 28, 53, 54, 55, 61

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): Sustainable Development Report 2022, page 28

Quality of GHG Inventory
40/100
Quality and scope of GHG inventory Completeness
1/1.5
Feed & Animal Farming Emissions
0/2
Transparency of GHG Inventory
1/1.5
Source(s): Annual report 2022, page 47; Sustainable Development Report 2022, page 78, 83

Emissions Performance
70/100
Overall Emission Performance
3.5/5
Source(s): Sustainable Development Report 2022, page 83

Climate-related Scenario Analysis
0/100
Climate-related Scenarios Analysis Conducted
0/1
Disclosure of Analysis Results on Material Risks
0/3
Disclosure of Financial Material Events & Alignment of CAPEX
0/1
Source(s):



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): Sustainable Development Report 2022, page 42

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 46; Sustainable Development Report 2022, page 37, 39, 42, 58, 64, 65, 66



Water Use & Scarcity

24/100

Water Use & Scarcity in Facilities
38/100
Monitoring Water Consumption & Withdrawals
0.25/0.75
Target to Reduce Water Consumption & Withdrawals
0/1
Disclosure & Performance of Water Risks in Facilities
1.63/3.25
Source(s): Sustainable Development Report 2022, page 68, 70, 78, 82

Water Use & Scarcity in Feed Farming
35/100
Supplier Engagement in Water Use in Feed Farming
0.75/2.5
Disclosure of Water Risks in Feed Farming
1/2.5
Source(s): Annual Report 2022, page 49; Sustainable Development Report 2022, page 28, 39, 42, 64, 65

Water Use & Scarcity in Animal Farming
0/100
Supplier Engagement in Water Use in Animal Farming
0/3
Disclosure of Water Risks in Animal Farming
0/2
Source(s): Sustainable Development Report 2022, page 68



Waste & Pollution

23/100

Wastewater at Facilities
45/100
Disclosure & Targets for Wastewater Quality & Volume Discharged
0.5/1.5
Transparency on Water Pollution Risks
1.25/2
Performance on Wastewater Quality & Volume Discharged
0.5/1.5
Source(s): Sustainable Development Report 2022, page 60, 68, 78, 83

Nutrient Management in Feed Farming
15/100
Supplier Engagement in Nutrient Pollution Risks
0/4
Innovation to Improve Nutrient Management in Feed Farming
0.76/1
Source(s): Sustainable Development Report 2022, page 28, 65

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): Sustainable Development Report 2022, page 61



Antibiotics

0/100

Policy on Antibiotics Use
0/100
Policy on Antibiotics Use
0/5
Source(s): Annual Report 2022, page 49

Disclosure of Quantity of Antibiotics Used
0/100
Disclosure of Quantity of Antibiotics Used
0/5
Source(s):



Animal Welfare

21/100

Animal Welfare Policy
18/100
Welfare Policy
0.5/2
Key Welfare Issues
0.4/3
Source(s): Sustainable Development Report 2022, page 25, 28, 38, 39, 40, 52, 57, 58, 59, 65; Vietnam Dairy Cow One-Member Company Limited Webpage

Assurance & Certification
30/100
Auditing & Assurance by an Animal Welfare Organisation
1.5/4
Public Reporting on Welfare
0/1
Source(s): Sustainable Development Report 2022, page 57, 65

Performance on Key Material Risks
15/100
Performance on Key Material Welfare Risks by Protein
0.75/5
Source(s): Sustainable Development Report 2022, page 41, 59; Vietnam Dairy Cow One-Member Company Limited Webpage



Working Conditions

33/100

Human Rights
10/100
Strength of Policy
0.5/1
Due Diligence Process
0/3
Evidence of Remediation
0/1
Source(s): Code of Conduct 2015, page 14; Sustainable Development Report 2022, page 15, 17, 90

Fair Working Conditions
33/100
Policy for Direct Operations
1.4/3
Monitoring & Discosure
0.25/2
Source(s): Code of Conduct 2015, page 14, 19, 23, 31; Sustainable Development Report 2022, page 12, 17, 47

Safety & Turnover Data
30/100
Committee representation of workers
0.75/2
Disclosure of safety and turnover data
0.75/3
Source(s): Sustainable Development Report 2022, page 6, 35, 45, 46, 86

Freedom of Association
60/100
Strength of Policies
1.5/3
Disclosure of Collective Bargaining Metrics
1.5/2
Source(s): Sustainable Development Report 2022, page 44, 47, 48, 84



Food Safety

64/100

Food Safety System
75/100
Certifications
3/3.5
Performance
0.75/1.5
Source(s): SR 2022, page 35; Sustainable Development Report 2022, page 6, 23, 33, 35, 52, 73

Product Recalls & Market Bans
53/100
Product Recall Systems
2.13/3
Performance
0.5/2
Source(s): Sustainable Development Report 2022, page 22, 35



Sustainability Governance

23/100

Assessment of a Company's Sustainability Governance
23/100
Board Sustainability
0.88/2
Incentives & Policy Engagement
0.25/2.5
Innovation & Benchmarking
0/0.5
Source(s): Annual Report 2022, page 31, 32, 49, 81; Sustainable Development Report 2022, page 17, 18, 19



Alternative Proteins

35/100

Diversification of Products to Alternative Protein Sources
35/100
Existing product portfolio
0.25/2.5
Investing for future growth
1.5/2.5
Source(s): Annual Report 2022, page 8; Plant-Based Milk Webpage; Sustainable Development Report 2022, page 10, 25

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