Member AUM
$70 trillion

WH Group Ltd

288:HK KYG960071028
Key Information
HQ:
China
Market Cap:
$8.05bn
Primary Markets:
North America, Asia, Europe & Russia

Protein Producer Index

Analysis Overview

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

30/100
Medium Risk

Greenhouse Gas Emissions

37/100
Scope 1, 2 & 3 Target
Type of Target
0/0
Strength of Target - Non-SBT
1.45/2
Strength of Target - SBT
0.8/5
Source(s): 2021-Sustainability-Impact-Report.pdf, page 26; SBTi Website; Smithfield Sustainability Report 2021, page 26, 88; Sustainability Report 2021, page 11, 25
Innovation on GHG Emission Reduction
Innovation to Reduce Agriculture Emissions
0.8/1
Feed Farming Innovation
1/2
Animal Farming Innovation
0/2
Source(s): Feed efficiency part of Smithfield's carbon negative goal; Smithfield Sustainability Report 2021, page 4, 14, 27
Quality of GHG Inventory
Quality and scope of GHG inventory Completeness
1.25/1.5
Feed & Animal Farming Emissions
1/2
Transparency of GHG Inventory
0.25/1.5
Source(s): Smithfield CDP Climate Report 2021, page 2; Smithfield Sustainability Report 2021, page 27; Sustainability Report 2021, page 27
Emissions Performance
Overall Emission Performance
2/5
Source(s): Smithfield Sustainability Report 2020, page 27; Smithfield Sustainability Report 2021, page 27, 87; Sustainability Report 2021, page 27
Climate-related Scenario Analysis
Climate-related Scenarios Analysis Conducted
0.25/1
Disclosure of Analysis Results on Material Risks
0.5/3
Disclosure of Financial Material Events & Alignment of CAPEX
0/1
Source(s): Smithfield CDP Climate Report 2021, page 12; Smithfield Sustainability Report 2021, page 80; Sustainability Report 2021, page 23

Deforestation & Biodiversity

0/100
Deforestation/Conversion-free Target - Soy for Animal Feed
Risk Assessment to Identify High-risk Locations
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): Annual Report 2021, page 31
Engagement, Monitoring & Traceability - Soy for Animal Feed
Supplier Engagement
0/1.25
Compliance monitoring & Traceability
0/3.25
Feed Innovation
0/0.5
Source(s):

Water Use & Scarcity

20/100
Water Use & Scarcity in Facilities
Monitoring Water Consumption & Withdrawals
0.49/0.75
Target to Reduce Water Consumption & Withdrawals
0.2/1
Disclosure & Performance of Water Risks in Facilities
1.27/3.25
Source(s): Smithfield CDP Water Security Report 2021, page 2, 3, 11, 20, 21, 22; Smithfield News_Water Conservation Efforts; Smithfield Sustainability Report 2021, page 25, 86; Sustainability Report 2021, page 31, 32
Water Use & Scarcity in Feed Farming
Supplier Engagement in Water Use in Feed Farming
1.05/3
Disclosure of Water Risks in Feed Farming
0/2
Source(s): Smithfield CDP Water Security Report 2021, page 8, 15, 16; Smithfield Code of Business Conduct and Ethics 2021, page 11; Smithfield Sustainability Report 2021, page 3
Water Use & Scarcity in Animal Farming
Supplier Engagement in Water Use in Animal Farming
0/3
Disclosure of Water Risks in Animal Farming
0/2
Source(s):

Waste & Pollution

19/100
Wastewater at Facilities
Disclosure & Targets for Wastewater Quality & Volume Discharged
0/1.5
Transparency on Water Pollution Risks
0.9/2
Performance on Wastewater Quality & Volume Discharged
0.9/1.5
Source(s): Smithfield CDP Water Security Report 2021, page 2, 3; Smithfield Sustainability Report 2021, page 28, 90; Sustainability Report 2020, page 22; Sustainability Report 2021, page 28
Nutrient Management in Feed Farming
Supplier Engagement in Nutrient Pollution Risks
0.8/4
Innovation to Improve Nutrient Management in Feed Farming
0/1
Source(s): Press Release - Granular Insights 2020; Smithfield Sustainability Report 2021, page 14, 29
Manure Management in Animal Farming
Disclosure of Pollution Risks from Manure
0.3/1.25
Supplier Engagement in Manure Management
0/1.5
Innovation to Improve Nutrient Management in Animal Farming
0/2.25
Source(s): Smithfield Sustainability Report 2021, page 28, 29, 30, 36; Sustainability Report 2021, page 26, 30

Antibiotics

43/100
Policy on Antibiotics Use
Policy on Antibiotics Use
2.8/5
Source(s): Antibiotics Use Policy Webpage; Smithfield Sustainability Report 2021, page 18, 19, 24, 101; Sustainability Report 2021, page 43, 44
Disclosure of Quantity of Antibiotics Used
Disclosure of Quantity of Antibiotics Used
1.5/5
Source(s): Smithfield Sustainability Report 2021, page 24, 79; Sustainability Report 2021, page 43

Animal Welfare

43/100
Animal Welfare Policy
Welfare Policy
1.65/2
Key Welfare Issues
1.1/3
Source(s): Smithfield Animal Care Policy 2021, page 1; Smithfield Sustainability Report 2021, page 19, 20, 21, 22, 101; Sustainability Report 2021, page 41, 42, 43, 44
Assurance & Certification
Auditing & Assurance by an Animal Welfare Organisation
0.98/4
Public Reporting on Welfare
0.5/1
Source(s): Smithfield Sustainability Report 2020, page 19; Smithfield Sustainability Report 2021, page 19, 81, 101
Performance on Key Material Risks
Performance on Key Material Welfare Risks by Protein
2.2/5
Source(s): Smithfield Sustainability Report 2021, page 18, 19, 20, 22, 101

Working Conditions

37/100
Human Rights
Strength of Policy
1/1
Due Diligence Process
0/3
Evidence of Remediation
0/1
Source(s): Sustainability Report 2021, page 48
Fair Working Conditions
Policy for Direct Operations
1.28/3
Monitoring & Discosure
1.25/2
Source(s): Human Rights Policy Webpage; Smithfield Sustainability Report 2021, page 96; Supplier Code of Conduct Webpage; Sustainability Report 2021, page 20, 45, 46, 48
Safety & Turnover Data
Disclosure of safety and turnover data
0.5/3
Committee representation of workers
1.25/3
Source(s): Sustainability Report 2021, page 49, 50, 51, 52
Freedom of Association
Strength of Policies
0.88/3
Disclosure of Collective Bargaining Metrics
1.3/2
Source(s): Smithfield Sustainability Report 2021, page 78, 106; Supplier Code of Conduct Webpage; Sustainability Report 2021, page 47, 48

Food Safety

40/100
Food Safety System
Certifications
2.25/3.5
Performance
0/1.5
Source(s): Sustainability Report 2021, page 36, 37, 38
Product Recalls & Market Bans
Product Recall Systems
1.25/3
Performance
0.5/2
Source(s): Sustainability Report 2021, page 38

Sustainability Governance

28/100
Assessment of a Company's Sustainability Governance
Board Sustainability
0.88/2
Incentives & Policy Engagement
0.25/2.5
Innovation & Benchmarking
0.25/0.5
Source(s): Company Profile Webpage; Corporate Governance Webpage; Focus on quality products Webpage; Smithfield Sustainability Report 2021, page 114115; Sustainability Report 2021, page 10, 11, 12, 14, 15, 25, 39

Alternative Proteins

45/100
Diversification of Products to Alternative Protein Sources
Existing product portfolio
2/2.5
Investing for future growth
0.25/2.5
Source(s): Focus on quality products Webpage; Smithfield Sustainability Report 2021, page 39

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Workstream Information
2022 Risk Score:
30/100
Level:
Medium Risk
Main Protein:
Pork
Assessed Proteins:
Pork
Company Feedback Given:
Yes
Last Updated:
6th December 2022
2022 Resources
WH Group Ltd Assessment
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Protein Producer Index