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2019 Sustainability Report

2019 Sustainability Report

As a global agri-business, our future success depends on our ability to help transform the food system, conserve biodiversity, build resilience and create value across the supply chain.

Action for Sustainable Agriculture: Towards a positive difference

This, our third annual sustainability report, covers our efforts in 2019 to work with our employees and partners towards a positive difference in our operations and supply chains in the face of social and environmental challenges and economic uncertainty.

"The future success of our business depends on our ability to help transform the food system and create value for everyone in the supply chain"

In 2019, we continued to make good progress on the five strategic priorities of our sustainability strategy, Meeting Tomorrows’ Demand, while sharpening our focus with new goals spanning every aspect of our strategy.

There is still much to be accomplished, yet we remain optimistic in the face of the challenges ahead and determined to make a positive difference.

David Dong, CEO of COFCO International

2019 Sustainability Highlights in Numbers

$2.3 billion
sustainability-linked loan as our main financing facility
5.2 million+
hectares of soy farms in Latin America mapped and assessed for environmental and social risks
100%
farm-level traceability for all directly sourced Brazil soy in 25 priority municipalities of the Cerrado biome, with full farm-level traceability set as new target for all directly sourced Brazil soy by 2023
240,000
trees planted on the company’s dedicated 850-hectare conservation area
23%
of global coffee sales certified or verified as sustainable
48% and 31%
reduction in lost-time incident frequency for contractors and employees
74%
of wastewater reused as irrigation water and natural fertiliser
10%
water efficiency improvement by 2025 set as a new environmental target
87%
of global energy needs met by renewable energy
25,000+
beneficiaries of its community programmes worldwide

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