Message from Our Executives

Food security is the foundation of human equality and environmental balance which is based on organizational management in line with the principles of good governance. On behalf of the Board of Directors, all executives and employees, we would like to extend our sincerest gratitude to stakeholders across the value chain for taking part in materializing the concept of sustainability into valuable and efficient action. We would also like to thank everyone for participating in our endeavor to shape CPFs’ sustainable development path towards becoming a sustainable “Kitchen of the World”.

Sustainability Awards

International Level

DJSI 2022
Member of the Dow Jones Sustainability Index; Emerging Market for the 8th consecutive year
The Sustainability Yearbook 2022
S&P Global Silver Class Award
FTSE4Good Index
FTSE4Good Emerging Indexes for the 5th consecutive year
MSCI ESG Indexes
Participated in the Sustainability Assessment for the Food Products Industry
CDP 2022
Climate change B, Water Security B-, Forests B (Palm Oil, Soy, Timber)
HR Asia, Asia’s most authoritative publication for HR
Awarded HR Asia Best Companies to Work for in Asia Awards 2022
Asian Excellent Awards 2022
“Asia’s Best CSR Award”
ASEAN Energy Awards 2022
from ASEAN Energy Business Forum 2022 (AEBF 2022)
Business Benchmark on Farm Animal Welfare (BBFAW), a leading global measure of farm animal welfare
ranked CPF at Tier-3 for the 2nd consecutive year

National Level

Thai Private Sector Collective Action Against Corruption (CAC)
CAC Change Agent Award 2022 and CAC Certified
Corporate Governance Report of Thai Listed Companies 2022 (CGR)
Excellent CG Scoring
ASEAN Corporate Governance
2021 Score Card, ASEAN Asset Class PLCs category from ASEAN CG Scorecard
Highly Commended in Sustainability Award from
SET Awards 2022 by Stock Exchange of Thailand and Money & Banking Magazine
2022 Sustainability Disclosure Award
from Thaipat Institute
Thailand Sustainability Investment (THSI) 2022
in Agriculture and Agro-Industrial Category by Stock Exchange of Thailand (SET)
SOS Awards 2022
in the category of “OUTSTANDING FOOD RESCUE AWARD - BIG MANUFACTURING GROUP” from Scholars of Sustenance (SOS)
Low Carbon and Sustainable Business (LCSB)
by Thailand Greenhouse Gas Management Organization (TGO), for “Excellence” Low Carbon and Sustainable Business Award in 2022, for the second consecutive year
CSR-DIW Continuous Award 2022
in Standard of Corporate Social Responsibility project (CSR-DIW to achieve SDGs), organized by Ministry of Industry’s Department of Industrial Works

Performance Highlights 2022

Economic Performance

Food Safety and Quality

Environmental Performance

Water Stewardship


water withdrawal per production unit was reduced (Target achieved at 12.6 m3 per ton of products, beyond 18.9 m3 per ton of products target)

Biodiversity and Ecosystems

Conserved, protected and restored mangrove forests and watershed forests in strategic areas covering


(2,379 hectares)

Climate Action


Coal-free in Thailand Operations
(Achieved in December 2022)


renewable energy use


of carbon dioxide absorbed

Circular Economy and Packaging

Reduced the use of paper and plastic in packaging by


(Thailand Operations)

Waste Management


food waste from operations*
(Thailand Operations)

* Food waste from operations includes food loss and food waste. Currently, the data on food waste is collected from a model project in Thailand Operations under Chester’s and Food World business unit over five locations.

thousand tons

waste to landfill and incineration (Thailand Operations) and

thousand tons

(Thailand and Overseas Operations)**

**Overseas operations cover the operations in Vietnam, Cambodia, India, the Philippines, Türkiye, Malaysia and Laos.


of plastic packaging for food products is recyclable or reusable or compostable (Thailand Operations)

Responsible Sourcing


of the key raw materials come from
deforestation-free areas.


of the key raw materials are traceable.

Sustainability Report 2022