Message from Executives
Charoen Pokphand Foods Public Company Limited and its subsidiaries conducted business under the vision “Kitchen of the World” with a commitment to creating sustainable food security for the World through developing high-quality, safe, and nutritious products that satisfy consumer preferences and are accessible in all circumstances. Additionally, the Company expanded its distribution network to various regions worldwide and developed products tailored to the environments and cultures of individual countries, thereby contributing to reducing inequalities in access to quality food.
CPF Worldwide
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Business at a Glance
The Company operates a vertically integrated agro-industrial and food business in animal proteins, with main animals namely swine, broiler, shrimp, and layers. The process starts from animal feed production, commercial animal breeding, farm operation, primary processing, manufacturing of food and ready-to-eat products, meat and food products distribution as well as restaurants. The businesses are categorized into 3 product categories.
Production and distribution of animal feed as well as pet snacks.
The Company is committed to develop innovation in feed production processes as well as pet snacks, while prioritizing environmental conservation and surrounding communities. In addition, raw material are primarily sourced locally to support local agricultural production with traceability system of raw materials, fostering transparency and trust from stakeholders.
Animal breeding, commercial farming, and primary processing as well as distribution of fresh meat.
The Company leverages modern technology and extensive field experience to foster competitive and environmentally friendly practices. Throughout the entire farm process well-being of animals are prioritized based on international animal welfare principles, to produce the high-quality and safety products that meet international standards.
Produces and distributes a variety of processed meat products, including semi-cooked, cooked or ready-to-eat, as well as restaurants business.
The Company’s value added food products offers high nutritional value with affordable price. The Company also prioritize modern and eco-friendly production innovations and maintain a comprehensive traceability system throughout the entire production process.
The Company distributes products through various channels to ensure consumer convenience access, including our own channels such as Chester’s restaurants, Five Stars product point of sales, Food World food court and through CP Group’s wholesale and retail stores such as Makro, Lotus and 7-11, as well as other distribution channels.
Performance Highlights 2024
CPF Sustainability Strategy
With a vision of becoming the “Kitchen of the World,” the Company operates its businesses with a steadfast commitment to fostering sustainable food security. We embrace the Sufficiency Economy Philosophy initiated by His Majesty King Rama IX, and the “Three-Benefits Principle” of the Charoen Pokphand Group, which aims to conduct business first for the benefit of the Country, then the People, and lastly, the Company. The Company has integrated the United Nations’s agreements as a framework for its development strategies, ensuring adherence to good corporate governance and respect to human rights in all aspects.
In defining our 7 Sustainability Focuses, the Company took into consideration the present context of our agro-industry and food operations throughout the entire value chain, covering assessments on material risks across economic, social, and environmental dimensions, as well as the expectations of our stakeholders.
Protecting our Climate
Driving climate action through innovative solutions that create lasting positive impacts across the entire value chain.
Improving Quality of Life for People
Elevating lives by fostering sustainable growth for employees, communities, and the global population.
Creating Prosperous Food
Ensuring food security with innovative, health-focused and safety food products that prioritize sustainable well-being for consumers.
2024 Key Sustainability Highlights
Responsible Sourcing
43% of key raw materials are traceable
The level of traceability extended to plantation plot/ fishing sources. Key raw materials included animal feed corn, soy, palm oil, cassava, and fishmeal. The performance covered Thailand, Vietnam, the Philippines, Cambodia, Malaysia, India, and Laos operations.
Responsible Marketing
19% of new products developed to be healthier and more nutritious.
The performance calculated from number of new fresh meat and food products released in 2024 in Thailand operations.
Human Resource Management
2,182,106 hours of education and training support for employees.
The performance covered all businesses of the Company, joint ventures and business partners in all countries.
Shared Value Creation with Society
1,580,724 livelihoods improved in communities connected to the Company’s business activities
The performance covered Thailand, Vietnam, China, the Philippines, Cambodia, Malaysia, India, Türkiye, and Laos operations.
Climate Action
27% of direct and indirect GHG emissions per production unit reduced compared to 2015 base year (Thailand operations)
The performance covered feed, farm-processing, and food businesses in Thailand operations
Waste Management and Circular Economy
82.43% oof plastic packaging for food products was recyclable, reusable or compostable.
The performance covered Thailand, Vietnam, Russia, the Philippines, Malaysia, Türkiye, Laos, and Belgium operations.
Biodiversity and Ecosystem
19,932 tons CO2 rais (3,189 hectares) of conservation, protection, and restoration of mangrove and watershed forests, and green areas within business operations.
The performance covered Thailand operations
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Annual Review 2024
