OUR FRAMEWORK
“Essential to our strategy going forward is our sustainability and ability to balance the needs of all our stakeholders. We believe that sustainability—whether coming up with healthier products, taking care of our people and communities, or being good stewards of our resources—is essential to our longevity. We believe our commitment to responsible business will change the complexion and character of our business in a good way and will future-proof our enterprise.”
CHRISTOPHER T. PO
Executive Chairman
TEODORO T. PO
President and CEO
Our Sustainability Focus
Having embraced sustainability as part of our company’s way of doing business, we further intensified our efforts, responsibly delivering our commitments to customers and consumers while working on areas for improvement that are important to various stakeholders of the Company. Our Sustainability Framework guides our initiatives as it identifies these focus areas and provides a roadmap for our sustainability activities.
Sustainability Framework and 2023 Highlights
Protein Delivery
Nutrition
New fortified products launched under the Ligo brand
2.5 Billion
Number of products sold in (domestic retail) across the Philippines
(2022: 2.5 billion)
31 million
Kilograms of protein in products sold
(2022: 31 million kg)
5
New fortified products launched under the Ligo brand
5
Products with enhanced the nutrient profile, Birch Tree Adult Boost, unMEAT, 555 Tuna, Choco Hero, and Hunt’s
Accessibility
12.4 million
Number of Protein Servings delivered to partner communities through Kain Po (2022: 10 million)
31 million
Kilograms of protein in products sold
(2022: 31 million kg)
124 thousand
Number of Milk Servings delivered to beneficiaries through Daily Dairy (2022: 10 million)
~144K doors
Direct points of sale covered (+7%)
79
Number of CNPF export countries (2022: 75)
Consumption of Healthy Food
10
Products launched using new Inspire Labelling in 2023
Healthy Supportive Environment
Birch Tree Advance Barangay Caravan
Purchases Assessment
Supplier Credibility
Tuna Sustainability 100% compliance to ISSF conservation measures
100% of current active suppliers signed and acknowledged the Supplier Code of Conduct & Ethics as a requirement to work with CNPF
Raw Materials Traceability
100% traceability of fish and cocounut back to fishing grounds and farms
Planet Preservation
Natural Resource Efficiency
+6%
Change in water intensity vs prior year
-31%
Change in water intensity vs baseline year
-2%
Change in energy intensity vs prior year
-21%
Change in energy intensity vs baseline year
Environmental Impact Management
70%
of power requirement sourced from renewable energy at largest manufacturing hub-2%
Change in GHG intensity vs previous year100%
Net Zero Plastic Waste Brands ahead of EPR168k
Mangrove Trees planted in coastal areas in General Santos87%
Of materials used are from renewable sources74%
Of waste diverted from disposalPeople Development
Professional and Personal Growth
28,336
Total Jobs supported across CNPF value chainDiversity and Inclusion
55:45
Male – Female Split5 out of 6
of our manufacturing divisions are headed by women.Workplace Safety
4.64 million
Safe manhoursCommunity Development
1 million
Coconut trees planted and donated to smallholder coconut farmers in Mindanao (completed in 2022)Excellence in Governance: CNPF Earns Triple Golden Arrow Recognition
CNPF has been distinguished this year with the prestigious Golden Arrow Award from the Institute of Corporate Directors (ICD). This accolade, part of the ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards, recognizes CNPF’s adherence to the highest standards of corporate governance. The award evaluates companies on critical parameters including the promotion of shareholder rights, equitable treatment, commitment to transparency, accountability, and the role of the board in strategic guidance and management oversight. Receiving three Golden Arrows this year, up from one in the previous year, marks a significant milestone for CNPF and underscores the company’s dedication to continuous improvement. This recognition reflects CNPF’s integrated approach to sustainability within its corporate governance framework, striving to deliver not only on financial performance but also on environmental stewardship and social responsibility.
