Guangdong Haid Group Co., Limited
002311:CH CNE100000HP8
Key Information
HQ:
China
Market Cap:
$9.82bn
Primary Market:
Asia
Coller FAIRR 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
8/100
High Risk
Greenhouse Gas Emissions
8/100
Scope 1, 2 & 3 Target
0/100
Type of Target
The company does not have a science-based emission reduction target.
0/3
Strength of Target - Non-SBT
The company has not disclosed specific targets for reducing Scope 1, Scope 2, or Scope 3 GHG emissions.
0/2
Innovation on GHG Emission Reduction
20/100
Innovation to Reduce Agriculture Emissions
The company does not discuss whether it is working with suppliers to reduce emissions from agriculture.
0/1
Feed Farming Innovation
The company does not engage in innovative projects to reduce or mitigate emissions from feed farming.
0/2
Animal Farming Innovation
The company utilises various technologies, such as boiler energy-saving technologies, air energy equipment, and waste heat recovery systems, to reduce Scope 1 emissions. However, it is unclear if these initiatives are being implemented company-wide. Additionally, it addresses electricity consumption through solar panels, purchasing green electricity, and reusing fermented biogas from farm manure as fuel, though these measures are not deemed innovative.
1/2
Quality of GHG Inventory
0/100
Quality and scope of GHG inventory Completeness
The company does not disclose its GHG emissions inventory.
0/1.5
Feed & Animal Farming Emissions
The company does not disclose any information on GHG emissions from animal farming. The company does not disclose any information on GHG emissions from feed production. The company does not disclose any information on GHG emissions from land use change.
0/2
Transparency of GHG Inventory
The company does not disclose to the CDP climate change questionnaire. The company does not disclose whether the GHG inventory data is audited by a third party.
0/1.5
Emissions Performance
0/100
Overall Emission Performance
The company does not disclose any information on its emission performance. The company does not disclose a quantitative decrease in emissions arising from feed, enteric fermentation, or manure management.
0/5
Climate-related Scenario Analysis
19/100
Climate-related Scenarios Analysis Conducted
The company does not disclose information on a climate-related scenario analysis.
0/1
Disclosure of Analysis Results on Material Risks
The company acknowledges physical climate risks, such as extreme temperatures, storms, and typhoons, which may affect feed availability. To address these challenges, it employs two primary strategies.
Firstly, it focuses on regional distribution expansion by extending its network of manufacturers and local markets in key operational areas. This diversification seeks to minimise the impact of weather-related anomalies and natural disasters.
Secondly, it supports farmers through integrated solutions in feed, seedlings, and animal healthcare, offering scientific breeding plans and personalised services from technical staff to enhance resilience and competitiveness against unusual weather conditions. The company recognises that extreme weather changes can impact breeding production, livestock inventory, and aquatic products, and rising water temperatures could lead to higher mortality rates, affecting short-term feed demand.
Despite offering a range of products, including biological items, veterinary medicine, and vaccines, the company does not disclose costs associated with veterinary services and medicine related to climate change. Additionally, it does not address increased energy costs or discuss the risks of a carbon tax on electricity and/or animal protein. Moreover, the company fails to disclose the number of financially material events resulting from climate risk during the reporting period.
0.96/3
Disclosure of Financial Material Events & Alignment of CAPEX
The company does not disclose its commitment to align capital expenditures with its GHG targets.
0/1
Deforestation & Biodiversity
2/100
Deforestation/Conversion-free Target - Soy for Animal Feed
0/100
Risk Assessment to Identify High-risk Locations
The company sources soy for animal feed but does not disclose the percentage of feed ingredients this represents. 100% of soy is not sourced from deforestation-free areas or suppliers. The company has not undertaken a deforestation-related risk assessment to identify high-risk sourcing locations.
0/0.5
Strength of Deforestation Commitment
The company does not disclose having a deforestation/conversion-free target for soy.
0/3.25
Transparency - Progress Against Commitment
The company does not report progress against its commitment. Nor did it respond to the CDP Forest Questionnaire in 2022.
0/1.25
Engagement, Monitoring & Traceability - Soy for Animal Feed
10/100
Supplier Engagement
The company promotes and ensures the traceability of soybeans among its suppliers. However, it does not address deforestation in its supplier code of conduct and lacks detail on how it supports achieving traceability.
0.25/1.25
Compliance monitoring & Traceability
The company does not disclose how compliance is monitored or what actions are taken if non-compliance occurs. Furthermore, the company does not disclose the level of traceability in its soy supply chain.
0/3.25
Feed Innovation
The company is working to reduce its reliance on soy as a feed ingredient.
0.25/0.5
Aquaculture Certification (ASC, BAP, GlobalGAP, SSP)
0/100
Proportion of Farms Certified
The company does not disclose whether any of its farms hold relevant certifications.
0/5
Feed Ingredients & Conversion Ratios
0/100
Feed Disclosure
The company does not disclose feed ingredients by percentage, nor does it state if it purchases certified soy and marine animal products. The company does not provide disclosure on forage fish dependency for fish meal and fish oil.
0/2
Performance of Feed Metrics
The company does not disclose information about the sourcing of fishmeal and fish oil used in its feed basket, nor does it specify whether marine and soy ingredients are 100% certified. Furthermore, the company does not provide information on improvements in feed conversion efficiency or its reliance on foraged fish during the reporting period.
0/3
Feed Innovation
0/100
Strategy
The company does not disclose having conducted a risk assessment on how reduced feed availability might impact production. It also lacks a disclosed strategy to increase the use of seafood trimmings or alternative feed ingredients.
0/2.75
Performance
The company does not disclose the percentage of R&D allocated to novel ingredient development. Furthermore, it does not disclose a target related to feed innovation. It also does not disclose the average EPA and DHA content of salmon it produces.
0/2.25
Ecosystem Impacts
0/100
Escapes
The company does not disclose data on escapes, nor does it disclose the financial cost of all escape events or provide a discussion on escapement prevention. Finally, the company does not disclose a time-bound target for zero escapes.
0/3.25
Reducing Biodiversity Impacts
The company does not provide a discussion of work undertaken to reduce biodiversity impacts. It also does not provide a time-bound target to eliminate human-wildlife conflict.
0/1.25
Algal Blooms
The company does not disclose a management plan in the event of algal blooms.
0/0.5
Water Use & Scarcity
3/100
Water Use & Scarcity in Facilities
5/100
Monitoring Water Consumption & Withdrawals
The company recognises water scarcity as a growing global concern, categorising its water resource risk exposure as 'low' in feed production, 'middle' in pig farming, and 'high' in aquatic seed. Management analyses water risk levels across major business segments, identifies risk points, and formulates targeted improvement strategies to mitigate the impact on local water resources and the environment.
The company addresses water scarcity by implementing water-saving measures, such as recycling water in feed production through a wastewater treatment system and establishing a closed-loop water circulation system for breeding. However, it is unclear if a risk assessment has been conducted for processing facilities in water-stressed areas, and the company does not disclose its water consumption.
0.25/0.75
Target to Reduce Water Consumption & Withdrawals
The company does not disclose a time-bound water reduction target to reduce total water withdrawals at facilities in the reporting year.
0/1
Disclosure & Performance of Water Risks in Facilities
The company does not report water withdrawals or consumption by source or by water stress level. It does not disclose water-related CAPEX or OPEX, nor did it respond to the CDP Water Questionnaire.
0/3.25
Water Use & Scarcity in Feed Farming
0/100
Supplier Engagement in Water Use in Feed Farming
The company does not address water usage in its feed supply chain. It does not discuss comprehensive guidance, support, or incentives offered to suppliers/growers on water usage and has not established a partnership with a third party to input into sourcing/farming strategy.
0/2.5
Disclosure of Water Risks in Feed Farming
The company does not disclose feed water intensity or the proportion of feed sourced from water-stressed areas. Furthermore, the company does not provide evidence that it is investing in sustainable feed production from a water-use perspective.
0/2.5
Water Use & Scarcity in Animal Farming
4/100
Supplier Engagement in Water Use in Animal Farming
The company has implemented high-efficiency drinking fountains and optimised sewage treatment processes to mitigate water risk in animal farming, claiming significant water savings. However, it has not published a sustainable agriculture policy addressing water use in animal farming.
The company also does not disclose the proportion of animal protein commodities produced or sourced in water-stressed areas, nor does it provide guidance, support, or incentives to suppliers or growers on water use in animal farming.
0.19/4
Disclosure of Water Risks in Animal Farming
The company does not disclose having established partnerships with third parties to input into sourcing/farming strategy, including water use.
0/1
Waste & Pollution
6/100
Wastewater at Facilities
12/100
Disclosure & Targets for Wastewater Quality & Volume Discharged
The company does not identify facilities that operate in locations with high and medium water stress from a quality perspective. It has not set a quality or volume target for wastewater, nor does it report the number of instances of non-compliance with water quality permits, standards, and regulations.
0/1.5
Transparency on Water Pollution Risks
The company discloses water quality data for only seven of its 557 operating units, limiting its geographic scope. It does not disclose wastewater discharge volumes or provide audit information. Additionally, the company has not responded to the CDP Water Questionnaire for 2023.
0.2/2
Performance on Wastewater Quality & Volume Discharged
The company converts faeces and organic matter into high-quality organic fertilisers using a closed composting reactor, which efficiently ferments and stabilises materials while controlling odours. These fertilisers, compliant with national standards, are supplied to large-scale growers for crops such as sugarcane and vegetables, which then support livestock feed. However, it is unclear if processing by-products are also utilised for this purpose.
The company has reported wastewater quantities for five subsidiaries, noting inconsistencies in pollutant levels, with some increasing and others decreasing from 2022. The geographic scope is specified but limited to certain regions. The company has not reduced the overall volume of wastewater discharged compared to the previous reporting period.
0.4/1.5
Nutrient Management in Feed Farming
0/100
Supplier Engagement in Nutrient Pollution Risks
The company does not address nutrient management in its code of conduct. It does not disclose a requirement for feed suppliers to have a nutrient management plan in place, nor does it provide guidance, support, or incentives to suppliers/growers on nutrient management or fertiliser use in crop production.
0/4
Innovation to Improve Nutrient Management in Feed Farming
The company does not invest in sustainable feed production to improve nutrient management or disclose information about pesticide use in its feed supply chain.
0/1
Manure Management in Animal Farming
10/100
Disclosure of Pollution Risks from Manure
The company has implemented a livestock manure treatment system to convert manure into fertilisers. However, it does not conduct risk assessments to identify high-risk locations.
0.5/1.25
Supplier Engagement in Manure Management
The company does not make site-specific nutrient management plans part of its supplier’s contractual agreement or its own farms management. Nor does it provide technical or financial support to suppliers or its own farms to develop nutrient management plans and improve manure storage.
0/1.5
Innovation to Improve Nutrient Management in Animal Farming
The company does not integrate nutrient management performance into incentive schemes for farmers. It does not discuss innovations in manure or provide evidence of a community engagement plan in relation to pollution.
0/2.25
Nutrient Management in Aquaculture
0/100
Disclosure of Pollution Risks in Animal Farming Operations
The company does not disclose whether it undertakes risk assessments to identify farming locations at high risk of nutrient pollution. Additionally, it does not provide metrics or methods used to measure organic and inorganic loading at these sites, nor does it outline a strategy to prevent the accumulation of organic matter.
0/3.75
Performance on Pollution Management
The company does not disclose the treatment or metrics of effluent pond water. It does not disclose a neutral impact on water or provide evidence of a community engagement plan.
0/1.25
Antibiotics
5/100
Policy on Antibiotics Use
10/100
Policy on Antibiotics Use
The company outlines general initiatives to reduce antibiotic reliance, such as improving animal welfare and developing vaccines, but lacks detailed measures for its major production segments, pork and poultry. Although it mentions over 100 nutritional experiments in aquaculture and highlights general animal welfare areas, it does not specify actions directly aimed at reducing antibiotic usage. Additionally, the company lacks a formal antibiotics policy and does not offer antibiotic-free brands.
0.5/5
Disclosure of Quantity of Antibiotics Used
0/100
Disclosure of Quantity of Antibiotics Used
The company does not disclose the quantity of antibiotics used.
0/5
Animal Welfare
3/100
Animal Welfare Policy
5/100
Welfare Policy
The company aims to provide a comfortable environment for welfare farming by addressing animals' natural needs and ensuring access to food, water and space, while avoiding physical and mental suffering. However, it lacks specific details on implementing these measures across its operations.
The company does not reference the Five Freedoms or provide an equivalent framework applicable to all livestock categories, nor does it state a commitment to engaging and training employees on animal welfare issues.
Furthermore, the company does not outline actions taken in the event of a breach in its animal welfare policy and lacks details on leadership involvement in research and development to advance animal welfare.
0.25/2
Key Welfare Issues
The company does not state a commitment to engaging and training employees on animal welfare issues.
0/3
Assurance & Certification
0/100
Auditing & Assurance by an Animal Welfare Organisation
The company does not disclose information on animal welfare certifications or farm assurance programs.
0/4
Public Reporting on Welfare
The company does not disclose information on animal welfare certifications or assurance programs for its beef operations.
0/1
Performance on Key Material Risks
0/100
Performance on Key Material Welfare Risks by Protein
The company does not disclose information on key animal welfare risks in beef.
0/5
Aquatic Animal Welfare
4/100
Welfare Policy
The company recognises the importance of animal welfare, highlighting health monitoring and safe environments. However, it offers limited detail on specific actions concerning thermal and physical comfort, pain monitoring, and the reduction of fear and stress, particularly in aquaculture. Furthermore, the company does not disclose its handling protocols or the use of higher welfare stunning techniques.
0.17/2
Reporting on Animal Welfare Metrics
The company does not disclose sufficient information to ascertain if it ensures a stocking density of lower than 17 kg/m³ for salmon at all times.
0/2.5
Reporting on Measures to Improve Welfare
The company does not disclose information regarding eye-stalk ablation of shrimp.
0/0.5
Disease Management - All Fish
0/100
Mortality Rates
The company does not disclose mortality rates or incident-based mortality information and has not set a time-bound target for reducing mortality rates.
0/3.5
Disease Outbreak
The company does not disclose incident-based mortality.
0/1.5
Disease Management - Shrimp Aquaculture
10/100
Mortality
The company does not disclose the mortality rate for shrimp.
0/2
Disease Outbreak & Biosecurity
The company does not disclose data on disease outbreaks or biomass lost to such outbreaks over the past three years. It employs an 11-step water filtration process in its shrimp farming, ensuring a controlled and safe environment, and allows for recycling over 90% of the water used. However, the company does not provide details on the use of pond liners across its operations.
0.5/3
Working Conditions
19/100
Human Rights
10/100
Strength of Policy
The company claims to comply with national laws and internationally recognised human rights policies but does not specify which international policies it follows.
0.5/1
Due Diligence Process
The company does not discuss how it monitors, assesses, and mitigates actual and potential human rights risks in its operations or supply chain.
0/3
Evidence of Remediation
The company does not disclose whether it has identified any human rights risks in its operations through human rights due diligence.
0/1
Fair Working Conditions
34/100
Policy for Direct Operations
The company states that it prohibits child labour, forced labour, and discrimination in its operations and provides a fixed salary with market competitiveness. However, the company does not disclose a clear commitment to offer living wage or sick pay.
The company sources fishmeal from suppliers adhering to the International Fishmeal and Fish Oil Organisation Responsible Supply standards, covering non-discrimination, humane treatment, prohibition of forced labour, fair wages, and child labour. It is unclear whether the company requires other suppliers, such as those providing corn and soy, to comply with similar policies.
1.2/3
Monitoring & Discosure
The company has implemented a whistleblowing channel accessible to both internal and external stakeholders. However, it does not disclose the number of grievances reported through these channels, nor does it monitor compliance with selected supply chain policies via audits.
0.5/2
Safety & Turnover Data
10/100
Committee representation of workers
The company is dedicated to ensuring a safe workplace and targets zero accidents, injuries, and losses. It has set up a safety and environmental protection committee to oversee these efforts and create safety guidelines and strategies. However, it does not disclose whether it holds any recognised certifications for health and safety, nor does it clarify how many of its facilities have their own health and safety committees with worker representatives. Additionally, the company does not disclose any assessment of the antimicrobial resistance risk for its workforce.
0.5/2
Disclosure of safety and turnover data
The company does not disclose injury or fatality data for the current reporting or previous year. Nor does the company disclose turnover rates for the reporting period.
0/3
Freedom of Association
20/100
Strength of Policies
The company is based in China, where freedom of association is not legally permitted. It does not describe any measures taken to support rights, nor does it have a publicly available supplier code of conduct.
1/3
Disclosure of Collective Bargaining Metrics
The company does not disclose the distribution of its workforce according to contract type, nor does it state the number of employees covered by collective bargaining agreements or provide a statement supporting its employees' right to bargain collectively.
0/2
Food Safety
10/100
Food Safety System
0/100
Certifications
The company does not disclose whether it has food safety certifications in place, or whether it requires suppliers to have GFSI certifications.
0/3.5
Performance
The company does not report the number or frequency of food safety audits conducted during the reporting year. It also does not specify associated corrective action rates, nor does it disclose whether it has implemented or is in the process of developing consumer-facing technology for food safety.
0/1.5
Product Recalls & Market Bans
20/100
Product Recall Systems
The company does not acknowledge food safety as a material business issue, nor does it disclose that a product recall system is in place. It does not report any data on product recall incidents in the reporting year. Furthermore, it does not provide information on preventive or corrective actions.
0/3
Performance
The company does not disclose information on market bans, including their number and locations, for the reporting year. Additionally, there were no recalls or market bans detected in media sources.
1/2
Sustainability Governance
18/100
Assessment of a Company's Sustainability Governance
18/100
Board Sustainability
The company states that the Board of Directors reviews its sustainable development strategy and promotes related initiatives. It identifies key ESG issues affecting stakeholders and influencing its sustainable development, which have changed from the previous year. These issues include compliance with laws, value for farmers, food safety, employee well-being, emissions reduction, and resource loss. However, the company does not specify whether the board is involved in the assessment.
One Board member, Xueqiao Qian, is involved in research projects related to feed innovation and aquatic animal nutrition, overseeing technology research and development, as well as the animal healthcare business. The company does not disclose any board members with expertise in sustainability or food safety.
0.88/2
Incentives & Policy Engagement
The company does not disclose executive monetary remuneration linked to climate or sustainability performance. Nor has it disclosed engaging with civil or trade associations on ESG issues, providing a comprehensive list of trade association memberships, or aligning any policy engagement activities with the goal of restricting global temperature rise to 1.5°C.
0/2.5
Innovation & Benchmarking
The company does not disclose a strategic approach to sustainability innovation or state whether it benchmarks itself against peers in sustainability and innovation.
0/0.5
Alternative Proteins
0/100
Diversification of Products to Alternative Protein Sources
0/100
Existing product portfolio
The company does not explicitly acknowledge that protein diversification is a material business issue. Furthermore, it has not yet set a time-bound target to diversify protein sources, nor does it report revenue or sales linked to alternative protein sources.
0/2.5
Investing for future growth
The company does not indicate an approach to diversifying its product range to include plant-based and alternative protein options.
0/2.5
Members-only Content
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Workstream Information
2024 Risk Score:
8/100
Level:
High Risk
Ranking:
60/60
Main Protein:
Multiple
Assessed Proteins:
Poultry and eggs, Pork, Aquaculture
Company Feedback Given:
No
Last Updated:
19 November 2024
2024 Resources
2024/25 Company Dialogue Questions 2024/25 Methodology Mandarin Summary | Corporate Biodiversity Footprints 企业生物多样性足迹摘要 Climate Solutions Report Climate Solutions Supporting Information Corporate Biodiversity Footprints - French Webinar Corporate Biodiversity Footprints Webinar Coller FAIRR Protein Producer Index