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ESG integration
and implementation

  • ESG INTEGRATION INTO BUSINESS OPERATION

  • STAKEHOLDER ENGAGEMENT

  • MATERIALITY MATRIX

  • PROGRESS OF ESG IMPLEMENTATION
    OVER 2020- 2022

ESG integration into
business strategy

In order to realize business goals and relentlessly create sustainable values for society, GREENFEED has rejuvenated its management thinking and integrated sustainable development goals into business strategy which are considered based on three aspects:

  1. Creating lasting value through investing in the drivers of sustainability

  2. Creating shared values

  3. Environmental management

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Stakeholder engagement

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The Vietnam Business Council for Sustainable Development (VBCSD) is an organization that brings together leading enterprises in sustainable development, committed to accelerating the domestic sustainable development roadmap
International Finance Corporation is a member of the World Bank Group and global development institution working to promote sustainable development in developing countries, including Vietnam
Partnership for Sustainable Agriculture In Vietnam (PSAV) enforces new visions for agriculture
PIC is a global leading company in gene marking technology, providing gene solutions that ensure productivity and profit for pig producers

ESG management and
material topics

Material topics are analyzed based on their impact on business operation across value chain, from raw materials, animal feed, farm operation, food processing, to product distribution.
MATERIALITY MATRIX IMPACT ON DECISIONS OF STAKEHOLDERS ECONOMIC, ENVIRONMENTAL AND SOCIAL IMPACT ON GREENFEED Low Medium High Critical Low Medium High Critical 9 8 5 6 7 1 2 3 4 18 15 17 16 10 11 12 14 13 19
Material topics are categorized into economic, environmental, and social pillars to fully reflect
stakeholders’ levels of interests; adding topics of indirect economic impact, assessment of
suppliers’ performance on social, environmental animal welfare management. Material topics are
referenced with the United Nations' 17 Sustainable Development Goals (SDG).
STRATEGIC
PILLARS
KEY MATERIAL TOPICS
REFERENCE
TO 17 SDGs
SUPPLY CHAIN
Raw
Materials
Production
Distribution
Consumer
SUSTAINABLE
ECONOMY
AND SUPPLY
CHAIN
1 Direct economic impact
2Indirect economic impact
3Sustainable sourcing
4Ethics and integrity
5Digital transformation
6Consumer health & safety
7Quality assurance
8Animal welfare
9Production optimization
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SUSTAINABLE
WORKFORCE
AND
COMMUNITY
15Employment and benefits
16Training and education
17Diversity and inclusion
18Occupational health and safety
19Community development
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SUSTAINABLE
ENVIRONMENT
10Raw materials
11Energy and emission
12Waste
13Water and wastewater
14Environmental compliance
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High
Medium
Low
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