COFCO International launched its first sustainability report. Titled ‘meeting tomorrow’s demand’, the report outlines the company’s progress in 2017 made towards its vision of becoming a world-class agri-business positioned to provide the food the world needs in a responsible way.

COFCO International, the overseas agriculture business platform for COFCO Corporation, China's largest food and agriculture company, launched its first sustainability report at the end of June. The report highlights the company’s performance across five sustainability pillars: upholding standards; taking care of our people; managing our environmental impact; connecting supply and demand responsibly; and building strong communities. Key 2017 accomplishments across the five pillars include: • Achieving 82% renewable energy use across its global operations • Geo-mapping and screening 955,000 hectares of soy farms in the Amazon and Cerrado • Benefitting 14,419 people through community programs in Brazil, Argentina and Romania “Sustainability is defined as a core value of COFCO International and forms an integral part of our business strategy, as we work to strengthen our direct commodity sourcing capacity in key producing countries and expand our presence in rapidly growing demand markets”, said Johnny Chi, CEO of COFCO International. “This first report outlines our commitment to transparency and shows how we are engaging stakeholders to overcome sustainability challenges facing the agroindustry,” he added. The 2017 report has been prepared using the internationally recognized Global Reporting Initiative (GRI) standards. More than 12,000 organizations globally follow these common sustainability reporting standards.