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Sustainability – Environmental, Social and Governance

Our Approach

We believe that the thoughtful management of environmental, social, and governance (ESG) issues is smart business and see it as an essential part of long-term success in a rapidly changing world. Cambodian Mango Farms is committed to farming responsibly by integrating material ESG considerations into our farming operations.

Companies that carefully manage ESG risks and opportunities today should be better situated in the future as diminishing resources, changing consumer demands, and increased regulation are expected to pose greater challenges and opportunities.

We will continue to thoughtfully approach the ESG opportunities and challenges that we face and look forward to finding new ways to create sustainable value for both our customers and our investors.

Certifications

UN Sustainable Development Goals

The UN Sustainable Development Goals (SDGs) are the blueprint to achieve a better and more sustainable future for all. They address the global challenges we face, including those related to poverty, inequality, climate, environmental degradation, prosperity, and peace and justice.

At Cambodian Mango Farms we endeavor to align our business practices with the UN SDG’s.

IFC’s Performance Standards on Environmental and Social Sustainability

The IFC’s Performance Standards are aimed for project developers, providing guidance on how to identify risks and impacts, and are designed to help avoid, mitigate, and manage risks and impacts as a way of doing business in a sustainable way, including stakeholder engagement and disclosure obligations of the project developer in relation to project-level activities. In the case of its direct investments (including project and corporate finance provided through financial intermediaries), IFC requires its clients to apply the Performance Standards to manage environmental and social risks and impacts so that development opportunities are enhanced. IFC uses the Sustainability Framework along with other strategies, policies, and initiatives to direct the business activities of the Corporation in order to achieve its overall development objectives.

Global G.A.PGlobal G.A.P.

Global G.A.P. provides certification for agricultural companies demonstrating Good Agricultural Practice. They a global organization with a crucial objective: safe, sustainable agriculture worldwide. They set voluntary standards for the certification of agricultural products around the globe–and more and more producers, suppliers and buyers are harmonizing their certification standards to match. GLOBAL G.A.P. members create private sector incentives for agricultural producers worldwide to adopt safe and sustainable practices to make this world a better place to live in for our children. The majority of retailers in today’s markets require certain standards that ensure safe and sustainable agriculture, and GLOBAL G.A.P. Certification is highly regarded as a very reliable standard for demonstrating on-farm food safety and sustainability.  So by complying with the GLOBAL G.A.P. Control Points and Compliance Criteria (CPCC), producers can sell their products both locally and globally.

Status: Certification in progress

Rainforest AllianceRainforest Alliance

The green frog certification seal indicates that a farm, forest, or tourism enterprise has been audited to meet standards that require environmental, social, and economic sustainability.

In order to become certified, farms must meet criteria set by the Sustainable Agriculture Network (SAN), a coalition of leading conservation groups that work to promote sustainability agriculture. The SAN standard encompasses all three pillars of sustainability—social, economic, and environmental. Rainforest Alliance Certified™ farms are audited regularly to verify that farmers are complying with the SAN standard’s comprehensive guidelines, which require continual improvement on the journey to sustainable agriculture. The SAN standard is built on these important principles of sustainable farming:

  • Biodiversity conservation
  • Improved livelihoods and human wellbeing
  • Natural resource conservation
  • Effective planning and farm management systems

Status: Certification in progress

(Principles for Responsible Investment

PRI

The PRI (Principles for Responsible Investment) is the world’s leading proponent of responsible investment.

It works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The PRI acts in the long-term interests of its signatories, of the financial markets and economies in which they operate and ultimately of the environment and society as a whole.

The PRI is truly independent. It encourages investors to use responsible investment to enhance returns and better manage risks, but does not operate for its own profit; it engages with global policymakers but is not associated with any government; it is supported by, but not part of, the United Nations.

Status:  Signatory

Global Food Safety InitiativeGlobal Food Safety Initiative

The Global Food Safety Initiative (GFSI) is an industry-driven initiative providing thought leadership and guidance on food safety management systems necessary for safety along the supply chain. This work is accomplished through collaboration between the world’s leading food safety experts from retail, manufacturing and food service companies, as well as international organisations, governments, academia and service providers to the global food industry. They meet together at technical working group and stakeholder meetings, conferences and regional events to share knowledge and promote a harmonized approach to managing food safety across the industry. GFSI is facilitated by The Consumer Goods Forum (CGF), a global, parity-based industry network, driven by its members.

Status: Certification in progress

BRC Global Standard

BRC Global Standard for Food Safety

BRC Global Standard for Food Safety is developed by food industry experts from retailers, manufacturers and food service organisations to ensure it is a rigorous and detailed, yet easy to understand the BRC Global Standard.

First published in 1998 it is now in its 7th issue and well established globally defined by many leading global specifiers.

It provides a framework to manage product safety, integrity, legality and quality, and the operational controls for these criteria, in the food and food ingredient manufacturing, processing and packing industry.

The BRC Global Standard focuses on:

  • The importance of management commitment
  • HACCP (Hazard Analysis and Critical Control Point) based food safety programmes
  • Quality management systems
  • Auditing good manufacturing processes – it is not just a paperwork audit
  • Auditing areas which often have the highest rate of product recalls and withdrawals, such as labelling and packing
  • Developing systems to reduce exposure to food fraud
  • Ensuring consistency of the audit process
  • Providing a BRC Global Standard that is portable enough to allow Additional Modules to be added to reduce audit burden
  • Promoting greater resilience, transparency and traceability in the supply chain

Status: Certification in progress