Environmental, social and governance (ESG)

It is our belief that companies DO well when they ACT well.


At ABF we believe that a rigorous commitment to ethical conduct and sustainable business practices, combined with entrepreneurial flair and the carefully targeted application of capital, is the best way to create value on an enduring basis. We have a clear sense of social purpose, high standards of integrity and a firm commitment to operating under high standards of corporate citizenship. We strive to be a good and supportive neighbour and we recognise our wider obligations to society as a whole.

For us, ESG isn’t simply about risk management. It provides a framework for the relationship between company and society that strengthens our businesses and creates opportunity and value over time – to become better businesses.

We also believe that we have a moral obligation to deliver financial resilience. Our stakeholders including investors, shareholders, customers, employees, suppliers and partners rely on ABF to be financially capable of making the right judgements, at the right time and for the long term not just the short term.

We are focused on responsible business across our value chain:

In our supply chain

Together with our suppliers, from large businesses to smallholder farmers, we are working hard to build more equitable, ethical and sustainable supply chains.

In our operations

We are cutting carbon emissions in our manufacturing operations, making them more energy efficient, and using resources such as water in more circular ways to reduce the impact of serving our customers.

For our people

Our people are exceptional, an increasingly diverse global family of amazing individuals who drive our success. We benefit every day from the breadth of their backgrounds, ideas, opinions and skills. We invest in their development and prioritise their safety, health and wellbeing.

For our products, customers and communities

We are here to help people thrive by providing safe, nutritious, accessible and affordable food and clothing that is great value for money. 


For an overview of responsible business in action at ABF 

ESG investor days
 

Watch our recent ESG investor events to hear more about our approach and work on Environmental, Social and Governance topics.

Annual Report

Here you can find our current and previous Annual Reports and Accounts.

 

Responsibility Update

Read about the positive role we play, both socially and environmentally in our latest Responsibility Update.
 

Responsibility downloads

Here you can find our current and previous corporate Responsibility Reports, our policies and our Modern Slavery and Human Trafficking Statements.


ABF is also committed to reporting against the requirements of the Taskforce for Climate-related Financial Disclosure (TCFD) and we are working to produce our first disclosure by the end of our 2022 reporting period. Please click here to find our preliminary disclosure statement.

Our performance is assessed externally by the following Environmental, Social, Governance (ESG) rating agencies.

 

Our ESG performance

ABF is a constituent company in the FTSE4Good Index Series.

In 2020, ABF received an AA rating (on a scale of AAA-CCC) from MSCI in its ESG Ratings assessment.

In 2021, ABF was rated 28 out of 362 companies in its industry sector by Refinitiv.

As of the last update in March 2020, ABF was rated 90 out of 567 companies in its industry sector by Sustainalytics.

In 2021, ABF was ranked 6/40 in our sector by Vigeo Eiris. www.vigeo-eiris.com.

In 2020, ABF was rated B for climate change, B for water security and C for forests (for the categories timber, palm and soy) by CDP.


Our use of cookies

We use necessary cookies to make our site work. We’d also like to set optional analytics cookies to help us improve it. We won’t set optional cookies unless you enable them. Using this tool will set a cookie on your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookie policy


Analytics cookies

We’d like to set Google Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone.

For more detailed information about the cookies we use, see our Cookie policy

: