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CP Vietnam targets 100% IFFO RS certified fishmeal within 2022

CP Foods also reported that 100% of fishmeal used in Thailand’s operations are sourced from the by-products fishmeal which is traceable and sourced from IFFO RS or the IFFO RS IP certified facilities and four of the company’s aquaculture farms in Vietnam have received the ASC certification.
CP Vietnam targets 100% IFFO RS certified fishmeal within 2022

July 4, 2019

 

CP Vietnam Corporation (CPV), an investment arm of Charoen Pokphand Foods Public Company Limited (CP Foods), announced that both by-catch and by-product fishmeal used in the company’s operation will be certified by the Global Standard for Responsible Supply (IFFO RS) or IFFO RS Improver Program (IFFO RS IP) within 2022 to ensure consumers across the world that its products are made from responsible and slavery-free sources.

Dr. Sujint Thammasart, DVM, Chief Operating Officer, Aquaculture Business of CP Foods, told that 100% of by-product fishmeal supplies to CPV’s aquaculture business is now certified IFFO RS. Some of the fishmeal from Vietnam is also shipped to Thailand.

For by-catch fishmeal, CP Foods and CPV are currently taken part in pilot programs of IFFO RS IP to develop a credible criteria for multi species fisheries in Thailand and Vietnam. Moreover, CPV is engaging with local fishmeal producers to encourage them to join IFFO RS IP. The improved program aims at guiding the suppliers with high potential to apply IFFO RS standard toward sustainable practices.

In order to aid them through the application, CPV has encouraged its fishmeal suppliers to apply for sustainable sourcing policy and guidelines for business partners. The policy was launched for its partners in Bangkok and extend to Vietnam in late 2017.

Besides IFFO standards, four of the company’s aquaculture farms in Vietnam have received the Aquaculture Stewardship Council (ASC) Certification, an international certification standard on sustainable seafood production. The remaining farms are preparing to apply for the certificate.

CPV is also working on a digital traceability system in shrimp business, which will enable the company to track its fishmeal supply back to fishing boat.

In Thailand, CP Foods reported 100% of fishmeal used in Thailand’s operations are sourced from by-product fishmeal which is traceable and sourced from IFFO RS or the IFFO RS IP certified facilities and in accordance with CP Foods’ Fishmeal Sourcing Restrictions.  Additionally, the by-product fishmeal must not include species at risk from extinction as defined by the World Conservation Union: IUCN Red List of Threatened Species and be traceable by third party.

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