Sustainability

Century Pacific Food, Inc (CNPF), one of the largest branded food companies in the Philippines, now enables consumers to help support coconut farmers in Mindanao, as well as assist in ensuring long-term coconut supply and improvements in the environment thru the offset of carbon dioxide emissions.

The Company has contracted close to 70,000 doses through tripartite agreements between the Philippine government, the private sector, and vaccine manufacturers. These shall be administered for free, on a voluntary
basis, to all CNPF employees nationwide, and in full compliance with the Department of Health’s (DOH) guidelines on the vaccination roll out.

Under what is coined the “Aling Tindera” (roughly translated to “Auntie Seller”) initiative, PCEx incentivizes women-owned sari-sari stores to become collection points for post-consumer plastic waste. Primary among these incentives is increased income opportunity and additional livelihood for these women micro-entrepreneurs.

Century Pacific Food, Inc. (PSE: CNPF), one of the Philippines’ leading food companies, was recognized for “Best ESG” in the Philippines in Institutional Investor’s All-Asia Executive Team 2020 rankings.

Two companies under the Century Pacific Group (CPG) are now officially “plastic-neutral”, fulfilling a goal set in 2019 to help manage its post-consumer waste.

Both Century Pacific Food (CNPF) and Shakey’s Pizza Asia Ventures (PIZZA) have marked their first year of being “100 percent plastic-neutral” last January 2020, following a push in 2019 to be “plastic-neutral” by 2020.

It’s the long-running joke about family-owned and managed corporations among wealth managers: The first generation makes it, the second generation spends it while the third generation blows it.

Companies like the SM Group, Century Pacific Food Inc., Lucio Tan Group and Bounty Fresh Food Inc., however, are determined to not be a punch line in Philippine corporate history.

The companies, Century Pacific Food (CNPF) and Shakey’s Pizza Asia Ventures (PIZZA), alongside Republic Cement, have agreed to co-process post-consumer plastic waste, converting these to energy as an alternative fuel in producing cement.

Tui yi bu, hai kuo tian kong, rang yi bu, feng ping lang jing,” says Century Pacific Group founder and chair Ricardo S. Po, reciting a Chinese adage.

A memorandum of agreement was signed by Mr Ricardo S Po, Chairman Emeritus, Century Pacific Group-RSPO Foundation Inc*, and Father President Jose Ramon T Villarin SJ, Ateneo de Manila University, to establish the Ricardo S Po Professorial Chair for Excellence in Business, an endowment for faculty development in the Ateneo de Manila University, starting in School Year 2018-2019.