Qingdao Richen Food Co LtdQingdao Richen Food Co Ltd - ESG Rating & Company Profile powered by AI

Industry Group:Food Processing

Full ESG assessment of Qingdao Richen Food Co Ltd are reached by signing up for free. Alternative companies in the rating industry group for Qingdao Richen Food Co Ltd are shown. This page includes a Q&A table on Qingdao Richen Food Co Ltd.

Qingdao Richen Food Co Ltd in the Food Processing industry gained a UN SDG ESG Transparency Score of 1.5; made up of an environmental score of 1.0, social score of 0.0 and governance score of 3.4.

SDG Transparency Score for Qingdao Richen Food Co Ltd 

1.5

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Qingdao Richen Food Co Ltd 
1.0

Environmental

0.0

Social

3.4

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Associated British Foods PLC
9.0
High
2Hormel Foods Corp
8.7
High
.........
975Sibirskiy Gostinets PAO
1.6
Low
975Punjab Oil Mills Ltd
1.6
Low
987Qingdao Richen Food Co Ltd
1.5
Low
987Al Eid Food Company KSCP
1.5
Low
987Binggrae Co Ltd
1.5
Low
1259Zaklady Miesne Myslaw SA
0.0
Low
1259Zaklady Tluszczowe Kruszwica SA
0.0
Low
.........
View the full peer group of 1845 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Qingdao Richen Food Co Ltd have an accelerator or VC vehicle to help deliver innovation?

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Does Qingdao Richen Food Co Ltd disclose current and historical energy intensity?

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Does Qingdao Richen Food Co Ltd report the average age of the workforce?

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Does Qingdao Richen Food Co Ltd reference operational or capital allocation in relation to climate change?

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Does Qingdao Richen Food Co Ltd disclose its ethnicity pay gap?

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Does Qingdao Richen Food Co Ltd disclose cybersecurity risks?

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Does Qingdao Richen Food Co Ltd offer flexible work?

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Does Qingdao Richen Food Co Ltd have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Qingdao Richen Food Co Ltd disclose the number of employees in R&D functions?

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Does Qingdao Richen Food Co Ltd conduct supply chain audits?

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Does Qingdao Richen Food Co Ltd disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Qingdao Richen Food Co Ltd conduct 360 degree staff reviews?

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Does Qingdao Richen Food Co Ltd disclose the individual responsible for D&I?

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Does Qingdao Richen Food Co Ltd disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Qingdao Richen Food Co Ltd disclose current and / or historical scope 2 emissions?

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Does Qingdao Richen Food Co Ltd disclose water use targets?

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Does Qingdao Richen Food Co Ltd have careers partnerships with academic institutions?

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Did Qingdao Richen Food Co Ltd have a product recall in the last two years?

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Does Qingdao Richen Food Co Ltd disclose incidents of discrimination?

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Does Qingdao Richen Food Co Ltd allow for Work Councils/Collective Agreements to be formed?

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Has Qingdao Richen Food Co Ltd issued a profit warning in the past 24 months?

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Does Qingdao Richen Food Co Ltd disclose parental leave metrics?

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Does Qingdao Richen Food Co Ltd disclose climate scenario or pathway analysis?

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Does Qingdao Richen Food Co Ltd disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Qingdao Richen Food Co Ltd disclose the pay ratio of women to men?

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Does Qingdao Richen Food Co Ltd support suppliers with sustainability related research and development?

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Does Qingdao Richen Food Co Ltd disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Qingdao Richen Food Co Ltd reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Qingdao Richen Food Co Ltd involved in embryonic stem cell research?

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Does Qingdao Richen Food Co Ltd disclose GHG and Air Emissions intensity?

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Does Qingdao Richen Food Co Ltd disclose its waste policy?

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Does Qingdao Richen Food Co Ltd report according to TCFD requirements?

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Does Qingdao Richen Food Co Ltd disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Qingdao Richen Food Co Ltd disclose energy use targets?

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Does Qingdao Richen Food Co Ltd disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Qingdao Richen Food Co Ltd have a policy relating to cyber security?

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Potential Risks for Qingdao Richen Food Co Ltd
These potential risks are based on the size, segment and geographies of the company.

Qingdao Richen Foods Co., Ltd. engages in the research and development, production, and sale of compound seasonings for food processing and catering companies in China. It offers liquid and powder seasonings, sauces, powder coatings, paste coatings, and other products. The company's products are used in various types of barbecue, fried food, and prepared food production. It provides services to the catering market, as well as a range of product solutions for various supermarkets and catering chain enterprises under the Taste Story brand; and export food processing companies of poultry products, aquatic products, vegetable products, etc. The company exports its products primarily to Asia, Europe, and the United States. Qingdao Richen Foods Co., Ltd. was founded in 2001 and is based in Qingdao, China. Qingdao Richen Foods Co., Ltd. is a subsidiary of Qingdao Boya Investment Holding Co., Ltd.

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