REG - MHP SE - 2021 MHP Sustainability Report

MHP SEAnnouncement

30/06/2022 14:30

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RNS Number : 8739Q  MHP SE  30 June 2022

 

MHP's Sustainability Report 2021

 

 

Limassol, Cyprus, 30 June 2022 - MHP, one of the leading international
agro-industrial groups, today publishes its 2021 Sustainability Report,
announcing the achievements in areas including sustainability, animal welfare
and product quality and safety.

 

The Report, which is prepared under the internationally recognized standards
of the Global Reporting Initiative, highlights MHP's progress in 2021. It
details our efforts to accelerate progress in ESG by putting in place the
policies, systems and processes to move towards a more responsible and
sustainable business model. Whilst the pace of implementation of some of our
plans has been slowed by the conflict in Ukraine we remain absolutely
committed to maintaining our pre-war trajectory and make a positive
contribution to the Planet.

 

MHP's Responsible Business Strategy is closely aligned with the UN's
Sustainable Development Goals. These include our contributions to end hunger,
achieve food security and improved nutrition whilst promoting sustainable
agriculture.

 

Highlights of the positive steps MHP has taken towards greater sustainability
include:

·      Assessment of the Company's activities, so that MHP can become
carbon neutral by 2030;

·      Continuous reduction of air emissions, including greenhouse gas
emissions;

·      Delivery of a programme to continually reduce waste generation;

·      The delivery of a programme that ensures that water discharges
are free of harmful pollutants;

·      Delivery of a strategy to preserve and conserve biodiversity in
the areas where MHP operates; and

·      Delivery of a plan to reduce the use of energy from non-renewable
sources through increased use of renewable energy.

MHP's plans for 2022 include:

·      To begin the verification of MHP greenhouse gas emissions,
applying a properly accredited independent third-party service.

·      Continue the process of ensuring our suppliers of rapeseed and
corn meet the requirements of the ISCC (International Sustainability and
Carbon Certification) Standard as well as the requirements of Ukrainian
legislation.

·      Continue our dialogue with stakeholders to achieve mutually
beneficial results.

MHP recognises its environmental and social responsibilities and is determined
to demonstrate its business activities meet the expectations of its
stakeholders in addressing the challenges posed by global climate change.

 

The Report can be found here:
https://mhp.com.ua/en/pro-kompaniu/nefinansovi-zviti
(https://mhp.com.ua/en/pro-kompaniu/nefinansovi-zviti)

 

 

- ENDS -

 

Notes to Editors

 

For more information please contact:

 

Anastasia Sobotiuk (Kyiv)

+38 044 207 99 58

a.sobotyuk@mhp.com.ua

 

 

 

 

 

About MHP

 

MHP is the leading producer of poultry products not only in Ukraine, but also
in the Balkans (Perutnina Ptuj Group).

Ukraine: MHP has the greatest market share and highest brand recognition for
its products. MHP owns and operates each of the key stages of chicken
production processes, from feed grains and fodder production to egg hatching
and grow out to processing, marketing, distribution and sales (including
through MHP's franchise outlets). Complete vertical integration practically
eliminates MHP's exposure to raw material price fluctuations since its grain
production exceeds internal consumption requirements, allowing the Company to
be an important participant in the international commodity trade.  In
addition to cost efficiency, vertical integration also enables MHP to maintain
strict biosecurity and to control the quality of its inputs and the resulting
quality and consistency of its products all the way to the point of sale. To
support its sales, MHP maintains a distribution network consisting of nine
distribution and logistical centers within major Ukrainian cities. MHP uses
its own truck fleet to distribute its products, reducing overall
transportation costs and delivery times.

MHP also has a leading grain cultivation business growing corn, soya and
sunflower to support the vertical integration of its chicken production and
increasingly other grains, such as wheat and rape, for sale to third parties.
MHP leases agricultural land located primarily in the highly fertile black
soil regions of Ukraine.

The Balkans: Perutnina Ptuj (PP) is a leading poultry and meat-processing
producer in the Balkans, with production sites in four Balkan countries:
Slovenia, Croatia, Serbia, Bosnia and Herzegovina. PP owns distribution
companies in Austria, Macedonia and Romania and supplies products to fifteen
countries in Europe. PP is vertically integrated across all states of chicken
meat production - feed, hatching eggs production and hatching, breeding,
slaughtering, sausage production and further poultry processing.

MHP trades on the London Stock Exchange under the ticker symbol MHPC.

 

 

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