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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:
For an overview of responsible business in action at ABF
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.
ABF is a constituent company in the FTSE4Good Index Series.
In 2021, 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 2021, CDP rated ABF as C for climate change, B for water security and for forests, B- for palm oil, C for timber and C for soy.