Century Pacific Managers Cited
Century Pacific Food, Inc. (PSE: CNPF), one of the largest branded food companies in the Philippines, ranked top 3 among Asia ex-China consumer staples companies in the Institutional Investor’s (II) 2021 All-Asia Executive Team buy-side survey in Best CEO and Best ESG categories.
II Research is a global leader in corporate and investment research, a top source of independent performance validation and qualitative market intelligence for corporates and investment professionals globally.
II Research’s All-Asia Executive Team surveys are one of the most prestigious and highly anticipated rankings referred to by financial institutions. 2021 marked its first year of reporting Mainland China and Rest of Asia results separately.
This year, 4,084 analysts participated in the survey, nominating 1,438 companies and 2,690 individuals across 18 sectors. “We at Century Pacific are both honored and grateful to be recognized by the investing community,” said Ted Po, CNPF’s Chief Executive Officer.
“As stewards of our investors’ capital, we aim to consistently deliver positive results and conduct business sustainably and with integrity,” he continued. Po stood at the helm of CNPF as the Company navigated through the pandemic in 2020.
Under his leadership, CNPF registered double-digit growth last year and continued on its growth streak with a strong start in the first quarter of 2021 despite a high base last year. The Company also accelerated its ESG initiatives during this time.
Sustainability is central to CNPF’s growth strategy, with its framework anchored on Protein Delivery, People Development, and Planet Preservation. Key initiatives under these pillars include the creation of healthier, better-for-you products, natural resource management, environmental footprint reduction, and community development programs.
In 2020, CNPF forayed into the nascent plant-based segment with the launch of unMeat, the first large-scale 100% plant-based brand in the Philippines. The Company aims to democratize plant-based food by providing consumers with a healthy, better-for-the-planet, and vegan-friendly protein source that is significantly more affordable than those offered by other international players.