SUCDEN, raw materials, sugar trading, Corporate Social Responsibility, sustainable development, commodity trade, environmental impact, Tereos, Archer Daniels Midland, Bunge, Cargill, Louis Dreyfus
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Abstract
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Abstract
SUCDEN is a company specializing in the trade and industrial production of raw materials such as sugar, cocoa, and coffee, committed to Corporate Social Responsibility.
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[...] Comparative Analysis of the RSE Practices of a Competitor Company The French competitor of SUCDEN, Tereos, has implemented since 2015, a roadmap in the field of RSE called strategy for a sustainable future'. In order to improve their social and environmental footprint, this strategy is structured around 5 pillars: sustainable but performing agriculture, a positive industry that reduces its water consumption, support for the local development of companies, ensuring the health and safety of employees, and finally developing innovative solutions to meet the nutritional needs of their customers. [...]
[...] On a global scale, the company employs nearly 5,000 people in over 26 countries, with a strong trend of presence within the CEI (Inter-governmental regional forum bringing together 17 member states of Central, Eastern and South-Eastern Europe). In terms of assets, the company owns 4 sugar refineries hectares of land ships and offices in 25 countries. 3. Main activities of the company SUCDEN is a company specialized in trade and industrial and agricultural production of raw materials such as sugar, cocoa, coffee, ethanol, grains and oilseeds. The sugar activity remains the main activity of the company. [...]
[...] As a result, SUCDEN equips itself with increasingly respectful procedures, particularly in the context of the extraction of raw materials and the environments around these raw materials. In the context of these objectives in terms of sustainable development, the company sets up awareness and training plans for its employees, particularly during the integration of new suppliers and in the decision-making process regarding employee transportation. In addition, the company subscribes to environmentally respectful standards, particularly in the Russian sector where 4 sugar beet processing companies exist. [...]
[...] Its services have also evolved in the brokerage activity (bringing together two actors who wish to establish a contractual relationship) or in the sphere of support for commercial and technological innovations. B. Company Environment 1. Market Environment In terms of environment, the sugar trading sector is a sector that is doing well and recording record profits in recent years, despite existing threats to food and energy security worldwide, due to environmental incidents related to climate change. We have seen Sucres and Denrées' activities expanding globally and is therefore very dependent on events that can occur in different regions of the world. [...]
[...] This war had major impacts on raw materials prices and their availability. 2. Major Competitors Until 2021, the company SUCDEN was directly competing with major global agricultural trading giants involved in international commodity trade such as American Archer Daniels Midland, Bunge and Cargill or French Louis Dreyfus or Tereos. The 5 companies deployed their activities internationally and were major players in the sugar trading world. These 4 companies generated in 2021, a net profit of $10.3 billion for total revenues of $328 billion, all activities combined. [...]
