Regal Springs
Climate Impact & Sustainability Data (2023, 2024-01 to 2024-06)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Replaced diesel generators on net-pen farms with solar panels, reducing carbon emissions and noise.
- Removed over 11 tons of water hyacinths and over 200 bags of garbage in Honduras.
- Planted 16,000 trees and protected 9,470 hectares of forest in Honduras.
- Reforested 15 hectares with 12,000 native trees in Mexico's Ocote Biosphere Reserve.
Social Achievements
- Supported 237 students in Indonesia with school equipment packages.
- Supported 35 honorarium teachers in Indonesia with basic needs packages.
- Empowered 2 MSMEs in Indonesia, benefiting 27 people.
- Provided 4,000 books to 4,000 students in Honduras.
- Supported 65 employees in completing elementary school education in Mexico.
- Provided over 1,000 supplementary food packages per month to prevent malnutrition in Indonesia.
- Organized a blood donation and free circumcision event in Indonesia, benefiting over 260 people.
- Improved public health center facilities in Indonesia, benefiting approximately 600 people.
- Provided tilapia meat to prevent stunting in Indonesia, benefiting over 2,500 people.
- Improved health centers in Honduras, benefiting over 28,000 people.
- Supported medical brigades in Honduras, benefiting over 900 people.
- Provided food to shelter houses and the 14th Infantry Battalion in Honduras, providing more than 10,500 portions of fish per year.
Governance Achievements
- Received the FUNDAHRSE seal in Honduras, recognizing commitment to social and environmental health.
- All stakeholders signed an MoU in Mexico to ensure a productive relationship for the benefit of all actors involved in the aquaculture sector within the Malpaso region.
- Regal Springs Mexico received the “Company Respectful of Human Rights” award.
Climate Goals & Targets
Environmental Challenges
- Invasive water hyacinths negatively impacting lake ecosystems.
- Need to manage organic sedimentation from aquaculture.
- Maintaining road infrastructure in rural areas.
Mitigation Strategies
- Implemented water hyacinth management programs.
- Developed specific techniques to gain better insights about particle fluxes and the condition of the sediment.
- Supported local authorities to maintain and repair roads.
Supply Chain Management
Responsible Procurement
- Ensuring sustainable practices throughout the supply chain.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ASC, BAP
UN Sustainable Development Goals
- Goal 3: Good Health and Well-being
- Goal 4: Quality Education
- Goal 6: Clean Water and Sanitation
- Goal 13: Climate Action
- Goal 8: Decent Work and Economic Growth
Regal Springs' initiatives contribute to these goals through various community development programs, environmental protection efforts, and sustainable aquaculture practices.
Awards & Recognition
- FUNDAHRSE seal in Honduras
- Company Respectful of Human Rights award in Mexico
Reporting Period: 2024-01 to 2024-06
Environmental Metrics
Waste Generated:2000 kg (Honduras)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Removed more than 2,000 kg of waste from Lake Cajón and its surrounding area in Honduras.
- Donated 10 water hyacinth chopping machines and assisted in removing invasive plants and solid waste from canals in Lake Toba, Indonesia, improving water access for over 500 people across a 50-hectare area.
- Launched the “Natural Additions” division, aiming for 100% by-product utilization by 2030.
Social Achievements
- Provided over 12,000 meals to address malnutrition in Indonesia.
- Provided basic medicines to over 9,000 people in Honduras.
- Delivered over 11,000 food packages to prevent malnutrition in Indonesia.
- Showcased sustainable aquaculture processes to 77 university students in Honduras.
- Helped transform rooms in a Honduran primary school into a healthier learning environment for 140 children.
- Supported a meeting to improve primary education in Chiapas, Mexico.
Governance Achievements
- Signed a memorandum of understanding (MoU) with two Indonesian universities for greater transparency and accountability.
- Rolled out an ethical trading policy to over 50 suppliers.
- Renewed BAP certification for farm, hatchery, and processing plant in Indonesia.
- Uphold ASC farm certification and renewed BAP processing plant certification in Mexico.
Climate Goals & Targets
Medium-term Goals:
- 100% by-product utilization by 2030
Environmental Challenges
- Difficult living conditions in communities surrounding operations.
- Access to healthcare in rural areas of Honduras.
- High rates of stunting in Indonesia.
- Learning poverty in Honduras.
- Poverty and low education enrollment rates in Chiapas, Mexico.
Mitigation Strategies
- Providing food and medicine to communities.
- Supporting educational initiatives.
- Collaborating with local governments and organizations.
Supply Chain Management
Supplier Audits: Over 50 suppliers on board with ethical trade policy
Responsible Procurement
- Ethical trading policy
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- SDG 2.2
- SDG 3.2
- SDG 3.8
- SDG 4
- SDG 4.a
- SDG 6.6
- SDG 8.3
- SDG 8.9
- SDG 11.6
The report details how various initiatives contribute to these goals.
Sustainable Products & Innovation
- Natural Additions