Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Implemented 20 energy efficiency projects at Trier location, aiming to reduce external electricity consumption by 15% with a planned photovoltaic system.

Social Achievements

• Increased employee count to 1393 (from 1255), highlighting growth and inclusion of Rindchen’s Weinkontor. Maintained a high percentage of female employees (41% company-wide). Offered company shares to employees at favorable prices; over half of eligible employees participated.
• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to a production facility defect (Robby Bubble), resulting in delivery limitations and product recalls in four export countries.
• Increased raw material prices (especially wine grapes) due to below-average harvests, necessitating price increases.
• Growing economic uncertainties in key markets (US trade policy, Brexit).

Mitigation Strategies

• Effective crisis management systems limited the financial impact of the production defect.
• Implemented price increases across all operational sub-groups to offset raw material cost increases.
• Continued focus on export activities and diversification of markets to mitigate economic uncertainties.

Supply Chain Management

Supplier Audits: Audits conducted at wine suppliers.

Responsible Procurement

• Careful selection of raw materials and suppliers, ongoing monitoring and evaluation of suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 50001 (energy management in German production sites), IFS Food, BRC (various production sites)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Light Live (alcohol-free sparkling and wine), Robby Bubble (children's drink)

Awards & Recognition

• Rindchen’s Weinkontor awarded “Best Wine Wholesaler International” at the Berlin Wine Trophy 2018.
• Schloss Wachenheim won three gold medals, including one “Grand Gold”, at the Concours Mondial de Bruxelles 2018.

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced energy consumption through various projects, including expansion of photovoltaic system at Trier location.
• Implemented energy management system and ISO 50001 certification at German production sites.

Social Achievements

• Maintained a diverse workforce with approximately 43% women in the overall workforce and 39% at Schloss Wachenheim AG.
• Offered employee stock purchase plan, with around half of eligible employees participating.
• Supported various charitable projects and initiatives in their home regions.

Governance Achievements

• Implemented a comprehensive compliance management system to ensure legal and ethical conduct.
• Established anonymous reporting channels for suspected or actual violations.
• Board and executive oversight of ESG initiatives.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to the war in Ukraine and the COVID-19 pandemic.
• Increased energy and raw material prices.
• Reduced consumer spending due to inflation and economic uncertainty.

Mitigation Strategies

• Developed alternative sourcing strategies.
• Implemented measures to switch to alternative energy sources.
• Implemented cost-cutting measures.
• Increased marketing and advertising activities.

Supply Chain Management

Responsible Procurement

• Careful selection of suppliers and raw materials, ongoing monitoring and evaluation of suppliers.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Alcohol-free sparkling wines and wines

Environmental Metrics

ESG Focus Areas

• Energy efficiency
• Resource saving
• Minimising pollutant emissions
• Product safety
• Sustainable growth

Environmental Achievements

• Ongoing implementation of various individual projects to reduce energy demand and enhance energy efficiency in all group companies.
• Comprehensive quality management system in all production sites to ensure product safety and conformity.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Rise in raw material and energy prices leading to price increases and lower sales volumes in Germany.

Mitigation Strategies

• Price increases implemented to offset rising raw material and energy costs.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental issues
• Employee interests
• Product safety and quality management
• Social issues
• Compliance (including respect for human rights and combating corruption and bribery)

Environmental Achievements

• Implemented various individual projects to reduce energy requirements at the Trier site, including the renewal of steam generators in Trier and Wachenheim and the replacement of the heating control system. Put into operation a photovoltaic system with an output of around 1.0 MWp at the production site in Bilgoraj/Poland.
• Production facilities in Germany are certified according to ISO 50001.

Social Achievements

• Maintained a diverse employee structure, with around 38% women at Schloss Wachenheim AG and 43% across the Group.
• Offered various opportunities for employee further education and qualifications.
• Implemented measures to design the workplace for employees with health restrictions.
• Supported the “Don’t drink and drive” campaign and the “Wine in Moderation” initiative.

Governance Achievements

• Implemented comprehensive quality management in all group companies to ensure product safety and customer requirements.
• Implemented compliance management to ensure legally compliant and honest behavior of all management bodies and employees.
• Established anonymous reporting channels for suspected or actual violations of laws, regulations, and internal guidelines.

Climate Goals & Targets

Environmental Challenges

• Difficult overall economic environment with weak consumer sentiment and increased cost of living.
• Price increases for wine and other raw materials.
• Declining sales volumes in France and Germany.
• Increased competition in the retail sector.
• High dependence on fewer but larger customers.
• High price awareness of consumers.
• Currency fluctuations affecting local purchase prices and margins.
• Risks from unexpected changes in the law regarding the manufacture, quality, and marketing of products.

Mitigation Strategies

• Long-term supplier relationships and diversification of purchasing sources.
• Global purchasing strategy and longer-term supply contracts.
• Continuous monitoring of relevant markets and trends.
• Early purchasing and building up safety stocks.
• Intensification of cooperation with suppliers.
• Measures to switch to alternative energy sources.
• Hedging transactions to mitigate currency fluctuations.
• Regular contact and exchange of views with government authorities and active participation in industry associations.
• Comprehensive quality management and insurance to limit risks.
• Ongoing checking and monitoring of the creditworthiness and payment behavior of customers.
• Use of factoring and securing receivables by collaterals.

Supply Chain Management

Responsible Procurement

• Ongoing monitoring and evaluation of selected suppliers.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Dealcoholized products

Awards & Recognition

• Light Live named top brand of 2024 in the “wine-based beverages” category by the Lebensmittelzeitung (LZ).