Climate Change Data

Environmental Metrics

ESG Focus Areas

• Governance
• Compliance

Governance Achievements

• Implemented a Global Anti-Money Laundering and International Trade Compliance Policy to supplement the general provisions set out in the Company’s Code of Business Conduct.
• Established procedures for reporting potential violations and seeking advice.
• Implemented a recusal process for U.S. Persons involved in potentially sanctionable transactions.

Climate Goals & Targets

Environmental Challenges

• Compliance with complex and evolving anti-money laundering (AML) laws and international trade regulations across various jurisdictions.
• Risk of involvement in transactions violating U.S. and EU sanctions.
• Potential for tax evasion by counterparties.

Mitigation Strategies

• Developed a Global Anti-Money Laundering and International Trade Compliance Policy.
• Established pre-approval requirements for high-risk transactions and dealings with sanctioned countries.
• Implemented risk assessments, transaction monitoring, and due diligence protocols.
• Included compliance clauses in contracts with business partners.
• Provided training and guidance to employees on AML and international trade compliance.
• Established reporting channels for potential violations.

Supply Chain Management

Responsible Procurement

• Responsible Sourcing Policy with provisions on anti-money laundering and international trade law compliance.

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced water consumption by 3.63 Hl/Hl std in 2019 to 3.20 Hl/Hl std in 2020. Target for 2025 is 2.50 Hl/Hl std.
• Reduced daily water consumption by 0 hl/day in vacuum pumps and pasteurizers and 260 hl/day in the PET line compressor, resulting in annual savings of $11,292.16.
• Recovered 64,000 Nm3 of biogas per month, equivalent to 7,300 gallons of bunker fuel monthly and a reduction of approximately 415 tons of CO2 emissions annually.
• Introduced the first 100% electric cargo truck in Panama, driven by a woman, contributing to reduced carbon emissions in freight transport.
• Signed contracts with AES Panama and Celsia to increase renewable energy usage.
• Implemented Recicla por Tu Futuro program to promote recycling and reduce waste.

Social Achievements

• Donated over $111,000 in products and invested over $1 million in implementing a plant for the production of biosanitary masks to help alleviate needs during the health crisis.
• Invested over $3 million in expenses, adaptations, COVID-19 tests, vitamins, nebulizations, market baskets, cleaning and safety kits, and medical follow-up for employees.
• Invested over $360,000 in the Paisano Seguro project to protect business partners.
• Created a digital platform (TiendaCerca.Pa) to help people locate nearby stores, avoiding unnecessary travel.
• Implemented a mandatory program to strengthen employees' knowledge of harmful alcohol consumption and smart drinking practices.
• Launched a global policy against domestic violence: #alzalavoz.

Governance Achievements

• Adopted ABInBev's global governance mechanisms and policies, aligned with high standards of integrity, business ethics, and transparency.
• Implemented a global reporting system for employees and third parties to report violations of laws or policies anonymously.
• Zero cases of corruption, legal actions related to unfair competition, contributions to political parties, discrimination, or non-compliance with regulations.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic significantly impacted production volume (-34.4% for beer and -17.1% for sodas compared to 2019), supply chain disruptions, and financial repercussions.

Mitigation Strategies

• Employees adapted quickly to challenges and demonstrated commitment to achieving goals.
• Implemented measures to ensure employee health and safety during the pandemic (e.g., infrastructure adaptations, biosafety supplies, COVID-19 testing, vitamins).
• Provided support to employees and their families (e.g., food baskets, Mini Súper móvil).
• Launched Tienda Cerca platform to support small businesses and ensure safer shopping for consumers.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct, emphasis on human rights, fair labor practices, and environmental protection.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• ODS 3, 6, 7, 8, 10, 11, 12, 13, 14, 16

Initiatives are aligned with various UN Sustainable Development Goals.

Sustainable Products & Innovation

• Atlas Golden Light, Corona Ligera, Michelob Ultra (low-alcohol beers)

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Human Rights
• Labor Standards
• Workplace Safety
• Environmental Management
• Business Integrity

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• self-assessment questionnaires and third-party on-site audits

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact