Climate Change Data

Environmental Metrics

ESG Focus Areas

• Water reduction
• Recycling and waste reduction

Environmental Achievements

• Implemented water reduction projects and programs across GSMI, EPSBPI, and DBI plants since 2017, amounting to P0.7 million and P5.8 million in 2019 and 2018 respectively. These included equipment installation and process modifications.
• Improved garbage collection and material recovery facility to decrease solid waste.
• Second-hand bottles account for 56% of total bottles used in 2019 due to retrieval programs.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Volatility of local supply and prices of molasses.
• Changes in regulations and actions by national or local regulators in the Philippines resulting in increased competitive pressures (e.g., excise tax increases).

Mitigation Strategies

• Regular monitoring of molasses and alcohol requirements and covering them with forward supply contracts.
• Importation of alcohol when local supply is insufficient.
• Price increases in products and improvements in manufacturing cost to cushion the effect of excise tax increases.

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

• Economic Performance
• Anti-corruption
• Resource Management (Energy, Water, Materials)
• Ecosystems and Biodiversity
• Employee Management
• Diversity and Equal Opportunity
• Employee Training and Development
• Labor-Management Relations
• Occupational Health and Safety
• Labor Laws and Human Rights
• Supply Chain Management

Environmental Achievements

• 39.85% reduction in scarce non-product water usage in manufacturing plants
• Recovery of at least 20% of the company’s plastic footprint through offsetting with plastic credits
• Reduction of energy consumption by 1,858 GJ (Electricity Reduction 1,858 GJ)
• DBI achieved a 32% decrease in its plant water index (liter of water consumption per liter of produced alcohol) since 2017

Social Achievements

• Various employee engagement and work-life integration programs implemented to manage attrition
• Specialized training and leadership programs to enhance employee competence
• Clear communication channels for employees to raise concerns and give feedback
• A safe and healthy work environment conducive for individual and collective growth
• Average of 64.2 training hours per employee for the full year

Governance Achievements

• 100% of employees and business partners have been communicated the organization’s anti-corruption policies and procedures
• 100% of directors and management have received anti-corruption training

Climate Goals & Targets

Environmental Challenges

• Competitor risks
• Regulatory risks
• Raw material supply/price risks
• Currency risks
• Credit risks
• Climate-related risks (typhoons, drought, supply chain disruptions)
• Water stress in some locations
• Depletion of non-renewable resources (glass bottles)
• Potential for labor disputes
• Occupational hazards
• Risks related to supply chain disruptions
• Non-compliance with environmental regulations

Mitigation Strategies

• Sustaining brand relevance, keeping attuned to market trends, and pursuing product innovation
• Adhering to laws and regulations, increasing product prices, and improving manufacturing efficiency
• Close monitoring of raw material requirements, forward supply contracts, and broadening supply sources (importation)
• Active and prudent management of foreign exchange
• Credit approvals, limits, and monitoring procedures; collateral or master netting agreements
• Optimum physical inventory and multi-continent sourcing of raw materials
• Water Resource Management (WRM) Program, water reduction programs, water recycling and re-use
• Bottle retrieval programs, use of second-hand bottles (65% in 2023)
• Systematic solid waste management procedures, Material Recovery Facility (MRF)
• Occupational Safety and Health (OSH) Management System, safety training, regular audits
• Supplier screening and accreditation, supplier performance evaluation
• Strict implementation of environmental regulations, pollution control officers, ISO 14001:2015 EMS certification

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier accreditation policy (confidential)
• Supplier Code of Conduct (SMC group)

Climate-Related Risks & Opportunities

Physical Risks

• Typhoons
• Drought

Transition Risks

• Changes in government regulations

Opportunities

• Investing in renewable energy sources

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: ISO 14001:2015 (Cabuyao, Sta. Barbara, Mandaue, and Ligao plants)

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

• River rehabilitation
• Biodiversity preservation
• Community development
• Renewable energy integration
• Environmental preservation

Environmental Achievements

• River cleanup covering 115 km of river channel and removed about 6.7 million metric tons of silt and waste from various rivers.
• Inauguration of Saribuhay sa Dampalit, the Philippines’ first Biodiversity Offset Program.

Social Achievements

• Better World Smokey Mountain community center providing long-term programs supporting families.
• Manila International Airport (MIA) Biodiversity Offset Program supporting local livelihoods.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

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