Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Installed cogeneration systems at the Collecchio and Zevio plants in Italy to improve energy conservation and environmental efficiency.
• Launched numerous programs to reduce consumption and waste, carefully monitoring the performance of its plants.

Social Achievements

• Implemented programs to provide support and economic, cultural and social development in the communities where it operates through various initiatives, including product donations and partnerships with charitable associations and foundations in Italy, Australia and Canada.
• Commitment to train talented young resources globally.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Negative macroeconomic context characterized by modest and uneven growth, crisis situations in some emerging countries, volatility in the foreign exchange system, and a decrease in the cost of milk due to excess production of raw milk.
• Slowing of the Chinese economy and reduction in commodity demand and prices.
• Unfavorable macroeconomic context in Brazil (negative GDP, currency devaluation, political scandals).
• Increased competition with aggressive pricing policies from competitors, leading to lower purchases of branded products.
• Concentration in the distribution sector, increasing negotiating power of counterparties and demands for discounts and promotions.
• Difficulties integrating recently acquired companies due to geographic and cultural differences.
• Difficulties recruiting skilled personnel in developing countries.
• Challenges in protecting product integrity and maintaining organoleptic properties throughout the supply chain, especially in countries with underdeveloped infrastructure.
• Increased environmental regulations impacting manufacturing activities.

Mitigation Strategies

• Growth strategy focused on consolidating organic growth and implementing carefully selected acquisitions in strategically significant geographic areas.
• Investment plan to optimize and innovate processes, expand production capacity, improve raw material use and product quality, energy efficiency, sustainability, and occupational safety.
• Implementation of efficiency enhancement plan.
• Development of lasting and balanced relationships with commercial partners.
• Technological innovation and focus on quality standards to increase consumer loyalty.
• Active engagement in organizational structure design, competency transfer, key resource identification, and internal reporting to facilitate integration of acquired companies.
• International mobility programs, employee empowerment programs, and performance-based incentive systems to attract and retain skilled personnel.
• Projects to improve the supply chain.
• Programs to reduce consumption and waste, monitoring plant performance.

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