Climate Change Data

Terra Creta S.A

Climate Impact & Sustainability Data (2019-2020)

Reporting Period: 2019-2020

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:80.7%
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:1.32 kg CO2e/kg of olive oil

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced water consumption by 50% in olive oil production (2020 vs 2019)
  • Reduced energy intensity of electricity by 10% in olive oil production (2020 vs 2019)
  • Achieved 80.7% green certificate for energy used
  • Reduced climate footprint by 33% compared to average Greek BIO EVOO

Social Achievements

  • 100% of staff participated in training programs in 2020
  • 78.5% staff satisfaction for workplace safety in 2020
  • 100% recruitment from the local community

Governance Achievements

  • Implementation of a holistic food safety management system (FSMS)
  • Zero incidents of child labor, gender inequality, or immoral behavior
  • Successful external inspections (food safety) 100%

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • 65% of Terra Creta olive oil from Integrated Management or Organic sources
  • 100% energy autonomy by installing photovoltaics by 2025
  • Reduce emissions of pollutants to less than 2kg CO2e / kg of product
Short-term Goals:
  • 10% reduction in drinking water consumption
  • 100% electricity with green certificate and guarantees of origin by 2022
  • Zero waste to landfill

Environmental Challenges

  • Climate change
  • Maintaining high quality and biological value of olive oil
Mitigation Strategies
  • Sustainable olive growing management practices with Farmer Teams
  • Investment in research and development of products of special specifications
  • Continuous improvement of sustainable cultivation indexes

Supply Chain Management

Supplier Audits: Annual assessment of suppliers based on quality and sustainability indexes

Responsible Procurement
  • Collaboration with domestic suppliers (92.1%)
  • Integration of sustainable development indexes in supplier assessment

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: ISO 14001:2015, ISO 22000:2005, ISO 9001:2015, Agro 2-1 & 2-2 (GR20-34-0221), GlobalGAP

Third-party Assurance: TÜV AUSTRIA Hellas

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Grand Cru olive oil

Awards & Recognition

  • Numerous awards for quality olive oil