Climate Change Data

ED&F Man Commodities Limited

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:15,608,123 tCO2e/year
Renewable Energy Share:16%
Total Energy Consumption:64,037,385 MWh/year
Water Consumption:412,714 m3/year
Waste Generated:254,120 tons/year

ESG Focus Areas

  • Environmental Stewardship
  • Improving Lives
  • Responsible Sourcing

Environmental Achievements

  • 13% reduction in carbon emissions from across the Commodities Group in FY23
  • 15 percent decrease in the use of fossil energy
  • 26 percent drop in water used for processing products
  • elimination of all coal use across the business
  • 40 percent increase in renewable energy use since FY22
  • 12 percent reduction in total Scope 1 and 2 emissions since FY22
  • 26 percent reduction in total water use since FY22

Social Achievements

  • Implementation of more than 50 impact projects in producer communities
  • Rolling out a plan to become a ‘zero lost time accident organisation’ by continuously improving employee safety and well-being
  • Continuing to implement activities to promote Equity, Diversity, and Inclusion (EDI) policy

Governance Achievements

  • Reporting under the Taskforce for Climate-related Financial Disclosures (TCFD) framework for the first time

Climate Goals & Targets

Long-term Goals:
  • Zero lost time accidents by 2030
Medium-term Goals:
  • Achieve 100 percent of compost made from pulp returned to farming areas by early 2024
  • Plant over one million native trees in coffee-producing regions by 2027
Short-term Goals:
  • Compliance with the EU regulation on deforestation-free products (EUDR) by the end of 2024

Environmental Challenges

  • Increased Cost of Raw Materials due to extreme weather events
  • Changes in precipitation patterns and extreme variability in weather patterns
  • Supply chain disruption including changes to logistical routes
  • Asset destruction (physical structure viability), employee availability
  • Reduced availability of resources in certain parts of the world
  • Changes in crop production seasons impacting the financial planning
Mitigation Strategies
  • Diverse portfolio of products offered
  • Research and business development teams in place to investigate alternative sources of supplies
  • Business continuity plans and business insurance in place
  • Asset light operations
  • Diverse portfolio and geographical spread of products offered
  • Utilisation of in-depth market knowledge to anticipate and remediate the impact on supply chains
  • Geographical diversification of our suppliers to minimise regional impacts

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Increased severity of extreme weather events
  • Changes in precipitation patterns and extreme variability in weather patterns
Transition Risks
  • Increased cost to customers or reduced profit margin
  • Supply chain disruption including changes to logistical routes
Opportunities
  • Expand or change traded products to take advantage of market opportunities or lesser availability of current commodities
  • Focus on value-added products and services
  • Reduction of operational costs

Reporting Standards

Frameworks Used: GRI, TCFD

Awards & Recognition

  • Finalist in the World Sustainability Awards
  • Runner up in the Bonsucro Inspire Awards
  • Shortlisted for the SEDEX Responsible Business Award