Dole plc
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental sustainability
- Ethical sourcing
- Social responsibility
- Nutrition
Environmental Achievements
- 4% reduction in overall Scope 1 and Scope 2 global emissions from 2020 to 2021 (mainly due to new cargo vessels)
- Installation of two 2.8-megawatt wind turbines at a U.S. manufacturing facility
- Installation of 120 kWp solar panels at an Irish facility
- Addition of five new electric utility tractor rigs at a U.S. port terminal
- 20 banana operations certified by the Alliance for Water Stewardship, with plans to expand by 50% by 2030
- Awarded Origin Green Gold membership by the Irish Food Board for sustainability performance
Social Achievements
- Business Multidimensional Poverty Index award for a social development initiative in Costa Rica
- Dole Local Grower Academy launched in Europe to support growers
- Ongoing support of the Incredible Edibles Program in Ireland, teaching 50,000 school children annually to grow produce
Governance Achievements
- Commitment to the Science Based Initiative (SBTi) and setting emissions reduction goals by the end of 2023
Climate Goals & Targets
Long-term Goals:
- Net zero emissions
Medium-term Goals:
- Expand Alliance for Water Stewardship certification by 50% by 2030
- Achieve notable waste reduction in harvesting and processing systems by 2030
- Set short and long-term company-wide emissions reduction goals by the end of 2023, to be achieved by 2030 and beyond
Short-term Goals:
- 100% recyclable or compostable packaging by 2025
Environmental Challenges
- Adverse weather conditions impacting crop yields and supply chains
- Crop diseases and pests, including Tropical Race 4 (TR4) affecting bananas
- Product contamination and product liability claims
- Increased costs for purchased fruit, vegetables, fuel, paper, and other commodities due to inflation
- Global supply chain disruptions
- Public health outbreaks
- Geopolitical risks and conflicts
- Labor disruptions
- Compliance with environmental laws and regulations
- Litigation related to past pesticide use (DBCP)
- Cybersecurity threats
Mitigation Strategies
- Continuous monitoring of TR4 and implementation of prevention strategies
- Development of contingency plans for TR4, including potential use of TR4-resistant banana plants
- Enhanced sanitation and testing procedures following product recalls
- Price increases to mitigate increased costs
- Identification of operational efficiencies
- Business continuity plans
- Investments in more efficient vessels and renewable energy sources
- Implementation of optimized water practices
- Development of a sustainability farming framework
- Global biodiversity monitoring program
- Commitment to making 100% of Dole packaging recyclable or compostable by 2025
- Investment in local social impact projects and food donations
- Remediation efforts to address material weakness in internal control over financial reporting
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Adverse weather conditions
- Natural disasters
Transition Risks
- Climate change laws and regulations
- Carbon pricing programs
Awards & Recognition
- Origin Green Gold membership
- Business Multidimensional Poverty Index award