ANSA McAL Limited

Climate Impact & Sustainability Data (2023)

Total Energy Consumption:121,000 MWh/year

ANSA Packaging increased the volume of glass collected for recycling in Trinidad and Tobago by 91% between 2022 and 2023 to 1,671 tonnes.
The Beverage Sector redirected 2,400,122 kgs of spent malt grains from its CARIB Breweries in Grenada, St. Kitts and Nevis and Trinidad and Tobago from local landfills to farmers as a low-cost additive to supplement animal feed.
In 2023 the Group’s investments generated 121,000 MWh of renewable energy.
Carib Glassworks Limited was recognised in 2023 by the Supplier Leadership on Climate Transition (SLOCT) programme for being able to accurately determine and validate its Scope 1 and 2 greenhouse gas (GHG) emissions.
Recycled over 2,000 metric tonnes of glass, equivalent to 8 million beer bottles and over 3 million pounds of plastic at our plastics manufacturing facilities.

Between 2022 and 2023 there was a 38% reduction in accidents, largely attributed to the recently implemented Safe Systems of Work training, with more than 2,400 persons completing the programme.
An assessment of gender equity remuneration showed that across the five major job levels the pay was equal in two of the levels, and with a difference of 4-6% in the three others, two of which were in favour of women.
Launched the Contractors’ Academy, a platform dedicated to training contractors in the proper application of our products.

ANSA McAL established a Sustainability Committee in 2023, with representatives from every sector in the Group as well as Head Office, with the aim to collaboratively advance the sustainability agenda across the Group.
The ANSA McAL Playbook & Risk Standard was launched. The Standard defines the minimum requirements of the Group's risk management processes for maximum effectiveness.
The Board of Directors surpassed its target of 51% independent director representation, achieving 54% in 2023.

Long-term Goals:

Medium-term Goals:

achieve 25% business volumes in adult Low to No Alcohol/alcohol free portfolio by 2027

Short-term Goals:

Input material cost increases and freight costs continued to impact our core business operations, especially in the first half of the year, with some moderation seen toward the fourth quarter.
Geopolitical risks returned to centre stage for investment and credit risk, with the war between Israel and Hamas, the prolonged Russia-Ukraine conflict and ongoing US-China tensions.
Domestic markets continue to be challenged by a shortage of US dollars.

Leveraging our in-house supply chain agility and expanded supplier relationships
Ensuring robust contracts are in place and closely monitoring inventory levels and reserves.
Leveraging the capacity of its regional and international operations as well as longstanding relationships with strategic partners, to negotiate terms that foster sustainable alliances.
Maintained a heightened allowance for credit losses.

Supplier Audits: 80% of A-class vendors provided evidence of sustainability policies and initiatives

Frameworks Used: SASB, GRI

Certifications: ISO 14001, ISO 45001, FSSC 22000, ISO 9001: 2015, TTCS 2:2020, TTS 588:2015

The report details how various initiatives contribute to these goals.

Eco-friendly green alternative colorant for Berger premium decorative paints
Water-based paints that are low in Volatile Organic Compounds for metal protection applications

Excellence in Governance award at EUROCHAMTT’s inaugural Sustainability Champion Awards
Overall Sustainability Champion 2024 Award (Large Companies) by EUROCHAM
Best Corporate Governance Conglomerate in the Caribbean (2021)
Company of the Year for Excellence in Enterprise Risk Management (2022)