ACI Agribusiness
Climate Impact & Sustainability Data (2014, 2016)
Reporting Period: 2014
Environmental Metrics
ESG Focus Areas
- Community Development
- Environmental Sustainability
- Health and Hygiene
- Women Empowerment
- Agricultural Development
Environmental Achievements
- Initiatives to reduce environmental impact by recycling Savlon glass bottles.
- Promoting climate-smart agriculture in the coastal belt of Bangladesh, leading to a 10-15% increase in land for crop diversity and adoption of high-yielding varieties.
Social Achievements
- Adopting 20 villages, providing 32 arsenic-free tube wells, and promoting small income-generating initiatives resulting in 5636 kg of vegetable production.
- Organizing free eye and medical camps, providing treatment to thousands and free eye surgery to ten cataract patients.
- Raising awareness regarding female health and hygiene through campaigns and mini-pavilions at trade fairs.
- Collaborating with ShornoKishoree Network Foundation to raise awareness among adolescent girls on reproductive and sexual health, personal hygiene, and safe motherhood.
Governance Achievements
- ACI is a founding member of the UN Global Compact and follows its ten principles on human rights, labor, environment, and anti-corruption.
- ACI is an ISO 14001 certified organization, demonstrating commitment to environmental management.
Climate Goals & Targets
Long-term Goals:
- Projects for protecting the environment in the long term and for equal generation of income for rural people through projects like Neem Village.
Medium-term Goals:
- Implement market linkage programs for women empowerment.
- Introduce environmentally safe pesticides and create market linkage for farmers.
Short-term Goals:
- Continue and expand Adopt a Village and waste management projects.
Environmental Challenges
- Arsenic contamination of drinking water in several villages.
- Low income levels in target areas.
- Low sanitary napkin penetration rate in Bangladesh leading to health issues among women.
- Salinity and submergence affecting agricultural productivity in the coastal belt.
Mitigation Strategies
- Providing 32 arsenic-free tube wells.
- Promoting small income-generating initiatives and increasing crop yields through training and provision of quality seeds and fertilizers.
- Conducting awareness campaigns on female health and hygiene.
- Developing and promoting stress-tolerant seeds for crops suitable for the coastal belt, along with training and support for farmers.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Global Compact, ISO 26000
Certifications: ISO 14001
Reporting Period: 2016
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:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Sustainable Farming
- Food Security
- Conservation of Natural Resources
- Sustainable Rural Development
Environmental Achievements
- Floating gardens, a unique hydroponics system, designated as Globally Important Agricultural Heritage Systems by FAO for innovation, sustainability, and adaptability. The system utilizes natural resources of wetlands, has no toxic effects, and is less prone to pest attacks. Platform residues are reused as organic fertilizers.
Social Achievements
- Increased income for participating families (up to 400% in some areas during post-flood months). Increased arable land for smallholder and landless farmers. Increased nutritional security of poor families. ACI Agribusiness won 1st prize at the National Vegetable Fair 2016 for effective participation and demonstrating advanced technologies in agriculture.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Multi-faceted issues in agriculture, including environmental and economic challenges, and climate change.
Mitigation Strategies
- Promoting floating gardens as a sustainable and adaptable farming system. Developing purple blotch tolerant onion varieties through molecular breeding. Promoting balanced fertilization through training programs and demonstrations.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Flooding
Transition Risks
- Not disclosed
Opportunities
- Floating gardens as an adaptive response to frequent flood events.
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 2 (Zero Hunger)
- SDG 13 (Climate Action)
- SDG 1 (No Poverty)
Floating gardens contribute to food security, climate change adaptation, and poverty reduction.
Sustainable Products & Innovation
- Floating gardens
- Purple blotch tolerant onion varieties
Awards & Recognition
- 1st prize at the National Vegetable Fair 2016