Climate Change Data

ASR Group

Climate Impact & Sustainability Data (2021-10 to 2022-09)

Reporting Period: 2021-10 to 2022-09

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:36%
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Decarbonization
  • Resource Conservation and Circularity
  • Sustainable Agriculture
  • Sustainable and Ethical Supply Chain
  • Employee and Community Engagement
  • Governance, Communication and Reporting

Environmental Achievements

  • Reduced STO miles by 15% compared to FY21.
  • Increased freight shipped through SmartWay carriers from 82% to 90%.
  • Achieved 99.3% diversion from landfill across operations.
  • 36% of net energy production derived from renewable sources.
  • Provided more than 283 thousand megawatt hours of electricity to surrounding municipal utility systems, of which more than 259 thousand megawatt hours were from renewable sources.

Social Achievements

  • Paid more than $3 million (USD) in Fairtrade Premiums to Fairtrade-certified Small Producer Organizations.
  • Launched a Menopause Support Policy in the U.K.
  • Launched the “Learn to Grow” program in Belize and Mexico.
  • Implemented the Responsible Sourcing from Small Landholders in the Philippines Sugar Sector (RSS) program.
  • Launched the Women Farmers Field School in Belize.

Governance Achievements

  • Conducted a new Materiality Assessment.
  • Developed our Climate Action Roadmap.
  • Publicly declared decarbonization ambitions with the Science Based Targets Initiative (SBTi).
  • Completed a comprehensive product life cycle analysis (pLCA).

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero carbon emissions by 2050.
  • Ensure 100% of packaging is reusable, recyclable or renewable by 2035.
Medium-term Goals:
  • Become carbon neutral globally by 2040.
Short-term Goals:
  • Reduce Scope 1 and 2 emissions by 50% by 2030.
  • Reduce potable water usage by 55% by 2030.
  • Reduce total solid waste stream by 25% by 2030.
  • Reduce STOs by 25% by 2025.

Environmental Challenges

  • War in Eastern Europe created price shocks throughout global supply chains, sending energy prices higher and limiting access to fertilizer.
  • Rising inflation caused stress on all links within the value chain.
  • Growing number of extreme weather events.
  • Operational inefficiency and aging infrastructure in some refineries slightly increased net GHG emissions (Scope 1 & 2) compared to FY21.
Mitigation Strategies
  • Developed a long-term strategy focusing on energy-efficient technologies and sustainable agriculture practices.
  • Exploring opportunities from the Inflation Reduction Act, Cap and Trade, and Carbon Tax funds.
  • Reinforcing relationships with NGOs and financial institutions to obtain assistance from the Green Climate Fund.
  • Strengthening continuous improvement and reliability programs with a 3% annual emissions reduction target at all sites.
  • Planning large innovation projects to implement modern and efficient production technologies.

Supply Chain Management

Supplier Audits: 79% of raw sugar assessed using CSR verification tools.

Responsible Procurement
  • Ethical Sourcing Policy
  • Code of Ethics and Business Conduct
  • Supplier Code of Conduct
  • Third-party social audits

Climate-Related Risks & Opportunities

Physical Risks
  • Hurricanes
  • Tornadoes
  • Heatwaves
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Investment in green energy
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Domino® Easy Baking Tub

Awards & Recognition

  • Bonsucro Inspire Award for Best Social Sustainability Initiative