Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced energy intensity tCO2e per million rand revenue (scope 1 and 2) to 26.62 from 34.04 in 2014.
• Lightweighting of many products (e.g., bread crate, milk bottle, food cans, aluminum beverage cans).
• Installation of a water harvesting system at Nampak Glass.

Social Achievements

• Achieved 58% black management representation in South Africa (meeting target).
• Spent R23.5 million on training and development.
• Launched "Keep a girl in school" initiative, reducing absenteeism.
• Supported 31 bursars and partnered with schools for youth development.

Governance Achievements

• Inclusion in FTSE/JSE Russell Responsible Investment Index Series.
• Independent assessment according to FTSE4Good criteria.
• Employs Tip-offs Anonymous for reporting and investigating corruption.

Climate Goals & Targets

Environmental Challenges

• Water scarcity and availability impacting the supply chain.
• Raw material shortages.
• Climate change risks (resource shortages, severe weather, logistics interruptions).
• Maintaining employment equity targets, particularly for black female and black disabled representation.

Mitigation Strategies

• Comprehensive production forecasting.
• Research and development of lightweighting packaging solutions.
• Increased focus on recycling.
• Incorporating water-saving solutions into manufacturing processes (water harvesting system, borehole).
• Disciplined injection of talent to grow female representation in management.

Supply Chain Management

Supplier Audits: Over 40 customer-specific site audits; SEDEX audits.

Responsible Procurement

• Enterprise and Supplier Development Programme

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather events
• Resource shortages
• Logistics interruptions

Transition Risks

• Changes in crop yields
• Impact of changing ocean currents on fish stocks
• Water scarcity

Opportunities

• Increased demand for beverages
• Recycling opportunities
• Using more recycled materials
• Water-saving solutions

Reporting Standards

Frameworks Used: GRI, FTSE4Good, King Code on Governance (King III), United Nations Global Reporting Index, International Integrated reporting Council (IIRC) Six Capitals, United Nations Global Compact, International Labour Organisation, UN Protect, Respect and Remedy Framework for Business and Human Rights, CDP

Certifications: ISO 14001 (Bevcan Nigeria), OHSAS 18001 (18 operations), ISO 14000 and OHSAS 18000 (6 Nampak UK sites), BRC (8 operations), FSSC 22000 (Megapak Zimbabwe and Nampak Zambia)

Third-party Assurance: Carbon Calculated (for carbon footprint, independently verified according to ISO 14064-3)

Sustainable Products & Innovation

• Lightweight packaging

Awards & Recognition

• Environmental sustainability award at the 2017 Education Week Awards

Environmental Metrics

ESG Focus Areas

• Sustainable Packaging
• Business Ethics
• Transformation
• Health and Safety
• Corporate Social Investment
• Environment
• Climate Change
• Water Security
• Employment Equity

Environmental Achievements

• Registered with producer responsibility recycling programmes in South Africa.
• Ongoing assessment of BPA-NI coatings to comply with EU legislation.
• Continuing evaluation and qualification of new tinplate and aluminium suppliers.
• Broad use of FEA modelling in light-weighting of plastic packaging.
• Extensive use of 3D modelling capability for customers on new packaging designs.
• Installation of a water treatment plant in Angola.

Social Achievements

• Contributed R6.0 million to the YES4Youth programme.
• Provided temporary employment for 100 employees.
• Successfully negotiated wage increases with trade unions without industrial action.
• Spent R32 million on training and development.
• Supported 14 bursars.
• Provided developmental support to enterprise and supplier development beneficiaries through the South African Supplier Diversity Council.

Governance Achievements

• Maintained Level 2 B-BBEE Contributor status.
• Employs Tip-Offs Anonymous for reporting and investigating corruption.
• Improved employment equity, although targets not fully met.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting business and employee lives.
• Trade union opposition to employee vaccinations.
• Need to reduce costs and improve productivity in the Metals cluster leading to retrenchments.
• Challenges related to water scarcity across the supply chain.
• Eskom grid emissions negatively impacting Nampak's carbon footprint.

Mitigation Strategies

• Implemented safety measures to protect employees during COVID-19.
• Allowed employees to work from home where practical.
• CEO and executives actively encouraging vaccinations.
• Cost reduction and productivity improvement initiatives.
• Reviewing strategic objective in respect of renewable energy utilisation.
• Evaluating associated risks to sustainability during risk assessments.
• Incorporating water-saving solutions into manufacturing processes.

Supply Chain Management

Responsible Procurement

• Early invoice settlements to suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Shortages of resources
• Severe weather events
• Logistics interruptions

Transition Risks

• Changes in weather patterns impacting crop yields and fish stocks
• Raw material shortages
• Water scarcity

Opportunities

• Increased demand for beverages
• Opportunities to use more recycled materials
• Incorporating water-saving solutions into manufacturing processes

Reporting Standards

Frameworks Used: GRI, King IV, UN Global Compact, International Integrated Reporting Council (IIRC) Six Capitals, International Labour Organisation, UN Protect, Respect and Remedy Framework for Business and Human Rights, CDP

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2015, FSSC 22000 V5.1, FSC

Third-party Assurance: Catalyst Verification Solutions (Pty) Ltd (CVS) (limited assurance on Scope 1 and 2 emissions)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Human Rights
• Gender Equality
• Sound Governance
• Sustainable Development Goals (SDGs 3, 5, 8, 9, 12, 13)

Environmental Achievements

• Reduced total water consumption in operations.
• Developed lightest weight PET plastic bottle.
• Committed to the Science Based Targets initiative (SBTi).
• Reduced Scope 1 and 2 GHG emissions.
• Working towards net-zero emissions.
• Supporting renewable energy developments in South Africa.

Social Achievements

• Secured a two-year wage settlement without strike action.
• Contributed R6.2 million to the YES4Youth programme.
• Strategic partnership with Amathuba Collective to address youth unemployment.
• Improved employment equity, although targets not fully met.
• Maintained labour stability.

Governance Achievements

• Aligned executive KPIs and remuneration to ESG performance.
• Maintained Level 2 B-BBEE contributor status.
• Employs Tip-Offs Anonymous for confidential reporting of misconduct.
• No environmental non-compliance notifications received.

Climate Goals & Targets

Environmental Challenges

• Climate change risks: resource shortages, severe weather, logistics interruptions.
• Water scarcity challenges across the supply chain.
• Meeting employment equity targets.
• Commodity price fluctuations impacting emissions intensity.

Mitigation Strategies

• Production forecasting with customers.
• Extending shelf-life of food and beverages.
• Developing lighter-weight products and using recycled materials.
• Incorporating water-saving solutions in manufacturing (e.g., water treatment plant in Angola).
• Ongoing engagement with stakeholders and risk assessments.
• Continued focus on employment equity initiatives.

Supply Chain Management

Responsible Procurement

• Early invoice settlements to suppliers.
• Partnership with South African Supplier Diversity Council (SASDC) for ESD solutions and B-BBEE support.

Climate-Related Risks & Opportunities

Physical Risks

• Resource shortages
• Severe weather events
• Logistics interruptions

Opportunities

• Increased demand for beverages
• Recycling opportunities
• Using more recycled materials
• Developing light-weight packaging solutions

Reporting Standards

Frameworks Used: GRI Standards, King IV Report on Corporate Governance, UN Global Reporting Index, International Integrated Reporting Council (IIRC) Six Capitals, International Labour Organisation, UN Protect, Respect and Remedy Framework, CDP Climate Change and Water disclosure, JSE sustainability disclosure guide

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2015, FSSC 22000 V5.1

Third-party Assurance: Technological Environmental Project Manager Pty Ltd (TEPM) - Limited assurance on Scope 1 and 2 emissions

UN Sustainable Development Goals

• 3
• 5
• 8
• 9
• 12
• 13

Nampak considers all 17 SDGs but specifically focuses on goals 3, 5, 8, 9, 12, and 13.

Sustainable Products & Innovation

• Aluminium beverage cans
• Paper cartons
• Light-weight PET bottles

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Economic Development
• Sustainable Packaging
• Human Rights

Environmental Achievements

• Reduced Scope 1 and 2 GHG emissions from 297,496 tCO2e in 2022 to 251,561 tCO2e in 2023.
• Launched lightest weight PET plastic bottle.
• Committed to the Science Based Targets initiative (SBTi).

Social Achievements

• Continued support for the Youth Employment Service (YES) Programme, contributing R5.7m in 2023.
• Maintained contributor status level 2 in Broad-Based Black Economic Empowerment (B-BBEE).
• Spent R33 million on training and development.

Governance Achievements

• Linked executive KPIs and remuneration to ESG performance.
• Employs Tip-Offs Anonymous for reporting and investigating corruption.
• No environmental non-compliance notifications received in 2023.

Climate Goals & Targets

Environmental Challenges

• Raw material shortages
• Water scarcity
• Climate change impacts on agriculture and logistics
• Global pressure to reduce carbon emissions

Mitigation Strategies

• Design and testing of lighter weight products
• Increased focus on recycling
• Development of sustainable packaging
• Collaboration with suppliers and customers on decarbonization
• Water treatment plant installed in Angola
• Investment in solar PV electricity generation

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Early invoice settlements to suppliers
• Enterprise and Supplier Development Programme

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather events
• Resource shortages
• Logistics interruptions

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Increased demand for beverages
• Recycling opportunities
• Use of recycled materials
• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, King IV, UN Global Reporting Index, IIRC Six Capitals, CDP Climate Change and Water disclosure, JSE sustainability disclosure guide

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2015, FSSC 22000 V5.1, FSC

Third-party Assurance: Technological Environmental Project Manager Pty Ltd (TEPM) (limited assurance on Scope 1 and 2 emissions)

UN Sustainable Development Goals

• 3, 5, 8, 9, 12, 13

Not disclosed

Sustainable Products & Innovation

• Aluminium beverage cans
• Paper cartons
• Light-weight PET bottles

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Human Rights
• Gender Equality
• Governance
• Sustainable Development Goals (SDGs 3, 5, 8, 9, 12, 13)
• Economic Impact
• Supplier Development
• Youth Employment

Environmental Achievements

• Reduced GHG emissions (Scope 1 & 2): from 251,561 tCO2e in 2023 to 134,326 tCO2e in 2024. Reduced GHG emissions intensity from 15.1 tCO2e/R'million revenue in 2023 to 13.5 tCO2e/R'million revenue in 2024.
• Reduced water consumption: from 936 ML in 2023 to 567 ML in 2024.
• No environmental non-compliance notifications in 2024.
• Committed to SBTi and developing scope 3 GHG emissions inventory.
• Investing in renewable energy (solar PV).

Social Achievements

• Strong support for Youth Employment Service (Yes4Youth) initiative, contributing R6.6 million (total commitment R39 million).
• Implemented a transaction with a newly established private equity fund to empower Nampak Products (Pty) Ltd, achieving a Level 1 B-BBEE rating.
• Improved black representation at non-executive and top management levels exceeding 2024 targets.
• Collective bargaining resulted in a new three-year wage deal (2024-2027).
• R19m spent on training and development; 100 apprenticeships and 45 learnerships.

Governance Achievements

• Established a GEC environmental sub-committee and environmental steering committees at South African operations.
• Aligned executive KPIs and remuneration to ESG performance.
• Employs Tip-Offs Anonymous for confidential reporting and investigation of corruption.
• No notifications of human rights abuses, human trafficking, child labour or forced labour.

Climate Goals & Targets

Environmental Challenges

• Climate change impacts (food security, raw material shortages, water scarcity).
• Potential deterioration in BEE contributor status due to asset disposal plan and reduced geographic presence.
• Section 189 exercises (retrenchment of 79 employees) and asset disposal programme (transfer of 156 employees).

Mitigation Strategies

• Production forecasting, extending shelf-life of products, light-weighting products, using recycled materials, water-saving solutions.
• Empowerment transaction with private equity fund to improve B-BBEE rating.
• Consultation with labor during retrenchments and employee transfers.

Supply Chain Management

Supplier Audits: 18 environmental audits

Responsible Procurement

• Enterprise and Supplier Development Programme

Climate-Related Risks & Opportunities

Physical Risks

• Changes in weather patterns impacting crop yields and fish stocks
• Higher temperatures increasing beverage demand

Transition Risks

• Raw material shortages

Opportunities

• Increased demand for beverage packaging
• Opportunities to use more recycled materials

Reporting Standards

Frameworks Used: GRI, King IV, UN Global Reporting Index, IIRC Six Capitals, International Labour Organisation, UN Protect, Respect and Remedy Framework, CDP Climate Change and Water disclosure, JSE sustainability disclosure guide

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2015, FSSC 22000 V5.1

UN Sustainable Development Goals

• 3
• 5
• 8
• 9
• 12
• 13

Nampak considers all 17 SDGs but specifically focuses on goals 3, 5, 8, 9, 12, and 13.

Sustainable Products & Innovation

• Aluminium beverage cans (infinitely recyclable)