Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and associated lockdown measures, including widespread closures of on-trade and Travel Retail markets and localized liquor bans.
• Changes in consumer preferences and tastes, product quality and reputation, or Company’s reputation.
• Increased costs or shortages of raw materials, packaging materials or labor.
• Risks associated with growing its business through acquisitions.
• Water shortage or contamination of its water supply source.
• Volatility in the value of the peso against relevant foreign currencies.

Mitigation Strategies

• Managing costs and expenditures; maintaining supply of its products and capitalizing on off-premise and online sales when on-premise and travel retail were adversely affected.
• Implementing safety protocols to comply with regulations and protect its employees, suppliers and customers.
• Effective supplier selection, procurement practices and effective monitoring of the commodity markets supplemented by making appropriate price increases wherever possible.
• Careful preparation of structured/strategic plans to anticipate inherent risks and setting up methods to mitigate the effects.
• Sourcing water requirements from two deep wells located in its facility and undergoing treatment at its in-house water filtration facility.
• Minimizing exposure to financial markets and managing long-term financial investments to generate lasting returns.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 45001 (Bodegas Fundador), ISO 9001 (Bodegas Fundador), ISO 14001 (Bodegas Fundador), IQnet SR10 (Bodegas Fundador), FSSC 22000 (Bodegas Fundador), IFS (Bodegas Fundador), BRC food safety management systems (Bodegas Fundador)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• 2016 International Review of Spirits: Emperador Solera Brandy (Silver award, Best Buy), Emperador Light (Bronze award)
• 2019 Distilled San Diego Spirits Competition: Emperador Brandy (Silver medal), Emperador Light (Bronze medal)
• 2019 IWSC: Fundador Supremo 18YO (Best Brandy in the World), Harveys Oloroso VORS (Best Sherry)
• 2020 International Wine Challenge Competition: Harveys Very Old Amontillado V.O.R.S. (Best Amontillado in the World)
• 2021 SFWSC: Fundador Supremo 18 YO Oloroso (Platinum Medal)
• 2021 IWSC: Distiller of the Year (Scotland) for Whyte & Mackay

Environmental Metrics

ESG Focus Areas

• Economic Performance
• Environmental Performance
• Social Performance
• Corporate Governance

Environmental Achievements

• Reduced energy consumption by 150,500 kWh at Santa Rosa plant; reduced energy consumption by 13,944.75 GJ through biogas use at Bodegas Fundador; reduced energy ratio to 18.58 MJ of energy per liter of alcohol produced at WMG; reduced carbon footprint by an estimated 1,929 metric tons of CO2e through solar PV system at AWGI; reduced WMG’s carbon emissions by around 3,000 TCO2e p.a. by using locally sourced wheat; reduced general waste by 47% at Invergordon Distillery; reduced water consumption by about 10,000 to 15,000 cubic meters at GES; saved 1,382 cubic meters of water at EDI’s Biñan plant

Social Achievements

• 100% of EDI employees fully vaccinated against COVID-19; 96% of EDI plants’ employees received first COVID-19 booster shot; implemented a series of free wellness talks for EDI employees; Bodegas Fundador launched an Equality Plan in 2021; WMG established an Equality and Inclusion Charter in 2021; Progreen constructed a basketball court in a host community barangay; EDI held a blood-letting activity in partnership with the Philippine Blood Center

Governance Achievements

• Implemented a Criminal Compliance Policy at GES; established a Compliance Mailbox at GES; implemented an Anti-Corruption Guideline at WMG; implemented a zero-tolerance approach to corruption-related practices at EDI

Climate Goals & Targets

Environmental Challenges

• High inflation, supply chain and logistics challenges due to the easing of pandemic restrictions

Mitigation Strategies

• Diversified portfolio, varied markets, and ability to respond quickly to changing landscapes

Supply Chain Management

Responsible Procurement

• Supplier sustainability reports (GES), environmental performance screening (GES), responsible sourcing of wheat (WMG), supplier code of conduct (EDI), Certificate of Compliance from DENR (EDI)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option, SEC Sustainability Reporting Guidelines for Publicly-Listed Companies

Certifications: ISO 9001, ISO 14001, ISO 45001

UN Sustainable Development Goals

• SDG 3, SDG 4, SDG 6, SDG 7, SDG 8, SDG 12, SDG 13, SDG 14, SDG 15, SDG 17

Initiatives align with SDGs through employee well-being programs, scholarship programs, wastewater treatment, renewable energy exploration, fair compensation, energy-efficient technology, biodiversity conservation, and partnerships with government agencies and civil organizations

Sustainable Products & Innovation

• New Brandy de Jerez line with modern packaging (Bodegas Fundador), Jura 14 Year Old Rye Cask, Fettercairn 18 Year Old Scottish Oak, Tamnavulin White Wine Cask, Dalmore Luminary No. 1

Awards & Recognition

• Numerous awards for Fundador, Terry, Harveys brandies and sherries; awards for Jura and other Whyte & Mackay whiskies; Gregg Glass recognized as Master Blender of the Year