Climate Change Data

ASR Group

Climate Impact & Sustainability Data (2019-2021)

Reporting Period: 2019-2021

Environmental Metrics

Renewable Energy Share:38% (FY21)

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 net GHG emissions (though slightly increased between FY19 and FY21 due to operational inefficiency and aging infrastructure, aiming for steady operational efficiency through investments in FY22 and FY23)
  • Achieved 38% renewable energy share in net energy production in FY21
  • Provided more than 269,720 megawatt hours of electricity to surrounding municipal utility systems in FY21, with more than 232,045 megawatt hours from renewable sources
  • Achieved 99.5% diversion from landfill across operations with a target of 100% by 2030
  • Reduced STO miles by approximately 24% by the close of FY21
  • Converted five long-distance shipping lanes from truck to railroad, eliminating an average of more than 800 truck miles per lane

Social Achievements

  • Positively impacted the lives of more than 10,000 farmers by facilitating income diversification, improving agricultural best management and health and safety practices
  • Paid more than $11 million (USD) in Fairtrade Premiums to Fairtrade-certified Small Producer Organizations
  • Launched “Learn to Grow” program in Belize and Mexico, impacting more than 5,000 farmers
  • Launched Responsible Sourcing from Small Landholders in the Philippines Sugar Sector (RSS) project, positively impacting more than 4,000 sugarcane farmers

Governance Achievements

  • Formalized ESG organizational structure
  • Hired first Chief Sustainability Officer (CSO)
  • Developed and implemented a comprehensive sustainability vision and strategy

Climate Goals & Targets

Long-term Goals:
  • Become carbon neutral globally by 2040
  • Achieve net zero carbon by 2050 (Scope 1-3)
  • Ensure 100% of packaging is reusable, recyclable, or renewable by 2035
Medium-term Goals:
  • Cut direct (Scope 1 & 2) emissions in half by 2030
  • Achieve 95% sustainably sourced raw sugar by 2035
Short-term Goals:
  • Reduce potable water usage by 55% by 2030
  • Reduce total solid waste stream by 25% by 2030
  • Reduce product transfers between own sites by 25% by 2025

Environmental Challenges

  • Operational inefficiency and aging infrastructure leading to increased net GHG emissions
  • Drought and turbine difficulties disrupting green energy sales
  • Complexity of supply chain making it challenging to include every supplier in reporting
  • COVID-19 pandemic impacting third-party social audits and vendor certifications
Mitigation Strategies
  • Investing in FY22 and FY23 to improve operational efficiency
  • Working to improve accuracy and understanding of Scope 3 emissions through further engagements and collaboration
  • Increasing transparency and traceability across the supply chain by engaging stakeholders
  • Adapting programs to address challenges posed by the COVID-19 pandemic

Supply Chain Management

Supplier Audits: 77% of raw sugar arriving at refineries assessed using CSR verification tools (FY21)

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
  • Drought

Reporting Standards

Frameworks Used: GRI

Sustainable Products & Innovation

  • Tellus brand compostable tableware