Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Community Initiatives
• Health and Safety
• Environmental Stewardship
• Human Rights
• Labor Standards
• Anti-Corruption

Environmental Achievements

• Reduced accidents in plants by 33% in frequency and 18% in severity.
• Developed Louis Dreyfus Commodities Environmental Management System (EMS) to drive environmental management and conservation.
• Implemented Greenhouse Gas (GHG) emission calculations for their entire product value chain.

Social Achievements

• Involved in more than 100 community initiatives and projects.
• Launched the Group’s Behavior-Based Safety program to foster a culture of safe behavior.
• Implemented specific SHE trainings for Coffee and Juice Platforms.
• Completed translation of SHE policy and management system into Contractor Safety program.
• Approximately 20% employee owned.

Governance Achievements

• Signed the UN Global Compact and launched a Corporate Statement on Sustainability.
• Enhanced the Group Code of Conduct.
• Rolled out a global compliance awareness and training program.
• Aligned with major regulatory changes (Dodd-Frank Act in the US).
• Globalized and harmonized the Internal Control structure and Continuous Monitoring Program.

Climate Goals & Targets

Environmental Challenges

• Highly volatile markets, challenging weather conditions (droughts, hurricanes), and political turmoil.
• Weak cane yields and low ethanol prices in Biosev.
• Global imbalances in supply and demand, uncertain macroeconomic conditions.
• Reduced crop size caused by droughts.
• Government intervention and protectionism across the world.
• High price volatility in commodities markets.

Mitigation Strategies

• Diversification strategy across multiple platforms and product lines.
• Best-in-class risk management.
• Investments in logistical and industrial assets.
• Securing competitive credit lines.
• Expanding reach at destination with sugar refineries, fertilizer, and farm inputs.
• Adapting to lower US corn exports by supplying customers with corn from other origins.
• Strengthening relations with suppliers and customers.
• Investing in improved people processes to maintain speed and agility.

Supply Chain Management

Responsible Procurement

• Corporate Code of Conduct available to partners, holding them to the same level of accountability.

Climate-Related Risks & Opportunities

Physical Risks

• Droughts, hurricanes

Reporting Standards

Frameworks Used: UN Global Compact

Environmental Metrics

ESG Focus Areas

• People
• Environment
• Partners
• Community

Environmental Achievements

• Reduced energy consumption by 10% in Asia (annualized basis)
• Reduced GHG emissions by 5% due to a 5% reduction in fossil fuel consumption
• Reduced water consumption year-on-year linked to heightened industrial efficiency and processing improvements
• 8% reduction in GHG emissions at Port Wentworth, US facility by increasing natural gas use

Social Achievements

• Exceeded targets on both the incidence and severity of injuries
• Implemented safety alarm system in Krishnapatanam, India
• Ran 6th annual Safety Day
• Supported farmers after fires in Western Australia
• Opened a primary school and a high school in Argentina for LDC employees

Governance Achievements

• 100% of Indonesian palm oil network became RSPO certified
• Completed supply chain mapping for palm oil operations (100% traceability to mill level for Balikpapan and Lampung refineries)
• Increased volume of Better Cotton purchased by 25%

Climate Goals & Targets

Environmental Challenges

• Challenging market conditions and shifting regulatory environment
• Difficulties in meeting ambitious 2015 target for certified sustainable coffee sales due to market challenges in Asia (particularly Vietnam)
• Growing demand for NFC juice making it difficult to reduce logistics carbon footprint
• Poor weather conditions limiting development in Zambia
• Low yields among smallholder farmers in Kazakhstan

Mitigation Strategies

• Developed a new 10-year strategy
• Revised future targets for certified coffee sales to reflect market situation
• Seeking ways to counterbalance the higher carbon footprint of NFC juice
• Provided weather insurance to Zambian farmers
• Implemented pilot projects in Kazakhstan to improve sustainable cotton production (agronomist education, technical seeds, high-grade defoliant), and harvest mechanization scheme

Supply Chain Management

Supplier Audits: 100% traceability to mill level for Indonesian palm oil refineries

Responsible Procurement

• RSPO certification for palm oil
• Better Cotton Initiative standards for cotton
• Sustainable Agriculture Initiative Platform (SAI) for grains
• Soybean Moratorium compliance in Brazil
• RFS2 compliance for biodiesel in Argentina

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: RSPO, ISCC, BCI, Rainforest Alliance, UTZ, 4C, CAFÉ Practices, Fairtrade, Organic

Certifications: RSPO, ISCC, Rainforest Alliance

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Ecosystem Health
• Human Health
• Food Security
• Biodiversity

Environmental Achievements

• Unilever reduced greenhouse gas emissions by 37% compared to 2008 while increasing production; over 600 Unilever factories generate zero waste to landfill.
• Over 554 global companies committed to decarbonizing their businesses.
• 243 companies pledged to reduce deforestation and ecosystem destruction.
• 140+ companies adopted water sustainability practices.

Social Achievements

• Initiatives to control rabies in the Serengeti, brucellosis in Mongolia, and leishmaniasis in Tunisia.
• Improved surveillance of wildlife and livestock health.

Governance Achievements

• Development of sustainability standards (e.g., IFC Performance Standards).
• Initiatives to price environmental risk (e.g., CarbonTracker, Natural Capital Declaration).
• Green bonds market expansion to US$598 billion in 2015.
• Positive Impact Manifesto encouraging positive impacts on economy, society, and environment.
• Financial Stability Board task force on climate-related disclosures.

Climate Goals & Targets

Environmental Challenges

• Climate change, ecosystem degradation, water scarcity, waste management.
• Emerging and neglected zoonotic diseases.
• Microplastic pollution.
• Loss and damage to ecosystems due to climate change.
• Toxin accumulation in crops due to climate change.
• Illegal trade in live animals.

Mitigation Strategies

• Pricing environmental risk and regulatory changes.
• Shifting capital away from unsustainable assets.
• Integrated and inter-sectoral approaches to zoonoses management (One Health, EcoHealth).
• Reducing plastic waste and microplastic pollution at the source.
• Risk management strategies for climate change impacts (Sendai Framework).
• Developing drought-tolerant and disease-resistant crops.
• International cooperation to address loss and damage (Warsaw International Mechanism).

Supply Chain Management

Responsible Procurement

• Deforestation-free sourcing
• Zero net deforestation pledge

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Droughts
• Heat waves
• Sea level rise
• Flooding

Transition Risks

• Shifting away from fossil fuels

Opportunities

• Investments in renewable energy

Reporting Standards

Frameworks Used: CITES

UN Sustainable Development Goals

• Goal 13 (Climate Action)
• Goal 14 (Life Below Water)
• Goal 2 (Zero Hunger)
• Goal 3 (Good Health and Well-being)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Deforestation
• Biodiversity
• Water Scarcity
• Waste
• Economic Development
• Safety
• Human Rights
• Diversity
• Land Rights

Environmental Achievements

• Overall reductions in GHG emissions, energy consumption, waste, and water consumption.
• Completed a major heat recovery project in Wittenberg, Germany, saving an estimated 9% annual steam usage.
• Reduced particulate matter emissions by 95% at the oilseeds processing facility in Alto Araguaia, Brazil.
• Reduced total solid waste from the Kandla, India oilseeds processing plant by 34% and wastewater by 24%.

Social Achievements

• Reduced the number of days lost due to injury by over 1200 days compared to 2016.
• Maintained a similar number of assets with no injuries requiring time off work (80% of assets).
• Launched a new, long-term, operational safety strategy.
• Created a new process safety program.
• Ran more than 1,400 training sessions for LDC Juice employees.
• Secured Rainforest Alliance certification for 4 more farms, bringing the total to 15 out of 38.
• Increased BCI cotton volumes by 25%.

Governance Achievements

• Achieved two Bonsucro Chain of Custody (ChoC) certifications.
• Joined the Sustainable Shipping Initiative.

Climate Goals & Targets

Environmental Challenges

• Deforestation, conversion, and biodiversity loss due to increasing demand for agricultural commodities.
• Climate change impacts on agriculture and resource availability.
• Water scarcity and the need for responsible water management.
• Waste generation and the need for waste reduction and recycling.
• Economic development challenges in agricultural communities.
• Safety incidents and the need for improved safety measures.
• Human rights challenges in agricultural labor settings.
• Lack of diversity in the workforce.
• Land rights issues.
• Traceability challenges in complex supply chains.

Mitigation Strategies

• Implemented a global no-deforestation commitment (NDPE policy).
• Set time-bound targets for reducing environmental footprint.
• Improved water recycling initiatives.
• Investing in value-added products to reduce waste.
• Community projects to support economic development and education.
• Robust safety policy and ambitious targets.
• Partnerships with organizations like the ILO to address human rights challenges.
• Initiatives to promote gender diversity.
• Conducting social and environmental impact assessments before new projects.
• Partnerships with The Forest Trust (TFT) for palm traceability.
• Use of blockchain technology to improve traceability.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Palm policy, Soy Sustainability Policy, Coffee Code of Conduct, Better Cotton Initiative

Climate-Related Risks & Opportunities

Physical Risks

• Changes in temperature and weather patterns

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, WBCSD

Certifications: Rainforest Alliance, FSA, Bonsucro, ISCC, RSPO

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 1, 2, 3, 4, 5, 6, 7, 8, 9, 12, 13, 14, 15, 17

The report details how LDC's activities contribute to these goals through various initiatives.

Sustainable Products & Innovation

• Lecithin, glycerin, dry peel

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Biodiversity
• Water Scarcity
• Waste
• Economic Development
• Safety
• Human Rights
• Diversity
• Land Rights

Environmental Achievements

• Increased certified palm oil sales by 17% year-on-year, and by 1500% compared to 2012.
• Reduced overall emissions by 5% year-on-year in 2018, to an average of 5.1 grams of CO2/ton-mile.
• Achieved 90-100% traceability of palm oil back to mill level.
• Secured Rainforest Alliance certification for 14 more farms, bringing the total to 29.

Social Achievements

• Eradicated child labor from cotton harvests in Uzbekistan.
• Completed a gender diversity review, which became the basis for a full-scale program of policy changes.
• Delivered over 1,600 training sessions covering safety, quality, and agricultural best practices.
• Trained 10,000 cotton farmers in Maharashtra, India on sustainable agricultural practices.

Governance Achievements

• Launched a global Soy Sustainability Policy.
• Became a signatory to the UN Global LGBTI Standards for Business.
• Published a Coffee Sustainability Report detailing responsible sourcing efforts.
• Published list of mill suppliers for palm oil and a breakdown of purchases by LDC division, origin and product.

Climate Goals & Targets

Environmental Challenges

• Missed goal to reduce overall environmental impacts associated with asset footprint by 1% in 2018.
• Concerns about child labor in Burkina Faso’s cotton industry.
• Challenges in achieving 100% traceability in palm oil supply chain.
• Overall volumes of feedstock handled were down 10%, impacting environmental performance.

Mitigation Strategies

• Redoubling efforts in 2019 to attain the target 5% reductions by 2022.
• Investigating how to improve further in addressing child labor concerns in Burkina Faso.
• Expanding the range of data published to increase transparency and accountability.
• Significant new capital investments to be deployed in 2019-20 to improve environmental performance.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• No Deforestation, No Peat, No Exploitation (NDPE) commitment; Soy Sustainability Policy; Coffee Supplier Code of Conduct; Human Rights Protocol; screening all new suppliers for sustainability risks; ongoing risk assessments.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events affecting regions

Transition Risks

• Regulatory changes impacting shipping emissions

Opportunities

• Development of energy-efficient products and processes; harnessing solar power.

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs)

Certifications: Rainforest Alliance CertifiedTM, RSPO, ISCC, Bonsucro, SAI Platform

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 2, SDG 8, SDG 12, SDG 13, SDG 17

LDC's initiatives contribute to these goals through sustainable agricultural practices, responsible sourcing, community development projects, and partnerships.

Sustainable Products & Innovation

• Certified sustainable palm oil and soy; Rainforest Alliance certified juice.

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental Performance
• Governance
• Supply Chain Transparency
• Human Rights

Environmental Achievements

• Reduced CO2 emissions by 11%
• Reduced electricity and energy consumption by 10%
• Reduced water usage by 14%
• Reduced solid waste sent to landfills by 57%

Social Achievements

• Worked with the International Labour Organization to investigate labor-related human rights issues in Thailand and Vietnam.
• Supported the production of millions of bags of certified and verified coffee.
• Trained hundreds of smallholder farmers to improve their livelihoods sustainably.
• Advanced its program to source responsibly from farmers who adopt sustainable coffee cultivation practices.

Governance Achievements

• Improved governance structure to identify, monitor, and address key issues.
• Established Environmental and Human Rights committees with internal and external experts and stakeholders.

Climate Goals & Targets

Environmental Challenges

• Labor-related human rights issues in the supply chain (Thailand and Vietnam)
• Sustainable production practices in Brazil's soy industry

Mitigation Strategies

• Collaboration with the International Labour Organization.
• Incentivizing soy farmers to conserve native vegetation through preferential financing.
• Collective action with Soft Commodities Forum members to report on soy sourced from Brazil's Cerrado biome.

Supply Chain Management

Responsible Procurement

• Working with certification and verification bodies to encourage suppliers to adopt their standards and practices.

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Climate Change
• Land Use Change
• Water Management
• Waste Management
• Safe Workplace
• Farmer Engagement
• Inclusive Workplace
• Human Rights
• Responsible Sourcing
• Business Ethics & Compliance
• Data Security & Privacy

Environmental Achievements

• Exceeded five-year targets (2018-2022) across greenhouse gas emissions, electricity and energy consumption, water usage, and solid waste sent to landfill.
• Committed to eliminate deforestation and conversion of native vegetation of high conservation value for agricultural purposes from all supply chains by the end of 2025.
• Announced a science-based target for Scope 1 and 2 emissions reductions of 33.6% by 2030.

Social Achievements

• Achieved record-low accident frequency and gravity rates.
• Completed global rollout of inclusive recruitment standard.
• Continued support for local initiatives to empower farming communities.
• Became a member of the ILO Child Labour Platform.

Governance Achievements

• Secured several new sustainability-linked credit facilities.
• Began work toward a Group-wide responsible sourcing policy and grievance protocol.

Climate Goals & Targets

Environmental Challenges

• Scope 3 emissions from purchased goods and services (including farm-level emissions and land-use change).
• Physical climate risks (extreme weather, changing precipitation, soil degradation, rising sea levels).
• Transition risks (carbon regulations, EU Emission Trading System extension to shipping).

Mitigation Strategies

• Commitment to zero deforestation by 2025.
• Implementation of actions to reduce Scope 3 emissions.
• Compliance with emerging regulations (e.g., trading European emission allowances, reducing CO2 footprint of chartered vessels).
• Supporting farmers in adopting regenerative agriculture practices.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Commodity-specific sourcing policies and codes of conduct (coffee, palm, soy); Group-wide responsible sourcing policy in development.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events, changing precipitation patterns, soil degradation, rising sea levels

Transition Risks

• Carbon regulations, EU Emission Trading System extension to shipping

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI

Certifications: Null

Third-party Assurance: Deloitte & Associés (limited assurance)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Certified products (soy, palm, coffee, cotton, juices, sugar); second-generation biodiesel.

Awards & Recognition

• 2022 Carbon Asset Management Pioneer Award (Tianjin Climate Exchange); 100 Model Employers and Excellence in Employee Care Plan awards (China).

Environmental Metrics

ESG Focus Areas

• Human & Labor Rights
• Sustainable Land Management
• Employee Welfare
• Climate Change
• Bioenergy
• Product Traceability & Sustainability Solutions

Environmental Achievements

• Overall reduction in Scope 1 & 2 emissions of 4.7% compared to 2022 baseline
• Reduced Scope 1 and 2 emissions at LDC coffee facilities by 19.9% compared to 2022
• Improved Cropland Management project in China estimated to sequester over 2.4 million tCO2e over 20 years
• Household Water Filtration Systems project in Kenya expected to generate 2.2 million tCO2e in emissions reductions from 2020 to 2025
• Zero spills with high negative environmental impact from raw materials, finished products or effluents in 2023
• 16% reduction in absolute water consumption and 16% reduction in water intensity

Social Achievements

• Launched Human & Labor Rights framework and global Supplier Code of Conduct
• Record investments in risk-mitigation measures and awareness campaigns, a significant portion geared toward improving process safety
• 50% reduction year on year in the overall number of injuries across South & Southeast Asia
• Increased export of Fairtrade-certified juice by 60% compared to 2022
• Programa Compartilhar (Share Program) reached over 100 people representing 97 suppliers in Brazil
• Supported 408 farmers in Brazil (37% women) through micro-farming project
• Improved Rice Production project in Côte d’Ivoire assisted 14 cooperatives, 160 lead farmers and 3,691 farmers

Climate Goals & Targets

Environmental Challenges

• Persistent supply chain disruptions and ongoing geopolitical tensions
• Accelerating climate challenges
• Uncertainty over crop size prospects, geopolitical tensions and protectionist trade policies
• Significant currency fluctuations
• Reduced global coffee consumption
• Sluggish global demand for cotton beyond China
• Reduced production in the US cotton market
• Tight pricing range in the cotton market
• Disruptions in commodity supply chains due to geopolitical tensions and adverse weather events
• Tightening monetary policy in response to inflation
• Reduced export quotas imposed by the Indian Government
• Disappointing 2022/23 Thai crop yields
• Delayed commencement of the 2023/24 Brazilian crop
• Production shortfalls in Pakistan and Myanmar
• Indonesia's entry as a buyer in 2023 for food security needs
• Increased safety incident frequency in Juice Platform operations
• Two fatal accidents at LDC facilities in 2023

Mitigation Strategies

• Successfully kept essential food, feed, fiber and ingredient supply chains moving
• Accelerated decarbonization trajectory, setting an emissions reduction target
• Linking financing model with environmental performance indicators
• Advanced sustainable land use in supply chains
• Reinforced governance frameworks
• Invested to drive greater traceability
• Worked with Louis Dreyfus Foundation and other partners to support farmers
• Implemented a reinforced, two-pronged approach to safety (Processes and People)
• Increased annual capital expenditure in SHE risk mitigation to a record US$81 million
• Merged SHE and Process Safety Management programs into a single SHE Program
• Initiated a new phase for the internal Occupational Health & Safety Management System
• Strengthened local trading capabilities in Thailand through a joint venture tolling agreement
• Leveraged global footprint to compensate for India’s limited rice exports
• Increased storage capacity at destination to enhance supply chain integration and storage conditions
• Expanded commercial reach by exporting bulk lime NFC and frozen concentrate juices from Brazil
• Reinforced research and development team in Brazil
• Accelerated production at the beginning of the citrus season
• Invested in operations, increasing oil recovery efficiency and upgrading logistic system

Supply Chain Management

Supplier Audits: 80% of third-party fruit suppliers underwent on-site audits in 2023

Responsible Procurement

• Global Supplier Code of Conduct
• Commodity-specific policies (Coffee, Palm, Soy)
• Incentivizing farmers to avoid land conversion
• Supporting suppliers to achieve SAI/FSA certification

Climate-Related Risks & Opportunities

Physical Risks

• Extreme precipitation
• River flooding
• Global labor productivity losses due to heat stress
• Drought (Juice supply chain)

Transition Risks

• Current and emerging carbon regulations (Canada’s federal carbon pricing scheme, EU Emission Trading System extension to shipping)

Opportunities

• Development of energy-efficient products
• Participation in renewable energy feedstock markets
• Growth in demand for biofuels

Reporting Standards

Frameworks Used: GRI Standards, UN Sustainable Development Goals (SDGs)

Certifications: regenagri® (Brazil, India, Switzerland, US), Rainforest Alliance, C.A.F.E Practices, 4C, RTRS, GCP Coffee Sustainability Reference Code equivalent second party assurance, Great Place to Work (Bulgaria, France, Indonesia, Vietnam, India), SMETA, Sedex, Fairtrade

Third-party Assurance: Deloitte & Associés (limited assurance for Scope 1, 2, and biogenic emissions)

Sustainable Products & Innovation

• Low-carbon coffee
• Regenagri®-certified cotton
• Deforestation-free soy
• Not-from-concentrate juices
• Citrus ingredients
• Fermented soybean meal
• Mastergold cooking oil

Awards & Recognition

• CDP ‘B’ rating for climate change disclosures
• Two awards at the ‘2023 Top of China National Grain Awards’
• Two stars for the International Taste Institute’s ‘Superior Taste Award’ for Mastergold corn germ oil
• Monde Selection silver award for Mastergold corn germ oil
• Great Place to Work certifications
• LinkedIn recognition as one of the 25 best companies in Argentina for professional development
• 51job recognition as one of the ‘100 Employer Excellence of China’ award winners
• ‘Excellence in Learning & Development 2023’ award
• Inclusion in FIA list of ‘Most Incredible Places to Work’ in Brazil

Environmental Metrics

ESG Focus Areas

• Deforestation and Conversion-free (DCF)
• Scope 1 & 2 emissions reduction
• Regenerative agriculture
• Sustainable sourcing
• Supplier Code of Conduct
• Human & Labor Rights

Environmental Achievements

• Scope 1 & 2 greenhouse gas emissions down 16% vs 2022
• Water consumption down 16% vs 2022 both for absolute (4.4 million m3) and intensity (0.38 m3 /MT)
• 87% verified deforestation- and conversion-free soy in Brazil
• 99% verified DCF coffee
• Improved traceability to plantation level for directly-sourced palm volumes, with global traceability to plantation reaching 87%
• Implemented ten projects in five origins that support farmers in adopting low-carbon coffee production and regenerative agriculture, reaching 22,461 farmers.

Social Achievements

• Developed and adopted Group-wide Supplier Code of Conduct
• Developed and adopted global Human & Labor Rights Policy
• Revised Antitrust Compliance Policy
• Launched first farmer training program toward Round Table on Responsible Soy certification in Argentina

Governance Achievements

• Creation of a dedicated Sustainability Committee at Board level
• S&P Rating Upgrade to BBB+

Climate Goals & Targets

Environmental Challenges

• Lower crush margins in China
• Fewer opportunities in a context of relatively easing market disruptions
• Challenging geopolitical environment with uncertainties in global manufacturing growth and Red Sea disruptions
• Lower global demand for cotton
• Reduced volatility in sugar market due to improved crop forecasts and depreciating Brazilian Real
• Lack of discipline and/or compliance with standard operating procedures contributed to over 25% of 2023 incidents.

Mitigation Strategies

• Effective hedging strategy
• Successful positioning and hedging strategies, as well as continued innovation to optimize its operational model
• Diversification of revenue streams with ethanol in Brazil
• Continuous improvement in logistical costs optimization
• Focus on origin diversification
• Actions under way to address causes of safety incidents through our Management System Protocol.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct
• Deforestation and Conversion-free (DCF) supplier assessment methodologies

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: CDP