Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment, Health & Safety
• Diversity and Inclusion
• Modern Slavery
• Climate Change
• Supply Chain Responsibility

Environmental Achievements

• Initiatives in water, energy, and waste reduction (details in Sustainability Report)
• Commenced a detailed assessment of climate change risks and opportunities, including scenario analysis and TCFD implementation.

Social Achievements

• Developed a diversity and inclusion strategic plan with initiatives focused on seeking diversity, creating inclusion, and driving accountability.
• Modern Slavery Risk Programme development and alignment of supplier engagement across global operations.
• Modern slavery training for 275 key personnel.

Governance Achievements

• Established a Disclosure Committee to oversee continuous disclosure obligations.
• Implemented enhanced due diligence procedures for third parties, including standardized compliance information collection and risk assessment.
• Adopted a revised Risk Appetite Statement.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting planned site visits for non-executive directors.
• ESG risks in the supply chain, including modern slavery.

Mitigation Strategies

• Virtual tours of facilities provided to non-executive directors.
• Development of Modern Slavery Risk Programme and enhanced third-party due diligence procedures.
• Modern slavery training and updated supplier onboarding processes.

Supply Chain Management

Responsible Procurement

• Compliance Information Declaration Form
• Enhanced due diligence for high-risk suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ASX Corporate Governance Principles and Recommendations

Environmental Metrics

ESG Focus Areas

• Health and Safety
• Product Quality and Safety
• Diversity, Equity and Inclusion
• Corporate Culture
• Climate Change
• Sustainable Agriculture
• Water
• Energy and Emissions
• Waste
• Governance
• Modern Slavery
• Cyber and Data Security
• Local Communities
• Responsible Consumption of Alcohol

Environmental Achievements

• Reduced water consumption by up to 30% at Pocatello plant with Optisteep technology
• Reduced grid-supplied electricity by ~80% in Calgary with combined heat and power technology
• 15% reduction of waste to landfill

Social Achievements

• Increased female participation at Leadership level to 28% (from 26% in FY21)
• Became a signatory to the HESTA 40:40 Vision
• Collectively donated approximately $110,000 to community and charitable causes

Governance Achievements

• Complied with the 4th edition of the ASX Corporate Governance Principles and Recommendations
• Revised the Company’s Risk Management Framework to better incorporate ESG risks
• Submitted second Modern Slavery Statement to Australian Border Force

Climate Goals & Targets

Environmental Challenges

• Safety performance did not meet expectations (Recordable Injury Frequency Rate increased)
• Canadian drought significantly impacted barley supply
• Global uncertainty, geopolitical tensions, inflation, and supply chain disruptions

Mitigation Strategies

• Initiatives planned to revitalise safety commitment
• Imported barley from Denmark and Australia to augment Canadian supply
• Developing a robust roadmap for emissions reduction with external advisors

Supply Chain Management

Responsible Procurement

• Risk-based due diligence covering corruption and human rights risk

Climate-Related Risks & Opportunities

Physical Risks

• Droughts
• Floods
• Extreme weather
• Soil depletion and degradation
• Impacts on barley quality

Transition Risks

• Changes in market, technology, and policy/regulation
• Consumer preferences shifting towards sustainable products

Opportunities

• Proactive decarbonisation
• Partnership opportunities with farmers and customers
• Investment in R&D for sustainable technologies

Reporting Standards

Frameworks Used: GRI (referenced core principles), TCFD, TNFD, SASB, UN Sustainable Development Goals

Certifications: ISO 45001 (ten sites transitioned), ISO 9001 (Quality Management)

Environmental Metrics

ESG Focus Areas

• Environment, Health & Safety
• Ethical Conduct
• Modern Slavery
• Anti-Bribery and Corruption

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Established a Whistleblower Protection Policy
• Adopted a Modern Slavery Policy and commenced an initiative to review global operations and supply chain focusing on modern slavery risks.
• Adopted an Anti-Bribery and Corruption Compliance Programme including policy, training, and due diligence procedures.
• Implemented a Code of Conduct promoting ethical behavior.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

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: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed