Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Action
• Energy Conservation
• Recycling
• Product Stewardship
• Ethical Sourcing
• Employee Wellbeing
• Community Relations
• Board Diversity
• Anti-bribery & corruption
• Cyber security & data privacy

Environmental Achievements

• Completed a packaging audit on all products available for sale in Australia.
• Audited 12 suppliers (ethical trade audits covering four pillars: labour standards, health and safety, the environment and business ethics).
• Achieved a waste diversion rate of 47.78 percent (improved from 45.24 percent in FY20).
• Optimized light sensors in Sydney headquarters, saving approximately 11 tonnes of carbon dioxide per annum.

Social Achievements

• Introduced a range of wellbeing activities for employees globally (fitness programs, online classes, mental health sessions, flexible work policy, paid parental leave).
• Submitted its first Reconciliation Action Plan (RAP).
• Partnered with various not-for-profits on community initiatives.
• Increased percentage of women in managerial roles from 32 percent in FY20 to 36 percent in FY21.
• Increased percentage of women in senior and executive roles from 30% in FY20 to 35% in FY21.

Governance Achievements

• Established a Board Sustainability Subcommittee.
• Strengthened cyber security and privacy programs.
• Implemented mandatory multi-factor authentication and phishing training for all staff.
• Completed the selection of a privacy and data mapping platform.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions (Suez Canal blockage, Covid-related port closures).
• Input cost inflation (manufacturing and shipping costs).
• Demand pattern risk (volatility due to the COVID-19 pandemic).
• Climate risk and stakeholder expectations for increased climate responsibility and disclosure.
• Cyber security risk (increased threats due to remote work).

Mitigation Strategies

• Monitored input cost inflation by SKU and supplier.
• Secured contracted shipping rates where possible.
• Implemented market-by-market pricing to offset inflation.
• Managed inventory tactically to serve upside forecasts and right-size inventory in the second half.
• Upgraded ESG disclosure and became a TCFD supporter.
• Strengthened cyber security and privacy programs, implemented multi-factor authentication and phishing training.

Supply Chain Management

Supplier Audits: 12/year

Responsible Procurement

• Ethical Sourcing Policy, SMETA 4-Pillar Audit process, Sedex membership

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather, supply chain disruptions

Transition Risks

• Reputation risk, market risk, technology risk

Opportunities

• Development of energy-efficient products, lower material usage

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• FoodCycler, ThermoJet heating system

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Ethical Sourcing: Human rights and modern slavery
• Product Quality and Safety including Product Recall
• Community Relations
• Employee Wellbeing
• Corporate Governance
• Corporate Behaviour

Environmental Achievements

• Substantive completion of the Brown Box (sustainable packaging) initiative and substantial removal of expanded polystyrene (EPS)
• 59% emissions reduction from the Global headquarters and R&D facility in Alexandria, Sydney (Scope 1 and 2)
• Developed and launched the Sustainable Brown Box initiative
• All recyclable waste streams generated at our Sydney headquarters and global R&D centre are diverted from landfill

Social Achievements

• Continued roll out of the Aboriginal Culinary Journey (ACJ) collection across the globe, donating 100% of profits to support Indigenous Australians
• Partnership with several not-for-profit organisations on a range of initiatives
• 3 recordable injuries (one lost time accident) across 2,007,367 employee hours worked

Governance Achievements

• Improvements to BRG’s climate-related disclosures, including our first reporting of scope 3 emissions estimates
• Completed an ASRS (Australian Sustainability Reporting Standards) gap assessment on our climate reporting

Climate Goals & Targets

Environmental Challenges

• Supply chain disruption and input cost risk due to concentration of supply from China and inflationary pressures
• Demand pattern risk due to consumer cost of living pressures and retailer decisions
• ESG risk and sustainability including reputational risk and changing consumer expectations
• Product development and innovation risk
• Cyber security risk
• Key employee risk
• Health and safety risk

Mitigation Strategies

• Holding inventory as a buffer, establishing alternative sourcing locations, using multiple manufacturers, leveraging pricing power, hedging exchange rates
• Diversifying global revenue footprint, monitoring sell-out, rolling forecasting, investing in promotional programs
• Detailed ESG report, commitment to sustainable business model, Board Sustainability Committee
• Securing world-class leadership, increasing investment in product development, technology, and marketing
• Developing cyber security and privacy programs, deploying modern IT infrastructure, penetration testing, threat monitoring, employee training
• Annual high potential and succession planning, benchmarking key roles, using LTI plans and deferred remuneration
• Monthly review of WHS statistics and incidents, wellbeing activities and support programs, rigorous safety standards, Pre-Shipment Inspection (PSI) program

Supply Chain Management

Supplier Audits: 21 SMETA audits/year

Responsible Procurement

• Ethical Sourcing Policy
• SMETA Audits

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events, drought, flooding
• Supply chain disruption

Transition Risks

• Changing consumer expectations, regulatory changes, market shifts
• New materials and power sources giving competitors an advantage

Opportunities

• Developing energy-efficient products (ThermoJet®), innovating with sustainable materials, participating in the circular economy

Reporting Standards

Frameworks Used: ASRS (Australian Sustainability Reporting Standards), Greenhouse Gas Protocol (GHGP)

Certifications: ISO 14001

Sustainable Products & Innovation

• ThermoJet® heating system
• Sustainable Brown Box packaging

Awards & Recognition

• Good Design Award
• Red Dot Design Award
• IDSA Design Award
• IDEA International Design Excellence Awards