Grupo Nutresa
Climate Impact & Sustainability Data (2022-01 to 2022-03, 2023)
Reporting Period: 2022-01 to 2022-03
Environmental Metrics
ESG Focus Areas
- Sustainability (Economic, Social, and Environmental)
- Fair Trade
- Community Development
- Environmental Responsibility
- Employee Well-being
Environmental Achievements
- Participation in "Cocoa, Bosques y Paz" initiative, intervening in over 4,279 hectares with sustainable cocoa production models and reforestation efforts.
- Support for recyclers in Chile through the "REPosicionando" project, resulting in 47 certified recyclers.
- Compañía Nacional de Chocolates Perú renewed its Fair Trade Certificate until 2026.
Social Achievements
- Implementation of the Germinar program in 13 municipalities of Antioquia, establishing over 1,500 sustainable food systems and generating nearly 50,000 servings of fruits and vegetables.
- Recognition as the second most responsible company in Colombia by MERCO ESG Responsibility monitor.
- Inclusion in the "Top Companies LinkedIn Colombia 2022" ranking.
- Alicapsa Panama recognized for social commitment to the country through the "Padrino Empresario" program.
- Tresmontes Lucchetti recognized for commitment to integrity.
Governance Achievements
- Unanimous approval of financial statements at the 2021 Ordinary Shareholders' Meeting.
- Election of new Board of Directors members.
- Grupo Nutresa recognized as the most sustainable food company in the world and Gold category in the S&P Global Sustainability Yearbook.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- By 2030, build a total of 3,000 family and community sustainable food systems with communities.
Short-term Goals:
- Not disclosed
Environmental Challenges
- Volatile geopolitical environment with commodity price inflation and significant global logistics challenges.
Mitigation Strategies
- Discipline in managing expenses and productivity programs.
Supply Chain Management
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Dow Jones Sustainability Indices, S&P Global Sustainability Yearbook
Certifications: Fair Trade, BASC
UN Sustainable Development Goals
- Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- National Export Award 2021
- S&P Global Sustainability Yearbook Gold Class
- MERCO ESG Responsibility ranking
- Top Companies LinkedIn Colombia 2022
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Innovation
- Social Innovation
- Environmental Innovation
Environmental Achievements
- COP 320.516 million from sales based on environmental innovation
- COP 18.060 million in savings from environmental innovations
- Mitigation of 14,000 liters of water pollution in 2023 (projected to reach six million liters per year)
Social Achievements
- COP 300.863 million from sales based on social innovation
- COP 3.478 million in savings from social innovations
- Gualí Mission project promoting conservation of the Gualí wetland
Governance Achievements
- Implementation of the Imagix Model across all geographies, improving innovation maturity index from 2.52/5.00 to 2.74/5.00
Climate Goals & Targets
Environmental Challenges
- Absence of effective innovation management in the food industry poses risks of losing strategic opportunities and competitiveness.
Mitigation Strategies
- Strengthening corporate entrepreneurship, fostering collaboration with local and international ecosystems, developing innovative capabilities, adapting to economic and political uncertainty, and proactively adopting digital technologies (RPA and AI).
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI 3-3
Sustainable Products & Innovation
- Pietrán guacamole sachet
- Tosh’s coconut and almond cookies
- Naturela’s arazá infusion beverage
- Naturela’s cocoa latte beverage
- Ready-to-drink fruit and vegetable shakes
- Tosh’s chocolate oatmeal
- Diversa powdered sweetener with collagen
- Tosh green tea with roselle
- Tosh’s vanilla oatmeal cup
- Doria’s gluten-free Feston lasagna
- Country Hill’s spreads
- Doria’s gluten-free macaroni
- Doria’s elbows with rice and lentils
- Tosh’s instant oats with blueberries
- POPS’ zero yogurt
- Livean’s Cam gelatin
- Benet’s Active protein
- Haka’s capsules
- Haka’s Passiflora extract
Awards & Recognition
- 2nd place in the ANDI Corporate Innovation Ranking