Importaco, S.A.
Climate Impact & Sustainability Data (2021, 2022, 2023)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- People
- Product
- Planet
Environmental Achievements
- Achieved AENOR’s Zero Waste certification at their nut plant in Beniparrell (Valencia), with over 99% of waste revalued and recycled.
- Reduced greenhouse gas emissions by 120 tonnes of CO2 at Besana through the installation of a trigeneration plant.
- Committed to reducing emissions by 20% by 2023 through a new energy efficiency strategy with over €1 million investment.
Social Achievements
- Launched a nutritional education project in Valencian schools, reaching 225 children.
- Launched a new high-protein, defatted peanut flour product.
- Improved sunflower seed quality by eliminating all allergens.
Governance Achievements
- Implemented an ethical management program including an ethical code, ethics channel, and Ethics Committee.
- Established processes to identify, assess, record, and control ESG risks.
- Received the Economía 3 award for its business trajectory.
Climate Goals & Targets
- Achieve Net Zero emissions by 2050.
- Reduce emissions by 20% by 2023.
- 100% recyclable, reusable, or compostable packaging by 2025.
- Achieve Zero Waste certification at all nut production sites by 2025.
- Reach 1,000 children with the Come Sano, Crece Fuerte project in 2022.
Environmental Challenges
- Contributing to creating a fair, healthy, and environmentally friendly food system.
- Climate change impacts on natural and human systems.
- COVID-19 crisis and its impact on global risks.
Mitigation Strategies
- Strengthening the resilience of supply chains.
- Adapting to rapid social and technological change.
- Remaining vigilant to threats such as cyber-attacks.
Supply Chain Management
Supplier Audits: 39 SMETA audits
Responsible Procurement
- Supplier code of conduct
- SMETA 4P audit requirement
- Quality at Origin Programme
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI 101: Foundation 2016
Certifications: ISO 14001 (multiple sites), ISO 45001 (9 workplaces), AENOR’s Zero Waste (Beniparrell nut plant), ISO 17025 (chemical and microbiological controls lab)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- 2
- 3
- 5
- 6
- 7
- 8
- 12
- 13
- 15
- 17
Detailed explanation provided in the report's 'Contribution to the Sustainable Development Goals' section.
Sustainable Products & Innovation
- Defatted peanut flour
- Probiotic-enriched almonds and walnuts
- Products with 100% recycled flowpacks and 25% rPET in 1-liter water bottles
Awards & Recognition
- Economía 3 award
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- People
- Planet
- Product
Environmental Achievements
- Reduced annual energy consumption by 10%
- Achieved zero waste certification in four production centers
- Reduced energy consumption and emissions by 20% since 2018
- Installed 9,800 photovoltaic solar panels, guaranteeing 14% self-consumption and avoiding 4,600 tonnes of CO2 per year.
- 90% of electrical energy consumed is of renewable origin
Social Achievements
- Come sano, crece fuerte” social project reached more than 1,200 young people
- Collaboration with the Vicente Ferrer Foundation
- Four new centers certified in the ISO 50001 standard
- Itac Professional launched a selection of allergen-free ingredients
- Collaboration with universities to promote young talent
Governance Achievements
- EcoVadis silver medal in 2022
- Implemented an ethics program including a mandatory Code of Ethics, an ethics channel, and an Ethics Committee.
- 70% of Board of Directors members are women.
Climate Goals & Targets
- Net zero emissions by 2050
- Net zero emissions by 2050
- 100% recyclable, reusable or compostable packaging by 2025
Environmental Challenges
- Cost increases due to global factors (war in Ukraine, inflation, energy crisis, supply chain tensions)
- Climate change impacts (extreme weather, rising temperatures)
- Maintaining product affordability amidst rising costs.
Mitigation Strategies
- Integrated cost deviations into results to avoid increasing product prices
- Implemented energy efficiency plans
- Implemented climate change adaptation measures (infrastructure protection, emergency response, crops and agriculture)
- Investment in renewable energy (solar panels)
- Collaboration with suppliers for sustainable production and supply chain optimization.
Supply Chain Management
Supplier Audits: 77% of strategic suppliers with current SMETA 4P audit; 96% business connection on the Sedex platform
Responsible Procurement
- Social Compliance Programme, Code of Conduct, SMETA 4P standard, requirements relating to the environment and human rights
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather, rising temperatures, torrential rain
Transition Risks
- Regulatory changes, market shifts
Opportunities
- Development of energy-efficient products, renewable energy deployment
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001, ISO 50001, ISO 17025, ISO 45001, FSA, GLOBALG.A.P.
Third-party Assurance: BDO
UN Sustainable Development Goals
- SDG 2 (Zero Hunger)
- SDG 3 (Good Health and Well-being)
- SDG 5 (Gender Equality)
- SDG 7 (Affordable and Clean Energy)
- SDG 8 (Decent Work and Economic Growth)
- SDG 12 (Responsible Consumption and Production)
- SDG 13 (Climate Action)
- SDG 17 (Partnerships for the Goals)
The report details how various initiatives contribute to these goals.
Sustainable Products & Innovation
- Allergen-free ingredients, healthy snacks without artificial additives, food supplements, healthy creams
Awards & Recognition
- Innovative Company Award from ASECAM
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- People
- Planet
- Product
Environmental Achievements
- Reduced emissions by 20% in 2023 through a 4 million euro investment in self-consumption installations and energy efficiency measures, saving 12,800 MWh per year.
- Achieved Zero Waste certification in seven production centers.
- Set a short-term commitment to reduce total emissions by 30% by 2030, aligned with SBTi FLAG guidelines.
Social Achievements
- Reached a workforce of 2321 people of 11 nationalities.
- Achieved over 40% women in middle and senior management positions.
- Invested 531,103 euros in employee training, averaging 16.85 hours per employee.
- Implemented a free health screening program at Besana production sites.
Governance Achievements
- Implemented a secure communication system for reporting ethical and compliance issues.
- Established an Ethics and Compliance Committee.
- Developed a Code of Ethics for all employees.
Climate Goals & Targets
- Net zero emissions by 2050.
- Achieve 100% recyclable, reusable, or compostable packaging by 2025.
- ISO 50001 certification for energy management in all Spanish centers by 2024.
- Reduce total emissions by 30% by 2030.
- Reduce Scope 1 and 2 emissions by 42% by 2030 (-7% per year).
- Reduce Scope 3 emissions by 25% by 2030 (-3% per year).
Environmental Challenges
- Climate change impacts (extreme weather, natural resource crises).
- Meeting evolving European sustainability regulations (CSRD, Due Diligence Directive, Climate Change and Energy Transition Act).
Mitigation Strategies
- Developed a decarbonization strategy aligned with the Science Based Targets (SBT) initiative.
- Implemented climate change adaptation measures (infrastructure protection, emergency response, crop management).
- Proactive engagement with stakeholders to understand and address their expectations.
Supply Chain Management
Supplier Audits: 56 audits in 2023
Responsible Procurement
- Social Compliance Programme, Code of Conduct for suppliers, SMETA 4P standard, Sustainable Procurement certification.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events, natural disasters
Transition Risks
- Regulatory changes
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001, ISO 45001, FSC, RSPO, Global GAP 5.2, FSA, Zero Waste
Third-party Assurance: BDO Auditores, S.L.P.
UN Sustainable Development Goals
- 2, 3, 5, 6, 7, 8, 12, 13, 15, 17
Importaco's sustainability strategy aligns with these SDGs through initiatives related to food security, health, gender equality, water management, renewable energy, economic growth, sustainable consumption, climate action, biodiversity, and partnerships.
Sustainable Products & Innovation
- Products with reduced additives, salt, sugar, and fat; allergen-free products; products with probiotics derived from nuts.
Awards & Recognition
- Forbes Diamonds Award for Importaco Poland
- Runner-up prize at the Eneragen Awards