Climate Change Data

Axereal

Climate Impact & Sustainability Data (2022-07 to 2023-06)

Reporting Period: 2022-07 to 2023-06

Environmental Metrics

Total Carbon Emissions:440,665 tCO2e/year (scopes 1 and 2)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:3,064,268 tCO2e/year (Boortmalt)
Renewable Energy Share:Not disclosed
Total Energy Consumption:2,275,075 MWh/year
Water Consumption:7,947,664 m3/year
Waste Generated:41,656 tons/year
Carbon Intensity:117 kg CO2 eq. per tonne (processing businesses)

ESG Focus Areas

  • Regenerative Agriculture
  • Climate Change
  • Sustainable Agriculture
  • Animal Welfare
  • Staff Health and Safety
  • Sustainable Channels
  • Circular Economy
  • Food Safety

Environmental Achievements

  • Reduced greenhouse gas emissions (scopes 1 and 2) by 10% compared to 2021-2022
  • 5% reduction in road transport emissions (own fleet by 2024 and subcontracted operations by 2025)
  • 94% waste recycling rate
  • Antwerp heat loop project expected to cut Antwerp site’s carbon footprint by 70%
  • Axereal Elevage cut electricity consumption by 2%
  • Boortmalt installed a solar carport at its Antwerp site, avoiding CO2 emissions of more than 1,000 tonnes per year
  • Optisteep system rolled out to additional Boortmalt sites, cutting malting process water consumption
  • Axiane Meunerie launched the first low-carbon flour

Social Achievements

  • 8% reduction in the reportable accident frequency rate in 2022-2023 compared to the previous year
  • 85% of farmers working with Force Centre received training in animal welfare
  • Axereal Elevage halved workplace accidents over the last four years
  • Launched the Discover programme for apprentices, interns, and volunteers
  • Launched the Starting Block onboarding pathway for new staff
  • Signed an agreement with trade unions on employing disabled staff

Governance Achievements

  • Implemented a framework inspired by the ISO 31000 standard for risk management
  • Boortmalt awarded a silver medal by EcoVadis for its CSR strategy

Climate Goals & Targets

Long-term Goals:
  • Reduce GHG emissions by 46% by 2050 (aligned with French national strategy)
  • Eliminate waste to landfill by 2030 (Boortmalt)
Medium-term Goals:
  • Reduce GHG emissions by 19% by 2030 (aligned with French national strategy)
  • Cut water consumption by 30% between 2020 and 2030 (Boortmalt)
  • Reduce greenhouse gas emissions by 42% by 2030 (Boortmalt)
Short-term Goals:
  • Sell one million tonnes of grain under sustainable channels for the 2023 harvest
  • Achieve 100% animal welfare training for farmers by end of 2023
  • Achieve 100% sustainable barley in supplies by 2030 (Boortmalt)

Environmental Challenges

  • Climate change and its effects on agriculture
  • Volatile commodity prices
  • Soaring interest rates
  • Meeting consumer expectations for responsibly produced products
  • Ensuring the long-term future of farming businesses
  • Reducing greenhouse gas emissions
  • Developing sustainable channels
  • Implementing a sustainable agriculture strategy
  • Saving energy and pre-empting climate change
  • Looking after animal welfare
  • Complying with legislation on sites
Mitigation Strategies
  • Implementing regenerative agriculture
  • Developing low-carbon trajectory to 2030
  • Investing in digitalization
  • Developing new sustainable channels
  • Improving energy efficiency
  • Implementing CultivUp sustainable agriculture standard
  • Providing training and developing solutions
  • Implementing a comprehensive safety policy
  • Developing a sustainable development road map for each business

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Sustainable barley sourcing (Boortmalt)
  • Commitment to stop purchasing soybeans from deforested areas by 2025 (Axereal Elevage)
  • Code of conduct to be added to all supplier contracts (Boortmalt)

Climate-Related Risks & Opportunities

Physical Risks
  • Unpredictable weather events
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products
  • Regenerative agriculture

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs), SBTi (Boortmalt)

Certifications: ISO 50001 (Axereal Elevage), FSSC 22000 (Boortmalt), ISO 22000 (Boortmalt)

Third-party Assurance: KPMG

UN Sustainable Development Goals

  • SDG 2: Zero Hunger
  • SDG 6: Clean Water and Sanitation
  • SDG 7: Affordable and Clean Energy
  • SDG 8: Decent Work and Economic Growth
  • SDG 12: Responsible Consumption and Production
  • SDG 13: Climate Action
  • SDG 15: Life on Land

Axereal's strategy and initiatives contribute to these goals through regenerative agriculture, sustainable channels, energy efficiency, animal welfare, and waste reduction.

Sustainable Products & Innovation

  • Low-carbon flour (Axiane Meunerie)
  • Pesticide-residue-free flour (Axiane Meunerie)

Awards & Recognition

  • Not disclosed