Richardson International
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- 85,000 metric tonnes of steam captured annually and condensed for use in other processing activities (All locations).
- 99.9% reduction of atmospheric sulfur emissions (Yorkton, SK (Oilseed)).
- > 4,000 tonnes CO2 emission reduction annually (Great Ryburgh, UK; Hamburg, GER).
- > 60,000 metric tonnes wastewater recovered and treated annually.
- > 70% reduction in discharge of fats, oils, and greases into wastewater (Oakville, ON).
- 43,000+ gallons processed annually with USD $200,000+ cost savings. (South Sioux City, NE).
- ~5-10% reduction in natural gas consumption per 1 metric tonne of canola oil or oat product produced (Portage La Prairie, MB; Lethbridge, AB; Bedford, UK).
- 50-70% reduction in electricity consumption.
- 17% KW per hour reduction in electrical consumption (Barrhead, AB).
- > 126,000 cubic metres per year reduction in natural gas consumption
- 50% less drying time, 63% less energy consumption per metric tonne grain dried versus conventional drying unit (Lamont, Lacombe, Dunvegan, Provost, AB; Dixon, SK).
Social Achievements
- $1 MILLION+ donated by Richardson to support United Way Winnipeg partner agencies
- $30,000 to fund elementary school curriculum-based programs, learning activities, and educational resources designed to explore agriculture
- $300,000+ contributed to the redevelopment of the Ag Grow Land exhibit for early childhood education in modern agriculture
- $775,000 DONATED to fund 33 community projects in 2023
- $500,000 annually to fund local initiatives and groups
- $75,000 pledged to the Coronach Recreation Board to help repair the community pool
- $20,000 donated to the Irma Minor Ball Association
Governance Achievements
- Implementation of a robust code of conduct and anti-bribery/corruption compliance programs.
- Regular monitoring and review of policy implementation.
- Annual financial audits.
- Consistently modernize and transform our food safety strategy and food safety management systems.
Climate Goals & Targets
Short-term Goals:
- 2025: 4 million 4R-designated acres
Environmental Challenges
- Minimizing environmental impacts of fertilizer use without sacrificing crop yields.
- Maintaining cybersecurity and data privacy in a complex global business.
- Managing risks associated with food safety and defense across a vertically integrated supply chain.
Mitigation Strategies
- Promoting 4R Nutrient Stewardship.
- Regular cybersecurity assessments and implementation of security controls.
- Robust quality assurance and food safety protocols, including risk assessments and preventative control programs.
Supply Chain Management
Responsible Procurement
- Supplier risk management program
- Sedex Members Ethical Trade Audit
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Sustainable Development Goals (SDGs)
Certifications: GMP + B3, SQF Level 3, BRC, FSSC22000, CTPAT, PIP