Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• $32 million invested in new technology and process improvement to reduce energy consumption
• $8 million upgrade to air emission controls at Taber sugar beet plant
• All 9 facilities certified under Global Food Safety Initiative (GFSI) compliant schemes

Social Achievements

• 15% reduction in lost time recordable incident rate in the last 3 years
• $300,000 charitable donations
• 9.4% employee turnover rate (excluding retirement) in 2020 (improved from 11.5% in 2019)

Governance Achievements

• 100% of managers' incentive pay linked to one or more ESG objectives
• 17% women on Rogers’ Board
• Board approved and adopted diversity policy and say on pay policy (effective May 5, 2021)

Climate Goals & Targets

Environmental Challenges

• Limited data for the recently acquired Maple segment
• Cybersecurity threats
• Supply chain disruptions (implied)

Mitigation Strategies

• Continual investment in information technology systems, infrastructure and security, and employee training to mitigate cybersecurity risks
• Supplier certification requirements built into procurement policies to ensure responsible sourcing
• Extensive protection measures and protocols established during the COVID-19 pandemic to ensure employee health and safety

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier certification requirements on workers’ working conditions, wages and child labour; sugar beet growers audit against Sustainable Agriculture Initiative (SAI); Bonsucro and Vive sustainability certifications in certain circumstances.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Published its first Environmental, Social and Governance report in June 2021

Social Achievements

• 15% Reduction in lost time recordable incident rate in last 3 years
• Charitable donations of $300K

Governance Achievements

• 17% Women on Rogers’ Board
• 100% Managers’ incentive pay is linked to one or more ESG objectives

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic creating volatility and impacting operations
• Inclement weather affecting sugar beet crop in Alberta
• Labor shortages and transportation issues
• COVID-19 related expenditures for preventive measures and logistics
• Costs associated with the recognition of a prior period past service charge related to the new Montreal refinery collective bargaining agreement

Mitigation Strategies

• Effective mitigation plan to deliver solid financial results
• Adjusted supply chain to compensate for weather-related issues
• Increased sales volume to mitigate the impact of COVID-19 volatility
• Reached an agreement for the renewal of the collective labour agreement with the main union at our Montreal facility

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Climate Action
• Operational Waste
• Water Management
• Packaging
• Health & Safety
• Diversity, Equality & Inclusion
• Human Rights
• Employee Wellbeing & Development
• Food Safety
• Community Involvement
• Strong Governance Structures
• Ethical Business Practices
• Board Equality
• Board Independence
• ESG Associated Pay
• Responsible Sourcing
• Ethical Sourcing
• Sustainable Sourcing
• Traceability & Monitoring
• Certification/Verification

Environmental Achievements

• Reduced lost time recordable incident rate by 47% compared to 2021 and 41% compared to 2018.
• Invested over $9 million since 2018 in projects improving manufacturing process energy efficiency and reducing carbon emissions.
• 74% of non-hazardous waste from three largest facilities diverted from landfill in 2022.
• Sale of by-products equated to approximately 2% of total Company revenue in 2022.

Social Achievements

• Achieved a record low incidence rate across operations in 2022.
• Released initial Ethical Sourcing Policy and Ethical Sourcing Supplier Code of Conduct in 2022.
• Charitable donations of $231,000 in 2022.
• All nine facilities certified as Global Food Safety Initiative (GFSI) compliant.

Governance Achievements

• Created a formal ESG structure and onboarded a new Director of Sustainability.
• 100% of Managers’ incentive pay linked to one or more ESG objectives.
• 33% women on Rogers’ Board.

Climate Goals & Targets

Environmental Challenges

• Climate change impacts on sugar cane and sugar beet crops (supply disruption and increased costs).
• Climate change impacts on maple syrup production (shorter production season and lower production).
• Managing waste streams and finding sustainable alternatives to landfill.
• Ensuring compliance with ethical sourcing standards across the supply chain.

Mitigation Strategies

• Expanded data gathering processes for GHG emissions (Scopes 1, 2, and 3), operational waste, water extraction, and packaging materials.
• Increased internal capacity to address sustainability and climate change.
• Developed and released Ethical Sourcing Policy and Code of Conduct.
• Multi-year supply partnership with Raízen for certified sustainable raw sugar.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Ethical Sourcing Policy and Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events damaging sugar cane and sugar beet crops.
• Impacts on maple syrup production due to temperature sensitivity.

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB

Certifications: FSSC 22000 (sugar), BRC (maple)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Bonsucro certified raw sugar

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance
• Responsible Sourcing

Environmental Achievements

• Transitioned Nature’s RAW packaging to a recycle-ready mono-polyethylene pouch.
• Removed black caps from all Rogers' own-brand maple syrup products.
• Joined the Canada Plastics Pact.
• Completed Sedex SMETA audits at Montreal and Vancouver cane refineries, and Taber sugar beet processing plant.
• Established logistical requirements for a multi-year supply partnership with Raízen for certified non-GMO and Bonsucro raw sugar.

Social Achievements

• Updated Ethical and Sustainable Sourcing Policy and Supplier Code of Conduct.
• Charitable donations of $350,000.
• 100% of GFSI certified facilities.
• Implemented a strategic energy management initiative at the Vancouver cane refinery, reducing natural gas and electricity consumption.

Governance Achievements

• 100% of independent directors on Rogers Sugar Inc. Board.
• Managers’ incentive pay linked to ESG objectives (100%).
• Formalized Responsible Marketing Policy.
• Updated Charitable Donation Guideline.

Climate Goals & Targets

Environmental Challenges

• Potential climatic impact on sugarcane and sugar beet crops.
• Impact of climate change on maple syrup production season.
• Potential changes to provincial carbon pollution pricing regulations.
• Water availability risk in Alberta due to below-average precipitation.
• Water-related risks in the supply chain from South and Central American suppliers.

Mitigation Strategies

• Active monitoring of water availability and engagement with stakeholders in Alberta.
• Exercise to identify additional water-related risks in the supply chain.
• Engagement with suppliers to gather better data and guide change.
• Increasing procurement of verified and certified agricultural materials.
• Detailed risk assessment of provincial regulatory regimes.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Ethical and Sustainable Sourcing Policy and Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events damaging crops
• Impact on maple sap flow

Transition Risks

• Changes to carbon pollution pricing regulations

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB Agricultural Products Standard

Certifications: GFSI

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Nature’s RAW recycle-ready packaging

Awards & Recognition

• Not disclosed