Climate Change Data

Pegasus Midco B.V.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Creating a safe and great place to work
  • Reducing GHG emissions in our operations and supply chains
  • Improving and promoting sustainable packaging
  • Reducing and managing our manufacturing waste
  • Protecting water levels and optimizing our water usage

Environmental Achievements

  • Our manufacturing sites in the UK no longer send any of their waste to landfills.
  • Maarheeze plant is investing in a water treatment system to reduce the water ratio of every liter of beverage produced.
  • Introduced tethered caps to facilitate recycling and litter reduction in line with the EU's Single-Use Plastics Directive (2019/904).

Social Achievements

  • Refresco Australia earned its first Great Place To Work certificate.
  • Developing a global DE&I strategy to strengthen efforts in Diversity, Equity & Inclusion (DEI).

Governance Achievements

  • Established a formal structure of governance for ESG, led by the CEO and supported by the Executive Committee and a Head of Group Sustainability.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • High inflation rates and increased operational costs put pressure on the bottom line.
  • General staff shortage globally, and finding the right talent is becoming increasingly difficult.
  • Growing stakeholder concerns and changes in laws and regulations relating to plastic packaging and waste.
  • Climate change and water-related risks.
Mitigation Strategies
  • Pricing initiatives to cover higher input and operating costs.
  • Local initiatives such as salary benchmarking, enhancing employer brand, leveraging dedicated recruitment software, developing leadership skills, and improving onboarding processes.
  • Integrating sustainable packaging into customer and supplier strategies with the aim of reducing the amount of plastic in beverage containers and secondary packaging.
  • Investing in energy-efficient equipment and processes, energy awareness programs, and collaborative initiatives throughout the supply chain.
  • Funding sustainable water treatment programs to reduce the impact of discharged water on the environment and exploring ways to reduce water consumption in production processes.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Climate change and water-related risks
Transition Risks
  • Changes in laws and regulations relating to plastic packaging and waste

Reporting Standards

Frameworks Used: CSRD

Certifications: SQF, BRC, FSSC 22000, IFS Food

Sustainable Products & Innovation

  • Plant-based bottles
  • Mono-material drink cartons

Awards & Recognition

  • Great Place To Work certificate (Australia)