Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability

Environmental Achievements

• Total Produce UK transitioned 24 sites to “deep green” renewable energy, targeting a 20% reduction in CO2 emissions throughout 2021.
• 1,400 solar panels installed in Total Exotics in the Netherlands, meeting 25% of the facility’s energy requirements.
• Fruits & vegetables have the lowest environmental impact compared to other food categories (based on Euromonitor data).

Social Achievements

• Group prioritized the health and wellbeing of its people with a range of measures implemented to protect employees.
• Group played a vital role in keeping global supply chains open and continuing the supply of essential foodstuffs during the pandemic.
• Total Produce Ireland awarded Origin Green Gold Standard.

Governance Achievements

• Launch of Total Produce Plc Sustainability Website: www.totalproduce.com/sustainability
• “Insight” Global sustainability risk assessment app launched.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting foodservice demand.

Mitigation Strategies

• Increased wholesale and retail sales offsetting reduced demand from foodservice, demonstrating business resilience.
• Dole’s integrated business model facilitated effective supply chain performance.
• Strong presence in global fresh produce industry, diversity of operations and products, and exceptional response from its people enabled the group to meet challenges.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• environmental sustainability
• ethical sourcing
• social responsibility
• nutrition

Environmental Achievements

• 4% reduction in overall Scope 1 and Scope 2 global emissions from 2020 to 2021 (mainly due to commissioning of two new energy-efficient cargo vessels)
• Installation of two 2.8-megawatt wind turbines at a U.S. manufacturing facility
• Installation of 120 kWp solar panels at an Irish facility
• Addition of five new electric utility tractor rigs at a U.S. port terminal
• 20 banana operations certified by the Alliance for Water Stewardship, with plans to expand by 50% by 2030
• Awarded Origin Green Gold membership by the Irish Food Board for sustainability performance
• Awarded Business Multidimensional Poverty Index award for a social development initiative in Costa Rica

Social Achievements

• Support of community initiatives in the Americas
• Dalé Foundation's work in Ecuador and Peru (mobile medical units, schools, entrepreneurship training)
• Support of the Incredible Edibles Program in Ireland (teaching school children to grow produce)
• Zero-tolerance policy on discrimination and harassment with confidential reporting systems
• Annual international Key Talent Program for employee development
• Management Program for managers
• Free English and high school classes, skills training at Soledad, California salad plant

Governance Achievements

• Adoption of a Code of Business Conduct and Ethics
• Shareholding guidelines for executive officers

Climate Goals & Targets

Environmental Challenges

• Adverse weather conditions, natural disasters, crop disease, pests, and climate change impacts
• Product contamination and product liability claims
• Competition from other companies
• Transportation risks
• Fluctuations in market prices and demand
• Currency exchange fluctuations
• Increased commodity or raw product costs
• Global capital and credit market issues
• Public health outbreaks (e.g., COVID-19)
• Risks in international operations (e.g., legal/regulatory changes, political instability)
• Labor disruptions
• Negative brand perception
• Manufacturing facility interruptions
• Loss of key management
• Dependence on key suppliers
• Non-compliance with environmental laws
• Liability for environmental damage
• Litigation related to DBCP pesticide use
• Tightening labor market and labor cost increases
• Changes in immigration laws
• Climate change laws
• LIBOR transition
• Food safety and health regulations
• Anti-corruption laws (e.g., FCPA)
• Antitrust laws
• Litigation and regulatory enforcement concerning marketing and labeling
• Social media risks
• Information technology and cybersecurity risks
• Technological innovation by competitors
• Protection of intellectual property
• Difficulties in optimizing operations after the Merger
• Risks related to the sale of the fresh vegetables division
• Passive foreign investment company (PFIC) classification for U.S. tax purposes
• Difficulty enforcing judgments against the company in the U.S.
• Exclusive forum provisions in Articles of Association
• Material weakness in internal control over financial reporting
• Irish law provisions that could hinder a change in control
• Irish stamp duty on share transfers
• Irish dividend withholding tax

Mitigation Strategies

• Biosecurity and prevention strategies for TR4
• Contingency plans for TR4 (including GMO bananas)
• Recalls and enhanced sanitation procedures
• Price increases and operational efficiencies
• Foreign currency exchange forward contracts
• Supply agreements aligning with marketing agreements
• Business continuity plans
• Safety precautions and stockpiling of commodities
• Compliance with environmental laws and regulations
• Insurance coverage
• Remediation of contamination
• Managing labor costs
• Enhanced health and safety measures during COVID-19
• Investing in security safeguards
• Procedures to manage third-party service providers
• Remediation plan for material weakness in internal control
• Interest rate swaps to mitigate interest rate risk
• Arrangements with DTC to avoid Irish stamp duty

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Adverse weather conditions
• Natural disasters

Transition Risks

• Climate change laws
• Increased compliance costs

Opportunities

• Development of disease-resistant produce

Reporting Standards

Frameworks Used: Null

Certifications: Origin Green Gold membership, Alliance for Water Stewardship

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Disease-resistant produce

Awards & Recognition

• Origin Green Gold membership
• Business Multidimensional Poverty Index award