Vibrant Foods Ltd.
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:3689 tCO2e (Scope 1 & 2)
Renewable Energy Share:55%
ESG Focus Areas
- Quality
- Climate
- Culture
- Communities
Environmental Achievements
- Reduced climate impacts of manufacturing by using 55% green electricity, avoiding 824 tCO2e emissions.
- Assessed 19 key suppliers in India for ESG practices, with 4 using on-site solar energy, 5 paying premium prices to farmers, 8 operating in LEED Gold certified buildings, and 11 having BRC AA food safety accreditation.
Social Achievements
- Defined company purpose, vision, and values.
- Voluntarily calculated gender pay gap (8.4% higher median pay for males).
- Encouraged 99% of team to get vaccinated against COVID-19.
- Launched Care & Connect initiative with workshops and coaching at Croxley Park HQ.
- Introduced Employee Assistance Programme (EAP).
Governance Achievements
- Maintained AA BRCGS rating at two largest factories (A rating at a third).
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Achieve Net Zero Emissions for Scope 1 & 2 emissions.
- Quantify Scope 3 emissions and set reduction targets.
Short-term Goals:
- Roll out ESG questionnaire to 80% of suppliers.
- Implement minimum ESG standards for suppliers.
Environmental Challenges
- Global supply chain shocks and Brexit.
- Need to consolidate data from across multiple brands.
- Quantifying indirect climate impacts (Scope 3 emissions).
Mitigation Strategies
- Partnered with KPMG India and FSQS for supplier assessments.
- Developed detailed ESG questionnaire for suppliers.
- Partnered with HowGood to assess climate impacts of ingredients.
Supply Chain Management
Supplier Audits: 19 in 2021 (25% of procurement spend)
Responsible Procurement
- ESG questionnaire
- Development of minimum ESG standards