Climate Change Data

Environmental Metrics

ESG Focus Areas

• Protecting the Environment
• Looking After People and Communities
• Delivering Product Excellence
• Transforming our Supply Chain

Environmental Achievements

• Achieved a GHG emissions intensity of 0.62 MT CO2e/MT CPO in 2020, resulting in a 24.4% reduction, exceeding our target earlier than expected with the main driver coming from our methane capture plants
• 25 methane capture facilities at our CPO mills are operational, saving 598,435 MT CO2e of GHG emissions annually
• 31,640 ha of HCV areas and HCS forests set aside for conservation area in our oil palm plantations in Indonesia, Malaysia, Ghana and Nigeria (about 10% of our total landbank)
• 826 ha of additional conservation area at our sugarcane plantations and mills in Australia and India
• Reuse 100% of solid waste generated from our palm oil milling processes

Social Achievements

• Women’s Working Groups or Gender Committees have been set up in 100% of our oil palm plantations in Indonesia, Malaysia, Ghana and Nigeria
• Assessed 100% of our employees and contractors to ensure that they are paid a living wage
• Contributed US$36.76 million towards community investment and philanthropic activities
• Total employee turnover rate decreased from 12.2% in 2019 to 7% in 2020
• Spent over US$ 4 million on employee training and development

Governance Achievements

• No reported incidents of anti-competitive behaviour, monopolistic practice or corruption cases involving Wilmar
• No significant incidents of non-compliance with any relevant environmental and socio-economic laws or regulations in our operations

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impact
• Deforestation rates in Indonesia
• Forest fires in Indonesia and Australia
• Water stress in India and Australia
• Lack of industry-wide alignment on approaches to addressing deforestation in the supply chain

Mitigation Strategies

• Channelled over US$15.69 million towards the provision of food supplies, medical equipment and supplies, and financial contributions
• Actively engaged in driving the transformation of the rest of the industry towards implementing similar commitments
• Adheres to a strict zero-burn policy
• Implemented comprehensive procedures to safeguard water quality
• Conducting a due diligence process for new suppliers and supplier assessments for existing suppliers
• Launched our Supplier Group Compliance Programme (SGCP)

Supply Chain Management

Supplier Audits: 919 suppliers assessed, 574 completed SRTs

Responsible Procurement

• Supplier Guidelines
• Supplier Group Compliance Programme (SGCP)
• Supplier Reporting Tool (SRT)
• Grievance Mechanism
• NDPE Implementation Reporting Framework (NDPE IRF)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events such as floods and droughts
• Increasing pressure on fertile soils

Transition Risks

• New regulations restricting emissions
• Disruptive new technologies
• Litigation claims
• Increased consumer awareness

Opportunities

• Demand for sustainable biofuels
• Reduced dependency on diesel for electricity generation

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB Standards, TCFD recommendations

Certifications: ISO 14001, ISO 45001

Third-party Assurance: Ernst & Young LLP and Control Union Certifications

UN Sustainable Development Goals

• Goal 4
• Goal 8
• Goal 12
• Goal 13
• Goal 15
• Goal 17

Wilmar's activities contribute to these goals through various initiatives related to education, decent work, responsible consumption and production, climate action, life on land, and partnerships

Sustainable Products & Innovation

• Plant-based protein
• Soaps and detergents using vegetable-based surfactants
• Helga’s Digestive Wellbeing breads and wraps
• Bush Oven Outback Bread

Awards & Recognition

• Meritorious Unit Citation

Environmental Metrics

ESG Focus Areas

• Climate Change
• Biodiversity and Conservation
• Responsible Sourcing and Supply Chain Transformation
• Human Rights and Labour Standards
• Employee Health, Safety and Well-being
• Data Security and Privacy
• Business Ethics and Compliance
• Sustainable Packaging
• Product Quality and Safety
• Consumer Health and Well-being
• Innovation and Technology
• Economic and Community Contribution
• Diversity and Inclusion
• Talent Management

Environmental Achievements

• Reduced plastic consumption by 3,318 MT in 2022
• Reduced packaging waste by 6,419 MT (more than 40% of its target)
• Achieved 100% renewable electricity for Goodman Fielder's operations in Australia and New Zealand
• Increased total installed power capacity of PV plants in China to 60 MWp
• GHG emissions intensity in 2022 was 0.68 tCO2e per MT CPO for palm oil mills in Indonesia, Malaysia, Ghana and Nigeria
• Water consumption intensity targets achieved in Indonesia and Nigeria
• 61% of total waste generated in 2022 was diverted from disposal
• 32,544 ha of HCV areas and HCS forests set aside as conservation area

Social Achievements

• Supported 12,093 children of compulsory school-going age (89.5% of children in our plantations) in their education
• Spent over US$3.76 million on employee training and development
• Average of 15 hours of training attended per employee
• 100% of our oil palm plantations in Indonesia, Malaysia, Nigeria and Ghana have Women’s Working Groups (WoW) or Gender Committees
• Improved Occupational Health and Safety (OHS) performance with an 18.7% drop in LTIR
• Contributed over US$24.54 million to community investment and philanthropic activities
• Assessed 100% of employees and contractors to ensure living wage payment
• Engaged 100% of suppliers in the SRT programme to determine living wage payment for their employees and contractors

Governance Achievements

• Adopted an updated Board Diversity Policy with quantitative gender diversity targets
• No reported incidents of corruption cases involving Wilmar or our employees
• No significant incidents of non-compliance with environmental and socio-economic laws

Climate Goals & Targets

Environmental Challenges

• Ongoing economic crisis
• Geopolitical instability
• Increasing threat of climate change
• Supply chain disruptions due to climate events
• Project delays due to the COVID-19 pandemic
• Difficulties in sourcing GM-free ingredients
• Balancing lightweight packaging with product safety and quality
• Addressing food waste at home
• Addressing systemic labour and human rights risks in Indonesian oil palm plantations

Mitigation Strategies

• Investing in R&D of climate-resilient palm seedlings
• Implementing sustainable agronomic practices
• Developing comprehensive targets aligned with SBTi
• Developing timebound strategies to achieve near-term and net-zero emission reduction targets
• Implementing energy efficiency projects
• Investing in R&D to identify environmentally friendly solutions
• Lightweighting packaging
• Introducing half loaf bread products
• Working with Verité to identify root causes of labour issues
• Implementing a three-year strategy to enhance systems and address labour rights issues
• Implementing a 24/7 fire monitoring system
• Implementing an integrated fire monitoring platform
• Engaging with suppliers to implement NDPE commitments
• Developing a Palm Oil Sectoral Roadmap
• Implementing the NDPE Sugar Initiative

Supply Chain Management

Supplier Audits: 920 (100%) suppliers assessed (palm); all refineries and phased roll-out to mill suppliers in Latin America (sugar)

Responsible Procurement

• Supplier Guidelines
• NDPE Policy
• NDPE Sugar Policy
• Supplier Reporting Tool (SRT)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (floods, droughts)
• Pressure on fertile soils

Transition Risks

• Regulatory changes
• Market shifts
• Reputational risk

Opportunities

• Access to new markets for renewable energy
• Reduced operating costs through lower-emission energy sources
• Development of new sustainable products and services

Reporting Standards

Frameworks Used: GRI Standards 2021, GRI 13: Agriculture, Aquaculture and Fishing Sectors 2022, SASB Standards, TCFD recommendations, UN Guiding Principles Reporting Framework

Certifications: ISO 14001, ISO 45001, RSPO, ISPO, MSPO, Bonsucro, Smartcane BMP, ISCC, GMP+, FAMI-QS

Third-party Assurance: Ernst & Young LLP; Control Union Certifications

UN Sustainable Development Goals

• Goal 4 (Quality Education)
• Goal 8 (Decent Work and Economic Growth)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)
• Goal 15 (Life on Land)
• Goal 17 (Partnerships for the Goals)

Wilmar's initiatives contribute to these goals through various programs and commitments related to education, employment, resource management, climate change mitigation, biodiversity conservation, and stakeholder partnerships.

Sustainable Products & Innovation

• Plant-based protein products
• Healthier oils
• Black highland barley Tartary buckwheat noodles
• Formula 641

Awards & Recognition

• Technology Innovation Award (2022 Packaging Innovation and Sustainable Development Awards)
• Recycling Scheme Award (Blue Star Sustainable Development Packaging Competition)
• Bronze in the 2022 Australasian Packaging Innovation & Design Awards

Environmental Metrics

ESG Focus Areas

• Environmental protection and conservation
• Prioritising people and communities
• Responsibility to consumers
• Supply chain transformation

Environmental Achievements

• Maintained a total conservation area of over 32,000 hectares across the Group.
• Reduced Fatality and Permanent Disability incidents by 50% through risk-based programmes.
• Approximately 20% of Wilmar sites have been certified in either ISO 14001, ISO 45001 or both.

Social Achievements

• Ranked 1st and recognised as a “Leader” in the Global Child Forum’s Children Rights Benchmark.
• Supported the education of over 12,000 children living in our plantations globally.
• Launched Seeds Internship 2.0 at Adani Wilmar.

Governance Achievements

• Maintained inclusion in the Dow Jones Sustainability Indices (DJSI) World and Asia Pacific Index.
• Retained inclusion in the FTSE4Good Index Series.
• Received an ‘AA’ rating in the Morgan Stanley Capital International (MSCI) ESG Rating Report.

Climate Goals & Targets

Environmental Challenges

• Weaker consumer demand and heightened geopolitical tensions.
• High feedstock cost for the flour business.
• Lower palm oil prices.

Mitigation Strategies

• Building strategic partnerships in our quest for expansion and growth.
• Expanding distribution channels and utilising our prominent brands.
• Exploring methods to increase FFB yields, without the need for further land expansion.

Supply Chain Management

Responsible Procurement

• code of conduct
• supplier sustainability requirements
• NDPE Policy
• NDPE Sugar Policy
• Coconut Responsible Sourcing Policy
• Human Rights Policy

Climate-Related Risks & Opportunities

Physical Risks

• extreme weather events

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC, SAI Platform

Certifications: ISO 14001, ISO 45001, RSPO

UN Sustainable Development Goals

• Not disclosed

Sustainable Products & Innovation

• plant-based chicken products

Awards & Recognition

• Fortune Global 500
• Forbes Global 2000
• Top 100 Singapore Brands
• Dow Jones Sustainability Indices (DJSI) World and Asia Pacific Index
• FTSE4Good Index Series
• Global Child Forum’s Children Rights Benchmark