Sánchez Cano Group
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:22,882 tCO2eq (2021: 19,451 tCO2eq)
Total Energy Consumption:153,147 MWh (2021: 127,528 MWh)
Water Consumption:352,581 m3 (2021: 280,928 m3)
Waste Generated:5,584 tons (Brazil) + 1,392 tons (Spain) (2021 data partially available)
ESG Focus Areas
- Climate Change
- Circular Economy
- Employee Well-being
- Consumer Well-being
Environmental Achievements
- Significant reduction of hazardous waste from the Brazilian factory
- Calculation of greenhouse gas emissions according to the GHG protocol.
- Efficient waste management and the use of water and energy.
Social Achievements
- Contribution to the economic development of local communities with more than 3,600 people employed (an increase of 20%)
- 88.6% of personnel surveyed consider that all employees are treated equally, regardless of their gender, color, age or sexual orientation.
- Various social initiatives aimed at fostering local sustainability and improving the environment around its facilities.
Governance Achievements
- Development and approval of a 2023-2030 sustainability strategy
- Creation of a Code of Conduct and Ethical Guidelines (to be launched in 2023)
- No incidents of corruption identified in 2022
Climate Goals & Targets
Long-term Goals:
- Having one-third of products and new investments validated by the ESG filter (>30%)
- Achievement of certification for an excellent work environment
- Recognition as a dedicated consumer well-being company
- Obtaining Zero Waste certification for factories (AENOR) and Life Cycle Assessment certification (ISO)
- Become a Net Zero company
Medium-term Goals:
- Having the majority of products and new investments validated by the ESG filter (>80%)
- Initiation of the Inventing Joy strategy
- Implementation of educational and awareness campaigns
- Application of the 5R principles in the production chain to significantly reduce the amount of waste
- Achieve nearly 100% renewable energy consumption (>90%)
Short-term Goals:
- Establishment of the ESG filter and marketing of the first sustainable products (>10%)
- Implementation of people management tools
- Definition of consumer well-being priorities
- Establishment of waste management processes, with recycling as the top priority
Environmental Challenges
- Disproportionate increase in inflation and the war in Ukraine leading to significant increase in prices for raw materials and energy, and disruptions in transportation and global logistics.
Mitigation Strategies
- Demonstrated resilience and found innovative solutions to maintain production levels, deliver orders on time and preserve customer satisfaction.
Supply Chain Management
Responsible Procurement
- Policy of working with national suppliers
- Development of a supplier policy and questionnaire to ensure ESG criteria are met
- Procedure for control and verification of subcontracted supplies and services
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards
Third-party Assurance: Crowe Accelera Management, S.L.
UN Sustainable Development Goals
- Unspecified, but mentioned in relation to the company's overall sustainability goals.
The four strategic pillars of Fini's ESG strategy aim to contribute positively to the SDGs.
Sustainable Products & Innovation
- Fini Smoofree (100% vegan range with 30% fruit juice)
- Zero Gluten liquorice
- Products that are gluten-free, sugar-free, and suitable for vegan consumers