Climate Change Data

Genus plc

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Sustainable Agriculture

Environmental Achievements

  • Reduced CO2e emissions per kg carcass weight in beef production
  • Reduced CO2e emissions per market pig in pork production
  • Reduced carbon footprint for Energy Corrected Milk (ECM) in dairy production

Social Achievements

  • Gene editing research to render PRRS virus almost harmless to pigs, improving animal welfare and reducing economic losses
  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Beef: 9M index points per year improvement (equivalent to a decrease in feed-conversion ratio of 0.27 per year and a yearly decrease in CO2e emissions of 0.1260 kg/kg carcass weight)
  • Pork: 15M index points per year improvement (equivalent to a 2.22 kg CO2e reduction per market pig per year)
  • Dairy: 231 NM dollars increase (1 genetic standard deviation) and a 1.115% decrease in the carbon footprint for ECM over 3.5 years

Environmental Challenges

  • Difficulty in accurately measuring methane emissions from livestock
  • Variations in manure storage emissions based on system type
Mitigation Strategies
  • Use of robust IPCC models to assess methane and other GHGs produced from feed
  • Use of standard US split of slurry, solid storage, and dry lot storage for manure emissions modelling in beef and dairy

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: IPCC

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Gene-edited pigs resistant to PRRS virus

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:77,366 tCO2e/year
Scope 1 Emissions:67,601 tCO2e/year
Scope 2 Emissions:9,765 tCO2e/year
Scope 3 Emissions:13,542 tCO2e/year (Business Travel)
Total Energy Consumption:22,544,402 MWh/year
Carbon Intensity:6.04 tCO2e per tonne of animal weight

ESG Focus Areas

  • Sustainable Protein Production and Food Quality
  • Environment
  • Animal Well-being
  • Responsible Employer of Choice
  • Community

Environmental Achievements

  • Reduced Scope 1 and 2 emissions by 14% compared to 2019 baseline
  • Improved primary intensity ratio by 36% compared to 2019 baseline

Social Achievements

  • Launched TakeStock, a new employee share scheme with over 25% of eligible employees participating
  • Recordable injury frequency rate of 2.03 incidents per 100 employees, slightly lower than last year

Governance Achievements

  • Updated oversight on climate-related issues to ensure focus at the highest level
  • Incorporated incentives for the management of climate-related issues into its remuneration policy for Executives

Climate Goals & Targets

Long-term Goals:
  • Net zero GHG emissions by 2050
Medium-term Goals:
  • Expand availability of PRRSv-resistant pigs and keep building royalty business in China
  • Achieve regulatory approval for PRRSv-resistant pigs in China and other target markets and accelerate work on reproductive technology
  • Reduce primary intensity ratio by 25% by 2030 compared to 2019 baseline
Short-term Goals:
  • Obtain approval for and launch PRRSv-resistant pigs
  • Implement actions arising from review of approach to serving customers

Environmental Challenges

  • Challenging market conditions for customers, including economic uncertainty, volatile pig prices, and disease outbreaks
  • Weak Chinese porcine market
  • Challenging markets in Latin America
  • Higher interest rates
  • Impact of the Russia-Ukraine conflict
  • Global macroeconomic conditions
Mitigation Strategies
  • Robust pricing strategies to mitigate cost inflation
  • Effective cost management
  • Continued investment in gene editing
  • Strengthening supply chains
  • Investment in digitalization
  • Development of long-term customer relationships
  • Hedging strategy to manage exposure to commodity price volatility

Supply Chain Management

Responsible Procurement
  • Use of third-party multiplier farms
  • Spreading facilities across the world

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Increased prevalence of pests, diseases, and zoonotic infections
  • Risks to critical infrastructure
Transition Risks
  • Increasing consumer interest in alternative proteins
  • Failure to produce genetic improvement that adapts to different climatic environments
  • Government policies encouraging carbon emissions reduction
Opportunities
  • Development of climate-smart genetics

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 27001 (Cybersecurity)

Third-party Assurance: DNV Business Assurance Services UK Limited

UN Sustainable Development Goals

  • Goal 2 (Zero Hunger)
  • Goal 7 (Affordable and Clean Energy)
  • Goal 13 (Climate Action)
  • Goal 5 (Gender Equality)
  • Goal 1 (No Poverty)

Genetic improvement helps customers produce more food with fewer resources, reducing environmental impact and improving livelihoods.

Sustainable Products & Innovation

  • PRRSv-resistant pigs
  • NuEra beef genetics
  • Sexcel sexed genetics