Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Founding member of Sustainable Winegrowing New Zealand since 2002
• Significant work underway with Toitu Envirocare (carbon reduction certification)

Social Achievements

• Specific programs in diversity and inclusion
• Focus on health, safety and wellbeing for all employees globally
• Wellbeing initiatives to promote physical, mental, and social wellbeing

Governance Achievements

• High standards of ethical behavior documented in a Code of Ethics
• Financial Products Trading Policy for employees and directors
• Formal Board Charter defining roles and responsibilities
• Diversity and Inclusion Policy
• Takeover Response Committee protocol for potential takeover offers

Climate Goals & Targets

Environmental Challenges

• Ongoing Covid-19 pandemic
• Significant global supply chain disruptions
• Global port congestion and constrained shipping line capacity
• Reduced sales in the on-premise channel due to lockdowns and social distancing

Mitigation Strategies

• Strong relationships with distributor partners
• Effective global sales team
• In-market sales teams and infrastructure
• Focus on established brands
• Investing in assets, brands, and people

Supply Chain Management

Responsible Procurement

• Modern Slavery Policy

Climate-Related Risks & Opportunities

Physical Risks

• Weather, disease, and pest control

Reporting Standards

Frameworks Used: NZ IFRS, IFRS

Third-party Assurance: Deloitte

Awards & Recognition

• Oyster Bay voted fan favourite for white wine (Australian Drinks Awards 2022)
• Oyster Bay recognised as the ‘25th Most Admired Wine Brand in the World’ (Drinks International Magazine)
• Delegat Crownthorpe Terraces Chardonnay awarded Champion White wine (New Zealand International Wine Show)

Environmental Metrics

ESG Focus Areas

• Sustainability

Environmental Achievements

• Achieved Carbon Reduce certification through Toitu
• 12 hectares riparian & wetland planting in Awatere valley
• 60% reduction in lees waste to landfill

Social Achievements

• 50/50 gender split in corporate management & sales leadership roles

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Global shipping still tight in H1
• COGS increased across production, shipping and packaging costs

Mitigation Strategies

• Significant ongoing investment in vineyard development and winery capacity expansion
• Cost of Grape impacted by vintage yield outcome and increase grape prices. Reducing cost reflects cycling out of low yielding 2021 vintage.
• Packaging, shipping & freight expected to stay high with ongoing inflationary cost increases and shipping lines passing on higher surcharges.

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: Null

Certifications: Carbon Reduce certification through Toitu

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed