Climate change and legal or regulatory responses thereto may have a long-term adverse impact on our business and results of operations.
Climate change poses risks on our business and our stakeholders. We rely on agricultural crops and water as our key ingredients, we require raw materials for our packaging and we need energy and fuel to brew, transport and cool our beverages. The environmental and social climate-related impacts in our value chain also affect the local communities and people where we live and work.
We are working collaboratively with suppliers to build capabilities and sharing best practices. We are working to reduce our carbon emissions across our value chain in line with emerging science.
- Our circular packaging strategy helps reduce greenhouse gas emissions, through light weighting, recycling and reuse of materials.
- We work with agricultural suppliers to improve energy efficiency, improvements in water conservation and crop yields, and introduce regenerative agriculture practices to enrich soil health while increasing carbon capture. We also believe implementing nature-based solutions can improve watershed health and help tackle climate change.
- Our production and manufacturing operations are being optimised for energy efficiency and reducing emissions.
- In distribution, the focus is on increased fuel efficiency; light weighting of trailers, reduction of payloads through light-weighting of glass and other containers. We are poised to venture into electric and hybrid vehicles. We already use battery powered forklifits within our factories.
- We continue to reduce the population of HFC refrigerators and replace them with newer HFC-free and energy efficient units.
