Environmental, Social and Governance (ESG) performance has always been part of Glanbia’s ethos. Our name, Glanbia, means ‘pure-food’ and our long, rich heritage runs all the way back to the early 1900s. Naturally, as an organisation, Glanbia has evolved and grown and today, our consumer brands and ingredients nourish millions of people around the world. As an organisation, our actions are guided by our purpose to deliver better nutrition for every step of life’s journey and everything we do reflects our respect for each other and for the earth.
Glanbia is committed to transparent reporting of our environmental and social impact, and today we are launching our first GRI Report in accordance with Global Reporting Initiative (GRI) standards and TCFD recommendations and aligned to the UN SDGs. In this report, which is intended to supplement the ESG review within the Glanbia plc ‘s Annual report, we are sharing detailed information with respect to our material topics, our ESG ambition and strategy. Our report outlines the progress we are making and sets out our future commitments and action plans.
In preparing this report, we have taken into account all requirements and guidelines from GRI, especially GRI’s reporting principles. In 2022, through formal engagement with a wide range of stakeholders we updated our impact materiality assessment in line with GRI standards and are reporting progress against the material topics.
Target highlights from the 2022 GRI Report include:
- 50% absolute reduction in operations’ emissions (Scope 1 & 2) by 2030 vs 2018 baseline.
- 25% reduction in dairy emissions intensity (Scope 3) by 2030.
- 100% recyclable, reusable or compostable consumer packaging by 2030.
- 2025 TRUE Zero Waste certification by 2025.
- 10% further reduction of freshwater use by 2025 vs 2021 baseline.
- 45% minimum female representation at management level.
- Employee Health & Safety – non-negotiable target of Zero critical injuries.
- 100% of Glanbia sites maintain a globally recognised third party certification for Food Safety & Quality.
In the last year, we have incorporated these commitments into our executive remuneration policy and our capital investment strategy. While we are proud of what we have achieved to date, we are constantly challenging ourselves to do more. We have set ourselves ambitious targets which will guide our contribution to a sustainable future as a leader in global nutrition.
Read more about our impact materiality assessment here and download the full GRI report here.