Darling Ingredients Inc

The company conducts a water risk assessment annually since 2020. The company covers all its direct operations in the risk assessment. The company discloses in 2019 it used WRI's Aqueduct, WWF's Water Risk Filter, Ecolab's Water Risk Monetizer. The company mentions that in the risk assessment conducted in 2019 it found that three sites, excluding non-critical sites, have high basin-level water risk. Two are located in California, and one is in New Jersey. It is unclear whether these sites are at high risk from a water quality or scarcity perspective.

The company mentions that it monitors various effluent parameters such as BOD, TSS, Nitrate, but it does not disclose the % of sites whose average wastewater metrics are in line with the IFC EHS guidelines. The company mentions it had zero events of non-compliance associated with water quantity and/or quality permits, standards, and regulations.The company does not disclose the water-related CAPEX or OPEX. It mentions that many of its large projects have a water-related aspect that is difficult to quantify, and that it believes that its water-related capital funding will continue to grow.

The company mentions it is committed to minimising its impacts on ecosystems and promoting biodiversity near its operations. It does not discuss areas of high biodiversity value in geographic regions where it operates and the impact of nutrient pollution on these areas. The company includes biodiversity and land use in its materiality assessment but it does not describe how this drives its water quality assessments.

The company does not disclose information.

The company does not disclose information.

The company does not disclose information.

The company mentions that in the risk assessment conducted in 2019 it found that three sites, excluding non-critical sites, have high basin-level water risk. Two are located in California, and one is in New Jersey. The company says that these sites have been prioritised for water risk mitigation activities, but the company does not describe any details. Furthermore, it is unclear whether the sites are at risk from a water quality or water scarcity perspective.

The company does not disclose information.

The company does not disclose information.

The company mentions it transforms waste from grocery stores, restaurants and slaughterhouses into either methane, which is then converted into electricity and heat, or material used in nutrient-rich fertilizer.

The company mentions that it invests in research and development to create new products, but it does not disclose the quantity invested for fertilisers.

The company’s fertiliser products are all organic and circular but the company has no discussion of growth for this business segment (or targets) despite its core biofuel segment producing digestate suitable for fertiliser products.

All the company’s fertilisers are organic, made from recycled waste.

The company provided a response to the investor letter and responded to the engagement questions. The company did not meet with the investor signatories. The company did not acknowledge the FAIRR’s assessment and did not provide feedback.