San Miguel Food and Beverage Inc

The company does not have a science-based emission reduction target or methane-specific emission reduction target.

The company operates three divisions: beer and non-alcoholic beverages, spirits, and food and animal nutrition, including poultry and livestock farming, fresh meats, and dairy products. It has not disclosed GHG emission reduction targets for Scope 1 or Scope 2, though it monitors electricity reduction goals and adopts qualitative initiatives such as replacing lights with LEDs and installing solar panels. It has also built feed mills nationwide to reduce emissions from transporting raw materials and finished products. While the company procures raw materials like soybeans and wheat for feed, it does not provide quantitative data on Scope 3 emissions or disclose targets for reducing them.

The company does not discuss whether it is working with suppliers to reduce emissions from agriculture.

The company does not engage in innovative projects to reduce or mitigate emissions from feed farming.

The company does not engage in innovative projects to reduce or mitigate emissions from animal farming.

The company reports FY2023 Scope 1 emissions of 308,762 tCO2e and Scope 2 emissions of 345,244 tCO2e. However, it does not disclose the proportion attributable to the food segment.

The company does not disclose any information on GHG emissions from animal farming. The company does not disclose any information on GHG emissions from feed production. The company does not disclose any information on GHG emissions from land use change.

The company does not disclose to the CDP climate change questionnaire. The company does not disclose whether the GHG inventory data is audited by a third party.

The company reports an 11.90% increase in total GHG emissions, combining Scope 1 and Scope 2, from 584,442 tCO2e in 2022 to 654,006 tCO2e in 2023. For 2023, Scope 1 emissions are 308,762 tCO2e and Scope 2 emissions are 345,244 tCO2e. The company does not disclose quantitative reductions in emissions from feed, enteric fermentation, or manure management.

The company does not disclose information on a climate-related scenario analysis.

The company acknowledges financial risks from fluctuating feed ingredient costs, particularly grain prices impacted by market forces such as supply, demand, environmental regulations, and weather conditions. A grain supply shortage may increase production costs, and the company intends to use forward contracts to secure raw materials at reasonable prices. The company has not provided details on increased heat stress and mortality in animals. It recognises threats to communities and consumers from improper feed and veterinary medicine use due to capacity and information gaps but has not addressed rising veterinary and medicine costs or outlined mitigation plans. High energy costs are cited as increasing production expenses and reducing margins. In response, the company has implemented energy-saving initiatives, investing in energy-efficient machinery and renewable energy sources. It has not discussed potential carbon tax risks related to electricity or animal protein. The company has not disclosed any financially significant events related to climate risks during the reporting period.

The company does not disclose its commitment to align capital expenditures with its GHG targets.

The company sources soy for animal feed but does not disclose the percentage of feed ingredients this represents. 100% of soy is not sourced from deforestation-free areas or suppliers. The company has not undertaken a deforestation-related risk assessment to identify high-risk sourcing locations.

The company does not disclose having a deforestation/conversion-free target for soy.

The company does not report progress against its commitment. Nor did it respond to the CDP Forest Questionnaire in 2022.

The company does not disclose whether all sourced cattle come from regions free of deforestation risk. Additionally, it has not conducted a risk assessment or identified all high-risk locations.

The company does not report having a deforestation/conversion-free target for cattle.

The company does not disclose the proportion of cattle sourced which complies with its commitment. It does not state that progress against its commitment undergoes a third-party audit, nor did it respond to the CDP Forest Questionnaire in 2022.

The company does not disclose any information on how it engages soy suppliers on deforestation and does not provide support to soy producers to encourage deforestation-free production or improve traceability.

The company does not disclose how compliance is monitored or what actions are taken if non-compliance occurs. Furthermore, the company does not disclose the level of traceability in its soy supply chain.

The company is developing local alternative raw materials, like cassava, to replace corn in its feed supply. It also uses brewery and flour mill waste as feed ingredients, thereby mitigating land-use pressures and deforestation risks in its supply chain.

Deforestation is not referenced in the company's supplier code of conduct. Furthermore, the company does not disclose providing support to cattle producers to encourage deforestation-free production or improve traceability.

The company does not disclose how it monitors compliance with its commitment or the actions taken in cases of non-compliance. Furthermore, it does not disclose the level of traceability in its cattle supply chain.

The company does not disclose information regarding innovative and sustainable farming practices implemented to improve biodiversity and soil health.

The company identifies key water-related risks, including availability and potential cost increases, but does not disclose if it has conducted a risk assessment for its processing facilities, particularly those in high or medium water stress areas. In 2023, the company reported water consumption of 5,549 megalitres and set a quantitative water conservation target. It has implemented water-saving measures such as leak management, rainwater harvesting, and promoting water reuse and recycling, while encouraging employees to reduce consumption. Additionally, it educates business partners and local communities about water stewardship initiatives. From 2017 to 2023, the company saved 7,291,150 m3 of water, with the percentage of water recycled and reused increasing from 3.88% in 2022 to 5.43% in 2023.

The company has set a goal to reduce utility and domestic water use by 50% across the group by 2025, based on a 2016 baseline. However, it has not provided any updates on progress towards this target. Additionally, it has not set a time-bound target for reducing water consumption at specific facilities during the reporting year.

The company reports total water withdrawals of 16,297 ML in 2023, an increase from 14,575 ML in FY2022. It utilised 13,277 ML from groundwater, 496 ML from surface water, 5 ML from rainwater, and 2,264 ML from third-party sources. Water consumption also rose from 4,424 ML to 5,549 ML during this period. However, the company does not disclose withdrawals or consumption by water stress level, nor does it provide water-related CAPEX or OPEX figures. It is unclear whether the water data undergoes third-party auditing, and the company did not respond to the CDP Water Questionnaire 2023.

The company does not address water usage in its feed supply chain. It does not discuss comprehensive guidance, support, or incentives offered to suppliers/growers on water usage and has not established a partnership with a third party to input into sourcing/farming strategy.

The company does not disclose feed water intensity or the proportion of feed sourced from water-stressed areas. Furthermore, the company does not provide evidence that it is investing in sustainable feed production from a water-use perspective.

The company does not disclose the proportion of animal protein commodities produced or sourced in water-stressed areas. It does not disclose information addressing water scarcity in its animal supply chain, nor does it discuss guidance it offers to animal farmers/suppliers on water usage.

The company does not disclose having established partnerships with third parties to input into sourcing/farming strategy, including water use.

The company does not identify facilities that operate in locations with high and medium water stress from a quality perspective. It has not set a quality or volume target for wastewater, nor does it report the number of instances of non-compliance with water quality permits, standards, and regulations.

The company reports a total water discharge of 10,750 megalitres in 2023 but does not disclose the quality of the wastewater. Additionally, it has not confirmed if this data is audited by a third party or disclosed to the CDP.

The company does not disclose having improved the wastewater quality at the aggregate level compared to the previous reporting period or reduced the volume of wastewater discharged.

The company does not address nutrient management in its code of conduct. It does not disclose a requirement for feed suppliers to have a nutrient management plan in place, nor does it provide guidance, support, or incentives to suppliers/growers on nutrient management or fertiliser use in crop production.

The company does not invest in sustainable feed production to improve nutrient management or disclose information about pesticide use in its feed supply chain.

The company uses biogas produced from animal manure as a replacement for heat exchangers and internal combustion but does not disclose information on the sustainable application of the remaining slurry. Additionally, it does not mention conducting risk assessments to identify high-risk locations.

The company does not make site-specific nutrient management plans part of its supplier’s contractual agreement or its own farms management. Nor does it provide technical or financial support to suppliers or its own farms to develop nutrient management plans and improve manure storage.

The company does not integrate nutrient management performance into incentive schemes for farmers. It does not discuss innovations in manure or provide evidence of a community engagement plan in relation to pollution.

The company acknowledges the significance of antimicrobial resistance (AMR) and commits to animal nutrition and health practices that improve productivity without relying on antibiotics. However, it does not specify its stance on antibiotics for growth promotion, prophylaxis, metaphylaxis, or therapeutic use, and does not mention antibiotic-free brands. Additionally, the company does not disclose specific measures to enhance animal welfare and reduce antibiotic usage.

The company does not disclose the quantity of antibiotics used.

The company highlights humane treatment efforts to minimise animal pain, stress, and distress using scientifically valid procedures. However, it does not provide sufficient detail on its support for the Five Freedoms or similar comprehensive animal welfare frameworks. The company discloses that employees undergo training on animal slaughtering, but it does not mention training concerning animal welfare throughout the animal's life cycle. It does not state any specific actions taken when a breach in its animal welfare policy is identified and fails to demonstrate leadership through participation in research and development programmes to advance animal welfare.

The company does not state a commitment to engaging and training employees on animal welfare issues.

The company does not disclose information on animal welfare certifications or farm assurance programs.

The company does not disclose information on animal welfare certifications or assurance programs for its beef operations.

The company does not disclose information on key animal welfare risks in beef.

The company states it respects internationally recognised human rights principles but does not specify which principles it adheres to.

The company does not discuss how it monitors, assesses, and mitigates actual and potential human rights risks in its operations or supply chain.

The company does not disclose whether it has identified any human rights risks in its operations through human rights due diligence.

The company reports it prohibits child labour, forced labour, discrimination, harassment, and inhumane treatment, and states compliance with applicable wage laws, including the minimum wage. However, this compliance does not necessarily equate to providing fair wages. Furthermore, the company does not disclose whether all workers receive permanent sick pay. The company does not mention conducting audits to ensure compliance with its policies in its direct operations. Within its supply chain, the company’s Supplier Code of Conduct prohibits child labour, forced labour, discrimination, and inhumane treatment.

The company reserves the right to conduct supplier audits related to its Supplier Code of Conduct but does not clarify whether these are carried out. The company has implemented a whistleblowing mechanism outlining the investigation, resolution process, and feedback monitoring, allowing whistleblowers to remain anonymous unless disclosure is required by law. However, the company does not specify if stakeholders were consulted on the design of this grievance mechanism. The whistleblowing policy is extended to cover its business partners. The company reports no legal actions or employee grievances concerning forced or child labour but does not disclose the total number of grievances received.

The company emphasises the importance of health, safety, and welfare, aiming to protect employees from accidents, injuries, and exposure to harmful substances. It claims to implement measures to reduce risks and maintain a safe working environment. However, it does not disclose holding a certification in occupational health and safety. While the company promotes employee health and safety through a dedicated committee responsible for assessing and eliminating workplace risks, it does not reveal the number or percentage of facilities with a health and safety committee that includes worker representatives. Additionally, the company does not address evaluating the risk of antimicrobial resistance faced by workers in its direct operations.

The company reported a slight reduction in work-related injuries from 199 in FY2022 to 196 in FY2023, while maintaining zero fatalities in both years. It disclosed an attrition rate of 9.6% for 2023 but did not provide specific turnover rates.

The company acknowledges its employees' right to freely associate without fear of discrimination, retaliation, or interference. However, it does not disclose the unionisation rate of its workforce. While regular and town hall meetings are held to address concerns and facilitate communication, the company does not specify measures to support Collective Bargaining Agreements or Freedom of Association. The company's supplier code of conduct requires suppliers to respect employees' rights to freedom of association and collective bargaining in line with local labour laws and practices.

The company discloses that 19% of employees were covered by collective bargaining agreements in 2023. However, it does not disclose the distribution of the workforce across existing contractual agreements.

The company reports that its owned facilities have certifications recognised by the Global Food Safety Initiative (GFSI), including FSSC 22000 and ISO 22000. However, it does not disclose the proportion of its GFSI-certified sites or suppliers, nor does it explicitly require suppliers to have GFSI certification.

The company does not report the number or frequency of food safety audits conducted during the reporting year. It also does not specify associated corrective action rates, nor does it disclose whether it has implemented or is in the process of developing consumer-facing technology for food safety.

The company indicates preparedness for product recalls through the implementation of batch codes to enhance traceability. However, it does not provide a full description of its product recall system, including key personnel, communication plans, or handling logistics, nor does it disclose the number of product recalls in the reporting year.

The company does not disclose information regarding the number and locations of market bans or product recalls for the reporting year. No such incidents were detected in media screens during this period.

The company's Board of Directors oversees its enterprise risk management system and sustainability practices. In 2022, the company carried out a materiality assessment aligned with SASB and GRI standards to identify key topics, but the material issues have not been publicly disclosed. The company does not disclose board-level expertise in sustainability, food safety, or product development and innovation.

The company does not disclose executive monetary remuneration linked to climate or sustainability performance. Nor has it disclosed engaging with civil or trade associations on ESG issues, providing a comprehensive list of trade association memberships, or aligning any policy engagement activities with the goal of restricting global temperature rise to 1.5°C.

The company does not disclose a strategic approach to sustainability innovation or state whether it benchmarks itself against peers in sustainability and innovation.

The company does not explicitly acknowledge that protein diversification is a material business issue. Furthermore, it has not yet set a time-bound target to diversify protein sources, nor does it report revenue or sales linked to alternative protein sources.

The company offers plant-based protein products under the brand "Veega," made from mushrooms, wheat, and soy. This move was part of its strategy to expand and innovate its portfolio in line with the United Nations Sustainable Development Goals. However, the company does not disclose if it is continuing to invest in future growth within the plant-based market.