CLIMATE CHANGE

This recipe is almost ready, there is only one missing ingredient: to take care of the new recipes.

GRI: 103-1, 201-2, IP-4

Without natural resources, Grupo Herdez could not exist. It is therefore imperative that we work under a sustainability vision that will allow us to anticipate and manage the impacts caused by environmental changes, to ensure the sustained growth of our operations.

Each of our business units has change agents who, in conjunction with other Company departments and groups of interest, design strategies, guidelines, and policies focusing on actions for the care and protection of the environment. In this manner, we promote a culture of respect, care, and synergy that will help us overcome the effects of climate, social, and political changes that we face every year.

Since all efforts have their reward, this year we were awarded First Place in the ranking of the 20 Mexican Companies with a High Environmental Commitment in 2019 of Empresas Verdes website, thanks to the actions and programs we have implemented for the reduction of our impact on the planet.

In 2019 we concluded our Risks Assessment for Climate Change, with the purpose of identifying the impact that climate change will generate on the continuity of Grupo Herdez businesses. Based on the results of our study, we prioritized the risks and generated a valuation of the financial impact, in order to propose manageable initiatives.

The risks identified have been classified according to the likelihood of their occurrence and impact. The three principal risks are as follows:

  1. An increase in average temperatures.
  2. Variations in rainfall patterns and extreme variability in climatic patterns.
  3. Changes in consumer preferences.

diversidad e inclusión

  1. An increase of extreme climatic events
  2. An increase of temperature impacts on the supply chain
  3. Changes in rainfall patterns
  4. Rising temperatures: impacts on production
  5. An increase in the price of greenhouse gas emissions
  6. An increase in the expectations or preoccupations of the groups of interest
  7. Changes in the consumption patterns
  8. Transition toward low emissions transportation technologies
  9. Stricter regulation relative to products and services (our own operations)
  10. Stigmatization of sectors: deforestation

In 2019 we invested MXN $30,212,926 in environmental programs, such as:

  • Reduction of our carbon footprint
  • Reduction of CO2 emissions
  • Reduction of water emissions
  • Management of post-industrial waste
  • Management of post-consumption waste
  • External consulting services
  • Anti-contamination equipment
  • Green procurement
  • Participation in industry associations
  • Education and training
  • Participation in events