Sustainalytics ranks Barry Callebaut at the top for management of ESG risks
Sustainalytics ranks Barry Callebaut at the top for management of ESG risks
This result once again confirms our leadership position, not only in the cocoa and chocolate sector, but also in comparison to our peers in the broader food and beverage industry.
Barry Callebaut’s overall rankings increased this year in all ESG streams - Environmental, Social and Governance.
The company is at low risk of experiencing material financial impacts from ESG factors, due to its high exposure and strong management of material ESG issues…. Barry Callebaut's sustainability endeavors are reflected in the fact that the company's Sustainalytics ESG Risk Rating is the lowest in its subcategory and first among its peers.
Stakeholder engagement
Identifying and addressing the key ESG issues facing our business and our approach to addressing these issues requires regular dialogue with our stakeholders. This principle underpins our approach to our non-financial reporting and our materiality assessment which is undertaken every 2 -3 years.
Transparent Reporting
As part of our commitment to transparency and integrity, we are committed to assessing and reporting on our ESG risks. We publicly disclose our GRI Reports, which we publish on an annual basis alongside our third-party verified Forever Chocolate Progress Report and Assurance Reports. We also have a public dedicated page covering a range of key ESG topics that impact our operations and supply chain. This incudes our latest CDP Reports, Human Rights Policy, Supplier Code and Sustainable Sourcing Policies, as well as our approach to reducing deforestation and carbon emissions and child labor.
What is Morningstar Sustainalytics?
Morningstar Sustainalytics is a leading ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies. For nearly 30 years, the firm has been at the forefront of developing high-quality, innovative solutions to meet the evolving needs of global investors. Today, the firm works with hundreds of the world’s leading asset managers and pension funds who incorporate ESG and corporate governance information and assessments into their investment processes. The firm also works with hundreds of companies and their financial intermediaries to help them consider sustainability in policies, practices, and capital projects. For more information, visit www.sustainalytics.com.
