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Responsible Business

Our purpose has always been clear - Brewing for a Better Today and Tomorrow. This means the pursuit of perfection every day as we strive to brew better beers that stand at the heart of moments that bring people together. It also means we do not focus merely on short-term gains, but work towards a sustainable future for our business, stakeholders, and the communities we operate in.

We also believe a healthy business ensures that profitability and sustainability co-exist in harmony, which is why we have embedded sustainability into our corporate strategy, SAIL’22 via the two enablers - ‘Create a Winning Culture’ and ‘Defend our License to Operate’.

Ultimately it sets us towards our vision of becoming a successful, professional and attractive brewer in the markets we operate in.

AMBITIONS & TARGETS TOWARDS ZERO

Together Towards ZERO is our global sustainability programme, devised by Carlsberg Group with the support of leading global experts using a science-based approach. It is an ambitious programme that is aligned with the United Nations’ Sustainable Development Goals (SDGs) and the Paris Agreement on Climate Change.

Our four major ambitions – ZERO Carbon Footprint, ZERO Water Waste, ZERO Irresponsible Drinking and a ZERO Accidents Culture – have been set with clear and measurable targets for 2022 and 2030 respectively. Together, the four ambitions focus particularly on the environmental and social pillars of our operations with our economic contributions forming the foundation of our sustainability efforts – areas most material to our business sustainability and over which we have the capability to effect positive change.

We seek to form strong collaborations with experts and partners to deliver our KPIs and engage with our stakeholders regularly to gather feedback and ideas for improvements. We aspire to create an ecosystem of continuous improvements that extend beyond our people to include our suppliers and business partners throughout our value chain, aligning all towards our common sustainability goals.

Click to read more about Together Towards ZERO here

Our Sustainability Priorities and Commitments

TOWARDS FULL SUSTAINABILITY

The UN’s Sustainable Development Goals are ambitious goals for a more sustainable world and call on governments, civil society, businesses and the general public to act to end poverty, reduce inequality and reduce climate change by 2030. The SDGs are interconnected, share equal importance and within each goal occupy a number of targets and topics.

Our Together Towards ZERO programme focuses on SDG goals and targets that are relevant to our business and where we can have the greatest influence and impact. It also correlates with Bursa Malaysia’s Economic, Environment and Social (EES) pillars, which in turn are aligned to SDGs 3, 5, 6, 7, 8, 10, 12, 13, 16 and 17, which advocate diversity and gender equality, good health and wellbeing, clean water and sanitation, affordable and clean energy, decent work and economic growth, sustainable use of natural resources, and climate action among others.

Our sustainability approach mirrors SDG 17, which promotes partnerships for the goals, by increasing the involvement of relevant stakeholders in our TTZ programmes.

Together Towards ZERO was designed following a global stakeholder engagement process spanning social, environmental and economic experts and a materiality  assessment that the Carlsberg Group first carried out in 2016 with Business for Social Responsibility. The assessment represents an overview of the topics that have the biggest influence on society of its markets globally and its business, considering both risks and opportunities.

The Carlsberg Group has updated its materiality assessment in 2020 to include input from initiatives such as the Task Force for Climate Related Financial Disclosures (TCFD) and the United Nations Intergovernmental Panel on Climate Change (IPCC), analysing the greatest risks and opportunities through an internal survey across a range of functions and geographies, as well as a series of interviews with external stakeholders.

Another outcome from the update is the formation of the Carlsberg Sustainability Advisory Board (CSAB), which was established and held its first meetings in 2020 to provide valuable external perspectives directly to senior leadership of the Carlsberg Group. Three independent external sustainability experts sit on the CSAB, which will be convened twice a year.

From 2021, mid- and long-term risks will be reviewed by CSAB annually, including those related to the areas of commercial and competition, governance, consumer, macroeconomic and geopolitical environment, reputation, supply chain and climate impact.

CSAB has materially identified the impact of our Together Towards ZERO goals and other sustainability ambitions of the Carlsberg Group, weighing business impact and importance to society. This analysis was done through existing data and research from both within the Carlsberg Group and externally combined with insights from a digital listening platform, which set the platform for in-depth surveys covering employees across global markets, non-governmental and inter-governmental organisations, industry associations, investors, customers, suppliers and academics.

Recognition

The Group is proud to be listed among the constituents in the FTSE Russell FTSE4Good Bursa Malaysia (“F4GBM”) Index, following Bursa Malaysia Berhad’s bi-annual review which was concluded in June 2019, and maintained as of the last review in December 2020.

The inclusion ranks us among leading Malaysian public-listed companies who have demonstrated a class-leading commitment to responsible business practices and inclusive disclosure on environmental, social and governance (ESG) matters.

We are the only brewer and one of three fast-moving consumer goods (FMCG) companies included in the F4GBM index. It is a humbling encouragement of our ongoing efforts toward responsible business practices.

We are grateful for the endorsement from the investment community that acknowledges our efforts in sustainability and sound corporate governance.