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Sustainability at Carlsberg

Sustainability at Carlsberg

At Carlsberg, we are committed to brewing for a better today and tomorrow by conducting business responsibly and sustainably.

This enables us to continue creating value for our shareholders and stakeholders and ensure long-term sustainable growth. Our efforts are anchored on our transformative Together Towards ZERO (TTZ) sustainability programme, which sets out our ambitions for ZERO carbon footprint, ZERO water waste, ZERO irresponsible drinking and  ZERO accidents culture by 2030.

The oversight of our sustainability programme within our Malaysia and Singapore operations rests with the management team, led by our Managing Director and overseen by the Board of Directors.

Our Together Towards ZERO sustainability agenda is spearheaded by a local Sustainability Champion (our Corporate Affairs & Sustainability Director) and supported by our Supply Chain Director.

Operationally, a network of cross-functional managers and policy owners are appointed as Together Towards ZERO Target Owners to deliver a defined scope of work, responsibilities and people management, all with a direct and measurable impact towards our sustainability goals.

Diverse business functions such as supply chain operations, corporate affairs, marketing, sales, human resources and health, safety and security all contribute towards the Group’s sustainability performance.

COMMITMENT TOWARDS ZERO

With the TTZ programme embedded in our corporate culture, it has instilled a sense of pride in our people while also generating business opportunities.

The TTZ programme has enabled us to mitigate long-term risks, navigate environmental and societal global challenges and identify opportunities to develop sustainable products and healthier choices for consumers.

In 2021, the Carlsberg Group signed the World Federation of Advertisers’ Planet Pledge, together with other major and global consumer businesses and advertisers, to transform our organisation and supply chain to contribute to the Race to Zero campaign and achieve net zero carbon emissions by 2050.

In our Malaysia and Singapore operations, we support the commitments and set to inspire consumers to adopt more sustainable behaviour.

Carlsberg Malaysia Group is also a corporate friend of Climate Governance Malaysia and a participant of the UN Global Compact Network Malaysia & Brunei and our sustainability programme is aligned with the targets of the UN’s Sustainable Development Goals (UN SDG).

The Group has been committed to the UN Global Compact corporate responsibility initiative and its principles in the areas of human rights, labor, the environment, and anti-corruption.

We are proud that our efforts are being recognised. In August 2021, Morgan Stanley Capital International (MSCI) upgraded our ESG ratings from “A” to “AA”.

The Group has been a constituent of the FTSE4Good Bursa Malaysia (F4GBM) Index since 2019 following Bursa Malaysia's biannual review concluded that year.

Being included among leading Malaysian public listed companies is testament to our classleading commitments to responsible business practices and our comprehensive disclosures on environmental, social and governance (ESG) impacts.

To date, we are the only brewer among the fast-moving consumer goods (FMCG) organisations that are constituents of the F4GBM Index. We are grateful for the confidence placed in us by the investment community and we will continue to lead our business management and operations with sound governance and sustainability practices.

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.