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Stock Spirits Group shares sustainability update
Poland-based spirits producer Stock Spirits Group has published its new sustainability strategy and an inaugural sustainability report for 2023.
Stock Spirits Group has committed to reducing its greenhouse gas (GHG) emissions in scopes one and two by 42% and by approximately 20% in scope three as part of its revised sustainability strategy, which is built on the pillars of ‘People, Planet, Processes’.
The group developed the strategy to align with the UN’s Sustainable Development Goals.
The strategy is based on three pillars: People, Planet and Process. Each pillar has its own defined focus areas and measurable commitments for the period 2025-2030.
Within the People pillar, Stock Spirits Group focuses on the health and safety of its employees, promoting responsible drinking and equal rights within the company.
In the Planet pillar, the company will focus on reducing its carbon footprint, eliminating plastic packaging, reducing water and thermal energy usage at production sites, and responsible farming and sourcing ingredients.
For Process, Stock Spirits is committing to transparency in ethics and data protection.
Sustainability report 2023
Stock Spirits Group published a sustainability report for 2023 that details measures taken to reduce environmental impact, outlines its governance model, and shows how the company supports local communities and creates the best possible working conditions for employees.
Reflecting on the report, Jean-Christophe Coutures, CEO of Stock Spirits Group, said: “The year 2023 marked a dynamic transformation of our business and significant progress in our sustainability efforts. We have undertaken projects to enable us to fulfil the commitments outlined in our revised sustainability strategy, ‘People, Planet, Processes’.
“One of our standout achievements in 2023 was the completion of a cutting-edge distillery in Lublin. Due to its efficiency and the way it enables us to control quality, it is one of the most modern in Europe.
“We are proud to be a signatory of the commitment letter of the Science Based Targets initiative (SBTi). One of our ambitions is to cut GHG emissions in scopes one and two by 42% and by approximately 20% in scope three by 2030. We regularly undergo external assessments by EcoVadis. Our efforts were recognised with a Silver Medal in 2023, and our goal is to attain the Platinum Medal by 2027.
“Our ambition is to lead ESG activities in Central Europe and make sustainability a key contributor to our competitiveness and differentiation across Europe. I am convinced that only those companies that develop in a sustainable and transparent way can build a long-term future and enjoy the trust of their stakeholders.”
Stock Spirits Group operates in nine Central and Western European countries and employs more than 1,800 people. Its portfolio comprises more than 80 brands.
Earlier this year, Sierra Tequila maker Borco rebranded as Stock Spirits, following its acquisition by the parent firm in 2023.
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