Social and Governance
At Global Dairy Ventures, we integrate ESG criteria as an essential part of our group strategy. We focus on data, operational efficiency, and solid governance that ensures transparency and accountability throughout the entire value chain.
Environmental:
EMISSION REDUCTION AND ENERGY TRANSITION
We are implementing a group-wide decarbonization plan focused on Scopes 1 and 2. We have begun measuring Scope 3 emissions to prioritize reduction levers across the supply chain. In addition, we have started calculating the footprint of our highest-volume products using the Manglai platform to manage and consolidate data. We prioritize efficiency and active energy management over any form of offsetting.
SUSTAINABLE PRACTICES IN OUR FACILITIES
- Energy efficiency in buildings and continuous improvement
- Responsible energy purchasing and monitoring of the national electricity mix
- Waste management: segregation at source, recovery, and reduction of single-use plastics
- Recyclability of packaging and materials in collaboration with suppliers
LOW-IMPACT PRODUCTS
Although they do not represent the entirety of our business, we promote a line of low-impact products that includes vegetarian, organic, plant-based, vegan references and/or items with certified sustainable practices. These projects strengthen our commitment to innovate towards more responsible models.
EFFICIENT WATER MANAGEMENT
We monitor consumption at each site, implement water-saving measures, and have begun to assess water-stress risks across the supply chain (evaluation in progress).
SUPPLY CHAIN SUSTAINABILITY GUIDE
We have developed a guide with sustainability recommendations for our suppliers and supply chain partners.
LOGISTICS OPTIMIZATION AND MOBILITY
We optimize routes and load consolidation and have launched a cross-docking project between our French and Spanish subsidiaries to reduce empty kilometers and the associated transport emissions.
RESPONSIBLE SUPPLIERS
We integrate ESG criteria into supplier selection and evaluation, fostering partnerships with cooperatives and local producers that follow strong environmental practices.
Social:
TALENT AND DEVELOPMENT
- Structured onboarding and development plans
- Performance evaluation and continuous training
- Inclusive and merit-based leadership
HEALTH AND WELLBEING
- Safe and healthy work environments
- Wellbeing programs
- Climate and engagement surveys
COMMUNITY
- Collaboration with local social organizations
- Support for educational and inclusion projects
- Impact project “From Terroir to Market”
- Promotion of PDO, PGI, traditional, family-owned, and cooperative products
DIVERSITY AND INCLUSION
- Equal opportunity policies
- Promotion of representation in leadership positions
- Training on bias awareness and inclusive culture
RESPONSIBLE SUPPLIER RELATIONSHIPS
- Supplier Code of Conduct
- ESG criteria integrated into purchasing decisions
- Evaluations and improvement plans
Governance:
ETHICS AND COMPLIANCE
Our ethical framework establishes clear rules to prevent legal and reputational risks across all group subsidiaries.
- Current policies: Code of Ethics, Anti-Corruption Policy, and Anti-Fraud Policy.
- Annual training and acknowledgment for all employees and key personnel.
- Confidential ethics channel with follow-up process.
COMMITTEES AND OVERSIGHT
Management supervises the ESG strategy through committees with defined responsibilities and active risk management.
- Sustainability Committee and Compliance Committee.
- Quarterly ESG KPI review and action plans by subsidiary.
- ESG risk matrix integrated into the corporate risk map.
TRANSPARENCY AND OWNERSHIP
We prioritize traceability and accountability by providing clear, comparable, and accessible information to our stakeholders. Global Dairy Ventures is part of the investment portfolio of Abac Capital, our majority shareholder.
- Publication of policies and updated versions in force.
- Annual ESG performance report at holding and subsidiary levels.
- Internal and external audits to verify performance.