GlobalData offers a comprehensive analysis of Agthia Group, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of Net Zero and associated ESG keywords, GlobalData delivers valuable information on Agthia Group‘s ESG performance. GlobalData’s company profile on Agthia Group offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Agthia Group, a UAE-based food and beverage company, is aligned with the UAE’s goal of achieving net zero emissions by 2050 and continue to take steps to reduce its environmental impact. It aligns with the Paris Agreement’s goal of reducing GHG emissions and limiting the global temperature to 1.5 degrees Celsius above pre-industrial levels. Agthia Group strive to eventually reach zero environmental impact and have implemented industry-leading initiatives such as, but not limited to, circular waste management, responsible sourcing of ingredients, optimised water consumption, energy conservation, and carbon footprint management. As a founding member of the Circular Packaging Association, the company actively participates in driving the UAE's transition from a linear to a circular economy by contributing to the development of new standards, guidelines, materials, and technologies in the packaging industry through collaborations with other members.
Agthia Group has taken several steps to reduce its emissions, including investing in renewable energy, implementing energy-efficient technologies, and optimizing its supply chain. The company has also launched a sustainability strategy that focuses on reducing its carbon footprint, conserving water, and promoting sustainable agriculture. As part of its commitment to sustainability, Agthia Group has also launched several initiatives to reduce food waste and promote sustainable packaging.
Agthia Group's efforts to reduce emissions have resulted in a 10% reduction in its carbon footprint in 2021 compared to the previous year. The company reported its direct scope 1 emissions at 42,764 MT of CO2, while indirect scope 2 emissions were 72,095 MT of CO2. The company also has commitment to optimising its packaging processes that has resulted in significant cost reductions and innovations in alternative material use. Agthia Group's latest filings mentioned the keywords 'Emissions' and 'CO2' most number of times in relation to 'Net Zero'.
In conclusion, Agthia Group has taken significant steps to reduce its emissions. The company's sustainability strategy focuses on reducing its carbon footprint, conserving water, and promoting sustainable agriculture. Agthia Group's efforts have resulted in a reduction in its carbon footprint, water consumption, and waste generation, and the company has been recognized for its sustainability initiatives.