ESG at Agriculture

AB Agri's goals and initiatives are designed to support the agriculture industry's long-term sustainability, characterised by its capacity to produce food that is both responsible and affordable. 

ESG Governance

AB Agri's ESG governance framework is designed to effectively manage and oversee its impacts, risks and opportunities. Monthly steering groups, led by the Director of Responsibility, focus on climate, responsible sourcing, and animal health and welfare; these groups govern their respective areas together with metrics and actions.

In 2023, AB Agri established its Managing Directors’ Responsibility Forum, which meets quarterly and includes managing directors or their delegates from each business unit. This forum facilitates the connection of senior management across businesses and integrates the management of ESG actions with commercial decisions and business strategy.

AB Agri identified key ESG impacts, risks and opportunities through a materiality assessment completed in 2022. This process included independent consumer surveys in several countries, research on future trends in retailer demand and government policy, and an analysis of the scientific evidence behind policy and consumer perceptions.

The assessment identified nine ‘Care’ factors across four main themes:

• nutrition: to be responsible and affordable;
• environment: to reduce GHG emissions, resource use, land use and plastic waste, and to protect water and biodiversity;
• supply chain: to support lives and livelihoods; and
• animal welfare: to safeguard animal health and wellbeing.

AB Agri policies and statements are available on its website.