Deoleo's Commitment to Sustainability Shines Through
Deoleo, a renowned name in the olive oil industry, has released its 2024 Sustainability Report, showcasing significant strides in environmental, social, and governance (ESG) initiatives. This report reiterates Deoleo's dedication to making a positive impact across the globe, especially in the olive oil sector.
Pioneering Standards in Sustainability Reporting
As a trailblazer in the industry, Deoleo has aligned its sustainability reporting with the European Union's new Corporate Sustainability Reporting Directive (CSRD) standards, accomplishing this milestone well before the official deadlines. This move positions Deoleo at the forefront of the olive oil market, setting an example for others to follow.
Key Achievements from the 2024 Sustainability Report
Deoleo's report highlights numerous remarkable achievements that underline its commitment to a greener future:
- 30% reduction in greenhouse gas emissions within a two-year span.
- 94% of factory waste now repurposed or valorized.
- 12% increase in sustainably sourced extra virgin olive oil.
- 100% of copackers and suppliers evaluated for ESG performance.
- Water use reduced by 31%, with 98% of electricity sourced from renewable energy.
Thierry Moyroud, CEO of Deoleo North America and Latin America, emphasized that sustainability at Deoleo is not just a passing trend, but a core mission that enriches both farms and communities. "Our initiatives create meaningful impact from fields to tables, benefiting the environment, farmers, and consumers alike," he stated.
Advancing Sustainable Practices
With its innovative Sustainability Protocol, Deoleo now certifies 88 mills globally, positively impacting over 835,000 acres of farmland. The company works closely with nearly 60,000 farmers to ensure a sustainable supply chain. Impressively, in 2024, 39% of Deoleo's extra virgin olive oil was derived from certified mills, aligning with their ambitious goal of sourcing 70% from certified sources by 2030.
Governance and Recognition
In addition to its environmental initiatives, Deoleo has achieved notable governance recognition:
- Certification under the AENOR Corporate Governance Index, receiving a G++ rating.
- Honored with a Platinum Medal from EcoVadis, placing it within the top 1% of over 150,000 global companies for ESG excellence.
Deoleo remains committed to elevating diversity and women's leadership within its ranks. Currently, women make up 40% of the workforce, supported by initiatives like the "Growing Together" Congress that champions women's advancement across the agricultural value chain.
Maria Martha Luchetti, Deoleo's Director of Marketing, Innovation, and Sustainability, reflected on their ongoing commitment: "Each advancement in our Sustainability Report proves our commitment is more than intent; it's a living reality. Every action we take is crafted to foster lasting, positive impacts for people, communities, and the future of olive oil."
Frequently Asked Questions
What is the main focus of Deoleo's 2024 Sustainability Report?
The report emphasizes Deoleo's commitment to environmental, social, and governance (ESG) initiatives in the olive oil industry.
How has Deoleo improved its operations for sustainability?
Deoleo has achieved significant reductions in greenhouse gas emissions, improved waste management, and sourced more sustainably produced olive oil.
What recognition has Deoleo received for its governance practices?
Deoleo received a G++ rating under the AENOR Corporate Governance Index and a Platinum Medal from EcoVadis for ESG excellence.
How does Deoleo support diversity within its workforce?
Deoleo champions diversity, with women comprising 40% of its workforce and initiatives like the "Growing Together" Congress promoting women's advancement.
Where can I find the full 2024 Sustainability Report?
Details about the complete report can be accessed via Deoleo's official communications and platforms.
