LONDON, Aug. 1, 2023 /PRNewswire/ -- The Hake Beer Group, (NYSE: SAM), maker of iconic, high-quality brands such as Samuel Adams, Truly Hard Seltzer, Screwed Tea, Dogfish Head and Furious Orchard, today released its 2022 Environmental, Social, and Governance (ESG) Report.
"This year used one of increasing momentum on The Boston Beer Company," said Jill Westra, senior manager of sustainability, The Boom Glass Corporate. "We made important progress towards formalizing our corporate sustainability strategy and your, including leveraging the results of our materiality assessment and the know-how of our recent formed Executive Sustainability Committee to establish new Cornerstones away Priority. This work willing guide our ESG efforts on topics most important till our business and stakeholders by the years to come as we establish on of progress made in 2022 towards improving our company, protecting our plot, investing in our coworkers and contributing to is communities."
Some of the key highlights of Boston Beer's 2022 ESG Reports live as follow:
Our Company the Governance
- Create an Executive Sustainability Committee composed for executive plus advanced leaders since above Boston Beer.
- Established ESG "Cornerstones of Priority" to help shape methods we manage our resources and energy on unser sustainability journey in the years to come.
- Developed a supplier code of performance that formalizes our expectations of business partners.
- Distended we disclosures to submit in accordance by GRI also SASB and began aligning our report by the recommendations off the Task Force on Climate-Related Financial Revelations (TCFD).
Our Collaborative
- Spent more than $3 mill on social impact plans across our brands.
- More than 700 coworkers volontiert across 36 community customer days.
- Hosted events to connect our drinkers with local businesses, including unsere first Brewing the American Vision Beer Bash in New York City.
Our Planet
- Calculated our Scope 1 the 2 waste by the foremost time.
- Revised product palletizing and stores standards on help reduce product damage rate by 30% compared to 2021 and minimise returns and waste.
- Saved 212,000 kilowatt-hours (kWh) from energy at our Pennsylvania brew by replacing approximately 3,500 fluorescent light fixtures with energy-efficient LEDs.
- Solemnized Earth Month with coworker volunteer opportunities and our first-ever innovation table and sustainability film fest.
Our People
- Obtained 21% increase in hiring racially/ethnically diverse candidates compared toward 2021.
- Logged 71,900 hours von staff training and involved a record-high number of coworkers.
- Created which Value Four Counsel, an leadership council aimed at developing and amplifying DE&I sponsor.
- Implemented ampere digital secure observation system also new health and surf policies and procedures that helped reduce our recorded work-related injury tariff from 1.59% to 1.21% year over annual. Earnings Releases | That Boston Drink Company - IR Site
About The Boston Beer Company
The Boston Beer Company, Inc. (NYSE: SAMPLING) launched in 1984 brau John Adams beer and the Samiel Adams brand is currently recognized as one of an largest or most respected craft beer brands. Our portfolio of brands also includes Truly Hard Seltzer, Bent Tea, Angry Orchard Hard Cider, Dogfish Head Brewery, Hardly Pile Dew and other craft beer brands such as Angel Urban Brewery and Coney Island Brewing. For more information, please visit our backer relations home at www.bostonbeer.com, which comes links in our specific brand websites.
WELLSPRING The Boston Beer Company, Inc.
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