World Economic Forum core metrics and disclosures
173
Climate change
Nature loss
Freshwater availability
Risk and opportunity
oversight
Brew a Better World 2030 Strategy
Environmental
Social
Responsible
Reporting basis of non-financial indicators
Introduction Context
Foundation
Introduction
Disclosures
Principles of Governance
Disclosures
Core metrics
Disclosures
Core metrics
Planet
Sustainability
Review
Other
Information
Financial
Statements
Report
of the
Supervisory
Board
Report
of the
Executive
Board
TCFD implementation
Fully implement the recommendations of the Task Force on Climate-related
Financial Disclosures (TCFD). If necessary, disclose a timeline of at most three
years for full implementation. Disclose whether you have set, or have committed
to set, GHG emissions targets that are in line with the goals of the Paris Climate
Agreement - to limit global warming to well below 2°C above pre-industrial levels
and pursue efforts to limit warming to 1.5°C - and to achieve net zero emissions
before 2050.
Integrating risk and opportunity into business process
Company risk factor and opportunity disclosures that clearly identify the
principal material risks and opportunities facing the company specifically (as
opposed to generic sector risks), the company appetite in respect of these risks,
how these risks and opportunities have moved over time and the response to
those changes. These opportunities and risks should integrate material
economic, environmental and social issues, including climate change and
data stewardship.
Greenhouse gas (GHG) emissions
For all relevant greenhouse gases (e.g. carbon dioxide, methane, nitrous oxide, F-
gases, etc.), report in metric tonnes of carbon dioxide equivalent (tCOje) GHG
Protocol scope 1 and scope 2 emissions.
Estimate and report material upstream and downstream (GHG Protocol scope 3)
emissions where appropriate.
Land use and ecological sensitivity
Report the number and area (in hectares) of sites owned, leased or managed in
or adjacent to protected areas and/or key biodiversity areas (KBA).
Water usage and withdrawal in water-stressed areas
Company risk factor and opportunity disclosures that clearly identify the
principal material risks and opportunities facing the company specifically (as
opposed to generic sector risks), the company appetite in respect of these risks,
how these risks and opportunities have moved over time and the response to
those changes.
These opportunities and risks should integrate material economic, environmental
and social issues, including climate change and data stewardship.
Water is essential to our business; it constitutes 95% of our beer and is vital for growing our crops. Our 2030 water strategy, Towards
Healthy Watersheds, is based on three pillars that focus our efforts on responsible water management in our operations, in local
communities and across the value chain.
In 2023, we initiated a comprehensive Water Global Screening, focusing on our top suppliers and primary sourcing areas. This
initiative has provided valuable insights into regions experiencing high water stress and has assessed the maturity level of our suppliers
in managing water resources. This screening marks the initial phase of our water in agriculture programme, and we are dedicated to
further action. Our next step involves adopting the SBTN guidance approach, particularly for freshwater in agriculture, addressing both
water quantity and quality. This approach will help us identify priority sourcing countries and establish targets at the watershed level
for water quality and quantity. Additionally, we are committed to adhering to the latest European and global reporting requirements
for water management.
Refer to HEINEKEN CDP Water 2023 report for further details on our water strategy and actions. And, see the section ‘Towards healthy
watersheds’ for details and current results of our water stewardship strategy.
See a description of our risk management process, key company-specific risks and opportunities and risk response in the section
‘Risk Management’. Our key risks integrate material economic, environmental and social issues, including impacts of climate change,
information security and data privacy.
We follow the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) which aim to advance global
efforts to improve quality and consistency of climate-related information.
See the section ‘Climate-related risks assessment (TCFD analysis)’ for disclosures related to TCFD recommendations.
In 2023, we started work to gain deeper insights into the biodiversity risks and opportunities across our value chain. To support us in
our journey, we have joined the Science Based Targets Network (SBTN) Corporate Engagement programme and the Taskforce for
Nature-Related Financial Disclosures (TNFD) forum, which will help guide our assessment of, and enhance disclosure for nature across
the value chain. We also continue to work towards existing Brew a Better World goals which help protect biodiversity, including
advancing our net zero roadmap to mitigate greenhouse gas emissions. We are expanding our programmes that contribute to the
preservation of biodiversity including the implementation of water balancing projects and our partnerships with farmers - as well as
exploring opportunities to promote regenerative agriculture. See the section ‘Biodiversity’ for details of our current programmes on
biodiversity enhancement.
Net zero carbon emissions is one of the key pillars of the HEINEKEN Brew a Better World 2030 strategy, and our ambition is to reach
net zero by 2040. For details of the programme and current results, see the section ‘Reach net zero carbon emissions’.
Refer to HEINEKEN CDP Climate 2023 report for further details on our carbon performance.
Heineken
N.V.
Annual
Report
2023
