How we measure our performance
Bacardi measures performance in two ways: absolute totals and efficiency metrics. Absolute measures are straightforward – for example, total quantity of water used. Efficiency metrics normalize these absolute totals against an appropriate business output – for example, water used per unit of product manufactured.
Our targets are based on improvements in our performance against our efficiency index. Baseline year (FY06) figures, and those from previous reporting years, have been recalculated to reflect significant changes within the Company (e.g. acquisitions, divestments, etc.). During FY18 we experienced some structural changes, including the consolidation of some manufacturing operations. Twenty-five wholly owned manufacturing sites were measured for this data. Recalculation was done in accordance with protocols established by the World Resources Institute and World Business Council for Sustainable Development, and Beverage Industry Environmental Roundtable (BIER) guidance documents. In addition, emission calculation for fuel and electricity are recalculated, based on the latest emission factors (e.g. International Energy Agency).
Absolute numbers in water use, waste, and energy increased from FY17. This is due to a few manufacturing sites producing more liquid, which resulted in our facilities operating for longer periods of time, producing more recyclable/reusable waste, and using more water for cooling (though the water was returned to the original source with no impact). While absolute numbers increased, we were able to utilize our assets more efficiently, resulting in the improvement in efficiency indexes.
In FY 18:
- Only 0.4% of total waste was sent to landfill (from manufacturing sites)
- 11 manufacturing sites have achieved Zero Waste-to-Landfill status
We surpassed our long-term target of reducing total GHG emissions intensity by 50% versus FY06 by the end of 2017, reaching 59%!