Sustainability Report

Our Sustainability Reports are developed in line with international best practice. We report based on Global Reporting Initiative (GRI) Standards Reporting Guidelines (Core Option). Our GRI index can be downloaded here.

The SR2020 also contains disclosures recommended in the Agricultural Products Sustainability Accounting Standard (Industry Standard, Version 2018-10) that was developed by the Sustainability Accounting Standards Board (SASB). The SASB disclosure index can be downloaded here.

We also participate in several disclosure platforms including CDP (which incorporates the Task Force on Climate-related Financial Disclosures (TCFD) recommendations and elements of the Accountability Framework Initiative),SPOTT, FTSE4Good and DJSI.

Identifying the material Environmental, Social and Governance (ESG) topics, is a crucial part for building a successful, resilient and sustainable business. As such, GAR’s Board considers sustainability as part of the company’s long-term strategy formulation; is involved in determining the material ESG topics; and has overall responsibility for overseeing the management, monitoring and reporting of the ESG topics across the business.

In 2021, we worked with a specialist sustainability consultancy to review and update our understanding of our material sustainability topics, especially in light of the COVID-19 pandemic. Our assessment covered GRI’s definition of materiality (i.e. reflecting the organisation’s economic, environmental, and social impacts, or influencing the decisions of stakeholders) as well as SASB’s definition of Financial Materiality (i.e. topics that are reasonably likely to impact the financial condition or operating performance of GAR and therefore are most important to investors).

This materiality process covered our entire value chain and built on from our previous materiality assessment last conducted in 2017.

Click here to see a summary of our materiality process.