World’s largest brewer ABInBev in sustainability vanguard

Sustainability Magazine

5 Jul 202201:29

Summary

TLDRMauricio Cuendo, Head of Procurement and Sustainability at AB InBev, outlines the company's ambitious sustainability goals to become the UK's most sustainable grower and champion British beer culture. With a focus on packaging, CO2 emissions, water, and farming, AB InBev aims to achieve net-zero carbon emissions by 2024 and carbon-neutral brewing operations by 2026. The strategy includes leveraging technology, promoting diversity, and fostering local supply chains to reduce emissions.

Takeaways

🌿 The company has a clear ambition to be the UK's most sustainable grower and to champion British beer culture.
👤 Mauricio Cuendo is the Head of Procurement and Sustainability for AB InBev, the world's largest brewer.
🍺 AB InBev brews beer and builds brands that aim to bring people together, with a vision to be around for the next 100 years and beyond.
📅 The company's main sustainability goals were established in 2017, focusing on packaging, CO2 emissions, water, and farming.
🎯 A new target was set in 2021 for AB InBev to become net-zero by 2024, with a specific aim for UK brewing operations to be carbon-neutral by 2026.
📈 In the next three years, leading to 2025, the company plans to utilize technology and diversity to achieve their sustainability goals.
🔄 There's a focus on working closely with UK suppliers to establish a more local supply chain, which will help reduce emissions.
🌱 The script implies a commitment to sustainable practices, suggesting that these efforts are integral to the company's long-term strategy.
🏢 AB InBev's approach to sustainability is comprehensive, covering various aspects of their operations and supply chain.

Q & A

What are the ambitions of the company mentioned in the transcript?
-The company aims to be the UK's most sustainable grower and to champion British iconic beer culture.
Who is Mauricio Cuendo and what is his role in AB InBev?
-Mauricio Cuendo is the Head of Procurement and Sustainability for AB InBev's UK division.
What is AB InBev's global standing in the brewing industry?
-AB InBev is the world's largest brewer, brewing beer and building brands that bring people together.
What are the four major pillars of AB InBev's sustainability strategy?
-The four major pillars of AB InBev's sustainability strategy are packaging, CO2 emissions, water, and farming.
What is AB InBev's new target regarding carbon neutrality?
-AB InBev has set a new target to become net zero by 2024.
By when does AB InBev aim to have all UK brewing operations carbon neutral?
-AB InBev aims to have all UK brewing operations carbon neutral by 2026.
What role does technology play in AB InBev's sustainability goals?
-Technology is used to help AB InBev reach its sustainability goals, including reducing emissions and improving efficiency.
How does AB InBev plan to use diversity to achieve its sustainability objectives?
-AB InBev plans to use diversity by working closely with local suppliers in the UK to create a more local supply chain, which will also help decrease emissions.
What is the significance of having a more local supply chain for AB InBev's sustainability efforts?
-A more local supply chain is significant as it helps decrease emissions by reducing transportation distances and supports local economies.
What is the timeframe AB InBev is considering to use technology and diversity to reach its sustainability goals?
-AB InBev is looking to use technology and diversity in the next three years leading up to 2025 to help achieve its sustainability goals.

Outlines

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🌿 Sustainability Goals at AB InBev

AB InBev, the world's largest brewer, has set clear sustainability ambitions to become the UK's most sustainable grower and to champion British beer culture. Mauricio Cuendo, Head of Procurement and Sustainability, outlines the company's main sustainability headlines set in 2017, focusing on four major pillars: packaging, CO2 emissions, water, and farming. The company has also set a new target to become net-zero by 2024 and aims for all UK brewing operations to be carbon neutral by 2026. The next three years will see the use of technology and diversity to help achieve these goals, including working closely with UK suppliers to establish a more local supply chain and reduce emissions.

Mindmap

Keywords

💡Sustainability

Sustainability refers to the practice of meeting current needs without compromising the ability of future generations to meet theirs. In the context of the video, sustainability is a core ambition for AB InBev, which aims to become the UK's most sustainable grower. The company’s focus on sustainability includes reducing carbon emissions, improving packaging, conserving water, and promoting sustainable farming.

💡Net Zero

Net Zero is the balance between the amount of greenhouse gases emitted and the amount removed from the atmosphere. In the video, AB InBev aims to achieve net zero carbon emissions by 2024, meaning they will reduce emissions and offset any remaining emissions through other environmental actions.

💡Carbon Neutral

Carbon neutral means reducing carbon emissions to the point where any remaining emissions are balanced out by actions that remove or offset carbon. The video mentions that AB InBev plans to make all of its UK brewing operations carbon neutral by 2026, which is a significant step toward their sustainability goals.

💡Local Supply Chain

A local supply chain involves sourcing materials and services from nearby suppliers rather than international ones. In the video, AB InBev is working closely with UK-based suppliers to create a more localized supply chain, which will help decrease emissions related to transportation and support the sustainability goals of reducing their overall carbon footprint.

💡Packaging

Packaging refers to the materials used to enclose or protect products. In the video, it is mentioned as one of the four major pillars of sustainability that AB InBev aims to improve. The company is working on sustainable packaging solutions to minimize waste and the environmental impact of their products.

💡CO2 Emissions

CO2 emissions refer to the release of carbon dioxide into the atmosphere, primarily from the burning of fossil fuels. Reducing CO2 emissions is another key pillar of AB InBev’s sustainability strategy. The video highlights the company's efforts to reduce these emissions, particularly in their UK operations, as part of their broader goal to become net zero by 2024.

💡Water Conservation

Water conservation involves using water efficiently to reduce unnecessary water usage. AB InBev considers water management a critical component of their sustainability strategy, as mentioned in the video. The company is working on initiatives to optimize water use in its brewing operations, ensuring long-term sustainability in the face of potential water shortages.

💡Farming

Farming in this context refers to the agricultural practices used to grow the ingredients for beer production. Sustainable farming is a focus for AB InBev, as it aims to reduce the environmental impact of its ingredient sourcing. The video mentions farming as one of the key areas the company is targeting to reduce emissions and improve overall sustainability.

💡Diversity

Diversity in this context refers to the inclusion of different perspectives, backgrounds, and ideas within a company. The video discusses how AB InBev is utilizing diversity alongside technology to help achieve their sustainability goals. By fostering diverse approaches, the company aims to innovate and create more effective solutions to environmental challenges.

💡British Beer Culture

British beer culture refers to the traditional and iconic brewing and consumption habits associated with beer in the UK. The video emphasizes that AB InBev not only aims to become sustainable but also seeks to champion British beer culture, preserving the legacy and identity of beer in the UK while ensuring it remains sustainable for future generations.

Highlights

Clear ambitions to be the UK's most sustainable grower

Aiming to champion British iconic beer culture

Mauricio Cuendo is the Head of Procurement and Sustainability for ABM Web

AB InBev is the world's largest brewer

Goal to be in business for the next 100 years and beyond

Sustainability goals set in 2017 with four major pillars

Pillars include packaging, CO2 emissions, water, and farming

New target to become net zero by 2024

UK brewing operations to be carbon neutral by 2026

Technology and diversity to be leveraged to reach sustainability goals

Working closely with UK suppliers for a more local supply chain

Local supply chain to decrease emissions

Focus on sustainability and environmental impact

Commitment to long-term sustainability in the brewing industry

Innovation in brewing to ensure future generations can enjoy beer

Importance of sustainable practices for the future of AB InBev

The role of procurement in achieving sustainability targets

The impact of sustainability on the company's image and customer perception

The integration of sustainability into the company's core values

The challenge of balancing growth with sustainability