The Duckhorn Portfolio Publishes its Fiscal Year 2023 Responsibility and Sustainability Report
- None.
- None.
Duckhorn’s Fiscal Year 2023 Responsibility and Sustainability Report can be found on the Company’s Investor Relations website: https://ir.duckhorn.com/governance/responsibilityandsustainability/default.aspx.
“The Duckhorn Portfolio has a long history of commitment to taking care of the environment and being responsible members of the communities in which we work and operate,” said Deirdre Mahlan, President, Chief Executive Officer and Chairperson. “Our focus over the past three years, as we have developed and matured our ESG program, has been centered on the importance of quantifying our company’s environmental and social impact and making sustainable changes that positively impact our business and surrounding communities. This year, we offer another comprehensive look at the many ways that Duckhorn works to uplift the planet, its people and our business.”
“Our third ESG Report represents a great step forward,” said Sean Sullivan, Duckhorn’s Executive Vice President, Chief Strategy and Legal Officer, who leads the ESG Team at the Company. “After key engagements with internal and external stakeholders over the past year, we worked to craft ESG-specific company goals addressing topics that include supply chain emissions, renewable energy investments, water usage, biodiversity, gender parity, health and safety and community engagement. We are excited to be able to share these goals with you for the first time this year.”
The Duckhorn ESG Report highlights the Company’s commitment to environmental responsibility, holistic social responsibility and sound corporate governance, serving as a reflection of our values and providing a compelling value proposition that benefits our planet, people, and stockholders.
Key highlights include:
-
Planet: We expanded our Scope 1 and Scope 2 emissions reporting to include our
Washington state operations. We also expanded our disclosures with respect to water stewardship, introducing new metrics to better understand our environmental impact. -
People: Our unwavering commitments to our employees have yielded numerous continued successes in FY23, headlined by our health and safety metrics, which saw improvement over last year. This is a testament to the investments we make in our employees’ safety.
30% of our employees having tenure of five years or more, and many celebrating anniversaries of 15+ years at the company, reflects our successful commitment to our team and their values. - Business: We further formalized our processes with respect to oversight and assessment of company risk, with the inclusion of a matrix highlighting our salient ESG risks and mitigation strategies. We have also expanded our discussion of corporate governance practices and policies.
About The Duckhorn Portfolio, Inc.: The Duckhorn Portfolio is North America’s premier luxury wine company, with ten winery brands, nine state-of-the-art winemaking facilities, seven tasting rooms and over 1,100 coveted acres of vineyards spanning 32 Estate properties. Established in 1976, when vintners Dan and Margaret Duckhorn founded Napa Valley’s Duckhorn Vineyards, today, our portfolio features some of North America’s most revered wineries, including Duckhorn Vineyards, Decoy, Paraduxx, Goldeneye, Migration, Canvasback, Calera, Kosta Browne, Greenwing and Postmark. Sourcing grapes from our own Estate properties and fine growers in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240108728690/en/
Investors
Ben Avenia-Tapper
ir@duckhorn.com
707-339-9232
Media
Jessica Liddell, ICR
DuckhornPR@icrinc.com
203-682-8200
Source: The Duckhorn Portfolio, Inc.
FAQ
What did Duckhorn Portfolio, Inc. release?
Where can the ESG Report be found?
Who prepared the ESG Report?
What are some key highlights from the ESG Report?
