Victorias Milling Co Inc 2023 SR
The report details the sustainability performance of Victorias Milling Company, Inc. (VMC) for the fiscal year ended August 31, 2023. Adopting a double materiality assessment, the company aligned its business strategy with environmental and social impacts. VMC made significant progress in resource management, recycling 85% of its wastewater and increasing renewable energy usage through biomass cogeneration and biogas. Despite industry-wide challenges in sugarcane production, VMC achieved higher sales revenues across its core segments while spending 94% of its procurement budget on local suppliers.
Company: Victorias Milling Co Inc
Sector: Consumer Staples
Country: Philippines
Year: 2023
Type: SR
Pages: 32
Victorias Milling Co Inc
Sustainability Report
The report details the sustainability performance of Victorias Milling Company, Inc. (VMC) for the fiscal year ended August 31, 2023. Adopting a double materiality assessment, the company aligned its business strategy with environmental and social impacts. VMC made significant progress in resource management, recycling 85% of its wastewater and increasing renewable energy usage through biomass cogeneration and biogas. Despite industry-wide challenges in sugarcane production, VMC achieved higher sales revenues across its core segments while spending 94% of its procurement budget on local suppliers.
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Document Details
Report Year
2023
Reporting Period
Sep 1, 2022 - Aug 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Water Consumption
Workplace Fatalities
Employees