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Rathfinny Wine Estate Ltd's Climate Report

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Introduction *

Commitment and Targets *

Own Emissions *

Value Chain Emissions *

(optional)

Climate Solutions *

(optional)

Management, Strategy and Climate Risk *

(optional)

Results, Challenges and Outlook *

Version 1.1.0

Introduction *

1.1 Reporting year

*

2024

1.1.1 Reporting period

*

from 4.2023 to 3.2024

1.2 Describe your business activities

*
Wine production, with wine tourism offerings including dining, touring and accommodation.

1.4 Number of employees in the reporting year

*
45

1.4.1 Full-time equivalent (FTE) or headcounts

*
Full-time equivalent

1.5 Let us know if your company is a parent company or subsidiary

*
Not applicable

Commitment and Targets *

2.1 Net zero target year

*
2030

2.1.1 Base year

*
2021

2.2 Near-term target

*

50% of intensity total emission reduction from my base year by 2027

2.3 Provide any additional comments or context on your net zero and near term targets.

*
While a growing business, we have always strived to grow sustainably and be as self sufficient in our energy and resource use as we can. We will look to continue improving our renewable energy production, carbon sequestration, energy efficiency in order to reach net zero by 2030.

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
707436 kwh

3.3 Renewable energy

*
527893 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
133.89 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
87.2 metric tons CO2e

3.6 Market based scope 2 emissions

*
95.5 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
We are looking at the possibility of installing a wind turbine on site, that will help us with solar energy intermittency. Currently, our solar panels produce more energy during Summer months, but energy production is lacking during the winter.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
We are able to accurately track our energy production on site from solar PV. Purchased electricity may be more difficult to calculate. We work with Carbon Jacked to track our carbon emissions and trust their tools and methods used to calculate.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
Yes

4.1.1 Total scope 3 emissions

*
956.19 metric tons CO2e

Supply chain related - upstream emissions

4.1.2 Purchased goods and services

*
771.05 metric tons CO2e

4.1.3 Capital goods

*
4.81 metric tons CO2e

4.1.4 Fuel and energy related activities

*
62.94 metric tons CO2e

4.1.5 Transportation and distribution (upstream)

*
34.45 metric tons CO2e

4.1.6 Waste in operations

*
0.19 metric tons CO2e

4.1.7 Business travel

*
16.77 metric tons CO2e

4.1.8 Employee commuting

*
63.82 metric tons CO2e

Customer related - downstream emissions

4.1.10 Transportation and distribution (downstream)

*
2.13 metric tons CO2e

4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?

*

Yes

Alongside carbon emissions calculation, we also have departmental goals set annually.

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.3 Have you communicated your commitment and actions to any of your customers?

*
Yes

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*
No

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Person is responsible for climate strategy at board level

6.1.1 Please describe their position and responsibility.

*
Sarah Driver, Co-Owner of Rathfinny, leads our B Corp team and is responsible for our climate strategy.

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?

*
-

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
No - we plan to in the next 1-5 years

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

Yes

Our mission statement states \\\"using methods that are kind to our land, people, community and wider environment\\\"

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

No

-

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
Because of the nature of fruit production and annual weather patterns, our crops can change drastically from one year to the next. Because of this, we have been focusing on reducing our KgCO2e (e=equivalent) per bottle of wine produced. 2023-24 gave our lowest figure recorded yet (3.01kgCO2e). Compared to 2022-23 emissions, we did have a 23% increase in KgCO2e from all operations. This was mostly driven to wine production being around double that of the previous assessment. Packaging causes a large increase in our emissions, with glass bottles being a large contributor. Because of the pressure required to produce and store sparkling wine in bottle, the bottles are typically heavier than standard still wine bottles. While our scope 3 emissions rose by 47% due to increased production, our scope 1 emissions decreased by 40% compared to the previous years assessment. This was driven by a decrease in the purchasing of agrochemicals (used in the vineyard) and refrigerants (used in wine storage).

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 1 emissions,Reducing scope 2 emissions,Reducing scope 3 emissions,Reducing emissions from business travel,Electrifying the vehicle fleet and/or cutting transport emissions,Balancing emission reductions with business growth,Complexities in managing supply chain emissions,Insufficient policies or government incentives,Time constraints,Lack of skills and knowledge,Low return on investment

7.3 Has there been any third party validation of the data submitted in this report?

*

No

-

Rathfinny Wine Estate Ltd's Climate Report

Rathfinny Wine Estate Ltd's Climate Report - 2024

Introduction *

1.1 Reporting year

*

2024

1.1.1 Reporting period

*

from 4.2023 to 3.2024

1.2 Describe your business activities

*
Wine production, with wine tourism offerings including dining, touring and accommodation.

1.4 Number of employees in the reporting year

*
45

1.4.1 Full-time equivalent (FTE) or headcounts

*
Full-time equivalent

1.5 Let us know if your company is a parent company or subsidiary

*
Not applicable

Commitment and Targets *

2.1 Net zero target year

*
2030

2.1.1 Base year

*
2021

2.2 Near-term target

*

50% of intensity total emission reduction from my base year by 2027

2.3 Provide any additional comments or context on your net zero and near term targets.

*
While a growing business, we have always strived to grow sustainably and be as self sufficient in our energy and resource use as we can. We will look to continue improving our renewable energy production, carbon sequestration, energy efficiency in order to reach net zero by 2030.

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
707436 kwh

3.3 Renewable energy

*
527893 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
133.89 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
87.2 metric tons CO2e

3.6 Market based scope 2 emissions

*
95.5 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
We are looking at the possibility of installing a wind turbine on site, that will help us with solar energy intermittency. Currently, our solar panels produce more energy during Summer months, but energy production is lacking during the winter.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
We are able to accurately track our energy production on site from solar PV. Purchased electricity may be more difficult to calculate. We work with Carbon Jacked to track our carbon emissions and trust their tools and methods used to calculate.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
Yes

4.1.1 Total scope 3 emissions

*
956.19 metric tons CO2e

Supply chain related - upstream emissions

4.1.2 Purchased goods and services

*
771.05 metric tons CO2e

4.1.3 Capital goods

*
4.81 metric tons CO2e

4.1.4 Fuel and energy related activities

*
62.94 metric tons CO2e

4.1.5 Transportation and distribution (upstream)

*
34.45 metric tons CO2e

4.1.6 Waste in operations

*
0.19 metric tons CO2e

4.1.7 Business travel

*
16.77 metric tons CO2e

4.1.8 Employee commuting

*
63.82 metric tons CO2e

Customer related - downstream emissions

4.1.10 Transportation and distribution (downstream)

*
2.13 metric tons CO2e

4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?

*

Yes

Alongside carbon emissions calculation, we also have departmental goals set annually.

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.3 Have you communicated your commitment and actions to any of your customers?

*
Yes

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*
No

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Person is responsible for climate strategy at board level

6.1.1 Please describe their position and responsibility.

*
Sarah Driver, Co-Owner of Rathfinny, leads our B Corp team and is responsible for our climate strategy.

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?

*
-

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
No - we plan to in the next 1-5 years

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

Yes

Our mission statement states \\\"using methods that are kind to our land, people, community and wider environment\\\"

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

No

-

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
Because of the nature of fruit production and annual weather patterns, our crops can change drastically from one year to the next. Because of this, we have been focusing on reducing our KgCO2e (e=equivalent) per bottle of wine produced. 2023-24 gave our lowest figure recorded yet (3.01kgCO2e). Compared to 2022-23 emissions, we did have a 23% increase in KgCO2e from all operations. This was mostly driven to wine production being around double that of the previous assessment. Packaging causes a large increase in our emissions, with glass bottles being a large contributor. Because of the pressure required to produce and store sparkling wine in bottle, the bottles are typically heavier than standard still wine bottles. While our scope 3 emissions rose by 47% due to increased production, our scope 1 emissions decreased by 40% compared to the previous years assessment. This was driven by a decrease in the purchasing of agrochemicals (used in the vineyard) and refrigerants (used in wine storage).

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 1 emissions,Reducing scope 2 emissions,Reducing scope 3 emissions,Reducing emissions from business travel,Electrifying the vehicle fleet and/or cutting transport emissions,Balancing emission reductions with business growth,Complexities in managing supply chain emissions,Insufficient policies or government incentives,Time constraints,Lack of skills and knowledge,Low return on investment

7.3 Has there been any third party validation of the data submitted in this report?

*

No

-
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