Caravela Coffee's Climate Report

Submitted on 2025-10-17
| Edited on 2025-10-17

Introduction *

Commitment and Targets *

Own Emissions *

Value Chain Emissions *

(optional)

Climate Solutions *

(optional)

Governance, Strategy and Climate Risk *

(optional)

Results, Challenges and Outlook *

Version 3.0

Introduction *

1.1 End day of the reporting period

*
2024-12-31

1.1.1 Reporting year

*
2024

1.2 Describe your business activities

*
Caravela Coffee is a green coffee exporter and importer that works hand-in-hand with smallholder coffee producers across Latin America to bring exceptional coffees to roasters around the world. Our core business activities revolve around building long-term, transparent relationships throughout the supply chain—from farm to roaster.

1.4 Number of employees on the end day of the reporting period

*
233

1.4.1 Full-time equivalent (FTE) or headcounts

*
Headcounts

1.5 Is this report being submitted on behalf of a parent company or a subsidiary? If so, please briefly explain the relationship.

*
Parent company

Commitment and Targets *

2.1 Net zero target year

*
2030

2.1.1 Base year

*
2021

2.1.2 Base year value

*
3006

2.2 Near-term target

*

20% of absolute scope 1+2+3 emission reduction from my base year by 2030

10 of intensity scope 1+2+3 emission reduction from my base year by 2030

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

*
Our near-term target is to achieve a 20% absolute reduction in greenhouse gas emissions by 2030, using 2021 as our baseline year. In parallel, we aim to improve our environmental efficiency by achieving a 10% reduction in emissions intensity (measured as kg CO₂ per kg of green coffee exported) over the same period.

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

*
Yes, the plan and action include all scope 1+2+3

Own Emissions *

Energy consumption

3.2 Total energy consumption

*
555278 kWh

3.3 Total renewable energy consumption

*
61693 kWh

Scope 1 emissions

3.4 Scope 1 emissions

*
54.41 metric tons CO2e

Scope 2 emissions

3.5 Location-based scope 2 emissions

*
105.02 metric tons CO2e

3.7 Have you taken any actions to reduce scope 1+2 emissions in the reporting period?

*
No

3.8 Which tools or methods did you use to calculate your scope 1+2 emissions?

*

Hired an external consultancy

3.8.1 Specify any additional details

*
To calculate our Scope 1, Scope 2, and Scope 3 emissions, Caravela Coffee has developed an internal reporting platform that systematically collects and logs activity data across our operations in Latin America and our global offices. This includes fuel use, electricity consumption, employee travel, logistics, and other relevant emissions across our value chain. The collected data is then shared with our external partner, One Carbon World (based in the UK), who applies internationally recognized methodologies to quantify our carbon footprint. This partnership ensures a robust, consistent, and credible assessment of our emissions, which supports both internal decision-making and external climate reporting.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
Yes

Supply chain related - upstream emissions

Customer related - downstream emissions

4.2 Have you taken any actions to reduce scope 3 emissions in the reporting period?

*
Yes

4.2.1 What actions have you taken to reduce scope 3 emissions in the reporting period?

*

Energy efficient production processes

4.2.2 Provide any additional details

*
Waste Management partnerships for dry milling operations

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

*
No

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

*
Yes

4.5 Which tools or methods did you use to calculate your scope 3 emissions?

*

Hired an external consultancy

4.5.1 Specify additional details

*
To calculate our Scope 1, Scope 2, and Scope 3 emissions, Caravela Coffee has developed an internal reporting platform that systematically collects and logs activity data across our operations in Latin America and our global offices. This includes fuel use, electricity consumption, employee travel, logistics, and other relevant emissions across our value chain. The collected data is then shared with our external partner, One Carbon World (based in the UK), who applies internationally recognized methodologies to quantify our carbon footprint. This partnership ensures a robust, consistent, and credible assessment of our emissions, which supports both internal decision-making and external climate reporting.

Climate Solutions (optional) *

5.1 Do any of your existing products and/or services qualify as climate solutions or enabling solutions?

*

No

Governance, 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.

*

Governance process in place

6.1.3 Please describe the governance process in place

*
We have adopted a new Environmental Policy that formalizes our commitments to emissions reductions, sustainable sourcing, and waste management. To support accountability and decision-making, we’ve developed an internal emissions dashboard that tracks real-time data across our operations by location and role, enabling more responsive and informed actions. Additionally, we have established a carbon reduction plan that outlines specific targets, timelines, and actions to reduce emissions across all scopes, aligned with our 2030 goals. These processes ensure climate considerations are embedded in our day-to-day operations and long-term planning.

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

*
Yes - we have identified both climate risks and opportunities

6.2.1 Where are the climate risks you've identified?

*
Value Chain

6.2.2 How are you managing these climate risks? Choose as many as are applicable.

*

We\'ve mapped the impact of our climate risks over time (short, medium and long term horizons),We’ve quantified the amount and percentage of assets or businesses activities vulnerable to climate risk,We\'ve Identified plans for adaptation to mitigate these risks,We\'ve Integrated these adaptation plans into business practices

6.2.3 Provide any additional comments or context on your climate risks:

*
One of the key climate-related risks we monitor is the impact of deforestation and forest degradation in and around coffee-growing regions. These practices contribute significantly to greenhouse gas emissions and threaten the long-term resilience of ecosystems that coffee production depends on—such as stable rainfall, healthy soils, and biodiversity. While Caravela does not source coffee from deforested areas, we recognize the systemic risk that regional forest loss poses to producer livelihoods and supply chain stability. As part of our strategy, we promote agroforestry practices, support shade-grown coffee systems, and engage with producers on land stewardship to protect native vegetation and enhance carbon sinks at origin.

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

*

No

-

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.

*
While there were no major developments to highlight during the reporting period, Caravela Coffee continued to strengthen internal systems for tracking emissions and aligning operational practices with our climate strategy. Our focus remained on maintaining consistency in data collection, deepening engagement with supply chain partners, and identifying opportunities for future reductions. These foundational efforts are essential to support measurable progress toward our long-term climate goals.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 1+2 emissions,Reducing scope 3 emissions,Reducing emissions from business travel,Electrifying the vehicle fleet and/or cutting transport emissions,Complexities in managing supply chain emissions

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

*

Yes

To calculate our Scope 1, Scope 2, and Scope 3 emissions, Caravela Coffee has developed an internal reporting platform that systematically collects and logs activity data across our operations in Latin America and our global offices. This includes fuel use, electricity consumption, employee travel, logistics, and other relevant emissions across our value chain. The collected data is then shared with our external partner, One Carbon World (based in the UK), who applies internationally recognized methodologies to quantify our carbon footprint. This partnership ensures a robust, consistent, and credible assessment of our emissions, which supports both internal decision-making and external climate reporting.

Caravela Coffee's Climate Report

Caravela Coffee's Climate Report - 2024

Introduction *

1.1 End day of the reporting period

*
2024-12-31

1.1.1 Reporting year

*
2024

1.2 Describe your business activities

*
Caravela Coffee is a green coffee exporter and importer that works hand-in-hand with smallholder coffee producers across Latin America to bring exceptional coffees to roasters around the world. Our core business activities revolve around building long-term, transparent relationships throughout the supply chain—from farm to roaster.

1.4 Number of employees on the end day of the reporting period

*
233

1.4.1 Full-time equivalent (FTE) or headcounts

*
Headcounts

1.5 Is this report being submitted on behalf of a parent company or a subsidiary? If so, please briefly explain the relationship.

*
Parent company

Commitment and Targets *

2.1 Net zero target year

*
2030

2.1.1 Base year

*
2021

2.1.2 Base year value

*
3006

2.2 Near-term target

*

20% of absolute scope 1+2+3 emission reduction from my base year by 2030

10 of intensity scope 1+2+3 emission reduction from my base year by 2030

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

*
Our near-term target is to achieve a 20% absolute reduction in greenhouse gas emissions by 2030, using 2021 as our baseline year. In parallel, we aim to improve our environmental efficiency by achieving a 10% reduction in emissions intensity (measured as kg CO₂ per kg of green coffee exported) over the same period.

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

*
Yes, the plan and action include all scope 1+2+3

Own Emissions *

Energy consumption

3.2 Total energy consumption

*
555278 kWh

3.3 Total renewable energy consumption

*
61693 kWh

Scope 1 emissions

3.4 Scope 1 emissions

*
54.41 metric tons CO2e

Scope 2 emissions

3.5 Location-based scope 2 emissions

*
105.02 metric tons CO2e

3.7 Have you taken any actions to reduce scope 1+2 emissions in the reporting period?

*
No

3.8 Which tools or methods did you use to calculate your scope 1+2 emissions?

*

Hired an external consultancy

3.8.1 Specify any additional details

*
To calculate our Scope 1, Scope 2, and Scope 3 emissions, Caravela Coffee has developed an internal reporting platform that systematically collects and logs activity data across our operations in Latin America and our global offices. This includes fuel use, electricity consumption, employee travel, logistics, and other relevant emissions across our value chain. The collected data is then shared with our external partner, One Carbon World (based in the UK), who applies internationally recognized methodologies to quantify our carbon footprint. This partnership ensures a robust, consistent, and credible assessment of our emissions, which supports both internal decision-making and external climate reporting.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
Yes

Supply chain related - upstream emissions

Customer related - downstream emissions

4.2 Have you taken any actions to reduce scope 3 emissions in the reporting period?

*
Yes

4.2.1 What actions have you taken to reduce scope 3 emissions in the reporting period?

*

Energy efficient production processes

4.2.2 Provide any additional details

*
Waste Management partnerships for dry milling operations

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

*
No

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

*
Yes

4.5 Which tools or methods did you use to calculate your scope 3 emissions?

*

Hired an external consultancy

4.5.1 Specify additional details

*
To calculate our Scope 1, Scope 2, and Scope 3 emissions, Caravela Coffee has developed an internal reporting platform that systematically collects and logs activity data across our operations in Latin America and our global offices. This includes fuel use, electricity consumption, employee travel, logistics, and other relevant emissions across our value chain. The collected data is then shared with our external partner, One Carbon World (based in the UK), who applies internationally recognized methodologies to quantify our carbon footprint. This partnership ensures a robust, consistent, and credible assessment of our emissions, which supports both internal decision-making and external climate reporting.

Climate Solutions (optional) *

5.1 Do any of your existing products and/or services qualify as climate solutions or enabling solutions?

*

No

Governance, 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.

*

Governance process in place

6.1.3 Please describe the governance process in place

*
We have adopted a new Environmental Policy that formalizes our commitments to emissions reductions, sustainable sourcing, and waste management. To support accountability and decision-making, we’ve developed an internal emissions dashboard that tracks real-time data across our operations by location and role, enabling more responsive and informed actions. Additionally, we have established a carbon reduction plan that outlines specific targets, timelines, and actions to reduce emissions across all scopes, aligned with our 2030 goals. These processes ensure climate considerations are embedded in our day-to-day operations and long-term planning.

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

*
Yes - we have identified both climate risks and opportunities

6.2.1 Where are the climate risks you've identified?

*
Value Chain

6.2.2 How are you managing these climate risks? Choose as many as are applicable.

*

We\'ve mapped the impact of our climate risks over time (short, medium and long term horizons),We’ve quantified the amount and percentage of assets or businesses activities vulnerable to climate risk,We\'ve Identified plans for adaptation to mitigate these risks,We\'ve Integrated these adaptation plans into business practices

6.2.3 Provide any additional comments or context on your climate risks:

*
One of the key climate-related risks we monitor is the impact of deforestation and forest degradation in and around coffee-growing regions. These practices contribute significantly to greenhouse gas emissions and threaten the long-term resilience of ecosystems that coffee production depends on—such as stable rainfall, healthy soils, and biodiversity. While Caravela does not source coffee from deforested areas, we recognize the systemic risk that regional forest loss poses to producer livelihoods and supply chain stability. As part of our strategy, we promote agroforestry practices, support shade-grown coffee systems, and engage with producers on land stewardship to protect native vegetation and enhance carbon sinks at origin.

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

*

No

-

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.

*
While there were no major developments to highlight during the reporting period, Caravela Coffee continued to strengthen internal systems for tracking emissions and aligning operational practices with our climate strategy. Our focus remained on maintaining consistency in data collection, deepening engagement with supply chain partners, and identifying opportunities for future reductions. These foundational efforts are essential to support measurable progress toward our long-term climate goals.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 1+2 emissions,Reducing scope 3 emissions,Reducing emissions from business travel,Electrifying the vehicle fleet and/or cutting transport emissions,Complexities in managing supply chain emissions

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

*

Yes

To calculate our Scope 1, Scope 2, and Scope 3 emissions, Caravela Coffee has developed an internal reporting platform that systematically collects and logs activity data across our operations in Latin America and our global offices. This includes fuel use, electricity consumption, employee travel, logistics, and other relevant emissions across our value chain. The collected data is then shared with our external partner, One Carbon World (based in the UK), who applies internationally recognized methodologies to quantify our carbon footprint. This partnership ensures a robust, consistent, and credible assessment of our emissions, which supports both internal decision-making and external climate reporting.
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