The Duckhorn Portfolio Publishes its Fiscal Year 2023 Responsibility and Sustainability Report
08 Januar 2024 - 10:15PM
Business Wire
The Duckhorn Portfolio, Inc. (“Duckhorn” or the
“Company,” (NYSE: NAPA), North America’s premier luxury wine
company, has released its Fiscal Year 2023 Responsibility and
Sustainability Report (“ESG Report”). This ESG Report
focuses on the Company’s commitment to the planet, championing its
people and communities and reinforcing its focus on sustainable
business practices through responsive and transparent operational
strategies and corporate governance. The ESG Report was prepared by
Duckhorn’s internal ESG Team and leadership team, with oversight by
its Board of Directors.
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 Napa Valley, Sonoma County, Anderson Valley,
California’s North and Central Coasts, Oregon, Washington State and
Burgundy, we offer a curated and comprehensive portfolio of
acclaimed luxury wines with price points ranging from $20 to $230
across more than 15 varieties and 39 appellations. Our wines are
available throughout the United States, on five continents, and in
more than 50 countries around the world. To learn more, visit us
at: https://www.duckhornportfolio.com/. Investors can access
information on our investor relations website at:
https://ir.duckhorn.com.
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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
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