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Viña Concha y Toro: the role of the board in uncorking net zero

Wed, 1 May

Viña Concha y Toro is Latin America’s leading wine producer, selling over 30 million cases annually. Headquartered in Santiago, Chile and listed on the Santiago Stock Exchange, it owns 12,000 hectares of vineyards, wineries, and packaging plants across Chile, Argentina and the United States. It has sales offices in 13 countries and exports wines to over 130 countries worldwide.

Viña Concha y Toro: the role of the board in uncorking net zero

A leading wine producer, in 2021, Viña Concha y Toro became the first publicly-listed company in Chile to achieve B Corporation (B Corp) status. The organisation focuses on giving as much back to people and the planet as the planet gives to the taste and quality of its wines.

The wine producer is aware of the risks of climate change to its business and is working to reduce emissions in its supply chain. The challenge is to standardize sustainability practices across its geographically diverse operations while maintaining the quality of wine distributed to over 130 countries.

The case study details the measures taken by the wine producer to significantly reduce both direct and indirect greenhouse gas emissions. These measures have enabled the organisation to bring forward its net-zero target by ten years to 2040.