Stock Spirits Group has unveiled a comprehensive Sustainability Strategy aimed at significantly reducing its environmental impact and strengthening its commitment to responsible business practices. As part of this initiative, the company has pledged to cut its Scope 1 and 2 greenhouse gas (GHG) emissions by 42% and its Scope 3 emissions by at least 20% by 2030. This strategy is anchored in three key pillars: People, Planet, and Processes, and is closely aligned with the United Nations Sustainable Development Goals.
The announcement comes as consumers increasingly demand sustainable products and practices, particularly in the face of pressing global challenges such as climate change, water scarcity, and shifting societal expectations. Jean-Christophe Coutures, CEO of Stock Spirits Group, emphasised the importance of the new strategy: “2023 was a transformative year for us, both in terms of business growth and sustainability. Our revised Sustainability Strategy, built around the pillars of People, Planet, and Processes, reflects our commitment to making a positive impact in areas we can influence.”
A Renewed Focus on Sustainability
The People, Planet, Processes Strategy outlines specific, measurable commitments that the company intends to achieve between 2025 and 2030. The People pillar focuses on health and safety, promoting responsible alcohol consumption, and fostering an inclusive workplace. Under the Planet pillar, Stock Spirits Group has set targets for reducing GHG emissions, optimising water and energy use, improving materials and packaging, and ensuring responsible sourcing of raw materials. The Processes pillar addresses transparent business conduct, cybersecurity, and data protection.
Stock Spirits Group’s Sustainability Report for 2023 highlights the progress made so far, including the completion of a cutting-edge distillery in Lublin, Poland. This facility, which represents a €50 million investment, is one of the most modern in Europe and plays a key role in the company’s sustainability efforts by improving efficiency and quality control. Additionally, the company’s four strategic acquisitions in 2023—Clan Campbell Scotch whisky and Dugas in France, Polmos Bielsko-Biala in Poland, and Borco (now Stock Spirits GmbH) in Germany—have strengthened its market position across Europe.
Recognition and Future Ambitions
Stock Spirits Group’s sustainability efforts have not gone unnoticed. The company received a Silver Medal from EcoVadis in 2023, placing it in the top 9% of the spirits industry globally. However, the Group has set its sights even higher, aiming to achieve a Platinum Medal by 2027.
As part of its commitment to sustainability, Stock Spirits Group has also signed a letter with the Science Based Targets initiative (SBTi), reinforcing its goal to drastically cut GHG emissions by 2030. Coutures underscored the importance of these efforts: “Our ambition is to lead ESG activities in Central Europe and make sustainability a key contributor to our competitiveness across Europe. Only companies that develop in a sustainable and transparent way can build a long-term future and earn the trust of their stakeholders.”
With its renewed strategy and ongoing commitment to sustainability, Stock Spirits Group is positioning itself as a leader in the European spirits industry, driving positive change in both environmental and social practices.