Based on the history and strategy of the Group there are already several ongoing initiatives and projects that can help to manage our impact on the planet. Outlined below are some of these initiatives. These will continually be re-assessed, optimized, and improved upon as we progress.
ANSA McAL has committed to several initiatives to reduce the greenhouse gas (GHG) emissions from the group’s operations and businesses. In the Beverage Sector, the CO2 generated during fermentation is a valuable resource that can be recovered, purified, and reused within the brewery operations. CARIB Brewery St. Kitts and Nevis and Trinidad and Tobago currently have recovery systems in place.
The Group continues to in renewable energy in the Caribbean region. In 2018 we invested in an operational wind farm in Tilawind, located in Tilarán in the Guanacaste province, Costa Rica. In 2021, ANSA McAL and co-investor MPC Caribbean Clean Energy Fund LLC, Grupo Pais Solar S.A. (GPS) along with two additional minority investors from the Dominican Republic and Canada, indirectly acquired full ownership of the Monte Plata solar park in the Dominican Republic. The plan is to upgrade the plant’s capacity by 42 MW in 2023
ANSA McAL has committed to reducing the quantity of water utilised in its Beverage operations and to continue providing key products and services for the purification, conservation, and reuse of water throughout the region for both domestic and industrial markets.
ANSA Chemicals has supported industrial and domestic water management processes for purification, conservation and reuse throughout the region and has grown its on-the-ground Water Treatment services in Trinidad, Jamaica, Guyana, Grenada, St. Kitts and Barbados.
ANSA McAL Chemicals Limited, through ANSA Chemicals Jamaica Limited, now supplies 100% of the chlorine requirements to the National Water Commission (NWC) of Jamaica, and is now a critical player in the provision of potable water to Jamaica’s population.
One of the primary platforms in the Group for sustainability is CARIB Brewery’s returnable bottle and crate system. This is in operation across all its breweries in the Caribbean. The model ensures that bottles are collected and returned for reuse or recycling. By reusing bottles and crates, the consumption of raw materials used, and the energy required to produce them are reduced. The result is a significantly reduced carbon footprint.
Carib Glassworks Limited (CGL), the glass manufacturing arm of the newly established ANSA Packaging, a subsidiary of the ANSA McAL Group, firmly places the ‘E’ in ESG through its reuse and recycle initiative. CGL runs the only glass recycling and manufacturing plant in the English-speaking Caribbean. By using recycled glass, CGL redirects what would otherwise be a wasted valuable resource away from landfills.
A major milestone for the group was the 2022 Launch of the Caribbean Natural Capital Hub by ANSA Merchant Bank in Trinidad and Tobago and Barbados, and ANSA Bank in Trinidad and Tobago, in partnership with the Cropper Foundation and the Capitals
The Financial Services Sector is working towards fully integrating the Natural Capital Framework into ANSA Merchant Banks and ANSA Bank’s Operations. Using a Natural Capital approach is placing a financial value on the resources in Nature that are available to us, and accounting for the way that we both use and replenish them.