ANSA McAL's 140-year legacy is defined by our rich history which represents many world-renowned brands. The Group's steadfast commitment to the markets we serve has contributed to progressive development and employment that sustains generations.
The Group has reinforced its journey for a Sustainable Future and recognizes that environmental, social, and governance practices are essential components to long-term business success.
Our vision is to create a more sustainable business and shared future for shareholders, business partners, employees, customers, and consumers. It is our responsibility to make decisions that positively impact the environment.
To preserve our way of life, our consumer habits and production systems, it is imperative to preserve our water resources. Water is finite and an irreplaceable resource that is fundamental to life. ANSA McAL Chemicals Limited 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. Lucia and Barbados.
2021 marked the first full year our chlorine tranfill hub was fully operational in Jamaica. The chemical water treatment business in Jamaica will focus on offering superior service and cost effective sustainable solutions to the industrial/ commercial sectors.
Carib Glassworks Limited (CGL), a subsidiary of the ANSA McAL Group, is one of the Caribbean's largest glass and plastic recyclers. CGL continues to support recyclers across the region by encouraging consumers to return their used glass. This process has contributed over 40% of recycled and used food-safe glass bottles for use in the manufacturing of new glass containers.
The Beverage Sector (Trinidad & Tobago, Grenada and St. Kitts & Nevis) also reuses and recycles glass bottles and crates, representing one of the region’s largest Brewery recycling footprints. Another subsidiary, ANSA Polymer manufactures plastic crates, film and other plastic products which are an integral part of this recycling model that has a positive impact on the environment. In this process, rejected film, High Density Polyethylene (HDPE) bottles and crates are regrind and reused in the manufacturing of new film, HDPE bottles & crates. 30% of raw material inputs are from recycled material. The ultimate objective is to have a fleet of crates in circulation made from 100% recycled materials.
ANSA McAL's strategy to reduce its carbon footprint will mitigate the effects of climate change. Carbon Dioxide (CO2) recovery processes have been implemented at the breweries in Trinidad and St. Kitts. The recovery plant is capable of preventing 100,000kg of CO2 being emitted into the atmosphere per month.
ANSA Merchant Bank (Barbados) is proud to be the leader in Green Financing in Barbados. This Bank focuses on its responsibility to climate change and intends to do its part in facilitating the move from petrol and diesel vehicles to electric vehicles (EVs) by offering financing on both new and nearly new Hybrids and EVs. Carib Brewery has transitioned over 25% of its distribution fleet to compressed natural gas (CNG) vehicles which has further reduced carbon emissions.
ANSA McAL remains committed to doing its part to ensure cleaner air for future generations.
ANSA McAL’s way of business for sustainability includes renewable energy. In 2018 we invested in an operational wind farm in Tilawind, located in Tilarán in the Guanacaste Province, Angeles, Costa Rica. Our commitment to Modern Energy continued in June 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 Canada, indirectly acquired full ownership of the Monte Plata Solar Park in the Dominican Republic. The plan is to expand the plant’s 33.4 MWp capacity to 74 MWp in 2022.
ANSA McAL continuously invests in its employees, customers, stakeholders, and the communities we serve. We are committed to investing in human capital, implementing sustainable practices, and supporting communities through philanthropic initiatives in the markets in which we operate. The Group’s mantra ‘Together We Are Family’ guides our practices on how we invest and look after people.
ANSA McAL has reinforced and reaffirmed its commitment to good Corporate Governance through strategy formulation and policy making. The Board has established a sound system of risk oversight and management governed by specific policies to guide organisational behaviour.
In 2021, the ANSA McAL Group proudly received the award for 'Best Corporate Governance Conglomerate in the Caribbean' from Ethical Boardroom based in the UK. To support continued advancement, there is a Board of Directors evaluation exercise on an annual basis, and also continued education through robust internationally recognized development programs to build a cohesive high-performance leadership team. In 2021, three new esteemed independent directors joined our Board, two of whom are women, as such increasing gender diversity to
the Board.
Six laureates across the region were recognized by the Anthony N. Sabga Awards - Caribbean Excellence for their outstanding work in Arts & Letters, Entrepreneurship, Public & Civic Contributions and Science & Technology.
ANSA McAL Limited received the award for ‘Best Corporate Governance Conglomerate in the Caribbean’ from Ethical Boardroom based in the UK.