ESG
Elite Group's sustainability practices are continually envolving
Elite Group's sustainability practices demostrate a commitment to environmental stewardship, community engagement, and employee well-being. The company has identified five ESG priorities: water management, carbon footprint, biodiversity and land management, recycling and waste management, and fair wages. Elite Group has implemented various initiatives to address these priorities.
In terms of environmental sustainability, Elite Group is working towards the decarbonization of its operations by establishing a baseline and measuring its carbon footprint by the end of 2023. The company also uses renewable energy sources and optimizes its energy output using natural resources and efficient equipment. Elite Group has implemented water harvesting initiatives and on-site water treatment facilities to reuse and purify water for irrigation and drinking purposes. Additionally, the company uses biological agents for fertilization and pest prevention to reduce its reliance on chemical substances.
In terms of investing in people, Elite Group's Fernando Borrero Caicedo Foundation provides workers with access to education, mental health programs, and top-class education for their children. The company also provides free or subsidized transportation and nutritious meals for farm employees. The Elite Standard, which is under development and will be launched by the end of 2023, aims to go beyond certifications or labor laws and set the highest standards for ESG in the industry.
Elite Group's sustainability practices are continually
evolving, and the company has set up an ESG Committee
to set KPIs, report against projects/actions, and
communicate progress. The company recognizes the
importance of partnerships and innovation in achieving
its sustainability goals and is working towards integrating
ESG into everyday decisions. Overall, Elite Group's
Sustainability practices demonstrate a commitment to
building a better future for the environment, the
community, and its employees.