TWE signs up to the Porto Protocol

05 July, 2019 by Andy Young

Treasury Wine Estates (TWE) has announced that it has become a signatory of the Porto Protocol, which is a global forum and commitment to sharing best practice in helping to reduce the impact of climate change.

TWE operates a Corporate Responsibility agenda which sees the company drive numerous initiatives to manage and reduce its environmental impact over time and work to create long term value in the communities where it operates.

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TWE’s Global Corporate Affairs Director, Carolyn Coon said: “As a leading global wine producer and custodian to some of the most prized viticultural regions in the world, it is critical to ensure the success of our business is underpinned by being sustainable in everything we do.

“Our commitment to preparing for and adapting to climate change is integrated into our business operations, and the signing of the Porto Protocol will provide a platform for us to share best practice on climate change mitigation and adaptation techniques.”

TWE joins a number of companies from across numerous industries in being a signatory to the Protocol and will now share best practice and case studies with the Porto Protocol platform.

The Protocol sees members align to a number of principles that include ensuring good environmental practices guide business activity, identifying opportunities to collaborate with other members and external entities regarding climate change.