Sustainability Snapshot 2021
Version 1 About This Report Contents
The latest SunRice Sustainability Report is combined into our 2021 Annual Report. To make it easy to find the sustainability Stakeholder engagement and materiality information in one place, we have assembled relevant sections as SunRice undertakes both a formal materiality process to well as our sustainability performance data and GRI Index into this identify the issues that are significant to the business and to key Sustainability Snapshot. stakeholders, as well as informal engagement throughout the 2 4 6 8 10 year, through a variety of channels in order to respond to our FY2021 About Our Brands Our Strategy Our Strategy stakeholders’ insights. SunRice’s material topics are discussed in Highlights SunRice and Products in Action Reporting boundary and period the SunRice Stakeholder Engagement Statement at www.sunrice. SunRice’s Annual Report covers Ricegrowers Limited ABN 55 007 com.au/sustainability-reports. In FY2021, as part of our approach 481 156 and its controlled entities. Unless otherwise stated, all to sustainability, SunRice identified six priorities that address these disclosures in the Annual Report relate to the Financial Year ended material topics and provide a framework for the Group’s response. 30 April 2021 (FY2021). In this report, ‘the year’, ‘this year’, ‘crop These priorities and related ambitions and actions are described year 2020’ and ‘CY20’ all refer to FY2021. The ‘2021 harvest’, ‘crop in Our Approach to Sustainability on pages 28 – 39. 12 24 26 28 36 year 2021’ and ‘CY21’ all refer to the rice crop harvested in 2021, Our Approach Our Growers Our People Our GRI Index which will be processed and marketed in the Financial Year ending 2021 reports portfolio to Sustainability Sustainability 30 April 2022 (FY2022). ‘SunRice’, ‘SunRice Group’, ‘Group’, ‘we’ • Annual Report – provides information on SunRice, Performance and ‘our’ refer to Ricegrowers Limited ABN 55 007 481 156 and its including governance, strategy, key risks, financial and controlled entities, as defined in this report. non-financial performance and outlook, and includes the Annual Directors’ Report and Annual Financial Report. Reporting frameworks www.sunrice.com.au/annual-reports Interim (Half Yearly) Financial Report – provides The content of the Our Approach to Sustainability section forms • information on SunRice’s half-yearly financial and part of SunRice’s application of the Global Reporting Initiative (GRI) non-financial performance and outlook. Core standards for FY2020. The GRI Standards are the world’s most www.sunrice.com.au/financial-reports widely used standards for sustainability reporting. The GRI index (see relevant section in this document) highlights where required • Corporate Governance Statement – provides an online FY2020 GRI Core disclosures can be found. The sustainability overview of our policies, procedures and practices to disclosures in this report and the information in SunRice’s ensure application of the ASX Corporate Governance sustainability website www.sunrice.com.au/sustainability serve as Principles and Recommendations (4th Edition). our Communication on Progress for the United Nations (UN) Global www.sunrice.com.au/corporate-governance Compact. Other reports and information Report assurance • Sustainability information – provides further online All disclosures in this document have been subject to SunRice’s information on SunRice’s sustainability strategy, performance internal review and approval processes by management, the and future plans. www.sunrice.com.au/sustainability-reports executive and the Board, as appropriate. • GRI Index – is a summary of how SunRice has addressed each of the GRI reporting core standards, with references to where the detailed information can be located across the 2021 reports portfolio. www.sunrice.com.au/sustainability-reports • Tax Transparency Disclosures – in FY2021, SunRice voluntarily adopted the Board of Taxation’s Tax Transparency Code to complement the Group’s existing tax disclosures and enhance our stakeholders’ understanding of the Group’s compliance with Australia’s tax laws. SunRice’s first Tax Transparency report will be issued in late 2021. • Other information – presentations and announcements made to stakeholders during the year. www.sunrice.com.au/presentations www.sunrice.com.au/announcements
B | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 1 2000 suppliers 100+ 40% Engaged through the Community Of our senior implementation of the SunRice organisations leadership roles Supplier Sustainability Program, supported across are held by women, the foundation for the release 6 countries 12 months ahead of SunRice’s inaugural Modern of our FY2022 goal Slavery Statement 28 University and rice research partnerships FY2021 6 Highlights Six priority issues identified and ambitions set
silver 2 awards In the Australasian Reporting Awards for SunRice’s FY2020 Annual Report 41% of sunrice branded products now display the Australian recycling label 100% vitamin enrichment in our white rice in PNG and the Solomon Islands
2 | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 3 Our objective is to optimise returns for both classes of shareholders. About A Class shareholders B Class shareholders SunRice Growers Investors SunRice’s Structure SunRice’s structure supports the interests of both our B Class shareholders or investors, who have the right to receive Rice Pool Profit dividends through our Profit Businesses; and our A Class shareholders, who Business Shared Businesses must be Active Growers, and who are The SunRice Group is an costs Australian ASX-listed branded Receival, International Rice, paid for their paddy through the Rice milling & Asset Rice Food, Riviana Pool Business, and have control of the food group, comprising multiple Financing company. selling of Charge Foods, CopRice & businesses, assets and operations Riverina Rice Corporate While separate, the two business groups across Australia, New Zealand, Brand Use have mutual benefits and purposes. Revenue – Expenses Revenue – Expenses Charges They ultimately complement each other, the Middle East, the United States, = Paddy Price = Profit the Pacific Islands and Asia. strengthening the alignment between our investors and growers. In addition to rice foods, the Group’s diversified portfolio includes gourmet and ‘free from’ food products, and animal feeds and nutrition. Our Payments for paddy rice to Dividends to ~35 major brands are sold in ~50 global markets and we hold leading brand positions in ~15 A Class shareholders B Class shareholders countries. Our ~2000 employees have a strong and growers focus on delivering value for all stakeholders as part of our Group Strategy, underpinned by SunRice’s values and behaviours. Our Stakeholders What Drives Us We are committed to providing our stakeholders with credible, SunRice’s Stakeholder Engagement Statement, which outlines transparent and timely information. We engage with them on the material topics identified by our key stakeholders and our Our values the topics that matter most through a variety of channels and business, and how SunRice engages with each stakeholder and respond to their insights, both directly and as a Group. responds to these issues, can be found at: www.sunrice.com.au/sustainability-reports In FY2021, this included face-to-face Director-led meetings with ~150 of our A Class Shareholders, receiving feedback from ~1200 team members through our employee engagement survey and reaching out to ~2000 suppliers Government and regulators as part of our Supplier Sustainability Program. The governments and regulators Integrity Dynamic Collaborative Innovative Community Employees that have jurisdiction over the We will always do We are fast, flexible Everything is better We constantly We care deeply for the Our team of ~2000, who regions in which we operate or the right thing and energetic when we work seek new ideas people and places that work in our businesses intend to operate. Shareholders Our A Class shareholders, who together and better ways care for us around the world. Community control SunRice, and our B Class The local communities shareholders, who have the right to in which we operate. receive a dividend (if declared). Our behaviours Peers Food and non-food Peer companies which SunRice suppliers, including growers Customer focussed Intellectually curious Decisive Good communicators engages with on mutually Without our customers, nothing We will create an environment We do what we say and say We work hard on being The people and enterprises from which we beneficial initiatives. matters. So we work tirelessly that will keep curious minds what we do, making smart, respectful communicators, and purchase our rice and other food products, to deliver the highest quality active. We will encourage open enterprise-wide decisions pride ourselves on taking the as well as other goods and services. product, demonstrating an engagement and collaboration as well as taking personal time to listen and respond (not Media and analysts Non-government unbridled passion for customer and look at challenges as accountability for results or react). We practice coaching and Analysts and local, national and organisations (NGOs) service excellence, safety and opportunities to unearth fresh, outcomes. Being decisive also the more we communicate, the international media outlets which Advocacy groups and other peak sustainability. creative ideas, or new solutions. means being brave, so we’re not deeper the understanding. That cover SunRice, or our subsidiaries, Customers bodies of which SunRice is a afraid to take calculated risks way, everyone has the same set and the rice industry. and consumers member, or works closely with. to make a difference in the way of facts. Groups which purchase our we work. products for consumption or use in a value add product.
4 | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 5 Our Brands and Products With ~35 major brands and market leading positions in ~15 countries, the SunRice Group continues to grow in key markets. In FY2021, we added 12 brands and more than 150 related products to our portfolio. This included SunGold, Toscano, Hart & Soul and Bare Bakers, as well as Top Cow, Top Calf and Longacre in New Zealand. Our business segments, product mix and markets are directly aligned to our 2024 Growth Strategy.
RICE POOL BUSINESS
Australian Rice Pool Supplying premium branded Australian rice, #1 #1 Rice brand in Rice brand in built on provenance and our heritage. Australian & Australian New Zealand food service grocery channels PROFIT BUSINESSES
International Rice A growing global supply chain and #1 #1 #1 distribution network, delivering quality Rice brand Medium grain Rice brand across and sustainability. in PNG & the rice brand in the 10 other Pacific Solomon Islands Middle East Island markets
Rice Food Innovation in healthy snacking and food #1 #1 ingredients aligned to global food trends. Microwave Rice cakes brand rice brand in Australia and in Australia New Zealand
Riviana Foods Brand led food business building on #1 #1 Pickled Olives brand “special occasions” and key consumer vegetables brand in Australia trends. in Australia
CopRice Innovative animal nutrition that leverages SunRice’s Riverina rice by-products.
6 | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 7 Perry and Catherine Hardy Our Strategy Coleambally rice growers Our 2024 Growth Strategy is designed to cement the SunRice Group’s position as a truly global, multi- origin, multi-market FMCG business. Importantly, The external macro factors1 we are proudly Australian-owned and our business that influence us are: is designed to benefit our investors, our growers, our Macroeconomic considerations employees and the communities in which we operate. 2 • Growing demand for health, Challenges: Over the last two years, a range of extraneous factors in the form of the drought and wellness and nutrition Increasing global competition. COVID-19 has delayed our ability to execute the Group’s original five-year growth plan, • Trust, traceability and transparency • due to end in 2022. The plan and its targets still remain responsive to and appropriate • Demographic shifts • Volatility of Australian rice supply. for the external macro factors and specific business challenges that influence SunRice. • The rise of the Asian consumer • Alternative crops competing for Accordingly, we have extended the Growth Strategy’s timeline by two years to 2024, • Food security limited water and land. as we focus our efforts to achieve our goals and build on the significant foundational • Supply chain stress • Market diversification and access. work undertaken to date (see Our Outlook on page 26 for further details). Foreign exchange volatility. Sustainability considerations •
To optimise returns for both • Climate change • Economic conditions, including geopolitical instability. Objectives classes of shareholders by… • A global waste crisis • Water scarcity • Climate change. • Chemicals and pesticides • Market impacts of COVID-19, including • Habitat and biodiversity loss disruptions to the shipping industry. • Poverty, slavery and inequality • Competition for talent, resources and capabilities. Increasing Adapting Securing • Population growth profits and reducing our product range a sustainable and earnings volatility to take advantage of reliable global changing food trends supply chain What success looks like: Strong financials How we’re responding: An aspirational revenue target of $2bn3, Cementing a global supply chain in Being recognised for our high which may take longer to achieve than response to increased demand in performance, delivered by by 2024, and to maintain double digit branded products, ensuring quality a positive, inclusive and returns on capital employed. 1 and sustainability. accountable culture. 4 Premium branded player Repositioning Australia as the supply Accelerating the growth and Leverage our reputation for quality source of choice for premium branded diversity of our strong, cash- and innovation in premium varietals, rice markets. generative portfolio, including healthy eating and snacking. 2 5 through further investment in Using our capabilities to meet evolving Riviana and CopRice. Asian presence global food trends, especially in healthy Expand sales in high-growth Asian eating and snacking, in particular through: consumer markets. 3 • Diversifying into new markets to offer high- Diversified earnings quality and convenient packaged rice of trusted provenance. Expand our CopRice and Riviana Foods segments through strategic growth • Playing a pioneering role in addressing the obesity and diabetes epidemics with our unique opportunities. Low GI rice. Food ingredients expansion • Leveraging our unique position to take advantage of the global fascination with sushi. Build our tailored food ingredients offering to service industrial customers. • Being recognised as a leader in healthy through a range of innovative snacks. snacking Resilient global supply chain • Operating a strong food ingredients business with diversified, high-value rice derivatives Secure a multi-varietal and resilient servicing global food companies. global supply chain with Australian growers at its centre. • Assurance of quality and sustainability with traceability, no matter where we grow our rice. 1. See pages 11 – 12 in our FY2020 Annual Report for 2. Further detail about our approach to these challenges can be found in Our Approach to Sustainability further information on our global context. on pages 28 – 39 and Our Approach to Risk on pages 44 – 49 in our FY2021 Annual Report. 3. This is an aspirational target, not a budget or forecast and assumes reasonable macro conditions. 8 | SunRice Sustainability Snapshot 2021 SunRice SustainabilitySunRice Annual Snapshot Report 2021 | 9
SunFoods, California, USA Aqaba Processing USA Italy Company (APC), Jordan
Our Strategy SunFoods, Japan Hawaii, USA A focus on product in Action Ensuring reliable China innovation Rice supply sources Pakistan Despite challenging operating conditions, and quality supply Taiwan and new launches Global offices which included the ongoing impacts of low and assets India Myanmar Australian rice production, COVID-19 and Existing markets Thailand Vietnam instability in key global markets, the Group Cambodia Target markets Ricegrowers Ricegrowers Vietnam Trukai Industries, retained a sharp focus on executing SunRice’s and/or new offerings Middle East, UAE Papua New Guinea
2024 Growth Strategy. in existing markets Ricegrowers Singapore SolRice’s launch of This included leveraging a strong balance sheet to invest for Solrais Famili, Further expanding our the future at a time when many businesses were focused solely which underpinned SunFoods’ significant and strategic supply sources, including agreement with the SolRice, the business’s market on survival. Our investment in developing global supply sources Central Valley Rice Ricegrowers Singapore’s Solomon Islands leading position in the over many years also ensured we were well placed to service Growers Association to guarantee negotiation of significant Solomon Islands in our markets despite the difficult circumstances. supply of high-quality medium grain agreements with strategic rice through until at least January commercial partners in Australia FY2021. SunRice’s investment in our people, our brands and our 2024. The rice, to be sourced from the China and India to ensure Association’s 115 rice growing members, Uruguay the supply of milled white environment, supply chain and assets hold us in good will be processed at SunFoods’ facility stead for the future. Across the Group, our strategy in action rice to key markets in the at Woodland California, and packed into Pacific throughout FY2022. included the following highlights for FY2021. high value branded products for sale to SunRice, CopRice, customers in existing and new markets. AGS, Riviana Foods, Ricegrowers Australia New Zealand
Riviana Foods’ transformative Growing benefits of the New product innovation in Increased product innovation and acquisition of branded food importer, integration of Roza’s Australia, including the launch export opportunities, including the KJ&Co Brands, for $51 million, which Gourmet into the of the Riviana Basmati launch of Brown Rice Chips and is already delivering benefits and is Riviana Foods’ business, microwave range and SunRice’s Cracker Chips in China, Singapore, expected to be earnings per share Hong Kong, United Arab Emirates, Growth through including doubling new Flavour Your Rice sachets. accretive in the first full year of ownership. its revenue relative to Kuwait and Qatar, as well as the strategic M&A The acquisition included KJ&Co’s exciting FY2018, the financial year launch of health and wellbeing and capital brand portfolio, featuring Toscano, Hart immediately prior to the and microwave rice ranges into the investment & Soul and Bare Bakers amongst others, acquisition in September United Arab Emirates. which are sold into the Australian retail 2018. markets, including through Coles and Woolworths, and distributed in New Zealand.
CopRice’s acquisition of the dairy CopRice’s expansion into New and beef business of Victorian-based Zealand following the acquisition of The launch of a producer of livestock products Inghams’ dairy nutrition business, new more affordable The launch of SunRice’s Riverbank Stockfeeds for $5 million, which produces and sells dairy and Asian-sourced rice new Australian including a feed mill at Leongatha calf feed products. The $11 million brand, SunGold into Infant Rice Cereal. and a dairy business across Gippsland acquisition represents CopRice’s the Australian food While ranging was and south west Victoria. Having a first operational expansion into the service market. achieved in Australian manufacturing facility in Gippsland important New Zealand dairy market, retail channels, entry into complements CopRice’s existing and included Inghams’ feed mill at China via the daigou sales facilities, securing coverage across all Hamilton, and direct-to-farm and channel was impacted by key dairy regions in Victoria. packaged dairy business in New COVID-19. Zealand under the ‘Top Cow’, ‘Top Calf’ and ‘Longacre’ brands.
2020 Modern Slavery The completion of the FeedRite The completion of the Statement site upgrade, which was acquired $4.5 million upgrade of Building our sustainability The implementation of the Group‘s new by CopRice in FY2020. With a the Leeton Specialty framework for the future, Supplier Sustainability Program, total investment of $6 million, the Rice Foods Facility to with a focus on labour standards in Wangaratta facility reopened in FY2021 reduce operating costs An ongoing including the identification the supply chain as a part of SunRice’s as a pet food and companion animal and improve product focus on of six priorities for commitment to United Nations product manufacturing plant. innovation and quality Sustainable Development Goals. This sustainability SunRice’s sustainability The release of SunRice’s of our microwave rice. included reaching out to more than targets where we can make inaugural The facility was formally 2000 suppliers worldwide. Modern Slavery opened by NSW Minister a difference, including Statement in response to the for Finance and Small SunRice’s ambition and the SunRice’s adoption of the Board of requirements of the Australian Taxation’s Modern Slavery Act 2018 (Cth). Business, Damien actions to be taken as we Tax Transparency Code Tudehope MLC in to complement the Group’s existing The statement reflects the work April 2021. develop measurable and tax disclosures and enhance our undertaken across SunRice to meaningful goals for each. stakeholders’ understanding of the better understand and manage Group’s compliance with Australia’s tax the risks of modern slavery and laws. Our first Tax Transparency report human rights abuses in our Further details can be found in the relevant segment performance sections will be issued in late 2021. operations and supply chain. on pages 16 – 25 and in the Our Approach to Sustainability section on pages 28 – 39 in our FY2021 Annual Report. Further strategic initiatives are discussed 10 | SunRice Sustainability Snapshot 2021 in Our Outlook on pages 26 – 27 in our FY2021 Annual Report. SunRice Sustainability Snapshot 2021 | 11 Our priority We also worked with SunRice’s Board to We continue to evolve our approach and issues & ambitions define our long-term ambitions for these programs and in the following pages we In FY2021, we took the next step in our areas. By leveraging our assets and our share our short-term actions to support sustainability journey, defining the six skills with focus on these six priority issues, these ambitions. Our detailed targets priority issues that support our sustainability we know we can deepen our impact and and the roadmaps to deliver against framework and our growth ambitions. address the material topics to our business.4 them will follow.
Our Approach Our Framework to Sustainability Making a difference to the sustainability Like all food products, rice relies of places and lives on a healthy ecosystem and thriving rural and regional communities by WASTE REDUCTION AND to deliver the highest quality WATER EFFICIENCY CLIMATE RESILIENCE SUSTAINABLE PACKAGING outcomes. As such, looking after MAKING A DIFFERENCE people and planet is core business. TO OUR ENVIRONMENT Towards the most Net zero emissions from Toward zero waste Minimise the environmental water-efficient rice our controlled operations from our products impact of our products from Whether it be ensuring access to nutritious food, farm to table products in the world and packaging supporting regional communities in need or reducing Partner with growers to the environmental impact of our operations, SunRice create a step change in has a long history of looking after the people and MAKING A DIFFERENCE reducing emissions planet that look after us. TO OUR COMMUNITIES Partner with communities This section provides a snapshot of SunRice’s to enrich lives socially and sustainability efforts, as well as our commitment economically, leveraging to public and transparent communication of our our expertise wherever ambition in our priority issues, goals and sustainability we operate performance. It also serves as our Communication on Progress for the United Nations Global Compact. MAKING A DIFFERENCE For more information on our sustainability WITH NOURISHING performance, please see: www.sunrice.com.au/ PRODUCTS sustainability-reporting. Create nutritious products to improve the lives of consumers PARTNERING FOR RESPECTING FOOD SAFETY, RESILIENT COMMUNITIES HUMAN RIGHTS SECURITY & QUALITY by taking action to achieve our ambitions we will deliver Our communities Equity and equality Food security and on the following SDGs consider SunRice a vital across our operations quality products for and address the topics that are part of their ecosystem and supply chain our communities material to our business,4 creating value for all of our stakeholders. Our Pathway 2018 2019 2020 2021 2022 Established Board Senior executive Integrated financial and Identified key priority Deliver short term governance of sponsorship for non-financial reporting issues and ambitions actions identified sustainability, including sustainability, followed by to provide information in this report First Modern Slavery Sustainability Charter the appointment of the on all aspects of Statement issued Create road maps first Head of Sustainability our performance in Became a toward targets in SunRice’s annual report SunRice Supplier signatory to Materiality assessment each priority area Sustainability UN Global completed Introduced three-year Code implemented Compact performance data Released inaugural SunRice Australia Sustainability Report
12 | SunRice Sustainability Snapshot 2021 4. For detail on material topics identified by our key stakeholders and our business, and how SunRice Sustainability Snapshot 2021 | 13 SunRice engages and responds, please see: www.sunrice.com.au/stakeholder-engagement. An industry OUR PRIORITIES committed to R&D More than $85 million Water efficiency invested in research and Our ambition FY2021 results development programs by the Australian rice industry World leaders in water efficiency since 2012 resulting in Make SunRice 0.88T/ML water-efficient varieties Water is essential to all agriculture, average water such as Reiziq, Viand, Topaz products the most efficiency achieved including rice. Most Australian rice and others suited to the across CY20 Riverina rice crops. is grown using general water security Australian climate. water efficient in allocations, meaning water is allocated to production after the needs of the Great tasting products the world environment, people, high-security water A new with less water Australian rice variety users and livestock have been met. Not only has our $4.5 million tested, with positive Because rice is an annual crop, in years of limited water availability, upgrade to Leeton’s Specialty results ready for next year. our farmers either don’t grow it or grow only very small quantities. Rice Foods Facility boosted They flex their production to respond to their environment. It’s the the texture and quality of perfect crop for the variability of Australian conditions. our best-selling microwave 492 growers trained by our When our farmers do grow rice, they are among the most water rice, but it will also reduce supply partner in Thailand. efficient in the world, using 50% less water than the global average our fresh water use and and achieving some of the highest yields in the world. wastewater. 2,200+ recorded touch points with our growers, from field days to podcasts, all focused on sharing best practice.
FY2022 actions
A BOLD NEW PLAN Develop a FOCUSED ON WATER road map in partnership with the rice DEVELOPING NEW VARIETIES SHARING BEST PRACTICE ENHANCING NATIVE VEGETATION USE EFFICIENCY industry, including specific AND KNOW-HOW THROUGH WATER FLOWS grower extension Through the Australian Rice Partnership, A wholly owned subsidiary of SunRice, Rice Research activities focused on SunRice’s researchers have been involved Our leading water use efficiency is a result In FY2021 our Rice Research facility Australia Pty Ltd (RRAPL) was established more than improving water use. in the development of a new cold-tolerant of the industry’s collaborative approach to participated in a native vegetation 30 years ago for the specific purpose of carrying out rice medium grain variety ‘VO71’, which was research and development and the adoption initiative with the NSW Department of research and development. It’s part of a unique three- trialled in southern NSW in FY2021. of world-best management practices. Planning, Industry and Environment, the way Australian Rice Partnership between SunRice, the Commonwealth Environmental Water Office NSW Department of Primary Industries and AgriFutures To date VO71 has responded well, with Practices like delayed permanent water Develop and the Murray Darling Wetlands Working Australia to deliver improvement in breeding, agronomy its built-in mechanisms to reduce the risk leverage techniques, including direct drilling, Group to demonstrate how enhancing native and extension. of cold damage. Early results show an to allow growers to delay the time their a plan vegetation can enhance biodiversity and in increased yield and improved water use crops need permanent water on them while To support the Australian Rice Partnership’s work and to share insights with turn benefit the rice industry. efficiency, even against our top performing continuing to produce higher yields and build on our world leadership position in rice productivity Vietnamese growers, including finalising a current varieties. reduce greenhouse gas emissions. Variations Under the initiative, rice irrigation systems and water use efficiency, AgriFutures has announced on this technique are being adopted around were used to efficiently deliver water to a bold new plan to increase water use efficiency in the $5 million research and The new variety is one of several developed development partnership the world as a solution to help make rice the Black Box forest at our ‘Old Coree’ Australian rice industry. through investment in research and with government and from other countries more sustainable. property, rejuvenating numerous native development by SunRice, Australian Together, our goal for Australian rice production is research institutes to plants, including nitre goosefoot, lignum rice growers and the NSW and Federal In Australia, a network of extension officers to achieve an industry average of 1.5 paddy tonnes underpin sustainability in and nardoo without the need for overbank Governments. This has led to specialty ensures our growers have access to best per megalitre by 2030. This is a 75% water productivity the Vietnam supply chain. flows in these once flood prone regions. varieties better suited to the Australian practice information throughout the improvement on FY2021 levels. This environmental work complements climate that are widely used across the season. We then track and share results to rice growing activities, providing habitat for Riverina region of Australia and have drive continuous improvement. We’re now supporting plants and aquatic animal life in been adapted to suit SunRice’s Northern working with our partners in Thailand and one operation. Australian rice growing operations. Vietnam to share what we know and work together to achieve better results.
14 | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 15 OUR PRIORITIES
Climate resilience Our ambition
Committed to climate action SunRice is committed Net zero to implementing the emissions SunRice relies on natural resources in recommendations from our Australia and around the world to supply of the Task Force on nutritious food products. Material changes controlled Climate-related Financial in weather patterns and reduction in operations Disclosures biodiversity, which are increasing with climate Partner with change, may negatively influence arable lands currently used for rice production, crop yields, Since 2018 we’ve saved growers to nutritional composition of rice, farming cost approximately 1,026MWh create a step and deplete the number of farmers. per annum through our change in ongoing program to install It is critical that we continue to reduce carbon pollution and position reducing energy efficient lighting SunRice to manage the risks and opportunities of a changing climate. emissions across our Australian In FY2021, across our businesses, we have ensured we have the data and information we need to continue working towards our ambition of net zero operations. That’s the impact from our controlled operations. equivalent of 1,088 tonnes FY2021 results In terms of climate resilience, our commitment has long been embedded in of CO2. both the SunRice 2024 Growth Strategy and our risk management activity. Group baseline projects We continue to work to implement all of the recommendations of the Task for energy, waste and Force on Climate-related Financial Disclosures (TCFD) to provide continued water were completed. transparency on these issues to our stakeholders.
~30,000GJ of renewable energy for drying rice in our Vietnam mills was generated from rice hulls.
Progress toward TCFD recommendations, including management presentation of progress plan to Finance Risk and Audit Committee (FRAC) and confirmation of FRAC TOWARDS NET oversight.5 EXPERTS AT GLOBAL SOURCING SUNFOODS: POWERED BY REDUCING METHANE RENEWABLE AND CARBON IN MOULAMEIN ZERO EMISSIONS FY2022 actions A key element of SunRice’s 2024 FREE ENERGY Growth Strategy is the establishment SunRice Director, Dr. Leigh Vial’s family has In FY2021, our U.S. based subsidiary of a secure, sustainable and reliable been farming rice for more than 50 years in In FY2021, with the support of the NSW Government Department Develop our Net Zero SunFoods LLC moved to renewable global supply chain that mitigates our southern NSW. of Planning, Industry and Environment, we’re proud to have Emissions pathway by: exposure to weather events in any one and carbon free forms of energy In 2005, Leigh commenced a program commenced two new projects: an Energy Management Program, • Finalising our region. This diversification strategy to power its plant in Woodland, to reduce methane emissions at his and a Net Zero Emissions Strategy. energy baseline was initiated more than 10 years California. Sourced from Valley Clean and identifying property North Dale. By switching from ago by investing in direct access to Energy, 42% of the site’s energy was As part of these projects, we have investigated and developed an opportunities. aerial seeding, where germinated seed is energy consumption and energy performance indicators baseline; Californian rice and, more recently, by renewable and 75% was carbon free. • Reviewing potential dropped into water, to direct drilling where a carbon emissions baseline and business-as-usual forecasts; a the acquisition of a mill in Vietnam. As the SunRice Group has worked for 100% renewable rice is drilled into unflooded soil, methane masterplan for the aggregation, analytics and reporting of energy to improve its energy management electricity at specific As part of this, SunRice has production has reduced significantly. This and emissions data; and a consolidated register of renewable systems, SunFoods has provided a sites. accelerated establishment in recent is complemented by a no-till approach to energy investment options and efficiency projects. years of strategic relationships with important pilot site for how this can crop establishment, which preserves soil • Partnering with our key suppliers to access suitable lead to improved performance at a site carbon. Some rice growers are pushing Together these actions establish the foundations for us to identify growers to create an rice from other countries, such as level. the boundaries further by using delayed and evaluate climate-related risks and opportunities to deliver emissions baseline for Cambodia, China, India, Italy, Pakistan, permanent water, which can add to this a step change to our energy use and carbon emissions profile, our rice products. Spain, Taiwan, Thailand and Uruguay. reduction in methane production and enabling us to develop a robust road map to net zero emissions for • Continuing to progress increase nitrogen efficiencies. It’s part of an our business operations. TCFD adoption, industry-wide shift towards techniques that including climate are delivering excellent outcomes for both 5. Please see page 44 of Our Approach to Risk for further information. scenarios. on-farm performance and the environment. 16 | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 17 OUR PRIORITIES Waste reduction and sustainable packaging Our ambition FY2021 results
We’re on a mission to waste nothing Creating new uses 400 for difficult wastes Toward zero SunRice, Riviana and Our ambition is to be a zero-waste business, 195 pallets of SunRice’s CopRice branded products meaning nothing goes to landfill from our waste from reviewed for packaging Australian one tonne sustainability. operations or products. This is not without bulker bags used to its challenges, but with waste becoming an our products transport rice were New Product Development increasingly valuable resource, SunRice is recycled into new and packaging assessments of packaging already well on the journey. bulker bags and sustainability now included in all new packaging. More than 30 years ago, our CopRice business was created to make other recycled plastic nutritious animal feed from rice by-products. Today, SunRice turns products, as part nearly all rice by-products into new and valuable products including of a new pilot in FY2021. nutritious stabilised rice bran, rice flour, quality stock feed products, 41% companion animal food, animal bedding and pet litter. This year we of SunRice branded products now display the Australasian expanded that approach to include by-products of other agricultural A global approach crops such as almonds and grapes. Recycling Label. to waste When it comes to packaging, we continue to play our part in working Our Vietnam operation towards a circular economy. Guided by the Australian National FY2022 actions Packaging Targets and as members of the Australian Packaging reported recycling or Covenant Organisation (APCO), we have made some good progress. reusing the majority of We also acknowledge there is still work to do. its wastes in FY2021, In line with APCO targets: demonstrating local • Complete review of all leadership on a global Australian packaged products via APCO issue for the SunRice tools to determine Group. sustainability. • Continue roll out of ARL labelling for the Group products in Australia and New Zealand with CAMPAIGN TO a target of 100% by HELP CONSUMERS FY2024. • Create baseline for UNDERSTAND waste and begin developing the road RECYCLING map towards zero. We know that in Australia the amount of soft plastics that are being CREATING VALUE FROM SHARING EXCESS PRODUCT NEW WAYS TO DISPLAY recycled is not high enough to meet Australia’s National Packaging EVERY GRAIN SUSTAINABILITY Excess products are those we can’t Targets. One thing we can do to contribute is to help consumers By-products include the parts of sell. Wherever possible, we donate At SunRice, we’re always looking for understand the types of packaging that can be recycled and the the rice that don’t end up in our these products to charity to help ways to bring sustainability to life for recycling system. core products, including rice hull, those in need. We top this up with our business and for our customers. SunRice developed and launched campaigns via our social channels rice bran and broken rice. They are extra donations because it’s the In FY2021 we started using sustainable in FY2021 to share the details of how REDcycle works and remind highly nutritious, so we process them right thing to do. displays to showcase our products our customers that in Australia 99.9% of our SunRice soft packaging into rice bran, rice flour, stock feed, Supporting our local communities is in Australian retailers. The displays, can be recycled through that program (and a large percentage of companion animal food, animal part of our values and we’re proud to produced from recyclable materials our other Australian packaging can also be recycled through your bedding and pet litter. In FY2021, have been working with Foodbank in Australia, replace metal and plastic kerbside recycling). We will continue to build this awareness through 100% of the rice hull by-products since 2002. Last year, we donated fittings with cardboard clips and struts, the adoption of the Australasian Recycling Label (ARL), which from milling our Australian rice crop 114,700 equivalent meals through while still holding 16 kilograms of will soon feature on 100% of all of our Australian SunRice were turned into new and valuable Foodbank to help fight hunger in product per shelf. They look so good branded products. products. Australia. If excess product can’t be (and perform so well), we’re expanding In the future, innovation will help solve the challenge of recyclability In our Vietnam mill, our drying used by communities in need, we look their use for our newly acquired Toscano of soft plastics and alternative packaging types that can protect equipment is also powered by rice for options such as worm farms to and Hart & Soul branded products, as and keep our products safe. Until then, we continue to proactively hulls, using approximately 30,000GJ ensure the goodness of the product well as our Always Fresh and Fehlbergs improve the sustainability of all our packaging for all our products by of renewable heat energy. is not lost. In FY2021, 89.9 tonnes of products. reducing, removing and improving it wherever we can. You can see excess product went to Wormtech as our progress here: www.sunrice.com.au/sustainable-packaging/ part of a new pilot project to find new uses for waste.
18 | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 19 OUR PRIORITIES OUR PRIORITIES
Partnering for resilient communities Our ambition Human rights Our ambition In FY2021 we reached out to more than Helping grow In years of average Riverina rice production, Our Respecting human rights Equity and SunRice delivers close to $400 million per resilient communities annum directly in the Riverina region of 2000 communities SunRice fully supports the United Nations suppliers to engage equality NSW and supports more than 600 growers, them in our Supplier Rice farming and production 6 Guiding Principles on Business and Human 500 employees and 400 local suppliers. consider Sustainability Program across our supports agriculture and Rights and expects our business, employees On top of this, SunRice invests significantly in SunRice a and suppliers to respect all human rights, farmers, sustains lives local causes, including regional sponsorship, operations Access our inaugural Modern and improves the health community engagement, training and including labour rights, throughout our vital part Slavery Statement at www. and our development, as well as providing aid- of communities. operations and supply chain. sunrice.com.au/our-modern- based support where it is needed most. of their We are proud to have released our first Modern Slavery Statement slavery-statement. supply chain With more than 70 years of operation in the This approach to job creation and local during FY2021, which reflects the work undertaken across SunRice to NSW Riverina, we understand what investing community investment is replicated ecosystem date, to better understand the risks of modern slavery and human in our communities looks like and what it everywhere we operate, including in rights abuses in our operations and supply chain and to determine FY2021 results can mean to those living there. North Queensland, Vietnam, the U.S., the a long-term approach working with our suppliers to tackle these Solomon Islands and Papua New Guinea. FY2021 results challenges. With its release, we recognise the need for continued, Inaugural Modern increasing effort and stakeholder collaboration to achieve the shared Slavery Statement issued. 100+ goal of equity and equality across our operations and our supply chain. community organisations Sustainability Supplier supported across Code implemented. 6 countries. Interactive eLearning module developed and launched to communicate $52.4m our Sustainability Supplier in paddy payments Program to our Board, to Riverina growers. employees and suppliers.
Targeted training sessions 114,700 for our procurement and SunRice meals donated supplier relationship via Foodbank in 2020. teams, prior to engaging with over 40 priority SUPPORTING HEALTHY COMMUNITIES DELIVERING EDUCATION OUTCOMES, DEEPENING OUR UNDERSTANDING OF BUILDING STRONG GOVERNANCE strategic suppliers. THROUGH BIODIVERSITY INITIATIVES AS WELL AS RICE ACROSS THE PACIFIC FY2022 actions SUPPLY CHAIN RISKS AND PROCESSES The Bitterns in Rice Project is about farming Our businesses Trukai Industries and SolRice In FY2021 we launched SunRice’s new Supplier As we dig deeper in engaging with our and wildlife conservation working together. have a long history of investing in campaigns Sustainability Program across our network suppliers, it is critical that we have strong FY2022 actions related to health and nutrition, literacy and Develop a community of more than 2000 suppliers. As a part of our internal governance, processes and systems Since 2012, we have worked with the engagement strategy domestic violence across the Pacific. risk assessment process, approximately 40 to be able to respond effectively to any 2021 Modern Ricegrowers’ Association of Australia and to reflect our ongoing suppliers were prioritised for deeper one-on- modern slavery risks we uncover. Slavery Statement. Riverina Local Land Services to uncover Since FY2020, SolRice has partnered with the commitment to support one engagement. the well-guarded secrets of the globally Solomon Islands Government’s Ministry of our vibrant global In FY2021, we reviewed our internal endangered Australasian bittern. We now Women, Youth, Children and Family Affairs, supplier and community While we wanted to better understand how processes and engaged with legal, finance, Three year road map know there is a large breeding population that the Royal Solomon Islands Police Force and ecosystem. our priority suppliers are managing their risks, people and culture, risk and quality outlining how we will descends on the rice crops of the NSW Riverina the Australian High Commission to distribute more importantly we wanted to understand assurance experts, with a longer-term view minimise the risk of labour rights abuses in our each year, numbering 500–1000 mature pamphlets with its SolRais-branded bags. Review and relaunch our how we can collaborate with them to improve to embed an ethical sourcing mindset, operations and supply chain individuals in most years. This is remarkable, The pamphlets include options and inclusion and diversity performance across our supply chain. A pilot enabling sustainable procurement practices and, by fostering trusted as there are only 1500–4000 of these bitterns information for survivors of violence, while policy and practice and was launched to provide these suppliers with and continuous improvement. This resulted supplier relationships, remaining in the world. reminding perpetrators that violence against target our engagement to access to eLearning and resources to increase in new clauses being inserted in our supply identify and address any women, including their wives, is illegal. reflect our communities. their awareness and understanding of modern and procurement contracts, as well as The project provides growing tips and small slavery risks and help them complete risk-based proposed changes to the way we select issues uncovered. incentives to help rice farmers implement During FY2021, the Solomon Islands health self-assessment questionnaires transparently. and onboard new suppliers and report on practices that will best support the bittern officials again relied on SolRice to get potential human rights related issues. Continue to strengthen population. In FY2021, 11 growers across important COVID-19 health information out We have now received close to 90% of our supply chain mapping 952 hectares participated and initial surveys through our on-pack distribution network, questionnaire responses and commenced We will continue to test, review and refine and supplier engagement revealed at least 24 bitterns at the incentive further demonstrating our role in delivering analysis of the data. We will report the our processes to ensure the robustness of to improve our supply sites. These results show that the industry is education, as well as rice, across the many results and intended follow-up from these our internal governance systems. As a Group, chain visibility and risk on the right track and reinforce the value of the hundreds of islands that make up the questionnaires in our second Modern Slavery we are committed to effectively surfacing assessment. incentive program to this endangered species, Solomons. Statement, due for release in October 2021. and responding to modern slavery risks, in as well as our regional communities. alignment with our broader SunRice risk and We know there is more to do to engage with our compliance approach. Photo: Matt Herring. 6. Based on a crop year of ~600,000 paddy tonnes. suppliers on how to use these resources and 20 | SunRice Sustainability Snapshot 2021 this is part of our focus for the coming year. SunRice Sustainability Snapshot 2021 | 21 OUR PRIORITIES
Food safety, security and quality Our ambition FY2021 results
Rice is eaten by more people in the world Food security Supporting those who support others 100% than any other grain. It’s a staple food for In FY2021, Trukai Industries of our operations more than 3.6 billion people, who rely on and quality supported Port Moresby General Hazard Analysis and Hospital with monthly rice donations Critical Control Point rice for more than one meal a day. products for our and extended support to St John (HACCP) certified. We appreciate the role rice plays in food security, particularly in Ambulance and three further the Pacific, where our support spans more than 50 years and where communities hospitals as the pandemic escalated. we partner with governments to provide vitamin enriched rice to Likewise, SolRice partnered with 100% vitamin enrichment in our positively contribute to local health outcomes. the Salvation Army to distribute rice white rice provided to PNG Our processes and systems underpin the safe, nutritious, quality and tuna to communities who were and the Solomon Islands. products we supply to around 50 countries. So, however you receive without food after local gardens were our products – whether in a restaurant, direct from the supermarket damaged by Cyclone Harold. Infant rice cereal offering shelf or via aid assistance – you can count on the SunRice quality. launched in Australia. Multigrain options for Asia and the Middle East Health and wellbeing As SunRice experiences double digit range launched in the growth in convenient microwave rice Middle East. formats, our range was introduced into China, Hong Kong, and the Establishment of new third United Arab Emirates in FY2021 with party quality and technical a particular focus on the multigrain partners to validate offerings, which are increasingly products globally. appealing to time poor health- conscious consumers. Aid, food security and COVID-19 related support offered to organisations where we operate.
THE AUSTRALIAN QUALITY STORY RIVERINA RICE NOURISHES BABIES INNOVATIVE PARTNERSHIP FY2022 actions IN AUSTRALIA AND CHINA APPROACHES DURING Ensuring supplies of genetically pure DIFFICULT TIMES rice seed for our growers forms the SunRice unveiled its first ever infant food Continue to provide food basis of our pioneering Australian Pure offering in FY2021, providing Australian During COVID-19, regional and security through our ‘Good, Seed Scheme, which ensures the variety parents with an infant rice cereal alternative international travel restrictions prevented Better, Best’ framework integrity and traceability underpinning produced from Riverina grown rice. our quality and technical experts from – aligning local need to our premium product. validating manufacturing processes and quality product. While ranging was achieved in Australia, product in person. Instead, our Global Seed production is only able to occur in entry into China via daigou channels was Operations team developed new ways of Develop a method of the region for our Riverina crops, which impacted during the year by COVID-19. working, including establishing innovative capturing impact of our is a rice quarantine zone and further In May 2021, our infant rice cereal was partnerships with third party experts, who long-term partnership with protects the quality of the rice we grow. shipped to distributors ahead of its launch acted as our teams’ eyes and ears on the food security organisations The program is unique to SunRice and to Chinese consumers via cross border ground in multiple countries to ensure our around the world. ensures growers have access to pure e-commerce channels. Approximately product continued to be processed to the genetics, based on their region. 12 million babies are born in China each highest food quality and safety standards. Continue to provide year and our new product should appeal targeted nutritional support Complementing our Pure Seed Scheme, to parents’ desire for clean and safe foods, through our vitamin our subsidiary Rice Research Australia in line with Australia’s strong reputation enriched rice for specific uses research and development levies for this. local communities. paid by growers to fund, in partnership with the NSW Department of Primary Continuous improvement Industries and AgriFutures Australia, in our Australian Pure Seed the development of new varieties with Scheme. enhanced agronomic properties and subsequently higher returns for growers. It’s another way we’re achieving superior research outcomes (and great tasting product) for the Australian rice industry.
22 | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 23 OUR PRIORITIES Our CY20 Riverina growers Rice Harvest 45,000 Our growers are pivotal to paddy tonnes harvested. SunRice’s success in every way. As A Class shareholders, our Riverina growers have control of SunRice 90% through our Constitution, and of crops drill sown. have a unique 70-year connection to the business producing and supplying high quality grain for our premium markets. Overall CY20 Riverina yields were 2.2% above From Vietnam to Uruguay, our Riverina growers long-term industry are complemented by a growing network of global averages: grower suppliers, spanning 12 countries, including Australia (see pages 14 – 15). Together, we bring the world 6 billion serves of rice, feeding around Exceptional whole 19 million people every day.7 grain yields of 64.9% Meet our growers for Reiziq. Average yield of THE SERGI FAMILY, GRIFFITH
SunRice growers Patrick and Hayley Sergi (pictured 10.62 above), run a mixed cropping farm in Griffith, NSW. tonnes of paddy rice Australian rice growers’ BRINGING SUNRICE BEST In mapping out the framework, both per hectare (all varieties, “This year we’ve got plenty of water and there’s a big PRACTICE TO VIETNAM sustainability framework on and off farm data will inform all locations). rice crop in the ground; it’s going to benefit the whole accurate benchmarking and goal The forthcoming season will be the third for community, right through the system. The whole In FY2021 we continued to develop a setting, which will take place at the rice grower Tran Phuoc Nhan, who has been town is vibrant because there’s water and there’s farmer-led sustainability framework Top Reiziq yields of end of this season’s harvest. supplying Ricegrowers Vietnam with short rice – it’s really a fantastic feeling,” says Patrick. in collaboration with Local Land grain variety DS1 from the Hon Dat district, Services (LLS), the Ricegrowers A critical part of the development will also 15.6 Ken Giang Province. This season will see tonnes of paddy rice Association of Australia (RGA) and 24 be how we engage consumers and other THE GLENN FAMILY, MOULAMEIN the rollout of a research and development per hectare. Riverina rice growing businesses. The stakeholders in the process to ensure SunRice grower Robert Glenn, wife Alison and program to assist with managing inputs framework, now officially known as that they have a greater connection to daughters, Samantha and Charleton, run a mixed to improve grain quality and in turn, the the Rice Growers’ Promise has been how their rice is grown in Australia. We farming business at Moulamein, NSW. number of export markets available for built from the ground up by Australian want them to understand our growers’ Vietnamese rice. SunRice agronomists will Overall CY20 “You’re growing something for Australia; it’s on the rice growers, for rice growers. It passion and pride for growing rice and be involved on a weekly basis in the field to tonnages achieved encompasses a number of priorities supermarket shelf – COVID-19 has really brought their commitment to sustainability. We assist in managing the program and keeping per megalitre (ML) and goals that will be significant believe that the framework will provide that home that people want to know where a digital record of all activities. were favourable, their food comes from – something we’ve always in maintaining and achieving a platform to bring together Aussie rice sustainability outcomes both on farm growers and our consumers, closing gaps considering the known,” says Robert. PARTNERING FOR and more broadly, as an important challenging in understanding of how Australian rice is GROWTH IN THAILAND local agricultural industry. delivered from paddock to plate. conditions: In Thailand, we’re partnering with government breeding programs and RICE OUR FRAMEWORK multiple seed, paddy growing and packing Average GROWERS partners to deliver 5,000 hectares of specialty rice grown specifically to support 0.88T/ML PROMISE OUR (all varieties, all locations). ENVIRONMENT second tier brands within our supply chain. Through our partners and stakeholders in country, SunRice is funding the training Top return of of close to 500 Thailand farmers in SunRice systems, including farm record keeping, 1.32T/ML COMMUNITY INNOVATION QUALITY integrated pest management and (drill sown crop). Showcasing our passion and technologies for climate-smart farming, Continuous improvement Proudly producing fresh and pride to build prosperous and through industry led innovation trusted quality food directly safe communities for our including nutrient, straw and stubble and technology. traceable from paddock to plate. children and future generations. management.
7. Based on a 75 gram serving size.
24 | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 25 OUR PRIORITIES SUPPORTING THE NEXT ALIGNING OUR HEALTH AND SAFETY GENERATION OF WOMEN IN RICE REPORTING TO GLOBAL STANDARDS Our Now in its seventh year, the Jan Cathcart In FY2022, SunRice will realign its focus to Scholarship has been awarded to nine a renewed four pillar Health and Safety people women delivering financial support strategy that impacts people, culture, and hands-on industry experience to systems and processes. This will be assist them in achieving their career governed by leading and lagging indicators From Deniliquin to goals. The 2021 recipient of the Jan aligned to the GRI standard methodology Singapore, Leeton to Lae, Cathcart Scholarship was Charlie Reilly, of reporting, consisting of measures in Brandon to Aqaba, our from Leeton. The scholarship has been leadership engagement, risk management, 40% awarded to women undertaking a range of worker health and injury management and people were required to studies, but all recipients have agriculture compliance to our obligations. of our senior leadership and the rice industry at the centre of their work in extraordinary We will report against these indicators in roles are held by women, plans for the future. A total of $130,000 ways during FY2021. the FY2022 Annual Report. ahead of our FY2022 goal. has been awarded since the scholarship’s SunRice’s employee value proposition is inception. ‘Make a Difference’ and our ~2000 employees responded with both resilience and dynamism to do exactly that. As essential service providers, SunRice Group businesses worked throughout the COVID-19 pandemic, navigating changed working conditions, severe supply chain disruptions, international border closures and the impacts of changed shopping patterns, which resulted in our Australian rice supply being exhausted ahead of time. Our team’s approach to securing the long- term sustainability of our business and contributing to the communities where we operate was evident in workplaces across the globe and was underpinned by our People and Culture Strategy, values and behaviours, all of which were updated this year (see STAYING CONNECTED KEEPING OUR EMPLOYEES SAFE CLONTARF FOUNDATION About SunRice on page 4). DURING ISOLATION At SunRice, health and safety is embedded SunRice is proud to have supported the In the face of unprecedented challenges at every level across our business, from Clontarf Foundation’s academy at Narrandera presented by COVID-19, we took the operational practices, training and High School since 2018. The foundation exists Erin Varndell’s opportunity to focus on working together development and auditing programs, to to improve the education, discipline, life skills, winning image. to maintain our culture despite difficult our performance reviews and reward and self-esteem and employment prospects of circumstances. Significant changes were Erin Varndell says “Great recognition programs. young Aboriginal and Torres Strait Islander made to operational activities, capacity men, many of whom have participated in things are never done by In FY2021, we aligned our Health and Safety and layouts of sites, and new systems and traineeship or work experience programs in one person. Tackle the ~2,000 focus on leadership, people capability, risk challenge together and processes were introduced. This included our Riverina facilities. Total Number management and governance and delivered move forward to success,” an increased focus on communications strong results with a 4.6% reduction in the Given COVID-19 restrictions, students were which is why she chose of Employees to provide support and additional mental number of injuries. There was also a noticeable schooled at home for a large part of FY2021 this photo for the value health assistance to our people and their improvement in our Lost Time Injury and many of our planned activities did not Collaborative. families during this challenging time. Frequency Rate (LTIFR), with a 4.11% proceed. However, our employees played a We also acted quickly to embrace increased reduction recorded year-on-year. However, at significant role by hosting a group of Year 9 Figure 2 – Our global employee base (as at 30 April 2021) BRINGING OUR VALUES flexibility in terms of location and timing of 15.49, we continue to work on improving our boys, introducing them to our manufacturing AND BEHAVIOURS TO LIFE work along with new technologies to make Total Recordable Injury Frequency Rate (TRIFR). environment and the broad range of this possible. Staying connected was key to employment pathways available. We also Our employees live and breathe our values A review of high-risk activities and demonstrating our value of being Dynamic participated in Zoom mock interviews with every day. Throughout COVID-19, whether development of our critical risk safety to ensure team building and virtual team Year 11 and Year 12 boys, offering tips on working from home or in our manufacturing standards commenced in FY2021. Our meetings were effective, inclusive and how to prepare for job interviews. ale sites, SunRice Group employees shared their ale commitment to effectively manage risk thoughts on how our values and behaviours productive. years years ustralia ustralia years years ustralia ustralia and prevent reoccurrence of incidents was
show up in our workplaces, our communities years years years Communication was key with over 40 reflected in the Group’s proactive measures years years years years Female Female Female Female acific I acific years years acific I acific and our environment. The result was each of years separate employee communications of action and hazard management, with an years years years years our values – Integrity, Dynamic, Collaborative, in response to COVID-19. New ways of Action Closure Rate of 96.1% and a Hazard years years years years years years years years years years Innovative and Community – being brought years
outh ast sia engaging included a series of CEO ‘on outh ast sia Closure Rate of 94.0% recorded for the year. years years years years years years to life through images our employees selected years merica merica merica merica the couch’ Zoom sessions which enabled years or older years years or older years iddle ast less t an iddle ast less t an All Australian businesses maintained AS/ and tangible examples of what each value employees across the Group to ask NZS 4801 Occupational Health and Safety means. Our behaviours were also showcased questions and interact, and in other teams, Gender Age Length of Service Locations Management System certification, however via real world examples of what it means to ‘chat and cheer’ Zoom sessions were held FY2021 saw the significant achievement of be customer focussed, intellectually curious, on Friday afternoons. decisive and good communicators. certifying our international sites in Papua New Guinea and the U.S. to ISO45001 Occupational Health and Safety Management Systems. 26 | SunRice Sustainability Snapshot 2021 For three year data on key employee metrics please see page 41. SunRice Sustainability Snapshot 2021 | 27 Our Sustainability Performance FY2021
Our priority WASTE REDUCTION PARTNERING issues CLIMATE AND SUSTAINABLE FOR RESILIENT RESPECTING FOOD SAFETY, WATER EFFICIENCY RESILIENCE PACKAGING COMMUNITIES HUMAN RIGHTS SECURITY & QUALITY
Performance Data Crop Year 18 Crop Year 191 Crop Year 201 Material Topic Our Priority Issue Financial Year 19 Financial Year 20 Financial Year 21 For detail on Material Topics including definitions, boundaries and key stakeholder see our Stakeholder Engagement Statement. General
Group Revenue $1.19 $1.13 $1.03 Financial challenges in the supply chain billion billion billion
Aust Paddy Price* A$411 A$500 Fixed Price A$750 Fixed Price per tonne (Reiziq) per tonne (Reiziq) per tonne (Reiziq)
Tonnes rice harvested in Australia* 623,000 54,000 45,000 R&D and agronomics paddy tonnes harvested paddy tonnes harvested paddy tonnes harvested Financial challenges in the supply chain Water management Number of regions (countries) 9 11 12 Secure rice supply rice sourced from countries countries countries Product quality and safety
Number of Australian growers* 571 71 105
Government and University partnerships Data not reported 24 28
28 | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 29 OUR SUSTAINABILITY PERFORMANCE FY2021 CONTINUED Our priority WASTE REDUCTION PARTNERING issues CLIMATE AND SUSTAINABLE FOR RESILIENT RESPECTING FOOD SAFETY, WATER EFFICIENCY RESILIENCE PACKAGING COMMUNITIES HUMAN RIGHTS SECURITY & QUALITY
Performance Data Crop Year 18 Crop Year 191 Crop Year 201 Material Topic Our Priority Issue Financial Year 19 Financial Year 20 Financial Year 21
Environment
Tonnes of paddy rice per hectare average yield* 10.47 10.75 10.62 R&D and agronomics Water efficiency tonnes per hectare tonnes per hectare tonnes per hectare Water management Climate resilience Secure rice supply Average paddy tonnes produced/ML* 0.87 0.87 0.88 Product quality and safety tonnes per megalitre tonnes per megalitre tonnes per megalitre Role in local economies Climate change
Group Scope 1 emissions2 9,980 9,576 FY2021 data was not available at the time of Energy efficiency and energy reduction Climate resilience tonnes of CO2e tonnes of CO2e publishing the Annual Report.# Climate change
Group Scope 2 emissions2 62,647 51,612 FY2021 data was not available at the time of tonnes of CO2e tonnes of CO2e publishing the Annual Report.#
Group Total energy consumed2 432,549 GJ 377,700 GJ FY2021 data was not available at the time of publishing the Annual Report.#
Total GJ per tonne of finished product (FP) produced 0.287 0.285 FY2021 data was not available at the time of GJ/ FP tonne GJ/ FP tonne publishing the Annual Report.#
Total tonnes of C02e per tonne of FP produced 0.048 0.046 FY2021 data was not available at the time of Tonnes of CO2e / FP tonne Tonnes of CO2e / FP tonne publishing the Annual Report.#
% increase in SunRice packaging being recycled 52% 167% 93.2% R&D and agronomics Waste reduction and sustainable through the REDcycle program3 increase increase3 increase3 Role in Local economies packaging Product safety & quality % of Australian product packaging that are Data not available 99% 99% Partnering for resilient communities conditionally recyclable and/or kerb side recyclable (71% curb side, remainder (71% curb side, remainder through REDcycle4) (by weight) through REDcycle4)
% of Group product packaging SKU’S optimised 63% against sustainable packaging guidelines based on APCO
Tonnes of waste diverted from landfill* 2,9865 3,2975 FY2021 data was not available at the time of publishing the Annual Report.#
% of tonnes of waste diverted (recycled, reused) from Data not reported 25.2% FY2021 data was not available at the time of landfill (excluding by-products sold or donated)* publishing the Annual Report.#
% of rice hulls resulting from the yearly rice 95.10% 99.80% 100.00% production which are onsold for re-use*
30 | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 31 OUR SUSTAINABILITY PERFORMANCE FY2021 CONTINUED Our priority WASTE REDUCTION PARTNERING issues CLIMATE AND SUSTAINABLE FOR RESILIENT RESPECTING FOOD SAFETY, WATER EFFICIENCY RESILIENCE PACKAGING COMMUNITIES HUMAN RIGHTS SECURITY & QUALITY
Performance Data Crop Year 18 Crop Year 191 Crop Year 201 Material Topic Our Priority Issue Financial Year 19 Financial Year 20 Financial Year 21
Community
Number of community organisations supported Data not reported 150+ 100+ Partnering for resilient communities Our people Labour practices Role in local economies
Total Employees 1902 2176 1953
Female Employees 489 560 543
Male Employees 1413 1616 1410
Diversity statistics at board, snr management, senior See full graphs in 2019 Annual Report (page 19) See full graphs in 2020 Corporate See full graphs in 2021 Corporate Governance executive, and total women Governance Statement (page 2) Statement (page 7)
Senior leadership positions held by women 33.3% 31.3% 40%
Number of employees who undertook leadership 118 588 31 development courses
Generational statistics6 14% Baby Boomers, 39% Gen X, 11% Baby Boomers, 35% Gen X, 9% Baby Boomers, 34% Gen X, 46% Gen Y, 43% Gen Y, 4% Gen Z* 46% Gen Y, 8% Gen Z 11% Gen Z
Indigenous employees** 2.5% 1.8% 3.4%
Employee Engagement Score 61%7 Survey is conducted every 75% (Global)7 18–24 months
Average Age of Employees 39.9 39 38
Average Tenure 8 6.7 6.4
TRIFR (per million per hours worked) 11.94 12.89 15.49 Partnering for resilient communities Our people Respecting Labour practices human rights Work health and safety Change in TRIFR Decrease of 15.7% from CY17 Increase of 8% from CY18 Increase of 16.7% from CY19
Safety training completion rate 93.50% 94.60% 95%
Safety Leadership Activities 99.6%
Quality Standards – No of facilities Alignment to the GFSI in all our facilitates All SunRice manufacturing plants hold Food safety, Product safety and quality meeting specified std (Global Food Safety Initiative) food safety and quality certification to security & quality the Codex HACCP International Food Standard. Additional quality and related certifications are held at Plants according to the needs of the business and customer requirements. These include GFSI, non-GMO, Halal, Kosher and Organic certifications.9
32 | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 33 OUR SUSTAINABILITY PERFORMANCE FY2021 CONTINUED Our priority WASTE REDUCTION PARTNERING issues CLIMATE AND SUSTAINABLE FOR RESILIENT RESPECTING FOOD SAFETY, WATER EFFICIENCY RESILIENCE PACKAGING COMMUNITIES HUMAN RIGHTS SECURITY & QUALITY
Performance Data Crop Year 18 Crop Year 191 Crop Year 201 Material Topic Our Priority Issue Financial Year 19 Financial Year 20 Financial Year 21
Governance
Training of employees completed ABC training program is up to date. ABC training program is up to date. ABC training program is up to date. Anti-bribery and corruption Respecting human rights Anti-Bribery and Corruption (ABC) All new starters complete online training with All new starters complete online training All new starters complete online training with Our people training target met medium and high risk employees receiving with medium and high risk employees medium and high risk employees receiving Role in local economies Partnering for resilient communities alternate face to face and online training each receiving alternate face to face and alternate face to face and online training each year. online training each year. year.
Training of employees completing Modern Roll out to commence early FY2021 527 Our people Slavery Act and Labour Rights training in Role in local economies support of Supplier Sustainability Program (SSP)
Number of new suppliers engaged in new Roll out to commence early FY2021 2000+ Supplier Sustainability Program
Number of new suppliers in detailed engagement Roll out to commence early FY2021 ~40
* Australia only. 3. Australia program only Calendar Year. The % increase in 5. Improvement reflects data collection improved since prior 9. Codex = Codex Alimentarius Commission of the UN Food SunRice packaging returned is reflective of the general year. Continuing to focus on data collection improvements. and Agriculture Organisation; HACCP = Hazard Analysis and ** Based on % of Australian employees. increase in consumers returning soft packaging for recycling Critical Control Point (a systematic risk based approach to via the RedCycle program and related to calendar year 6. Statistics 12 months to Nov 20. food safety); GFSI = Global Food Safety Initiative. A global # Due to reporting cycles, FY2021 data was not available at 2020. Due to a change in REDcycle reporting approach for network organisation comprised of retailers, manufacturers the time of publishing the Annual Report. Details will be partners, the % is an estimate based on the actual total 7. FY2021 survey was expanded to includ SunFoods, Vietnam and others. Aim is to recognise and accredit various food updated online when available. branded packaging returned via the program and the last and Papua New Guinea in a Group global survey. In prior safety certification models and standards. We generally use years the survey did not include these global operations and 1. Unless otherwise stated all disclosures in the Annual Report SunRice REDcycle specific review completed by REDcycle in SQF Standard (Safe Quality Food) administered by the SQF the prior year. as such each year cannot be compared. As a result we have Institute; Non-GMO = not containing any genetically modified and this performance data table relate to the Financial Year not reported Change in Employee Engagement Score. ended 30 April 2021 (FY2021). organisms or genetic modification; Halal = Islamic food 4. Number refers to SunRice and CopRice brands for this standard meaning “lawful”; Kosher = “compliant” to Jewish reporting period and Riviana has made significant progress 8. Reduction in participants due to Riverina re-configuration and 2. Facilities under SunRice operational control. Above current Leadership Development Program under review. food laws; Organic = grown and processed according to Australian data prepared as per NGER reporting standards during the FY, with 64% of their products reviewed organic produce standards. for the SunRice FY ending 30 April 2021 (note NGER public for sustainability and the ARL. 93% of these products reports and disclosure in the Directors Report 1 July–30 are kerbside recyclable. The same packaging is used June). International data calculated based on available internationally but not all countries have REDcycle or data. similar systems to recycle soft plastics. Measurements are by weight.
34 | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 35 This index has been prepared in accordance The following reports are references in this index: with the GRI Standards: Core option. SunRice Annual Report 2021 (AR) 2020 Modern Slavery Slavery Statement (MSS) SunRice It supports our 2021 Annual Report. SunRice Corporate Goverance Statement Unless otherwise stated the data in this index relates to GRI Index the fiscal year ending 30 April 2021. Where other reports are referenced, a link is provided within our GRI Index. For a detailed explanation of the GRI indicators, visit the FY2021 GRI website at www.globalreporting.org
GRI Disclosure Disclosure/Response Page Number for UNGC Principle GRI Disclosure Disclosure/Response Page Number for UNGC Principle Reporting reference Reporting reference
102-1 Name of the organisation Ricegrowers Limited ABN 55 007 481 156 Trading as SunRice 102-11 Precautionary Principle or approach Partially reported: 7 AR > About this Report AR Inside Front Cover SunRice Sustainability Reporting Website Link 102-2 Activities, brands, products, and AR > About SunRice Page 8 AR > Our Approach to Sustainability Page 28 services AR > Our Brands and Products Page 10 AR > Our Approach to Risk Page 44 AR > Our Financial Performance and Position Page 16 102-12 External initiatives UN Global Compact Australia 102-3 Location of headquarters AR > Financial Report Page 81 Sustainable Development Goals 102-4 Location of operations AR > Our Strategy in Action Page 14 Sustainable Rice Platform 102-5 Ownership and legal form AR > About this Report AR Inside Front Cover 102-13 Membership of associations SunRice are members of the following associations (note major Associations listed): AR > About SunRice Page 8 Asia Society of Australia AR > Financial Report Page 81 AusCham Shanghai 102-6 Markets served AR > Our Strategy in Action Page 14 AusCham Vietnam AR > Our Financial Performance and Position Page 16 Australian Farm Institute 102-7 Scale of the organisation i. Employee data: 6 Australian Food and Grocery Council (AFGC) AR > Our People Page 42 Australian Sustainable Agriculture Initiative (SAI) Platform GRI Index > Employee data See Page 6 Australia-Papua New Guinea Business Council Corporate Governance Statement Link Freight and Trade Alliance of Australia NSW ii. Operations data: New Zealand Pet Food Manufacturers Association (NZPFMA) AR > Financial Report Page 81 Pet Food Industry Association of Australia (PFIAA) AR > Shareholder Information Page 142 Farm Writers’ Association iii. Sales revenue: 102-14 Statement from senior decision- AR > Chairman’s Report Page 4 AR Consolidated Income Statement Segment note Page 90 (note2a) > > maker AR > CEO’s Report Page 6 iv. Capitalisation: 102-15 Key impacts, risks and opportunities AR > Our Approach to Risk Page 44 AR > Consolidated Balance Sheet Page 84 102-16 Values, principles, standards, and AR > About SunRice Page 8 10 AR Debt Statement Notes to Financial Statements Page 114 (note 4d) > > norms of behaviour AR > Our People Page 42 102-7 Scale of the organisation (continued) v. Products and Services: 102-18 Governance structure AR > Our Approach to Risk Page 44 AR > Our Financial Performance and Position Page 16 AR > Corporate Governance Overview Page 50 www.sunrice.com.au/products Corporate Governance Statement Link www.rivianafoods.com.au/about-us/ 102-40 List of stakeholder groups AR > Our Stakeholders Page 9 www.coprice.com.au/about/ Additional detail available on SunRice Sustainability Reporting Link www.trukai.com.pg/our-story Website – Stakeholder Engagement Statement www.hinoderice.com 102-41 Collective bargaining agreements GRI Index > Employee data See Page 6 www.kjandco.com.au 102-42 Identifying and selecting AR > Our Stakeholders Page 9 102-10 AR Chairman’s Report Page 4 stakeholders Significant changes to the > AR > Our Approach to Sustainability Page 28 organisation and its supply chain AR > CEO Report Page 6 Additional detail available on SunRice Sustainability Reporting Link AR > Our Strategy in Action Page 14 Website – Stakeholder Engagement Summary AR > Our Financial Performance and Position Page 16 102-43 Approach to stakeholder AR > Our Stakeholders Page 9 engagement AR > Financial Report Page 81 AR > Our Approach to Sustainability Page 28 Our Modern Slavery Statement website Link Additional detail available on SunRice Sustainability Reporting Link Website – Stakeholder Engagement Summary 2020 Modern Slavery Statement
36 | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 37 GRI INDEX FY2021 CONTINUED
GRI Disclosure Disclosure/Response Page Number for UNGC Principle GRI Disclosure Disclosure/Response Page Number for UNGC Principle Reporting reference Reporting reference
102-44 Key topics and concerns raised AR > Our Stakeholders Page 9 Material Topic Disclosures AR Our Approach to Risk Page 44 > 103-1 Explanation of the material topic AR > Our Stakeholders Page 9 AR Our Approach to Sustainability Page 28 and its boundary > AR > Our Approach to Sustainability Page 28 Additional detail available on SunRice Sustainability Reporting Link Additional detail available on SunRice Sustainability Reporting Link Website – Stakeholder Engagement Summary Website – Stakeholder Engagement Summary 102-45 AR About SunRice Page 8 Entities included in the consolidated > 103-2 Management approach and its AR > Our Stakeholders Page 9 financial statements component AR > Our Approach to Sustainability Page 28 AR > Our Financial Performance and Position Page 16 Additional detail available on SunRice Sustainability Reporting Link 102-46 Defining report content and topic AR > About this Report AR Inside Front Cover Website – Stakeholder Engagement Summary Boundaries AR Our Stakeholders Page 9 > 103-3 Evaluation of the management AR > Our Stakeholders Page 9 AR Our Approach to Sustainability Page 28 approach > AR > Our Approach to Sustainability Page 28 Additional detail available on SunRice Sustainability Reporting Link Additional detail available on SunRice Sustainability Reporting Link Website – Stakeholder Engagement Summary Website – Stakeholder Engagement Summary 102-47 AR Our Stakeholders Page 9 List of material topics > 201-1 Direct Economic Contribution AR > Our Approach to Sustainability Page 28 AR Our Approach to Sustainability Page 28 > AR > Financial Report Page 81 Additional detail available on SunRice Sustainability Reporting Link SunRice Sustainability Website Link Website – Stakeholder Engagement Summary 201-2 Risks and opportunities posed AR > Our Approach to Sustainability Page 28 102-48 Restatements of information No restatements have been made to information presented in by climate change that have the AR Our Approach to Risk Page 44 previous GRI indices potential to generate substantive > 102-49 Changes in reporting There have been no significant changes in reporting since our last GRI changes in operations, revenue, or index was produced expenditure 102-50 Reporting period 1 May 2020 to 30 April 2021 205-2 Communication and training about Sustainability Performance Data Table on SunRice Sustainability Link anti-corruption Reporting Website 102-51 Date of most recent report SunRice Annual Report 2020 Link policies and procedures 102-52 Reporting cycle Yearly Annual Report release. Link 302-1 Energy consumption within the Sustainability Performance Data Table on SunRice Sustainability Link Yearly Sustainability data with updates on Sustainability Website as Link organisation Reporting Website required 303-1 Water withdrawal by source AR > Our Approach to Sustainaiblity Page 28 8 102-53 Contact point for questions Head of Sustainability: [email protected] Sustainability Performance Data Table on SunRice Sustainability Link regarding the report Reporting Website
102-54 Claims of reporting in accordance This report (including the AR, the Sustainability Performance Data 304-1 Operational sites owned, leased, AR > Our Approach to Sustainaiblity Page 28 8 with the GRI Standards Table as updated on the Sustainability Reporting website) has been managed in, or adjacent to, prepared in accordance with the GRI Standards: Core option. protected areas and areas of high 102-55 GRI content index SunRice Sustainability Reporting Website Link biodiversity value outside protected areas 102-56 External assurance External assurance has not been sought in relation to the sections of the Annual Report with the exemption of our Financial Statements, as 305-1 Direct (Scope 1) GHG Emissions described in our report 305-2 Energy indirect (Scope 2) GHG Emissions AR > Our Approach to Sustainaiblity Page 28 305-3 Other indirect (Scope 3) GHG Emissions Sustainability Performance Data Table on SunRice Sustainability Reporting Website Link 305-4 GHG Emissions Intensity 305-5 Reduction of GHG Emissions 401-1 New employee hires and employee AR > Our Approach to Sustainaiblity Page 28 turnover AR > Our People Page 42 Corporate Governance Statement Link Sustainability Performance Data Table on SunRice Sustainability Link Reporting Website
38 | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 39 GRI INDEX FY2021 CONTINUED Employee Data
1 1 2 3 4 GRI Disclosure Disclosure/Response Page Number for UNGC Principle Permanent Full-Time Permanent Part-Time Temporary Fixed Term Casual Headcount Reporting reference F M F M F M F M
405-1 Diversity of governance bodies and AR > Our People Page 42 Consumer Markets 8 11 2 21 employees AR > Corporate Governance Overview Page 50 CopRice 28 100 5 1 3 9 7 3 156 Corporate Governance Statement Link Corporate Administration 4 1 5 1 1 12 (Company Secretary & Sustainability Performance Data Table on SunRice Sustainability Link Executive Support) Reporting Website Finance Group 18 30 7 2 1 1 59 403-4 Occupational Health and Safety AR > Our People Page 42 Operations & Agribusiness 89 244 6 11 11 48 82 491 403-5 Sustainability Data Table Link People & Culture 14 1 5 2 2 1 25 403-9 Riviana Foods 53 24 20 3 1 101 SunRice 1 1 Total Australia 214 412 50 1 21 24 58 86 866 Papua New Guinea 133 687 1 0 61 882 (Trukai Industries) United States of America 23 51 1 1 11 87 (SunFoods LLC) United Arab Emirates 2 7 9 (Ricegrowers DMCC) Solomon Islands (SolRice) 16 17 33 Singapore 6 5 11 (Ricegrowers Singapore) Thailand 2 1 3 (Ricegrowers Singapore) Vietnam (Ricegrowers Vietnam) 17 45 62 Outside Australia 199 813 0 2 0 0 1 72 1087 Total Group 413 1225 50 3 21 24 59 158 1953
1. Permanent employees are employed by SunRice and its Subsidiaries on a full time (38 hours per week) or part time basis (less than 38 hours per week). 2. Fixed term employees are employed by SunRice and its Subsidiaries for a fixed term (their employment has an agreed end date). 3. Casual employees are paid on an hourly basis. 4. Total headcount includes permanent employees, fixed term employees and casual employees. It excludes Board members, temps, special contractors, vendors and employees on extended leave. Collective bargaining agreements in place in Aust and NZ only (percentage of ANZ employees covered is 52.30%).
For yearly trend data on key employee metrics please see Our Sustainability Performance. 40 | SunRice Sustainability Snapshot 2021 SunRice Sustainability Snapshot 2021 | 41