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,