ASR Group Sustainability Profile
ASR Group, officially known as ASR Group Sugar Holdings, is a leading player in the global sugar industry, headquartered in the United States. Founded in 1998, the company has established a strong presence in key operational regions, including North America, the Caribbean, and Central America. Specialising in the production and marketing of sugar and sweetener products, ASR Group offers a diverse range of high-quality products, including cane sugar, liquid sugar, and specialty sweeteners. What sets ASR Group apart is its commitment to sustainability and innovation, ensuring that its products meet the evolving needs of consumers and businesses alike. With a robust market position, ASR Group has achieved significant milestones, including strategic acquisitions that have expanded its footprint and enhanced its product offerings, solidifying its reputation as a trusted leader in the sugar industry.
DitchCarbon Score
How does ASR Group's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Sugar Plantations industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
ASR Group's score of 34 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ASR Group's reported carbon emissions
In 2023, ASR Group reported total carbon emissions of approximately 2,000,000,000 kg CO2e, with emissions distributed across various scopes: 594,244,000 kg CO2e (Scope 1), 112,844,000 kg CO2e (Scope 2), and 2,135,321,000 kg CO2e (Scope 3). The Scope 3 emissions were significantly driven by purchased goods and services, accounting for about 1,553,776,000 kg CO2e. ASR Group has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 50% by 2030, achieve carbon neutrality globally by 2040, and reach net-zero emissions by 2050. These targets are part of a broader decarbonisation strategy initiated in 2012. The company’s emissions data is cascaded from its parent organisation, American Sugar Refining, Inc., reflecting a corporate family relationship. In 2022, ASR Group's emissions were slightly lower, with Scope 1 at 560,532,000 kg CO2e, Scope 2 at 123,630,000 kg CO2e, and Scope 3 at 1,940,839,000 kg CO2e. The company continues to focus on operational efficiency and renewable energy investments to meet its reduction targets.
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| 2018 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 00,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 38,709.57 | 000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is ASR Group's Industry?
How Carbon Intensive is ASR Group's Location?
ASR Group's Scope 3 Categories Breakdown
ASR Group's Scope 3 emissions, which increased by 10% last year and increased significantly since 2018, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 74% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 73% of Scope 3 emissions.
Top Scope 3 Categories
ASR Group's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
ASR Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
