ASR Group
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 99% 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 2,800,000,000 kg CO2e, comprising 594,244,000 kg CO2e from Scope 1, 112,844,000 kg CO2e from Scope 2, and 2,135,321,000 kg CO2e from Scope 3 emissions. This reflects a significant increase in emissions from 2022, where total emissions were about 1,940,839,000 kg CO2e, 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. ASR Group has set ambitious climate commitments, aiming to reduce 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 their broader decarbonisation strategy, which has been cascaded from their parent company, American Sugar Refining, Inc. The company’s emissions intensity for North American operations was reported at 2,007 kg CO2e per metric ton of product in 2023, a notable increase from 621 kg CO2e per metric ton in 2022. This highlights the challenges faced in reducing emissions while scaling operations. ASR Group's commitment to sustainability is further underscored by their investment in operational efficiency and renewable energy programmes, which are essential for meeting their long-term climate goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,166,000 | 0,000,000 | 000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 00,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 7,804,000 | 0,000,000 | 000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
ASR Group is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
