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 97% 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 significant carbon emissions, totalling approximately 2,135,321,000 kg CO2e. This figure includes Scope 1 emissions of about 594,244,000 kg CO2e, Scope 2 emissions of approximately 112,844,000 kg CO2e (market-based), and a substantial Scope 3 total of around 2,135,321,000 kg CO2e. The Scope 3 emissions are primarily driven by purchased goods and services, which account 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 is currently on track to meet its near-term reduction goals, as indicated in their sustainability reports. The emissions data for ASR Group is cascaded from its parent company, American Sugar Refining, Inc., reflecting the corporate family's commitment to sustainability. The company has been recognised for its efforts, receiving a Gold Medal in the EcoVadis sustainability assessment, which underscores its dedication to improving environmental performance. Overall, ASR Group's proactive approach to managing carbon emissions and its clear reduction targets position it as a responsible player in the sugar refining industry, committed to addressing climate change.
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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.
