47153 AG Barr Annual Report 2025 AW4 SQ WEB - Flipbook - Page 60
A.G. BARR p.l.c. Annual Report and Accounts 2025
R I S K M A N AG E M E NT CO N TI N U ED
Strategic priorities:
Connecting with consumers
Movement:
Building brands
No change
Driving efficiency
Increased
Net risk
rating
Risk
Impact
Gross risk movement during the year
Controls and mitigating actions
The Group’s
environmental
sustainability
performance and/or
commitments are
perceived as poor
or inadequate
Stakeholder perception that the Group’s
environmental sustainability commitments
are inadequate or an inability to meet
those commitments could impact revenue
if consumers choose to purchase and
consume alternative brands and/or
an erosion of corporate reputation.
Expectations from a range of stakeholders
(including Governments, customers,
consumers, competitors and employees)
in relation to corporate environmental
sustainability commitments and performance
has continued to increase during the year.
We have taken appropriate mitigating actions
to ensure no change to the net risk rating.
As per above, we have clearly defined
Moderate
responsibility commitments and science-based
emission reduction targets in place. Five
environmental sustainability related workstreams
continue to be progressed through our Groupwide NTTW environmental sustainability
programme: net-zero, plastic and packaging,
sustainable sourcing, water and waste. During
the year, the NTTW programme reported to the
NTTW Steering Group, which is responsible for
setting the Group’s environmental strategy, for
achieving the Group’s environmental targets,
and for monitoring and managing the associated
risks. The NTTW Steering Group is overseen
by the ESG Board Committee. We continue to
make good progress against our environmental
sustainability targets. Further detail is provided
in the Responsible Business Report on pages
26 to 49.
Changes in consumer
preferences,
perception or
purchasing behaviour
Consumers may decide to purchase and
consume alternative brands or spend less
on soft drinks.
The increased focus of consumers and
customers on the health and wellbeing
agenda has continued during the year.
The use of weight lost drugs has increased
during the year. We have taken appropriate
mitigating actions to ensure no change to
the net risk rating.
The Group offers a broad range of branded
products across a range of flavours,
subcategories and markets which offer choice to
the end consumer. 97% of our current Barr Soft
Drinks portfolio is exempt from the regulations
applicable to High Fat, Sugar and Salt (‘HFSS’)
products. Changing consumer attitudes and
behaviours are monitored on an ongoing basis
and inform our brand plans and new product
development. Through investment in innovation
across the year we have adapted our portfolio
to align with these changing consumer needs.
Our M&A Committee also identifies growth
opportunities to meet consumers’ evolving
preferences.
58
Moderate
Building trust
Decreased
New
Net risk movement
during the year