26-08-2022
Projet #003
CHEMICALS
GALACTIC
The business in a nutshell
Galactic has been one of the world's leading producers of lactic acid and its derivatives for over 30 years.
Through a process of fermentation of sugar and non-genetically modified micro-organisms, it develops a wide range of antimicrobials and natural ingredients, all aimed at producers of food and non-food products.
THE MISSION
W-Agency is helping Galactic to develop a corporate social responsibility (CSR) strategy that is consistent and effective with their organisation. Galactic, which also has a major objective of reducing its environmental impact, chose W-Agency to formalise this commitment and to carry out its carbon footprint assessment.
“citation”
SUMMARY
KEY MOMENTS
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As one of Galactic's aims is to advance its CSR strategy by improving all its practices, we assessed the company using the BIA questionnaire from the B Corp label. This assessment provided us with an initial overview of the company's situation and enabled us to measure Galactic's level of CSR maturity based on the BIA pillars of governance, employees, environment, customers and community.
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Carrying out a 360° carbon assessment based on scope 1, 2 and 3 was also a central part of our work with Galactic. In partnership with Greenly, we assessed the company's carbon footprint using Greenly's comprehensive tool, which complies with the GHG protocol. The aim of the carbon footprint assessment is to measure the company's CO2 impact and create a tailor-made action plan to work towards reducing it. At the end of the calculation process, Galactic will have its final report including scopes 1, 2 and 3 and the breakdown of emissions.
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Our work with Galactic (ESG maturity assessment and carrying out the carbon assessment) gave us the opportunity to gain a thorough understanding of how the company operates, which in turn enabled us to take a tailor-made approach and submit a precise action plan based on the company's criteria.