Treasury Wine Estates signs Porto Protocol

Treasury Wine Estates has become the latest company to sign the Porto Protocol, a global forum that asks businesses to commit to cutting their carbon footprint.

“As a leading global wine producer and custodian to some of the most prized viticultural regions in the world, it is critical to ensure the success of our business is underpinned by being sustainable in everything we do,” TWE’s Global Corporate Affairs Director, Carolyn Coon, said.

“Our commitment to preparing for and adapting to climate change is integrated into our business operations, and the signing of the Porto Protocol will provide a platform for us to share best practice on climate change mitigation and adaptation techniques.”

Members of the Porto Protocol include global companies across numerous industries. Collectively, the members agree to act on a series of eco-friendly principles that include “ensuring good environmental practices guide business activity, identifying opportunities to collaborate with other members and external entities regarding climate change, and sharing best practice and case studies to the Porto Protocol platform,” according to an emailed statement.

The Porto Protocol was launched at a climate change summit in Portugal this year. It is a voluntary pledge which commits its participants to adopt and promote concrete actions, however small, to help reduce the impact of a changing climate.