Results

Oriental Brewery

Estimated cumulative results (2008-2012)

  • $17.7Min avoided energy costs
  • 85,000metric tons of GHG emissions avoided
  • $3.7Min avoided water use costs
  • 19Mm3 of avoided water consumption

Oriental Brewery is a leading brewery in South Korea with a strong portfolio of brands including Cass, OB Golden Lager, and Cafri.

Key Environmental Performance Areas:

Greenhouse Gas Emissions (Facilities)

Results

In 2012, as part of the Green Portfolio Program, Oriental Brewery continued measuring energy consumption in its production facilities against a 2007 baseline. In absolute terms, GHG emissions from these sources have increased approximately 29% compared to 2007. Over the same time period, efficiency has improved by an estimated 18% (GHGs/hectoliter of beer). The improvement in efficiency helped Oriental Brewery to avoid an estimated ₩21.0 billion, or approximately $17.7 million, in costs and almost 85,000 metric tons of GHG emissions since 2007.

Oriental Brewery: Production Facility GHG Efficiency (2007 Baseline)

Notes:
  1. See methodology section for description of avoided and efficiency calculations.
  2. The total % change is aggregate change between the baseline year and the most recent year of data. All other % changes are expressed as year-over-year.
Estimated Results20082009201020112012Total

Avoided GHGs (metric tons)

11,000

12,000

17,000

20,000

25,000

85,000

Avoided Costs

$2,200,000

$2,100,000

$3,400,000

$4,200,000

$5,800,000

$17,700,000

Change in productivity - GHGs/hl product (%)

-11%

-1%

-4%

0%

-2%

-18%

Change in absolute GHGs (%)

-5%

1%

5%

16%

9%

29%

Actions

In 2012, Oriental Brewery achieved these results by implementing the following practices:

  • Modified boiler economizer system in one plant.
  • Continued focus on low-cost opportunities to improve efficiency.

Future Plans

Through 2013 and for 2014, Oriental Brewery is actively implementing or considering additional improvements, such as:

  • Cutting electricity significantly due to the implementation of summer electricity regulations in Korea in 2013.

Water Consumption (Facilities)

Results

In 2012, as part of the Green Portfolio Program, Oriental Brewery continued measuring water consumption in its production facilities against a 2007 baseline. In absolute terms, water consumption in production facilities has increased approximately 42% compared to 2007 due to an increase in production. Over the same time period, efficiency has improved by an estimated 10% (m3/hectoliter of beer). The improvement in efficiency helped Oriental Brewery to avoid almost ₩4.4 billion, or approximately $3.7 million, in costs and more than 19 million m3 of water consumption since 2007.

Oriental Brewery: Production Facility Water Efficiency (2007 Baseline)

Notes:
  1. See methodology section for description of avoided and efficiency calculations.
  2. The total % change is aggregate change between the baseline year and the most recent year of data. All other % changes are expressed as year-over-year.
Estimated Results20082009201020112012Total

Avoided water consumption (m3)

2,000,000

3,100,000

3,700,000

4,300,000

6,000,000

19,100,000

Avoided Costs

$352,000

$521,000

$682,000

$885,000

$1,230,000

$3,670,000

Change in productivity – m3/hl product (%)

-5%

-3%

-1%

0%

-2%

-10%

Change in absolute water consumption (%)

2%

0%

9%

16%

10%

42%

Actions

In 2012, Oriental Brewery achieved these results by implementing the following practices:

  • Optimized the fermenting process and the clean-in-place process.

Future Plans

Through 2013 and for 2014, Oriental Brewery will continue to review processes for additional opportunities to save water.

Oriental Brewery enrolled in the Green Portfolio Program in 2010 and is reporting results for the third time.

Note: Reported numbers are rounded and may not produce the same results when used to analyze percent changes or total impact.

Responsible Investment

For more information on KKR’s responsible investment efforts, go to www.kkresg.com.

Program Updates

Oct 17, 2013

KKR’s Green Portfolio Program announces its fifth year of results

GPP’s fifth year of results equal an estimated $917 million in financial impact and more than 1.8 million metric tons of GHGs avoided since 2008.[More]
Jul 15, 2013

KKR published its third annual ESG and Citizenship Report

KKR published its third annual ESG and Citizenship Report. http://www.kkresg.com/[More]
Dec 17, 2012

8 portfolio companies joined the GPP

In 2012, 8 portfolio companies joined the GPP, bringing total participation to 24.[More]