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Compañía Cervecera Receives European Business World Award for its Commitment to the Environment and Sustainability (Translation)

10 March 2011

 

In the context of the fourteenth edition of distinctions awarded to organizations and institutions of the autonomous communities

- The prize seeks to recognize the efforts developed by institutions and businesses within different autonomous communities of the country.

- In addition to the Compañía Cervecera prize, in the case of the Canary Islands, the Technology and Renewable Resources Institute also received an award.

Santa Cruz de Tenerife, March 9, 2011.- Compañía Cervecera de Canarias (the Canary Island Beer Company) has been one of the businesses to be awarded a prize in the Fourteenth Edition of European Business World Awards "for its commitment to the environment and sustainability."

Regarding this, the event organizer indicated that Compañía Cervecera, "In 2010, reached its goal of sustainable development with an investment in this instalment equivalent to 15 percent of its exploitation benefit, with a global sum of 2.8 million euros." Likewise, the goal reached by the company stands out for "boosting local business development in the area."

Compañía Cervecera's commitment to sustainable development is reflected by achievements like a five percent reduction in water consumption during the past year, a 5.53 percent reduction in total fuel use, as well as the contribution of renewable energy via a biogas plant and the implementation of various projects designed to diminish energy use.

Along with this, there is a bottle policy centred on the most respectable containers for the environment, such as returnable ones, with an index of 61 percent as compared to 50 percent for the rest of the beer industry in the country.

The European Business World Awards were created fourteen years ago for the purpose of recognizing the important efforts of organizations and businesses of each and every of the autonomous communities. The selection of the prize-winners is made by the selfsame publication as well as a group of external consultants.

Aside from the Compañía Cervecera de Canarias, the Institute of Technology and Renewable Energy (ITER in Spanish) is the other Canary Island organization which has been distinguished with the European Business World Award, considered within the investigation of renewable energy. Similarly, it stands out for its efforts in boosting telecommunication infrastructure, creating a solar airplane prototype, as well as building twenty-five bioclimatic living structures.

Other prize-winners in the Fourteenth Edition of the European Business World Awards were the Health Department of Madrid, IFEMA, the Galician Institute of Economic Promotion, the Port Authority of Vigo, Globalcaja or Trans-mediterranean Action. All of these distinctions were awarded by María Luz Rodríguez Fernández, secretary of employment.

In previous awards ceremonies, Canary Island businesses receiving prizes included the Business People's Provincial Confederation of Santa Cruz de Tenerife (CEOE-Tenerife), Trasmediterránea, ASPROCAN, Proexca, CajaCanarias, the business chambers of both provinces, the townships of both capitals, as well as the Political Territory and Environmental Department and the Agricultural, Fishing and Food Department of the autonomous government.

About the Canary Island Compañía Cervecera
Compañía Cervecera is one of the most important beer producers on a national level and one of the main generators of economic and social development on the Canary Islands. It launched the creation of almost 900 direct employment positions and 7,000 indirect or third-party jobs. It participates as a shareholder in various Canary Island industries, and it gives priority to local providers to carry forth its production activities. The company, which forms part of the international group SABMiller, has over 300 Canary Island businesspeople among its shareholders, making up approximately thirty percent. Two of its members are on the Administration Board.

Compañía Cervecera produces its own brands, Dorada and Tropical, and, under a license from Carlsberg, it distributes international brands such as Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft, Guinness and Kilkenny. Moreover, it has other drinks, like natural ones called Appletiser y Peartiser, the energetic Red Bull and premium juices known as Granini.

This SABMiller subsidiary news release has been translated from its local market language to English language for publication on www.sabmiller.com. We have attempted to provide an accurate translation of the original material but due to the difficulties of translation slight differences may exist.

Note, the news release was first published in its local market on [09/03/2011].

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