INTEGRATED REPORT 2023
FINANCIAL RESULTS 2023
S/13.6MM net sales
S/1.1MM EBITDA.
OUR SUSTAINABILITY STRATEGY
Our strategy has four pillars. Each of them includes several programs and initiatives:
WELLBEING We promote a life of wellbeing and inclusion for our people and consumers.
COMMUNITY DEVELOPMENT We articulate ecosystems and develop productive and business capabilities of suppliers and customers.
CARING FOR THE ENVIRONMENT We promote environmental care to positively impact our planet.
STRUCTURAL FACTORS We integrate sustainability across the company, monitoring impacts and progress, designing continuous improvement plans and ensuring transparency.
We were listed in the Lima Stock
Exchange ESG Index*
for the second consecutive year.
We promote a life of wellbeing and inclusion for our people and consumers.
Our People’s Development
- 61% of positions are filled by internal candidates.
- 6,134 employees from 16 different countries.
- 48,941 hours of training.
Organizational health
We belong to the upper quartile of organizations with the best organizational health in the world, according to McKinsey’s Organizational Health Index.
Ethics and Compliance
We have an ethics and compliance system certified with ISO 37001 anti-bribery management system.
Initiative led by Alicorp and Juguete Pendiente that aims to strengthen the management of community kitchens, through the delivery of food, improvement of equipment, training and strategic alliances.
In 2023, we will also implement the entrepreneurship phase, supporting them with training and seed capital to develop their business ideas and generate income that will allow the self-sustainability of their community kitchens.
- +3.1 million meal rations delivered.
- +32,000 beneficiaries.
- 995 kitchen leaders trained.
- 256 community kitchens better equipped.
- 37 community kitchens projects implemented.
Our allies: JUGUETE PENDIENTE, UPC, CARGILL, MIBANCO, RECORD, PRIMAX GAS, AUNA and ASOCIACIÓN UNACEM.
Articulate ecosystems and develop the productive and entrepreneurial capacity of suppliers and customers.
Sustainable Palm Program
Technical assistance program for palm farmers and mills in Peru to improve their productivity and sustainability standards.
- We evaluate all our palm suppliers according to ESG criteria.
- 9 organizations in the program developed their sustainability policies.
Our allies: Solidaridad, Nes Naturaleza and Earthworm.
Sustainable Soy Program
Technical assistance program for soy producers in Bolivia, which seeks to improve their productivity and sustainability standards.
- We achieved traceability of 18.5% of the volume of soy harvested, from the field to the mill.
Our allies: Solidaridad and Ciampagna.
Suppliers' Sustainable Management Program
This program seeks to improve the efficiency and continuity of operations, developing the environmental, social, governance, and ethics skills.
- We effectively integrated ESG criteria into the supplier standardization process.
- We were able to evaluate 70% of our critical and strategic suppliers under these criteria.
Our marketplace offers more than 18,500 Peruvian bakeries, restaurants and laundries the possibility of buying hundreds of products online and receiving them in less than 48 hours, as well as training in business management and accessing digital tools and bank loans at preferential rates.
INSUMA users:
- Reduced the time spent on business purchases by 25%.
- 75% of our customers reported higher sales.
- 87% said their procurement management had improved.
Our allies: Yape and Centrum PUCP.
Promote care for the environment to positively impact our planet.
Climate Action Strategy
- We conducted our first physical weather risk evaluation at 17 sites of major operational importance.
- We achieved a reduction equivalent to 9% of our Scope 1 and 2 emissions in Peru with respect to the previous year.
- We were able to reduce our water footprint by 41.3% compared to the previous year.
Circular Economy
-
Club del EcoAhorro (“Eco-savings Club”):
Initiative that promotes the recycling of vegetable oil from the gastronomic sector in Peru and Bolivia, to reincorporate used oil into new production cycles. -
Product life cycle analysis:
Together with the Pontificia Universidad Católica del Perú (PUCP), we developed studies to determine the environmental impacts along the value chain of our margarines and plastic oil containers.
Climate action report 2022 – 2023
In 2023, we defined our Climate Action Strategy. We included a roadmap aligned with the Task Force on Climate-Related Financial Disclosures (TCFD).
DownloadWe integrate sustainability across the company
Organizational Alignment and Incentives
- We define corporate sustainability objectives that influence the objectives of the company’s different vice presidents and departments.
- We integrate sustainability transversally into key decision-making processes.
Organizational Structure and Governance Model
- Definition of areas responsible for the preparation, review, approval, and monitoring of the sustainability strategy and its initiatives, which are submitted to the Board of Directors, Alicorp's highest governance body.
ESG Impact, Monitoring, and Reporting
- We have integrated our ESG Materiality with the S&P/ DJSI Corporate Sustainability Assessment framework and we have a system to evaluate the maturity of the company’s cross-cutting sustainability management.
- We have a set of transparency and disclosure mechanisms in place, including our integrated reporting.
Stakeholder Engagement
- We promote alliances in favor of sustainable development and proactively manage the participation of our stakeholders. We also have a grievance mechanism available to all our stakeholders at www.lineaeticaalicorp.com
BUSINESS PERFORMANCE
We accompany millions of households through our portfolio of food, household cleaning, and personal care products.
We launch two new Amarás collections:
Magia andina (Andean Magic), focused on intensive hair repair, and Amor de Verano (Summer Love), focused on hydration and protection against UV rays during the summer.
We present a new powder detergent:
Bolivar Micellar Protection, with a technology that provides a deep clean while caring for clothes, thanks to the action of micelles.
New releases Amarás and Bolívar
We provide supplies for the sectors of gastronomy, bakery, cleaning and industrial customers. Our focus is on training and support.
We produce refined flours and oils from sunflower and soy seeds, promoting improved productivity and sustainability for Bolivian farmers.
We develop the best cost-efficient and sustainable integrated solutions for the needs of Latin American fish and shrimp farmers.
AWARDS AND RECOGNITIONS
Perú
We are among the 15 companies included in the Lima Stock Exchange S&P/BVL Perú General ESG Index for the second consecutive year.
This index recognizes companies with the best environmental, social, and corporate governance practices in the local market.
*Portfolio in force 2023-2024.
Perú
- MERCO ESG: No. 1 in the Food and Beverage sector ranking
- MERCO TALENT: No. 1 in the Food Sector and No. 6 in the overall ranking.
- MERCO COMPANIES AND LEADERS: No. 1 in the Food and Beverage sector ranking and No. 3 in the overall companies ranking. No. 7 in the overall leaders ranking - Alfredo Pérez Gubbins, Alicorp CEO (until December 2023).
Bolivia
- MERCO COMPANIES AND LEADERS: No. 31 in the overall companies ranking, one position higher than in 2022 and No. 5 in the Food and Beverage sector ranking.
Peru
Four of our brands stood out at the EFFIE awards ceremony:
- Sapolio, with the “El Reto Sapolio” campaign – Silver.
- Amarás, with the “¡Única como tu pelo y tu Perú!” campaign – Silver (2) and Bronze.
- Blanca Flor, with the “No me gusta Blanca Flor” campaign – Bronze (2).
- Nicolini, with the “A la conquista de Platos Bandera” campaign – Bronze.
Peru
COMPANIES THAT TRANSFORM
Recognition for our digital platform Insuma, which serves the needs of the HORECA channel (hotels, restaurants and cafeterias) and contributes to its digitalization.
MOST ADMIRED COMPANIES
For 12 consecutive years, we have ranked among the Top 10 most admired companies in Peru’s corporate community.
Bolivia
PAUL HARRIS AWARD
Recognition for business excellence and ESG actions.
RECOGNITION OF RESILIENCE
For the fourth consecutive year, we received this recognition in the Environment, Technology and Innovation, and Solidarity categories, given out by the European Union, the National Chamber of Industry (CNI), and two media outlets specializing in CSR: InfoRSE and Gente Motivando Gente.
Peru
MOST PROFITIBLE CEOs
Alfredo Perez Gubbins, CEO of Alicorp until December 2023, stood out in the Top 10 business leaders with a greatest online presence.
TOP CEO DIGITAL
Alfredo Pérez Gubbins, Alicorp’s CEO up until december 2023, ranked among the Top 10 most profitable CEOs, evaluated according to financial, sustainability, and management criteria by the magazine Semana Económica.
S&P BVL PERU GENERAL ESG INDEX
Perú
We are among the 15 companies included in the Lima Stock Exchange S&P/BVL Perú General ESG Index for the second consecutive year.
This index recognizes companies with the best environmental, social, and corporate governance practices in the local market.
*Portfolio in force 2023-2024.
MERCO RANKING 2023
Perú
- MERCO ESG: No. 1 in the Food and Beverage sector ranking
- MERCO TALENT: No. 1 in the Food Sector and No. 6 in the overall ranking.
- MERCO COMPANIES AND LEADERS: No. 1 in the Food and Beverage sector ranking and No. 3 in the overall companies ranking. No. 7 in the overall leaders ranking - Alfredo Pérez Gubbins, Alicorp CEO (until December 2023).
Bolivia
- MERCO COMPANIES AND LEADERS: No. 31 in the overall companies ranking, one position higher than in 2022 and No. 5 in the Food and Beverage sector ranking.
EFFIE AWARDS 2023
Peru
Four of our brands stood out at the EFFIE awards ceremony:
- Sapolio, with the “El Reto Sapolio” campaign – Silver.
- Amarás, with the “¡Única como tu pelo y tu Perú!” campaign – Silver (2) and Bronze.
- Blanca Flor, with the “No me gusta Blanca Flor” campaign – Bronze (2).
- Nicolini, with the “A la conquista de Platos Bandera” campaign – Bronze.
COMPANIES THAT TRANSFORM
PwC and G de GESTIÓN MOST ADMIRED COMPANIES
Peru
COMPANIES THAT TRANSFORM
Recognition for our digital platform Insuma, which serves the needs of the HORECA channel (hotels, restaurants and cafeterias) and contributes to its digitalization.
MOST ADMIRED COMPANIES
For 12 consecutive years, we have ranked among the Top 10 most admired companies in Peru’s corporate community.
PAUL HARRIS AWARD
RECOGNITION OF RESILIENCE
Bolivia
PAUL HARRIS AWARD
Recognition for business excellence and ESG actions.
RECOGNITION OF RESILIENCE
For the fourth consecutive year, we received this recognition in the Environment, Technology and Innovation, and Solidarity categories, given out by the European Union, the National Chamber of Industry (CNI), and two media outlets specializing in CSR: InfoRSE and Gente Motivando Gente.
MOST PROFITIBLE CEOs
TOP CEO DIGITAL PERÚ
Peru
MOST PROFITIBLE CEOs
Alfredo Perez Gubbins, CEO of Alicorp until December 2023, stood out in the Top 10 business leaders with a greatest online presence.
TOP CEO DIGITAL
Alfredo Pérez Gubbins, Alicorp’s CEO up until december 2023, ranked among the Top 10 most profitable CEOs, evaluated according to financial, sustainability, and management criteria by the magazine Semana Económica.
