Ecosystem conversion and restoration
Aeon does not disclose a commitment to minimise ecosystem conversion or to ensure zero conversion. The company also does not disclose activities to minimise ecosystem conversion. While the company discloses some evidence of addressing conversion, this does not guarantee DCF-aligned practices. Finally, while the company has a target to achieve conversion-free supply chains, certification models are not specified so there is no guarantee that it is DCF-aligned.
Furthermore, Aeon is not committed to restoring ecosystems and it does not disclose details and outcomes of ecosystem restoration projects in areas affected by its own operations or by its suppliers.
GHG emissions
Aeon should set time-bound targets to reduce its scope 1, 2 and 3 greenhouse gas emissions as well as report progress against them. The company discloses that in FY 2021 there is a 14% reduction in its CO2 emissions compared with FY2010 levels. However, its quantitative reductions for its scope 1 and 2 emissions is unclear. Crucially, the company needs to reduce its scope 1,2 and 3 emissions and its targets need to align with a 1.5-degree trajectory.
Impact and dependencies assessment
Aeon has an opportunity to disclose assessments of its impacts on nature, including biodiversity, within its own operations and in its supply chain. It also has the opportunity to disclose its dependencies on nature within its own operations and upstream business relationships.
Invasive species
Aeon has not identified any activities that could lead to the introduction of invasive alien species in its own operations.
Key areas and species
Aeon has an opportunity to disclose locations within or adjacent to areas important for biodiversity, both in its own operations and its supplier locations. While the company discloses that it did nature surveys in some areas to identify species and discloses the examples of the species, it has an opportunity to disclose all species existing in or adjacent to both its own and its suppliers’ locations, as well as the conservation status of species identified at its own sites according to national and international lists.
Resource exploitation and circularity performance
Aeon has an opportunity to disclose its inputs according to an international standard, and to report quantitatively on its group-wide circularity performance. The company also has an opportunity to disclose a target to improve soil health in its production or sourcing practices and to report progress against it.
Solid and air pollution
Aeon should commit to avoid developing or marketing new chemicals or products with SVHC (substance of very high concern) properties, as well as work on reducing the production of hazardous substances and waste. It has an opportunity to report on the amount of plastic waste generated and proportions directed from or to disposal. The company could also report on air quality parameters of emissions of harmful air pollutants and disclose time-bound targets to reduce air pollutants across the most material parts of its value chain.
Water
Aeon does not disclose relevant information related to water, in its operations or supply chains.