Vintage Wine Estates’ California Estate Wineries And Vineyards All Certified Sustainable by California Sustainable Winegrowing Alliance
01 Novembre 2022 - 2:12PM
Vintage Wine Estates (Nasdaq: VWE and VWEWW) is proud to announce
that all of its California estate wineries and vineyards have been
certified sustainable through the California Sustainable
Winegrowing Alliance (CSWA). These certifications are a direct
reflection of Vintage Wine Estates ongoing commitment to
environmental stewardship through sustainable practices including
water and energy efficiency, waste management, supply chain
oversight, healthy soils and low risk, cultural pest management.
“Certifying our wineries and vineyards
was one of our major goals for 2022 and in line with our
sustainability strategy which focuses on people, climate, water,
packing and waste,” shares the President of Vintage Wine Estates,
Terry Wheatley. “This certification promises continuous
improvements in both vineyard and winery. Our sustainability and
production teams and our vineyard management partner invested
significant time and energy to achieve the certifications across
our California properties and we expect that investment to
demonstrate value for all of our stakeholders over the long
term.”
Founded nearly two decades ago to
promote sustainable winegrowing practices, the CSWA boasts the
largest wine certification program in the United States. Recipients
of the CCSW (Certified California Sustainable Wine) certifications
must satisfy certain requirements spanning energy efficiency,
water efficiency, sustainable business strategy, waste management,
the health and wellbeing of workers and sustainable pest
management. Independent third-party audits are key in ensuring
accountability to buyers, consumers and the wider wine
industry.
Clos Pegase and Girard received both
Winery and Vineyards certification while the Laetitia vineyards,
already SIP certified (Sustainability in Practice), earned an
additional winery certification. Kunde was one of the first
wineries certified through the Alliance’s program in 2010, and all
Sonoma vineyards are similarly CCSW certified. The CCSW
certifications also encompass estate brands Viansa, BR Cohn,
Delectus and Cosentino.
About Vintage Wine Estates:
Vintage Wine Estates (Nasdaq: VWE and VWEWW) is a family of
wineries and wines whose singular focus is producing the finest
quality wines and incredible customer experiences with wineries
throughout Napa, Sonoma, California’s Central Coast, Oregon, and
Washington State. Since its founding 20 years ago, the Company has
grown to be the 14th largest wine producer in the U.S., selling
more than two million nine-liter equivalent cases annually. To
consistently drive growth, the Company curates, creates, stewards,
and markets its many brands and services to customers and end
consumers via a balanced omni-channel strategy encompassing
direct-to-consumer, wholesale and exclusive brand arrangements with
national retailers. While VWE is diverse across price points and
varietals with over 60 brands ranging from $10 to $150 USD at
retail, its primary focus is on the fastest growing luxury segment
of the wine industry with the majority of brands selling at over
$15 per bottle. The Company regularly posts updates and additional
information at https://www.vintagewineestates.com/.
Forward-Looking StatementsCertain statements
contained in this press release are “forward-looking statements”
within the meaning of applicable U.S. and Canadian securities laws.
Forward-looking statements are all statements other than those of
historical fact, and generally may be identified by the use of
words such as “expect,” “ongoing,” “promises” “could,” or other
similar expressions that indicate future events or trends. These
forward-looking statements include, but are not limited to, the
ability of the Company to execute its strategy to drive growth,
strengthen profitability and deliver value. These forward-looking
statements are subject to a number of risks and uncertainties, many
of which are beyond the control of VWE. Actual events and
circumstances may differ materially from those expressed or implied
by such forward-looking statements. Risks that could cause actual
results to differ materially from the results expressed or implied
by such forward-looking statements include our ability to obtain
and maintain CCSW certifications at our wineries and vineyards and
those discussed in the Company’s Annual Report on Form 10-K for the
year ended June 30, 2022 and other reports filed from time to time
with the SEC. We caution and advise readers not to place undue
reliance on forward-looking statements, which speak only as of the
date hereof. The Company undertakes no obligation to publicly
update or revise any forward-looking statements after the date they
are made, whether as a result of new information, future events or
otherwise, except as may be required by law.
Contacts:
InvestorsDeborah
K. Pawlowski, Kei Advisors LLCdpawlowski@keiadvisors.comPhone:
716.843.3908 |
MediaMary Ann
VangrinMVangrin@vintagewineestates.com |
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