Napa, Calif., September 10, 2024 –Treasury Wine Estates (ASX: TWE), one of the world’s leading wine companies, has been recognized as a finalist on Fast Company’s Best Workplaces for Innovators list in the sustainability category based on initiatives from its Americas division.
The award honors organizations and businesses that demonstrate an inspiring commitment to encourage and develop innovation at all levels, including those that excel in specific areas like sustainability.
“At Treasury Wine Estates, our people are the heartbeat of our company, and we are proud to create a culture where team members feel they can be courageous with their ideas. Our commitment to the environment requires dynamic thinking, and we are thrilled to be recognized by Fast Company for these efforts,” said Ben Dollard, President of Treasury Americas, a division of TWE.
“Diverse perspectives have made us into the successful, innovative company we are today, and we’ll continue to foster an inclusive environment where new ways of thinking and sustainability can thrive.”
TWE’s accomplishments that led to this recognition are highlighted below:
- Establishing a “Shark Tank” style program where teams of cross-functional employees propose solutions to key sustainability challenges facing the company and bring their ideas to fruition through a pitching process to the Leadership Team executives
- Funding a TWE employee’s idea to create a fluidized bed reactor from a prototype, increasing energy efficiency and energy savings while preserving wine without the need for any additives and increasing yields
- Partnering with local universities such as UC Davis to sponsor PhD and Master’s students, creating a funnel for sourcing talent and innovation from one of the world’s leading wine programs
- Creating the TWEforMe Community, representing eight Employee Resource Groups (ERGs) to drive connection between employees and leadership and establish a greater sense of belonging
“We encourage our employees to show up and bring their whole selves to work each and every day, as part of our TWE DNA,” said Elise Spangenberg, Senior Vice President of People & Culture at Treasury Americas. “By empowering our team members to contribute their unique talents and ideas, TWE continues to raise the bar and lead the industry in sustainability.”
Additional details on this notable achievement can be found here.
Treasury Wine Estates (TWE) is one of the world’s largest wine companies, and is listed on the Australian Securities Exchange.
TWE’s global, multi-regional sourcing model includes world class vineyard and production assets in internationally acclaimed winemaking regions including Barossa Valley and Coonawarra in Australia, Napa Valley and Paso Robles in the United States, Marlborough in New Zealand, Bordeaux in France, and Tuscany in Italy. The company has a strong focus on sustainability and building a brighter future for everyone who touches the business.
TWE’s global portfolio is available in more than 70 countries and includes luxury and premium brands such as Penfolds, DAOU Vineyards, 19 Crimes, Pepperjack, Squealing Pig, Wynns, Matua, Beaulieu Vineyard, and Frank Family Vineyards.
The company employs a global team of approximately 2,600 people, with its culture best expressed by the ‘TWE DNA’ – enabling team members to be courageous, celebrate unique differences, and deliver together.
About Treasury Americas
With its U.S. headquarters in Napa, California, Treasury Americas is one of the largest Napa Valley growers, producing luxury grapes in 10 Napa American Viticultural Areas (AVAs) and supplying the strongest luxury portfolio of iconic American brands, such as Beaulieu Vineyard, Beringer Vineyards, DAOU Vineyards, Etude Winery, Frank Family Vineyards, Stags’ Leap Winery, and Sterling Vineyards, that have been awarded more than 2,000 90+ scores from respected wine critics globally. With beloved wineries in California’s most celebrated wine regions, Treasury Americas takes a comprehensive approach to sustainability. Recognized as the California Green Medal Leader, the Sustainable Business of the Year by the Napa Chamber of Commerce, #1 Healthiest Employer in the Bay Area and a top Healthiest Employer nationally, Treasury Americas’ commitment to supporting a prosperous future for winegrowing is clear.
