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Chile’s VSPT Wine Group Announces Promotion in the International Wineries for Climate Action

VSPT has been promoted to the category of Gold in the IWCA

VSPT Wine Group is pleased to announce that the company has been promoted to the prestigious Gold Member status of the International Wineries for Climate Action (IWCA), making them one of five members worldwide to reach this notable level.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230323005131/en/

Solar panels power VSPT Wine Group's San Pedro Cachapoal cellars. (Photo: Business Wire)

Solar panels power VSPT Wine Group's San Pedro Cachapoal cellars. (Photo: Business Wire)

Chilean-based VSPT Wine Group is a top 20 global producer and leader in premium and sparkling wine sales in Chile. The company is also a top 5 producer in the Argentine domestic market. In the U.S., where VSPT has been focused on establishing a more robust presence, it is known for its diverse portfolio of brands that span from value to luxury and include GatoNegro, Graffigna, B-Liv, Viña Leyda, 1865, the icon wine Cabo de Hornos from the Viña San Pedro fine wine collection, and the newly launched Ö-61.

Commenting on the recognition, Andrés Tauber, President of VSPT US, who led the opening of the company's Miami office last year says, “VSPT is clearly dedicated to improving our sustainability credentials, which is a crucial concern for our clients in America and around the world. Our recent elevation to Gold Membership in the IWCA is a testament to our action-oriented approach, working to produce exceptional wines while preserving our planet for future generations."

The IWCA is a collaborative working group that brings together wineries from around the world that are committed to the environment and have adopted a science-based approach to reduce carbon emissions across the wine industry. VSPT Wine Group was among the first wineries to join IWCA when the group was established in 2019.

VSPT has achieved gold status due to its ongoing, rigorous climate action standards. Currently, VSPT can power at least 20% of its needs for winemaking operations using onsite renewable energy. Additionally, the company has achieved a sustained reduction in its greenhouse gas emissions in line with the commitments established with the IWCA. This comes after having already reduced its CO2 emissions by 6.8% between 2019 and 2021. As an IWCA Member, VSPT is committed to becoming Net Zero by 2050 across IWCA’s Scopes 1, 2, and 3 and meeting intermediate targets by 2030 in alignment with the United Nations’ Race to Zero campaign, of which IWCA is a Partner.

Speaking about this milestone, Carolina Gotuzzo, VSPT Corporate Affairs and Sustainability Director, said, “We are honored by this recognition of our efforts. We are a large group with complex processes and operations in the most renowned valleys in Chile and Argentina. Being an IWCA Gold Member certainly encourages us to continue progress on this great challenge, which involves commitment from all those who are part of VSPT and the value chain.”

Since becoming a silver-level member of the organization, VSPT also developed a model specializing in renewable energy, eco-design throughout the portfolio, agricultural management strategies, and a waste management plan at all production sites to fulfill this goal.

“The recognition lends a sense of urgency to our continued efforts to improve and innovate regarding our decarbonization strategy by setting increasingly ambitious, challenging goals from the vineyard to the bottle,” concluded Gotuzzo.

ABOUT VSPT WINE GROUP

A top 20 global producer, VSPT is the leader in premium wine and sparkling wine sales in Chile and a top 5 producer in the Argentinian domestic market. The group’s business model is based on strategic partnerships and joint visions, one that promotes mutually beneficial human relationships with clients and suppliers that are long-term and comprehensive. VSPT believes its main asset is its exceptional team, who are passionate about wine. A pioneer in sustainability, VSPT made sustainability a strategic objective and corporate value for the group. The company is also a leader in renewable energy generation, focused on responsible design and eco-packaging, passionate about nature and the planet, committed to being carbon neutral across three scopes by 2050 through their membership in IWCA, and a guardian and promoter of biodiversity and conscious alcohol consumption. For more information, visit https://vsptwinegroup.com/en/ and follow on Instagram, LinkedIn, and Twitter.

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