Firm Shares Progress Towards Bold 2030 Objectives
WEBWIRE – Friday, August 5, 2022
Pilgrims [NASDAQ: PPC], a number one world meals firm, introduced the discharge of its 2021 Sustainability Report, which incorporates progress updates towards the groups 2030 targets that had been introduced final yr. The report particulars the corporates developments in vital areas workforce members, surroundings, communities, animal care, prospects and shoppers, and suppliers throughout its operations in america, the UK, Continental Europe and Mexico.
Group Members:
-Expanded our Higher Futures program all through the US, which gives tuition-free group faculty to our workforce members and their dependents with greater than 370 contributors signed up and two graduates thus far
-Achieved a 39% enchancment within the World Security Index since 2019, surpassing our 30% purpose
Surroundings:
-Lowered scope 1 and a pair of greenhouse fuel emission depth by 10% from our 2019 baseline
-Invested greater than $18.7 million in 64+ greenhouse fuel emission discount initiatives in Pilgrims amenities
Animal Care:
-Launched our world Animal Welfare Scorecard, created by Pilgrims animal welfare groups utilizing a mixture of indicators chosen for his or her significance to the well being and welfare of our animals
Communities:
-Accomplished over 100 infrastructure and social providers initiatives throughout the US by means of our $15 million Pilgrims Hometown Sturdy initiative
Suppliers:
-Partnered with greater than 6,000 livestock and poultry producer companions, offering funds of greater than $2.2 billion
We’re investing in sustainability and ESG initiatives all through our group like by no means earlier than, and I’m assured we’ll proceed pushing ourselves and the business ahead in a significant approach, Sandri mentioned. Our imaginative and prescient to be the perfect and most revered firm in our business, creating the chance of a greater future for our workforce members will proceed guiding us as we transfer ahead on this journey.
To study extra, go to the 2021 Pilgrims Sustainability Report on-line at sustainability.pilgrims.com.
As Pilgrims continues to strengthen its method towards sustainability and ESG, the corporate accomplished its first sustainability-linked bond audit, leading to optimistic progress towards the dedication to attain a 30 % discount in scope 1 and scope 2 greenhouse fuel emission depth by 2030. The newly-created Pilgrims Satisfaction ESG Committee of the Pilgrims Board of Administrators was additionally developed, which has been tasked with overseeing areas similar to local weather change, human rights, variety and inclusion, and worker well being, security and well-being to make sure excellence, humanity and company duty are absolutely built-in in each stage of the group.
At Pilgrims, we acknowledge our position as a worldwide meals firm and a big employer within the areas the place we function, mentioned Fabio Sandri, CEO, Pilgrims. We’re working to leverage our scale and affect to assist meals and agriculture be a part of the answer to lots of the sustainability challenges we face all over the world.
Key achievements detailed within the 2021 report embody:
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