Tyson Foods Initiates Coalition to Advance the Future of Sustainable Protein
January 21 2020 - 6:55AM
Tyson Foods, Inc. (NYSE: TSN) today announced the creation of the
Coalition for Global Protein, a multi-stakeholder initiative to
advance the future of sustainable protein.
To mark the launch of the Coalition, Tyson Foods is convening
leaders from the global protein industry, which includes all forms
of protein, as well as academia, non-governmental organizations and
financial institutions this week at Davos, Switzerland, alongside
the 50th World Economic Forum Annual Meeting. The goal is to unite
stakeholders across the food and agriculture sector to identify and
implement new and creative solutions to sustainably feed the
world’s growing population. The conversation will be moderated by
Dr. Lawrence Haddad, executive director of Global Alliance for
Improved Nutrition.
“Efforts to make the production of high-protein foods more
sustainable must continue,” said Dr. Haddad. “These foods, many
from animal sources, are vital for the healthy growth of young
children, especially those who already have poor quality
diets. So, it is vital that their production can be undertaken
in a way that respects planetary environmental boundaries. This
Coalition promises to be a valuable addition to our collective
efforts to square this circle.”
“As one of the world’s largest food companies, we want to help
ensure the responsible production of affordable, nutritious food
for generations to come,” said Noel White, chief executive officer
of Tyson Foods. “We’re introducing this Coalition because we know
that we cannot achieve this alone. Collective commitment and
immediate action are needed to deliver the greatest impact on the
future of sustainable food production.”
Sustainability throughout the food ecosystem is fundamental to
Tyson Foods’ core values, which call on the company to “strive to
serve as stewards of the resources entrusted to us.” The company
has previously committed to improved land stewardship practices on
two million acres of corn, partnered with the World Resources
Institute to set Science-Based greenhouse gas reduction targets,
committed to reduce water use intensity 12% by 2020, and is working
with PROFOREST to identify deforestation risks across the company’s
global supply chain.
“We’re focused on uniting the world’s most influential,
food-focused stakeholders around a shared purpose to build a future
of protein that is sustainable and equitable across global
communities – at every link in the supply chain,” said John R.
Tyson, chief sustainability officer of Tyson Foods. “Igniting
transformative change in our food system requires industry-wide
collaboration and a willingness to go beyond our individual
businesses through strong commitments and actions.”
The expected objectives of the Coalition will be to increase
understanding around the challenges of feeding a growing population
with more varied and sustainable protein options; identify new and
creative solutions; and activate those solutions through pilot
programs. Potential focus areas the Coalition could address include
reducing food loss and waste, increasing access to protein and
safeguarding ecosystems.
As part of the initial work of the Coalition, stakeholders will
work together to align on the focus areas. The Coalition will
publicly report on commitments and progress in 2020.
About Tyson Foods Tyson Foods, Inc. (NYSE: TSN)
is one of the world’s largest food companies and a recognized
leader in protein. Founded in 1935 by John W. Tyson and grown under
three generations of family leadership, the company has a broad
portfolio of products and brands like Tyson®, Jimmy Dean®,
Hillshire Farm®, Ball Park®, Wright®, Aidells®,
ibp®, and State Fair®. Tyson Foods innovates continually
to make protein more sustainable, tailor food for everywhere it’s
available and raise the world’s expectations for how much good food
can do. Headquartered in Springdale, Arkansas, the company has
141,000 team members. Through its Core Values, Tyson Foods strives
to operate with integrity, create value for its shareholders,
customers, communities and team members and serve as a steward of
the animals, land and environment entrusted to it. Visit
www.tysonfoods.com
Contact:Caroline Ahn, 312-614-6047, caroline.ahn@tyson.com
Category: IR, Newsroom
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