Kraft Heinz Renews Global Commitments in 2020 Environmental Social Governance Report
September 16 2020 - 8:00AM
Business Wire
Report announces company’s deepened global
commitments to responsible ingredient sourcing, renewable energy,
and renewed packaging standards
In support of its commitment to sustainable practices, The Kraft
Heinz Company (Nasdaq: KHC) has released its second-ever
Environmental Social Governance (ESG) Report. It reveals that
through integrated initiatives, Kraft Heinz is taking a
cross-functional approach centered around continuous improvement
across the organization, from responsible ingredient sourcing to
expanded nutrition guidelines. ESG is integrated into every part of
the business, guided by the company’s redefined Values and
fulfilling its Vision "To sustainably grow by delighting more
consumers globally.”
“At Kraft Heinz, we’re constantly re-evaluating our practices to
ensure we’re being a responsible global company, as well as global
citizens with a duty to bring our company and products to consumers
in a healthy, sustainable way,” said Miguel Patricio, Chief
Executive Officer at Kraft Heinz. “This new ESG strategy reflects a
new company Value: We do the right thing. We’re actively working
each day to create a company and products we and the world can be
proud of.”
The Kraft Heinz ESG strategy prioritizes the issues that matter
most to the company’s business and stakeholders – and focuses on
the areas where it can have the greatest impact. It includes three
key pillars:
- Environmental Stewardship – reducing the company’s
operational environmental footprint through water conservation,
energy use and waste reduction across its manufacturing facilities,
as well as addressing sustainable packaging
- Responsible Sourcing – promoting sustainable sourcing
methods, including areas of focus such as human rights, sustainable
agriculture, deforestation, and animal welfare
- Healthy Living & Community Support – identifying and
meeting nutrient targets for Kraft Heinz products, with a focus on
limiting sugar, sodium, saturated fat, and calories, while offering
alternative choices, along with its philanthropic mission to fight
global hunger.
In the report, Kraft Heinz also introduces new, global goals
within its Environmental Stewardship and Responsible
Sourcing pillars. The company plans to sustainably source 100
percent of Heinz Ketchup tomatoes by 2025 globally, in accordance
with the company’s Sustainable Agriculture Practices. Kraft Heinz
has taken significant steps to strengthen its supply chain by
evolving those practices and working with growers to implement them
with measured improvement. For instance, in Spain, tomato growers
implemented new soil health procedures, ultimately yielding an
improved 70 tons of tomatoes per acre annually.
Additionally, as the company assesses the greenhouse gas
emissions of its entire supply chain in order to set reduction
targets, it has committed to a goal of purchasing a majority
renewable electricity across all Kraft Heinz facilities by
2025.
Additional highlights from the report include the company’s
targeted achievement of the following goals by the year 2025:
- Extending Global Nutrition Guidelines to improve the health and
wellness of its products, with a goal of 85% worldwide compliance
(the company exceeded its goal of 70% compliance by 2023 four years
ahead of schedule)
- Providing or donating the equivalent of 1.5 billion meals to
people in need (building off its commitment to provide 1 billion
meals to people in need by 2021)
- Decreasing energy use by 15% at manufacturing facilities
globally*
- At its global manufacturing facilities, setting a target to
decrease water use by 20% in high-risk watershed areas and 15%
across all others, and decreasing waste by 20% by 2025.**
Kraft Heinz’s complete 2020 ESG Report can be viewed here.
* majority of all Kraft Heinz facilities ** per cubic
meter/metric ton production
ABOUT THE KRAFT HEINZ COMPANY
For 150 years, we have produced some of the world’s most beloved
products at The Kraft Heinz Company (Nasdaq: KHC). We are one of
the largest global food and beverage companies, with 2019 net sales
of approximately $25 billion. Our portfolio is a diverse mix of
iconic and emerging brands. As the guardians of these brands and
the creators of innovative new products, we are dedicated to the
sustainable health of our people and our planet. To learn more,
visit www.kraftheinzcompany.com or follow us on LinkedIn and
Twitter.
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version on businesswire.com: https://www.businesswire.com/news/home/20200916005495/en/
Michael Mullen (media) Michael.Mullen@kraftheinz.com
Christopher Jakubik, CFA (investors) ir@kraftheinz.com
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