MISSISSAUGA, ON, Nov. 30, 2018 /CNW/ - Maple Leaf Foods (TSX: MFI)
reinforced its commitment to environmental leadership as one of 50
major global businesses, and the only protein company, which have
published an open letter to the world's governments urging greater
collaboration in the fight against climate change.
The leaders, from the World Economic Forum's Alliance of Climate
Action CEOs, are committed to using their positions to help meet
the Paris Climate Agreement goals. Thirty of the companies that
signed the letter reduced emissions by 9%, (almost 47 million
metric tonnes in absolute terms) between 2015 and 2016, the
equivalent of taking nearly ten million cars off the road for one
year.
Since launching its sustainability strategy in 2014, Maple Leaf
Foods has reduced its total energy intensity by 19% and greenhouse
gas emissions intensity by 18%. The Company has a goal to reduce
its environmental footprint by 50% by 2025 and is on track to meet
this goal.
"Climate change is the single greatest challenge facing our
world and Maple Leaf is committed to operating within the bounds of
environmental limits and providing consumers with more sustainable
food choices," said Michael H.
McCain, President and Chief Executive Officer. "Real change
also needs real political leadership, and we stand beside these
other global companies to push for action that achieves the goals
of the 2015 Paris Climate Agreement."
The letter is published ahead of the UNFCCC climate conference
in Katowice, Poland, where
governments will meet next week to discuss progress towards
delivering the 2015 goals.
The leaders call for greater public-private cooperation to put
in place effective carbon pricing mechanisms and policies to
incentivise low-carbon investment and drive demand for carbon
reduction solutions. The Alliance is also focused on highlighting
the business case for cutting emissions to generate more support in
the private sector.
The full letter and more information on the World Economic
Forum's Alliance of Climate Action CEOs may be accessed through the
following links:
- An open letter from business to world leaders: "Be ambitious,
and together we can address climate change":
https://www.weforum.org/agenda/2018/11/alliance-ceos-open-letter-climate-change-action/
- Business is stepping up its fight against climate change. This
is how (blog):
https://www.weforum.org/agenda/2018/11/business-is-stepping-up-its-fight-against-climate-change-this-is-how/
- Business Urges Governments to Step Up Fight Against Climate
Change (press release):
https://www.weforum.org/press/2018/11/business-urges-governments-to-step-up-fight-against-climate-change
About Maple Leaf Foods
Maple Leaf Foods is a leading consumer protein company, with a
vision to become the most sustainable protein company on earth.
Maple Leaf makes high quality, innovative products under national
brands including Maple Leaf®, Maple Leaf Prime®, Maple Leaf Natural
Selections®, Schneiders®, Schneiders® Country Naturals®, Mina®,
SWIFT®, Lightlife TM and Field Roast Grain Meat
Co.TM. The Company employs approximately 11,500 people
and does business in Canada, the
U.S. and Asia. The Company is
headquartered in Mississauga,
Ontario and its shares trade on the Toronto Stock Exchange
(MFI).
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SOURCE Maple Leaf Foods Inc.