Whole Earth Brands Launches Strategic ESG Framework
February 24 2022 - 8:00AM
Whole Earth Brands, Inc. (Nasdaq: FREE), a global food company
enabling healthier lifestyles, today announced the launch of its
environmental, social, and governance (ESG) framework and strategic
goal areas.
Centered on three pillars – producing sustainably, supporting
thriving workers and communities, and enabling healthier lifestyles
– the Whole Earth Brands ESG framework seeks to further and
positively influence a host of important issues involving the
company, its employees and the effect its production facilities can
have on the environment and climate. Whole Earth Brands determined
these pillars after a formal assessment process that included an
outside consultant, internal interviews and external research.
“Our ESG vision is to bring goodness to people and to the
planet,” said Albert Manzone, Chief Executive Officer of Whole
Earth Brands. “Strong ESG performance is fundamental to our
business strategy. It is reflected in everything we do, from
product development to ingredient sourcing and manufacturing, and
beyond. The launch of our ESG framework and strategic goal areas
formalizes our intentions to be responsible corporate
citizens.”
In the coming months, Whole Earth Brands plans to further
develop measurable targets and a baseline to strategically address
the key ESG issues identified through the materiality
assessment process. These goal areas span:
- Climate,
- Packaging
- Waste and water
- Responsible sourcing
- Diversity, equity and inclusion
- Innovation and transparency
- Equitable access
“My experience leading multiple companies through successful ESG
journeys over the years has instilled the belief that creating,
measuring and surpassing tangible goals is essential to functioning
as a responsible business and making a positive impact on the
world,” said Irwin D. Simon, Executive Chairman of Whole Earth
Brands. “Our commitment to enabling wellness by offering
natural alternatives and clean-label products supports our ability
to deliver on our ESG vision over the next decade and beyond. We’re
excited to launch this framework after our first full year
operating as a public company and share this journey with
customers, consumers, and investors.”
Forward-Looking Statements
This press release contains forward-looking statements
(including within the meaning of the Private Securities Litigation
Reform Act of 1995) concerning Whole Earth Brands, Inc. and its ESG
efforts, plans and goals, and reflects Whole Earth Brands’ current
beliefs and expectations. There can be no assurance Whole Earth
Brands will be successful in reaching the goals. These statements
are subject to the risks and uncertainties indicated from time to
time in the documents the Company files (or furnishes) with the
U.S. Securities and Exchange Commission.
About Whole Earth Brands
Whole Earth Brands is a global food company enabling healthier
lifestyles and providing access to premium plant-based sweeteners,
flavor enhancers and other foods through our diverse portfolio of
trusted brands and delicious products, including Whole Earth
Sweetener®, Wholesome®, Swerve®, Pure Via®, Equal® and
Canderel®. With food playing a central role in people’s health and
wellness, Whole Earth Brands’ innovative product pipeline addresses
the growing consumer demand for more dietary options, baking
ingredients and taste profiles. Our world-class global distribution
network is the largest provider of plant-based sweeteners in more
than 100 countries with a vision to expand our portfolio to
responsibly meet local preferences. We are committed to helping
people enjoy life’s everyday moments and the celebrations that
bring us together. For more information on how we “Open a World of
Goodness®,” please visit www.WholeEarthBrands.com.
Contacts:
Investor Relations Contacts:Whole Earth
Brands312-840-5001investor@wholeearthbrands.com
ICRJeff Sonnek646-277-1263jeff.sonnek@icrinc.com
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