CHICAGO, Feb. 15, 2021 /PRNewswire/ -- Conagra
Brands, Inc. (NYSE: CAG) today announced the publication of its
2020 Citizenship Report, which shares the company's progress
against key environmental, social and governance (ESG) initiatives
and actions that support each of the 17 United Nations
Sustainable Development Goals. The report details Conagra's efforts
to nourish people, the planet and communities, and focuses on four
different topic areas: Good Food, Responsible Sourcing, Better
Planet and Stronger Communities.
Highlights from the 2020 report include:
- Committing to reducing greenhouse gas emissions with 2030
targets validated1 by the Science Based Targets
initiative: Conagra committed to reducing absolute Scope
1 and 2 greenhouse gas emissions by 25% by 2030 as compared to a
fiscal year 2020 baseline. In addition, Conagra committed to
reducing Scope 3 greenhouse gas emissions from purchased goods and
services by 20% per metric tonne of material sourced within that
same timeframe2.
- Setting 2025 diversity and inclusion targets: To
underscore its focus on diversity and inclusion, Conagra set
ambitious representation and retention goals, including doubling
the representation of people of color in management and
middle-management roles and having at least 40% of management-level
roles held by women within the next five years.
- Announcing approximately 84% of packaging materials by
volume3 were renewable, recyclable or compostable:
To combat the growing issue of waste from plastic packaging,
Conagra made meaningful progress on its goal to make 100% of its
current plastic packaging renewable, recyclable or compostable by
2025.
- Partnering with U.S. Farmers and Ranchers in
Action to help develop the Decade of Ag
Vision: Conagra contributed to the Vision through its
Birds Eye® Good Agricultural Practices Program, focused on
climate-smart agriculture practices that support soil health,
conserve water, and protect biodiversity and bee populations.
- Donating 30 million pounds of food to Feeding America and
its network of food banks, which is the equivalent of 25 million
meals: Conagra continued its longstanding partnership with
Feeding America, the nation's leading hunger relief nonprofit, to
impact hunger and food insecurity where its employees live and
work.
- Responding to the pandemic: In response to the
challenges brought about by the COVID-19 pandemic, Conagra's
facilities continued to operate with safety top-of-mind to meet the
needs of employees, consumers and communities.
In addition, the report includes supplementary ESG data
addressing elements of the Global Reporting Initiative (GRI), the
Task Force on Climate-Related Financial Disclosures (TCFD)
frameworks, and CDP disclosures related to climate change, water
stress and deforestation.
The report builds on the publication of Conagra's Sustainability
Accounting Standards Board (SASB) disclosure, which was released in
December 2020. Data in the 2020
Citizenship Report primarily covers the company's fiscal year 2020,
which ended May 31, 2020, unless
otherwise specified.
About Conagra Brands
Conagra Brands, Inc.
(NYSE: CAG), headquartered in Chicago, is one of North
America's leading branded food companies. Guided by an
entrepreneurial spirit, Conagra Brands combines a rich heritage of
making great food with a sharpened focus on innovation. The
company's portfolio is evolving to satisfy people's changing food
preferences. Conagra's iconic brands, such as Birds Eye®, Duncan
Hines®, Healthy Choice®, Marie Callender's®, Reddi-wip®, and
Slim Jim®, as well as emerging brands, including Angie's®
BOOMCHICKAPOP®, Duke's®, Earth Balance®, Gardein®, and Frontera®,
offer choices for every occasion. For more information,
visit www.ConagraBrands.com.
1 Conagra's 2030 climate change goals were validated
by the Science Based Target initiative in February 2021.
2 The target boundary includes biogenic emissions and
removals from bioenergy feedstocks.
3 Estimates are based, in part, on industry-wide average
weights and post-consumer recycled content levels, guided by best
practices on environmental footprint accounting from organizations
such as the U.S. Environmental Protection Agency (EPA); progress
numbers are approximate, and may vary annually due to changes in
suppliers, market conditions or improvements in data
methodology.
MEDIA:
Tim Wrona
312-549-5400
tim.wrona@conagra.com
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SOURCE Conagra Brands, Inc.