ORRVILLE, Ohio, Feb. 15, 2021 /PRNewswire/ -- The J.M.
Smucker Co. (NYSE: SJM) introduced an evolved set of environmental,
social and governance (ESG) priorities today to reflect its
sharpened focus on addressing issues that impact the quality of
life of millions of people and pets.
"The quality of life of too many people and pets is suffering
because they lack access to basic needs and opportunities that many
of us take for granted," said Mark
Smucker, President and Chief Executive Officer. "While
supporting our communities, employees and the planet has always
been part of our DNA, we feel we can enhance our efforts to help
more of our constituents thrive. These evolved priorities will help
us harness our financial resources, expertise, partnerships and the
incredible passion of our employees to further strengthen our role
in addressing some of the critical issues we face as a
society."
Informed by our passions as a Company, our unique strengths and
a recent multi-stakeholder issue assessment, the Company's evolved
Thriving Together agenda prioritizes improving the quality of life
for people and pets by helping to meet their needs for:
- Quality Food: Through the safe production and
distribution of its products, partnerships with farmers and
growers, and support of hunger-related organizations, Smucker will
enhance its recent efforts to help ensure people and pets have
consistent access to trusted, quality food.
- Education: Smucker will build upon its long-term
initiatives to partner with organizations that are committed to
creating or improving access to educational and skill development
opportunities.
- Equitable & Ethical Treatment: Through training and
hiring practices, advocacy and responsible sourcing initiatives,
Smucker will accelerate its current efforts to ensure
underrepresented and vulnerable groups are treated equitably and
ethically.
- Community Resources: Smucker will increase its efforts
to create and strengthen access to vital community resources,
including disaster relief, child development and emotional support
services.
- Healthier Planet: Through a more sustainable approach to
its operations as well as its value chain, Smucker will expand its
efforts to help create a healthier planet for future
generations.
More details on The J.M. Smucker Co.'s Thriving Together agenda
can be found on the Company's website:
https://www.jmsmucker.com/our-impact.
As part of its enhanced commitment to ESG efforts, the Company
has published its first set of formal ESG disclosures leveraging
the Sustainability Accounting Standards Board (SASB) and Task Force
on Climate-Related Financial Disclosures (TCFD) frameworks. These
disclosures can be found at
https://investors.jmsmucker.com/2021.
Later this year, Smucker anticipates being able to confirm it
achieved its 2020 Environmental Impact goals and will provide an
update on its plans to deliver against its evolved Thriving
Together priorities.
About The J.M. Smucker Co.
Each generation of consumers leaves their mark on culture by
establishing new expectations for food and the companies that make
it. At The J.M. Smucker Co., it is our privilege to be at the heart
of this dynamic with a diverse portfolio that appeals to each
generation of people and pets and is found in nearly 90 percent of
U.S. homes and countless restaurants. This includes a mix of iconic
brands consumers have always loved such as Folgers®, Jif®
and Milk-Bone® and new favorites like Café Bustelo®,
Smucker's® Uncrustables® and Rachael Ray® Nutrish®.
By continuing to immerse ourselves in consumer preferences and
acting responsibly, we will continue growing our business and the
positive impact we have on society. For more information, please
visit jmsmucker.com.
The J.M. Smucker Co. is the owner of all trademarks
referenced herein except for Rachael Ray®, a
registered trademark of Ray Marks II LLC, which is used under
license.
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SOURCE The J.M. Smucker Co.