Kraft Heinz Renews Global Commitments in 2020 Environmental Social Governance Report
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:
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:
Kraft Heinz's complete 2020 ESG Report can be viewed here.
* majority of all Kraft Heinz facilities
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 (News - Alert) and Twitter.
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