Company Announces New Ambitious Global Goals and Targets
Issued by Pilgrim’s
Company announces new ambitious global goals including net zero by 2040
Pilgrim’s [NASDAQ: PPC], a global food company, today announced the release of its 2020 Sustainability Report, which includes the five-year results of its 2015 sustainability goals and aggressive new global targets that will guide the company’s sustainability strategy over the next decade and beyond. The report transparently details the company’s progress in key priority areas – animal care, team members, environment, communities, customers and consumers, and suppliers – across its operations in the UK, Continental Europe, Mexico and the United States.
Pilgrim’s has established sustainability as core to its business strategy, adopting industry-leading initiatives that build on the company’s long-standing commitment to sustainable food production. Pilgrim’s is the first major global meat and poultry company to offer a sustainability-linked bond tied to efforts to reduce greenhouse gas emission intensity across its global operations. In addition, Pilgrim’s is an integral part of the JBS commitment to achieve net-zero greenhouse gas (GHG) emissions by 2040, the most ambitious commitment of its kind in the sector.
“At Pilgrim’s, we are committed to being the best and most respected company in our industry, and we want to serve as a leader that can help drive the entire supply chain forward,” said Fabio Sandri, President and CEO, Pilgrim’s. “We remain focused on producing high-quality food for people around the world in a sustainable manner that is both ambitious and collaborative, while creating the opportunity of a better future for our team members.”
Achievements detailed in the 2020 report include:
“While we are proud of the work we have accomplished thus far, we embrace the opportunity to continue to push our company forward,” Sandri said. “We have established strong commitments, and our team is excited to take the next steps on our sustainability journey.”
New global actions include:
To learn more, visit the 2020 Pilgrim’s Sustainability Report online at http://sustainability.pilgrims.com.
As a global food company with more than 56,000 team members, Pilgrim’s processes, prepares, packages and delivers fresh, frozen and value-added food products for customers in more than 100 countries. For more information, please visit www.pilgrims.com.
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