Company Shares Progress Toward Ambitious 2030 Goals
Issued by Pilgrim’s
Pilgrims invests more than $18.7 million in greenhouse gas emission reduction projects in 2021, working towards a more sustainable future.
Pilgrim’s [NASDAQ: PPC], a leading global food company, today announced the release of its 2021 Sustainability Report, which includes progress updates toward the organization’s 2030 goals that were announced last year. The report details the company’s advancements in critical areas – team members, environment, communities, animal care, customers and consumers, and suppliers – across its operations in the United States, the UK, Continental Europe and Mexico.
As Pilgrim’s continues to strengthen its approach toward sustainability and ESG, the company completed its first sustainability-linked bond audit, resulting in positive progress toward the commitment to achieve a 30 percent reduction in scope 1 and scope 2 greenhouse gas emission intensity by 2030. The newly-created Pilgrim’s Pride ESG Committee of the Pilgrim’s Board of Directors was also developed, which has been tasked with overseeing areas such as climate change, human rights, diversity and inclusion, and employee health, safety and well-being to ensure excellence, humanity and corporate responsibility are fully integrated in every level of the organization.
“At Pilgrim’s, we recognize our role as a global food company and a large employer in the areas where we operate,” said Fabio Sandri, CEO, Pilgrim’s. “We are working to leverage our scale and influence to help food and agriculture be part of the solution to many of the sustainability challenges we face around the world.”
Key achievements detailed in the 2021 report include:
“We are investing in sustainability and ESG initiatives throughout our organization like never before, and I am confident we will continue pushing ourselves and the industry forward in a meaningful way,” Sandri said. “Our vision – to be the best and most respected company in our industry, creating the opportunity of a better future for our team members – will continue guiding us as we move forward on this journey.”
To learn more, visit the 2021 Pilgrim’s Sustainability Report online at http://sustainability.pilgrims.com.
As a global food company with more than 60,000 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.