TreeHouse Foods announced today that it has published its 2020 Environmental, Social & Governance (ESG) Report, which builds on the private brand manufacturer’s previous Sustainability reports, and highlights their accomplishments and the ways in which it is enabling progress and sustainable growth in the communities it serves. The report also addresses TreeHouse’s goals for the next four years around Environmental, Social & Governance issues. In conjunction, the Company also launched a dedicated section of its corporate website to inform stakeholders about its ESG efforts.
“The events of this year, from the COVID-19 pandemic to global protests against racial injustice to the growing threat of climate change, have all underscored the need for companies like TreeHouse Foods, Inc. to be an example of what is possible,” said Steve Oakland, Chief Executive Officer and President. “We must leverage our scale, capabilities, and influence to help address these complex social and environmental challenges. As one of the nation’s leading private label food manufacturers, we approach this call-to-action with the same passion and commitment that we bring to exceeding customer expectations. To that end, I am pleased to share an update on our progress and our holistic ESG strategy.”
In 2016, TreeHouse set environmental sustainability goals for its North America manufacturing operations focused on energy intensity, water intensity, and waste contribution to landfills. Despite facing challenges, TreeHouse reported meaningful progress related to the following:
- Carbon dioxide emissions decreased by 21% from 2016 to 2019
- Water intensity across all facilities, except one, decreased by 6% from 2016 to 2019
- Landfill diversion rate increased from 59% in 2016 to 78% in 2019
In addition, TreeHouse outlined Agenda 2025, developed through a more robust and holistic approach to environmental stewardship, stakeholder value creation, and enterprise governance. The 2025 goals were developed with the help of cross-functional ESG subcommittees and apply the learnings from the Company’s materiality analysis. Agenda 2025 will guide the ESG strategy for the next four years, and identifies five key areas of focus that will have the greatest impact across the organization:
- ESG Integration – Created an internal governance structure that includes Board and Executive oversight to ensure that the entire business is aligned around and agreed upon the ESG strategy and its importance
- Transparency and Disclosure – Provide consistent and regular communication on ESG performance, using respected disclosure frameworks, so that key stakeholders are aware of the Company’s efforts and able to make informed decisions
- Supply Chain and Operations – Develop a responsible sourcing program that defines expectations for supplies and ensures the Company is proactively addressing environmental and social risks
- Employee Engagement and Welfare – Create strategies and programs that elevate the importance of diversity and inclusion, employee safety and wellbeing, and environmental health and safety at all sites and offices
- Plastics and Packaging – Committed to the development of sustainable packaging options that are recyclable, recycled, and compostable, and at the same time, meet customer expectations
Additional highlights from the 2025 vision include targeted achievement goals related to the reduction of greenhouse gas emissions and water intensity, expansion of its responsible sourcing policy and practices, and further development of its diversity, equality, and inclusion goals.