Lamb Weston issued its third annual Environmental, Social, Governance (ESG) report today, reporting progress against 2030 ESG goals announced in its last report.
The report, covering the company’s fiscal year 2021, is enhanced, incorporating the TCFD framework and including EE01 employment data, for additional transparency and comparability.
It also features an update to the company’s material topics, reflecting critical input from key external and internal stakeholders. The report focuses heavily on progress, with scorecards that show how the company is performing against its goals.
“Our teams are committed to working together to make progress against our ambitious 2030 goals,” said Tom Werner, CEO, Lamb Weston. “We’re focused on our long-term future, which means making meaningful changes to reduce our impact on the environment.”
Mr Werner further said: “Making progress in our business and against our ESG goals are parallel journeys for us. We know that achieving our vision to be the No. 1 global potato company means also understanding our impact on the world around us. And we have a great sense of pride in the cross-functional, long-term efforts our team has made to operate sustainably.”
The report is broken down to three key areas of ESG focus:
- People: how the company provides for its team members and the communities where it operates.
- Food: offering customers and consumers the highest quality potato products, made responsibly.
- Planet: reducing our environmental impact and conserving natural resources through forward-looking agricultural programs and efficient manufacturing.
The full ESG Report, including disclosure against key metrics for ESG initiatives and progress against 2030 goals, is available now at esg.lambweston.com.
Source: Lamb Weston