Kraft Heinz CEO, Miguel Patricio, introduces the 2022 ESG Report.
Kraft Heinz partners with Rise Against Hunger to help alleviate global hunger.
Kraft Heinz unites teams across the globe to minimize its environmental footprint through packaging redesign.
Kraft Heinz partners with growers to support more sustainable agricultural practices.
Kraft Heinz is working toward a more equitable future for all.
PITTSBURGH & CHICAGO, Oct. 18, 2022—The Kraft Heinz Company (Nasdaq: KHC) (the “Company” or “Kraft Heinz”) today released its 2022 Environmental Social Governance (“ESG”) Report, titled “Together at the Table,” outlining progress across its ESG priorities during the 2021 calendar year. Kraft Heinz continues to accelerate toward its global ESG goals and diversity, inclusion, and belonging aspirations (“Aspirations”), thanks to future-focused innovations and key collaborations with employees, nonprofit organizations, and ingredient and packaging suppliers.
The Kraft Heinz ESG strategy is designed to prioritize the issues that matter most to the Company’s business and stakeholders. The Report highlights progress across three key pillars – Healthy Living & Community Support, Environmental Stewardship and Responsible Sourcing – that help the Company build value among its broad set of stakeholders by incorporating responsible business practices at each stage of its value chain.
“The food industry has seen countless challenges in the last two years,” said Miguel Patricio, Kraft Heinz CEO and Chair of the Board of Directors. “It is during these challenging moments when true innovation happens, and collaborations are most important. Working with our many partners, we are developing solutions to foster a more inclusive workforce, address climate challenges, and combat food insecurity. Now more than ever, it is critical that businesses like ours take a leadership role in addressing the environmental and social issues that affect all of us around the world.”
Progress Across Our Three ESG Pillars
Healthy Living and Community Support
Kraft Heinz is committed to diversity, inclusion, and belonging (“DI&B”) and improving the health and wellness of consumers, employees, and people in need around the world.
To address ongoing environmental challenges, Kraft Heinz continues to implement energy, carbon, water, packaging, and waste solutions across its operational footprint.
“Innovations like the fully circular Heinz Tomato Ketchup bottle and new plant-based products like vegan mayonnaise are great examples of how Kraft Heinz is working to lead the future of food,” said Rashida La Lande, EVP, Global General Counsel, and Chief Sustainability and Corporate Affairs Officer at Kraft Heinz. “This work demonstrates the potential that lies at the intersection of doing what’s good for the planet and addressing important consumer needs at the same time.”
To meet its sustainable product and agricultural goals, Kraft Heinz is incorporating responsible choices throughout its supply chain.
The 2022 ESG Report was prepared using the Global Reporting Initiative (“GRI”) ESG reporting standard and in alignment with the general principles of the Sustainability Accounting Standards Board (“SASB”) for food and beverage companies, as well as the Task Force on Climate-related Financial Disclosure (“TCFD”).
More information on Kraft Heinz’s progress and commitments, as well as separate downloads of its GRI, SASB, and TCFD indexes and disclosures, are available at www.kraftheinzcompany.com/esg.
About The Kraft Heinz Company
We are driving transformation at The Kraft Heinz Company (Nasdaq: KHC), inspired by our Purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2021 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-driven product platforms. As global citizens, we're dedicated to making a sustainable, ethical impact while helping feed the world in healthy, responsible ways. Learn more about our journey by visiting www.kraftheinzcompany.com or following us on LinkedIn and Twitter.
This press release contains a number of forward-looking statements. Words such as “aim,” “achieve,” “aspire,” “commit,” “continue,” “design,” “expect,” “increase,” “plan,” “target,” “will,” and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. These statements are not historical facts and are based on Kraft Heinz’s current beliefs, expectations, estimates, and projections. These forward-looking statements are subject to a number of risks and uncertainties, many of which are difficult to predict and beyond Kraft Heinz’s control, which could cause actual results to differ materially from those indicated in the forward-looking statements. Those factors include, but are not limited to, decreased agricultural productivity; increased consumer demand for food products or changes in consumer preferences; economic and political conditions in the United States and other places where we do business or source raw materials; climate change, legal or regulatory responses thereto, and our compliance with such laws; our dependence on technology and the reliability of such technology, including the pace of changes in technology and potential damage to or interruptions in technology; costs of resources and raw materials; adverse weather conditions and natural disasters; labor strikes; the ability to attract, hire, and retain qualified personnel; and our future financial and operating performance within and relative to our industry, as well as the other risks in the 2022 ESG Report and the risk factors set forth in Kraft Heinz’s filings with the Securities and Exchange Commission, including the Company’s most recently filed Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Kraft Heinz disclaims and does not undertake any obligation to update, revise, or withdraw any forward-looking statement in this press release, except as required by applicable law or regulation.