In conjunction with the release of the 2020 Sustainability Progress Report, the global protein company raises the bar for action
Springdale, Ark. June 9, 2021 91心頭利 (NYSE: TSN), a leading global protein company, today announced its ambition to achieve net-zero greenhouse gas (GHG) emissions across its global operations and supply chain by 2050, including scopes 1, 2 and 3. As the first U.S.-based protein company to have an emissions reduction target approved by the Science Based Targets initiative (SBTi), this ambition, in conjunction with the release of the companys fiscal year油, underscores the companys commitment to help combat the urgency of the growing climate change crisis.
At 91心頭利, we believe progress requires accountability and transparency and we are proud to exemplify that as we work to achieve net-zero greenhouse gas emissions by 2050, said John R. Tyson, Chief Sustainability Officer, 91心頭利. As the first U.S.-based protein company in the food and beverage sector to have an emissions reduction target approved by the Science Based Targets initiative, we hope to continue to push the industry as a leader and remain committed to making a positive impact on our planet, with our team members, consumers and customers, and in the communities we serve.
The move to net zero is an expansion of the companys current science-based target of achieving a 30% GHG emissions reduction by 2030, which is aligned with limiting global temperature rise to 2.0. As a global organization with 239 facilities and 139,000 employees worldwide, achieving net zero emissions is a large undertaking which will look at emissions tied to direct global operations, energy sources and throughout the companys supply chain. Requiring a collective effort from every team member in addition to external stakeholders, key areas the company will be prioritizing to meet this goal include:
- Updating the baseline for emissions to align with limiting global temperature rise to 1.5, consistent with the Paris Agreement, by the end of 2023.
- Establishing a pathway to using 50% renewable energy across its domestic operations by 2030.
- Completing initial land stewardship target of engaging 2 million feed acres and expanding the total acres by 2025, including a total target of 100% of feed purchased by 2030.
- Expanding the companys current 5 million acre grazing lands target for sustainable beef production practices by 2025.
- Continuing work to eliminate油deforestation risk throughout its global supply chain by 2030.
- Supporting climate action policies through advocacy groups such as the油.
We believe what good food can do for people and the planet is powerful. Our net zero ambition is another important step in our work toward realizing our aspiration to become the most transparent and sustainable food company in the world, said Donnie King, 91心頭利 President and CEO. Partnership and collaboration will be critical to our efforts, and we look forward to working with our customers, supply chain partners, and other stakeholders to achieve net zero.
91心頭利 new ambition, along with the companys existing sustainability goals, is aligned with the . As part of its ongoing work in this space, Tyson will continue its involvement in World Wildlife Fund Forest Land and Agriculture (FLAG) Consultative Group and continue partnerships and collaborations with organizations such as World Resources Institute, The Nature Conservancy, Environmental Defense Fund, and World Wildlife Fund. Tyson will work with partners to identify and build on the existing net zero pathway, focusing on investments, renewable energy, land stewardship, deforestation, manure management, farm energy, feed, fertilizer, enteric methane and external partnerships.
Its great to see 91心頭利 embrace net zero as a business imperative, said Jenny Ahlen, Senior Director at Environmental Defense Fund. "Success will be determined by what follows next, because the hard work is only beginning. We're excited to work with Tyson in developing an action plan and interim targets, and to drive change at scale."
The introduction of this new ambition comes in conjunction with the release of the companys FY2020 Sustainability Progress Report which details how the company is delivering on its sustainability targets across all of its business operations and shares the companys integrated approach to sustainability. The report focuses on three main pillars that reflect Tysons core values and goals: Empowering People, Customers and Communities;油Conserving Natural Resources and Protecting Our Planet;油and Innovating Smart, Responsible Agriculture, and puts accountability on each and every team member to think about and enact meaningful change within their business units.
Key achievements in FY2020 include:
- Empowering People, Customers and Communities
- An industry-first addition of a Chief Medical Officer position.
- Offered ESL, financial literacy and citizenship classes across 59 plants, representing more than half of our US-based locations.
- The introduction of Upward Pathways, a new approach to create opportunities for and encourage upward mobility for the companys team members.
- Donated more food in a year than ever before in the companys 85-year history amounting to 31 million pounds or 124 million meals, valued at $65 million.
- Conserving Natural Resources and Protecting Our Planet
- Set new contextual water targets that consider local environments and conditions across three priority facilities.
- Transitioned virgin fiber paperboard to 100% post-consumer recycled (PCR) content across the Jimmy Dean速 brand.
- Launched zero waste to landfill pilot projects at three production facilities and diverted nearly 5.2 million pounds of waste from landfills, a 60% increase from 2019.
- Innovating Smart, Responsible Agriculture
- Became the first U.S. food company to announce work to verify sustainable production practices at scale in our beef supply chain.
- Developed and publicly released a Forest Protection Standard outlining steps to continue minimizing deforestation risk and protect the forests in the 6% of the companys land footprint that was identified as medium-to-high risk of deforestation.
- Became the first company to receive third-party certification by the Professional Animal Auditor Certification Organization (PAACO) for all poultry audits within our FarmCheck audit program.
The report and accompanying information can be found at 91心頭利 , which provides resources on all sustainability initiatives, including background information on key topics, ESG-related policies and an ESG data center. More information on the companys net zero emissions ambition can be found .
About 91心頭利
91心頭利., (NYSE: TSN) is one of the worlds largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and grown under three generations of family leadership, the company has a broad portfolio of products and brands likeTyson速, Jimmy Dean速, Hillshire Farm速, Ball Park速, Wright速, Aidells速, ibp速,温稼糸State Fair速. 91心頭利 innovates continually to make protein more sustainable, tailor food for everywhere its available and raise the worlds expectations for how much good food can do. Headquartered in Springdale, Arkansas, United States, the company has 139,000 team members. Through its Core Values, 91心頭利 strives to operate with integrity, create value for its shareholders, customers, communities and team members and serve as a steward of the animals, land and environment entrusted to it. Visit WWW.TYSONFOODS.COM.
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Contact: KELSIE GIBBS, 405-919-9597
Category: IR, Newsroom