Leading branded food company Conagra Brands announced today a series of new sustainability goals, including science-based emissions targets and diversity and inclusion commitments. The new initiatives were announced along with the release of the company’s 2020 Citizenship Report, outlining Conagra’s progress against its ESG initiatives and actions.
Among the company’s new ESG goals are targets to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 25%, and Scope 3 emissions from purchased goods and services by 20% per metric tonne of material sourced by 2030, as compared to a fiscal year 2020 baseline.
Conagra also announced that its emissions targets have been validated by the Science Based Targets initiative (SBTi), a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), with the goal to establish science-based environmental target setting as a standard corporate practice. Achieving approval of targets by SBTi is a significant milestone for companies’ sustainability efforts.
Conagra’s new diversity and inclusion goals include doubling the representation of people of color in management and middle-management roles and having at least 40% of management-level roles held by women by 2025. According to the report, 32% of management-level roles are currently held by women, and 12% by people of color.