ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Pilgrim's Releases 2022 Sustainability Report

GREELEY, Colo., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Pilgrim’s [NASDAQ: PPC], a leading global food company, today announced the release of its 2022 Sustainability Report, which includes key highlights from the past year across the company’s global operations. The report details advancements in critical areas of sustainability in the United States, the United Kingdom, Continental Europe and Mexico. Pilgrim’s produces high-quality poultry, pork, retail-ready, and prepared-foods products, and focuses on meeting needs in the local communities where its team members live and work.

In the report, the company provides updates on its progress toward sustainability goals and case studies related to its pledge to reach net-zero greenhouse gas emissions by 2040. For example, through innovations like Pilgrim’s subsidiary Moy Park’s Farm of the Future in the U.K. that can reduce scope 1 and scope 2 on-farm emissions by 100 percent, the company is working across geographies to lead the industry.

“At Pilgrim’s, sustainability is embedded throughout our business and provides the opportunity to leverage our scale, influence and expertise to help agriculture be part of the climate solution as we work to fight climate change,” said Fabio Sandri, CEO, Pilgrim’s. “As a key player in the food system, we are lowering our emissions and supporting producers, suppliers and customers to continue improving their environmental footprint and preserving natural resources as well.”

Key achievements detailed in the 2022 report include:

  • Approved 120+ scope 1 and 2 GHG emissions reduction projects for implementation in PPC facilities
  • Achieved a 20 percent reduction in scope 1 and 2 GHG emission intensity
  • Enrolled 350+ team members and/or their children in classes to pursue tuition-free higher education through our Better Futures program in the U.S.
  • Leveraged 100 percent renewable electricity in Pilgrim’s UK and Pilgrim’s Food Masters businesses
  • Improved Safety Index by 16.8% in the U.S., 15% in Europe and 9.4% in Mexico

“This report allows us to share the progress we’ve made and identifies areas of ongoing opportunity, and we hope it also serves as a way to push forward the food and agriculture industry as a whole,” said Sandri. “As a large company and employer, we recognize that the role we play extends beyond our own walls, and we continue to work on delivering scalable solutions to the sustainability challenges that impact us all.”

To learn more, visit the 2022 Pilgrim’s Sustainability Report online at https://sustainability.pilgrims.com/.

About Pilgrim’s

Pilgrim’s employs approximately nearly 60,000 people and operates protein processing plants and prepared-foods facilities in 14 states, Puerto Rico, Mexico, the U.K, the Republic of Ireland and continental Europe. The Company’s primary distribution is through retailers and foodservice distributors. For more information, please visit www.pilgrims.com.

Media Contact:
Nikki Richardson
Corporate Communications
nikki.richardson@jbssa.com

 


Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.