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Firm advances its imaginative and prescient to turn out to be probably the most sustainable protein firm on earth
MISSISSAUGA, ON, Might 5, 2022 /PRNewswire/ – Maple Leaf Foods Inc. (TSX: MFI), the world’s first main carbon impartial meals firm, immediately launched its 2021 Sustainability Report highlighting the corporate’s key initiatives, milestones and accomplishments in 2021 on its journey to turn out to be probably the most sustainable protein firm on earth.
Regardless of persevering with international challenges from the COVID-19 pandemic, in 2021, Maple Leaf Meals superior its sustainability targets and made exceptional progress to create Higher Meals, Higher Care, Higher Communities, and a Higher Planet.
Celebrating its second 12 months as the primary main carbon impartial meals firm on the earth, Maple Leaf Meals continued to advance on its sustainability journey by making progress in opposition to its 50% discount by 2025 environmental targets, supporting regenerative agriculture practices on 20,000 acres of farmland, accomplished 100% conversion of firm sow areas to the Maple Leaf Superior Open Sow Housing system, and exceeded its annual inside meals security and high quality targets.
In 2021, the corporate additionally unveiled a multi-year Individuals Technique to strengthen and leverage the abilities of its individuals by specializing in areas that may assist ship in opposition to its objective and imaginative and prescient. The plan identifies 4 pillars and a number of initiatives aimed toward strengthening firm tradition, enabling the event of its individuals and creating an setting the place all can thrive.
“Our efforts to fight local weather change proceed as a part of the soul of our firm and our sense of urgency is rising,” mentioned Michael McCain, President and CEO, Maple Leaf Meals. “We’re happy with our 2021 accomplishments, however know we should do much more. Our unwavering sustainability imaginative and prescient guides us to ship the shared worth we have promised all our stakeholders, together with the planet.”
Maple Leaf Meals’ sustainability program is constructed on 4 guiding pillars – Higher Meals, Higher Care, Higher Communities and Higher Planet. Highlights from the 2021 Sustainability Report embody:
Higher Meals
In 2021, Maple Leaf Meals continued delivering nice tasting meals with pure elements and higher diet by introducing “sugar free” to Maple Leaf® Pure Bacon. The corporate continued to speed up analysis and growth efforts in opposition to a pipeline of product innovation, with a number of new product strains presently in growth beneath Maple Leaf Meals’ manufacturers and complementary work underway to advance its on-pack declare development for the Maple Leaf® model.
In 2021, the corporate’s plant-based protein manufacturers, Lightlife® and Area Roast™, underwent important product design and packaging renovations reflecting the revised model mandates. Because of this, all of Lightlife® and Area Roast™ merchandise are 100% vegan licensed and are within the technique of being 100% Non-GMO Mission verified.
Higher Care
2021 was a momentous 12 months for Maple Leaf Meals’ Animal Care program as the corporate fulfilled its promise to transform all company-owned sow barns to the Maple Leaf Superior Open Sow Housing system. The corporate’s optimized open housing is designed purposefully to help sows in selecting when to eat, play, socialize and relaxation. These freedoms significantly improve their well-being and allow Maple Leaf to interact in good animal stewardship in a low-stress setting, providing higher job satisfaction.
In 2021, Maple Leaf Meals continued implementing enrichments in its hen barns that help chickens’ pure behaviours, together with pecking, perching and hiding. These enrichments will proceed to be deployed all through firm’s hen barns.
Higher Communities
Constructing higher communities is a precedence for Maple Leaf Meals, whether or not they exist past the corporate partitions or inside them. In 2021, the Maple Leaf Centre for Meals Safety (“the Centre”) celebrated its fifth anniversary because it continues its work to establish and champion systemic options to scale back meals insecurity. The Centre ran a nationwide marketing campaign in 2021 to boost consciousness in regards to the decisions that persons are compelled to make once they reside with meals insecurity – like selecting between meals for his or her households or warmth for his or her properties. It additionally launched a letter-writing marketing campaign to induce the federal authorities to set a goal to scale back meals insecurity by 50% by 2030.
For the group inside Maple Leaf, the corporate continued to supply digital psychological well being help for its individuals all through 2021 by providing digital remedy, bringing in specialists to debate and supply instruments for psychological well being and well-being and facilitating health courses with skilled instructors.
In 2021, Maple Leaf Meals continued its relentless dedication to creating the most secure potential workplaces – it achieved an industry-leading Complete Recordable Incident Fee (TRIR) of 0.48 and had 34 websites with zero accidents.
Higher Planet
As a carbon impartial firm dedicated to science-based targets, Maple Leaf Meals in 2021 targeted on regenerative agriculture’s potential in capturing carbon from the environment and storing it again within the soil. Maple Leaf teamed up with a Canadian fertilizer firm, Nutrien, to increase on a mission that incentivizes and educates farmers in areas the place Maple Leaf sources grains to undertake regenerative agriculture practices. In 2021, the mission encompassed roughly 20,000 acres of farmland in Manitoba and Saskatchewan, and the corporate plans to scale that to 100,000 acres in 2022. Equally, Maple Leaf Meals continued to work with Indigo Ag the place it intends to buy licensed carbon credit via their Carbon Program that rewards particular person farmers for adopting regenerative agriculture practices that enhance biodiversity, soil well being and carbon sequestration.
As Maple Leaf Meals progressed towards its 50% discount by 2025 environmental targets, it has lowered the depth of its electrical energy by 21.8%, pure gasoline by 18.7%, and water by 21.4% since 2014, meals waste by 33.3% since 2016, and achieved a company-wide landfill diversion price of 92.7%
To be taught extra about sustainability at Maple Leaf Meals, go to: mapleleaffoods.com/sustainability
Ahead–Trying Statements
This doc might comprise “forward-looking data” throughout the which means of relevant securities regulation, together with statements concerning the Firm’s sustainability targets, efficiency and goals. These statements should not ensures of future occasions and contain assumptions and dangers and uncertainties which are troublesome to foretell. A few of these assumptions and dangers and uncertainties are described in additional element within the Firm’s filings made with the securities regulatory authorities in Canada which can be found on SEDAR at www.sedar.com. Precise outcomes might differ materially from these expressed, implied or forecasted in such forward-looking data and there’s no assurance that any widespread shares will likely be bought beneath the NCIB program. Maple Leaf doesn’t intend to, and Maple Leaf disclaims any obligation to, replace any forward-looking data, whether or not on account of new data, future occasions or in any other case, besides as required by regulation.
About Maple Leaf Meals Inc.
Maple Leaf Meals is a carbon impartial firm with a imaginative and prescient to be probably the most sustainable protein firm on earth, responsibly producing meals merchandise beneath main manufacturers together with Maple Leaf®, Maple Leaf Prime®, Maple Leaf Pure Choices®, Schneiders®, Schneiders® Nation Naturals®, Mina®, Greenfield Pure Meat Co.®, Lightlife® and Area Roast™. The Firm employs roughly 13,500 individuals and does enterprise primarily in Canada, the U.S. and Asia. The Firm is headquartered in Mississauga, Ontario and its shares commerce on the Toronto Inventory Change (MFI).
SOURCE Maple Leaf Meals Inc.
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