TreeHouse Foods Releases 2022 Environmental, Social, and Governance Report; Steve Oakland Shares

Taking accountability and action into its own hands, TreeHouse Foods is on the pathway to meeting its environmental, social, and governance (ESG) goals. Recently, the supplier released its 2022 ESG Report, highlighting its progress toward these objectives and notable achievements throughout 2021.

"I am pleased with the progress that we are making on our ESG journey," said Steve Oakland, Chief Executive Officer and President. "I'm even more excited for further opportunities to drive forward our ESG initiatives and make a meaningful impact. We remain committed to weaving environmental stewardship, stakeholder value creation, and thoughtful governance in everything we do."

As detailed in a release, some of TreeHouse’s most noteworthy accomplishments in 2021 include:

• Reduced scope 1 and 2 greenhouse gas emissions by 4 percent (compared to 2020 baseline)
• Reduced total waste by 9 percent and maintained >80 percent landfill diversion rate (compared to 2020 baseline)
• Conducted annual employee engagement survey and developed centralized plan to unlock values-led, high performance, and customer-centric work culture
• Created Diversity, Equity, and Inclusion (DEI) Council in 2021

On October 3, 2022, TreeHouse completed the divestiture of a significant portion of the Meal Preparation business. The transaction allows the company to sharpen its focus on higher-growth, higher-margin private-label snacking and beverage categories. The divestiture also meaningfully reduces its manufacturing and distribution footprint, enabling the supplier to accelerate growth and improve operational efficiency.

To read the report in full, click here.

What achievements will TreeHouse report for 2022? Stick with Deli Market News for answers.