Saputo Celebrates the Fifth Anniversary of Its Saputo Promise
Over the last five years, Saputo has embedded its Promise into its core business, including developing strategic plans to drive, support and enable sustainable growth and introducing ESG targets to its long-term incentive compensation. A few highlights of Saputo’s accomplishments include:
- Environment: The Company has established clear climate, water, and waste targets to be reached by 2025 and allocated a three-year investment of
CDN$50 million(FY21-23) to fund more than 65 projects globally to accelerate its performance.
- Responsible Sourcing: Saputo has launched its 2025 Supply Chain Pledges to address sustainability challenges beyond the scope of the Company’s operations and support the transition to a net zero dairy industry as a whole.
- Our People: With more gender-balanced representation in mind, Saputo has reached 25% of women in senior management in FY22, up by 10% in the last five years, and 60% of Board members are now women.
- Community: Saputo has proudly donated more than 6 million kilos of nutritious products to those in need and invested
CDN$67 million(FY18-FY22) to help build healthier communities where it operates.
“Our Promise ensures we live up to the values on which our Company was founded, and we are extremely proud of all that we’ve accomplished over the last five years” said
The Saputo Promise FY23-25 Plan aims to ensure the Company’s strategy remains relevant to today’s most pressing ESG issues. Execution is already underway to advance towards its three-year goals with a focus on, among other things, improving gender representation, diversity, and inclusion; reducing environmental impacts by delivering on its 2025 Environmental Pledges; supporting the transition to a sustainable food system through its Supply Chain Pledges; and improving the nutritional quality and performance of Saputo’s global product portfolio to meet consumer needs.
To learn more about the Saputo Promise and consult the 2022 Saputo Promise Report, visit www.saputo.com/our-promise
Saputo produces, markets, and distributes a wide array of dairy products of the utmost quality, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products, and dairy ingredients. Saputo is one of the top ten dairy processors in the world, a leading cheese manufacturer and fluid milk and cream processor in
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Source: Saputo Inc.