Tyson Foods Inc, (NYSE: TSN) one of the world’s leading producers of meat and poultry, has received an “A” from the Global Reporting Initiative for its latest corporate social responsibility report, company officials announced.
The new sustainability report is the fourth Tyson has produced since 2005, but the first to receive the Global Reporting Initiative’s (GRI) Application Level “A.” This represents a high degree of disclosure and transparency in sustainability reporting. GRI is a world-recognized organization that promotes economic, environmental, and social sustainability.
The 2012 Tyson Foods Sustainability Report documents the company’s progress from 2010-2012 across four key areas: people, planet, profit, and products.
“For us, sustainability is about trying to do the right thing in everything we do,” said Donnie Smith, president and chief executive officer of Tyson. “It’s fundamental to our core values, cuts across every aspect of our business, and supports our mission of making great food and making a difference.”
Among key accomplishments outlined in the report:
•Animal well-being—In 2012, Tyson announced the launch of FarmCheck, a program to audit animal treatment at the independent farms that supply the company.
•Water and fuel conservation—Since 2004, Tyson has cut water consumption by nearly 11%. The company continues to work with the University of Arkansas on ways to make additional reductions. Through efforts to improve fuel efficiency and reduce emissions, the company has eliminated more than 145 million over-the-road truck miles since 2011.
•Nutrition—In 2012, Tyson launched nine new products that meet updated nutritional standards for school meals. These foods feature lower fat and sodium content and eliminate food allergens.
•Hunger and disaster relief—Since 2010, Tyson donated more than 18 million pounds of food, valued at $23 million, to non-profit hunger relief agencies across the United States. In 2012, the company also launched the “Meals that Matter” mobile disaster relief supply unit, first used in New Jersey and New York in the aftermath of Hurricane Sandy.
•Charitable giving—Tyson has donated $10 million to support education, health and human services, families, and the environment since 2010.
Access www.tysonfoods.com/sustainability to obtain the full report.