McCormick has released its 2022 Purpose-led Performance (PLP) Progress Report. As demonstrated by the document, the company continues to make significant progress in sustainably sourcing its top five branded ingredients, increasing resilience in farming communities, and lessening its environmental impact.
The key highlights of McCormick’s 2022 PLP progress report include:
- Sustainably sourcing over 84% of its top five branded ingredients and almost 100% of its branded Red Pepper and Vanilla.
- Increasing the resilience of more than 31,000 farmers across its supply chain, with a goal of positively impacting the lives of 35,000 farmers by 2025
- Reducing Scope 1 & 2 emissions by 40% and Scope 3 emissions by 20% since 2020. McCormick’s near-term emission reduction targets have been validated by the Science Based Targets Initiative (SBTi).
The company recently raised its ambition to a 42% reduction for Scope 1, 2, and 3 emissions by 2030, and has established a net zero commitment by 2050.
|McCormick to Reduce CO2 Emissions by 86.8 Metric Tons|
“I’m proud of McCormick’s steadfast focus on delivering against our PLP commitments for 2025 and beyond. Our efforts to improve the livelihoods of farmers, sustainably source our branded iconic ingredients, and transition to renewable energy sources while making progress toward our Net Zero and 1.5oC greenhouse gas reduction targets remain top priorities,” says Lawrence E. Kurzius, chairman and CEO of McCormick. “As a global leader in flavor, we understand our responsibility to live our purpose by helping to improve lives and preserve the planet. I would like to thank our 14,000 global employees for their dedication and passion for creating a sustainable and flavorful future.”