Report Particulars Momentum Throughout the Firm’s Three Strategic Focus Areas: Merchandise, Folks and Planet
Rosemont, IL (RestaurantNews.com) US Meals Holding Corp. (NYSE: USFD) – one in all America’s main foodservice distributors – introduced right now the discharge of the corporate’s 2023 Sustainability Report. Inside the complete report, US Meals highlights progress throughout its sustainable product choices, help for associates and communities, and initiatives to scale back the environmental influence of its operations.
“We’re dedicated to being a accountable firm that’s each environmentally and socially aware,” mentioned Martha Ha, govt vice chairman, basic counsel and sustainability lead, US Meals. “I’m happy with the significant progress the corporate has made all through 2023 in opposition to our three strategic sustainability focus areas: innovating and differentiating our merchandise; making a secure, various and inclusive office and supporting our communities; and bettering the effectivity of our fleet and services. Trying ahead, we’re nicely positioned to advance our sustainability efforts as we proceed to collaborate with our prospects, suppliers and different stakeholders.”
The report shares progress highlights for every of the corporate’s key sustainability focus areas: Merchandise, Folks and Planet.
Merchandise: Rising our portfolio of merchandise that meet our standards for being native, sustainable or supporting well-being by working with our suppliers to supply and provide merchandise with social or environmental advantages, in addition to sustaining our continued dedication to meals security and high quality.
- Maintained year-over-year progress of the corporate’s native, sustainable and well-being product choices, with greater than 4,200 differentiated merchandise accessible right now.
- Launched US Meals Serve You™, the corporate’s Unique Model product portfolio of greater than 3,300 well-being merchandise which are plant-based1 options, vegan2, vegetarian3, comprise no elements from the US Meals Unpronounceables Record®4 or gluten-free licensed.
- Launched new US Meals Serve Good® product class, Local weather-Acutely aware, which incorporates merchandise which are consciously produced and/or manufactured to assist scale back greenhouse fuel (GHG) emissions.
Folks: Making a optimistic distinction within the lives of our associates and within the communities we serve by fostering an inclusive, dynamic and secure office the place our associates can develop and thrive, and by investing in our communities by giving and volunteerism.
- Enhanced range and inclusion commitments by rising participation within the firm’s 10 Worker Useful resource Group applications, which now embody greater than 3,400 members, a 53% improve in membership since 2022.
- Elevated the corporate’s workforce and management range by filling 51% of latest or open management roles with various candidates, exceeding the 2023 objective.
- Spent greater than $742 million with greater than 600 licensed various suppliers and greater than $2.6 billion with over 2,600 small companies throughout the U.S., a rise of greater than 13% in spend with various suppliers and greater than 44% in spend with small companies since 2020.5
- Donated greater than $12 million in merchandise, provides and financial contributions to meals banks throughout the nation.
Planet: Partaking to enhance the effectivity of the corporate’s services and fleet as a way to assist scale back the environmental footprint of our operations.
- Lowered Scope 1 and Scope 2 emissions by 6% since 2019 in help of the corporate’s formal objective to scale back absolute Scope 1 and a pair of GHG emissions 32.5% by 2032 from a 2019 base yr.
- Accomplished supply of roughly 100 various gas automobiles together with electrical vans, electrical yard tractors and compressed pure fuel vans.
- Launched three-year deforestation and land conversion challenge to assist mitigate threat of deforestation and land conversion within the provide chain.
The 2023 Sustainability Report makes use of acknowledged reporting requirements, together with Sustainability Accounting Requirements Board’s (SASB) Meals Retailers & Distributors the Process Power on Local weather-related Monetary Disclosures (TCFD) and the World Reporting Initiative (GRI).
To view the US Meals 2023 Sustainability Report, go to the corporate’s web site at USFoods.com/sustainability.
1 Made with elements derived from vegetation, fungi and algae: no animal-derived elements. Affordable efforts to keep away from cross-contact with animal-based elements.
2 No elements of animal origin. Affordable efforts to keep away from cross-contact with animal-based elements.
3 Milk, eggs, honey and beeswax permitted; no different elements of animal origin. Affordable efforts to keep away from cross contact with different animal-based elements.
4 Processing aids and potential cross-contact throughout manufacturing should not in scope for this program.
5 Figures embody commerce and oblique spend with Tier 1 suppliers.
Ahead-Trying Statements
Statements on this press launch which aren’t historic in nature, are “forward-looking statements” throughout the which means of the federal securities legal guidelines. These statements typically embody phrases resembling “consider,” “count on,” “challenge,” “anticipate,” “intend,” “plan,” “outlook,” “estimate,” “goal,” “search,” “will,” “could,” “would,” “ought to,” “might,” “forecast,” “mission,” “attempt,” “extra,” “objective,” or comparable expressions (though not all forward-looking statements could comprise such phrases) and are based mostly upon varied assumptions and our expertise within the business, in addition to historic developments, present situations, and anticipated future developments. Nevertheless, you must perceive that these statements should not ensures of efficiency or outcomes and there are a variety of dangers, uncertainties and different essential elements that might trigger our precise outcomes to vary materially from these expressed within the forward-looking statements. For an in depth dialogue of those dangers, uncertainties and different elements that might trigger our outcomes to vary materially from these anticipated or expressed in any forward-looking statements, see the part entitled “Danger Elements” in our Annual Report on Kind 10-Okay for the fiscal yr ended December 31, 2022 filed with the Securities and Trade Fee (“SEC”) on February 17, 2023. Extra dangers and uncertainties are mentioned every now and then in present, quarterly and annual studies filed by the Firm with the SEC, which can be found on the SEC’s web site at www.sec.gov and the Firm’s investor relations web page at www.ir.usfoods.com. Moreover, we function in a extremely aggressive and quickly altering setting; new dangers and uncertainties could emerge every now and then, and it isn’t doable to foretell all dangers nor determine all uncertainties. The forward-looking statements contained on this press launch communicate solely as of the date of this press launch and are based mostly on info and estimates accessible to us at the moment. We undertake no obligation to replace or revise any forward-looking statements, besides as could also be required by legislation.
About US Meals
With a promise to assist its prospects Make It, US Meals is one in all America’s nice meals corporations and a number one foodservice distributor, partnering with roughly 250,000 eating places and foodservice operators to assist their companies succeed. With 70 broadline places and greater than 90 money and carry shops, US Meals and its 30,000 associates gives its prospects with a broad and revolutionary meals providing and a complete suite of e-commerce, know-how and enterprise options. US Meals is headquartered in Rosemont, Ailing. Go to USFoods.com to study extra.
Media Contact:
Sara Matheu
773-580-3775
Sara.Matheu@usfoods.com