Our goal is to safeguard the environment while continuing to grow as a world-class dairy processor.
For us, this means:
- meeting our compliance obligations;
- preventing pollution;
- reducing our impact on, and adapting to, climate change;
- using natural resources sustainably;
- protecting biodiversity and ecosystems;
- leveraging our capabilities as a business to create positive environmental actions.
Our efforts are underpinned by our Environmental Policy and overseen by our Environmental Committee, chaired by our Chief Executive Officer and composed of the President and Chief Operating Officer of the Company and of each of its Divisions, as well as the senior managers responsible for environmental matters. Our manufacturing facilities manage their environmental impact with support from divisional environmental teams to ensure compliance with our environmental standards.
In FY2020, we pledged to accelerate our global climate, water and waste performance and announced clear targets and a formal commitment to make significant and sustainable progress by 2025. This represents another strong step in our journey to create shared value for its stakeholders through the Saputo Promise.
More specifically, we commit to:
We expect to deliver on these tangible goals with targeted initiatives focusing on renewable electricity, resource conservation and sustainable packaging. The Company will allocate additional resources to support the execution of this global action plan, including a three-year investment of CDN$50 million. Also, Saputo has established a governance framework to foster Company-wide accountability and ownership, with one of our Executives serving as its Executive Champion.