Tate & Lyle unveils Purpose Report 2021
Global provider of food and beverage solutions and ingredients, Tate & Lyle, has published its Purpose Report 2021, outlining how the company is ‘Improving Lives for Generation’.
This interactive report, available on Tate & Lyle’s website describes how Tate & Lyle’s purpose of Improving Lives for Generations is being lived across the organisation and outlines the first year of progress against its ambitious long-term purpose targets and commitments set out in 2020. Tate & Lyle’s purpose
of Improving Lives for Generations is lived through three pillars – Supporting Healthy Living, Building Thriving Communities and Caring for our Planet. Under each pillar, Tate & Lyle has set targets for the next five or 10 years from 2020. For example, one of its goals is
to remove nine million tonnes of sugar from people’s diets through its low- and no-calorie sweeteners and fibres by 2025. In addition, the company intends
to provide more than three million nutritious meals for people in need by 2025. Lastly, Tate & Lyle aim to deliver a 30% absolute reduction in Scope
1 and 2 greenhouse gas emissions by 2030.
As part of its Building Thriving
Communities pillar, the Purpose Report 2021 also includes new targets to significantly progress equity, diversity, and inclusion within the organisation. Nick Hampton, Chief Executive,
Tate & Lyle said: “The ongoing challenges of the global pandemic, the heightened dialogue about inclusion and the climate emergency have showed us the value of healthy living, the importance of connecting with and supporting each other as colleagues and neighbours, and the fragility of the natural world. “That’s why we are more determined than ever to keep pursuing our purpose targets and commitments, and I am delighted with the progress we are making.” The full Purpose Report 2021:
Improving Lives for Generations is available on the company’s website.
Tate & Lyle’s progress to date 1.
Supporting Healthy Living • • •
The business has taken 1.8 million tonnes of sugar out of people’s diets over the last year. In November 2020, they completed the acquisition of global stevia business Sweet Green Fields.
The business is supporting health education and physical activity programmes around the world. This year they have helped 40,000 people.
By 2025, Tate & Lyle wants a least 90% of their people to feel like their health and wellbeing is being supported by the company. Currently 75% of their people feel that, up from 70% in 2020.
2. Building Thriving Communities
• Tate & Lyle supports 25 food banks across the world to provide nutritious meals to those in need. During COVID-19, demand for food banks rose significantly, so they donated an extra 1 million meals.
•
By 2025, the business aims to have supported the education of over 100,000 children and students through learning programmes and grants, helping them attain skills for life. This year they reported a total of 14,000 children has been supported against this target.
•
3. •
“That’s why we are more determined than ever to keep pursuing our purpose targets and commitments, and I am delighted with the progress we are making.”
38 Kennedy’s Confection December 2021
• •
The business is committed to reaching gender parity in leadership roles by 2025 and announced it is at 32% to date.
Caring for our Planet
By 2030, Tate & Lyle aims to deliver a 30% absolute reduction in Scope 1 and 2 greenhouse gas emissions, reporting to be 7% towards this target right now.
By 2030, 100% of Tate & Lyles’s waste will be beneficially used, reaching 69% currently.
The business achieved its target of maintaining sustainable acreage, equivalent to the volume of corn they buy globally each year, and through partnerships accelerate the adoption of conservation practices.
KennedysConfection.com
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