Tyson Foods is refreshing its environmental, social, and governance (ESG) strategy, the Formula to Feed the Future, the company announced in its 2021 Sustainability Report. The protein giant is working on an enterprise-wide 2030 plan “to better encapsulate our bold commitment to our people, communities, animals, and customers.”
Tyson’s ESG strategy is built on three pillars. Here are a few examples of what the company achieved in 2021:
- Reimagining our people and community impact
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- Invested over $500 million in wage increases and bonuses to hourly workforce
- Donated more than 16 million lbs of protein to support food banks, pantries, and hunger relief organizations
- Vaccinated almost 100% of U.S. workforce, with a 96% COVID-19 vaccination rate before Nov. 1 deadline
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- Driving product responsibility from farm to table
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- More than $100 million total investments into Tyson Ventures to support startups and other companies focused on emerging proteins, new technologies for food and worker safety, and sustainable food production
- Launched 15 new plant-based protein products
- Averaged 35.5% recycled content in corrugated packaging
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- Working toward sustaining natural resources and achieving net zero
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- Achieved ZWTL gold-level validation at six U.S. plants in FY2022, where 95% to 99% of certain waste streams have been diverted from landfills
- Recognized by the North American Meat Institute this year for continuous environmental improvement at 44 plants
- Achieved 56% reduction in product processing waste during FY2022
