Performance Food Group Company recently released its fiscal year 2023 Environmental, Social and Governance (ESG) report. The annual report highlights the company’s progress toward achieving its ESG goals that focus on areas important to the business and company stakeholders.
“Since announcing our initial ESG goals in 2021, our journey has been marked by steady and consistent progress,” Craig Hoskins, president and chief operating officer, PFG, said in the announcement. “We are proud of the progress we’ve made in becoming more energy efficient, reducing our greenhouse gas emissions, eliminating waste, sourcing responsibly, and being an inclusive workplace. As we move forward, our focus remains on delivering on our ESG goals and ensuring our legacy continues to be one of positive impact and meaningful change for our associates, customers, suppliers, and the communities where we live and work.”
The 2023 ESG report highlights the progress made by PFG on its ESG goals previously shared in the company’s fiscal year 2021 and 2022 ESG reports. These include:
- In fiscal year 2023, PFG continued its focus on reducing power consumption at its facilities. To date, energy-efficient enhancements have been completed at six PFG facilities — with more planned in the future. In the last three years, the company has reduced its overall power intensity by 12%.
- PFG collaborated with external partners to install electric refrigeration technology on battery-electric trucks and trailers resulting in the direct, emissions-free distribution of refrigerated and frozen foods. The company plans to continue to utilize sustainable technologies as part of its fleet in the future.
- As part of its responsible sourcing program, PFG implemented processes for monitoring and verifying third-party certification of environmentally and socially responsible practices within the company’s supply chain. More than 90% of PFG-branded beef, pork, poultry, seafood, coffee and tea products meet the certification requirements.
- PFG monitors operational and food waste to ensure the company diverts as much waste as possible from landfills. The company has achieved its goal of an 80% diversion rate for operational waste seven years ahead of schedule.
- To increase supplier diversity, PFG continued to increase product sourcing with minority-, women-, veteran-, persons with disabilities-, and LGBTQ-owned businesses.
- PFG continues to integrate comprehensive diversity and inclusion strategies into its business and people practices.
PFG has introduced new goals in the fiscal year 2023 ESG report, which include:
- Reducing Scope 1 and Scope 2 greenhouse gas emission intensity by 30% by 2034.
- Ensuring 75% of non-food branded products will include sustainable options by fiscal year 2025.
- Surveying at least 80% of suppliers of PFG-branded products by 2030 in alignment with the supplier code of conduct. Survey topics include environmental management, human rights, animal welfare and supply chain management.
- Implementing a strategic plan that expands advocacy, associate volunteerism, and charitable contributions with organizations committed to fighting food insecurity, combating human trafficking, supporting healthier communities, and providing disaster relief. More information will be reported beginning with PFG’s fiscal year 2024 ESG report.
