Tate & Lyle unveils progress against purpose targets in new report
Tate & Lyle PLC, global provider of food and beverage solutions and ingredients, has announced the publication of its Purpose Report 2021.
This interactive report, available in electronic format on Tate & Lyle’s website and via a link below, 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 the ambitious long-term purpose targets and commitments set out in 2020.
Nick Hampton, chief executive, Tate & Lyle said: “Our purpose is at the heart of our business, helping us to navigate an uncertain and constantly changing world. 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.”
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 ten years from 2020, for example: to remove nine million tonnes of sugar from people’s diets through our low-and no-calorie sweeteners and fibres by 2025; to provide over three million nutritious meals for people in need by 2025; and to deliver a 30% absolute reduction in Scope 1 and 2 greenhouse gas emissions by 2030. As part of the company’s Building Thriving Communities pillar, the Purpose Report 2021 also includes new targets to significantly progress equity, diversity & inclusion within the organisation.
The full Purpose Report 2021: Improving Lives for Generations is available to download here.
Tate & Lyle will report on the second year of progress against its purpose targets and commitments in 2022.