Kellogg, Hershey among the worst, PepsiCo near the top
By As You Sow
Major food companies have begun promoting regenerative
agriculture practices within their supply chains and supply sheds, but the lack
of universal standards and regulations makes it difficult for investors to
measure the success of companies’ regenerative programs.
This report benchmarks major food manufacturers and
suppliers on their regenerative agriculture programs, policies, and goals,
providing a pathway for investors to assess company performance and long-term
value.
The scorecard grades 20 major food companies on 15 key
performance indicators designed to assess the companies’ regenerative
agriculture strategies and disclosures, display the industry’s overall
performance, distinguish leaders from laggards, and highlight notable
practices.
Company scores are based on a thorough review of publicly
available information, including companies’ published reports, webpages, and
press statements.
EDITOR'S NOTE: Top-rated McCains is a $16 billion Canadian company whose products are mainly potatoes, especially French fries. The second-ranked company, Lamb Weston, is an Idaho-based company that also sells potato products. Bottom-ranked B&G Foods sells a variety of well-known brands including Cream of Wheat, Crisco, Green Giant, Ortega, Polaner, B&M baked beans and their own brand of pickles. - Will Collette
RESULTS:Click HERE to download the report
The following 20 companies are included in this review
(listed alphabetically): Archer Daniels Midland (ADM), Bloch & Guggenheimer
(B&G) Food Inc., Campbell Soup Company, Cargill, Conagra Brands Inc.,
Danone, Fresh Del Monte Produce Inc., General Mills Inc., The Hershey Company,
Hormel Foods Corporation, The J. M. Smucker Company, WK Kellogg Company, The
Kraft Heinz Company, Lamb Weston Holdings Inc., Mars Inc., McCain Foods
Limited, Mondelēz International Inc., Nestlé, PepsiCo Inc., and Post Holdings
Inc.
Each company was given the opportunity to review the
information compiled in this report and provide additional information or
clarification.
Scorecard questions were developed to elicit key information
about regenerative agriculture in practice across supply chains. Questions
focus on transparency around companies’ regenerative agriculture goals and
intended outcomes, measurement and verification systems for tracking outcomes,
progress toward goals, and whether companies provide direct support for farmers
and the regenerative transition at large.