The Compleat Food Group’s first ESG Report highlights commitment to sustainable food production
The Compleat Food Group has published its first ever ESG Report highlighting the company’s key achievements including establishing a new approach to reduce emissions at a product level.
This process involved carrying out a full life cycle analysis (LCA) – an analysis technique that identifies environmental impacts associated with all stages of a product’s life – on all branded lines. The Compleat Food Group will now use this data to make targeted reductions in environmental impact through existing product development (EPD) reformulations.
The group’s net zero carbon emissions targets have also been validated by the Science Based Targets initiative (SBTi), which will help them to keep global temperature increases below 1.5°C. Both achievements are part of plans to achieve the company’s ambitious ESG goals, which include becoming a net zero business by 2035 for its own operations and by 2040 for its value chain.
The Compleat Food Group has also made significant strides towards its goal of scaling its social value tenfold by 2035. It has celebrated donating one million meals to FareShare, who redistribute its edible food waste and surplus to those in need, as well as raising more than £150,000 for other local charities such as youth sports teams and scout groups.
This follows the group reaching a major milestone of £1 million raised for international hunger charity Action Against Hunger in 2022, which it achieved through its unearthed brand donating 1p from every pack of its products sold. The money raised has helped to save 23,000 lives globally from life-threatening hunger.
David Moore, head of ESG at The Compleat Food Group, said the food company’s success and future achievements are “inextricably linked to our approach to ESG”.
“This is why we’re passionate about building a strong and resilient company that delivers sustainability hand-in-hand with financial growth,” Moore explained.
“This year has been extremely important for us on our journey to reach our ESG goals, developing comprehensive new strategies for a range of issues including decarbonisation, biodiversity, human rights and community investment, as well as improving data systems so we can report on our progress with greater accuracy.
“We’re pleased with what we have accomplished so far, and although there’s still lots of work to be done, we’re confident we’ll achieve and exceed our ambitious targets, as we deliver on our mission to create Food to Feel Good.”
To read the full ESG Report, visit: https://www.compleatfood.com/impact/
