Our Purpose is to make people healthier and happier with nutritious and delicious, natural, plant-based food that is good for you and for our planet.
When people choose our plant-based products over of a dairy product, carbon emissions are avoided. These emissions add up: in 2020, our consumers avoided more than 6 million metric tonnes CO2e – that’s the same impact as planting 100 million seedlings.
We call that The Upside.
By striving to achieve our purpose, and helping more and more people switch to responsible plant-based eating, that Upside grows. That’s how we are delivering A Better Plant-Based Future.
Read our ESG ReportDownload Now
Upfield’s ESG report sets out our game plan for how we’re going to achieve our vision for ‘A Better Plant-Based Future’. The four focus areas are aligned with our business Purpose and outline a set of commitments and targets that will guide our decision making with the goal of increasing The Upside. Put simply, we are committed to supporting the transition of the global food system, innovating and investing in plant-based foods that will accelerate the adoption of plant- based diets, because plant-based diets are both better for you and for the planet.
The Case for Change
Since 1900 greenhouse gas emissions have increased by over 1000% causing global average temperatures to rise 1.2°C.
Plant-based diets are an independent mitigating factor for climate change.
Sedentary lifestyles and bad eating habits have resulted in increased rates of diet-related health issues like heart disease and diabetes. Plus we are living longer.
Plant-based diets help to increase your intake of fibre and nutrients, and reduce your risk of noncommunicable disease.
Limited Global Resources
According to the UN, the global population is expected to exceed 10 billion people by 2050 but the planet doesn’t have the land, water and other resources to feed them meat and dairy.
A plant-based diet makes better use of our limited global resources.
Our ESG strategy contributes to several of the United Nation’s Sustainable Development Goals.
At Upfield, we want to positively impact our planet, and the health of future generations through the decisions we make and the actions we take.
In 2020 we undertook a materiality assessment, a recognised stakeholder process for identifying and prioritising ESG risks, impacts and opportunities to ensure that our activities and resources focus on the areas where we can maximise our positive and minimise our negative impacts.
Working with a leading third-party sustainability consultancy, we identified a list of relevant ESG topics – drawing on frameworks like GRI and SASB – which was used to guide a series of interviews.
As part of the process we interviewed key external stakeholders including investors, customers, industry bodies, academics, suppliers, NGOs and a panel of young people to better understand their perspectives on key sustainability topics. We also interviewed our senior leadership team to understand their perspective on key topics for Upfield.
The output of this work can be seen in the materiality matrix.