McCormick & Co Inc 2023 SR
The report highlights McCormick's progress toward its 2030 and 2050 sustainability goals under the pillars of People, Communities, and Planet. In 2023, the company achieved its goal of increasing the resilience of 90% of smallholder farmers growing its iconic herbs and spices, impacting over 44,500 individuals. McCormick's net-zero by 2050 target was validated by the Science Based Targets initiative, and the company reported a 40% reduction in Scope 1 and 2 emissions compared to a 2020 baseline. Additionally, 45% of global leadership positions are now held by women, and 91% of branded iconic raw materials are sustainably sourced. The company continues to innovate in sustainable packaging, with 81% of plastic packaging now being reusable, recyclable, or repurposable.
Company: McCormick & Co Inc
Sector: Consumer Staples
Country: United States
Year: 2023
Type: SR
Pages: 43
McCormick & Co Inc
Purpose-Led Performance Progress Report
The report highlights McCormick's progress toward its 2030 and 2050 sustainability goals under the pillars of People, Communities, and Planet. In 2023, the company achieved its goal of increasing the resilience of 90% of smallholder farmers growing its iconic herbs and spices, impacting over 44,500 individuals. McCormick's net-zero by 2050 target was validated by the Science Based Targets initiative, and the company reported a 40% reduction in Scope 1 and 2 emissions compared to a 2020 baseline. Additionally, 45% of global leadership positions are now held by women, and 91% of branded iconic raw materials are sustainably sourced. The company continues to innovate in sustainable packaging, with 81% of plastic packaging now being reusable, recyclable, or repurposable.
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Document Details
Report Year
2023
Reporting Period
Dec 1, 2022 - Nov 30, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women in Management
Net Zero Target