WALDEN LOCAL, INC.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Carbon Intensity:-19.4 lb CO2 / share for beef production
ESG Focus Areas
- Sustainable agriculture
- Animal welfare
- Environmental sustainability
- Community development
Environmental Achievements
- 18,286 metric tons of carbon sequestered annually through regenerative practices
- Increased acres in agricultural production using regenerative practices from 22,480 acres in 2022 to 19,662 acres in 2023
Social Achievements
- Donated 50,968 lbs of sustainably raised meat (~2% of member sales) to local charities through the '1% for the Hungry' program
- Partnered with 33 Massachusetts schools to supply 100% grass-fed beef for school meals
- Fully acquired Vermont Packinghouse, supporting local employment and processing services for small and mid-scale livestock producers
Governance Achievements
- Reincorporated as a public benefit corporation, prioritizing stakeholder interests over solely financial shareholders
- Achieved a B Corp Impact Score 35% higher than the qualifying score
Climate Goals & Targets
Environmental Challenges
- Extreme weather events
- Growing economic pressures
- Supply chain difficulties (particularly in the beef market due to droughts and high calf prices)
- Increased input costs and rising interest rates impacting partner farmers
Mitigation Strategies
- Piloted a program to purchase younger cattle ('feeders') and place them on partner farms, providing a predictable income stream for farmers
- Increased prices paid to cattle partners and remained significantly above market for all other animals purchased (201% premium relative to commodity pricing)
- Secured a federal grant to partner with Massachusetts schools, supporting regional food supply chains
Supply Chain Management
Responsible Procurement
- Purchasing 3,462,940 lbs of sustainably raised meat from area farms
- Premium paid to farmers (201% over mass commodity prices)
- Adherence to animal welfare standards (detailed in report)
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Economic pressures
- Supply chain disruptions
Opportunities
- Regenerative agriculture for carbon sequestration
Reporting Standards
Frameworks Used: B Corp
Certifications: Organic Certification (for some products), Global Animal Partnership (GAP) (for some products), Animal Welfare Approved (for some products), Regenified (for some products)