Climate Change Data

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)