Climate Change Data

Environmental Metrics

ESG Focus Areas

• Health and Safety
• Diversity and Inclusion
• Ethical Sourcing
• Environmental Sustainability
• Employee Engagement

Environmental Achievements

• Reduced primary energy per tonne of product by 1% (12.6% over three years in UK manufacturing)
• Reduced solid waste generated per tonne of production by 7.4% over three years in UK manufacturing
• Reduced water consumption per tonne of product by 1.8% (4.9% reduction over three years in UK manufacturing)
• Increased recycling rates in UK manufacturing operations
• Redistributed 526 tonnes of food product that would otherwise have gone to waste

Social Achievements

• Reduced Group Accident Incident Rate from 0.73 to 0.57 accidents per 100 employees
• 50% reduction in total OSHA recordable injuries in the US
• 72% reduction in lost work day incident rate in the US
• Provided 2,400 skills for work training opportunities for young unemployed people
• Increased employee engagement from 77% to 79%
• 82% of employees indicated they are happy working for Greencore

Governance Achievements

• Implemented a comprehensive environmental, health and safety program in the US
• All UK sites are third-party BRC ‘A’ grade accredited
• Implemented a raw material integrity program to minimize vulnerability to food fraud
• 99% of palm oil in raw materials moved to segregated or mass balance supply chain models

Climate Goals & Targets

Environmental Challenges

• Increase in GHG emissions due to increased production levels, new contracts, and incidents with refrigerant plants
• Need for innovative approaches to further reduce salt and other public health sensitive nutrients in products

Mitigation Strategies

• Energy efficiency improvements offsetting slight increase in absolute electricity consumption
• Implementing lean programs focused on waste elimination and minimization
• Water conservation efforts within Prepared Meals division
• Participation in a competition to secure R&D funding to reduce salt and fat levels in quiche products

Supply Chain Management

Supplier Audits: 170 physical audits (including 45 overseas) and 824 desktop approvals

Responsible Procurement

• Requirement for all raw material suppliers to be accredited to BRC or equivalent standard
• Encouraging SEDEX registration among suppliers
• Compliance with Article 4 of the European Convention on Human Rights on the prohibition of slavery and forced labour

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: OHSAS18001 (nine sites), BRC ‘A’ grade (all UK sites), BRC or SQF (US facilities), MSC (five Food to Go sites), RSPO (multi-site supply chain certification for UK facilities using palm oil)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Prepared Meals division ethical award from key customer
• RoSPA awards (silver and gold)
• President’s award for Northampton site

Environmental Metrics

ESG Focus Areas

• Health and Safety
• Diversity and Inclusion
• Ethical Sourcing
• Environmental Sustainability
• Food Safety and Quality
• Innovation
• Employee Engagement

Environmental Achievements

• 1.4% reduction in primary energy per tonne of production (UK manufacturing)
• 23% decrease in carbon intensity (Group)
• No waste sent to landfill (UK manufacturing)
• 746 tonnes of food redistributed (UK)

Social Achievements

• Launched Greencore Qualifications program (UK)
• High employee engagement score (81%)
• Approximately 1,000 Greencore Way Awards given
• Manton Wood team received ‘National Employer Award’
• 41% of all employees were female (Group)

Governance Achievements

• Implemented three lines of defense for health and safety governance (UK)
• Upgraded health and safety system (US)
• 10 sites independently accredited to OHSAS 18001
• Compliance with UK regulations on eligibility to work and ETI base code audited

Climate Goals & Targets

Environmental Challenges

• Increase in US accident incidence rate due to acquisition
• Maintaining water consumption reduction in food processing
• Growth of business leading to increased transport emissions

Mitigation Strategies

• Upgraded health and safety system and added personnel
• Prioritized effluent treatment improvements
• Exploring science-based targets for GHG reduction

Supply Chain Management

Supplier Audits: 189 physical audits + 802 desktop approvals (UK)

Responsible Procurement

• SEDEX registration for suppliers
• Stronger Together campaign adherence
• FNET membership

Climate-Related Risks & Opportunities

Awards & Recognition

• Own Label Supplier of the Year
• Food to Go Manufacturer of the Year
• Awards at Own Label Food and Drink Awards
• Awards from Free From Foods Matter

Environmental Metrics

ESG Focus Areas

• Climate change
• Resource scarcity
• Biodiversity
• Human rights
• Food inequality
• Malnutrition
• Waste
• Healthier and sustainable diets
• Community engagement

Environmental Achievements

• Reduced operational energy consumption by 15% since FY17
• Launched a plastic-free, fully recyclable sandwich skillet (in market trials)
• Set externally verified 1.5°C aligned science-based targets for carbon reduction

Social Achievements

• Launched inclusion and diversity strategy with targets for 2025
• Increased colleague engagement rate from 69% to 74%
• Launched #StartsWithFood community engagement plans across all sites
• Donated 2 million meals to people in need

Governance Achievements

• Established a Sustainability Steering Committee and seven Sustainable Business Management Groups (SBMGs)
• Aligned reporting with GRI and SASB Standards
• Held first sustainability seminar for investors, colleagues, customers, and suppliers

Climate Goals & Targets

Environmental Challenges

• COVID-19 impacted progress on some sustainability projects
• Low soy transparency in the supply chain
• Addressing Scope 3 emissions (supply chain)
• Embedding sustainability considerations into new product development

Mitigation Strategies

• Developed a responsible sourcing code of conduct (to launch in FY22)
• Built a risk assessment model to assess sustainability risks associated with sourced ingredients
• Developed a Net Zero roadmap for a lead pilot site
• Launched #WarOnWaste pilot program to reduce food waste

Supply Chain Management

Supplier Audits: 97% of direct and key indirect suppliers connected to Sedex; 42% of ingredient and packaging suppliers underwent SMETA audit

Responsible Procurement

• Sustainability risk assessment model
• Human rights risk assessment model
• Responsible Sourcing Code of Conduct (to launch in FY22)

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB framework, TCFD

Certifications: BRC Global Standard for Food Safety

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

Not disclosed

Sustainable Products & Innovation

• Plastic-free, fully recyclable sandwich skillet
• Improved rice with extended shelf life

Awards & Recognition

• GroceryAid Gold supporter award

Environmental Metrics

ESG Focus Areas

• Responsible Sourcing
• Human Rights
• Net Zero
• Food Waste
• Communities
• Healthy and Sustainable Diets
• Sustainable Packaging
• Climate Transition
• Health and Safety
• Inclusion & Diversity

Environmental Achievements

• Reduced Scope 3 emissions intensity by 3% vs FY19 base year
• Achieved 100% responsibly-sourced palm oil in core operations
• Achieved 100% responsibly-sourced tuna
• Achieved 100% responsibly-sourced wild-caught fish
• Achieved 100% responsibly-sourced warm-water prawns
• Reduced food waste by 16.1% from FY17 baseline
• Removed over 13 tonnes of plastic from quiche packaging
• Saved over 10 million units of plastic annually from sushi packaging changes
• Removed 60 tonnes of material annually from premium sandwich packaging changes
• Launched 'Tray to Tray' initiative to produce ready meal trays from recycled materials

Social Achievements

• Introduced Greencore Human Rights Assessment for higher-risk suppliers
• Redistributed over 770 tonnes of edible food waste (1.8 million meals)
• Established 10 discounted on-site staff shops
• Trained 169 hiring managers in ethical and inclusive recruitment (exceeding target)
• Launched Menopause Policy
• Introduced free menstrual products
• Invested £500,000 in apprenticeships for under-represented groups

Governance Achievements

• Introduced Plan Ownership Model for sustainability initiatives
• Established Sustainability Committee of the Board (SusCo)
• Enhanced Board focus on ESG data integration into strategy discussions
• Developed multi-year Transparency Roadmap for data and reporting

Climate Goals & Targets

Environmental Challenges

• Slowdown in delivery momentum of Better Future Plan
• Data and reporting challenges
• Balancing short-term cost-of-living challenges with long-term sustainability goals
• Supply chain disruptions
• Increased expectations of ESG reporting
• Climate skills gap across the industry
• Scope 3 emissions reduction
• Packaging challenges (recyclability, consumer acceptance, cost)
• Data quality and availability for health and sustainability metrics
• Recyclate availability for packaging materials
• Legislative approval of recycled materials
• Consumer acceptance of alternative materials to plastic

Mitigation Strategies

• Transitioned to Plan Ownership Model
• Increased investment in data and reporting capabilities
• Developed detailed roadmaps for key areas
• Upskilling programme for Plan Owners, Executive Leadership, and Board
• Improved data sourcing and reporting processes
• Collaboration with customers and suppliers
• Exploring opportunities for direct renewable energy and PPAs
• Investing in effluent treatment
• Exploring energy-efficient motor technology
• Transitioning logistics fleet to EVs
• Partnering with Mondra for product footprinting
• Working with suppliers to reduce Scope 3 emissions
• Focusing on waste avoidance in food waste reduction
• Developing a five-year Food Waste Roadmap
• Developing a Water Management Roadmap
• Developing a multi-year Transparency Roadmap

Supply Chain Management

Supplier Audits: 45% of ingredient and packaging suppliers underwent SMETA audit

Responsible Procurement

• Responsible Sourcing Code of Conduct
• Supplier sustainability requirements
• Engagement with key suppliers on Scope 3 emissions
• Deforestation-free soy requirement

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Disruption to raw materials and ingredient availability

Transition Risks

• Changing consumer demands
• Regulatory changes

Opportunities

• Development of energy-efficient products
• Renewable energy generation
• Circular economy initiatives

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: BRCGS Global Food Safety Standard

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

Initiatives contribute to these goals through emissions reduction, waste reduction, responsible sourcing, and community engagement.

Sustainable Products & Innovation

• Reduced-meat Spaghetti Bolognese and Lasagne
• 'Tray to Tray' initiative for ready meal trays

Awards & Recognition

• RoSPA Highly Commended Award (Northampton site)

Environmental Metrics

ESG Focus Areas

• Responsible sourcing
• Human rights
• Net zero (energy)
• Food waste
• Communities
• Healthy and sustainable diets
• Sustainable packaging
• Ethics and modern slavery
• Inclusion and diversity
• Climate transition

Environmental Achievements

• 99.98% of palm oil ingredients from RSPO certified sources
• 43% of soy is deforestation-free
• 100% of tuna sourced from pole and line fishing, MSC-certified fisheries or those with a Fishery Improvement Project
• 100% of cold-water prawns from MSC fisheries
• 100% of warm-water prawns are Best Aquaculture Practices 4 star
• 100% of wild caught fish are sustainability sourced
• 100% of fresh produce raw materials grown in accordance with Red Tractor (UK) or Global GAP standards
• 16.1% reduction from our base year in food waste
• Disposal of Trilby Trading Limited, expected to result in the removal of c.280,000 tonnes of CO2e from FY24 Scope 3 footprint

Social Achievements

• Redistributed the equivalent of 1.83m meals through food redistribution partnerships
• Improved overall sustainable engagement scores from 74% to 76%
• Launched new Responsible Sourcing Code of Conduct
• Expanded reverse mentoring programme
• Introduced a Menopause Policy
• Invested in building a new programme into our Grow with Greencore offer to ensure fair and consistent selection process

Governance Achievements

• Established a new Sustainability Committee
• Refreshed the Sustainability Oversight Committee
• Annual anti-bribery and corruption training
• Completed Better Greencore change programme, delivering annualised benefits of £30m

Climate Goals & Targets

Environmental Challenges

• Unprecedented input costs inflation
• Significant external and internal disruption in recent years
• Continued inflationary pressures from increased labour, utilities and interest costs
• Progress to date in some sustainability areas has not been sufficient
• Data quality and availability challenges in sustainability reporting
• High reliance on labour
• Uncertain political, economic and social context, alongside wage inflation pressures
• Highly competitive markets
• Significant product innovations, technical advances and/or the intensification of price competition
• Failure to modernise and standardise IT estate
• Complex and constantly evolving cyber threat landscape
• Obligation to minimise environmental impact of operations
• Risks of product contamination
• Complex and constantly evolving regulatory landscape

Mitigation Strategies

• Implemented measures to improve Group profitability (inflation recovery)
• Better Greencore change programme
• Refreshed team and business model
• New Plan Ownership Model
• Focus on four sustainability priorities: energy, food waste, communities, and healthy and sustainable diets
• Improved data quality and reporting processes
• Flexibility in labour model, use of agency workers
• Increased automation in production processes
• Commercial and operational excellence programmes
• Investment in technology and IT modernisation
• Investment in cyber security defences and awareness programmes
• Investment in effluent treatment and waste management infrastructure
• Industry-leading food safety and traceability processes
• New food quality and safety training package
• Group Compliance Framework
• Enhanced risk management framework
• Regular risk monitoring and reporting

Supply Chain Management

Responsible Procurement

• Responsible Sourcing Code of Conduct
• Ethical risk assessments of raw materials
• Engagement with key suppliers on sustainability strategies

Climate-Related Risks & Opportunities

Physical Risks

• Heatwaves
• Drought
• Floods
• Storms
• Crop pests and animal diseases
• Changes in precipitation patterns
• Rising mean temperatures
• Rising sea levels

Transition Risks

• Increased costs from external infrastructure and energy transition planning
• Increased costs of energy sources
• Changing consumer preferences
• Advancements in technology resulting in transition to lower emissions technology

Opportunities

• Increased demand for sustainable food products
• Advancements in technology reducing operating costs

Reporting Standards

Frameworks Used: GRI, TCFD

UN Sustainable Development Goals

• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

Better Future Plan initiatives contribute to these goals

Sustainable Products & Innovation

• Freshly Prepared range (M&S)
• Kitchen Deli (Sainsbury’s)
• Christmas sandwich ranges
• Own label vegan and health products
• New range of cooking sauces
• Summer twists on quiche and picnic ranges

Environmental Metrics

ESG Focus Areas

• Climate and carbon
• Healthy and sustainable diets
• Nature
• Food safety
• Waste and food waste
• Employee health, safety and wellbeing
• Human rights and labour rights
• Plastic and packaging
• Water

Environmental Achievements

• Achieved our first absolute Scope 1 and 2 carbon emissions reduction against our 2019 base year, following four years of increases.
• Automated energy and water metering and submetering across all our sites to provide real-time insight into our consumption.
• 25% reduction in food waste, measured as a percentage of total food handled against FY17 baseline towards our target of 50% reduction by 2030
• Internal targets in place – absolute water withdrawal in manufacturing sites has decreased by 1.8%, although lower production levels have impacted overall water efficiency

Social Achievements

• Developed a product portfolio dashboard to improve monitoring and insights on NPM (Nutrient Profiling Model) scores and the number of Red Traffic Lights on all our products.
• Refreshed our Human Rights Due Diligence Framework, guided by the UN Principles, for our direct operations and global supply chain.
• Significantly updated Parenthood Policy
• Published our first combined Gender and Ethnicity Pay Report
• Increased focus on identifying surplus to redistribute to good causes
• Signatory of the Alliance Manufacturing programme, joining forces with others to contribute our surplus food

Governance Achievements

• Completed multi-year roadmap development across our Better Future topics, including a clear strategy for each area defining our vision, objectives, KPIs and levers for change.
• Embedded Plan Ownership and Executive Leadership Models, and included sustainability performance in our incentive and reward framework to drive change.

Climate Goals & Targets

Environmental Challenges

• Energy and water use remains significant, and while our ‘Reduce our impact’ initiatives have helped, we still have a long way to go to meet our targets.
• Many of our commitments, like 100% cage-free eggs, are enabled through customer alignment, while others, such as deforestation-free soy, require industry-wide transformation.
• Progress on our Scope 1 and 2 emissions has been slow despite all our efforts around energy metering, data, trend analysis and identification of technology and equipment investment priorities – it’s hard to keep momentum when results are not immediate.
• Decarbonising fleet remains challenging due to lack of suitable electric vehicles
• Access to the right high-quality data, to drive strategic business decision-making towards sustainability ambitions is an ongoing challenge.
• Getting traction on diversity representation throughout the business has been a challenge despite being on the agenda for several years.
• Achievement of both the cage-free eggs and vDFC targets are heavily influenced by our value chain and the broader industry.
• Managing risks in our global supply chain is an ongoing commitment.

Mitigation Strategies

• Increased our engagement with Plan Owners, hosting full-day workshops and monthly updates on progress and risks.
• Developed a Strategic Energy Framework to focus our efforts and drive change in our energy use and consumption.
• Built a bespoke Healthy and Sustainable Diets (HSD) database, to understand our product NPM and traffic light scores at a Group, portfolio and customer level
• Established a customer partnership on HSD, bringing our teams together to influence consumers to make better choices
• Implemented a structured Human Rights Due Diligence (HRDD) Framework aligned with the UN Guiding Principles on Business and Human Rights (UNGPs).
• Introduced a heat map in our human rights risk assessment process to better visualise and prioritise high-risk ingredient categories, suppliers and locations.
• Developed a multi-year engagement plan to better track supplier performance and collaborate on solutions.
• Established monthly working groups on cage-free eggs and vDCF soy, to help drive progress on our outstanding target areas.
• Allocated £7.8m capital for energy reduction and efficiency projects
• New waste management provider offering better data availability and quality
• Invested over £8m in wastewater treatment upgrades
• Improved data through automated sub-metering programme to enable external water KPI for FY25

Supply Chain Management

Supplier Audits: 100% of Greencore manufacturing sites with independent ethical audits in the last two years

Responsible Procurement

• Responsible Sourcing Policy
• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Plastic-free toastie packaging

Awards & Recognition

• Not disclosed