Climate Change Data

Environmental Metrics

ESG Focus Areas

• Better Planet
• Good Food
• Stronger Communities

Environmental Achievements

• Reduced greenhouse gas emissions by more than 15,300 metric tons
• Conserved more than 365 million gallons of water
• Eliminated 16 tons of waste
• Optimized and improved packaging while using 2.3 million pounds less material
• Diverted more than 94 percent of solid waste generated from facilities to more beneficial use

Social Achievements

• More than 2,100 employees volunteered more than 5,800 hours to help reduce hunger in their communities, resulting in more than 620,000 meals packed for those suffering from food insecurity
• 100% of ConAgra Foods full-time production facilities continued to be certified by Global Food Safety Initiative standards
• Donated more than 27.1 million pounds of edible food to the Feeding America network

Governance Achievements

• Citizenship strategy overseen by senior executives and the Board of Directors’ Nominating, Governance and Public Affairs Committee
• Established a cross-functional management team to develop and manage the Citizenship strategy
• Implemented a robust Environmental Management System to proactively manage environmental issues

Climate Goals & Targets

Environmental Challenges

• Climate change impacting agricultural supply base and water supply
• Water scarcity and stringent water quality regulations
• Food waste generating methane gas and representing a loss of ingredients
• Potential extended product responsibility (EPR) programs changing the business model around packaging recycling
• Product recalls due to manufacturing practices or contaminated ingredients
• Unsafe working conditions leading to high injury rates
• Risk of being perceived as a burden on local communities

Mitigation Strategies

• Collaborating with growers on sustainable agriculture programs
• Improving energy and transportation efficiency
• Encouraging sustainable product and process innovation
• Reducing food waste through better practices and yield improvements
• Optimizing packaging through source reductions and increasing recycled content
• Achieving Global Food Safety Initiative (GFSI) certification
• Influencing third parties in the supply chain to achieve GFSI certification
• Improving workplace safety and encouraging safe working behaviors
• Establishing a clearly defined social platform for charitable contributions and community outreach

Supply Chain Management

Supplier Audits: 236 total facility audits, 119 at supplier locations

Responsible Procurement

• Supplier Code of Conduct outlining expectations for labor practices, human rights, animal welfare, and environmental performance
• Collaboration with suppliers to implement sustainable agriculture practices
• Purchasing palm oil from RSPO members

Climate-Related Risks & Opportunities

Physical Risks

• Changing weather patterns affecting crop yields

Transition Risks

• Regulatory costs related to carbon emissions

Opportunities

• Reducing operating costs through energy and transportation efficiency
• Improving climate resiliency
• Sustainable product and process innovation

Reporting Standards

Frameworks Used: GRI G4 Sustainability Reporting Guidelines, Food Sector Supplement

Third-party Assurance: Bureau Veritas North America, Inc. (environmental data only)

Sustainable Products & Innovation

• Redesigned Banquet® frozen meals with more efficient packaging
• Transitioned to a new, two-piece can technology to eliminate BPA coatings and reduce packaging use

Awards & Recognition

• Ranked No. 1 among large food companies for providing healthier food choices (2015 HealthFocus® survey)

Environmental Metrics

ESG Focus Areas

• Better Planet
• Good Food
• Responsible Sourcing
• Stronger Communities

Environmental Achievements

• Decreased carbon footprint by 2,100 metric tons (cumulative since 2009)
• Conserved water by 245 million gallons (cumulative since 2009)
• Solid waste diverted by 8,700 tons (FY2017), 205,400 tons (cumulative since 2009)
• Solid waste reduced by 660 tons (FY2017), 84,400 tons (cumulative since 2009)
• Packaging reduced by 3,800 tons (FY2017), 30,700 tons (cumulative since 2009)
• Cost savings of $5.0 million (FY2017), $232 million (cumulative since 2009) from sustainability initiatives
• 81.7% of solid waste diverted from landfill in FY2017, avoiding 131,520 metric tons of Scope 3 GHG emissions
• Reduced more than 390 metric tons of greenhouse gas at Orville Redenbacher’s facility in Rensselaer, Ind.
• Reduced more than 10,000 decatherms of natural gas and 545 fewer tons of greenhouse gas emissions at Hunt’s tomato facility in Oakdale, Calif.
• Saved more than 270,000 kilowatt hours per year at Archbold, Ohio facility by switching to LED lights
• Reduced total electricity use by 9% and natural gas use by 15% since FY2008
• Decreased total water use by 26.5 percent compared to fiscal year 2008
• Water intensity decreased by 7.8 percent since FY2008
• Conserved more than 132,000 gallons per day of water at Council Bluffs, Iowa facility
• Conserved 5.4 million gallons of water annually at Marshall, Mo. facility
• Conserved 2.8 million gallons of potable water annually at Marshall, Mo. facility
• 12% of water used in facilities recycled and used for irrigation
• Reduced 37.5 tons of wastewater chemicals per year at Russellville, Arkansas facility

Social Achievements

• Launched Hunt’s Recipe Ready Tomato Paste pouches, potentially saving up to 2.2 million pounds of wasted paste
• Reduced plastic use by 600,000 pounds in FY2017 for Peter Pan peanut butter jars
• Discontinued use of BPA and vinyl in all food-contact packaging linings
• Donated 20.4 million lbs. of edible food to Feeding America network in FY2017 (equivalent of 17 million meals)
• 130 tons of food waste eliminated at Newport, Tenn. facility
• 173 tons of food and packaging waste eliminated at Menomonie, Wis. facility
• Diverted 2,000 tons of peanuts to animal feed per year at Sylvester, Ga. facility
• Diverted 75 tons of waste from landfill per year at Streator, Ill. facility
• Donated 492,000 pounds of pizza and 503,000 pounds of meat snacks to Forgotten Harvest in FY2017
• Composted approximately 3,000 tons of food waste at two Missouri facilities
• More than 15,000 tons of material waste eliminated at nine Zero Waste Champion facilities
• Successfully raised more than $564,263 for United Way
• Conagra employees logged close to 7,000 hours of volunteer work during annual month of service
• 2,397 employees engaged in 89 volunteer projects during Month of Service, providing 6,881 volunteer hours and generating the equivalent of 430,851 meals

Governance Achievements

• Established a Citizenship Steering Committee to oversee sustainability strategy
• Refreshed materiality assessment to reflect current business strategy and stakeholder dialogues
• Launched a Supplier Excellence Program for top direct material suppliers (80% of direct materials spend)
• Instituted a Supplier Advisory Board to engage key suppliers
• Implemented a new talent development strategy and philosophy for employee development
• Received a 100 percent rating on the Human Rights Campaign Index for 2017

Climate Goals & Targets

Environmental Challenges

• Climate change impacting agricultural supply base and water supply
• Food waste representing a critical loss of ingredients and creating methane emissions
• Potential extended product responsibility (EPR) programs changing the business model around packaging recycling
• Water scarcity and stringent water quality regulations affecting operations
• Need to help consumers balance nutrition with taste preferences, lifestyles, and budgets
• Risk of product recalls due to manufacturing practices or contaminated ingredients
• Need for accurate product labeling to maintain consumer trust
• Attracting and retaining employees in a competitive job market
• Maintaining safe working conditions to reduce injuries and costs
• Being perceived as a burden on local communities

Mitigation Strategies

• Greenhouse gas management program focused on energy efficiency
• Waste reduction program with individual plant targets and a “zero loss” philosophy
• Sustainable transportation strategy focused on pallet efficiency, transportation mode optimization, and fleet efficiency
• Water resource strategy managing water use and quality across the value chain
• Integrating consumer insights and nutrition science into product development
• Rigorous food safety and quality policies and procedures, including GFSI certification
• Continual improvement of food labeling systems and root cause analysis for errors
• Investing in employee professional development and career advancement programs
• Implementing safety initiatives, including safety audits, inspections, and training
• Holistic approach to community investment combining product donations, employee volunteerism, and cash contributions

Supply Chain Management

Supplier Audits: 170 total facility audits in FY2017 (company facilities, co-manufacturers, domestic and international suppliers)

Responsible Procurement

• Supplier Code of Conduct
• Global Food Safety Initiative (GFSI) standards
• Supplier Excellence Program
• Supplier Advisory Board

Climate-Related Risks & Opportunities

Physical Risks

• Changing weather patterns affecting crop yields

Transition Risks

• Regulatory costs related to carbon emissions

Opportunities

• Improving energy and transportation efficiency
• Sustainable product and process innovation

Reporting Standards

Frameworks Used: GRI G4 Sustainability Reporting Guidelines, Food Sector Supplement

Third-party Assurance: Bureau Veritas North America, Inc. (environmental data only)

Sustainable Products & Innovation

• Hunt’s Recipe Ready Tomato Paste pouches
• Peter Pan peanut butter jars with less plastic

Environmental Metrics

ESG Focus Areas

• Greenhouse Gas Emissions
• Energy Use
• Water Use
• Waste Management

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards

Certifications:

Third-party Assurance: APEX Companies, LLC

UN Sustainable Development Goals

• Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Good Food
• Responsible Sourcing
• Better Planet
• Stronger Communities

Environmental Achievements

• Conserved 120 million gallons of water through the employee-led Sustainable Development Awards program.
• Decreased carbon footprint by 15,700 metric tons through the employee-led Sustainable Development Awards program.
• Reduced waste by more than 5,700 tons through the employee-led Sustainable Development Awards program.
• Reduced the carbon footprint of packaging manufacturing for Healthy Choice® Power Bowls, Hungry-Man® Double Meat Bowls, and P.F. Chang’s® single-serve meals by 50–70% by using plant-based fiber bowls instead of plastic.
• Avoided the use of more than 4.5 million pounds of plastic packaging, with one million pounds avoided in 2020 alone.

Social Achievements

• Donated more than 30 million pounds of food to Feeding America and its network of food banks (equivalent of 25 million meals).
• Achieved a 100% score on the Human Rights Campaign’s Corporate Equality Index for the sixth consecutive year.
• Recognized as one of the 50 most community-minded companies in the nation by Civic 50 for the second consecutive year.
• Launched culinary internships for young adults from underrepresented communities in partnership with Impact Culinary Training and The Hatchery Chicago.
• Launched a six-week food packaging design mentorship program for Chicago-area high school students from diverse communities in partnership with SocialWorks.

Governance Achievements

• Implemented a robust Environmental Management System to proactively manage environmental issues and share best practices among facilities.
• Conagra Brands’ 2020 CDP Climate Change response earned a Leadership A- score.
• Conagra Brands’ 2020 CDP Water response earned a Leadership A- score.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and its impact on food insecurity and workplace safety.
• Reducing the environmental impact of packaging.
• Addressing water risk in high-risk areas.

Mitigation Strategies

• Implemented preventative measures to keep employees safe and healthy during the COVID-19 pandemic.
• Committed more than $13 million in special bonuses for front-line employees and continued to pay employees unable to work due to COVID-19.
• Provided product donations and cash contributions to address increased food insecurity.
• Committed to making 100% of current plastic packaging renewable, recyclable, or compostable by 2025.
• Implemented water conservation efforts at high-risk facilities.

Supply Chain Management

Supplier Audits: Approximately 80% of Tier 1 suppliers have completed GFSI-recognized certification; annual ESG risk-related performance and disclosure assessments for top direct material suppliers.

Responsible Procurement

• Supplier Code of Conduct
• Supplier Excellence Program

Climate-Related Risks & Opportunities

Physical Risks

• Climate change affecting agricultural industries and food production

Transition Risks

• Regulatory changes

Opportunities

• Development of energy-efficient products and processes

Reporting Standards

Frameworks Used: SASB

Certifications: Null

Third-party Assurance: APEX Companies, LLC (for environmental data in Better Planet section)

UN Sustainable Development Goals

• 2, 3, 6, 7, 8, 9, 11, 12, 13, 14, 15, 16, 17

Conagra Brands’ CSR efforts support components of the UN Sustainable Development Goals.

Sustainable Products & Innovation

• Gardein® plant-based products; Healthy Choice® Power Bowls; plant-based fiber packaging; Swiss Miss® recyclable cube packaging.

Awards & Recognition

• Civic 50 honoree; LATINA Style magazine recognition for Latino Leadership Employee Resource Group.

Environmental Metrics

ESG Focus Areas

• Climate Change
• Packaging Sustainability
• Resource Efficiency
• Supplier Engagement
• Biodiversity

Environmental Achievements

• Reduced estimated absolute Scope 1 and 2 emissions approximately 11.8% from our 2020 baseline.
• Reduced estimated Scope 3 emissions approximately 5.2% per metric ton of material sourced from our 2020 baseline.
• Achieved 93% of packaging made with renewable, recyclable, or compostable materials (target 100% by 2025).
• Nearly $9 million in company savings from employee-led sustainability projects (FY22).

Social Achievements

• Launched Sustainability Learning Series for Packaging Development, Science and Technology, and Procurement organizations.
• Recognized top performing suppliers at Supplier Excellence Summit for sustainability and diversity & inclusion.

Governance Achievements

• Board-level oversight of climate-related issues through the Nominating and Corporate Governance Committee.
• Incentives for management of climate-related issues through monetary and non-monetary rewards.

Climate Goals & Targets

Environmental Challenges

• Climate change affecting agricultural industries and raw ingredient sourcing.
• Balancing climate goals with consumer access to quality, affordable food.
• Dependence on technology evolution for climate solutions.
• Supply chain disruptions

Mitigation Strategies

• Science-based targets for emissions reduction (Scope 1, 2, and 3).
• Investment in R&D for sustainable packaging and plant-based proteins.
• Supplier Excellence Program for risk management and sustainability assessment.
• Sustainable Development Awards program to incentivize employee-led sustainability projects.

Supply Chain Management

Supplier Audits: At least annually for key suppliers.

Responsible Procurement

• Supplier Excellence Program
• Code of Conduct (requiring compliance with all applicable laws and regulations)

Climate-Related Risks & Opportunities

Physical Risks

• Supply chain disruptions due to climate events

Transition Risks

• Regulatory changes
• Market shifts
• Changing consumer demands

Opportunities

• Reduced operating costs through energy and water efficiency, waste reduction, and materials optimization.

Reporting Standards

Frameworks Used: Greenhouse Gas Protocol, Science Based Targets initiative (SBTi)

Third-party Assurance: Third-party limited assurance provided by an unnamed firm.

Sustainable Products & Innovation

• Gardein Ultimate Plant-Based Chick’n
• Plant-based protein and sustainable packaging innovations

Environmental Metrics

Social Achievements

• Occupational Safety and Health Administration Incident Rate was 1.40 incidents per 100 full-time workers in fiscal 2024, compared to 1.58 in fiscal 2023 and 1.67 in fiscal 2022. There were no fatalities.

Climate Goals & Targets

Environmental Challenges

• Lower consumption trends, consumer behavior shifts, and strategic trade investment as consumers adapt to new reference prices.
• Commodity cost fluctuations, labor cost inflation, input cost inflation, supply chain disruptions, and other global macroeconomic challenges.
• Supply chain disruptions due to third-party vendor system shutdowns (cybersecurity incident).

Mitigation Strategies

• Higher productivity, lower transportation costs, and lower inventory write-offs.
• Increasing productivity, cutting costs, increasing pricing, and commodity hedging.
• Initiatives to counteract pressures from larger, more sophisticated customers.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Adverse weather conditions and natural disasters impacting raw material supply and production.

Transition Risks

• Increased government regulations to limit greenhouse gas emissions.