Climate Change Data

Land O’Lakes, Inc.

Climate Impact & Sustainability Data (2017)

Reporting Period: 2017

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Sustainability
  • Community Investment
  • Farmer Well-being

Environmental Achievements

  • Launched Land O’Lakes SUSTAIN business to help evolve farmers' sustainability practices and reduce greenhouse gas emissions from the supply chain by 10 million metric tons by 2030.
  • Introduced Agren BufferBuilder, a conservation planning tool approved by the Minnesota Board of Water and Soil Resources as an alternative practice option under a new agricultural buffer law.
  • Expanded adoption of SoilVantage® technology to help farmers understand and manage soil erosion.

Social Achievements

  • Launched the Land O’Lakes Dairy Accelerator to generate new growth platforms for dairy.
  • Introduced BuyPoint Insurance Solutions (BIS) to help farmer-members find affordable healthcare plans.
  • Doubled donations to rural communities through member match programs.
  • Hosted the Land O’Lakes Farm Bowl to educate the public about modern agriculture.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Oversupply situations and prolonged market volatility in the food and agriculture industries.
  • Unprecedented consolidation and new competition.
  • Global milk powder prices declined by 30 cents over the course of the year.
  • Challenges in obtaining quality, affordable health insurance for co-op customers and farmer-members.
Mitigation Strategies
  • Aggressively leveraged a “value-added” approach to doing business, capturing value from the marketplace and passing it along to members.
  • Invested in Vermont Creamery to provide a platform for future branded growth.
  • Effectively managed risk to overcome challenging operating environments and outperform the market.
  • Introduced the Member Cooperative Health Plan and BuyPoint Insurance Solutions to provide affordable healthcare solutions.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Agren BufferBuilder
  • SoilVantage® technology

Awards & Recognition

  • Not disclosed