Climate Change Data

Post Holdings, Inc.

Climate Impact & Sustainability Data (2020, 2022, 2023, 2024)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:726,727 mtCO₂e (Scope 1 and 2 combined for 2020)
Scope 1 Emissions:380,092 mtCO₂e (2020)
Scope 2 Emissions:346,635 mtCO₂e (2020)
Water Consumption:1,282 million gallons (2020)
Waste Generated:119 million kg (2020)

ESG Focus Areas

  • Environmental Stewardship
  • Diversity, Equity and Inclusion
  • Governance
  • Animal Welfare
  • Cybersecurity/Privacy

Environmental Achievements

  • 20% decrease in natural gas usage at Post Consumer Brands, Battle Creek, Michigan, with a 40% increase in productivity.
  • 17.8% decrease in water use (1,282 million gallons) compared to 2019 (1,560 million gallons).
  • 67% of waste recycled or reused in 2020 compared to 43% in 2019.
  • 28% reduction in solid waste to landfills at Post Consumer Brands Jonesboro plant (2020-2021).
  • Weetabix achieved 99% recyclable packaging by summer 2022 (up from 93% in 2021), with a 9% reduction in carbon footprint for Weetabix On The Go Drinks and a 20% reduction for Weetabix cereal packaging.
  • Bob Evans Farms improved vehicle engine and powertrain optimization by 3.5% and decreased maintenance costs by 29%.

Social Achievements

  • Launched an enterprise-wide DEI initiative with a leading global consulting firm to assess DEI maturity across operating companies.
  • Bob Evans Farms partnered with a minority-owned local talent search firm, resulting in an 80+ worker increase at the Lima plant and a drop in attrition rate below 4%.
  • Weetabix developed an official “Inclusion Champion” role, showing improvements on every metric in its 2021 inclusion maturity survey.
  • Post Consumer Brands provided DEI training to over 1,000 employees between 2019 and 2020.
  • Donated product equivalent to more than 45 million bowls of cereal (Post Consumer Brands).

Governance Achievements

  • Implemented a Global Environment Health and Safety Policy (Global EHS Policy) and a Safety and Risk Management Process (SRMP).
  • Established an Employee Speak Up line staffed by an independent third-party provider.

Climate Goals & Targets

Medium-term Goals:
  • Reduce GHG emissions by 30% by 2030 (Scope 1 and 2).
Short-term Goals:
  • Develop a supply chain GHG goal (Scope 3) within 12 months.
  • Assess waste to landfill.
  • Adopt a “no deforestation” policy within the next year.
  • Assess water impact, particularly in high-stress environments.

Environmental Challenges

  • Supply shortages and environmental concerns.
  • High worker attrition rate at Bob Evans Farms Lima plant (over 10% monthly average).
  • COVID-19 pandemic impacting operations and employee well-being.
Mitigation Strategies
  • Implemented various COVID-19 safety measures (social distancing, PPE, etc.).
  • Partnered with a minority-owned talent search firm to address worker shortages.
  • Provided translators on the production floor at Bob Evans Farms Lima plant.
  • Continued to provide regular compensation and benefits to employees affected by COVID-19.

Supply Chain Management

Responsible Procurement
  • Post Holdings Supplier Code of Conduct
  • RSPO certified palm oil ingredients

Climate-Related Risks & Opportunities

Physical Risks
  • Coastal flooding
  • Inland flooding
  • Extreme weather events
  • Drought
  • Extreme heat
  • Water stress
Transition Risks
  • Enhanced GHG emission reporting obligations
  • Carbon pricing
  • Related national policy commitments

Reporting Standards

Frameworks Used: GRI, SASB

Sustainable Products & Innovation

  • Airly crackers (climate-positive oats)

Awards & Recognition

  • Premier Nutrition Company named a Top Corporate Philanthropist by the San Francisco Business Times (2021)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:306,174 mtCO2e (Scope 1 and 2)
Scope 1 Emissions:306,174 mtCO2e
Scope 2 Emissions:274,252 mtCO2e
Scope 3 Emissions:3,826,182 mtCO2e (estimated using spend-based method)
Water Consumption:1,241 million gallons
Waste Generated:866.7 million pounds (non-hazardous)

ESG Focus Areas

  • Sourcing Responsibility
  • Operational Responsibility
  • Product Responsibility
  • Social Responsibility

Environmental Achievements

  • 10.2% reduction in Scope 1 and 2 GHG emissions compared to the FY2020 baseline.
  • Weetabix transitioned to 100% renewable electricity.
  • 90% overall diversion from landfill rate for all non-hazardous waste generated.

Social Achievements

  • Launched an enhanced Global Code of Conduct.
  • Continued to enhance and evolve animal welfare policies and practices.
  • Supported hundreds of events and organizations in the communities where we live and work.

Governance Achievements

  • Launched a new Responsibility section on our website.
  • Published a Diversity, Equity and Inclusion Newsletter and an ESG Newsletter.
  • Launched an enhanced Global Code of Conduct.

Climate Goals & Targets

Long-term Goals:
  • Weetabix aims to operate as a net-zero business by 2050.
Medium-term Goals:
  • Reduce GHG emissions by 10-15% (Phase 5 of GHG Goal Roadmap).
  • Achieve 30% reduction in Scope 1 and 2 GHG emissions by 2030.
  • Post Consumer Brands to achieve 100% recyclable cereal packaging by 2025.
Short-term Goals:
  • Reduce GHG emissions by 5-10% (Phase 3-4 of GHG Goal Roadmap).

Environmental Challenges

  • Supply chain disruptions
  • Diverse and continuously evolving ESG expectations from constituents.
  • Managing competing priorities as stewards of capital.
Mitigation Strategies
  • Enhanced disclosures, including a new Responsibility section on the website and proactive management of investor rating profiles.
  • Standardization of practices and processes across the enterprise (environmental accounting, internal ESG Guidelines, supplier qualification, assurance and traceability).
  • Collaboration with key functions (legal, procurement, communications, etc.).

Supply Chain Management

Supplier Audits: Approximately 50 EHS&S audits across sites; Supplier ESG Survey piloted.

Responsible Procurement
  • Post Supplier Code of Conduct
  • Supplier Qualification and Assurance Program
  • No Deforestation Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
  • Flooding
  • Drought
  • Heat waves
  • Coastal floods
  • Sea level rise
Transition Risks
  • Regulatory changes
  • Market shifts
  • Carbon pricing mechanisms
Opportunities
  • Resource efficiency
  • Energy sourcing
  • New products and services
  • New markets
  • Business resilience

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

UN Sustainable Development Goals

  • SDG 6 (Clean Water and Sanitation)
  • SDG 13 (Climate Action)

Initiatives related to water stewardship and GHG emissions reduction.

Sustainable Products & Innovation

  • Airly® snack brand (climate-friendly)

Awards & Recognition

  • Weetabix received GroceryAid Gold Award for the seventh year running.

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:339,000 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:339,000 tCO2e/year
Scope 2 Emissions:282,000 tCO2e/year
Scope 3 Emissions:4,380,665 tCO2e/year (estimated)
Water Consumption:1,033 million gallons/year
Waste Generated:81 million lbs/year (nonhazardous)
Carbon Intensity:Reduced GHG emissions intensity for scope 1 & 2 and targeted scope 3 reductions.

ESG Focus Areas

  • Sourcing Responsibility
  • Operational Responsibility
  • Product Responsibility
  • Social Responsibility

Environmental Achievements

  • 24% GHG emissions reductions and cost savings achieved through reduced miles and investment in new fuel-efficient trucks in private fleet.
  • 88% landfill diversion rate achieved.
  • 6% decrease in total water use and a 21% decrease in water use intensity compared to FY2020 baseline.
  • 18% decrease in scope 1 and 2 GHG emissions intensity based on production volume compared to FY20 baseline.
  • Weetabix achieved 100% recyclable packaging across all brands in late calendar year 2022.
  • Weetabix reduced plastic coating thickness in wrap by 59%, saving more than 200 metric tons of plastic each year.

Social Achievements

  • 1,362 promotions awarded in fiscal year 2023 (12% promotion rate).
  • $7M increase in community food donations in FY23 (11.5M lbs+ total).
  • Launched a new onboarding process at Michael Foods, resulting in >50% reduction in new onboard attrition.

Governance Achievements

  • Launched an enhanced Global Code of Conduct in 2022.
  • Established a robust Supplier Qualification and Assurance Program.
  • Completed a data analytics initiative to map the end-to-end flow of purchased ingredients and materials.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050 (Weetabix)
Medium-term Goals:
  • 30% reduction in scope 1 and 2 GHG emissions by 2030.
  • 30% reduction in scope 3 GHG emissions intensity from sourced ingredients and packaging by 2030.
  • Divert greater than 95% of all nonhazardous waste from landfill disposal.
  • Achieve 100% recyclable cereal packaging (Post Consumer Brands by 2025).
Short-term Goals:
  • Reduce water consumption by 20% by 2025 (Weetabix)
  • Maintain Animal Welfare Committee with third-party experts.
  • Develop an enterprise-aligned Animal Welfare Position.
  • Enhance EHS&S data collection processes.
  • Define internal KPIs for EHS&S performance.
  • Develop and publish an EHS&S data management and calculation methodology.
  • Evaluate renewable energy options for Bob Evans Farms and 8th Avenue Food & Provisions.
  • Enhance processes for inventorying projects with GHG reductions.
  • Develop and maintain 2030 goal roadmaps for each business and the enterprise.
  • Enhance waste data collection processes and accurately track landfill diversion.
  • Conduct an annual assessment of water and biodiversity impacts from operations and sourcing.
  • Launch an internal Packaging Share Group.
  • Conduct an annual assessment of H2R label use across each business.
  • Develop baseline sustainable packaging roadmaps for each business.
  • Define industry-aligned metrics and disclosures for responsible marketing.
  • Conduct benchmarking of DEI approach and progress.
  • Develop recommendations based upon benchmarking and associated action plans.

Environmental Challenges

  • Supply chain disruptions
  • Scope 3 GHG emissions reduction
  • Water stress in certain regions
  • Maintaining biodiversity near operational sites
  • Ensuring sustainable sourcing of commodities
Mitigation Strategies
  • Developed an enterprise roadmap to achieve 2030 scope 3 GHG emissions goal.
  • Joined CDP Supply Chain and Supplier LOCT programs to support suppliers in GHG emissions reductions.
  • Enhanced supplier ESG due diligence and raw material traceability processes.
  • Conducted annual assessments of climate, water, biodiversity, and deforestation risks for suppliers.
  • Implemented a No Deforestation Policy.
  • Engaged with suppliers on sustainability pursuits throughout the value chain.
  • Implemented a robust process for supplier qualification and assurance.
  • Used data analytics to map the end-to-end flow of purchased ingredients and materials.

Supply Chain Management

Supplier Audits: 2,000+ active, non-active, and potential third-party suppliers monitored; annual assessments of climate, water, biodiversity, and deforestation risks.

Responsible Procurement
  • Global Supplier Code of Conduct
  • Supplier Qualification and Assurance Program
  • Third-party risk management platform screening
  • Multivariable Post risk model for vendor evaluation
  • Direct engagement for due diligence and risk mitigation

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
  • Flooding
  • Water stress
  • Drought
  • Biodiversity loss
Transition Risks
  • Regulatory changes
  • Market shifts
  • Consumer demand for low-carbon products
Opportunities
  • Resource efficiency
  • Renewable energy sourcing
  • Development of low-carbon products and services
  • Access to new markets

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: Safe Quality Food (SQF), BRC, FSSC 22000, Red Tractor

Third-party Assurance: Reviewed by internal audit teams and an external audit firm; not audited by external auditors.

UN Sustainable Development Goals

  • SDG 6 (Clean Water and Sanitation)
  • SDG 7 (Affordable and Clean Energy)
  • SDG 12 (Responsible Consumption and Production)
  • SDG 13 (Climate Action)
  • SDG 8 (Decent Work and Economic Growth)
  • SDG 2 (Zero Hunger)

Initiatives aligned with SDGs are detailed throughout the report.

Sustainable Products & Innovation

  • Sustainable packaging initiatives across various brands.

Awards & Recognition

  • Weetabix Growers Group was 1 of 6 finalists for the 2023 FDF Net Zero Initiative Award.

Reporting Period: 2024

Environmental Metrics

Scope 1 Emissions:316K MTCO2e/year
Scope 2 Emissions:267K MTCO2e/year
Scope 3 Emissions:4,499,819 MTCO2e/year
Total Energy Consumption:2,445 million MWh/year
Water Consumption:979 million gallons/year

ESG Focus Areas

  • Sourcing
  • Operations
  • People
  • Products

Environmental Achievements

  • 3% improvement in purchased grid electricity (million kWh)
  • 7% improvement in total energy consumption (million MWh)
  • 10% decrease in total water use compared to FY2020 baseline
  • 21% decrease in water use intensity compared to FY2020 baseline
  • 92% landfill diversion rate
  • Approximately 90% of cereal packaging (by weight) made from recycled content or renewable resources and designed to be recyclable (Post Consumer Brands)
  • 100% recyclable packaging across all Weetabix brands (achieved in late 2022)
  • 59% reduction in material used for Weetabix paper wrap

Social Achievements

  • 13M+ lbs of food donated by Post North American operating companies in FY2024 (13% increase from FY2023)
  • 23M bowls of cereal donated by Weetabix over 10 years
  • Consistently outperformed health and safety rates for food manufacturing companies for both OSHA recordable and lost time injury rates
  • Post Consumer Brands named one of the Top 200 Workplaces in Minnesota in 2024

Governance Achievements

  • Established a robust Supplier Qualification and Assurance Program
  • Developed an evolved framework and approach to sustainability
  • Defined priority focus areas for sustainability using an outside-in and inside-out approach

Climate Goals & Targets

Long-term Goals:
  • Net zero carbon business by 2050 (Weetabix)
Medium-term Goals:
  • 30% reduction in scope 1 and scope 2 GHG emissions by 2030
  • 30% reduction in scope 3 GHG emissions intensity from sourced ingredients and packaging by 2030
Short-term Goals:
  • 100% of cereal packaging made from recycled content or renewable resources by FY2025 (Post Consumer Brands)

Environmental Challenges

  • Supply chain disruptions
  • Climate scenarios
  • Maintaining food safety and quality while pursuing sustainable packaging
  • Data inconsistencies in waste definitions and calculations (FY2020-2022)
Mitigation Strategies
  • Data analytics initiative to map end-to-end flow of purchased ingredients and materials
  • Partnership with HowGood to leverage traceability data
  • Risk-based quality management programs for supplier facilities
  • Continuous improvement of food safety management systems
  • Annual global water risk assessment
  • Annual global biodiversity assessments
  • Climate scenario modeling to assess acute physical, chronic physical, and transition risks

Supply Chain Management

Supplier Audits: Approximately 1,570 active supplier facilities assessed annually

Responsible Procurement
  • Supplier Code of Conduct
  • Global Code of Conduct
  • Human Rights Position
  • No Deforestation Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
  • Floods
  • Water stress
  • Drought
  • Biodiversity loss
Transition Risks
  • Regulatory changes
  • Market shifts
  • Consumer preferences
Opportunities
  • Resource efficiency
  • Energy sourcing
  • New products and services
  • New markets
  • Resilience

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: GFSI

Third-party Assurance: Internal Audit teams; reviewed by an external audit firm (report not audited)

UN Sustainable Development Goals

  • Goal 6 (Clean Water and Sanitation)
  • Goal 13 (Climate Action)

Awards & Recognition

  • 2024 Innovative Partnership Award by The Climate Registry
  • Net Zero Initiative 2024 Award from the Food & Drink Federation (Weetabix)
  • Diversity, Equity and Inclusion Award recipient (Bob Evans Farms)