Climate Change Data

Environmental Metrics

ESG Focus Areas

• Greenhouse gas (GHG) emissions
• Energy consumption
• Water usage
• Waste management
• Safety
• Diversity and Inclusion
• Human Rights
• Supplier sustainability

Environmental Achievements

• Added more global manufacturing locations to enhance the measurement of environmental footprint.
• Developed energy-efficient products for customers (e.g., hot beverage dispense, patented oil filtration technology).
• Improved sanitation capabilities and efficient logistics for customers.
• 15.6% decrease in hazardous waste in 2021 compared to 2020.

Social Achievements

• Expanded Middleby Cares philanthropic programs.
• Joined the Red Cross as a corporate partner.
• Provided humanitarian aid to Ukraine.
• Partnered with World Central Kitchen.
• Supported Feeding America.
• Supported Ronald McDonald House Charities®.
• Supported Café Momentum.

Governance Achievements

• Amended Nominating and Corporate Governance Committee Charter to include updated description of ESG oversight responsibilities.
• Maintained a robust information security training and compliance program.
• No material cybersecurity or information security breach in the last three years.

Climate Goals & Targets

Environmental Challenges

• Increased resource use from 2020 to 2021 due to decreased operations in 2020 and resurgence in 2021.
• COVID-19 pandemic significantly affected global markets and distorted yearly sales comparisons.
• Increased rate of recordable cases and lost time due to work-related injury or illness in 2021 vs 2020.
• Potential liability under environmental laws and regulations.
• Risks associated with possible climate change legislation, regulation and international accords.

Mitigation Strategies

• Enhanced measurement of Scope 1 and 2 GHG emissions, energy and water consumption, and waste generation.
• Intend to set targets for limiting and reducing GHG emissions and consumption of other non-renewable resources.
• Plan to establish GHG emission reduction targets in line with the Science-Based Targets initiative (SBTi).
• Regularly engages with site locations to evaluate sustainable innovation opportunities.
• Implementing a corporate-wide protocol for documenting injuries and fatalities.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Climate change legislation, regulation and international accords

Opportunities

• Sustainable innovation opportunities with respect to new technologies, increase use of renewable energy, reduce consumption of resources

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 2: Zero Hunger
• Goal 7: Affordable and Clean Energy
• Goal 5: Gender Equality
• Goal 9: Industry, Innovation and Infrastructure
• Goal 12: Responsible Consumption and Production

Middleby's commitment to the SDGs focuses on topics most material to our industry and issues where we believe we can have the largest impact.

Sustainable Products & Innovation

• Energy-efficient hot water dispensers and coffee-brewing systems
• Patented oil filtration technology
• Improved sanitation capabilities and efficient logistics

Awards & Recognition

• 2023 Kitchen Innovations Award from the National Restaurant Association (Hydra Rinse)