Lamb Weston Issues FY23 Global Sustainability Report
The company’s fifth annual report includes results from global sustainability and people initiatives, consolidating the newly integrated operations in
This is the first global consolidated report for the company, which has officially integrated its operations in
“This global report demonstrates the progress we’re making around the world – and how we’re elevating the best of what we’re doing to improve our communities and the planet,” said
The report provides critical updates on metrics in three key areas of focus:
- People: investing in the development and wellbeing of team members and providing for the communities where the company operates.
- Food: offering customers and consumers safe, high quality potato products, made responsibly.
- Planet: reducing environmental impact and conserving natural resources through regenerative agricultural programs and efficient manufacturing.
The full report also establishes new long-term sustainability targets for the global organization and provides a final progress update on the company’s previously reported 2030 goals. The Global Sustainability Report is available now at https://esg.lambweston.com.
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This press release contains forward-looking statements within the meaning of the federal securities laws. Words such as “improve,” “focus,” “make,” “build,” “secure,” “invest,” “provide,” “offer,” “reduce,” “conserve,” and variations of such words and similar expressions are intended to identify forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements regarding: the Company’s plans, execution, goals, areas of focus and progress. These forward-looking statements are based on management’s current expectations and are subject to uncertainties and changes in circumstances. Readers of this press release should understand that these statements are not guarantees of performance or results. Many factors could affect these forward-looking statements and the Company’s actual financial results and cause them to vary materially from the expectations contained in the forward-looking statements, including those set forth in this press release. These risks and uncertainties include, among other things: the availability and prices of raw materials and other commodities; labor shortages and other operational challenges; an uncertain general economic environment, including inflationary pressures and recessionary concerns, any of which could adversely impact the Company’s business, financial condition or results of operations, including the demand and prices for the Company’s products; difficulties, disruptions or delays in implementing new technology, including the Company's new enterprise resource planning system; risks associated with integrating acquired businesses, including
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