GlobalData offers a comprehensive analysis of Performance Food, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Performance Food’s ESG performance. GlobalData’s company profile on Performance Food offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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Performance Food is committed to reduce its carbon emissions. The company aims to reduce 15% of its Scope 1 and 2 greenhouse gas (GHG) emission intensity by 2030 from a 2021 base year. In Fiscal 2022, the company's Scope 1 and Scope 2 market-based emissions were 967,927 metric tons of CO2e. Performance Food plans to secure 10% of its purchased electricity from renewable sources by 2030.
To achieve its emission reduction goals, Performance Food has taken several steps. The company has completed a baseline analysis of its Scope 1 and 2 emissions and set a GHG target that covers both scopes. It is exploring renewable power purchasing agreements and leveraging national and state tax incentives to procure more wind and solar energy. The company is also considering low-carbon technologies for its fleet transportation to reduce fuel usage and carbon emissions. Additionally, Performance Food is implementing energy efficiency measures and exploring opportunities to implement solar infrastructure at its facilities.
The company is committed to its ESG (Environmental, Social, and Governance) goals and strategies, which demonstrate its progress in addressing climate change and meeting consumer demand for lower emissions and responsibly sourced food products. Performance Food is actively monitoring climate-related risks and adjusting its strategies to address potential risks and opportunities. The company is also developing programs to provide recyclable, biodegradable, and compostable non-food items.
Performance Food recognizes the importance of transitioning to low-emission alternatives such as wind and solar energy to reduce global GHG emissions. The company is also focusing on improving energy efficiency and reducing waste to minimize its impact on climate change.
In conclusion, Performance Food is committed to achieve its carbon emissions reduction by investing in renewable energy sources, and implementing energy efficiency measures. Performance Food's efforts align with its ESG goals and demonstrate its commitment to addressing climate change and meeting consumer demand for sustainable food products.
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