GlobalData offers a comprehensive analysis of US Foods, 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 US Foods’ ESG performance. GlobalData’s company profile on US Foods 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.
US Foods has committed to greenhouse gas (GHG) reduction goals, which have been approved by the Science Based Targets initiative (SBTi). The company has set specific goals for scope 1 and 2 emissions, aiming to reduce them by 32.5% by 2032 from a 2019 baseline. The company has also taken steps to reduce scope 1 emissions, including optimizing routing to reduce miles driven, deploying new vehicle technologies, and using alternative fuels such as compressed natural gas, renewable natural gas, renewable diesel fuel, and electric vehicles. By the end of 2023, the company plans to add 30 electric trucks and 90 CNG vehicles to its fleet.
US Foods is also taking steps to reduce scope 2 emissions by investing in renewable energy such as solar array installations and improving energy efficiency. The company is collaborating with its suppliers to encourage them to set science-based targets by 2027 and to support them in their climate change actions to reduce scope 3 emissions. The company has committed that 67% of its suppliers by emissions covering purchased goods and services will have science-based targets by 2027.
In 2021, US Foods reported scope 1 emissions of 591,416.393 metric tons CO2e, scope 2 emissions of 155,365.829 metric tons CO2e, and scope 3 emissions of 22,356,003.09 metric tons CO2e. The emissions data outputs are from a screening performed on US Foods' 2019 data as a baseline for its target reductions. The company has committed to reporting progress against its targets in its annual Corporate Social Responsibility Report and via CDP's annual Climate Change questionnaire. US Foods' latest filings mentioned the keywords 'Emissions' and 'Climate Change' most number of times.
In conclusion, US Foods' greenhouse gas (GHG) reduction goals are integrated with its business strategy and financial planning under its Long-Range Plan. The company's commitment to engage with its suppliers to set targets will support its continuing efforts to create environmental awareness in its industry and to consult with stakeholders on environmental issues.