Route to a sustainable food and drink sector
Only 30% of food and beverage companies think they track ESG very well, with the single biggest challenge being the lack of an ESG framework to enable them to track performance.
The findings from a survey of 300 executives are now available in the new DLA Piper report, co-authored with the Fitch Solutions Advisory team, which looks at how companies in the sector are performing on sustainability issues. The report also presents an ESG framework that encourages companies to engage with consumers, employees, and suppliers, if they are to meet the challenges ahead.
Download this report to get:
- The results of a survey of 300 food and beverage industry executives in the US, Europe and APAC
- Strategic insights from interviews held with senior executives from leading companies including Carlsberg, Heineken and Mondelez
- A ranking of the ESG issues that matter most to food and beverage companies
- Details of the three key pillars behind developing an ESG framework that have emerged from the results of the DLA Piper & Fitch Solutions survey
ESG: Doing good and doing well
It is easy when thinking about ESG to focus solely on the environmental part of the equation, as this receives the greatest coverage. However, social responsibility and corporate governance are every bit as important if companies are to implement a truly three-dimensional ESG plan.
Business resilience is at the heart of a sustainable business operation, and an effective ESG strategy will not only help enforce that resilience but can also ensure commercial success.
“Food and beverage companies are telling us that the single biggest challenge they face in tracking their ESG performance is the lack of a suitable implementation framework. We urge companies to develop a framework that supports them as they engage with their consumers, employees and suppliers.”
Michelle Berman, Head of Consumer Research, Fitch SolutionsDownload now