The global leader in flavor remains No. 1 in
the food products industry for its efforts to transition to
low-carbon, renewable energy sources in operations
HUNT
VALLEY, Md., Jan. 17,
2024 /PRNewswire/ -- McCormick & Company,
Incorporated (NYSE: MKC), a global leader in flavor, today was
named the world's 49th most sustainable company and No. 1 in the
Food Products industry by the Corporate Knights Global 100
Sustainability Index at the Davos World Economic Forum.
2024 marks the eighth consecutive
year McCormick has been featured on this list. The Company also
retained its top position among its food industry peers.
"McCormick is honored to be recognized as one of the world's
most sustainable companies by Corporate Knights for our actions to
transition to low-carbon renewable energy sources, which remain a
key priority within our Purpose-led Performance agenda," said
Brendan Foley, President and CEO of
McCormick & Company. "McCormick is committed to growing our
business responsibly and has made significant progress in
transitioning to renewable energy, including solar, across our
global operations. We continue to invest in modern green facilities
around the world to deliver energy efficiencies. The work we've
completed to date demonstrates our dedication to achieving Net-Zero
by 2050, a goal which has been validated by the Science Based
Targets initiative."
In line with its commitment to Purpose-led Performance,
McCormick is focused on delivering industry-leading financial
performance while meeting its goals for 2025 and beyond to do
what's right for people, communities, and the planet. McCormick's
most impactful work includes efforts to improve farmer livelihoods,
sustainably source its iconic ingredients, reduce greenhouse gas
emissions, and support global communities where the Company
operates.
"Purpose-led Performance underscores everything we do at
McCormick, and we are committed to building a sustainable economy
for today and the future. Our validated Net-Zero goal drives us to
implement a clear roadmap for emissions reductions, and through
significant strides in transitioning to renewable energy and
investing in green buildings globally, we are making tangible
progress towards our ambitious decarbonization objectives," said
Michael Okoroafor, Chief
Sustainability Officer for McCormick & Company.
Companies ranked on the Corporate Knights'
Global 100 Sustainability Index represent the top
echelon in the world on sustainability performance. To
determine the ranking, the organization analyzes
6,733 companies against global industry peers on a
suite of up to 25 quantitative key performance
indicators, weighted to reflect each industry's impact profile.
To learn more about Purpose-led Performance and McCormick's
sustainability goals, please view the 2022 Purpose-led
Performance Progress Report, which outlines the Company's
commitment to delivering top-tier financial performance while doing
what's right for people, communities and the planet. For more
information about McCormick, please visit our Corporate website.
About McCormick
McCormick & Company, Incorporated is a global leader in
flavor. With over $6 billion in
annual sales across 170 countries and territories, we manufacture,
market and distribute spices, seasoning mixes, condiments and other
flavorful products to the entire food industry including e-commerce
channels, grocery, food manufacturers and foodservice businesses.
Our most popular brands with trademark registrations include
McCormick, French's, Frank's RedHot, Stubb's, OLD BAY, Lawry's,
Zatarain's, Ducros, Vahiné, Cholula, Schwartz, Kamis, DaQiao, Club
House, Aeroplane and Gourmet Garden. Every day, no matter where or
what you eat or drink, you can enjoy food flavored by
McCormick.
Founded in 1889 and headquartered in Hunt Valley, Maryland USA, McCormick is guided
by our principles and committed to our Purpose – To Stand Together
for the Future of Flavor. McCormick envisions A World United by
Flavor where healthy, sustainable and delicious go hand in hand. To
learn more, visit www.mccormickcorporation.com or follow
McCormick & Company on Instagram and LinkedIn.
For information contact:
Global Communications:
Lori Robinson -
lori_robinson@mccormick.com
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SOURCE McCormick & Company, Incorporated