Tate & Lyle unveils progress against purpose targets in Purpose Report 2021

Tate & Lyle PLC (Tate & Lyle), a leading global provider of food and beverage solutions and ingredients, is pleased to announce the publication of its Purpose Report 2021.

This interactive report, available in electronic format on Tate & Lyle’s website and via a link below, describes how Tate & Lyle’s purpose of Improving Lives for Generations is being lived across the organisation, and outlines the first year of progress against the ambitious long-term purpose targets and commitments set out in 2020.

Nick Hampton, Chief Executive, Tate & Lyle said: “Our purpose is at the heart of our business, helping us to navigate an uncertain and constantly changing world. The ongoing challenges of the global pandemic, the heightened dialogue about inclusion and the climate emergency have showed us the value of healthy living, the importance of connecting with and supporting each other as colleagues and neighbours, and the fragility of the natural world. That’s why we are more determined than ever to keep pursuing our purpose targets and commitments, and I am delighted with the progress we are making.”

Tate & Lyle’s purpose of Improving Lives for Generations is lived through three pillars – Supporting Healthy Living, Building Thriving Communities and Caring for our Planet.  Under each pillar, Tate & Lyle has set targets for the next 5 or 10 years from 2020, for example: to remove 9 million tonnes of sugar from people’s diets through our low- and no-calorie sweeteners and fibres by 2025; to provide over 3 million nutritious meals for people in need by 2025; and to deliver a 30% absolute reduction in Scope 1 and 2 greenhouse gas emissions by 2030. As part of our Building Thriving Communities pillar, the Purpose Report 2021 also includes new targets to significantly progress equity, diversity & inclusion within the organisation.

The full Purpose Report 2021: Improving Lives for Generations is available to download here.

Tate & Lyle will report on the second year of progress against its purpose targets and commitments in 2022.

Note to Editors:

A snapshot of Tate & Lyle’s progress announced today is detailed below:

Supporting Healthy Living

• Through Tate & Lyle’s low-and no-calorie sweeteners and fibres, the business has taken 1.8 million tonnes of sugar out of people’s diets over the last year, against the 2025 target of 9 million tonnes. In November 2020, they completed the acquisition of Sweet Green Fields, a global stevia business, which will help further towards this target.
• The business is supporting health education and physical activity programmes around the world, this year they have helped 40,000 people, contributing towards the 2025 target of 250,000.
• By 2025, Tate & Lyle wants a least 90% of their people to feel like their health and wellbeing is being supported by the company. Today they announced that currently 75% of their people feel that, up from 70% in 2020.

Building Thriving Communities

• Tate & Lyle supports 25 food banks across the world to provide nutritious meals to those in need. During Covid-19, demand for food banks rose significantly, so they donated an extra 1 million meals beyond their annual programme of 700,000 meals, resulting in the business donating 1.7 million meals contributing to the 2025 target of 3 million.
• By 2025, the business aims to have supported the education of over 100,000 children and students through learning programmes and grants, helping them attain skills for life. This year they reported a total of 14,000 children has been supported against this target.
• Furthermore, the business is committed to reaching gender parity in leadership roles by 2025 and announced it is at 32% today.

Caring for our Planet

• By 2030, the Tate & Lyle aims to deliver a 30% absolute reduction in Scope 1 and 2 greenhouse gas emissions, reporting to be 7% towards this target today. They will also deliver a 15% absolute reduction in Scope 3 greenhouse gas emissions by 2030, reporting a 0.5% reduction today.
• Their goal to use 15% less water by 2030 is underway, reporting that they are 1% towards that target this year.
• By 2030, 100% of Tate & Lyles’s waste will be beneficially used, reaching 69% today.
• The business committed to eliminate the use of coal in all operations by 2025 and in October 2021, delivered on that commitment four years ahead of target.
• The business also achieved its target of maintaining sustainable acreage, equivalent to the volume of corn they buy globally each year, and through partnerships accelerate the adoption of conservation practices.
• Tate & Lyle are now looking at how they can continue this progress and develop a path to carbon net zero by 2050.