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HOUSTON — Sysco Company (NYSE: SYY) at this time introduced an expanded dedication to enhance the sustainability of its seafood procurement practices and requirements in collaboration with World Wildlife Fund (WWF). These new commitments construct on previous successes and proceed to advance Sysco’s place as a worldwide chief in seafood sustainability, set excessive requirements for the seafood business, set up long-term sustainability targets, and construct shopper belief.
By way of its continued collaboration with WWF, Sysco will broaden the present accountable sourcing program for its U.S. broadline enterprise to additionally embody sourcing for its specialty and Canadian broadline enterprise, in addition to improve the acquisition of licensed accountable seafood. It additionally provides new commitments to ban the sale of endangered species, advance its traceability work and assist tackle deforestation. Particularly, Sysco’s commitments embody reaching by the top of 2025:
Enhancing Sourcing
- Sourcing 100% of its high 15 (by quantity) wild-caught Sysco Portico Model seafood species teams from fisheries which can be licensed by the Marine Stewardship Council (MSC), in MSC full evaluation, or in a complete Fishery Enchancment Undertaking (FIP), and supply a minimum of 85% of this high 15 quantity from fisheries which can be MSC licensed
- Sourcing 100% of Sysco Portico Model canned or pouched tuna merchandise from fisheries which can be MSC licensed, in MSC full evaluation, in a complete FIP, or from firms which can be members of the Worldwide Seafood Sustainability Affiliation, and supply a minimum of 25% of this quantity from fisheries which can be MSC licensed
- Sourcing 100% of its high 5 (by quantity) aquaculture Sysco Portico Model seafood species teams from farms which can be licensed by the Aquaculture Stewardship Council (ASC), in ASC full evaluation, in a reputable Aquaculture Enchancment Undertaking , or at a minimal Finest Aquaculture Practices 2-star licensed, and supply a minimum of 20% of this high 5 quantity from farms which can be ASC licensed
Advancing Traceability
- Partaking with suppliers of Sysco Portico Model farmed shrimp merchandise to make sure provide chains are traceable to the farm’s geographic location and tackle problems with deforestation or conversion of pure ecosystems (i.e. mangrove ecosystems and different pure wetlands)
- Working with WWF to undertake key traceability ideas and construct on the work of the World Dialogue on Seafood Traceability
Defending Endangered Species
- Prohibiting the sale of endangered species for Sysco seafood merchandise globally, already an immaterial portion of Sysco’s seafood gross sales
“Because the world’s main foodservice distributor, Sysco strives to ship superior services to our clients in a method that balances the wants of individuals, merchandise and planet,” mentioned Neil Russell, Sysco’s senior vice chairman of company affairs and chief communications officer. “Along with WWF, we are going to proceed working to implement sustainable sourcing practices that advance the well being of fisheries and fishing communities around the globe.”
Sysco has held a profitable partnership on seafood sustainability with WWF since 2009. The corporate’s commitments throughout this time have resulted in its sourcing over 700 million kilos of extra sustainable seafood, securing the livelihoods for greater than 100,000 folks, and bettering protections for species and habitats worldwide.
“Sysco has been a frontrunner in its business and the worldwide motion to make sure extra sustainable seafood manufacturing worldwide,” mentioned Caroline Tippett, senior director of seafood markets at WWF. “As a consequence of its direct engagement, Sysco has influenced international provide chains, markets and fisheries to have interaction within the journey in direction of producing extra accountable seafood. We tremendously commend Sysco’s continued dedication to this motion with its new, much more sturdy 2025 dedication targets. These efforts assist safeguard the pure setting, the livelihoods of people that rely upon these sources, and assist the long run stability of the seafood business as an entire.”
To be taught extra about Sysco’s dedication to sustainable seafood, learn the Sysco and WWF Seafood Sustainability Report.
About Sysco
Sysco is the worldwide chief in promoting, advertising and marketing and distributing meals merchandise to eating places, healthcare and academic amenities, lodging institutions and different clients who put together meals away from residence. Its household of merchandise additionally consists of gear and provides for the foodservice and hospitality industries. With greater than 57,000 associates, the corporate operates 326 distribution amenities worldwide and serves greater than 625,000 buyer areas. For fiscal 2020 that ended June 27, 2020, the corporate generated gross sales of greater than $52 billion. Details about our CSR program, together with Sysco’s 2020 Company Social Duty Report, could be discovered at www.sysco.com/csr2020report.
For extra info, go to www.sysco.com or join with Sysco on Fb at www.fb.com/SyscoCorporation or Twitter at https://twitter.com/Sysco. For vital information and knowledge relating to Sysco, go to the Investor Relations part of the corporate’s Web residence web page at investors.sysco.com, which Sysco plans to make use of as a main channel for publishing key info to its traders, a few of which can comprise materials and beforehand personal info. As well as, traders ought to proceed to evaluation our information releases and filings with the SEC. It’s potential that the data we disclose by any of those channels of distribution may very well be deemed to be materials info.
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