Pepsi – Rabobank Broadcasts 2020 Meals and Agribusiness Trade Management Award Recipients
PepsiCo, General Mills and Imperfect Meals honored throughout Meals & Agribusiness Summit
NEW YORK, Dec. 3, 2020 /PRNewswire/ — Rabobank, a number one world meals and agribusiness (F&A) bank, in the present day introduced the recipients of its annual Rabobank North America Management Awards. The awards rejoice each large-scale F&A corporates and fast-growing rising firms which are setting admirable examples of {industry} stewardship, sustainability and innovation throughout the area.
This 12 months’s awards included an enhanced set of standards, together with firms’ responses to the coronavirus pandemic and social accountability standards centered on worker and group efforts, in addition to proactivity towards fostering racial fairness. Finalists had been reviewed by a panel of judges throughout {industry}, academia, non-profits, media, and the funding group.
Representatives from the three profitable firms had been offered with the awards throughout Rabobank’s annual Meals & Agribusiness Summit in the present day, which is going down nearly this week.
“The challenges of 2020 confirmed why accountable management, dedication to sustainable practices and modern options within the meals and agricultural {industry} are extra essential than ever earlier than,” mentioned Paul Beiboer, CEO, Rabobank North America. “The businesses we’re honoring in the present day have made exceptional progress towards a extra resilient and versatile meals system whereas selling a extra inclusive world.”
Rabobank Award for Excellence in Meals & Ag Management
This overarching award honors a large-scale market chief that has made lasting impacts in its sector. Amongst different accomplishments, this group has demonstrated excellent company citizenship and agility in response to COVID-19 whereas setting requirements of excellence inside the {industry}.
This 12 months’s winner is PepsiCo, a number one world meals and beverage firm headquartered in Buy, New York. The corporate’s “Profitable with Objective” imaginative and prescient is mirrored throughout its quite a few achievements in company accountability. PepsiCo dedicated $400 million over the following 5 years to advancing racial equality initiatives and has invested $38.5 million in enhancing gender equality in agriculture. The corporate has dedicated to sourcing 100% of its vitality for direct operations from renewable sources and has shifted to a extra sustainable packaging provide chain to considerably scale back its use of plastic. It additionally launched an accelerator to assist advance purpose-driven options for the meals and beverage {industry}.
All through the coronavirus pandemic, PepsiCo has offered charitable donations to greater than 60 organizations, contributed tens of millions for these in want of aid, and supplied enhanced paid time without work advantages for workers to quarantine or take care of sick relations.
“As one of many world’s largest meals and beverage firms, PepsiCo embraces our accountability to assist construct a extra sustainable and regenerative world meals system, and we wish to be a transparent chief in enhancing planetary well being, each the well being of the atmosphere and the well being of society,” mentioned Jim Andrew, PepsiCo’s Chief Sustainability Officer. “We’ve to be centered as an organization on caring for the atmosphere and the individuals throughout our provide chain, utilizing our scale as a power for good. We all know there’s much more to do, and we’re dedicated to taking daring motion and making speedy progress utilizing science as our information.”
Rabobank Award for Management in Sustainability
This award celebrates a high-impact group that has achieved distinctive steps towards enterprise, environmental, social and governance sustainability.
The 2020 Rabobank Award for Management in Sustainability was offered to General Mills, a number one world packaged meals firm primarily based in Minneapolis, for its daring regenerative agriculture tasks, sustainable sourcing, discount in greenhouse fuel emissions, and dedication to 100% renewable vitality in operations by 2030. The corporate additional solidified its place as a frontrunner by partaking with its companions, communities and shoppers on the significance of regenerative agriculture.
In response to the coronavirus disaster, General Mills and its Basis elevated and tailored their giving to assist equip charitable organizations with better monetary and meals sources to satisfy the unprecedented want. Their charitable response of $14 million included a “manufacture to donate” initiative the place General Mills amenities manufactured and instantly donated product to Feeding America meals banks, along with grants, regionally and in key markets worldwide, to supply communities with aid and mitigate starvation.
“Thanks for recognizing General Mills’ dedication to sustainability – an space meaning a lot to me and our firm,” mentioned Mary Jane Melendez, Chief Sustainability and Social Influence Officer, General Mills. “Our enterprise is determined by the earth and its sources. Stressors to pure sources influence our potential to feed a rising inhabitants. To drive each planetary and enterprise resilience, we’re centered on regenerating the pure sources upon which all of us rely. We’re honored to obtain this award and can proceed to speed up our efforts in assist of the planet, individuals and the communities we serve.”
Rabobank Award for Rising Management in Innovation
This award acknowledges a fast-growing younger firm that addresses points within the meals and agribusiness house in an modern manner.
The 2020 Rabobank Award for Rising Management in Innovation recipient is Imperfect Meals, a San Francisco-based firm with a mission to remove meals waste and construct a greater meals system for everybody by delivering “imperfect” produce and grocery gadgets on to shoppers via its ecommerce platform. The corporate, which can be an alum of Rabobank’s world startup discovery platform FoodBytes!, has demonstrated its dedication to company accountability via the creation of an inside variety and inclusion board and charitable donations to the NAACP and Urge for food for Change, amongst different initiatives.
Imperfect Meals additionally awarded 18 grants via its grant program, the Feeding Change Fund, to assist assist emergency meals distribution efforts in response to COVID-19 and matched donations to Feeding America.
“Within the U.S. alone, 40% of meals goes uneaten and $160 billion worth of meals is wasted annually,” mentioned Philip Behn, CEO at Imperfect Meals. “We’re reimagining grocery supply for a kinder, much less wasteful world. We ship sustainable, reasonably priced groceries that make the weekly chore of purchasing a simple and pleasant expertise. Since 2015, Imperfect Meals has saved over 130 million kilos of meals from going to waste. I’m honored to obtain the Rabobank Award for Rising Management in Innovation, and with out my unimaginable workforce and their dedication, this would not be potential.”
About Rabobank
Rabobank Group is a worldwide monetary providers chief offering wholesale and retail banking, leasing, and actual property providers in additional than 40 nations worldwide. Based over a century in the past, Rabobank in the present day is without doubt one of the world’s largest banks with over $640 billion in property. Within the Americas, Rabobank is a premier bank to the meals, agribusiness and beverage {industry}, offering sector experience, strategic counsel and tailor-made monetary options to purchasers throughout the complete meals value chain. Extra data is accessible on our web site or on our social media platforms, together with Twitter and LinkedIn.
Rabobank can be creating a robust engine for ongoing collaboration and innovation with meals and agriculture startups, main firms and buyers who wish to feed the world sustainably via its FoodBytes! platform. Be taught extra at foodbytesworld.com or on FoodBytes! social media platforms, together with LinkedIn and Twitter.
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SOURCE Rabobank
