Saputo

RATING

SECTOR

Food, Drink & Tobacco

WEBSITE

CONTACT

Saputo inc.

6869, Métropolitain Est

Montréal, Québec H1P 1X8

Canada

T: 514-328-6662 

E: investors@saputo.com

STOCK EXCHANGE

LISTING

N/A

EMPLOYEES

16,800

CHIEF SUSTAINABILITY OFFICER

Kalee Sanino

AWARDS

N/A

CONTENT SOURCE

FURTHER READING

N/A

Saputo

SECTIONS :  Sustainability    Evaluation  •  Progress  •  Watch  •  Overview

Company Activity

Saputo produces, markets, and distributes a wide array of dairy products of the utmost quality, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. Saputo is one of the top ten dairy processors in the world, a leading cheese manufacturer and fluid milk and cream processor in Canada, the top dairy processor in Australia and the second largest in Argentina. In the USA, Saputo ranks among the top three cheese producers and is one of the largest producers of extended shelf-life and cultured dairy products. In the United Kingdom, Saputo is the largest manufacturer of branded cheese and a top manufacturer of dairy spreads. Their products are sold in several countries under well-known brand names such as Saputo, Alexis de Portneuf, Armstrong, Cathedral City, Clover, COON, Cracker Barrel*, Dairyland, DairyStar, Devondale, Friendship Dairies, Frigo Cheese Heads, Joyya, La Paulina, Liddells, Milk2Go/Lait’s Go, Montchevre, Murray Goulburn Ingredients, Neilson, Nutrilait, Scotsburn*, South Cape, Stella, Sungold, Tasmanian Heritage, Treasure Cave and Woolwich Goat Dairy. Saputo Inc. is a publicly traded company and its shares are listed on the Toronto Stock Exchange under the symbol “SAP”

Company Sustainable Activity

FOOD AND SAFETY 

Saputo meets or exceeds all  regulatory requirements for food quality and nutrition labelling. All facilities are certified by international industry standards, and are audited internally and by third parties multiple times per year. 

They actively collaborate with industry, regulatory and academic committees, such as the International Dairy Foods Association (IDFA), the International Association for Food Protection (IAFP), the Innovation Center for US Dairy and Dairy Management Inc., with the goal of advancing dairy food safety

PEOPLE 

At Saputo, they invest in their employees, continuously training and developing them so that they can have the skills needed to maintain high quality standards throughout their operations. They are committed to offering wages and benefits competitive with industry standards, and because retaining key talent is a priority for them, they focus on promoting from within. 

→ Health and safety 

Keeping their employees safe and healthy is a priority and they continue to increase their efforts to ensure they embed a culture of safety across their operations. Throughout FY2019, their Health and Safety (“H&S”) Committee, led by their Company President and Chief Operating Officer, and composed of the H&S leaders of each of their Divisions, continued to work on aligning best practices globally. They developed a Goal Zero approach, which they started to implement in FY2019, and aim to progress further in FY2020.

In FY2019, their Total injury frequency rate (“TIFR”) improved slightly by 3% while their Lost time injury frequency rate (“LTIFR”) posted a 10% improvement.

→ Diversity and Inclusion 

They believe that unleashing the potential of diverse talent will help them innovate faster and achieve greater business results. With the expansion of their global footprint over the last few years, they want to ensure that all employees continue to be valued, and that no one’s growth potential is impacted by the bias of others. So, in FY2019, they appointed their first Director, Talent Management with a key focus on Diversity and Inclusion. They also launched the Saputo Diversity and Inclusion Global Council, comprised of employees from each of their Divisions, which continues to promote a diverse and inclusive work environment. Through the initiatives of their Council, they aim to continue to enhance their recruitment practices and improve on their succession planning process while facilitating training on topics such as unconscious bias, gender diversity, and inclusive behaviours.

→ Working conditions 

They strive to be an employer of choice for top talent in the dairy industry, recognized for their values and their commitment to their employees. To do so, they invest in their people, continuously training and developing them so they can have the skills needed to maintain high-quality standards throughout their operations, continue to grow and have a career within the Company.

BUSINESS ETHICS 

→ Code of Ethics and Compliance 

Their corporate governance initiatives ensure the highest levels of independence, disclosure and transparency. Among the policies they have adopted are a Complaints Processing Procedure and an Incentive Compensation Clawback Policy

→ Transparency 

Transparency can only be achieved through open communications. At Saputo, they recognize the importance of accountability to Their stakeholders, including employees, shareholders, customers, consumers, suppliers, partners, and authorities. they aim to communicate in a transparent and responsible manner on how they are achieving Their Promise.

RESPONSIBLE SOURCING 

→ animal welfare

They have a Zero Tolerance Policy for any act of animal cruelty. they ensure compliance with Their animal care standards through industry regulations and Codes of Practice, routine supplier management practices, and awareness and training programs. they have established a clear protocol to work with suppliers and authorities to effectively deal with situations where a breach of the Animal welfare Policy is suspected. 

They have an animal welfare Committee.

→ Partnership 

The Saputo Dairy Care program :  This program focuses on providing practical dairy welfare education, including workshops, to veterinary students, veterinary practitioners, and dairy producers.

The Dairyland Initiative : The Dairyland Initiative provides resTheirces, consulting services and workshops to develop animal welfare-friendly housing for dairy cattle

LifeStep Program  : The development of the LifeStep™ Program will focus on low-stress cattle handling approaches, lameness prevention and end of life management

→ Suppliers 

Beyond animal care, they aim to promote responsible business practices by working with Their suppliers across the value chain and engaging them to achieve Their objectives. 

they launched Their Saputo Supplier Code of Conduct in FY 2019. Their Code sets the minimum standards of business conduct they expect from Their suppliers. 

ENVIRONMENT 

Energy and GHG 

 Their goal is to pursue growth as a world-class dairy processor, while striving to minimize the environmental impacts of Their activities.

→ Waste 

To implement and adapt processes designed to reduce the quantity of food waste across their operations and supply chain, including production and distribution.

They are continuously working to improve their packaging by using less material and/or ensuring it is recyclable, without compromising product integrity

Their waste management program includes working with suppliers and recycling partners. They also include recycling and environmental messaging in their product labelling. In FY 2019, Their waste diversion rate improved from 42% to 52%.

→ Water 

Continuously work to improve their waste water quality.  In FY 2019, Their water use per ton of products improved slightly compared to FY 2018. They remain committed to improving their environmental performance. they continue to look for additional ways to protect their resources, and aim to implement solutions that are economically and environmentally sustainable, such as the initiative they implemented in Their White Bear Lake facility

TARGETS

Saputo commits to:

Climate :

  • Reduce CO2 intensity of their operations by 20%
  • Reduce the energy intensity of their operations by 10%

Water: 

  • Reduce water intensity of their operations by 10%
  • Improve their wastewater quality year-over year

Waste:

  • Reduce their total waste by 25%
  • Increase their diversion rate to 75%
  • Reduce their food waste by 50%
  • Reduce their material use by 15%
  • Ensure 100% of their packaging is reusable, recyclable or compostable
  • Ensure their packaging includes at least 15% of recycled or renewable content

 

Certificates

  • GFSI standards (98% facilities certified)
  • Good or Excellent GFSI audit rating (100% of facilities certified)

Sustainable Development Goals:

N/A

How company covers SDGs

N/A

Progress

THEIR PEOPLE

In FY2019, they appointed their first Director, Talent Management with a key focus on Diversity and Inclusion. They also launched the Saputo Diversity and Inclusion Global Council, comprised of employees from each of their Divisions, which continues to promote a diverse and inclusive work environment. 

In FY2019, their Total injury frequency rate (“TIFR”) improved slightly by 3% while their Lost time injury frequency rate (“LTIFR”) posted a10% improvement. 

Finally, in FY2019 they invested CDN$5.8 million and 194,000 hours in developing their employees. Furthermore, their focus on promoting from within has translated into over 1,000 employees being promoted internally in FY2019. 

ENVIRONMENT

In FY2019, their water use per ton of products improved slightly compared to FY2018. Their waste diversion rate also improved from 42% to 52%. As a result of the acquisition of Murray Goulburn in Australia, their energy intensity increased by 19%. This was mainly due to energy-intensive production and the fact that CO2 emissions associated with electricity production are significantly higher in Australia, as compared to the other countries in which they operate. 

NUTRITION AND HEALTHY LIVING

In FY2019, they developed their Nutrition and Healthy Living plan, outlining their core guiding principles when it comes to nutrition. They also set up the foundation of their responsible marketing principles which will be launched in FY2020. Finally, they continued their efforts to develop innovative approached and enhance the nutritional value of their products.

COMMUNITY

In FY2019, they reached over 2.25 million people through their partnerships focusing on healthy living. 

 

Saputo communicate on their targets and progress towards sustainability, backed up by Key Performance Indicators. They have a short sustainability report, but do not mention the SDG their target, and do not own many recognitions. They are given the rating B, but we expect them to give more information about the SDGs, otherwise they will be given a lower rating in the future. 

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