Tate & Lyle achieves top-rated CDP A for Supplier Engagement

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The Company earns a place on CDP’s prestigious Supplier Engagement Rating Leaderboard for 2023

 

TL CDP Supplier Engagement 2024

LONDON, UNITED KINGDOM, 20 March 2024: Tate & Lyle PLC (Tate & Lyle or the Company), a world leader in ingredient solutions for healthier food and beverages, is pleased to announce that it has earned an A rating from CDP for supplier engagement and has been named in CDP’s 2023 Supplier Engagement Rating Leaderboard.

CDP’s Supplier Engagement Rating (SER) measures how effectively companies are engaging with their suppliers on climate change, and assesses their performance on governance, targets, Scope 3 emissions, and value chain engagement. CDP’s SER Leaderboard recognises those organisations with the highest-rating for engaging with suppliers on climate change, and celebrates the role they are playing in the transition towards a net zero economy. Around 450 organisations earned a place on CDP's 2023 Supplier Engagement Leaderboard.

Ard van Houte, Vice President, Global Procurement at Tate & Lyle said: “Sustainable businesses need sustainable supply chains, and we’re committed to working with our suppliers to tackle the impacts of climate change, both today and into the future. Being recognised as a supplier engagement leader demonstrates the progress we are making and the importance we place on a collaborative approach to working with suppliers.”

Anna Pierce, Director of Sustainability at Tate & Lyle commented: “We are proud to be recognised by CDP as a Supplier Engagement Leader. This recognition, together with Tate & Lyle’s A– rating from CDP for our leadership and transparency on climate strategy and action, demonstrates our commitment to delivering on our sustainability objectives and to the high standards we set across our business for addressing climate change.”

CDP is a non-profit that runs a global environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 680 investors with over $130 trillion in assets, CDP pioneered the use of capital markets and corporate procurement to motivate companies to disclose their environmental impact, reduce GHG emissions, safeguard water resources, and protect forests.

To see the full CDP Supplier Engagement Rating Leaderboard click here.

For more information on Tate & Lyle’s approach to climate action and its performance, visit https://www.tateandlyle.com/purpose.

 

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For more information, please contact:

Alyssa Hufford Manager – Global External Communications

[email protected]

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About Tate & Lyle PLC:  

Supported by our 165-year history of ingredient innovation, we partner with customers to provide consumers with healthier and tastier choices when they eat and drink. We are proud that millions of people around the world consume products containing our ingredients and solutions every day.  

Through our leading expertise in sweetening, mouthfeel and fortification, we develop ingredients and solutions which reduce sugar, calories and fat, add fibre and protein, and provide texture and stability to food and drink in categories including beverages, dairy, bakery, snacks, soups, sauces, and dressings.  

Tate & Lyle recently acquired CP Kelco, a leading provider of pectin, speciality gums and other nature-based ingredients to create a leader in mouthfeel, significantly enhancing our solutions capabilities. Following this combination, we now have more than 5,000 employees working in around 75 locations in 39 countries, serving customers in more than 120 countries. Science, Solutions, Society is our brand promise and how we will achieve our purpose of Transforming Lives through the Science of Food. By living our purpose, we believe we can successfully grow our business and have a positive impact on society. We live our purpose in three ways, by supporting healthy living, building thriving communities and caring for our planet.  

Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L. American Depositary Receipts trade under TATYY. For the year ended 31 March 2024, and on a pro forma basis which assumes for illustrative purposes that the combination with CP Kelco took place on 1 April 2023, revenue for the enlarged Tate & Lyle Group would have been £2.25 billion. For more information, please visit www.tateandlyle.com or follow Tate & Lyle on LinkedIn, X (Twitter), Facebook or YouTube

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Our purpose

Our purpose of Transforming Lives Through the Science of Food guides every action we take and every decision we make. Learn about the three pillars of our purpose.

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