SUSTAINABILITY STRATEGY

GRI: 102-12, 102-21, 102-40, 102-47

In Grupo Herdez we are committed to the social and environmental needs of the communities in which we operate, and we strive to make our programs and projects oriented toward sustainability.

Therefore, our Sustainability Strategy is focused on People, the Community and the Planet.

Since 2012, we have endorsed the United Nations Global Compact, the greatest international initiative in regard to business sustainability. Therefore, we have adopted and promoted the Ten Principles of the United Nations Global Compact in relation to human rights, labor, the environment, and the fight against corruption.

Since we are members and promoters of this initiative, our sustainability strategy is aligned with 7 of the 17 Sustainable Development Goals that are a part of the 2030 Agenda of the United Nations, whose purpose is the eradication of poverty, protection of the planet and the attainment of prosperity.

We are focused on the promotion of inclusion, diversity and equal opportunity by creating quality jobs.

We are committed to nutritional health by means of a healthy diet and the promotion of healthy habits.

We are adopting measures to ensure the proper management of resources and ecological balance.

This is an ambitious strategy: we are trying to enhance the purpose of our brands, reducing costs and risks, generating more value for our groups of interest, working for the rights of all men and women, investing in a more sustainable world, and continuing to show the confidence for which we are known.

 

During the latest years, we have experienced an expansion toward new horizons with the acquisition of the businesses and brands that now compose our Frozen segment.

This, along with the evolution of the interests and expectations of our groups of interest, forces us to rethink the material matters in order to identify the key and relevant issues for Grupo Herdez.

For these reasons, this year we have updated our Materiality Assessment for the purpose of maximizing the creation of value of our reports. As a result, the findings were integrated into our sustainability strategy to thereby improve the Group’s management and performance.

To accomplish this, key and relevant themes for Grupo Herdez were identified in social, environmental, and corporate governance matters, being a part of our main groups of interest’s concerns and expectations.

  • Consumers
  • Clients
  • Suppliers
  • Shareholders
  • Collaborators

 

We have identified the following material topics:

CRITICAL TOPICS

  1. Health, safety, and wellbeing of the consumer
  2. Reputation and confidence in our brands
  3. Innovation (products and processes)
  4. Sustainable canning and packaging; reuse and recycling

STRATEGIC TOPICS

  1. Profitable market growth; financial sustainability
  2. Water management
  3. Efficient energy use
  4. Ethics and anti-corruption practices
  5. Workplace health, safety, and well-being
  6. Working conditions and relationships
  7. Quality assurance in the supply chain
  8. Transparency in the labeling and information on products
  9. Training and career development
  10. Legal compliance
  11. Consumer experience