AUSTIN, Texas — Last week, Vital Farms, a Certified B Corporation that offers a range of ethically produced foods nationwide, published its inaugural Sustainability Report, a comprehensive overview of the company’s environmental, social and governance (ESG) progress with respect to each of its stakeholders, including farmers and suppliers, crew members, customers and consumers, communities and the environment and stockholders.
“While ESG is a relatively new journey for us, we have a long history of prioritizing areas like environmental conservation, human capital, community and much more through our business model, which is rooted in stakeholder capitalism,” said Joanne Bal, Vital Farms’ general counsel, corporate secretary and head of environmental, social and governance. “Our inaugural Sustainability Report is a detailed and data-driven look at the impact we’ve had on each of our stakeholder groups, demonstrating how we’ve grown our business while progressing our purpose to improve the lives of people, animals and the planet through food. We look forward to the next phase of this work by publishing concrete, measurable goals for our top ESG issues, developing operational plans to meet these targets and publicly reporting our progress.”
The report covers a wide range of topics specific to each of Vital Farms’ stakeholder groups. This includes investments in Vital Farms’ crew members to foster a people-first culture, progress toward the company’s diversity, equity and inclusion strategy, measurement of carbon emissions, a water risk analysis, a materiality matrix and performance on ESG issues in accordance with Sustainability Accounting Standards Board (SASB) standards.
To read the full report, visit: www.vitalfarms.com/esg.
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