ORLANDO,
Fla., Oct. 27, 2022 /PRNewswire/ -- Tupperware
Brands Corporation (NYSE: TUP), a leading global consumer products
company, today published its 2022 ESG Report, which details the
company's commitment to further integrating environment, social,
and governance efforts into its business strategy as part of its
ongoing Turnaround Plan. The report highlights the progress
Tupperware® made toward its 2025 and 2030 targets in 2021 and
describes how the company has aligned its purpose, values, and
strategy with ESG principles. It also showcases the company's
commitment to transparency, accountability, and continuous
improvement.
The report details the company's ongoing ESG targets for 2025
and 2030, which align with the United Nations Sustainable
Development Goals 5, 6, 12, and 13. Highlights include:
Environment
- In 2021, among other achievements, Tupperware achieved the
following results at the company's owned manufacturing
facilities:
-
- 75% diversion of waste diverted from disposal
- 18% reduction in water withdrawal per ton of product
- 20% reduction in absolute greenhouse gas emissions (Scope 1 and
2)
- 16.5% reduction in polybag use for product packaging
- 95% of products returned were resold, recycled, or
repurposed
- Tupperware more than quadrupled its total volume of sustainable
resins used in 2021 compared to 2020, increasing from about 0.35%
of total raw materials to 1.48%.
- Tupperware achieved International Sustainability Carbon
Certification at its plants in Brazil and Greece, and the company's plant in
Portugal became the first
Tupperware factory to operate with 100% clean energy.
Social
- The ongoing societal, economic, and global health challenges in
2021 led to Tupperware implementing initiatives like a flexible,
hybrid work schedule; the TuppWell wellbeing program; a Fridays
Unplugged initiative; mental health facilitations; and other
programs to improve the lives and wellbeing of its associates.
- In 2021, the company also achieved the following awards and
recognition:
-
- Tupperware was named an Honorable Mention for Fast Company's
Innovation by Design Materials, and was recognized in the Fast
Company 2021 list of Brands That Matter
- Named one of America's Most Responsible Companies in 2022 by
Newsweek
- Named in the Forbes Halo 100 of 2022
- In 2021, Tupperware also invested millions in Sales Force
events, training and development initiatives, reinforcing the
company's commitment to its people.
- Tupperware renewed its premier partnership with the National
Park Foundation, including a $2
million donation to support the Resilience and
Sustainability Initiative.
- The company and its independent sales force members supported
local disaster relief efforts around the world including the
donation of Tupperware product in partnership with Convoy of Hope
to support Hurricane Ida relief efforts in the United States, and the provision of warm
meals, gas masks and other in-kind donations to areas in
China and Greece that were hit by flooding and fires,
among others.
- In 2021, women comprised 58% of the Tupperware global workforce
and 68% of all new hires.
- Tupperware progressed toward its goal of achieving global
certification for gender equity areas including representation, pay
equity, policies and practices, inclusiveness in career
development, skills-based hiring and the global expansion of its
Associate Resource Groups.
Governance
- In 2021, Tupperware achieved the following:
-
- Distributed Code of Conduct training modules, enabling
Tupperware Associates to complete critical training sessions
remotely and at their convenience.
- Strengthened the company's compliance department leadership
structure to help further improve company compliance processes,
leading to a reduced turnaround time in processing Code of Conduct
complaints.
- Pursuant to its governance targets related to the diversity of
the company's Board of Directors, Tupperware achieved 45% women
representation on the Board. The company is also progressing toward
its ESG performance and compensation-related targets, to be
achieved by 2030.
"Sustainability and environmental & social responsibility
have been core to how this brand has operated since the very
beginning. We continue to be true to who we are and who we have
always been to fulfill our purpose of nurturing a better future for
all," said Miguel Fernandez,
President and Chief Executive Officer of Tupperware Brands. "As ESG
issues move into the mainstream both due to regulatory requirements
and stakeholder expectations, our integrated ESG approach remains
critical to guide our business strategy across all functions and
markets."
About Tupperware Brands
Corporation
Tupperware Brands Corporation (NYSE: TUP) is a leading global
consumer products company that designs innovative, functional and
environmentally responsible products that people love and trust.
Founded in 1946, Tupperware's signature container created the
modern food storage category that revolutionized the way the world
stores, serves and prepares food. Today, this iconic brand has more
than 8,500 functional design and utility patents for
solution-oriented kitchen and home products. With a purpose to
nurture a better future, Tupperware® products are an alternative to
single-use items. The Company distributes its products into nearly
70 countries primarily through independent representatives around
the world. For more information, visit Tupperwarebrands.com or
follow Tupperware on Facebook, Instagram, LinkedIn and
Twitter.
Investors: Douglas M. Lane, CFA,
douglaslane@tupperware.com (321) 503-9640
Media: Cameron Klaus, cameronklaus@tupperware.com,
(407) 371-9784
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SOURCE Tupperware Brands Corporation