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Mission Produce Releases Inaugural Environmental, Social, and Governance (ESG) Report, Finest for the Future
"Finest for the Future” highlights commitment to farming sustainably, protecting its people, supporting global communities, as well as annual reductions in
About this update from Mission Produce, Inc.
[{"type":"text","content":"\"Finest for the Future” highlights commitment to farming sustainably, protecting its people, supporting global communities, as well as annual reductions in waste and water usage Largest distributor of Hass avocados commits to reducing plastic in its bags by 50% by 2025 OXNARD, Calif., April 08, 2021 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (NASDAQ:AVO) (“Mission” or the “Company”), the world leader in sourcing, producing, and distributing fresh Hass avocados, today announces the release of its inaugural Environmental, Social, and Governance (ESG) Report, titled “Finest for the Future.” The report highlights the Company’s accomplishments in sustainable farming and details the status and scope of its goals across Diversity, Equity and Inclusion (DE&I), climate risk, waste reduction and community investment. Throughout its history, Mission has remained rooted in honesty, respect, and loyalty to its land, resources, and people. As the global leader in avocados, Mission has committed to sustainability initiatives that embody its core values: Fun, Innovative, Reliable, Successful, and Trustworthy. For over 35 years, the Company has invested in its people, state-of-the-art technology and infrastructure. “Mission Produce’s first ESG Report illustrates our dedication to the finest practices for our people, product and planet,” said Mission Produce Chief Executive Officer and Founder, Steve Barnard. “We embody sustainable practices from field to fork and our advanced farming practices allow us to keep our water usage per avocado well below the industry average. Our people are passionate and have an innovative spirit, constantly driving our operations to reduce our environmental footprint and contribute positively to our global community.” With a focus on investing in people, reducing water and waste, and minimizing carbon emissions, key highlights of the report include the following accomplishments and goals: Mission announced the implementation of a reduced plastic bag in at least 50% of the bags packed and shipped globally by fiscal year 2025, equating to almost 500,000 0.5-liter plastic bottles;Mission’s precision and biodiverse farming methods use less irrigation water per avocado compared to the average grower, specifically 40.5% less water in Peru1 and 40% less water in California;2Solar panels at the packing facility in the Compa...