Cleveland — For the third consecutive year, Sustainalytics has recognized Barry Callebaut as an industry leader in the management of the Environmental, Social and Governance (ESG) risks in its supply chain. The ESG Risk Ratings measure a company’s exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure refers to the extent to which a company is exposed to different material ESG issues, taking into consideration subindustry and company-specific factors such as its business model. Sustainalytics rates Barry Callebaut’s exposure as high. Management refers to how well a company is managing its relevant ESG issues, assessing the robustness of a company’s ESG programs, practices and policies. Management of Barry Callebaut’s ESG Material Risk is strong, Sustainalytics reports.
The company notes its values represent a mindset and way of doing business committed to generating sustainable earnings over time and creating long-term value for stakeholders.
In addition, this year Barry Callebaut hosted its first dedicated ESG Investor Roadshow with its CFO Ben De Schryver and Chief Innovation, Sustainability & Quality Officer, Global Head of Gourmet Pablo Perversi presenting on and discussing ESG topics.