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or Name
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CA



Maple Leaf Foods Inc
Symbol MFI
Shares Issued 134,571,289
Close 2016-05-04 C$ 28.03
Market Cap C$ 3,772,033,231
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Maple Leaf Foods releases 2015 sustainability report

2016-05-04 18:56 ET - News Release

Mr. Michael McCain reports

ADDRESSING CRITICAL SOCIAL AND ENVIRONMENTAL ISSUES TO BECOME THE BETTER MEAT COMPANY

Maple Leaf Foods Inc. has a goal of becoming a better meat company, anchored by its commitment to sustainability and creating economic, social and environmental value.

"Maple Leaf has completed one of the most complex transformations in the North American food industry, investing over $1-billion to build a strong Canadian company," said Michael H. McCain, president and chief executive officer, at the company's annual and special meeting. "Being a great company requires taking a broader view to create social, environmental and business value. From reducing our climate change impact, to advancing animal care, to making simpler, healthier products, sustainability is fundamental to our growth and making Maple Leaf the better meat company. It will shape our operations, our products, our culture."

Maple Leaf is executing a comprehensive approach to sustainability, spanning four priorities: nutrition and health, people and communities, animal care, and environmental sustainability. Today, the company released its 2015 sustainability report and 2016 plan on its sustainability website.

Highlights include:

  • Advance nutrition and health: Maple Leaf is a North American leader in providing raised without antibiotics products across its branded, private label and food service businesses. Veterinarian Dr. Kathleen Long explains the importance of reducing antibiotic use in animals and the company's poultry program.
  • Treat animals well: Maple Leaf was the first large-scale Canadian company to commit to transitioning its sow barns from confining crates to open housing. Maple Leaf's vice-president of animal care, veterinarian, Dr. Greg Douglas, highlights Maple Leaf's progress and the benefit for animals.
  • Value people and communities: One in six Canadian children and one in eight households face food insecurity. These are shocking statistics in a country as food-rich as Canada. In 2016, Maple Leaf is launching a comprehensive strategy to support innovative approaches that advance sustainable food security.
  • Eliminate waste: Maple Leaf has established an aggressive goal to cut its environmental footprint in half by 2025, requiring significant reductions in the company's climate change impact, waste and water usage. Maple Leaf currently diverts over 91 per cent of its waste from landfill.

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