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SASB Index

Topic Accounting Metric Response
Topic: Energy Management Accounting Metric: Total energy consumed Response: 10,778,513 GJ
Accounting Metric: Percentage grid electricity Response: 90%
Accounting Metric: Percentage renewable Response: 10%
Topic: Water Management Accounting Metric: Total water withdrawn Response: 21,438,858 m3
Accounting Metric: Number of incidents of non-compliance associated with water quantity and/or quality permits, standards, and regulations Response: 17
Accounting Metric: Description of water management risks and discussion of strategies and practices to mitigate those risks Response:

In partnership with a third-party firm, Campbell conducted a comprehensive water risk assessment encompassing all of our plants to look at water from three risk categories:

  • Local basin-level water risk,
  • Assessment of future water risk
  • Financial or strategic water risk impacts on the business

It was determined that none of Campbell’s facilities are currently at high risk for water quality and/or quantity impacts, and the assessment also found that our programs and management approaches were leading or near leading among our peers and sector leaders. It also highlighted an opportunity to better connect our stewardship with setting risk-informed goals and incorporating water as a material risk into our governance. We completed third-party assurance of our water data for the second time and have committed to do this annually. In FY2021, we plan to complete a value chain water risk assessment and quantify water use upstream and downstream of our operations.

Topic: Food Safety Accounting Metric: Global Food Safety Initiative (GFSI) audit non-conformance rate Response: In FY2020, all Campbell-owned manufacturing facilities were SQF certified – a recognized GFSI Standard.
Accounting Metric: GFSI associated corrective action rate for major and minor non-conformances Response: In FY2020, all Campbell-owned manufacturing facilities were SQF certified – a recognized GFSI Standard.
Accounting Metric: Percentage of ingredients sourced from Tier 1 supplier facilities certified to GFSI recognized food safety certification program Response: In FY2020, 93% of Campbell's ingredient vendors were GFSI certified.
Accounting Metric: Number of recalls issued Response: 0
Accounting Metric: Total amount of food product recalled Response: 0 metric tons
Topic: Health & Nutrition Accounting Metric: Revenue from products labeled and/or marketed to promote health and nutrition attributes Response: Shared: Consumers – Progress Highlights
Accounting Metric: Discussion of the process to identify and manage products and ingredients related to nutritional and health concerns among consumers Response:

A cross functional team of experts in Food Science, Nutrition, Regulatory and Legal partner with our brands on new innovation, renovation and promotion to develop and validate desired health communications.

Accounting Metric: Revenue from products labeled as containing GMOs Response: $6.4 billion, gross
Accounting Metric: Revenue from products that are non-GMO Response: $613.4 million, gross
Accounting Metric: Number of incidents of non-compliance with industry or regulatory labeling and/or marketing codes Response: 0
Accounting Metric: Total amount of monetary losses as a result of legal proceedings associated with labeling and/or marketing practices Response: $0
Topic: Packaging Lifecycle Management Accounting Metric: Total weight of packaging Response: 441,015 metric tons
Accounting Metric: Percentage made from recycled and/or renewable materials Response:

Campbell set a target to increase the use of post-consumer recycled (PCR) content and incorporate 25% PCR content into polyethylene terephthalate (PET) bottles by 2030. In FY2020, average PCR content across packaging material types was as follows:

  • Aluminum: 70%
  • Corrugate: 38%
  • Glass: 35%
  • Steel: 35%
  • Plastic: 0%
Accounting Metric: Percentage that is recyclable, reusable, and/or compostable Response: 91% (by weight)
Accounting Metric: Discussion of strategies to reduce the environmental impact of packaging throughout its lifecycle Response: Our New Sustainable Packaging Commitments

In May 2020, Campbell publicly committed to reducing packaging waste and increasing circularity through four packaging sustainability goals focused on recyclability, use of recycled content, and expanding consumer education and infrastructure:

  1. Transition 100% of packaging to recyclable or industrially compostable designs and materials by 2030.
  2. Increase the use of post-consumer recycled content and incorporate 25% post-consumer recycled content into polyethylene terephthalate (PET) bottles by 2030.
  3. Drive increases in recycling rates through standardized on-pack labeling by including the How2Recycle label on 100% of packaging by 2022.
  4. Expand access to recycling and advance the development of infrastructure to improve the collection and recycling of packaging by building and investing in partnerships with peers and industry groups.
Topic: Environmental & Social Impacts of Ingredient Supply Chain Accounting Metric: Percentage of food ingredients sourced that are certified to third-party environmental and/or social standards, and percentages by standard Response:
  • USDA Organic: 3.86%
  • RSPO Palm Oil: 0.52% (mass balance)
  • Fair Trade USA: 0.02%
  • GAP 2 Chicken: 0.19%
  • (% of total food ingredient spend)
Accounting Metric: Suppliers’ social and environmental responsibility audit non-conformance rate Response:

Overall non-conformance rate: 75%

  • Major: 75%
  • Minor: 38%
Accounting Metric: Suppliers’ social and environmental responsibility audit associated corrective action rate for major and minor non-conformances Response:

Corrective action rate:

  • Major: 100%
  • Minor: 100%

(Based on SMETA 4-Pillar Audits)

Topic: Ingredients Sourcing Accounting Metric: Percentage of food ingredients sourced from regions with High or Extremely High Baseline Water Stress Response: 6%
Accounting Metric: List of priority food ingredients and discussion of sourcing risks due to environmental and social considerations Response: Reassessing Our Responsible Sourcing Risk

We assessed our ingredients base on three environmental risk factors (deforestation, water and biodiversity) and three social risk factors (child labor, forced labor and governance) with the support of The Sustainability Consortium. We then factored in the volume that we source and the role of the ingredient in our products and brands to determine our list of priority ingredients below.

  • Almonds
  • Cashews
  • Chicken
  • Cheese
  • Chocolate
  • Palm Oil
  • Potatoes
  • Tomatoes
  • Wheat