In early 2021, Tupperware completed a materiality assessment to determine which areas would be most important to the business as it built a thoughtful environmental, social and governance (ESG) strategy. The result is a ten-year plan for environmental efforts and, for the first time, included social and governance targets regarding diversity, equity and inclusion, as well as ESG compensation and performance-based metrics.
In a new sustainability report, the company revealed these ESG goals which will be integrated into its business strategy as part of its ongoing Turnaround Plan, as well as new ESG targets for 2025 and 2030 that align with the United Nations Sustainable Development Goals 5, 6, 12 and 13.
“Since Tupperware’s very beginning, we have focused on how we can better care for both people and the planet, using our products to reduce waste and empowering individuals across the world to start, build, and succeed in their entrepreneurial journey through a business opportunity in selling Tupperware products,” said Miguel Fernandez, President and Chief Executive Officer of Tupperware Brands. “Despite the recent challenges facing businesses worldwide due to COVID-19, we know there is value in doing the right thing across all aspects of our business, which is why we made tremendous efforts over the past 18 months to hone in on our ESG goals. As we continue along the journey of our Turnaround Plan, our ESG priorities are critical to the success of our business and to the contributions we want our brand to make for current and future generations.”
This sustainability report also offered highlights from progress made toward these goals in 2020 which include:
- An executive and management team comprised of 60% women
- Global corporate giving of $4.24 million in 2020, 3.8% of the company’s annual net income
- Modification to the Board of Directors to reflect a profile comprised of 45% women
- 72% diversion of waste from disposal
- 26% reduction in water withdrawal per ton of product
- 14% reduction in greenhouse gas emissions per ton of product
- 9% reduction in energy consumption per ton of product
New environmental targets for manufacturing operations now include 90% absolute reduction of greenhouse gas emissions generated by company-owned manufacturing plants by 2030, and 95% elimination of non-recyclable, non-compostable, non-biodegradable, non-reusable plastic packaging for Tupperware products by 2030.
