Ardent Mills Unveils ESG Strategy

Published on:
by KnowESG
KnowESG_Ardent Mills Unveils ESG Strategy
Image courtesy of Ardent Mills

Ardent Mills, the leading flour-milling and ingredient company, has unveiled its Environmental, Social, and Governance (ESG) report for the fiscal year 2023 (FY2023).

Aligned with the company's ESG framework, Nourish: Intention & Impact, the report delineates new time-bound objectives encompassing all facets of the business. It also highlights accomplishments and new initiatives from the preceding fiscal year.

Dan Dye, Ardent Mills' CEO, emphasised the company's commitment to values such as trust, service, simplicity, and safety in pursuit of nurturing what lies ahead. The newly introduced ESG strategy reflects a steadfast dedication to purposeful and impactful transformation, both within the organisation and the broader communities it serves. Dye expressed gratitude for the progress outlined in the FY23 ESG Report, reiterating the commitment to forging a sustainable and prosperous future.

Key highlights from FY23 under the Nourish: Intention & Impact framework include:

COMMUNITIES

The Communities pillar focuses on expanding agricultural education and ensuring access to nutrition. Noteworthy achievements include engaging 9,45,000 students in agricultural education, contributing monetary gifts to agricultural innovation initiatives, donating over 2.9 million meals to local communities, and volunteering more than 5,900 hours with nonprofit partners.

PEOPLE

The People pillar underscores Ardent Mills' initiatives to create a thriving workplace. Key accomplishments include addressing the lack of custom-designed women's uniforms, diversifying the intern class through recruiting at historically Black colleges and universities, and investing in employee development programmes. Safety measures were also prioritised, with almost 50,000 hours of safety training and 25 locations achieving no recordable safety incidents in FY23.

PLANET

The Planet pillar focuses on responsible resource management. Accomplishments include conducting a greenhouse gas emissions inventory, sourcing 37% of energy from renewable sources, increasing recycling and composting participation in facilities, and saving 4.8 million gallons of water through optimisation efforts.

INGREDIENTS

The Ingredients pillar highlights Ardent Mills' responsible sourcing efforts. Achievements in FY23 encompassed establishing a new leadership role for supplier diversity, enrolling nearly 3,50,000 acres into the regenerative agriculture programme, sourcing 100% RSPO-certified sustainable palm oil, and expanding the product portfolio to meet the growing demand for gluten-free and alternative grain options.

Phoenix Dugger, Senior Manager of ESG at Ardent Mills, emphasised that the FY23 ESG report serves as a benchmark in their ongoing journey to be responsible corporate citizens. Guided by Nourish: Intention & Impact, the company remains committed to driving innovation, promoting sustainability, and shaping a future aligned with social and environmental responsibility. To delve deeper into Ardent Mills' ESG initiatives, interested parties can explore the dedicated ESG page on the company's website.

For more investor-related news

To view and compare company ESG Ratings and Sustainability Reports, visit our Company ESG Profiles page.

Source: Ardent Mills

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