Saputo Issues its 2025 Promise Report

Core Insights - Saputo Inc. released its 2025 Saputo Promise Report, highlighting key ESG achievements and completing its three-year corporate responsibility strategic cycle [1][3] - The Saputo Promise consists of seven pillars aimed at nourishing, protecting, and supporting communities [2] ESG Achievements - In FY25, Saputo was recognized as one of the World's Best Companies of 2024 by TIME magazine, reflecting the strength of its workforce and community support [7] - The company reduced its overall employee turnover rate to 18%, down from 23% in FY23, and invested CDN$11.2 million in employee training and development [7] - Over the past three years, Saputo invested more than CDN$4 million in projects to support sustainable farming practices among dairy farmers in Canada, the UK, Australia, and the US [7] - The company's carbon intensity decreased by 22% compared to its FY20 baseline, surpassing its initial target of 20% [7] - Saputo expanded its Legacy Program to 88 projects globally, investing over CDN$4 million and covering 67% of the communities where it operates [7] - The company donated more than 1.4 million kilos of products to local food banks, enough to feed over 4 million people [7] Future Plans - Saputo's new three-year cycle (FY26-FY28) will focus on key global priorities while advancing all aspects of the Saputo Promise [4] - The company introduced new 2030 Environment Pledges, including science-based emissions reduction targets validated by SBTi, improved water use, and streamlined waste and packaging targets [4]