Pyxus Releases Fiscal Year 2025 Sustainability Report; Announces Refreshed Sustainability Strategy

Core Insights - Pyxus International, Inc. has published its Fiscal Year 2025 Sustainability Report, highlighting the measurable impacts of its sustainability initiatives and announcing a refreshed sustainability strategy [1][2] Group 1: Sustainability Strategy - The refreshed sustainability strategy consolidates the company's focus areas from 12 to 8, emphasizing a more disciplined approach to value creation [6] - The updated strategy includes three environmental topics: climate action, nature, and regenerative agriculture, along with three social topics: farmer livelihoods, responsible supply, and engaged workplace [6] - A double materiality assessment was conducted to evaluate both impact materiality and financial materiality, guiding the development of the updated sustainability strategy [5] Group 2: Sustainability Targets and Achievements - Certain sustainability targets remain intact while others have been updated to reflect progress and shifts in regulatory landscapes [7] - The company achieved a 47% decrease in waste sent to landfill since the 2020 base year by recycling, reusing, or repurposing approximately 69% of waste from direct operations [9] - Scope 1 & 2 emissions were reduced by nearly 9% compared to the prior reporting period, despite flat processed volumes [9] - Water withdrawal in direct operations decreased by approximately 6% compared to the prior year and nearly 22% since the 2020 baseline [9] - The company surpassed its annual community support target, benefiting over 323,300 people through approximately 100 initiatives [9] Group 3: Leadership and Commitment - The President and CEO of Pyxus emphasized that the commitment to sustainability serves as a strategic lever for long-term competitiveness and risk mitigation [3] - The company aims to strengthen strategic partnerships while pursuing ambitious sustainability goals to drive meaningful impact [8]