About This Report
This 2022 Environmental Social Governance Report (“Report”) is the fourth Environmental Social Governance (ESG) report issued by The Kraft Heinz Company (“Kraft Heinz” or “the Company”). This Report reflects our commitment to transparency and provides details for our stakeholders on progress to date against our ESG goals and objectives, which are based on our most significant ESG issues. These issues were reviewed and updated based on our ESG Materiality assessment.
This Report does not include details on our financial performance. Details on our financial performance can be found in our public filings with the U.S. Securities and Exchange Commission (“SEC”) and on our investor relations website. Materiality as used in this report, sometimes referenced as “ESG materiality,” and our ESG materiality review process, are intended to reflect priority ESG issues and do not have the same meaning as materiality under U.S. securities laws, in our filings with the SEC, or under similar laws in other jurisdictions. Issues deemed material for purposes of this Report and for purposes of determining our ESG strategies may not be considered material for other purposes, including our SEC or other reporting.
Unless otherwise noted, this Report covers initiatives and performance metrics associated with our global operations from January 1 through December 31, 2021. Kraft Heinz anticipates issuing an ESG Report annually.
We have utilized the United Nations Sustainable Development Goals (SDGs) as a guiding framework in the development of our ESG initiatives. This Report also serves as our Communication on Progress as a signatory to the United Nations Global Compact and CEO Water Mandate.
Kraft Heinz supports the SDGs, which represent a universal call to action to end poverty, protect the planet and ensure prosperity for all. As such, we considered the SDGs when developing Kraft Heinz’s global ESG strategy and goals. The global ESG strategy of Kraft Heinz supports all 17 SDGs in varying degrees. We have identified the main places in this Report to demonstrate the key ways our initiatives work towards the targets aligned with the SDGs. This is represented by the appropriate icons preceding those correlating sections throughout the report.
This Report was prepared utilizing the Global Reporting Initiative (GRI) Sustainability Standard. We have also aligned this Report to the general principles of the Sustainability Accounting Standards Board (SASB) for food and beverage companies, as well as the Task Force on Climate-related Financial Disclosure (TCFD). Separate downloads of our ‘GRI’, ‘SASB’, and ‘TCFD’ disclosures are available here.
Kraft Heinz engaged with Bureau Veritas and SGS United Kingdom Ltd. to provide limited assurance in relation to specific 2021 environmental data. Details on our assurance activities are available in the appendix of our Report and here.
We welcome feedback on our ESG strategy and goals. To share questions or comments, please contact ESG@kraftheinz.com.