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Sysco Announces Sustainability Bond Framework to Advance Its 2025 CSR Goals

February 07, 2020 / EIN News

Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, announced today it has designed a Sustainability Bond Framework (the Framework) under which it may issue Green, Social and/or Sustainability Bonds to advance the company’s 2025 corporate social responsibility (CSR) goals. Sysco’s CSR strategy focuses on three key areas: people, products and planet, setting a clear path for the future and demonstrating the company’s continued commitment to caring for people, sourcing products responsibly and protecting the planet. The company’s 2025 CSR goals, announced in 2018, include a comprehensive set of objectives, including sourcing 20% of its electricity from renewable sources, powering 20% of its truck fleet with alternative fuels, expanding its sustainable agriculture program to five fresh crops, doubling the availability of Sysco Brand organic produce, and increasing its spend with women- and minority-owned suppliers by 25%.