Sysco 2025 Goals: Diversity, Sustainability and Healthy Products

Sysco Corporation announced its 2025 Responsibility Goals, building on the company’s Corporate Social Responsibility (CSR) initiatives. The goals are meant to define a clear path for Sysco’s future and to “demonstrate the company’s continued commitment to care for people, supply products responsibly and protect the planet,” according to the company.

“As the global leader in foodservice distribution, it is our responsibility to operate in a manner that meets the needs of our customers today, while producing positive, lasting change,” said Tom Bené, Sysco’s president and chief executive officer. “Our 2025 goals are a solid foundation that further demonstrate our global sustainability commitment. We are leading our industry with our CSR initiatives and by including specific long-term goals that align with our strategic business priorities, we are living our vision of becoming our customers’ most valued and trusted business partner.”

The 2025 Responsibility Goals, called Delivering a Better Tomorrow, is made to focus on three specific topics: people, products, and planet.

For people, the global foodservice distribution company plans to give back by doing good and changing lives in their communities; creating a diverse and inclusive work environment and empowering associates, customers and the next generation to make healthy choices about lifestyles and diet.

This includes donating a total of 200 million meals in their local communities, contributing $50 million to their local communities, increasing total U.S. associate ethnic and gender diversity to 62 percent, and increase spend 25 percent with women and minority-owned suppliers.

For products, Sysco plans to supply products responsibly by improving animal welfare in the foodservice industry; minimizing negative environmental, social or ethical impacts when sourcing products and ensuring that human rights are respected in the company’s operations, as well as the global supply chain.

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Sysco released fourth fiscal quarter results

For planet, Sysco plans to protect the planet by advancing sustainable agriculture practices, reducing the company’s carbon footprint and diverting waste from landfills, in order to protect and preserve the environment for future generations.

Sysco also released their financial results for its 13-week fourth fiscal quarter, which topped all expectations and successfully exceeded their 3-year plan objectives.

The fourth quarter fiscal 2018 highlights included sales that increased 6.2% to $15.3 billion and the gross profit increased 5.7% to $2.9 billion. Fiscal 2018 highlights included sales that increased 6.1% to $58.7 billion and gross profit increased 5.0% to $11.1 billion.

“Overall, I am pleased with our performance in fiscal 2018, which culminated in the successful delivery of our initial three-year plan, including the achievement of our adjusted operating income growth target.  As we head into fiscal 2019, we remain confident in our ability to profitably grow the business and accomplish our objectives,” said Tom Bené, Sysco’s president and chief executive officer.