Glanbia : Financial Reporting Document

SUSTAINABILITY

REPORT2020

"We will use new technologies and management practices to minimise our environmental impact and secure the future for the next generation."

Tara Vander Dussen

Glanbia milk supplier, New Mexico

Glanbia Sustainability Report 2020

Table of Contents

01. OUR STRATEGY

05 Glanbia at a Glance

06 Our Sustainability Strategy

Joint Statement from the Group Managing Director and the Chairman

08 Executive Leadership

Statement from the Chief ESG and Corporate Affairs Officer

10 Our Stakeholders and Materiality

12 Mapping Against the United Nations Sustainable Development Goals (SDGs)

14 Sustainability Highlights 2020 and 2030 Ambition

02. OUR 2030 GOALS:		03. OUR PROGRESS
	PURE FOOD+PURE			2015-2020
	PLANET
17	Our Commitment		24	Our Overall Progress 2015-2020
19	Carbon Net Zero		26	Our People
21	Waste & Packaging		32	Our World
21	Water Intensity Reduction		39	Our Supply Chain
			44	Our Society

2	1. Our Strategy

1. Our 2030 Goals: Pure Food+Pure Planet
2. Our Progress 2015 - 2020
3. Our Accountability

04. OUR ACCOUNTABILITY

49 Our Governance

51 Our Corporate Responsibility Framework

51 How We Report

1. EU Non-Financial Reporting Directive
2. EU Non-Financial Reporting Statement

Glanbia Sustainability Report 2020

SECTION 1

OUR STRATEGY

Glanbia at a Glance

Our Sustainability Strategy

Executive Leadership

Our Stakeholders and Materiality

Mapping Against the United Nations Sustainable

Development Goals (SDGs)

Sustainability Highlights 2020 and 2030 Ambition

3	1. Our Strategy

1. Our 2030 Goals: Pure Food+Pure Planet
2. Our Progress 2015 - 2020
3. Our Accountability

Glanbia Sustainability Report 2020	4	1. Our Strategy
		2.	Our 2030 Goals: Pure Food+Pure Planet
		3.	Our Progress 2015 - 2020
		4.	Our Accountability

Our strategy.

Ourstrategy is toputsustainable growth at theheart

of the Glanbia businessmodel.We will do thisby

embeddingsustainabilityprinciples in allareas of our

businessandby setting specific environmentaland social goalsthat address our most material aspects.

Glanbia Sustainability Report 2020	5	1. Our Strategy
		2.	Our 2030 Goals: Pure Food+Pure Planet
		3.	Our Progress 2015 - 2020
		4.	Our Accountability

Glanbia at a Glance

GLANBIA AT A GLANCE

Glanbia is a global nutrition group, dedicated to delivering better nutrition for every step of life's journey. We are committed to finding better, healthier, more sustainable nutrition products that fit the lifestyles and needs of people around the world. We are

7,632	100+	€3.8bn
people employed	countries where products	wholly owned revenue
are distributed

constantly innovating, developing and reinventing our brands and ingredients.

2 core business units:

Glanbia Performance	Glanbia Nutritionals (GN)
Nutrition (GPN)

#1	#1
global performance	US producer of whey
nutrition brands	protein isolate

-8% CO2 emissions (since 2018)

57%	exceeded 2015- 2020
	water reduction target
electricity generated	9%
from renewable energy

GPN achieved

zero waste

to landfill

4

Strategic Joint Ventures focusing on large scale dairy processing

8bn

litres of milk produced annually by

5,000

milk suppliers

97%	of Idaho suppliers compliant with FARM
Environmental Stewardship.

Sustainability strategy and clear targets