ESG strategy

To deliver value in global supply chains by living our values around people, partners and planet.

We strive for the sustainable development that our stakeholders, customers, and community expect. Our ESG strategy is aligned with the United Nations’ Sustainable Development Goals (SDGs) with three key pillars of environment, society, and governance. Our key priorities and commitments are included in the diagram.

Our Approach to ESG

IDENTIFYING ESG PRIORITIES THROUGH AN ANNUAL MATERIALITY ASSESSMENT

Utilizes an annual materiality assessment to reaffirm and evaluate our ESG priorities as perceived by both internal colleagues and external stakeholders. By prioritizing these areas, LF not only responds to stakeholder concerns but also aligns its efforts with its overall ESG strategy. This alignment enhances our ESG practices, boosts overall performance, and fosters sustainable growth and innovation throughout the organization.

IMPLEMENTING ROBUST RISK ASSESSMENT & MANAGEMENT

Guided by the OECD Due Diligence Framework, LF implement a robust risk assessment and management strategy for Environmental, Social, and Governance (ESG) considerations across both our supply chains and internal operations

TRAINING AND AWARENESS

Training and awareness-raising activities are crucial for advancing ESG implementation within our organization and throughout our supply chains. We utilize our diverse teams across different countries to provide targeted training that takes local nuances into account. This approach ensures that our employees and suppliers clearly understand ESG initiatives and how to apply them effectively in their operations.

External recognition

Read our ESG Report 2021 / 2022 / 2023 / 2024 to learn more about our progress.