MONTREAL — MTY Food Group Inc. has released its initial Sustainability Report. The report summarizes the progress MTY made in fiscal 2021 and outlines commitments for future years based on the Sustainability Accounting Standards Board (SASB) and Global Reporting Initiative’s (GRI) reporting standards.
A cross-functional team spanning all divisions was established to report on achievements and establish consistent objectives across all business units.
Topics include people and culture; governance; cybersecurity and data protection; food security and supply-chain management; food safety and product quality, and environmental impact.
A second MTY Canadian operations Sustainability Report, encompassing 2022 initiatives, is planned for 2023, with subsequent reports published annually.
Standards will include making nutritional information, ingredient lists and allergen cards of core menus transparent for the top 50 brands by 2023 and all brands by 2024; replacing hard-to-recycle plastics with alternative renewable or recyclable packaging by the end of 2023; evaluating current diversity, equity and inclusion (DEI) practices and efforts by identifying and exploring opportunities for improvement, and engaging with a third-party firm in setting a DEI strategy by 2023.
“We are proud to present our first Sustainability Report centred on the pillars of food, planet and people that are fundamental to MTY,” says Eric Lefebvre, chief executive officer of MTY. “While we have made key strides in the past year, we acknowledge there is still much work to be done. Setting measurable goals and reviewing priorities as our environment evolves will help us along our journey of continuous improvement over the upcoming years.”
To view MTY’s Sustainability Report, click here: https://sustainability.mtygroup.com/.
