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Lineage Foundation for Good Pledges $8.8 Million in Food Donations and Cash Grants to Help Community Partners Tackle Food Insecurity

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Lineage Foundation for Good, the philanthropic arm of Lineage, Inc., has pledged $8.8 million in food donations and cash grants to address hunger and food insecurity. To kick off this commitment alongside Lineage's IPO, the Foundation is donating $100,000 to New York Common Pantry and hosting a meal kit packing event in Times Square.

Since 2020, Lineage has donated the equivalent of over 176 million meals. The Foundation aims to develop a global link between food producers and those in need. In New York City, 1 in 9 people face hunger, with 1.2 million residents experiencing food insecurity. Globally, up to 309 million people face acute food insecurity in 2024.

Lineage, Inc., the world's largest temperature-controlled warehouse REIT, operates over 480 facilities across North America, Europe, and Asia-Pacific, totaling over 84.1 million square feet of space. The company partners with food producers, retailers, and distributors to increase efficiency and sustainability in the food supply chain.

La Lineage Foundation for Good, il ramo filantropico di Lineage, Inc., ha promesso 8,8 milioni di dollari in donazioni di cibo e sovvenzioni in denaro per affrontare la fame e l'insicurezza alimentare. Per dare avvio a questo impegno insieme all'IPO di Lineage, la Fondazione sta donando 100.000 dollari al New York Common Pantry e organizzando un evento di imballaggio di kit pasto a Times Square.

Dal 2020, Lineage ha donato l'equivalente di oltre 176 milioni di pasti. La Fondazione mira a sviluppare un collegamento globale tra i produttori alimentari e coloro che hanno bisogno. A New York City, 1 persona su 9 affronta la fame, con 1,2 milioni di residenti che vivono in insicurezza alimentare. A livello globale, fino a 309 milioni di persone affrontano un'insicurezza alimentare acuta nel 2024.

Lineage, Inc., il più grande REIT di magazzini a temperatura controllata del mondo, gestisce oltre 480 strutture in Nord America, Europa e Asia-Pacifico, per un totale di oltre 84,1 milioni di piedi quadrati di spazio. L'azienda collabora con produttori alimentari, rivenditori e distributori per aumentare l'efficienza e la sostenibilità nella catena di approvvigionamento alimentare.

La Lineage Foundation for Good, el brazo filantrópico de Lineage, Inc., ha prometido 8,8 millones de dólares en donaciones de alimentos y subvenciones en efectivo para abordar el hambre y la inseguridad alimentaria. Para dar inicio a este compromiso junto a la salida a bolsa de Lineage, la Fundación está donando 100,000 dólares a New York Common Pantry y organizando un evento de empaquetado de kits de comida en Times Square.

Desde 2020, Lineage ha donado el equivalente de más de 176 millones de comidas. La Fundación tiene como objetivo desarrollar un vínculo global entre los productores de alimentos y los necesitados. En la ciudad de Nueva York, 1 de cada 9 personas enfrenta el hambre, con 1.2 millones de residentes experimentando inseguridad alimentaria. A nivel mundial, hasta 309 millones de personas enfrentarán una inseguridad alimentaria aguda en 2024.

Lineage, Inc., el REIT de almacenes controlados por temperatura más grande del mundo, opera más de 480 instalaciones en América del Norte, Europa y Asia-Pacífico, totalizando más de 84.1 millones de pies cuadrados de espacio. La empresa colabora con productores de alimentos, minoristas y distribuidores para aumentar la eficiencia y la sostenibilidad en la cadena de suministro alimentaria.

Lineage, Inc.의 자선 부문인 Lineage Foundation for Good은 880만 달러의 식품 기부와 현금 보조금을 약속했습니다 음식 부족과 식량 불안정을 해결하기 위해. Lineage의 IPO와 함께 이 약속을 시작하기 위해 재단은 뉴욕 공용 식품 저장소에 10만 달러를 기부했습니다 그리고 타임스 스퀘어에서 식사 키트 포장 이벤트를 주최합니다.

2020년 이후, Lineage는 1억 7600만 끼 이상의 식사를 기부했습니다. 재단은 식품 생산자와 도움이 필요한 사람들 간의 글로벌 연결을 발전시키는 것을 목표로 하고 있습니다. 뉴욕 시에서는 9명 중 1명이 식량 부족에 직면해 있습니다 120만 명의 주민이 식량 불안을 겪고 있습니다. 전 세계적으로 2024년에는 3억 900만 명이 심각한 식량 불안정에 직면하게 됩니다.

Lineage, Inc.는 세계에서 가장 큰 온도 조절 창고 REIT으로, 북미, 유럽 및 아시아 태평양 전역에 480개 이상의 시설을 운영하고 있습니다 총 8410만 평방피트 이상의 공간입니다. 이 회사는 식품 생산자, 소매업체 및 유통업체와 협력하여 식품 공급망의 효율성과 지속 가능성을 높이고 있습니다.

La Lineage Foundation for Good, le bras philanthropique de Lineage, Inc., a engagé 8,8 millions de dollars en dons alimentaires et subventions en espèces pour lutter contre la faim et l'insécurité alimentaire. Pour lancer cet engagement aux côtés de l'introduction en bourse de Lineage, la Fondation donne 100 000 dollars au New York Common Pantry et organise un événement de conditionnement de kits de repas à Times Square.

Depuis 2020, Lineage a donné l'équivalent de plus de 176 millions de repas. La Fondation vise à développer un lien mondial entre les producteurs alimentaires et les personnes dans le besoin. À New York, 1 personne sur 9 est confrontée à la faim, avec 1,2 million de résidents vivant en insécurité alimentaire. À l'échelle mondiale, jusqu'à 309 millions de personnes seront confrontées à une insécurité alimentaire aiguë en 2024.

Lineage, Inc., le plus grand REIT de magasins contrôlés par température au monde, exploite plus de 480 installations en Amérique du Nord, en Europe et en Asie-Pacifique, totalisant plus de 84,1 millions de pieds carrés d'espace. L'entreprise s'associe à des producteurs alimentaires, des détaillants et des distributeurs pour accroître l'efficacité et la durabilité dans la chaîne d'approvisionnement alimentaire.

Die Lineage Foundation for Good, der philanthropische Arm von Lineage, Inc., hat 8,8 Millionen Dollar in Lebensmittelspenden und Barzuschüsse zugesagt, um Hunger und Lebensmittelsicherheit zu bekämpfen. Um dieses Engagement gemeinsam mit dem IPO von Lineage zu starten, spendet die Stiftung 100.000 Dollar an die New York Common Pantry und veranstaltet ein event zur Verpackung von Mahlzeitenpaketen am Times Square.

Seit 2020 hat Lineage Lebensmittel im Wert von über 176 Millionen Mahlzeiten gespendet. Die Stiftung hat sich zum Ziel gesetzt, eine globale Verbindung zwischen Lebensmittelproduzenten und Bedürftigen aufzubauen. In New York City ist 1 von 9 Personen von Hunger betroffen, wobei 1,2 Millionen Einwohner unter Lebensmittelunsicherheit leiden. Weltweit werden bis zu 309 Millionen Menschen 2024 von akuter Lebensmittelunsicherheit betroffen sein.

Lineage, Inc., der größte REIT für temperaturkontrollierte Lagerhäuser der Welt, betreibt über 480 Einrichtungen in Nordamerika, Europa und Asien-Pazifik, insgesamt mehr als 84,1 Millionen Quadratfuß Fläche. Das Unternehmen arbeitet mit Lebensmittelproduzenten, Einzelhändlern und Distributoren zusammen, um die Effizienz und Nachhaltigkeit in der Lebensmittelversorgungskette zu erhöhen.

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Donation of $100,000 to New York Common Pantry and meal kit packing event in Times Square kick off foundation’s annual giving commitment alongside Lineage’s initial public offering

NOVI, Mich.--(BUSINESS WIRE)-- Lineage Foundation for Good (the “Foundation”), the independent philanthropic arm of Lineage, Inc., the world’s largest global temperature-controlled warehousing REIT, today announced a pledge of $8.8 million in food donations and cash grants to community partners to address hunger and food insecurity. To kick off this commitment, alongside Lineage’s initial public offering, Lineage Foundation for Good is donating $100,000 to the New York Common Pantry and hosting a meal kit packing event in Times Square to provide meals for families in need throughout New York. These actions further the Foundation's long-standing mission to fight food insecurity, underscored by Lineage’s commitment to help feed the world.

One in nine people in New York face hunger, and 1.2 million New Yorkers across the five boroughs are food insecure, according to the USDA and the New York City Mayor’s Office of Food Policy. Globally, up to 309 million people are facing acute levels of food insecurity in 2024 and do not know where their next meal is coming from, says the World Food Programme.

“The Lineage Foundation for Good is excited for the opportunity to help tackle food insecurity in New York City, consistent with our efforts in communities around the world,” said Hannah Hoskins, Executive Director of the Lineage Foundation for Good. “Today is historic for Lineage and it’s fitting that the company would use such an important milestone to also give back. The Foundation is proud to partner with Lineage today and every day to help bridge the hunger gap in the U.S. and beyond.”

Since 2020, Lineage has donated the equivalent of over 176 million meals, including through the company’s “Share a Meal” campaign and in partnership with customers donating surplus product, as well as team members donating food to local food banks and grants issued to help build capacity at food banks around the globe.

“Every day, Lineage team members play an essential role in helping safeguard our customers’ products on their journey from farm to forks in communities around the globe. In honor of our IPO, I can’t think of a better way to celebrate this achievement than by spending some time giving back to the people of New York,” said Greg Lehmkuhl, President and CEO of Lineage. “Food is essential for everyone, everywhere. As we move forward as a public company, Lineage will continue to show up in the fight to end food insecurity as we strive to transform the food supply chain to eliminate waste and help feed the world.”

To learn more about the Lineage Foundation for Good or get involved in its mission to fight food insecurity, please visit www.onelineage.com/about-us/foundation-for-good or contact foundation@onelineage.com.

About Lineage Foundation for Good

The Lineage Foundation for Good (the “Foundation”) is the independent philanthropic arm of Lineage. Stacked with unique cold chain expertise and strategic relationships a plenty, the Foundation is bridging the hunger gap across the world and in our local communities – and everyone is invited to be a part of it. No one likes to see food go to waste, especially while people go hungry. That’s why Lineage Foundation for Good is stepping up to find second chances for surplus food. Our mission is to develop a dynamic, real-time and global link between those who commercially produce our food and the individuals, families and communities who need it most. We know the issue of food waste and insecurity is a global one that is also felt close to home – and with our collective of customers, volunteers and donation partners all around the world, our impact can reach further. In other words, there’s nowhere for hunger and food waste to hide.

About Lineage

Lineage, Inc. is the world’s largest global temperature-controlled warehouse REIT with a network of over 480 strategically located facilities totaling over 84.1 million square feet and 3.0 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling end-to-end supply chain solutions and technology, Lineage partners with some of the world’s largest food and beverage producers, retailers, and distributors to help increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, feed the world.

About New York Common Pantry

New York Common Pantry reduces hunger while promoting dignity, health and self-sufficiency. Our comprehensive approach begins with the provision of nutritious foods through our Choice Pantry and Hot Meals programs. Beyond food distribution, we tackle the root causes of food insecurity through case management and nutrition education services. NYCP is committed to making a lasting impact on the lives of those we serve, helping to build a healthier, food-secure community.

Lineage Media Contact        

Christina Wiese

Public Relations Manager

cwiese@onelineage.com

734-608-1855



New York Common Pantry Media Contact

Deana Murtha

Senior Director of Development and Communications

dmurtha@nycommonpantry.org

646-457-5454

Source: Lineage, Inc.

FAQ

How much has Lineage Foundation for Good pledged to fight food insecurity?

Lineage Foundation for Good has pledged $8.8 million in food donations and cash grants to help community partners tackle food insecurity.

What specific donation did Lineage Foundation for Good make in New York City?

Lineage Foundation for Good donated $100,000 to the New York Common Pantry and hosted a meal kit packing event in Times Square to provide meals for families in need throughout New York.

How many meals has Lineage donated since 2020?

Since 2020, Lineage has donated the equivalent of over 176 million meals through various initiatives and partnerships.

What is the food insecurity situation in New York City according to the PR?

According to the PR, 1 in 9 people in New York face hunger, and 1.2 million New Yorkers across the five boroughs are food insecure.

How many facilities does Lineage (LINE) operate globally?

Lineage (LINE) operates over 480 strategically located facilities totaling over 84.1 million square feet and 3.0 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific.

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