McCormick & Company Named to Fortune's 2022 Change the World List

Rhea-AI Summary

McCormick & Company (NYSE: MKC) was recognized on Fortune's 2022 Change the World list for its significant social and environmental impact through core business strategies. CEO Lawrence E. Kurzius emphasized the importance of the Purpose-led Performance agenda, which includes aims to enhance farmer livelihoods and sustainable agriculture. The company has reached nearly 23,000 smallholder farmers and supports renewable energy projects. This recognition underscores McCormick’s commitment to social impact and innovation while achieving measurable business results.

Positive

• Included in Fortune's 2022 Change the World list, highlighting social impact.
• Targets for improving farmer livelihoods and sustainability.
• Engagement with nearly 23,000 smallholder farmers.
• Support for large-scale renewable energy projects.

Negative

• None.

HUNT VALLEY, Md., Oct. 12, 2022 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, was recognized on Fortune's 2022 Change the World list, which highlights companies that have made an important social or environmental impact through their core business strategies.  

"We are honored to be included on Fortune's 2022 Change the World list," said Lawrence E. Kurzius, Chairman and CEO of McCormick & Company. "Our Purpose-led Performance agenda has set ambitious targets to achieve our social and environmental goals and this recognition demonstrates the credibility and impact of our achievements to date and underscores our desire to do what's right for people, communities, and the planet we share."

McCormick's ranking follows the release of its 2021 Purpose-led Performance (PLP) Report, which outlines the company's progress toward its goals, including those focused on improving farmer livelihoods, sustainable agriculture, and reducing its environmental impact. To date, the Company has worked to increase the resilience of nearly 23,000 smallholder farmers who grow their top five branded iconic ingredients – black pepper, cinnamon, oregano, red pepper, and vanilla. McCormick has also developed and supported large-scale renewable energy projects to help power many of its facilities globally.

McCormick premiered on Fortune's 2022 Change the World list of 50 global companies that have been identified as having a positive social impact through activities that are part of their core business strategy. The three main factors used to determine inclusion on the list included measurable social impact, business results, and degree of innovation.

To learn more about McCormick's Purpose-led Performance strategy and our commitments, read our 2021 Purpose-led Performance (PLP) Report or visit the PLP section of our Corporate website.

About McCormick

McCormick & Company, Incorporated is a global leader in flavor. With over $6 billion in annual sales across 170 countries and territories, we manufacture, market and distribute spices, seasoning mixes, condiments and other flavorful products to the entire food industry including e-commerce channels, grocery, food manufacturers and foodservice businesses. Our most popular brands with trademark registrations include McCormick, French's, Frank's RedHot, Stubb's, OLD BAY, Lawry's, Zatarain's, Ducros, Vahiné, Cholula, Schwartz, Kamis, DaQiao, Club House, Aeroplane and Gourmet Garden. Every day, no matter where or what you eat or drink, you can enjoy food flavored by McCormick.

Founded in 1889 and headquartered in Hunt Valley, Maryland USA, McCormick is guided by our principles and committed to our Purpose – To Stand Together for the Future of Flavor. McCormick envisions A World United by Flavor where healthy, sustainable and delicious go hand in hand. To learn more, visit www.mccormickcorporation.com or follow McCormick & Company on Twitter, Instagram and LinkedIn.

For information contact:

Corporate Communications:
Meghan Winston – meghan_winston@mccormick.com or
Lori Robinson - lori_robinson@mccormick.com

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SOURCE McCormick & Company, Incorporated

FAQ

What recognition did McCormick (MKC) receive in 2022?

McCormick was recognized on Fortune's 2022 Change the World list for its social and environmental impact.

How many farmers has McCormick supported in its sustainability efforts?

McCormick has worked to increase the resilience of nearly 23,000 smallholder farmers.

What is the Purpose-led Performance agenda of McCormick (MKC)?

It sets ambitious targets to enhance social and environmental goals in their core business strategies.

Which projects does McCormick (MKC) support for renewable energy?

The company has developed and supported large-scale renewable energy projects for its facilities globally.