Post Holdings Issues 2024 Sustainability Report

Rhea-AI Summary

Post Holdings (NYSE:POST) has released its 2024 Sustainability Report, highlighting significant progress across four strategic pillars: Sourcing, Operations, People, and Products. Key achievements in fiscal year 2024 include a 6% reduction in scope 1 and 2 greenhouse gas emissions compared to 2023, exceeding industry safety standards, and maintaining strong supplier engagement through CDP Supply Chain and Supplier Leadership programs.

The company demonstrated commitment to community support by donating over 13 million pounds of food and achieved a global employee promotion rate of 14.6%. The report showcases Post's evolved sustainability framework and continued focus on responsible sourcing, packaging, and product quality. According to Nick Martin, VP of Corporate Sustainability, the report reflects the company's maturing approach to sustainability initiatives.

ST. LOUIS, Dec. 18, 2024 /PRNewswire/ -- Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today released its 2024 Sustainability report. The report details Post's enterprise-wide approach and progress with sustainability efforts across four strategic pillars: Sourcing, Operations, People and Products.

In fiscal year 2024, Post made meaningful progress in sustainability, including the following highlights:

• Developed an evolved framework and approach to sustainability.
• Outperformed health and safety industry rates for food manufacturing companies.
• Reduced scope 1 and 2 greenhouse gas (GHG) emissions by 6% compared to fiscal year 2023.
• Continued to engage key suppliers in the CDP Supply Chain and Supplier Leadership on Climate Transition programs to accelerate reductions in scope 3 greenhouse gas (GHG) emissions.
• Maintained a focus on producing high quality and safe products, while advancing responsible sourcing and packaging aspects.
• Empowered our employees, including a global promotion rate of 14.6% in the past year.
• Supported local communities where we work and live with financial contributions, volunteer time and donations of over 13 million pounds of food.

"Each year we gain more insight into how to effectively pursue sustainability efforts across the organization and all four of our pillars," said Nick Martin, Vice President, Corporate Sustainability. "I hope in reading this report, this maturation is apparent in our pragmatic approach, evolved framework and core principles."

To view or download the full report or past reports, visit the Sustainability section of the Post Holdings website:

• https://www.postholdings.com/sustainability/
• https://www.postholdings.com/post-holdings-2024-sustainability-report/

About Post Holdings, Inc.
Post Holdings, Inc., headquartered in St. Louis, Missouri, is a consumer packaged goods holding company with businesses operating in the center-of-the-store, refrigerated, foodservice and food ingredient categories. Its businesses include Post Consumer Brands, Weetabix, Michael Foods and Bob Evans Farms. Post Consumer Brands is a leader in the North American ready-to-eat cereal and pet food categories and also markets Peter Pan^® peanut butter. Weetabix is home to the United Kingdom's number one selling ready-to-eat cereal brand, Weetabix^®. Michael Foods and Bob Evans Farms are leaders in refrigerated foods, delivering innovative, value-added egg and refrigerated potato side dish products to the foodservice and retail channels. Post participates in the private brand food category through its ownership interest in 8th Avenue Food & Provisions, Inc. For more information, visit www.postholdings.com. 

Contact:
Media Relations
Tara Gray
tara.gray@postholdings.com 
(314) 644-7648

Investor Relations
Daniel O'Rourke
daniel.orourke@postholdings.com
(314) 806-3959

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SOURCE Post Holdings, Inc.

FAQ

What are the key achievements in Post Holdings' 2024 Sustainability Report?

Post Holdings achieved a 6% reduction in scope 1 and 2 GHG emissions, donated over 13 million pounds of food, maintained above-industry safety standards, and reached a 14.6% global promotion rate in fiscal year 2024.

How much did POST reduce its greenhouse gas emissions in 2024?

Post Holdings reduced its scope 1 and 2 greenhouse gas emissions by 6% compared to fiscal year 2023.

What are the four strategic pillars of Post Holdings' sustainability approach?

Post Holdings' sustainability approach focuses on four strategic pillars: Sourcing, Operations, People, and Products.

How many pounds of food did Post Holdings donate in 2024?

Post Holdings donated over 13 million pounds of food to support local communities in 2024.

What was Post Holdings' global employee promotion rate in 2024?

Post Holdings achieved a global employee promotion rate of 14.6% in fiscal year 2024.