STOCK TITAN

Brakes Serves Up 10m Meals With FareShare

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Brakes, the UK's largest foodservice supplier, celebrates providing 10 million meals to FareShare, the UK's leading food redistribution charity. This partnership, which began over a decade ago, has now seen Brakes recognized as a FareShare Leading Food Partner for 2024. Brakes' donations support various charitable organizations, including community centers, school clubs, and hospices.

Paul Nieduszynski, CEO of Sysco GB, highlighted the importance of minimizing food surplus and praised the partnership's role in supporting communities. FareShare's Head of Key Food Partnerships, Lucy Allison, expressed gratitude for Brakes' contributions, emphasizing the positive impact on 8,500 charities and community groups across the UK.

Sysco has committed to providing $500 million worth of food globally, including 200 million meals by 2025, with £10 million allocated to the UK. The partnership with FareShare plays a vital role in achieving these goals.

Positive
  • Brakes provided 10 million meals to FareShare.
  • Brakes recognized as a FareShare Leading Food Partner for 2024.
  • Donations support a wide range of charitable organizations across the UK.
  • Sysco has committed to providing $500 million worth of food globally by 2025.
  • Sysco aims to provide 200 million meals globally, including £10 million in the UK.
Negative
  • No concrete financial data or direct business benefits reported.
  • Potential PR spin without clear impact on stock performance.

NORTHAMPTON, MA / ACCESSWIRE / June 4, 2024 / Sysco
Originally published on May 16th, 2024 on Brake.co.uk

Brakes, the UK's largest foodservice supplier, is celebrating providing the equivalent of 10 million meals to FareShare.

The partnership between FareShare, the UKs leading food redistribution charity, and Brakes started more than 10 years ago, and has flourished since then, culminating in the charity recognising Brakes as a FareShare Leading Food Partner for 2024.

The donations from Brakes support a range of charities in communities across the country, including community centres, older people's lunch clubs, school clubs and hospices.

Speaking about the partnership, Paul Nieduszynski, CEO of Sysco GB, said: "While we always want to minimise surplus food, there are times when it is unavoidable. That's when it is reassuring to know that we have partners like FareShare on hand to ensure that we are helping to support some fantastic charities, providing wholesome food that supports people who most need it. "When many people are struggling to make ends meet it's good to know that Brakes and Sysco are playing their part in helping FareShare in its vital role."

Lucy Allison, Head of Key Food Partnerships at FareShare said: "We are incredibly grateful to the support from Brakes, for providing the equivalent of 10 million meals worth of food that would otherwise have gone to waste.

"This food has made an enormous difference to support our network of 8,500 charities and community groups across the UK, including after school and breakfast clubs, hospices, homelessness charities, and older people's lunch clubs. Without support from Brakes and Sysco, we would not be able to combat the environmental impact of food waste for social good, strengthening communities up and down the country."

As part of its Global Good Goal, Sysco has pledge to provide $500m worth of good to its global communities, including 200 million meals by 2025. The pledge includes £10m in the UK and the partnership with FareShare will help contribute to those targets.

View original content here.


View additional multimedia and more ESG storytelling from Sysco on 3blmedia.com.

Contact Info:
Spokesperson: Sysco
Website: https://www.3blmedia.com/profiles/sysco
Email: info@3blmedia.com

SOURCE: Sysco



View the original press release on accesswire.com

FAQ

What milestone did Brakes achieve with FareShare in June 2024?

Brakes celebrated providing the equivalent of 10 million meals to FareShare.

What recognition did Brakes receive from FareShare in 2024?

Brakes was recognized as a FareShare Leading Food Partner for 2024.

How long has the partnership between Brakes and FareShare been in place?

The partnership between Brakes and FareShare has been in place for over ten years.

What is Sysco's global goal regarding food provision by 2025?

Sysco has pledged to provide $500 million worth of food, including 200 million meals globally by 2025.

How much has Sysco pledged to provide in the UK as part of its global goal?

Sysco has pledged to provide £10 million worth of food in the UK.

Sysco Corporation

NYSE:SYY

SYY Rankings

SYY Latest News

SYY Stock Data

36.94B
491.23M
0.18%
87.06%
2.83%
Food Distribution
Wholesale-groceries & Related Products
Link
United States of America
HOUSTON