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480-file-pdf 2023 PLP Report

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iconGovernance_White_32x32_new Governance and Approach

Governance and Reporting ESG Approach

iconPlanet_White_32x32 Planet

Climate Action Responsible Sourcing and Agriculture Reducing Waste

iconCommunities_White_32x32 Communities

Resilient Communities Respecting Human Rights

iconPeople_White_32x32 People

Inclusion at McCormick Employee Development and Wellness Health and Food Safety
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iconGovernance_White_32x32_new Governance and Approach

Governance and Reporting ESG Approach

Disclosures

We track year-over-year data to demonstrate McCormick’s ongoing efforts to drive sustainable impact. McCormick has applied the following reporting frameworks: Task Force on Climate-related Financial Disclosures (TCFD), Sustainability Accounting Standards Board (SASB), Global Reporting Initiative (GRI) and CDP.

Disclosures_MetricsTable_4card_520x390

Metrics Table

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Reporting Data GRI Index

Global Reporting Initiative (GRI) Index

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Solar Panel

Task Force on Climate-related Financial Disclosures (TCFD)

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SASB Data Washing Hands

Sustainability Accounting Standards Board (SASB)

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INDEPENDENT VERIFICATION

We have engaged a third-party organization to conduct independent assurance of key environmental data. Moderate assurance engagement is being performed in accordance with the AccountAbility 1000 Assurance Standard v3 (“AA1000AS”) and will include: 

  • Scope 1 emissions 
  • Scope 2 market-based emissions 
  • Scope 3 emissions 
  • Water withdrawals 

The Independent Assurance Statement for 2023 Environmental Disclosures is available here.

FORWARD-LOOKING STATEMENTS DISCLAIMER 

Certain statements we make about our business and our future business plans, initiatives and objectives relating to Purpose-led Performance (“PLP”) and environmental, social and governance (“ESG”) matters, including those in our PLP reports or on our websites, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which provides a safe harbor for forward-looking statements to encourage companies to provide prospective information.  We are providing this cautionary statement in connection with the safe harbor provisions. These forward-looking statements are based on our current expectations, estimates, assumptions and beliefs concerning future events, conditions, plans and strategies that are not historical fact. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as “aim,” “anticipate,” “believe,” “drive,” “estimate,” “expect,” “goal,” “intend,” “may,” “plan,” “project,” “strategy,” “target” and “will” or similar statements or variations of such terms and other similar expressions. Forward-looking statements inherently involve risks and uncertainties, many of which are outside of our control, that could cause actual results to differ materially from those predicted in such statements, especially in regards to PLP and ESG matters as they may be based on expectations and assumptions that are necessarily uncertain and may be prone to error or subject to misinterpretation given the long timelines involved and the lack of an established single approach to identifying, measuring and reporting on many PLP and ESG matters. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date made, when evaluating information presented on PLP and ESG matters as a result of the inherent risks and uncertainties, which include, but are not limited to, those described under “Risk Factors” in our filings with the U.S. Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.