Alltech Releases 2020 Sustainability Report
On the one-year anniversary of committing to the United Nations Sustainable Development Goals, the United Nations Global Compact and the Science Based Targets initiative, Alltech has released its 2020 Sustainability Report.
In addition to reflecting Alltech's vision for a Planet of PlentyTM, the submission reaffirms the company's alignment with a growing global network of organizations around the world that are united by their mission to build a more sustainable future.
"As a global company spanning the entire food supply chain, we are uniquely positioned to have a positive impact on a diverse range of sectors," said Dr. Mark Lyons, president and CEO of Alltech. "The Global Compact has helped give direction, value, and alignment to existing projects and inspiration for new ones. The pages of this report reflect our call to customers and partners to join us in a collaborative effort to adopt new technologies, improve business practices and embrace innovation in order to create a world of abundance."
As part of its pledge to the U.N., signed on July 12, 2019, Alltech announced its focus specifically on nine of the 17 U.N. Sustainable Development Goals (SDGs) on which the company felt it could have the greatest impact due to their alignment with its core business. Selected SDGs include zero hunger, good health and well-being, quality education, gender equality, decent work and economic growth, climate action, life below the water, life on land and partnership for the goals.
Alltech's 2020 Sustainability Report outlines the key efforts that impact these chosen SDGs, including product validation by the Carbon Trust, education initiatives, support for women in agriculture, and applying 40 years of research in animal nutrition to advance human health.
The report also reaffirms Alltech's commitment to the U.N. Global Compact (UNGC). The UNGC provides organizations with a value system and principle-based approach to conducting business. Alltech strives to operate in a way that meets fundamental responsibilities in the areas of human rights, labor, the environment and anti-corruption. The company continues to incorporate the Ten Principles of the U.N. Global Compact into its strategies, policies and procedures.
In conjunction with signing the U.N. Global Compact, Alltech also committed to the Science Based Targets initiative, which is designed to help companies reduce their greenhouse gas emissions and share their progress through transparent documentation and reporting. Alltech has initiated data collection for the first year, then goals will be set to benchmark its work to lower greenhouse gas emissions and reduce energy and water consumption.
In December 2019, Alltech had the extraordinary honor of welcoming the United Nations Security Council to its headquarters in Nicholasville, Kentucky. U.S. Ambassador Kelly Craft, originally from Kentucky, selected Alltech to host their meeting, in part because of the company's commitment to the U.N. Global Compact and focus on nine Sustainable Development Goals. The 13 members in attendance represented the U.S., China, Poland, Peru, Russia, the Dominican Republic, Indonesia, Vietnam, Belgium, Kuwait, Equatorial Guinea, Tunisia, and Saint Vincent and the Grenadines.
The U.N. Security Council's enthusiastic interest in the company’s Planet of Plenty vision and SDG commitments represent a significant opportunity for Alltech to lead positive change within the agri-food industry.
"We are excited to reach this milestone in a journey that began in 1980," said Deirdre Lyons, co-founder and director of corporate image and design at Alltech. "Our purpose-driven mission to benefit animals, consumers and the environment — and to make a difference in the world around us — has a new framework for success that will help guide us into the future."
Click here to read the Alltech 2020 Sustainability Report in full.
