Utz Brands, Inc. a prominent US manufacturer of branded salty snacks, has unveiled its 2023 ESG Report. This report, covering the fiscal year ending December 31, 2023, details the company’s advancements in its ESG initiatives, building on the foundation laid in its 2022 report.
With over a century of experience on its belt, Utz Brands has several popular brands on its portfolio, including Utz, On The Border Chips & Dips, Zapp’s, and Boulder Canyon. Its products are mainly distributed across the US through grocery, mass merchandisers, club convenience, drug, and other channels.
Utz Brands: Environmental Initiatives
A major focus of the 2023 ESG Report is Utz’s commitment to environmental sustainability. The company has made significant strides in reducing its carbon emissions by optimizing its network and employing more efficient distribution strategies. As of 2024, the company has contributed USD $110,000 to industry initiatives supporting sustainability within its supply chain.
Additionally, Utz has taken steps to minimize food waste contributions to landfills, a key component of its broader environmental policy. 48% of waste has thus far been diverted from landfills through recycling initiatives, and 5.6 million cardboard cartons were reused.
Social Responsibility
On the social front, Utz places a strong emphasis on creating an inclusive work environment. The company’s workforce diversity initiatives are designed to ensure equal opportunities and representation across all organizational levels. Utz’s commitment to the well-being and professional development of its associates underscores its goal to foster a supportive and dynamic workplace culture.
Governance Practices
In terms of governance, Utz maintains a robust corporate framework that emphasizes ethical decision-making, accountability, and transparency. The company’s ongoing efforts to enhance its governance practices aim to uphold the trust and confidence of its stakeholders. By focusing on ethical operations and transparent practices, Utz ensures that its corporate governance remains aligned with best practices and stakeholder expectations.
More information about the company’s sustainability initiatives can be found on its website.
