ESG Approach
Materiality Assessment
The ESG Steering Committee and Systems The ESG Steering Committee is comprised of senior leadership and internal subject matter experts representing all operating divisions. The ESG Steering Committee team: • Provides support, guidance, and oversight to the organization on ESG matters. • Manages the organization’s materiality assessment • Leads stakeholder engagement around ESG initiatives. • Manages and maintains the ESG report. Our Stakeholders • Grain and food customers and consumers • Government (regulators) • Employees and managers • Shareholders and board members
High Priority
Moderate Priority
E
Sustainable Business Practices
E
Materials and Energy Consumption
• Emissions • Waste management • Training, development • Retention • Succession planning
S
Corporate Culture
S
Community Investment
S
Talent attraction and Management
S
Competitive Compensation
S
Awards and Special Recognition
G
Systems Automation, Technologies, and Innovation
G Risk Reduction and Elimination and Continuous Improvement G Supplier and Customer Relationships and Risk Management G Corporate and Regulatory Compliance and Relationship Management
• Regulator • Industry
G
Capital Investment
G
Execution Excellence and Change Management
G
Consumer Influences and Demand
G
Geo-Political and Non-Tariff Trade Barriers
G
Acquisition Onboarding
4 | RICHARDSON INTERNATIONAL SUSTAINABILITY REPORT 2022
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