Farms.com Home  › News

Tyson Foods Faces Shareholder Pressure for Stronger Commitment to Sustainable Packaging

Leading up to Tyson Foods’ annual shareholders meeting on February 8, a nonprofit corporate sustainability watchdog is intensifying its efforts to encourage the food processor to embrace a circular economy for packaging.

Tyson Foods has recommended rejecting a proposal put forth by As You Sow, submitted a month prior, asserting that the company is actively working to reduce plastic and packaging waste. The board contends that the proposed assessment and reporting are unnecessary, considering their current practices and disclosures.

In a proxy statement, Tyson officials stated, “The Company shares proponents’ concerns for reducing plastic pollution and is already engaged in efforts to improve packaging sustainability as well as providing public disclosure on progress on these initiatives.” However, a recent filing by As You Sow argues that Tyson’s efforts are inadequate, claiming that the company lacks substantive packaging data in the public domain, putting it at risk of violating Extended Producer Responsibility (ERP) laws.

Click here to see more...

Trending Video

Cattle Markets - Ross Baldwin

Video: Cattle Markets - Ross Baldwin

Cattle futures saw a big move higher early this week, with live cattle posting sharp gains and feeders surging even more. The rally came despite little in the way of fresh fundamental news, leading many traders to point to money flow and fund buying as the biggest driver. Bryce caught up with Ross Baldwin Wednesday afternoon to break down what's behind the move and what he's watching next in the cattle markets.