Danone produces 1 million tons of packaging waste, out of which 52% goes into the landfills.
An average European produces around 174 kilograms of packaging waste annually, out of 19% is plastic packaging1. Europe generated approximately 14.5 million tons of plastic packaging waste between 2007-20171. According to the World Economic Forum, plastic packaging waste is costing the world around $80-$120 billion yearly2.
Danone linking its Cost of Capital to their performance on ESG
ESG measures how a firm is taking care of society (E and S) and shareholders (G). As global interest in ethical investment grows, these factors have increasing financial relevance1.
Amid covid-19 crisis, Danone takes measures to support its global workforce
As of April 2020, the coronavirus continues to spread across the world with almost every country having reported covid-19 cases1. The disease puts public health systems under strains and affects the world economy negatively. According to the ILO, the covid-19 crisis is expected to eliminate 6.7% of working hours (or 195 million full-time workers) globally in the second quarter of 2020. 81 per cent of the global workforce of 3.3 billion are currently affected by full or partial workplace closures2.
Danone helps farmers switching to regenerative agriculture
Regenerative agriculture is a conservation and rehabilitation approach to food and farming systems. It focuses on topsoil regeneration, increasing biodiversity, improving the water cycle, enhancing ecosystem services, supporting biosequestration, and strengthening the health and vitality of farm soil. It seems to have the potential to store a significant portion of carbon in the soil while improving the nutrition in our food.1
Danone helps women to climb the career ladder of the company
As a global company, Danone commits to provide equal opportunities for every woman and man employed in the company wherever in the world. According to the Danone Ecosystem Fund, Gender Equality is not only a fundamental human right, but a prerequisite for peaceful, sustainable economic growth 1. In particular, Danone tries to achieve gender equality in the leadership positions at work, because according to the firm, diversity in management teams makes for better business performance 2.