Farmer Brothers releases 2022 Sustainability Report
20 April 2023 - 1:04AM
Farmer Brothers Company (NASDAQ: FARM) announced the release of its
annual sustainability report today. The 2022 report, which focuses
on the company’s environmental and community efforts, underlines
its industry-leading commitment to sustainable practices and
responsible sourcing as it continues to provide high-quality,
flavor-rich coffee, tea and culinary products.
Report highlights include:
- More than 30 million pounds of fully
traceable green coffee produced in 2022.
- Early achievement of its 2025
greenhouse gas (GHGs) emission reduction goal of 30% Scope 1 and 2,
and 18% in Scope 3 emissions, respectively. The company achieved
39% reduction in Scope 1 and 2 emissions and a 26% decrease in
Scope 3 emissions in 2022.
- A 47% reduction in the pounds of
waste sent to the landfill since 2018, which includes a 90%
diversion of waste at its roasting facilities, a 79% decrease in
corporate waste and the upcycling of more than 600,000 pounds of
burlap in the last two years.
- The refurbishment of more than 8,000
pieces of beverage equipment in 2022, which saved more than half a
million pounds of waste from the landfill.
“I am continually inspired by the unwavering commitment and
resulting progress our team is making toward our goal of providing
100% responsibly sourced coffee by 2025,” said Farmer Brothers
President and Chief Executive Officer Deverl Maserang. “Over the
last several years, we have built a fertile foundation upon which
even greater sustainability achievements will be able to grow.”
Responsible sourcingAs part of its commitment
to making a difference for individual coffee producers, Farmer
Brothers has been working with producers since 2010 where they live
and work through direct trade relationships. In 2022, almost 3,500
coffee growers across two continents participated in the company’s
Direct Trade and Project D.I.R.E.C.T. programs, producing more than
5.4 million pounds of green coffee.
“Project D.I.R.E.C.T. represents a great complement to our
mission by facilitating a long-term commitment focused on quality
and innovation to improve the lives of our member families,” said
Aldea Global Coffee General Manager Warren Armstrong.
Colombia farms participating in Farmer Brothers’ Project
D.I.R.E.C.T. program, recorded nearly 50% fewer emissions than the
average Colombia coffee farm and realized a 15% boost in
productivity per hectare. In 2022, the company paid almost $550,000
in premiums to Project D.I.R.E.C.T. and Direct Trade coffee
growers.
Industry leadershipAs the first coffee company
to align its carbon-reduction targets to the Science Based Targets
Initiative (SBTi), Farmer Brothers is proud to have been included
on the Carbon Disclosure Projects (CDP) 2022 A-List. It is one of
only 300 companies, out of nearly 15,000 firms worldwide, to have
received this honor. The company was also honored for the fourth
consecutive year by Texan by Nature as one of 20 recipients of
their TxN20 award, which is given based on environmental protection
and sustainability efforts.
In addition, Farmer Brothers was welcomed to the U.S.
Environmental Protection Agency’s (EPA) Green Power Partnership and
became a member of the We Mean Business Coalition, a global
nonprofit coalition working with the world’s most influential
businesses to take action on climate change.
“These accolades confirm the hard work and culture of commitment
embodied by our entire Farmer Brothers team,” said Maserang. “In
2022, we continued to meet our targets for GHGs, which are aligned
with the SBTi. Overall, we reduced our emissions by 27% through a
number of strategic initiatives, including the opening of our
Rialto, California distribution center, which significantly reduced
the number of miles traveled and provided a base from which to
better serve our largest client base.”
You can read Farmer Brothers’ full sustainability and Direct
Trade impact reports, and learn more from its issue briefs and GRI
data on farmerbros.com.
About Farmer BrothersFounded in 1912, Farmer
Brothers is a national coffee roaster, wholesaler, equipment
servicer and distributor of coffee, tea and culinary products. The
company’s product lines, include organic, Direct Trade and
sustainably produced coffee. With a robust line of coffee, hot and
iced teas, cappuccino mixes, spices and baking/biscuit mixes,
Farmer Brothers delivers extensive beverage planning services and
culinary products to its U.S.-based customers. It serves a wide
variety of customers, from small independent restaurants and
foodservice operators to large institutional buyers, such as
restaurant, department and convenience store chains, hotels,
casinos, healthcare facilities and gourmet coffee houses, as well
as grocery chains with private brand coffee and consumer branded
coffee and tea products, and foodservice distributors.
Headquartered in Northlake, Texas, Farmer Brothers generated net
sales of $469.2 million in fiscal 2022. The company’s primary
brands include Farmer Brothers, Artisan Collection by Farmer
Brother, Superior, Metropolitan, China Mist and Boyd.
Media contactBrandi WesselDirector of
Communications405-885-5176bwessel@farmerbros.com
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