Limoneira Publishes Annual Sustainability Report
15 May 2023 - 10:30PM
Business Wire
Annual Report Highlights Limoneira’s Continued
Investment in Environmental, Social and Governance Practices
Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR),
a diversified citrus growing, packing, selling and marketing
company with related agribusiness activities and real estate
development operations, today released its annual sustainability
report. The report highlights Limoneira’s continued progress on its
environmental, social and governance (ESG) practices. The report
was prepared in accordance with the United Nations Sustainable
Development Goals.
“Sustainable land stewardship is at the core of our organization
and has guided our farming practices for 130 years,“ said Harold
Edwards, President and CEO of Limoneira. “We are committed to being
a catalyst for positive change and this report allows us to outline
our ESG pillars, along with our annual performance against those
pillars, and identify areas of improvement as we work towards
creating a better future and long term value for shareholders,
employees and customers.”
Annual Sustainability Report Highlights:
-Renewable energy powered over 44% of all operations at
Limoneira, an increase from over 30% in the prior year
-Expanded the implementation of climate-smart agricultural
practices
-Increased diversity on the Board of Directors with 43% of
directors now female
-Distributed $2.5 million in charitable donations
To read the annual sustainability report and learn more about
how Limoneira is working towards sustainability, visit
www.Limoneira.com.
About Limoneira Company
Limoneira (Nasdaq: LMNR) is a global agribusiness and community
development company with headquarters in Santa Paula, CA. The
Company is now one of the largest producers of citrus in the United
States, since 1893, and believes that it can manage its land in a
way that is both good for business and good for the environment.
The Company is constantly innovating to find ways to minimize its
ecological burden by leveraging natural processes to replace
synthetic inputs, while improving technology to reduce its water
consumption. Limoneira is deeply involved in its communities,
giving back through affordable housing, food drives, charitable
donations, and more.
Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this report that relate to future
events, expectations and trends involve factors that are subject to
change and risks and uncertainties that could cause actual results
to differ materially. These risks and uncertainties are difficult
to predict and are often outside of the control of the company.
When used in this report, the words “expect,” “may,” “could,”
“target,” “plan,” “continue,” “goal,” “commit,” “achieve,”
“project,” “anticipate,” “intend,” “estimate,” “believe,” “should
be,” “will be,” “is likely to,” “strive to,” and similar
expressions are intended to identify forward-looking statements,
although not all forward-looking statements contain such words.
Forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from our historical experience and our presentation expectations or
anticipated results. Forward-looking statements are neither
historical facts nor assurances of future performance.
Forward-looking statements are based on Limoneira’s current
beliefs, expectations and assumptions regarding the future of its
business, strategic objectives, projections, anticipated economic
changes and trends, and other conditions. Forward-looking
statements in this report may include, but are not limited to,
estimates of renewable energy generation, infrastructure upgrades,
or climate goals. Important factors that could cause Limoneira’s
actual results to differ materially from those indicated in the
forward-looking statements include, among others, the risks and
uncertainties that are described in Limoneira's filings with the
Securities and Exchange Commission (SEC), including the sections
entitled “Risk Factors” in its latest annual report on Form 10-K
and its quarterly reports in Form 10-Q, and in other filings
Limoneira may file from time to time with the SEC, which are
available on the SEC's website at http://www.sec.gov. Moreover,
Limoneira operates in a very competitive and rapidly changing
environment. New risks emerge from time to time. It is not possible
for management to predict all risks, nor can Limoneira assess the
impact of all factors on its business or the extent to which any
factor, or combination of factors may cause actual performance and
results to differ from those contained in any forward-looking
statement. Forward-looking statements represent managements’
assumptions, expectations and beliefs only as of the date of this
report. Limoneira undertakes no obligation to subsequently update
or revise the forward-looking statements made in this presentation,
except as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230515005008/en/
Investors John Mills Managing Partner ICR 646
277-1254
Limoneira (NASDAQ:LMNR)
Historical Stock Chart
From Apr 2024 to May 2024
Limoneira (NASDAQ:LMNR)
Historical Stock Chart
From May 2023 to May 2024