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Integrating Our Purpose and Recipe for Growth Strategy
About This Report Sysco At-A-Glance Integrating Our Purpose and Recipe for Growth Strategy Advancing Our Sustainability Goals Our Purpose in Action Leadership Perspectives
At Sysco, we are defining the future of foodservice and supply chain.
Around the world, Sysco associates are unified behind our purpose: connecting the world to share food and care for one another. This aspiration drives us to go further, do more and innovate new solutions that ensure everyone has a seat at Sysco’s table.
Grounded in our purpose is our Recipe for Growth strategy, which fosters responsible and purposeful growth across five pillars: digital, product solutions, supply chain, customer teams and future horizons. Together, these pillars are fueling our business transformation to enable 1.5X industry growth by FY2024.
Our Future Horizons pillar, specifically, reflects our commitment to grow responsibly. It drives us to cultivate new channels, segments and capabilities while acting as good stewards of our business and the planet. In addition, we’re moving toward “cost leadership” to fund our Recipe for Growth.
Our Sustainability Strategy We focus our efforts on issues where we believe we can have the most positive impact. As we navigate challenges such as climate change and an evolving global economy, our sustainability strategy guides our actions and decisions across three key areas:
• People • Products • Planet
Our strategy is global, with Sysco businesses across the world operating robust sustainability programs. We also work across geographic, regulatory and local markets to develop country- and/or company-specific goals.
Our sustainability strategy and goals are informed by the United Nations Sustainable Development Goals (UNSDGs). While we have not developed a separate SDG framework, this report highlights how our work contributes to the success of several key SDGs:
• SDG 2: Addressing hunger relief • SDG 5: Diversity, equity and inclusion • SDG 7: Clean energy • SDGs 14 and 15: Responsible sourcing
We know that investors and other stakeholders are interested in seeing evidence of our SDG alignment. We plan to evolve our approach in the coming years.
Our Ingredients for Success
• Our Mission: Delivering success for our customers through industry-leading people, products and solutions • Our Identity: Together we define the future of foodservice and supply chain • Our Values: Rooted in integrity, committed to inclusion, driving forward together, defining excellence, growing responsibly • Our Purpose: Connecting the world to share food and care for one another • Our Recipe for Growth Strategy: Digital, product solutions, supply chain, customer teams, future horizons
