Tupperware Brands Releases 2016-2017 Sustainability Report;
ORLANDO, Fla., Sept. 12, 2018 /PRNewswire/ -- Tupperware Brands Corporation (NYSE: TUP), the leading global marketer of premium, innovative products across multiple brands and categories, today released its 2016-2017 Corporate Social Responsibility (CSR) Report. The seventh report for Tupperware details its latest efforts to make a lasting effect on the lives of women globally, and to reduce environmental impact through award-winning product design. It also demonstrates the Company's commitment to extend and elevate its purpose of inspiring women to cultivate the confidence they need to enrich their lives, nourish their families, and fuel communities around the world.
"At Tupperware Brands, we recognize our responsibility as a global leader to play an active role in the lives of our 3 million Sales Force and nearly 12,300 corporate Associates across the globe. Therefore, we consistently evaluate how best we can make a societal and environmental impact through our design, production and distribution," said Tricia Stitzel, President and Chief Executive Officer of Tupperware Brands. "As we look ahead, Tupperware will continue to maximize shareholder value and consumer interest by delivering more opportunities for women, reducing waste and pollution, enhancing our position as a responsible corporate citizen and elevating our purpose of cultivating confidence."
Tupperware's report, entitled Cultivating Confidence, divides the company's efforts into three strategic pillars: Changing Lives, Living Smart and Acting Responsibly. Within each pillar, the Company reports on progress and impact made in the past two years and the potential opportunities for growth.
Changing Lives: This area of focus describes Tupperware's ability and findings around cultivating confidence in women around the globe, the Company's commitment to providing inclusive access to meaningful work and its ability to help communities thrive. Key highlights include:
- Tupperware's research around the impact of confidence with McDonough School of Business at Georgetown University, which included pivotal findings on confidence's ability to boost business and make people more productive and how to develop it in the workplace.
- The introduction of Tupperware's third Global Links Scholar, Dr. Rumpa Chakraborty, who joined the program from Shri Shikshayatan College in Calcutta, India.
- The unveiling of the Cultivating Confidence Conversation panel series, which invites top thought leaders to reflect and discuss the best ways to break down barriers to women's confidence.
Living Smart: The second pillar in the report details how Tupperware helps consumers live smart by delivering high-quality, innovative products designed to reduce environmental impact and minimize waste. Key highlights include:
- In 2016, Tupperware refreshed its lifecycle analysis (LCA); the analysis indicated that, over 30 years of once per week washing, a representative Tupperware product has 3.7 times less Global Warming Potential than another comparable plastic product in the market.
- As a company known for product innovation, Tupperware invested an average of $17.7 million per year in research and development over the past three years. In 2017, Tupperware products won 11 design awards, covering 8 new products.
- Tupperware launched into space as part of NASA's SpaceX CSR-14 mission, advancing research on how astronauts can grow vegetables in space to provide a fresh element to their diet.
Acting Responsibly: Tupperware continually focuses on doing business in an ethical and responsible manner. This section outlines how it creates positive and productive employment, takes a precautionary outlook to climate change and minimizes consumption and waste.
- Installed a new solar energy unit in Brazil and reused or recycled 90% of waste within the supply chain.
- In 2017, it invested $1.3 million (USD) in specific environmental improvements in manufacturing facilities, bringing total investment to $3.2 million (USD) over the past three years.
- Invested in a new photovoltaic array with 62 panels to power newly-constructed locker room facilities for Associates at the factory in Rio de Janeiro in Brazil.
This report has been prepared using disclosures from the Global Reporting Initiative (GRI) Standards 2016 and includes a full GRI Content Index identifying the general and specific disclosures applied. The approach applied the reporting principles for defining report content and for report quality as defined in GRI Standard 101: Foundation 2016. All information and data in this report relates to the period January 1, 2016 to December 31, 2017 and prior years where relevant, unless otherwise stated. Tupperware reports on global operations, disclosing performance data from owned and operated operations around the world. The data in this report has not been externally assured, but it has been subject to rigorous internal reviews by Tupperware's finance, compliance and legal departments.
The full report is available at https://www.tupperwarebrands.com/csr/sustainability/social-impact-reports.
About Tupperware Brands:
Tupperware Brands Corporation, through an independent sales force of 3.0 million, is the leading global marketer of innovative, premium products across multiple brands utilizing social selling. Product brands and categories include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand and beauty and personal care products through the Avroy Shlain, Fuller Cosmetics, NaturCare, Nutrimetics, and Nuvo brands.
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SOURCE Tupperware Brands Corporation