Skip to content
Solar panels at Campbell HQ
Our Impact

Goals, Governance, and Reporting

Our commitments to trusted food, vibrant communities, thriving people, and a healthy environment are among the ways we deliver on the promise of our purpose: Connecting people through food they love. Explore the progress we’ve made so far, our goals for the future, and the strategies, policies, and governance mechanisms that guide our work and decision making.

Our strategy

ESG framework

Commitments and Progress

We’re proud of the progress we’ve made and look forward to reaching even more of our goals in the coming years.  

ESG Goals

ESG goals 

We report on our external commitments annually, which have been approved by our leadership team with oversight from the Governance Committee of our Board of Directors.

We’re transparent about where we’re doing well and where we have opportunity to improve.

Our performance

Our scorecard shows year-over-year data demonstrating our corporate responsibility performance and progress toward achieving our goals.

Materiality* at Campbell

Corporate responsibility topics are considered material for us if they influence the judgment and decisions of our external and internal stakeholders, as well as having an impact on them and our business. In fiscal 2021, we conducted an assessment with internal and external stakeholders to understand where to focus as our company evolves. As a result, we identified and prioritized our material corporate responsibility topics through a multi-step assessment process. 

*Please see our cautionary note on the term materiality.

Campbell Materiality Matrix

  Learn more about our process

We reviewed the key corporate responsibility topics reported publicly by our peers and assessed issues that are trending in the media and with Campbell’s investors, customers, suppliers and NGO partners. From this research, we added five new topics to our list: Environmental Compliance, Employee Health and Wellness, Employee Engagement, Biodiversity, and Farmer Livelihoods. We also removed two, Women’s Empowerment and Responsible Use of Technology, as we felt they were embedded in other issues.

We surveyed internal and external stakeholders, including employees, suppliers, retail customers, investors, and NGOs. The survey asked respondents to rate 28 economic, social and environmental topics across two key dimensions—importance to them as a Campbell stakeholder and magnitude of impact on the economy, society or the environment. We received over 700 responses in total with employees accounting for 91% of responses.

The results of the assessment were shared with key internal stakeholders and validated against the results of the research. The results are shared here and are reevaluated throughout the year, as topics can shift in priority. We did see significant shifts in the rating of select topics compared to our last assessment in fiscal 2019, including two of the newly added issues ranking in the top six.

For those issues that are most important to Campbell’s business and to our stakeholders, we identify an owner across the business for each issue area and develop 3-year strategic plans outlining actions needed to manage the issue. We have commitments that we track against, some external and some only internal, and we report our progress twice per year to our leadership team and the Governance Committee of the Board of Directors. Each year, we update our ESG strategic plans so that we always have a 3-year roadmap. Responsibility for making progress on ESG issues depends on many teams across the company. We work collaboratively to hold ourselves accountable to our plans, share updates across the organization, and communicate opportunities with relevant teams to accelerate positive impact. 

Governance Structure

In fiscal 2021, oversight of ESG activities continued to be managed by the Governance Committee of the Board of Directors and is reflected in the Committee’s Charter. The Committee takes an active role in the continued evolution of Campbell’s ESG strategy and public reporting. To ensure that ESG is appropriately managed throughout the organization, we have designed the following governance structures: 

  • Board of Directors: Oversight of ESG activities is managed by the Governance Committee of the Board who oversee Campbell’s ESG strategy and reporting. 
  • Chief Executive Officer: Provides executive direction on ESG strategy. 
  • Corporate Leadership Team: With primary focus on our Executive Vice President- General Counsel and Chief Sustainability, Corporate Responsibility and Governance Officer who oversees ESG; Executive Vice President and Chief Supply Chain Officer who oversees supply chain sustainability; and Executive Vice President, Research & Development and Innovation Officer who oversees our food innovation and packaging sustainability initiatives. 
  • Corporate Responsibility & Sustainability Team: Supports Campbell’s ESG strategy and is directly accountable for Campbell’s environmental strategy. 
  • Sustainability Steering Committee: Senior leaders from operating divisions, supply chain, corporate responsibility and sustainability, manufacturing, and research & development who meet bi-monthly to drive decision making, accountability and ownership of specific ESG initiatives focused on operational and supply chain sustainability.

Stakeholder Engagement

To successfully execute our strategy and continue advancing our goals, it’s important for us to proactively and consistently engage with internal and external stakeholders.  

How we engage with stakeholders

Proactive and consistent engagement with both internal and external stakeholders is critical to effectively implementing our corporate responsibility strategy. Our approach to stakeholder engagement includes: 

  • Identification of issues that are most important to stakeholders  
  • Establishment of processes for meaningful and effective engagement 
  • Benchmarking for leadership performance within and outside our sector 

Read our report and explore our ESG goals

Read our 2022 report (PDF)

ESG Goals

Explore our goals (PDF)

Keep exploring

Join our mailing list

Sign up to get the latest company news. Delivered from our family to yours.