Tate & Lyle, a provider of food and beverage solutions and ingredients, has announced a set of targets and commitments to progress its equity, diversity and inclusion strategy over the next ten years.
The targets and commitments include achieving gender parity in leadership and management roles, increasing spend with diverse suppliers and making teams at all levels of the company representative of its local communities.
Nick Hampton, Chief Executive, Tate & Lyle said: “Equity, diversity and inclusion is a business-wide priority for Tate & Lyle, and I’m delighted we are launching a set of clear targets and actionable commitments in this area. I firmly believe that equity, diversity and inclusion are accelerators for growth and a key element of being a purpose-led company.”
Lauren von Stackelberg, Chief Equity, Diversity and Inclusion Officer, Tate & Lyle said: “People are at their best when they feel they can be themselves, and businesses are at their best when everyone can be seen, heard and valued. Our new equity, diversity and inclusion strategy and action plan will foster a truly inclusive culture at Tate & Lye and help us achieve our goals”.
The company’s strategy for equity, diversity and inclusion consists of four pillars – systems, talent, culture and society. The targets and commitments span each of these pillars and have a baseline of 1 April 2022. The company will report on its progress annually.