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2020Progress Review

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2020Progress Review Dole Sunshine Company Sunshine For All™ 2020 Progress Review Our promise to the world be. We d to are n se ot u w Dole Sunshine Company believes e w he things have to change. r re e Today, 690 million1 people around the e w world live without adequate nutrition. h e But a third2 of all edible food is wasted. w w t 3 Another 650 million people are obese o a 4 n and 463 million have diabetes, yet n t so many of the foods we buy contain e t r processed sugar. Everywhere we look, o a inequality is getting worse. The impact b e of climate change is being felt and our e oceans are choking with the plastic . W that continues to be produced. It starts by taking responsibility for our own actions. We believe that we have the potential to be a force for good. We can contribute to better nutrition for people. We can help protect the planet by eliminating waste and achieving carbon neutrality. We can create prosperity by delivering shared value for all stakeholders. Sunshine For All™ If we can do this, then we will be doing our part to create a little Sunshine for All™. 1 UN FAO: 2021 The state of food security and nutrition in the world 2 UNEP: Promoting Sustainable Lifestyles 3 WHO: Obesity and overweight 4 IDF: Diabetes facts & figures 2 Dole Sunshine For All™ 2020 Progress Review The Promise Good Nutrition Zero Processed Sugar Zero Fruit Loss Zero Plastic Packaging Carbon Neutrality Shared Value Vision AboutWe Dole are Sunshine a world-leading Company Commitment to quality As a leader in the food and beverages food and beverage company sector, we have established and continue to develop new environmental on a bold mission and social practices at our farms, processing and packing facilities and offices around the world. These are centered on our interrelated promises, such as moving to zero fruit loss, Dole Sunshine Company operates in over 70 countries and provides eliminating plastic packaging and Supporting our growers consumers with the goodness of the earth: fresh, frozen and dried fruit, achieving zero carbon emissions in 70+ In South East Asia, agriculture is at the heart of our operations. countries we operate in juices and packaged fruit products. the economy and is the lifeblood of the people. We have a vision to deliver Sunshine This is where we have pioneered its Independent for All™. This means conducting Growers Program, a unique farming concept that The name Dole Sunshine Company¹ is used to Our headquarters are located in Singapore. business in a way that is good for allows local farmers to grow fruit while retaining represent the global interests and combined Our ingredients are sourced from Dole’s directly US$2.6 billion people, the planet and the prosperity full control over their land and operations. efforts of Dole Asia Holdings, Dole Worldwide managed farms in Asia, Latin America and annual revenue of all our stakeholders. Packaged Foods and Dole Asia Fresh. Africa and from third-party growers. Our owned Over the years, many thousands of growers have processing facilities are located in the Philippines, We run our company based on the partnered with us, both directly and indirectly. Dole Asia Holdings was established in 2012 Sierra Leone, Thailand and the USA. In total, belief that good, healthy, affordable By contracting with Dole, they benefit from before ITOCHU acquired the Dole global 55,000 across our operations, we have 55,000 full-time food should be like sunshine: our safety practices, Total Quality Management packaged foods and Asian fresh produce full-time and seasonal employees and seasonal employees. procedures and the benefits of increasing yields businesses. Today, it has an annual revenue everywhere and for all. Unless otherwise stated, data are reported as at March 31 2021. while protecting the environment. The program of US$ 2.6 billion. FY2020 refers to the time period April 1 2020 to March 31 2021. has promoted a spirit of entrepreneurship among the growers who now deploy the latest banana- 534 million growing technologies. consumers in the past 12 months Our History: Data as of July 2021, source: IPSOS 1911 1915 1932 1933 1961 1963 1964 1968 1991 1999 2012 2020 1907 1986 2013 2018 1851 1899 1901 2004 The foundations James Drummond James Dole begins Dole moves his A Dole engineer, The Hawaiian Castle & Cooke Inc. Recognizing the Dole merges Dole Philippines, Standard Fruit Castle & Cooke Inc. The Dole logo is Dole launches Dole introduces Dole acquires Dole acquires Itochu Corporation Dole refreshes Dole launches of Dole are laid Dole comes to growing pineapples pineapple cannery to Henry Ginaca, Pineapple acquires ownership popularity and with Castle the pineapple- Company sells 55% (now Dole Food redesigned. The the “Dole 5 A FRUIT BOWLS ®, JR Woods Mrs May’s of Japan purchases its brand identity. its Dole Promise as Samuel Castle Hawaii, fresh in Wahiawa, on Oahu Honolulu and places invents a machine Company of 21% of quality associated & Cooke Inc. growing of its stake to Company) acquires bright yellow Day Program” to a fruit snack in (frozen fruits) Naturals. Dole Food - ambitious and Amos Cooke, out of Harvard’s Island, Hawaii. He advertisements in US that peels, becomes Hawaii’s the Hawaiian with James and keeps the operations in Castle & Cooke Inc., 100% of Standard sunburst is encourage young a plastic cup. in the US. Company’s packaged commitments for originally from School of founds the Hawaiian magazines to promote cores and cuts second largest Pineapple Company. Dole’s name, Dole brand. the Philippines the world-renowned Fruit’s shareholdings, chosen, signifying children and their foods and fresh People, Planet Boston, set up their Horticulture Pineapple Company and pineapple – one of pineapple at the industry. the company are established. pineapple producer including the freshness, quality, families to eat fruit businesses, and Prosperity. trading company & Agriculture. starts to make the name the first nationwide speed of up to first stamps and owner of the Cabana® brand, wholesomeness five or more daily establishing Dole in Hawaii. of “Hawaii” synonymous consumer advertising 100 pineapples “Dole” on cans Dole brand. which adopts and good- servings of fruits Asia Holdings, with “pineapple.” Dole campaigns in America. per minute. The of pineapple and the Dole label. tasting products. and vegetables. headquartered makes his famous quality Ginaca is now an pineapple juice. in Singapore. pledge: “We have built industry standard. this company on quality, and quality, and quality.” 1 The name Dole Sunshine Company is used to represent the global interests and combined efforts of Dole Asia Holdings, Dole Worldwide Packaged Foods and Dole Asia Fresh. Dole Sunshine Company does not operate as an actual business entity in any country or region. 3 Dole Sunshine For All™ 2020 Progress Review The Promise Good Nutrition Zero Processed Sugar Zero Fruit Loss Zero Plastic Packaging Carbon Neutrality Shared Value Vision WelcomeYutaka statement Yamamura, Dole Asia Holdings President and CEO Welcome to our first Sunshine For All™ Progress Review. The first step on any journey is often A key task facing us now is to instill the hardest. However, there have been the sense of urgency felt by the Dole plenty of early wins this year. We have leadership team in our employees – done important work on establishing to have everyone in the Dole family baselines and creating strategic fully understand the speed with which partnerships, and we have invested we intend to attack these sustainability heavily in R&D and consumer research. issues, and the important role that Of course, over the last 18 months, they play in delivering against the keeping our people safe amid the Dole Promise. global pandemic has also been a top In June 2020, we announced six We will also face technical challenges. For priority. This has meant that our work highly ambitious and interconnected example, currently, no technologies exist on the ground has had to slow down, commitments: we will contribute to at a scale that would allow us to remove but we will accelerate again once it is good nutrition for one billion people, plastic from our packaging without “ safe to do so. we will aim for zero processed sugar simultaneously increasing food waste. in all our products, zero fruit loss and It has become abundantly clear that There are no easy answers to solving this zero fossil-based plastic packaging people and the planet must stand or several other problems that stand in and we will work towards carbon alongside prosperity at the heart of our our way. However, the hard work and neutral operations and shared value thinking. Coming from Japan myself, progress of the last 12 months gives us for all stakeholders. I was delighted when we rediscovered a platform to confidently and relentlessly a long-standing Japanese philosophy pursue our goals going forward. The deadlines we have set to achieve – Sampo Yoshi, which does exactly these commitments are short – all are This report marks the that. I have been very encouraged by within the next nine years, and most beginning of a highly how quickly the concept has been are within the next four. Collectively, ambitious journey for us, embraced by the whole leadership we think of those commitments as but this is the Dole way, and team and pleased by the sense of focus the Dole Promise (see page 6) and this has always been. and purpose that it has created when review details our performance in the combined with our Dole Promise. Thank you for joining us. first year of working to achieve them. 4 Dole Sunshine For All™ 2020 Progress Review Yutaka Yamamura ” The Promise Good Nutrition Zero Processed Sugar Zero Fruit Loss Zero Plastic Packaging Carbon Neutrality Shared Value Vision ExpertSir Jonathon opinion Porritt, Founder Director, Forum for the Future This is a very interesting Although just beginning in its Far too many companies set Looking forward, one area where I’m moment for the food sustainability journey, Dole is a sustainability roadmaps against targets keen to see an improvement is to have industry.
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