CDP 2016 Climate Change 2016 Information Request CDP ConAgra Foods, Inc. Module: Introduction Page: Introduction CC0.1 Introduction Please give a general description and introduction to your organization. ConAgra Foods, Inc. (NYSE: CAG) is one of North America's leading packaged food companies with recognized brands such as Marie Callender's®, Healthy Choice®, Slim Jim®, Hebrew National®, Orville Redenbacher's®, Peter Pan®, Reddi-wip®, PAM®, Snack Pack®, Banquet®, Chef Boyardee®, Egg Beaters®, Hunt’s® and many other ConAgra Foods brands found in grocery, convenience, mass merchandise and club stores. ConAgra Foods also has a strong business-to- business presence, supplying frozen potato and sweet potato products as well as other vegetable, spice and grain products to a variety of well-known restaurants, foodservice operators and commercial customers. For more information, please visit us at www.conagrafoods.com. At ConAgra Foods, our corporate citizenship program is a natural extension of our purpose and operating principles. We have identified three strategic pillars that reflect and articulate our values as a responsible corporate citizen: Good Food, Stronger Communities and Better Planet. Within each of these three pillars, we focus on issues that are most material to our business and stakeholders and most meaningful to our role in the industry, the marketplace and our environment. We must continue to find ways to enhance sustainable business practices and develop innovative programs that deliver on our ambition of being a leading corporate citizen. Within the Better Planet pillar, our commitment to protecting the environment is deeply rooted in our company values and comes alive through collaboration and imagination. We recognize that sustainability is intricately linked to the company’s long-term success and that our overall performance is measured not only by financial metrics, but also by our impact on the environment. In 2013, ConAgra Foods announced a new sustainability vision for 2020. Our focus areas remain largely the same, but we’ve established new measureable objectives for the next several years. We’re working against two business strategies: first, striving to eliminate waste of all kinds – energy, water, and materials – to improve efficiency in our operations; second, ensuring we have long-term access to the resources required to make our products through sustainable sourcing programs. We are actively working to achieve these goals by 2020: Reduce greenhouse gas emissions by 20% per pound of product produced. Reduce water use by 20% per pound of product produced. Reduce waste generation by 1 billion pounds in our facilities Continue our zero waste-to-landfill journey, while focusing on directing materials to the most beneficial use Lead the industry in packaging for sustainable systems, with continuous improvement of design and understanding the role packaging plays in preventing food waste Encourage implementation of sustainable agriculture practices with our contracted farmers through implementation of a field-level, metrics-based program Participate in certified sustainable sourcing programs, where material to our business CC0.2 Reporting Year Please state the start and end date of the year for which you are reporting data. The current reporting year is the latest/most recent 12-month period for which data is reported. Enter the dates of this year first. We request data for more than one reporting period for some emission accounting questions. Please provide data for the three years prior to the current reporting year if you have not provided this information before, or if this is the first time you have answered a CDP information request. (This does not apply if you have been offered and selected the option of answering the shorter questionnaire). If you are going to provide additional years of data, please give the dates of those reporting periods here. Work backwards from the most recent reporting year. Please enter dates in following format: day(DD)/month(MM)/year(YYYY) (i.e. 31/01/2001). Enter Periods that will be disclosed Sat 31 May 2014 - Sun 31 May 2015 CC0.3 Country list configuration Please select the countries for which you will be supplying data. If you are responding to the Electric Utilities module, this selection will be carried forward to assist you in completing your response. Select country United States of America Canada Mexico Select country China CC0.4 Currency selection Please select the currency in which you would like to submit your response. All financial information contained in the response should be in this currency. USD($) CC0.6 Modules As part of the request for information on behalf of investors, electric utilities, companies with electric utility activities or assets, companies in the automobile or auto component manufacture sub-industries, companies in the oil and gas sub-industries, companies in the information technology and telecommunications sectors and companies in the food, beverage and tobacco industry group should complete supplementary questions in addition to the main questionnaire. If you are in these sector groupings (according to the Global Industry Classification Standard (GICS)), the corresponding sector modules will not appear below but will automatically appear in the navigation bar when you save this page. If you want to query your classification, please email [email protected]. If you have not been presented with a sector module that you consider would be appropriate for your company to answer, please select the module below. If you wish to view the questions first, please see https://www.cdp.net/en-US/Programmes/Pages/More-questionnaires.aspx. Further Information Module: Management Page: CC1. Governance CC1.1 Where is the highest level of direct responsibility for climate change within your organization? Board or individual/sub-set of the Board or other committee appointed by the Board CC1.1a Please identify the position of the individual or name of the committee with this responsibility Name of the Board Committee Our Board of Directors maintains a Nominating, Governance & Public Affairs Committee that meets quarterly. All members of the Committee are independent directors and are appointed by the Board. The individual members are listed in our 2015 Proxy Statement, available online at: http://www.conagrafoods.com/investor-relations/financial-reports/annual-reports Description of its Position in the Corporate Structure/Responsibilities The main responsibilities of the Nominating, Governance & Public Affairs Committee include: periodically meeting with management to review internal and external factors and relationships affecting the Company’s image and reputation (i.e., economic and government factors, investor relations, sustainable development considerations – including climate change – and community affairs). The Committee’s charter is publicly available at www.conagrafoods.com through the investor relations page and is available online: http://www.conagrafoods.com/investor-relations/corporate-governance/nominating-charter. At least annually, the Committee will review the Company’s policies and programs related to corporate citizenship, social responsibility and public policy issues significant to the Company, such as sustainability and environmental responsibility and philanthropic and political activities and contributions. Additional Citizenship/Climate Change Governance at ConAgra Foods Day-to-day responsibility for ConAgra Foods’ climate change program is managed by corporate Environment, Health and Safety, Engineering, Operations, and Research, Quality and Innovation. Individuals from these functions are responsible for tracking performance metrics and reporting results to management, developing both capital and non-capital reduction strategies and process improvements, and working with our manufacturing locations to implement GHG reduction strategies. CC1.2 Do you provide incentives for the management of climate change issues, including the attainment of targets? Yes CC1.2a Please provide further details on the incentives provided for the management of climate change issues Incentivized Who is entitled to benefit The type of performance from these incentives? incentives indicator Comment ConAgra Foods' Sustainable Development/Environmental Directors' performance evaluation Emissions Environment/Sustainability Monetary includes consideration for progress towards year-over-year business platform GHG emissions reduction target managers reward reduction target, as well as other sustainability objectives; performance rating affects merit salary increase, bonus, and equity compensation awards. ConAgra Foods' Energy Managers' performance evaluation includes consideration for progress Emissions Monetary towards year-over-year business platform GHG emissions reduction target, as well as other Energy managers reduction target reward sustainability objectives; performance rating affects merit salary increase, bonus, and equity compensation awards. ConAgra Foods' manufacturing Plant Managers' performance evaluation includes Emissions Monetary consideration for progress towards year-over-year business platform GHG emissions reduction Facility managers reduction target reward target, as well as other sustainability objectives; performance rating affects merit salary increase, bonus, and equity compensation awards. Many of ConAgra Foods' business unit Vice President Operations' performance evaluation Emissions Monetary includes consideration for progress