Food Industry Sustainable Practices—How They May Affect ESG Risk Ratings

Abstract

This paper looks at public food companies that produce food products and seeks to find out if sustainable practices unique to the food industry correlate with a lower Environmental, Social, and Governance (ESG) risk rating, if there are any common sustainable practices, and if public food companies are more likely to overcome sustainability barriers of the food industry. An exploratory study is conducted by looking at sustainability reports of nineteen public food product companies and recording their sustainable actions for a correlation analysis and means analysis.