Alico Issues Sustainability Summary

Josh McGill Industry News Release

Alico, Inc. recently summarized its second sustainability report. President and Chief Executive Officer John Kiernan said the company over the past year has delivered environmental, social and governance (ESG) promises made in its first sustainability report in 2021. He cited the following as some of Alico’s notable accomplishments:

Sustainability
  • Beginning trials for slow-release fertilizer, which have the potential to significantly reduce the company’s carbon footprint over the long-term
  • Providing human rights training to all employees, reinforcing a commitment to labor and human rights in operations and across the value chain
  • Launching the Alico Hispanic Council Committee, a business resource group dedicated to supporting Hispanic and Latinx employees
  • Reinstituting (after a two-year COVID-19 delay) the requirement for all harvesting crew leaders to complete a Farm Management Certification Program, which provides an extra layer of assurance on food safety and workplace safety practices
  • Continuing membership in the United Nations Global Compact and aligning sustainability efforts with the United Nations Sustainable Development Goals for Zero Hunger, Decent Work and Economic Growth, and Life on Land.

“Our goal with this report is to make it easier for our stakeholders — investors, employees, customers, suppliers, industry groups and academic institutions — to identify where our interests align and explore opportunities for partnership and collaboration,” Kiernan said.

In its first sustainability report, Alico publicly committed to improve transparency regarding its sustainability actions and activities. The company said its director of sustainability and her team have made improvements which positively impact the company’s culture, industry, operations and the environment.

“Although enthusiasm for ESG seems to have waned within the investment community over the past year while every company struggles to compete in the difficult global economic environment, Alico continues to focus on being the best steward for our land, as we have done for approximately 124 years,” Kiernan stated. He said the company also continues to focus on being a responsible corporate citizen while maintaining its leadership role within the agriculture industry.

Alico, Inc. primarily operates two divisions: Alico Citrus, one of the nation’s largest citrus producers, and Alico Land Management and Other Operations.

Source: Alico, Inc.

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