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Darling Ingredients Recognized by Sustainalytics 2022 ESG Industry Top Rated Company

IRVING, Texas, Jan. 21, 2022 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) has been recognized by Sustainalytics as an ESG Industry Top Rated company in 2022. As of October 2021, Darling Ingredients received an ESG Risk Rating of 22.4 from Sustainalytics and was assessed to be at medium risk of experiencing material financial impacts from ESG factors. Darling's ESG Risk Rating places it 8th percentile in the Food Products industry and 3rd percentile in the Packaged Foods subindustry assessed by Sustainalytics.
Darling Ingredients Recognized by Sustainalytics 2022 ESG Industry Top Rated Company
Sustainalytics' ESG Risk Ratings measure a company's exposure to industry specific material ESG risks and how well a company is managing those risks. This multi-dimensional way of measuring ESG risk combines the concepts of management and exposure to arrive at an assessment of ESG risk, i.e. a total unmanaged ESG risk score or the ESG Risk Rating, that is comparable across all industries. Sustainalytics' ESG Risk Ratings provide a quantitative measure of unmanaged ESG risk and distinguish between five levels of risk: negligible, low, medium, high and severe."We are thrilled to be recognized as an ESG Industry Top Rated company in 2022 by Sustainalytics. We see ourselves as part of the solution with our circular business model of repurposing the world's agri-food waste streams into valuable, sustainable ingredients while assisting in the decarbonization of the planet," stated Randall C. Stuewe, Chairman and CEO of Darling Ingredients. "Darling has a responsibility for generations to come to help combat climate change and intends to submit in 2022 a commitment letter to the Science Based Targets Initiative (SBTi) working towards setting a science-based emission reduction target."Darling's global strategy aligns the objectives of its Corporate Social Responsibility (CSR) pillars with specific Sustainable Development Goals (SDGs) as set out by the United Nations Global Compact. Darling's ESG Report is posted on our corporate website at https://www.darlingii.com/csr/resources/esg-report. The ESG Report illustrates initiatives to achieve short-term targets and demonstrates a developing mid- and long-term strategic roadmap to reach the ambitious net zero GHG emissions and sustainable water use goals by 2050.
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