The Kraft Heinz Company | Report on water risks at The Kraft Heinz Company
How other organisations have declared their voting intentions
|Organisation name||Declared voting intentions||Rationale|
|Anima Sgr||For||A vote FOR this resolution is warranted. Shareholders would benefit from the requested report as it would provide additional information on the company's water supply and conservation practices, particularly in its supply chains, thereby accounting for water risk throughout the entire value chain. Furthermore, the disclosure would allow the company to better manage water related risks and align company commitment to long term shareholder value.|
|PGGM Investments||For||Kraft Heinz's current water stewardship approach focuses on its direct operations, whereas this proposal requests a water risk assessment that covers the entire supply chain. According to the scientific literature, for companies in the food sector, the vast majority of their water footprint comes from agricultural supply chains. Kraft Heinz therefore conducts a water risk assessment that covers only a small fraction of the company's water footprint. Without a supply chain risk assessment, investors have little assurance that the company's supply chain interventions to manage water risks are being deployed in areas facing the most severe risks.|
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