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Maple Leaf Foods to reduce environmental footprint and become carbon neutral

A Maple Leaf Foods employee walks past a Maple Leaf sign at the company's meat facility in Toronto on Monday, December, 15, 2008. Maple Leaf Foods Inc. says it plans to reduce its environmental footprint and become carbon neutral. THE CANADIAN PRESS/Nathan Denette

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. says it plans to reduce its environmental footprint and become carbon neutral.

The company says its plan is based on reducing emissions and investing in environmental projects in Canada and the United States.

It says the projects will support wind energy, forest protection and re-forestry, as well as the recovery of methane to reduce emissions of the greenhouse gas.

Maple Leaf, best known for its fresh and prepared meats, has been growing its plant-based protein business in recent years.

Chief executive Michael McCain says the global food system must change dramatically if it is to sustainably feed the world’s growing population.

He says the company is staking its future on being carbon neutral.

This report by The Canadian Press was first published Nov. 7, 2019.

Companies in this story: (TSX:MFI)

The Canadian Press