Benson Hill’s Second Annual ESG Report Highlights Technology Innovation and Strategic Partnerships to Modernize Food Production
29 Junio 2023 - 2:00PM
Business Wire
Company continues to advance ESG goals as it
scales sales of its proprietary and sustainable ingredients to the
food and agriculture industry
Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson
Hill”), a food tech company unlocking the natural genetic diversity
of plants, today announced the release of its second annual
Environmental, Social and Governance (ESG) Report. The report
highlights more comprehensive data, key milestones, and
partnerships since last year’s inaugural ESG Report and delivers on
the company’s ongoing commitment to transparency.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230629206299/en/
(Graphic: Business Wire)
“Although we have made significant strides toward achieving food
security, it is time to go beyond what’s possible and strive for
something better – nutrition security,” said Deanie Elsner, Interim
CEO and Board Member of Benson Hill. “Our second annual ESG Report
demonstrates how Benson Hill is delivering on its unwavering
commitment to develop better food options, ultimately aiding in
meeting the need for better nutrition. Through our work and guiding
ESG principles, we can empower farmers, food companies, and
consumers alike to build a better future for our plates and our
planet.”
In addition to a materiality assessment, the online report
includes highlights from Benson Hill’s key initiatives and
accomplishments in 2022 that illustrate its vision to evolve the
food system, including:
- Measuring and including data provided by Benson
Hill’s newly acquired processing facilities in Creston, Iowa
and Seymour, Indiana, offering a comprehensive assessment of how
our closed-loop model performs and the practices we’re adopting for
even greater efficiency and impact.
- Partnering with ADM to scale innovative ultra-high
protein soy for North American food ingredient markets to serve the
growing demand for alternative protein. The partnership leverages
Benson Hill’s proprietary Ultra-High Protein Soybeans and ADM’s
world-class production and commercial capabilities.
- Breaking into the rapidly growing European aquaculture
market by partnering with BioMar and Denofa, two global leaders
in sustainable aquaculture feed solutions. The three companies will
leverage Benson Hill soy and further assess its sustainability
impact on high-performance aquafeed formulations.
- Partnering with Schnuck Markets, Inc. grocery retail,
which selected Benson Hill’s Veri™ brand cooking oil, sourced from
Midwest-grown, proprietary soybeans for more than 100 of its stores
across Missouri, Illinois, Indiana, and Wisconsin.
- Becoming one of the first U.S.-based soy ingredient
providers to achieve the international ProTerra
Certification, a rigorous global standard that sets the bar for
sustainable agricultural, deforestation free, biodiversity efforts,
and fair labor practices as well as segregated non-GMO programs and
more. Benson Hill also joined the ProTerra Network, a group of
companies dedicated to sustainable practices and continuous
improvement.
- Becoming a signatory to the United Nations Global Compact
(UNGC) in support of our customers’ objectives and in
contribution to our commitment to the UN Sustainable Development
Goals.
For more information on Benson Hill’s ESG progress and how the
company is accelerating the pace of innovation in sustainable food
production, download the full 2022 report at
https://www.bensonhill.com/impact.
About Benson Hill
Benson Hill moves food forward with the CropOS® platform, a
cutting-edge food innovation engine that combines data science and
machine learning with biology and genetics. Benson Hill empowers
innovators to unlock nature’s genetic diversity from plant to
plate, with the purpose of creating nutritious, great-tasting food
and ingredient options that are both widely accessible and
sustainable. More information can be found at bensonhill.com
or on Twitter at @bensonhillinc.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release may be considered
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-looking
statements generally relate to future events or the Company’s
future financial or operating performance and may be identified by
words such as “may,” “should,” “expect,” “intend,” “will,”
“estimate,” “anticipate,” “believe,” “predict,” or similar words.
These forward-looking statements are based upon assumptions made by
the Company as of the date hereof and are subject to risks,
uncertainties, and other factors that could cause actual results to
differ materially from those expressed or implied by such
forward-looking statements. These forward-looking statements
include, among other things, statements regarding the execution of
the Company’s business plan; Benson Hill’s strategies and plans to
deliver better food options; Benson Hill’s positioning, resources,
capabilities and expectations to empower farmers, food companies
and consumers and evolve the food system; plans and anticipated
benefits of newly acquired processing facilities; plans and
anticipated benefits of ADM and Benson Hill’s partnership;
projections of market opportunity and growth expected to result
from the partnership with ADM; anticipated benefits and projections
of market opportunity, growth and sustainable impact expected with
strategic collaborations with BioMar and Denofa; plans and
anticipated benefits of Benson Hill’s partnership with Schnuck
Markets, Inc; and other risks and uncertainties set forth in the
sections entitled “Risk Factors” and “Cautionary Note Regarding
Forward-Looking Statements” in our filings with the SEC, which are
available on the SEC’s website at www.sec.gov. Nothing in this
press release should be regarded as a representation by any person
that the forward-looking statements set forth herein will be
achieved or that any of the contemplated results of such
forward-looking statements will be achieved, including without
limitation, any expectations about our operational and financial
performance or achievements. Factors that may cause actual results
to differ materially from current expectations include, but are not
limited to: risks related to the effect of the announcement of
partnerships and strategic collaborations on ADM, BioMar, Denofa or
Benson Hill’s business relationships, operating results, stock
prices and business generally; the risk of the occurrence of any
event, change or other circumstance that could give rise to the
termination of the partnerships and strategic collaborations; the
risk that the anticipated benefits and results of the partnerships
and strategic collaborations will not be realized, including the
achievement of market efficiencies and impacts. There may be
additional risks about which the Company is presently unaware or
that the Company currently believes are immaterial that could also
cause actual results to differ from those contained in the
forward-looking statements. The reader should not place undue
reliance on forward-looking statements, which speak only as of the
date they are made. The Company expressly disclaims any duty to
update these forward-looking statements, except as otherwise
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230629206299/en/
Investors: Ruben Mella: (314) 714-6313 /
rmella@bensonhill.com
Media: Christi Dixon: (636) 359-0797 /
cdixon@bensonhill.com
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