Hain Celestial: Shifting from Walk to Talk on Climate

Clean Yield is pleased to announce that longtime portfolio company, Hain Celestial, has committed to setting a science-based greenhouse gas emissions reduction target that will put the company’s climate objectives in line with the goals of the Paris Climate Agreement. The news comes in response to a shareholder proposal filed jointly by Clean Yield Asset Management and Green Century Funds, who agreed to withdraw the proposal in recognition of Hain Celestial’s commitment. 

Hain Celestial, a food company focused on providing organic and better-for-you foods and personal care products, had indicated an interest in setting greenhouse gas emissions targets in the past, but failed to follow through. With this new commitment, Hain Celestial joins the ranks of many other large food companies in accounting for full value chain emissions, including that of its agricultural supply chain, and reducing them to net zero by 2050 or sooner. 

Clean Yield and Green Century look forward to continued engagement with Hain Celestial as the company works to reduce its climate impact.