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Governance

Fulfilling our responsibility to our stakeholders through strong corporate governance practices, sound management and strategic oversight.

Corporate Governance

Committed to best practices in corporate governance
    • Strong commitment to Board diversity: 40% female, 2 African American, 1 LGBTQ+
    • 8 out of 10 directors are independent, robust Lead Independent Director role
    • Regular executive sessions of independent directors at Board and Committee meetings
    • 100% independent Board Committees, with strong Committee mandates
    • Annual comprehensive review of governance policies
    • Active stockholder engagement initiatives, met with holders representing 50% of outstanding common shares in 2020
    • Robust Board refreshment process, skills matrix performed
    • Enhanced business continuity and crisis management team 
    • Fully integrated and enhanced Enterprise Risk Management Program
    • Board-level oversight of ESG

Ethics & Compliance

Doing the right thing and acting with integrity
  • Promoting ethical behavior across our company and our value chain and establishing best-in-class policies and procedures that support compliance with legal and regulatory requirements. Each of our associates is responsible for cultivating and upholding a culture of compliance and demonstrating transparency and integrity in everything we do.


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ESG Governance

Leading by example
  • ESG is an integral part of our company culture and business strategy. Our ESG strategy, initiatives and performance are overseen by the Nominating and Governance Committee of our Board of Directors and by our CEO and Board Chairman. 

    Our commitment is ongoing and ESG is a key consideration of our broader business strategy. Our practices are guided by the following principles: accountability, transparency and leadership.


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Materiality & Stakeholder Engagement

Identifying ESG Priorities
  • In 2020, we partnered with a leading sustainability consultant to complete a materiality assessment, in-line with the GRI Global Sustainability Reporting Standards. This assessment has informed our 2030 vision and strategy, by helping to prioritize the environmental, social and governance issues of greatest importance to our business and our stakeholders. 

    In conducting this materiality assessment, we engaged key stakeholder groups through interviews, surveys and focus groups to understand, from their perspective, which issues UNFI should be focused on. The stakeholders engaged throughout this process included, investors, customers, associates, NGOs, community members and suppliers.

     

     

  • Environmental Social Governance
    • GHG Emissions
    • Waste
    • Food Waste
    • Sustainable Packaging
    • Access to Products & Services
    • Product Quality & Safety
    • Workplace Health & Safety
    • Associate Wellbeing
    • Diversity & Inclusion
    • Sustainable Value Chains
    • Business Ethics & Compliance