Tate & Lyle’s business is segmented into food and beverage solutions, with ingredients for beverages, dairy and soups, sauces and dressings, and the primary products division, which includes products such as high-fructose corn syrup, industrial starches, acidulants and corn-based co-products for pets, farm animals and fish. The company has four large corn wet mills in the United States (US), two smaller plants in Europe and acidulant plants in the US and Brazil, with an annual processing capacity of 1.5 million acres of corn.
Tate & Lyle ranks 15th in the agricultural products and commodities segment, highlighting that it is in the top grouping of companies, but it is not a leader yet. While the company ranks in the top 5 in environment, due to strong disclosure on its Scope 1, 2 and 3 emissions and food loss and waste, the company is lagging in the social inclusion measurement area. The company ranks in the middle grouping in this area due to a lack of disclosure on key topics, including that it upholds land rights and monitors the health and safety of vulnerable groups in its supply chain, areas its higher ranking peers have already begun to address. Similarly, the company has room to improve in nutrition, ranking in the top 20 compared to its peers, due to a lack of disclosure on topics such as food safety and promoting the accessibility and affordability of healthy foods.
More about the company
- London, United Kingdom
- Food and agriculture revenue USD
- Group revenue USD
- Onwnership structure
- Publicly listed
- Number of employees