April 22, 2024
Little Rock, Ark. – April 22, 2024 – Westrock Coffee Company (Nasdaq: WEST) (“Westrock Coffee” or the “Company”), a leading integrated coffee, tea, flavors, extracts, and ingredients solutions provider to the retail, foodservice and restaurant, convenience store and travel center, non-commercial, CPG, and hospitality industries, released its 2023 Sustainability Progress Report. The report showcases the Company’s commitment to responsible sourcing, supply chain transparency, and environmental conservation that challenge the status quo of the beverage trade.
“At Westrock Coffee, we are seeing an industry shift from sustainability efforts as isolated projects to a key component of our industry’s future,” said Brooke Cantrell, Vice President of Sustainability. “We believe financial empowerment of farmers is key, alongside ecosystem protection, and responsible sourcing. Our 2023 progress report highlights the significant strides we have made – from expanding sustainable offerings to building robust traceability systems – as we work towards 100% responsibly sourced coffee and tea by 2025.”
Notable 2023 sustainability progress highlights in the report include:
- Latin American farms in the Company’s Raíz Sustainability™ program experienced 23% higher yields than non-Raíz farms.
- Westrock Coffee expanded beyond coffee to include tea and ingredients to provide its customers with a totally sustainable beverage solution.
- The Company completely renovated tracking and reducing facilities’ resource usage and waste generation, achieving 64% waste diverted from landfill last year.
Westrock Coffee’s 2023 Sustainability Progress Report can be found here.
Forward-Looking Statements
Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended from time to time, including, but not limited to, our plans, expectations, goals, projections and statements regarding our sustainability efforts and other statements that are not historical facts. These statements are based on various assumptions and on the current expectations of the management of Westrock Coffee as of the date hereof and are not predictions of actual performance. Actual events and circumstances are difficult or impossible to predict and could materially differ from what is expressed, implied, or forecasted in these statements due to a number of risks and uncertainties, including, but not limited to, those factors discussed in Westrock Coffee’s annual report on Form 10-K, under the heading “Item 1A. Risk Factors”, and other documents Westrock Coffee has filed, or will file, with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Westrock Coffee undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events, or otherwise.
About Westrock Coffee Company
Westrock Coffee is a leading integrated coffee, tea, flavors, extracts, and ingredients solutions provider in the U.S., providing coffee sourcing, supply chain management, product development, roasting, packaging, and distribution services to the retail, foodservice and restaurant, convenience store and travel center, CPG, non-commercial, and hospitality industries around the world. With offices in 10 countries, the Company sources coffee and tea from 35 origin countries. For more information, please visit WestrockCoffee.com.