New Report Underscores the Global Health and
Wellness Company's Commitments to Product, People and
Planet
LOS
ANGELES, July 25, 2023 /PRNewswire/ -- Premier
health and wellness company, Herbalife, today released its second
Global Sustainability Report: Live Your Best Life. The report
covers the impacts the Company made from 2021-2022 and provides
transparency into its sustainable business practices and
commitments across three priority areas: quality product, healthy
people and communities, and a thriving planet.
"Herbalife is built on a proud legacy of helping people live
their best lives and today this purpose is more important than
ever," said Michael Johnson,
Chairman and CEO of Herbalife. "As we look to the future, we are
modernizing our business to meet the needs of our distributors,
customers, employees, investors, and communities, while meeting our
commitments to sustainable and integrated business practices and
products that improve the overall health of our communities and the
impact on our planet."
Prioritizing the areas where the Company can have the greatest
impact, Herbalife's Global Sustainability strategy focuses on
environmental stewardship, social responsibility, and transparent
governance practices. This strategy is informed by stakeholder
priorities, enterprise risks and is aligned with the United Nations
Sustainable Development Goals (SDGs).
In 2022, Herbalife conducted a formal stakeholder assessment to
gather insight on its sustainability performance, priorities, and
how the company could enhance its sustainability transparency and
reporting. This assessment allowed Herbalife to identify the most
significant sustainability issues facing the company.
The Herbalife 2021-2022 Global Sustainability Report highlights
the company's achievements in each of the three priority areas,
including:
Quality Product
- Launched 27 new products and 27 new flavors of existing
products across 95 markets
- Maintained recognition as the World's #1 brand for Weight
Management and Well-being*, as well as World's #1 brand in Health
Shakes**
- Received more than 40 awards and recognitions for product
quality and excellence
Of the 12,000 nutrition clubs owned by Herbalife
Independent Distributors in the
United States, 79% were within a five-mile radius of a food
desert in 2022, providing affordable access to
nutrient-dense Herbalife
products
Healthy People
- Won "America's Best Employers for Diversity" and "America's
Best Midsized Employers" by Forbes in 2022, and 'Elite 8' Employer
in Achievers 50 Most Engaged Workplaces Awards in 2021
- Received 10 awards for best-in-class offerings for its HN Grow
mobile app, which delivers educational training to its independent
distributors
- Partnered with government organizations across Mexico, Brazil, Indonesia, and India, that support campaigns on obesity and
noncommunicable disease prevention through healthy lifestyle and
nutrition education, food handling and hygiene
- Expanded partnership with nonprofit organizations World Food
Program USA, Global Food Banking
Network, Feed the Children, among others, to include more than 20
programs focused on health wellness and nutrition worldwide
Thriving Planet
- Removed 322 metric tons of virgin plastic (representing 2.5% of
total plastic use) from its product packaging by including 25%
recycled materials (PCR) into its Formula 1 product packaging in
select markets
- Recycled 5,475 metric tons of plastic and the materials from
its sales and distribution centers in over 30 markets around the
world
- Improved efficiencies across Herbalife Innovation
and Manufacturing (HIM) facilities in U.S. and China, as well as office facilities in U.S.
and Mexico, and launched
solar-powered office space in Costa
Rica that supports emission reductions
- Set targets to assess 80% of our product ingredient suppliers
for sustainable practices by 2025 and 100% of our soy and cocoa
suppliers by 2025
Additionally, through the generous support of the Company's
independent distributors and employees, the Herbalife Nutrition
Foundation (HNF) continues to provide the proper nutrition and
education necessary for the wellness of children and
communities. HNF granted $5.12
million to 178 local organizations in 2022, benefitting
229,000 children worldwide.
Herbalife's Global Sustainability Report can be viewed in
full here.
About Herbalife Ltd.
Herbalife (NYSE: HLF) is a
premier health and wellness company and community that has been
changing people's lives with great nutrition products and a
business opportunity for its independent distributors since 1980.
The Company offers science-backed products to consumers in more
than 90 markets through entrepreneurial distributors who provide
one-on-one coaching and a supportive community that inspires their
customers to embrace a healthier, more active lifestyle in order to
live their best life.
For more information, visit https://ir.herbalife.com.
* Source Euromonitor International Limited; per
Consumer Health 2023ed, weight management and wellbeing definition;
combined % RSP share GBO, 2022 data.
** Source
Euromonitor International Limited; per Consumer Health 2023ed,
Health Shake as per sports protein powder, sports protein
RTDs, meal replacement, supplement nutrition drinks and
protein supplements, combined % RSP share GBO, 2022 data.
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SOURCE Herbalife (NYSE: HLF)