Mission Report 2017 - Plum Organics

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Mission Report 2017 - Plum Organics
Mission
Report
2017

          | 1
Mission Report 2017 - Plum Organics
WHAT’S INSIDE ...

A Letter from Our Mission Team   2
Mission Pillars				6
Core Truths 				7
Plum Timeline 				8
B-Corp Commitment 			            10
Very Best Food 			               12
All Little Ones 				             22
Responsible Business 			         32
Culture 				42
Mission Report 2017 - Plum Organics
Dear friends,
Every year, I look forward to taking this moment to reflect on our mission. To think about
how far we’ve come and how very far we hope to go. Early days, we were wide-eyed, excited,
and huddled in a space too small for our ambitions for our growing team. We knew we had
a big idea about what baby food could be – how much better, indeed, it should be – and we
were enthusiastic champions of business as a force for good.

Today, we are strong and getting stronger. Those core ideals – making sure little ones have
access to the very best food from the very first bite and using business as a force for good
– are the foundation of our mission and our guiding principles for day-to-day decisions. We
have forged our way to industry-leading expertise in organic baby food, and our mission
has never been more central to how we run our business.

Over the last year, we doubled our commitment to Homeless Prenatal Program, offering
vulnerable families easy access to certified lactation consulting and safe, comfortable
places to nurse their infants. We built an online ingredient glossary, providing parents
access to clear explanations of all the ingredients we use and why we use them. And
we made great strides in our effort to continuously improve our environmental impact.
The details you’ll find in this report reflect a tremendous amount of work and a deep           image TBD - employees
commitment to our mission. We live and breathe these words, and for that I am deeply
proud and profoundly grateful.

We have so much more to do, and we have big plans. Next year, we plan to make further
improvements to our environmental impact and continue to evolve our business practices
as a certified B Corp.

Until then, thank you. For being a fan or follower, for using your life and your purchase
decisions to make this planet a little better, and for caring enough about our baby food
brand to keep track of our progress. Let us know how you think we’re doing. We’re all ears.

Respectfully,

Tiffany McNeil
Director of Mission, Insights, and Strategy

                                                                               Dana Trans
                                                                               SENIOR MISSION
                                                                               A SSOCIATE
Mission Report 2017 - Plum Organics
Mission Report 2017 - Plum Organics
Our mission components                                        Plum Core Truths
                                                                     Values, aspirations, tenets… whatever you call them, these are
                                                                     ours. Our Core Truths are what we use to describe both who we
                      VER Y BEST FOOD
                                                                     are and who we strive to be; what we look to when we’re making
                      Developing products to help change the         a tough call, and how we ultimately perform together as a team.
                      way little ones eat

                                                                                                  When you walk through our doors, we expect you
                                                                                                  to bring your whole, real, delightfully original self.
                      G IV E B ACK                                                                Bring your quirks, your colors, your talents, your
                                                                                                  passion, your experience, and your pride. You’re
                      Advancing solutions for childhood hunger and                                the person we hired. No one else will do.

                      malnutrition through The Full Effect®

                                                                                                  As leaders, we are courageously vulnerable,
                                                                                                  intensely empathetic, and insatiably driven to
                                                                                                  help others. We know that compassion breeds
                      RES PO N SIBLE BUSINESS                                                     confidence – in ourselves, in each other, and in
                                                                                                  our brand.
                      Acting responsibly through transparency,
                      sustainability, and our B Corp commitment

                                                                                                  We believe it’s everyone’s job to stand up for what
                                                                                                  matters. Be courageous enough to ask questions,
                      C ULT URE                                                                   to challenge the status quo, and to evolve as
                                                                                                  needed. It’s not always easy. But, if you fight the
                      Connecting and nourishing our team with                                     good fight, we’ll always have your back.
                      our mission and way of doing business

6 | MISSION PILLARS                                                                                                                                  CORE TRUTHS | 7
Mission Report 2017 - Plum Organics
2016
                                                                                                                                                     2014
                                                                                                                                                                                                                                                         Our Wellness Advisory Panel is official.
                                                                                                                                                                                                                                                         We’ve brought together a group

       Timeline
                                                                                                                                                                                                                                                         of diverse backgrounds, including
                                                                                                                                                                                                                                                         parenting, pediatric medicine, nutrition,
                                                                                                                                                                                                                   Ta-da! We’re delighted to give the    and culinary arts to help ensure we’re
                                                                                                                                                                                                                   Homeless Prenatal Program our first   living into Plum’s mission with our
                                                                                                                                                                                                                   Healthy Feeding Initiative Grant.     products and team.
       Over ten years ago, Plum set out to revolutionize baby food. We brought flavor, texture and
       modern ingredients to the baby food aisle. We designed packaging that made baby food
                                                                                                                                                            Ring, ring! Plum rings the opening bell
       convenient and high-quality food effortless. And from the start, we committed to using                                                               at NASDAQ to raise awareness for food
       business as a force for good.                                                                                                                        insecurity in America.

                                                                                                                                                                                                                  We heart dogs. Our Emeryville office

                                                                    2012
                                                                                                                                                                                                                                                          It’s a colorful world! Our new line of
                                                                                                                                                                                                                  is officially a dog-friendly office.
                                                                                                                                                                                                                                                          Eat Your Colors purees is curated by
                                                                                                                                                                                                                                                          nature’s own vibrant hues showcased
                                                                                                                                                                                                                                                          through a clear window to engage
                            2008

                                                                                                                                                                                                                                                          baby’s sense of sight, while delightful
                                                                                                                                                            Featured in Target’s first Made to Matter.                                                    flavors expand their palate.
                                                                                                                                                            The “Nat-Pack” was formed, made of the
                                                                                                                                                            founders Eric Ryan from Method, John
                                                                                                                                                            from Seventh Generation, Ido Leffler from             Our newest baby: Plum’s organic
                                                                                                                                                            YestoCarrots, and Neil Grimmer from Plum.             infant formula, made without corn
                                                                                                                                                                                                                  syrup solids.

                                                                                                          Dr. Alan Greene joins our team                                                                                                                 Welcome new Plum Parents! Plum’s
                                                                                                          as a pediatric advisor and                        On our quest to bring nutrition education for                                                brand ambassador program is here –
                                                                          We’re named to Inc.             nutrition expert, supporting                      babies, we launch our online Plum Resource                                                   an extension of our team, these parents
                                   Plum becomes a certified               Magazine’s “500 List of         Plum’s food philosophy, product                   Center with articles about infant feeding,           Woo hoo! We’ve completed our            help us drive the parenting unfiltered
                                   B-Corporation                          Fastest Growing Companies.”     development and mission.                          toddler pickiness and more.                          Green Business Certification process.   conversation coast to-coast.

           Plum takes-off as a baby food            We launch the first spouted    Our small but mighty team       Plum incorporates as a Public                      The ‘Workplace of our Future’ culture program             Wellness Wednesday (WW) is introduced
           brand within the Nest Collective, a      baby food pouch to the U.S.    launches The Full Effect        Benefit Corporation (PBC)                          is launched using human-centered design                   at Plum’s HDQ – one of the first programs
           collective of natural foods brands.      market – from concept to       and the Super Smoothie                                                             with the goal to make Plum a great place to               stemming out of Workplace of Our Future.
                                                    shelf in three months!         buy-give product.                                                                  work not only today, but in the future as well.           During WW, colleagues put their work aside
                                                                                                                                                                                                                                to learn from some of the best minds in the
                                                                                                                                                                                                                                wellness space.

                                                                                                                                                                      Parenting. As parents and friends, we’ve
                                                                                                                                                                      all experienced the ups and downs of this
                                                                                                                                                                      crazy journey. Our Parenting Unfiltered
                                                                                                                                                                      movement is launched, creating unfiltered
                                                 2009

                                                                                                                                                                      conversations for parents everywhere.
    2007

                                                                                   Tots need to eat well too!      Meet the parents! We’re
                                                                                   Plum breaks into toddler        acquired by the Campbell
                                                                                   feeding with the introduction   Soup Company, making Plum
                                                                                   of the Mighty portfolio.        one of the first PBCs part of a
                                                                                                                   wholly-owned subsidiary.                                                                                     We’ve been recognized as one of the
                                                                                                                                                                                                                                most engaging brands by Landor Pulse.
                                                                                                                                                                                                                                What an honor!

                                                                                                                                                                2015

                                                                                                                                                                                                                          2017
                                                                              2013

8 | TIMELINE                                                                                                                                                                                                                                                                                 TIMELINE | 9
Mission Report 2017 - Plum Organics
PLUM’S                      WHAT IS A PUBLIC BENEFIT CORPORATION?
                                  Plum adopted the legal status as a Public Benefit Corporation (PBC) in
      PUBLIC BENEFIT              2013, securing legal obligation to both make a profit and serve a greater
                                  societal purpose. A PBC is a type of corporate entity, like ‘Inc’ or ‘LLC’,
                                  which ensures that if corporate ownership ever changes, our mission
                                  and public benefit will not. Plum was one of the first to reincorporate

      To deliver nourishing,
                                  as a Public Benefit Corporation in the state of Delaware, solidifying our
                                  mission into the heartbeat and governance of the business.

                                  WHAT IS A B CORP?

      organic food to our
                                  B Corporations use the power of business to drive social and
                                  environmental change. B Corp is to business what Fair Trade
                                  certification is to coffee or USDA Organic Certification is to milk. B Corps
                                  are certified by the nonprofit B Lab to meet rigorous standards of social

      nation’s little ones and
                                  and environmental performance, accountability, and transparency.

                                  Today, there is a growing community of 130 industries in 5 countries
                                  around the world, working together toward a unifying goal of redefining

      to raise awareness
                                  success in business and demonstrating that doing the right thing makes
                                  for good and a profitable business. Stories shared throughout this
                                  report highlight our continual support of this greater mission, areas of
                                  opportunity, and how we aim to create benefit for not only our fiduciary

      and advance solutions
                                  stakeholders, but also our consumers, our communities, our employees
                                  and planet.

                                  OUR BENEFIT JOURNEY

      for childhood hunger
                                  Each year, we assess and report on our performance against the B-Corp
                                  standards, and use our reporting as a tool to identify new best practices
                                  and aim to improve our impact each year.

      and malnutrition in the                      110

      United States
                                                                                   108         108

                                                   105

                                                   100
                                                                       99

                                 B - CORP S CORE
                                                   95

                                                         93
                                                                 91
                                                   90

                                                         FY13   FY14   FY15       FY16         FY17

10 | B CORP COMMITMENT                                                                                           B CORP COMMITMENT | 11
Mission Report 2017 - Plum Organics
We are what we eat. And so are babies!

       very           Which is why we believe every little one
                      deserves the very best start in life with
                      the very best food.

       best food      201 7 HIGHLIGHTS

                      • Organic-Center Research
                      • Eat Your Colors Product Launch

12 | VERY BEST FOOD                                      VERY BEST FOOD | 13
Mission Report 2017 - Plum Organics
Our Food Philosophy
       Our food philosophy focuses on the first 1000 days, a critical window for baby’s palate
       development and growth. We create “culinary-inspired” recipes that celebrate the
       vibrancy and diversity the world has to offer. By creating foods that emphasize a wide
       variety of flavor, texture and color, we can help inspire a lifetime of healthy eating.

                                                          FROM WOMB TO WADDLE

                               Believe it or not, baby’s tiny palate starts budding in the womb!
                              From pregnancy on through the first two years, food helps spark
                                   baby’s growth, eating habits and overall development.

                                                +                                                 +

       BE TASTE BUDS                                A COLORFUL INTRODUCTION                           TACKLE TODDLER PICKINESS
       Did you know? Babies have more taste         When baby is ready for solids, help teach         Around the time tots begin to walk,
       buds during the 3rd trimester than           those tiny taste buds what to like! Skip          a natural fear of new things sets in –
       at any other point in life! They begin       the bland, white rice cereal and introduce        including unfamiliar foods (or Food
       experiencing dynamic flavors in utero        a variety of whole grains, fruits, veggies,       Neophobia). To fight this fear, use foods
       and, later on, through breastfeeding.        herbs & spices.                                   and flavors tot already loves as a bridge
                                                                                                      to try new things.

14 | VERY BEST FOOD                                                                                                                               VERY BEST FOOD | 15
Mission Report 2017 - Plum Organics
We Love Organic!                                                                                                                          ORGANIC RESEARCH

      As an organic food company, we strongly believe in the advantages
                                                                                                                            100
                                                                                                                           of Plum Sales are
                                                                                                                                             %
                                                                                                                                                 Research is key in breaking down barriers to enhance organic
                                                                                                                                                 expansion, support organic policy, and build clear lines of
      organic food brings to our families and Mother Nature. We recognize                                                   from Certified
                                                                                                                           Organic Products
                                                                                                                                                 communication between organic industry stakeholders.
      that human health and planet health are deeply connected; that the
      food we grow and the land we share are interdependent.                                                                                     Plum partnered with the Organic-Center and the SHINE institute
                                                                                                                                                 at the Harvard School of Public Health on the Net-Positive Impacts
                                                                                                                                                 of Organic on Climate Change and Human Health study. The
       BENEFITS OF ORGANIC                                                                                                                       research is set out to examine the positive impacts of organic
                                                                                                                                                 production and farming for the environment and human health.

                                            Increases local                     Builds healthy soil                  Sequesters
                                            economic                            from techniques                      carbon from the
                                            development1                        like crop rotation2                  atmosphere3

                                           Fewer persistent                     Fewer synthetic                     No genetically
                                           pesticides or                        growth hormones                     modified
                                           herbicides                           or antibiotics                      organisms (GMOs)

       LBS. OF ORGANIC INGREDIENTS WE’VE PURCHASED

       FY17
                    27,374,281 lbs

       FY16
                    26,900,340 lbs

       FY15         22,422,527 lbs

       1 Harvesting Opportunity: The Power of Regional Food System Investments to Transform Communities.  2 "Henneron, L.,
       Bernard, L., Hedde, M. et al. Agron. Sustain. Dev. (2015) 35: 169. https://doi.org/10.1007/s13593-014-0215-8" 3 "National Soil Project,
       Northeastern University, Boston, MA, United States †The Organic Center, Washington, DC, United States "

16 | VERY BEST FOOD                                                                                                                                                                                                   VERY BEST FOOD | 17
By Parents, for Parents
          When it comes down to it, Plum is a company by parents, for parents. We know that
          properly nourishing baby is easier said than done, so a key part of what we do is to
          empower parents with the knowledge and tools they need to provide their little ones the
          very best food from the start. Our food philosophy comes to life in the shape of the:

          1.     Products We Make
                 We create products to constantly expose little ones to new
                 flavors, empower healthy choices, offer convenient options
                 for busy families, and keep the feeding journey fun.

          2. Wellness Advisory Panel
                 We lean on our Wellness Advisory Panel to ensure Plum’s
                 mission is actionable, credible, and grounded in the most
                 progressive thinking out there.

          3. Resource Center and Resources
                 We’ve developed Plum’s Resource Center, Channel, and The Feed
                 Blog to offer parents over 130 pieces of original, easy-to-digest info
                 on feeding and nutrition.

18 | VERY BEST FOOD                                                                                 VERY BEST FOOD | 19
Our Newest Baby:
          Eat Your Colors                                        ®

          It’s a colorful world, baby! Eat Your Colors® was our first line of recipes curated by
          color, celebrating the beauty and diversity of nature’s vibrant hues.

                                                                                                                                                  Load & Launch
                                                                                                                                          The line launched with 6
                                                                                                                                          different pouches. Each pouch
                Dream & Engage                                                                                                            brought it’s own vibrancy and
                                                                                                                                          color to baby’s world.

         We learned one of the biggest
         challenges for parents is providing the
         right variety of nutrients to baby. So we
                                                                                                                                           Did you know Plum was the
         focused on an easy shortcut many of                                                                                               first baby food company
         us were already using — color!                                                                                                    to introduce Cauliflower,
                                                                                                                                           Turmeric, Eggplant, Sorghum
                                                                                                                                           & Bell Pepper into the mix?!
         The Eat Your Colors® line was
         imagined to reach more of baby’s
         senses — bright colors, new flavors,                        Ideate & Build
         and enhanced texture, when possible.                                                             Make & Lock
                                                             We tried a million ideas while
                                                             considering…                          After months of curating, testing, and sharing,
                                                                                                   we decided on….
                                                             • Visual sensory and color to
                                                                                                   • Vibrant purees made with ingredients for
                                                               engage baby’s sense of site
                                                                                                     bright color, texture, and taste
                                                             • Texture
                                                                                                   • A clear window to showcase the vibrant
                                                             • Nutrition & sugar content             colors
                                                             • Ingredient exposure                 • Packaging graphics that celebrate
                                                                                                     discovery of color
                                                                                                   • Recipes which include new ingredients never
                                                                                                     seen in the baby market
                                                                                                   • Veggie forward ingredients, and
                                                                                                     8g of sugar or less.

20 | VERY BEST FOOD                                                                                                                                                       VERY BEST FOOD | 21
All little ones deserve access to the
                        very best food. Because when little

           all little
                        ones are full of enough nutrious food,
                        they can live into their full potential,
                        and have their full effect on the world.

           ones         HIGHLIGHTS 201 7

                        • 4,039,691 organic meals and snacks donated
                        • 9,700 nutrition education booklets given out
                        • 1,143 communities supported

22 | ALL LITTLE ONES                                                     ALL LITTLE ONES | 23
We believe in a future where all little ones have access to the very best
       food, and childhood hunger and malnutrition is no longer prevalent in the
       US. But, we still have a ways to go….

                                                                                                              Since the launch
                                                                                                              of The Full Effect
                                  T H E PROB L E M : FO O D IN SECU R IT Y                                                         ®
                            A food insecure child does not have access to
                          consistent and sufficient food to be fully nourished.

                                                                                                                in 2013, we’ve
                 POVERTY                                   1 4 . 5 M IL L IO N CH IL DR E N
                                                             in America live in poverty.
                                                                                                                donated over
                             CAUSES

                                                                                                              15,000,000
                FOOD
             INSECURITY
                                                                 1 IN 5 CH IL DR E N                          meals and snacks
                                                             in America is food insecure.
                                                                That’s 13.1 million kids.
                                                                                                                to little ones
                                                                                                                   in need.
                       W H I C H R E S U LT S I N

                                                              Malnourished children are
                                                              more likely to experience
        MALNUTRITION                                                                              A
                                                                                                 B C
                                                        nutrition related     higher rate      learning and
                                                          disease like        of illness &    developmental
                                                       diabetes & obesity   hospitalization       delays

24 | ALL LITTLE ONES                                                                                                          ALL LITTLE ONES | 25
ON - GOING DONATIONS & DISASTER RELIEF
                                                                                      Convoy of Hope helps to deliver millions of Plum meals out to
                            How The                                                   communities in need through their nation-wide network.

                       Full Effect® works
                         We produce nutritious products
                         and nutrition education content   Nationwide

                                                           Delivers hope by sharing
                                                           food, water, emergency
                                                           supplies, agriculture
                                                tips &     know-how and               RURAL COMPASSION
                                                tricks     opportunities that         We support nutrition and education programs in rural
                                                           empower people to          communities, in the hopes to prevent the viscous cycle
                                                           live free of poverty       of poverty.
                                                           and hunger.

                                                           W E S U PPO RT ED
                          That we donate to our partners
                                                           439
                                                                                                                                                      Paul in
                                                                                                                                                      California, MO

                                                           rural communities

                                                           12
                                                           outreaches
                                                                                      COMMUNITY OUTREACH EVENTS

                                                           13,500
                                                                                      Community events provide a day filled with services
                                                                                      such as, onsite mammograms, dental exams, nutritional
                                                                                      education guidance, bags of groceries (including Plum
                          Who get them into the hands of   children                   baby food for families with little ones!), family portraits,
                            little ones across America                                children’s shoes, and a carnival for populations of need.

26 | ALL LITTLE ONES                                                                                                                     ALL LITTLE ONES | 27
PINE RIDGE FOOD BANK                                                                               ONGOING PRODUCT
                                    Plum volunteers helped to                                                                          DONATIONS
                                    open a permanent food                                                                              Plum donated 5 pallets of
                                    bank on Pine Ridge Indian                                                                          baby food to HPP 4 times
                                    Reservation in 2015. Today,                                                                        this year. The food is handed
                                    the food bank continues to                                Justin, Cathryn
                                                                                                                                       out in the public communal
         Boulder, CO                                                                                                                   area. Visitors to HPP have
                                    serve 50 families a week.                                 & Walt
         Pine Ridge, SD                                                                                                                unlimited access to Plum
                                    PINE RIDGE RESERVATION BACKPACK PROGRAM                                     San Francisco, CA
         Works with communities                                                                                                        baby and tots products.
         in crisis through          We continue to donate product to support the Pine                           Focuses on ending
                                    Ridge Loneman School Backpack program. Since it’s                           child poverty and      HPP EVENTS SPONSORSHIP
         emergency food relief
         and empowerment            launch in 2015, our partners have seen increased school                     family homelessness    We’ve supported HPP events including their Health Fairs,
         programs.                  attendance and eagerness to learn!                                          in the Bay Area,       Luncheons, and Baby Shower Celebrations to continue to
                                                                                                                serving over 4000      build and support the local community.
                                                                                                                families every year.

         200
         ADULTS
                                                                                                                2
         150                                                                                                    breastfeeding
                                                                                                                rooms completed

                                                                                                                6
         CHILDREN

         served on a weekly basis                                                                                                      HEALTHY FEEDING INITIATIVE GRANT
         from the food bank                                                                                                            We launched the early infant feeding grant in

         250
                                    SCHOOL GARDEN PROGRAM                                                       lactation educators    collaboration with our Infant Formula. HPP developed
                                                                                                                hired and trained      a healthy feeding curriculum to foster a supportive
                                    This year, Plum volunteers ventured to the reservation
                                                                                                                                       community around breastfeeding.

                                                                                                                600
                                    to expand the garden program at Pine Ridge School. All
                                    produce created from the school’s garden program is
         students provided with
                                    available to the community – with approximately 100
         weekend nourishment
                                    community members eating from it.
         for 38 weeks out of                                                                                    breastfeeding
         the year from the                                                                                      supplies provided
         backpack program                                                                                                                                                                          Hi Francesca!

28 | ALL LITTLE ONES                                                                                                                                                                 ALL LITTLE ONES | 29
#GivingTuesday
       Plum participated in the global movement to celebrate Giving Tuesday – the Tuesday
       after Thanksgiving and the international day of giving. Our Plum Parents gathered
       parents from within their community to volunteer at local non-profits throughout the
       United States.

                                                                                              80 volunteers
                                                                                              IN 8 CITIES ORGANIZED
                                                                                                 DISTRIBUTION OF

                                                               We love our
                                                                                              35,000 meals
                                                            Plum Parents &
                                                           City Dads Groups!
                                                                                                FOR 10 DIFFERENT
                                                                                                 O R G A N I ZAT I O N S

30 | ALL LITTLE ONES                                                                                                       ALL LITTLE ONES | 31
Leaving a baby-sized footprint for
                         us means increasing transparency,
                         sustainability, and committing to
                         use business as a force for good. By
                         thinking and acting sustainably, we
                         can secure the highest quality of life
                         for little ones now and those to come.

                         HIGHLIGHTS 201 7

                         • Launched Ingredient Glossary
                         • Reduced the size of the pouch master cartons to
                           lessen our environmental footprint
                         • Optimized logistics to remove ~85 trucks
                           off the road
                         • Converted to solar electric at Plum HQ

      business
      for good
32 | BUSINESS FOR GOOD                                                BUSINESS FOR GOOD | 33
From farm to baby                                                                                                                         Our
                                                                                                                                                ingredients
      We know that food is personal. So, we set out on a journey in 2015 to personally get to
      know all our suppliers and farmers a little bit better and increase transparency into the
                                                                                                                              carrots from
      communities, families, and environment that bring our products to life. Check out a few
      ingredient suppliers from our portfolio below!                                                                          Bolthouse Farms
                                                                                                                                                We think everyone has a right to know
                                                                                                                                                what is in their food. That’s why, we have
                                                                                                                                                taken strides to increase transparency
                                                                                                                                                into our products through our digital
        bell pepper from                  peaches from                                                                                          ingredient glossary.
                                                                                            blueberries
        Chiala Farms                      SVZ                                               from SVZ                                            We’ve highlighted the ingredients we
                                                                                                                                                love and those that may be a bit more
                                                                                                                                                unfamiliar, so parents are resourced with
                                                                                                                                                the right tools to know what exactly their
                                                                                                                                                baby is eating.

                                                                                       pumpkin from       cauliflower from                                                            check out
                                                                                                                                                                                       our new
                                                                                       Stahlbush          Grimmway farms                                                             ingredients
                                                                                       Island Farms                                                                                   glossary!

      peas from
      Stahlbush Island
      Farms
                                                                                                                                                 Our ingredient work is nowhere near
                                                                                                                                                 done. We’ll continue to look for ways to
                                                                                                                                                 improve such that, we…
                                                                                                               spinach from                      • Maximize the inherent nutrition of the
                                                                                                               Chiala Farms                        whole ingredients

                                                                                                                                                 • Push our product quality forward,
                                                              bananas                                                                              beyond just flavor
                                                              from Paradise
                                                              Ingredients                                                                        • Explore new formats and textures that
                                                                                                                                                   will further help baby and tots with
                                                                                                                                                   their developmental milestones

34 | BUSINESS FOR GOOD                                                                                                                                                         BUSINESS FOR GOOD | 35
Sustainable Packaging                                                                                                 Transportation
      In FY16, we completed a streamlined Life Cycle Assessment of our pouches. We learned
      that they have a smaller environmental footprint than glass jars in regard to greenhouse                              This year, we launched our Transportation Optimization Program to reduce the number
      gas emissions and waste generated.                                                                                    of trucks on the road and greenhouse gas emissions from our freight.

      To reduce the footprint of our pouches even further, we transitioned our entire pouch                                 In only six months, we’ve removed 85 trucks from the road and avoided 944 mt CO2e
      portfolio from a 2 pouch by 6 pouch master carton to a 1 pouch by 6 pouch master carton.                              emissions. Over the next two years, we hope to see further reductions of emissions by
                                                                                                                            taking more trucks off the road

                                                                                                                             2017
                      outer
                  corrugate
                                                                                                                corrugate                                                   85
                       case
                                                                                                                sleeve                                                      LTLs

                      inner
                  cardstock
                                                                                                                                                                             944
                     sleeve
                                                                                                                                                                             MT CO₂e

                                  pouch                                                pouch

                                       2 x 6 MASTERCASE                                  1 x 6 MASTERCASE

                                                 This switch resulted in                                                     TWO-YEAR GOALS

                                                                                                                            2018                                            2019
                                                                         TOTAL POUCH CORRUGATE
                         POUCH CARBON FOOTPRINT*                         PACKAGING WEIGHT

                                 17%                                              40%
                         POUCH INBOUND                                      POUCH RECYCLED
                         TRANSPORTATION TO OUR DC’S                         CORRUGATE INCREASED TO

                                 15%                                        100%                                                 313.65 LTLs                                     523.53 LTLs

                   * Based on streamlined life cycle assessment (LCA) by Environmental Packaging International on various
                   packaging options, using a web-based Packaging Impact Quick Evaluation Tool.

                                                                                                                                         = About 83 LTLs
         WE LOV E P RAT T I ND U S TRI E S !
         As Plum’s packaging supplier, they divert waste from landfills and use it to create energy                          LTL = Less thanTruck Load
         for their facilities. They produce 100% recycled paper and packaging, like our new 1 x 6                            MT = Metric Tonnes
         Master Case!

36 | BUSINESS FOR GOOD                                                                                                                                                                                 BUSINESS FOR GOOD | 37
Office sustainability
We made major renovations to our Plum building over the past few years, and continue
to look for ways to incorporate our mission through green building practices. We try to
make it easy for employees to make small mindful changes here at the office, so we can
collectively leave a baby sized footprint on the planet.

    AMMENITIES The living wall
    keeps our air fresh and re-
    circulates water, using 75% less
    water than traditional systems

                                                                          ENERGY Efficient lighting to
                                                                          minimize energy usage                                                                                                                                                             AMMENITIES Quiet
                                                                                                                                             OFFSETS Purchased carbon
                                                                                                                                                                                                                                                            space to recharge and
                                                                                                                                             credits from Native Energy to offset
                                                                                                                                                                                                                                                            refresh. Blankies and
                                                                                                                                             GHGs created from our office space
                                                                                                                                                                                                                                                            mood lighting included

                                                                                                                                                                              ENERGY Energy Star® rated
                                                                                                                                                                              appliances minimize energy use
                                                                                                                                                                              from our kitchen appliances                  COMMUTING & TRAVEL
                                                                                                                                                                                                                           Incentivize use of public
                                                                                                                                                                                                                           transportation and virtual
                                                                                                                                                                                                                           meeting technology to reduce
                                                                                                                                                                                                                           in-person meetings and limit
                                                                WASTE Recycling and compost bins                                                                                                                           corporate travel
                                                                in the kitchen and centralized waste                                                                                                                                                      WASTE Alternative
                                                                bins near desks encourage proper         WATER Low-flow faucets, taps,                                                                                                                    waste stations provide
                                                                sorting and overall landfill reduction   toilets, urinals, and showerheads                                                                                                                safe and convenient
                                                                                                         and signage reduce water usage                                                                                                                   options for disposing
                                                                                                                                                                                                                                                          batteries, plastic bags,
                                                                                                                                                                                                         AMMENITIES Very best                             e-waste, corks, and more
                                       COMMUTING & TRAVEL               AMMENITIES Private
                                       Indoor bike parking                                                                                                                                               food from the very first
                                                                        pumping room to give                                                                                                             minute in the office
                                       and centralized office           mothers space to nourish
                                       space encourage green            their little ones
                                       commuting
Sustainability
      partnerships
      We are proud to collaborate with like-minded organizations who share our
      commitment to foster a happier and healthier planet.

      Bay Area based program         Collaborative of natural        Standardized labeling         Group of folks devoted       Trusted, go-to source of     Community of sustainable
      that verifies businesses       foods companies working         system to clearly             to cultivating a better      information for scientific   business leaders driving
      that meet higher standards     toward a vision to reverse      communicate recycling         understanding of what        research about organic       positive impact on
      of environmental               climate change                  instructions to the public    organic really means and     food and farming             our industry and our
      performance                                                                                  the environmental and                                     environment
                                                                                                   health benefits choosing
                                                                                                   organic provides

      Collaboration of leading       B Corp provider of carbon       Collective of organizations   B Corporation partner that   Public agency funding
      companies committed            offsets, renewable energy       concerned with protecting     aims to develop improved     projects that help reduce
      to advance how flexible        credits, and carbon             consumers’ right to know,     recycling efforts and        waste in our local
      plastic packaging can be       accounting software             and support the fight for     creates new end markets      Alameda County
      effectively sorted                                             mandatory labeling of         for materials
      for recovery                                                   genetically engineered
                                                                     foods

40 | BUSINESS FOR GOOD                                                                                                                                                   BUSINESS FOR GOOD | 41
By connecting and nourishing
                our team with our mission, we
                can preserve the special-ness of
                Plum’s culture.

                HIGHLIGHTS F Y1 7

                • New Workplace of our Future programs
                  implemented, such as Flexible Work Guidelines,
                  Food Philosophy & Mission 101, and Wellness
                  Wednesday
                • Kick-off of the Inclusion Challenge with WorkLab
                • Raised $14,000+ through employee-led
                  fundraising initiatives

      culture
42 | CULTURE                                                         CULTURE | 43
Workplace of our Future                                                                 In 2016, we launched the Workplace of our Future principles to help protect the
                                                                                              specialness of our culture. This year was the first full year where the principles were
                                                                                              thoughtfully implemented into specific programs. We’ve already seen dramatic results!

        VISION                    VISION                       VISION                          VISION
        Employees are part of     Understanding of             People feel empowered           Open work spaces
        dynamic teams that        well-being is highly         to manage their own             foster spontaneous
        come together to work     individualized               time, and leadership            collaboration while
        on projects effectively   and respect for              helps to keep focus             alternative spaces let
        with a clear focus        accommodating each           on priorities so that           people find focus and get
                                  person is built into the     resources are balanced.         work done.
        PROGRAMS                  culture
        Began formal Mgr                                       PROGRAMS                        PROGRAMS
        Trainings to ensure       PROGRAMS                     Established quarterly           Ideated on space not
        communication             Created the Wellness         business updates                just as desks but as a
        between managers          Wednesday series to          to revisit strategic            fluid environment for
        and employees is a        educate employees            priorities and provide          employees to work based
        two-way conversation      about all things wellness    an opportunity to hear          on the task at hand.
        covering long term        (food or not!). Topics       from all functions.
        professional and          have included: Ayurveda,
        developmental goals.      Paleo cooking,                                               “Our physical workspace is
                                  Self Defense, and            “I know what I need to do to       enjoyable to work in.”
                                                                                                                                VISION                        VISION

                                                                                                         76%
                                  Naturopathic Solutions        be successful in my role.”
           “I know how my work

                                                                        83%
                                  to Stress.                                                                                    People are able to work       Company mission and
             contributes to the                                                                                                 seamlessly with their         values are integrated
               goals of Plum.”                                                                                                  team whether they are         into all aspects of the

                 96%
                                   “My Manager genuinely                                                                        working from home,            employee experience
                                  cares about my wellbeing.”                                   VISION
                                                                                                                                in remote office, or at       so that our people

                                            91%
                                                                                               Team, department, and            Plum HQ.                      feel empowered to
                                                                                               cross-departmental                                             implement them to the
                                                                                               respect and                      PROGRAMS                      fullest
                                                                                               camaraderie is fostered          Designed Flexible
                                                                                               through compassion,              Work Guidelines to            PROGRAMS
                                                                                               empathy, and time spent          be applied in a way           Developed the Core
                                                                                               together.                        that works for the            Truth Recognition and
                                                                                                                                unique needs of each          #Team Parent Profiles
                                                                                               PROGRAMS
                                                                                                                                individual.
                                                                                               Launched the diversity                                         Added in Food
                                                                                               & inclusion challenge to                                       Philosophy and Mission
                                                                                               ensure that all voices at          “We are genuinely           101 for New Hires
                                                                                               Plum are welcomed               supported if we choose to
                                                                                               and heard.                     make use of flexible working
                                                                                                                                                              I know how, in my role, I can
                                                                                                                                   arrangements.”
                                                                                                                                                                help further our mission.”
                                                                                               “I feel I’m part of a team.”
                                                                                                                                         86%                            85%
                                                                                                        83%
44 | CULTURE                                                                                                                                                                          CULTURE | 45
Programs and Partnerships                     How we’re catering to our
                                                                                                 WORK LAB                                      working parents
                                                                                                 A team of Plum employees worked               MILK STORK
                                                                                                 alongside Work Lab, a design accelerator,     A program that makes it easy to get your
                                                                                                 and other forward thinking, innovative        breast milk home when you’re away on
                                                                                                 Bay Area companies to tackle the topic of     business. That way, our parents don’t
                                                                                                 Diversity & Inclusion.                        have to choose between their career and
                                                                                                 INTERNAL D&I TEAM                             their commitment to breastfeeding.
                                                                                                 We created an internal Diversity
                                                                                                                                               TEND LAB
                                                                                                 and Inclusion team, who focuses on
                                                                                                 implementing the ideas coming out of the      Tend Lab facilitated an internal survey
                                                                                                 WorkLab focus session.                        to gauge how parents experience work,
                                                                                                                                               and educated all employees on their
                                                                                                 BCORP INCLUSION CHALLENGE                     research around parenting as it relates to
                                                                                                 We participated in the B Corp Inclusion       performance at work.
                                                                                                 Challenge, which helped to jump start the
                                                                                                 dialogues of Diversity & Inclusion at Plum.   PARENTAL RETURN FROM LEAVE

                                                                                                 GENDER NEUTRAL ADVOCACY

                                                                                                                                               % of parents who returned to
                                                                                                                                               work over the past 3 years
                                                                                                 Love Wins. We consciously created                                            94%
                                                                                                 gender neutral restrooms and shared
                                                                                                 articles around gender pronouns.                                                    79%

       An Inclusive Community                                                                                                                                                 Plum   National
       We aspire to be an inclusive and equitable workplace for all, and foster a culture of                                                                                         Average
       belonging so that everyone feels welcome and all voices are heard. We recognize that
       by fostering a supportive environment, we can inspire everyone to Bring Their Own Self,
       and enable behaviors that drive a culture of innovation.

      Diversity at Plum

                                 64% of                                          28% of
                                 managerial                                      managerial
                                 staff are                                       staff are
                                 women                                           minorities

46 | CULTURE                                                                                                                                                                                    CULTURE | 47
Each month,
          we celebrate one    DAVE, SR. MANAGER R&D
                              “Dave is incredibly passionate
                              about making great tasting
                                                                     SHANNON, FINANCIAL ANALYST
                                                                     “I have worked a lot with Shannon       LYNN, ASSOCIATE BRAND MANAGER

          Plum employee
                              products, but most importantly will    over the years and love that she        “Lynn is always happy to jump in,
                              go that extra mile for his team and    genuinely brings her REAL self          mentor, and help people when they
                              his teammates.”                        to work”                                need a gentle touch.”

           who embodies
          what we call our    LINDA, SR. REGULATORY MANAGER
                              “You will have a hard time finding     DREW, IT MANAGER                        AMI, DIRECTOR OF COMMUNICATIONS

         ‘Core Truths’, and
                              someone more passionate than           “He embodies everything one could       “You can tell how fulfilling it is for
                              Linda about giving babies the best     ask for in a teammate, and              Ami to see others succeed and feel
                              nutrition possible.”                   constantly goes above-and-beyond.”      supported.”

          goes above and
         beyond with their    ROD, FP&A MANAGER

         integrity, impact,
                              “He showed real persistence and        STEPHANY, PEOPLE & CULTURE MANAGER      AMY, BUSINESS PROCESS IMP. ANLST

                              managed to get it all done with that   “Patience! Patience! and more           “ I don’t think I know anyone else
                              friendly smile we have all come to     Patience! She takes care of all of us   who opens their heart as big
                              know and love.”                        here and always leads with heart!”      as Amy.”

            and overall
           amazingness.       JEN, SR. BRAND MANAGER                 JUAN, BUSINESS PROCESS IMP. ANLST
                                                                                                             NAOMI, INSIGHTS MANAGER
                                                                                                             “She makes us all better by being
                                                                                                             strong advocate for doing what’s
                              “Jen has an insatiable                 “Most importantly, Juan is asking       right, actively seeking out data to
                              inquisitiveness and curiosity that I   others how he can help, even with       support a case, and using her own
                              find absolutely infectious.”           the many demands on his plate.”         moral compass.”

48 | CULTURE                                                                                                                                   CULTURE | 49
Our Home is your Home                                                                        Volunteering
                                                                                                   To empower employees to engage in the community, Plum offers paid time off to volunteer,
      BRING YOUR LOVED ONES TO WORK DAY                                                            provides planned team opportunities for employees to engage each quarter, and encourages
      A day where employees were encouraged to bring family, friends, children, partners, or any   employees to choose when and where they volunteer their time in the community.
      loved one into the Plum office.

      NEWCO.
      A new event experience where attendees pick companies and mission-based organizations

                                                                                                                                                                     401
      they want to visit, and learn directly from the company’s leadership in the company’s home
      environment.                                                                                                              76% of employees
                                                                                                                                took paid time
      SCIENCE TECHNOLOGY ENGINEERING MATH DAY
                                                                                                                                off for volunteer
      A day session where the Plum R&D team welcomes a group of local high school kids into the
                                                                                                                                service                            Total volunteer
      office to experience real R&D exercises!                                                                                                                         hours

50 | CULTURE                                                                                                                                                                          CULTURE | 51
Charitable Contributions                  Fundraisers

Dollars for Doers                         MOVEMBER                                   REFUGEE SUPPORT
Campbell Soup Company offers a            Plum employees held an auction to raise    The team hosted a silent auction to
corporate matching gift program where     funds for the Movember Foundation.         support the International Rescue
the company matches donations $1 to $1.   Employees could bid on a beard, then       Committee, and raised $7,628 in donations
                                          choose a facial hair style for an onsite   toward the local Bay Area refugee

$8,500
                                          barber to shave (think handlebar           resettling program.
                                          mustache, mutton chops, etc).

                                          $1,200                                     $14,923
Total additional funding
generated through Campbell’s
Dollars for Doer’s Program,
which rewards volunteering                Raised for the                             Raised for the IRC after Plum’s
through grants                            Movember Foundation                        matching donation

• Alameda Food Bank: $500

• Convoy of Hope: $2,000

• Covenant House: $1,500

• City Slickers: $4,500

                                                                                                                           CULTURE | 53
Love Bomb
       Each week, we end our weekly all-hands meeting with a photo or note from a consumer
       – a regular reminder of who we show up for. We’re honored to serve little ones with the
       products we make and values we try to model!

                                                                                                 My daughter is a
                                                                                                 fan of Plum
                                                                                                 she can’t talk yet
                                                                                                 but she eats it all
                                                                                                 -Gigi

                           I’m loving my
        yum yum Plum!
                          at I can sit up!
        high chair now th
                         cles!
        Yay for butt mus
                          esca
        – Romina Franch
                                              Someon
                                                       e s n at c h
                                             right out              ed these
                                                       o f my h a
                                             her Plum               nd
                                                       organics s! Loves
                                                                    !! - Adina
                                                                               a

                                                                                                                       Plum Organics ‘squishy’ - a
                                         Getting into the month                                                        very important part of a
                                         of October by enjoying                                                        summery bike ride across the
                                         some banana & pumpkin                                                         Oakland/SF Bay Bridge!
                                         baby food from Plum                                                           – Michael
                                         Organics!!! – Kayla

54 | CULTURE                                                                                                                                          CULTURE | 55
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