Guided by our company purpose, we strive to create fair and sustainable value in everything we do, and leverage our position as a global leader in our industry to encourage business and supply chain partners to do the same.

Accordingly, we seek to ensure strict compliance with applicable laws, regulations and standards, and engage with relevant stakeholders to address cases of human rights infringements in our value chains.

In particular, we seek to influence our supplier network to align with LDC’s global and product-specific codes and responsible sourcing policies, which comprise commitments to upholding human rights, including our:

• Group Code of Conduct
• Code of Conduct for Coffee Suppliers
• LDC Soy Sustainability Policy
• LDC Palm Sustainability Policy

We also have an anonymous hotline – EthicsPoint – available for employees or external stakeholders to report any concerns over possible conduct that may be unethical, non-compliant or otherwise inconsistent with LDC codes and policies. This channel is hosted by a third-party service provider and all reported concerns are treated confidentially and anonymously, following existing grievance resolution procedures.

In 2022, LDC formally joined the International Labour Organization (ILO)Child Labour Platform – a cross-sectoral platform that aims to identify obstacles to the implementation of ILO Conventions in supply chains and surrounding communities, pinpoint practical ways of overcoming these obstacles and catalyze collective action.

Acting on the results of a materiality assessment conducted in 2022 as part of our sustainability strategy review, LDC has appointed a cross-commodity Group Human Rights Lead to spearhead our action plan, which aims to:

• Issue and roll out a Group-wide Responsible Sourcing Policy;
• Conduct a human rights gap analysis of our policies and procedures;
• Based on the outcomes of this analysis, design a new LDC Human Rights Governance Framework, including the adoption of a human rights policy;
• Conduct a corporate human rights risk assessment; and
• Based on the results of this assessment, determine and prioritize actions to address negative human rights impacts on stakeholders throughout our activities and operations.