New Report Underscores the Global Health and Wellness Company's Commitments to Product, People and Planet
HONG KONG, Aug. 8, 2023 /PRNewswire/ -- Premier health and wellness company, Herbalife, has released its second Global Sustainability Report: Live Your Best Life. The report covers the impacts the Company made from 2021-2022 and provides transparency into its sustainable business practices and commitments across three priority areas: quality product, healthy people and communities, and a thriving planet.
"The release of our second Global Sustainability Report underscores our commitment to embedding sustainability into the fabric of our business in Asia Pacific and around the globe," said Stephen Conchie, Regional President for Asia Pacific and China, Herbalife. "Underpinning all our efforts is our mission to meet the evolving needs of our independent distributors, customers, employees, investors and communities – while fulfilling our purpose of helping people live their best lives and contributing to improving the overall health of our communities and our planet."
Prioritizing the areas where the Company can have the greatest impact, Herbalife's Global Sustainability strategy focuses on environmental stewardship, social responsibility, and transparent governance practices. This strategy is informed by stakeholder priorities, enterprise risks and is aligned with the United Nations Sustainable Development Goals (SDGs).
In 2022, Herbalife conducted a formal stakeholder assessment to gather insight on its sustainability performance, priorities, and how the company could enhance its sustainability transparency and reporting. This assessment allowed Herbalife to identify the most significant sustainability issues facing the company.
The Herbalife 2021-2022 Global Sustainability Report highlights the company's achievements in each of the three priority areas, including:
Quality Product
Healthy People
Thriving Planet
Additionally, through the generous support of the Company's independent distributors and employees, the Herbalife Nutrition Foundation (HNF) continues to provide the proper nutrition and education necessary for the wellness of children and communities. HNF granted US$5.12 million to 178 local organizations in 2022, including US$1.2 million to 41 charity organizations in the Asia Pacific region, benefitting 229,000 children worldwide.
Herbalife's Global Sustainability Report can be viewed in full here.
About Herbalife Ltd.
Herbalife (NYSE: HLF) is a premier health and wellness company and community that has been changing people's lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed products to consumers in more than 90 markets through entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle in order to live their best life.
For more information, visit https://ir.herbalife.com.
* Source Euromonitor International Limited; per Consumer Health 2023ed, weight management and wellbeing definition; combined % RSP share GBO, 2022 data.
** Source Euromonitor International Limited; per Consumer Health 2023ed, Health Shake as per sports protein powder, sports protein RTDs, meal replacement, supplement nutrition drinks and protein supplements, combined % RSP share GBO, 2022 data.