From John R. Tyson Participates in 2022 Global Food Forum · · John R. Tyson
“I think there's a couple ways that we think about the investments that we're looking at. And in first, you think about the business environment that we're in and you know, what that means in terms of investments in our core business productivity, raw materials, how we think about, you know, various, you know, supply issues that we're going to have as it relates either to global conflict, climate change, you name it.”
On , John Tyson, Executive Vice President & Chief Financial Officer at Tyson Foods Inc, spoke about corporate investment strategy during John R. Tyson Participates in 2022 Global Food Forum on John R. Tyson.
John R. Tyson, Executive Vice President and Chief Financial Officer at Tyson Foods, participated in the Wall Street Journal’s 2022 Global Food Forum, where he discussed the company’s investment strategy. He stated that Tyson Foods considers the business environment, including supply issues related to global conflict and climate change, when evaluating investments. Tyson noted a balance between returning capital to shareholders and investing in the business or pursuing mergers and acquisitions. He also mentioned that data from McKinsey indicated that companies investing in turbulent markets tend to see incrementally better returns. Tyson described a planned startup demo day in July to evaluate business ideas from Tyson employees. In a separate appearance, Tyson discussed the company’s sustainable food initiatives. He outlined efforts including verifying sustainable production practices in the beef supply chain, launching a broiler welfare research center with the University of Arkansas, and working with the World Resources Institute on water stewardship. Tyson also described a deforestation risk assessment conducted with Proforest, which found 94% of the company’s land footprint at no to low risk, and the subsequent development of a forest protection standard. He stated that the company’s board added ESG oversight to its charter in early 2021.