Tate & Lyle : Interactive Annual Report 2021

HEALTHIER, TASTIER

FOOD.

NB: FOR OPTIMUM NAVIGATION,
PLEASE DOWNLOAD AND VIEW	ANNUAL REPORT 2021
THIS PDF IN ADOBE ACROBAT.

Tate & Lyle is a global provider of ingredients and solutions for the food, beverage and industrial markets.

CONTENTS

STRATEGIC REPORT

2 Our purpose

Our business today 10 At a glance

12 Chair's statement

1. Chief Executive's review

1. Our world

1. Our business model

1. Our strategy

1. Key performance indicators

Review of the year

1. Food & Beverage Solutions

1. Primary Products

1. Innovation and Commercial Development

1. Global Operations

1. Chief Financial Officer's introduction

1. Group financial review

1. Our people

1. Equity, diversity and inclusion
2. Community involvement

1. Environment, health and safety

1. Task Force on Climate-related Financial Disclosures

1. Risk Report

GOVERNANCE

1. Board of Directors

1. Executive Committee

1. Corporate governance

1. Nominations Committee Report

1. Audit Committee Report

1. Directors' Remuneration Report

1. Directors' Report

1. Directors' statement of responsibilities

FINANCIAL STATEMENTS

134 Independent Auditor's Report to the members of Tate & Lyle PLC

1. Consolidated income statement
2. Consolidated statement of comprehensive income
3. Consolidated statement of financial position
4. Consolidated statement of cash flows
5. Consolidated statement of changes in equity
6. Notes to the consolidated financial statements

194 Parent Company financial statements

USEFUL INFORMATION

1. Group five-year summary

1. Additional information
2. Information for investors

1. Glossary
2. Definitions/explanatory notes
3. • DOWNLOAD THE FULL ANNUAL REPORT 2021
     Download at www.tateandlyle.com

NB: FOR OPTIMUM NAVIGATION,	STRATEGIC REPORT
PLEASE DOWNLOAD AND VIEW
THIS PDF IN ADOBE ACROBAT.

EVERY DAY, ACROSS THE WORLD,

MILLIONS OF PEOPLE ENJOY

PRODUCTS CONTAINING

OUR INGREDIENTS.

Our purpose of Improving Lives for Generations inspires us to work with our customers to deliver sweetness, mouthfeel, fortification and stabilisation to food and drink,

making people's favourite products even better.

IN THIS REPORT

Our purpose is why we do what we do...

Read more:

  Our purpose 2 to 9

it helps shape our	it guides how	and creates better
strategy and our	we run our	outcomes for all
priorities...	business...	our stakeholders.
Read more:	Read more:	Read more:
Our strategy 24 and 25	Governance 86 to 125	Our business model 22 and 23

TATE & LYLE PLC ANNUAL REPORT 2021 1

OUR PURPOSE

LIVING OUR PURPOSE

OUR	OUR	OUR	OUR	OUR
PURPOSE	WORLD	BUSINESS	STRATEGY	PROGRESS

OUR PURPOSE OF IMPROVING

LIVES FOR GENERATIONS IS WHY WE DO WHAT WE DO. IT GUIDES EVERY ACTION WE TAKE AND EVERY DECISION WE MAKE.

We've been working to improve people's lives for over 160 years, growing our business and making a positive impact on society.

Whether it's by supporting healthy living, building thriving communities or caring for our planet, we live our purpose every day, in everything we do.

DECEMBER 2020

IMPROVING LIVES FOR GENERATIONS

Introducing our purpose

OUR PURPOSE

In December 2020, we published our purpose booklet explaining our purpose and what it means to us.

Download at www.tateandlyle.com/purpose

UNITED NATIONS SUSTAINABLE

DEVELOPMENT GOALS (UN SDGS)

We focus on five of the UN SDGs which most closely align to our purpose and where we can have most impact.

SDG 2 Zero hunger

SDG 3 Good health and wellbeing SDG 5 Gender equality

SDG 12 Responsible consumption and production SDG 13 Climate action

To demonstrate our support for the UN SDGs, we are a participating member of the UN Global Compact, a major global sustainability initiative.

2 TATE & LYLE PLC ANNUAL REPORT 2021

STRATEGIC REPORT

OUR THREE PURPOSE PILLARS

SUPPORTING

HEALTHY LIVING

Supporting healthy living is at the heart of what we do and where our purpose has the biggest impact on the world. Our goal of helping our customers make healthy food tastier and tasty food healthier drives the development of new ingredients and solutions which in turn helps us grow our business.

BUILDING THRIVING

COMMUNITIES

We think about community in its broadest sense. Our employees are part of the Tate & Lyle community and we are also part of the communities of other stakeholders we work with such as our customers, suppliers and partner organisations. We're also part of the local communities where we live and work.

CARING FOR

OUR PLANET

Nearly everything we make begins life in the natural world, whether it's a kernel of corn or a leaf of stevia. This makes it all the more important that we take care of the planet for its own health and the future health of our business.

IMPROVING

NUTRITION

ENCOURAGING

BALANCED

LIFESTYLES

PROMOTING

PERSONAL

WELLBEING

PREVENTING

HUNGER

SUPPORTING

EDUCATION

PROGRESSING

EQUITY,

DIVERSITY AND

INCLUSION

CLEANER AIR

USING WASTE

BENEFICIALLY

USING LESS

WATER

SUPPORTING	TATE & LYLE PLC ANNUAL REPORT 2021	3
SUSTAINABLE

AGRICULTURE