JBS goes up in CDP global sustainability ranking
CDP raised JBS' Climate Change 2022 score to A-, which is above the industry average.
JBS, the world's largest food company, improved its performance in the CDP 2022 Climate Change Report, the largest global platform for corporate sustainability information. In this year's ranking, which was recently released, the institution raised the company's score from B to A- in "Climate Change," which is above the average score (C) for food and beverage companies.
"JBS' good performance in the 2022 Climate Change Report can be attributed to our Net Zero 2040 journey, which has contributed to a better understanding of our indicators and environmental management. We have also expanded the projects linked to the circular economy in our production processes and increased the use of renewable energy sources in our operations," said Maurício Bauer, director of sustainability at JBS in Brazil.
In this year's edition, JBS was evaluated on 11 criteria, standing out in themes such as "Energy," "Business Strategy, Financial Planning and Scenario Analysis" and "Disclosure of Opportunities." According to CDP's criteria, the A- score means that the company is implementing the best market practices in the area assessed.
The result of the 2022 Climate Change Report consolidates JBS' efforts to make its operations even more sustainable throughout all links of its production chains. In 2022, for example, the company launched two new circular economy businesses, Genu-in, which produces collagen peptides and gelatin from bovine skin, and Campo Forte Fertilizantes, which uses organic waste to produce organomineral fertilizers. In addition, JBS Biodiesel opened its third biodiesel plant. The new unit is located in the city of Mafra in Santa Catarina, Brazil.
On the clean and renewable energy sources front, Swift has advanced in its plan to have 100% of its stores supplied by solar energy. Another relevant initiative this year was the creation of No Carbon, a company specialized in renting 100% electric trucks. The new company's vehicles are already being used in the logistical fleets of Seara and Friboi to deliver their products in urban centers.
CDP is internationally renowned for publishing data on companies, cities, states and regions and is supported by around 680 investors with more than $130 trillion in assets. Around 18,700 companies report their results through CDP's platform. Of those companies, 1,300 are Brazilian. "This evolution shows that we are advancing in a very tangible way in our Net Zero 2040 commitment. We were the first global company in the protein industry to make this commitment and we are advancing on several fronts to reach this goal," said Maurício Bauer.
Source: JBS
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