PRESS RELEASE
Amsterdam, 9 January 2024
JDE Peet's (EURONEXT: JDEP) was recognised as a leader in sustainability through
its inclusion in the prestigious Dow Jones Sustainability Europe Index. The
index recognises the most sustainable companies in Europe and JDE Peet's is one
of only four European food companies included in the index.
At JDE Peet's, we act with purpose to ensure that every cup contributes to a
better future. From farmers to consumers, we champion an inclusive and
regenerative ecosystem fuelled by our love for coffee and tea through our Common
Grounds Programme (https://www.jdepeets.com/sustainability/) which is comprised
of three pillars: Responsible Sourcing, Minimising Footprint and Connecting
People.
This recognition, based on the company's substantially improved CSA score
(https://www.spglobal.com/esg/scores/results?cid=19885629), underscores JDE
Peet's' longstanding commitment to creating a sustainable future.
Fabien Simon, CEO of JDE Peet's, commented: "Three years ago, we engaged in a
turnaround, which led us to rediscover the power of our brands. While we stepped
up investments, execution and innovation, we brought back relevance for our
consumers and our customers. Sustainability is playing an important role to
enable relevance, as we became committed to foster an inclusive ecosystem. I am
very proud of the progress we have made on our sustainability journey, in
parallel with transforming the operational performance of JDE Peet's. We
acknowledge there is much more to do in order to reach 100% responsibly sourced
coffee by 2025 and meeting our net-zero carbon emission target by 2050. Yet, we
are greatly encouraged by the external recognition of the leading position of
JDE Peet's, which is the only coffee company included in the prestigious Dow
Jones Sustainability Europe Index. We remain committed to continually improve
our performance to deliver sustainable value for all our stakeholders and secure
the future of coffee and tea."
The index recognised JDE Peet's as being well above the industry average and
noted the company's exceptional commitment to sustainability and responsible
management of key ESG risks, opportunities and impacts.
JDE Peet's also performed particularly well in the fields of Emissions, Resource
Efficiency & Circularity, Waste Management, Human Capital Development, Talent
Attraction & Retention and Cybersecurity & System Availability.
Laurent Sagarra, VP of Sustainability at JDE Peet's, commented: "Sustainability
is a journey, where every step counts. Over the past years we've stepped up from
being directly involved at origin in over 60 farmer projects to actively playing
our part in reducing scope 1,2 and 3 emissions. While we recognise that there's
still a long road ahead, I'm very proud of the positive impact we are already
having around the world to improve the lives of nearly 600,000 smallholder
farmers."
To learn more about our sustainability journey, please visit our Common Grounds
Programme (https://www.jdepeets.com/sustainability/).
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Enquiries
Media
Will Hummel
+31 6 3917 7280
Media@JDEPeets.com (mailto:Media@JDEPeets.com)
Investors & Analysts
Robin Jansen
+31 6 1594 4569
IR@JDEPeets.com (mailto:IR@JDEPeets.com)
About JDE Peet's
JDE Peet's is the world's leading pure-play coffee and tea company, serving approximately 4,200 cups of coffee or tea per second. JDE Peet's unleashes the possibilities of coffee and tea in more than 100 markets, with a portfolio of over 50 brands including L'OR, Peet's, Jacobs, Senseo, Tassimo, Douwe Egberts, OldTown, Super, Pickwick and Moccona. In 2022, JDE Peet's generated total sales of EUR 8.2 billion and employed a global workforce of more than 20,000
employees. Read more about our journey towards a coffee and tea for every cup at
www.jdepeets.com.
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