CHICAGO, April 11,
2022 /PRNewswire/ -- JBT Corporation (NYSE:
JBT), a leading global technology solutions provider to
high-value segments of the food & beverage industry, today
published its 2021 ESG Report, "Make it BETTER," outlining key
achievements in four focus areas: Sustainable Solutions,
Operations, People, and Governance. JBT's purpose is to help our
customers succeed in the marketplace by providing them with
solutions to make better use of the world's precious resources.
Throughout our history, JBT has focused on continuous
improvements that make smart use of precious resources. This work
has never been more important to our customers, our industry, and
the world at large.
"Many of our customers are making commitments to achieve net
zero greenhouse gas (GHG) emissions, conserve water, and use
natural resources more efficiently. JBT's advanced process and
application knowledge allows us to engineer innovative products and
solutions to help our customers in their sustainability journeys,"
said Brian Deck, President and Chief
Executive Officer. "Our products, such as zero-emissions ground
support equipment, packaging solutions that reduce food waste and
plastic usage, and state-of-the-art bioreactors that make
sustainable meat, are helping some of the largest companies in the
world take meaningful steps toward achieving their environmental
goals."
ESG Report Highlights
This report details how JBT is providing solutions for our
customers to reduce their environmental footprint, how we strive to
operate our own facilities efficiently and safely, and how we offer
a workplace of choice that welcomes everyone and seeks to maximize
their potential. Key highlights include:
Sustainable Solutions
- Our portfolio of equipment and services includes a significant
number of products and technical support programs that enable our
customers to make a positive environmental impact, including
increasing yields, conserving water, ensuring food safety,
facilitating use of alternative fuels, and automating
processes. We estimate that 48% of our product revenue is
from equipment that has an environmental benefit for our
customers.
- In our AeroTech Division, we set a goal to increase
electric-powered airport ground support equipment sales from less
than 5% of total vehicle sales in 2020 to 30% by 2023.
Additionally, we launched three new electric vehicles in 2021: JBT
Commander® 30i E, JBT All-Electric B650 E tow tractor, and JBT
LEKTRO® tow vehicle.
Operations
- We conducted an evaluation of our climate-related risks and
opportunities and shared our findings consistent with the Task
Force on Climate Related Financial Disclosures (TCFD)
framework.
- We purchased an enhanced utility billing management platform
that will expand our ability to manage and report on utility
consumption and emissions broadly across our global
operations.
- For the first time, we reported our water footprint in this
year's report as we continue to expand our transparency about our
environmental footprint.
People
- We launched our first global employee engagement survey,
obtaining responses from approximately 65% of our employees. We
distributed the resulting data to our managers to develop actions
to address opportunities identified through the survey to
strengthen our engagement with JBT employees.
- We partnered with an industry leader in DEI to develop and
continue the JBT Inclusive Leadership Series (ILS). The ILS
is a quarterly training for the top leaders in the company that
focuses on providing structured and interactive leadership training
sessions, with the primary objective to help JBT leaders
incorporate inclusive practices into the way they manage their
teams.
- We awarded our initial twelve Tom Giacomini Engineering
Scholarships to diverse students pursuing degrees in mechanical
engineering, electrical engineering, computer science,
mechatronics, or industrial engineering.
- In conjunction with executive leadership sponsors, employees
developed two pilot Employee Networking Communities (ENCs),
Blacks/African-American in the U.S. and Women globally. The aim of
these groups is to create safe spaces for employees to start
building community with others that share specific
demographics.
- Our Recordable Incident Rate (RIR), which is a measure of the
total number of injuries and illness per 100 employees working a
full year, was 0.79, a reduction of 20% from 2020.
Governance
- We appointed our first Chief Ethics and Compliance Officer, who
reports to our Executive Vice President and General Counsel.
- We established a cross functional Ethics and Compliance
Committee in 2021 to better ensure that ethics is embedded in
everything that we do on a day-to-day basis. In addition, this
committee will act as our "ethics champions" to raise awareness
throughout the company.
- We spent over $29 million with 55
diverse suppliers, which provided products and services to our
North American manufacturing sites.
"We continue to be impressed with the resilience of our
employees who often take extraordinary steps to deliver results for
our customers, especially in light of the challenging operating
environment that we experienced in recent years," stated Deck. "As
an integral part of the supply chains of many critical industries,
JBT is proud to provide the solutions that ultimately enable our
customers to Make It Better and, in the process, make our world
better. We look forward to updating you on our progress in the
years to come."
Please visit
https://www.jbtc.com/about-us/esg/ to learn more
about JBT's ESG efforts.
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JBT Corporation (NYSE: JBT) is a leading global technology
solutions provider to high-value segments of the food &
beverage industry with focus on proteins, liquid foods and
automated system solutions. JBT designs, produces and services
sophisticated products and systems for multi-national and regional
customers through its FoodTech segment. JBT also sells critical
equipment and services to domestic and international air
transportation customers through its AeroTech segment. JBT
Corporation employs approximately 6,600 people worldwide and
operates sales, service, manufacturing, and sourcing operations in
more than 25 countries. For more information, please visit
www.jbtc.com.
Investors & Media:
Kedric Meredith
(312) 861-6034
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SOURCE JBT Corporation