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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Brambles Limited | ASX:BXB | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 14.43 | 14.39 | 14.44 | 0.00 | 01:00:00 |
The company continues to improve efficiencies and reduce environmental impacts through industry collaboration and an ambitious science-based decarbonization roadmap
Brambles, the global supply chain solutions company operating in approximately 60 countries through the CHEP brand, has released its annual Sustainability Review, which reports on its material Environmental, Social and Governance (ESG) issues and achievements for the financial year ending June 30, 2022.
Brambles’ 2025 Sustainability targets and ambition to ‘Pioneer Regenerative Supply Chains’ are based on a ‘Planet Positive, Business Positive and Communities Positive’ strategy. Two years into the program, Brambles’ Sustainability Review highlights tangible achievements1, which show great progress towards a regenerative future:
Brambles’ Chief Sustainability Officer, J.J. Freijo, said: “Two years ago, we started a new phase of our sustainability program, one based on an inspiring and challenging vision, to create a regenerative supply chain. Today, we can proudly announce that, step by step, this vision is becoming a reality. The regenerative ambition is now being adopted by a community of companies leading on sustainability, who recognize the need for a positive approach and believe that damage reduction is no longer enough.”
“In challenging times like these, the key to achieving a truly regenerative supply chain is integration. By working together with all the functions in our business, our suppliers and our customers, we have been able to remove barriers and improve agility, helping us to progress even further towards our 2025 targets. Therefore, it is essential that we keep putting sustainability on the agenda to create new value for our business and customers while protecting the planet.”
Brambles’ ‘share and reuse’ model already offers many environmental savings to customers' supply chains in comparison to single-use alternatives. In the last year, Brambles’ solutions have helped its customers achieve the following savings2:
Brambles is recognized as a global leader in sustainability
Brambles’ sustainability credentials and performance continue to be recognized as world leading. The Dow Jones Sustainability World Index ranked Brambles the second most sustainable company in its industry category, and Corporate Knights rated the company 10th in its Global 100 list of most sustainable corporations in the world. Moreover, MSCI awarded Brambles the maximum AAA rating in its ESG assessment and ranked the company in the top 8% of all companies assessed. Equally, the CDP gave the company a A- in its Forests submission.
The Group also achieved an overall A- rating in the Ellen MacArthur Foundation’s Circular Economy Assessment Tool, Circulytics, and was an inaugural recipient of the Terra Carta Seal, which recognizes global corporations that are demonstrating their commitment to the creation of genuinely sustainable markets.
Note to editors
Explore Brambles’ 2022 Sustainability Review on https://brambles.com/sustainability-review
Explore Brambles’ 2022 Annual Report
About Brambles Limited (ASX:BXB): Brambles helps move more goods to more people, in more places than any other organization on earth. Its pallets and containers form the invisible backbone of the global supply chain and the world’s biggest brands trust us to help them transport their goods more efficiently, sustainably and safely. As pioneers of the sharing economy, Brambles created one of the world's most sustainable logistics businesses through the share and reuse of its platforms under a model known as ‘pooling’. Brambles primarily serves the fast-moving consumer goods (e.g. dry food, grocery, and health and personal care), fresh produce, beverage, retail and general manufacturing industries. The Group employs approximately 12,000 people and owns approximately 360 million pallets and containers through a network of more than 750 service centers. Brambles operates in approximately 60 countries with its largest operations in North America and Western Europe. For further information, please visit www.brambles.com
1 Brambles uses the services of KPMG Limited to provide limited assurance on key elements of its Sustainability Review.
2 Equivalence provided by the United States Environmental Protection Agency.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221005005014/en/
Investors: Suk Hee Lee Director, Investor Relations +61 433 343 888 sukhee.lee@brambles.com
Media: Sarah Pellegrini Chief Communications Officer +61 429 819 005 sarah.pellegrini@brambles.com
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