Sydney, Australia - October 16th, 2017 - Brambles, the global supply-chain logistics company operating in more than 60 countries, primarily through the CHEP and IFCO brands, has published its? Sustainability Review for the 2017 Financial Year (FY17). The Review includes updates on CHEP and IFCO's sustainability program and its progress towards its? 2020 Sustainability Goals. These goals are based on the company's Better Business, Better Planet, Better Communities, sustainability program and are closely aligned with the? United Nations' Sustainable Development Goals (SDGs).
Examples of Brambles' achievements reported in the 2017 Sustainability Review include:
• Better Business - Making customers' supply chains more efficient and investing in a safe, inclusive work environment where our employees can develop.
Brambles operates a circular business model, specializing in the sharing and reuse of unit load equipment including more than 590 million pallets, crates and containers. In FY17 customers' use of CHEP and IFCO platforms saved 1.6 million trees, 2.5 million metric tonnes of CO2 emissions and 1.4 million metric tonnes of solid waste. Brambles also initiated transport collaboration projects with over 200 customers to remove 64.7 million empty truck kilometers (more than 40 million miles) from the world's supply chains.
These achievements have been recognized through multiple industry awards, including a? Gold award from EcoVadis which specializes in supplier sustainability analysis. Brambles has also been ranked top of its industry category on the? World Dow Jones Sustainability Index (DJSI) and received AAA ratings from the Morgan Stanley Capital International (MSCI) and Sustainalytics indices.
To create a Better Workplace, Brambles is committed to achieving its goal of Zero Harm. The company made another large step towards that goal with both the CHEP and IFCO business units improving their safety performance in FY17. The financial year also saw a 78% increase in learning hours, with employees completing 1.73 days' worth of training each on average.
• Better Planet - Reducing the environmental impact of Brambles' own operations.
In FY17 99.1% of the timber used by CHEP came from certified sources. Brambles also eliminated plastic waste and raw material costs by recycling 22,600 tonnes of end-of-life plastic materials into new CHEP plastic pallets and IFCO reusable plastic crates. Brambles operations also achieved a 7.8% reduction in carbon emissions per unit, and 14.3% of the electricity it consumed came from renewable sources.
• Better Communities - Positively contributing to the communities in which Brambles operates.
Brambles supports food rescue organizations, educational opportunity and environmental restoration projects by providing volunteers, corporate sponsorship and in-kind donations. All permanent Brambles, IFCO and CHEP employees have access to three days of paid volunteer leave every year. In total, Brambles' FY17 community investments were worth over $4,376,000, a 44% increase from FY16.
Brambles' Head of Global Sustainability, Juan Jose Freijo, said, "This has been another fantastic year for sustainability at Brambles in which we have continued our excellent progress towards our 2020 goals. These achievements are only possible thanks to the end-to-end collaboration between our employees and our customers worldwide".
"Our commitment to sustainability is at the very heart of everything we do. Through the successful combination of our circular, 'share and reuse' business model, global scale and supply chain expertise, we are able to reduce operating costs and demand for natural resources, both in our own company and across the world's supply chains."
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Brambles Limited (ASX: BXB) is a supply-chain logistics company operating primarily through the CHEP and IFCO brands. Brambles enhances performance for customers by helping them transport goods through their supply chains more efficiently, sustainably and safely. The Group's primary activity is the provision of reusable unit-load equipment such as pallets, crates and containers for shared use by multiple participants throughout the supply chain, 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, counting many of the world's best-known brands among its customers. The Group also operates specialist container logistics business serving the automotive sector. Brambles operates in more than 60 countries, with its largest operations in North America and Western Europe. Brambles employs approximately 12,500 people and owns approximately 300 million pallets, crates and containers through a network of more than 850 service centers. For further information, please visit: www.brambles.com
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