JBT Releases 2023 Environmental, Social, and Governance (ESG) Report
July 02 2024 - 9:00AM
Business Wire
JBT Corporation (NYSE: JBT), a leading global technology
solutions provider to high-value segments of the food and beverage
industry, today published its 2023 Environmental, Social,
Governance (ESG) Report, “Fortify the Future of Food.” The report
details key accomplishments resulting from JBT’s strategic focus on
prioritizing employee health and safety, fostering a diverse and
inclusive culture, and partnering with customers to optimize
resources.
“Our world is ever-changing, and the demand for a resilient
global food supply is greater than ever,” said Brian Deck,
President and Chief Executive Officer. “At JBT, we recognize this
urgent need. Our purpose is clear: ‘Fortify the Future of Food.’ By
providing innovative customer solutions, we foster a more
resilient, sustainable, and equitable food system. With our
purpose-driven and dedicated workforce, we are committed to
advancing our sustainability journey to achieve a better
tomorrow.”
JBT’s annual ESG report is brought to life through its Elevate
2.0 strategy for technology-driven growth that focuses on
innovating with impact and driving sustainable solutions through
three key pillars:
- Customer Solutions: JBT collaborates with customers
globally to optimize food and beverage production. In 2023, over
70% of JBT’s product revenue came from equipment with environmental
benefits. JBT helps customers improve food quality and safety,
reduce food and packaging waste, extend shelf life, decrease
emissions, and increase yields. This includes JBT’s OmniBlu™
platform that combines best-in-class service, parts availability,
and machine optimization, and leverages machine learning,
predictive analytics, artificial intelligence and other digital
tools to offer actionable insights for production efficiency and
sustainability related data collection.
- People & Communities: JBT is dedicated to empowering
its talented global workforce of over 5,100 employees and investing
in a workplace focused on Diversity, Equity, Inclusion, and
Belonging (DEIB). The company received recognition by a leading
benchmarking publication for supporting women and promoting a
diverse, inclusive culture. In addition to JBT’s Women’s Employee
Network and Black Empowerment Support Team, the company introduced
a new Employee Network Community (ENC) for military veterans. These
ENC’s provide supportive spaces for underrepresented groups to
share experiences, foster professional development, and contribute
to an inclusive culture.
- Responsible Operations: JBT operates its facilities with
a focus on optimizing energy, water, and resource use while
maintaining strict safety standards for its workforce. Based on
year-over-year global assessment of energy data collected from 36
sites as well as water data collected from 29 sites, JBT estimates
that its efforts resulted in an 11% reduction of total Scope 1 and
2 emissions and a 12% reduction in water withdrawal, respectively,
as compared to 2022. The company also diverted more than 8.4
million pounds from landfills and achieved a 69% landfill diversion
rate across its global operations.
At its core, JBT is a purpose-driven organization that
employees, customers, and other stakeholders value as a trusted
partner to provide transformative solutions and service and conduct
business in a way that is responsible and innovative. For more
information about JBT’s ESG efforts, please visit
https://www.jbtc.com/about-us/esg/.
About JBT
JBT Corporation (NYSE: JBT) is a leading global technology
solutions provider to high-value segments of the food &
beverage industry. JBT designs, produces, and services
sophisticated products and systems for a broad range of end
markets, generating roughly one-half of its annual revenue from
recurring parts, service, rebuilds, and leasing operations. JBT
Corporation employs approximately 5,100 people worldwide and
operates sales, service, manufacturing, and sourcing operations in
more than 25 countries. For more information, please visit
www.jbtc.com
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version on businesswire.com: https://www.businesswire.com/news/home/20240702564614/en/
Investors & Media: Kedric Meredith (312) 861-6034
kedric.meredith@jbtc.com Marlee Spangler (312) 861-5789
marlee.spangler@jbtc.com
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