The future of our planet depends on transitioning to a circular model.
In today’s world, stakeholders are demanding greater corporate responsibility and sustainable practices. As industry leaders, we’re not just responding to this call; we’re setting the pace. In the spirit of the circular economy, economic sustainability emphasizes not only the circulation of supply chains but also the importance of industrial innovation, responsible consumption and production practices. In this model, waste is virtually eliminated, as the materials we utilize can be recycled an infinite number of times. This commitment to sustainability sets us apart in our industry; no other company operates quite like we do.
Our 2025 Thriving in the Circular Economy strategy outlines our vision for the future, with ambitious targets designed to transform our Environmental, Social and Governance (ESG) performance. This approach focuses on seizing opportunities and inspiring industry-wide change. As part of this vision, we are committed to improving the environmental sustainability of the fresh grocery supply chain and asking critical questions about our carbon emissions, water usage and resource management.
Looking ahead, we are building on this progress to refresh and launch our new ESG strategy in 2025. This forward-looking approach will continue to foster transformation and innovation. As we advance our strategy, we will remain defined by responsibility, resilience and profitability, with an unwavering dedication to the wellbeing of our workforce, our communities and our planet.
Eliminating packaging and food waste in the fresh grocery supply chain, enhancing efficiencies across the value chain and sharing the resulting long-term value with all our stakeholders.
Our Environmental, Social and Governance (ESG) Report is a reflection of our ongoing commitment to transparency, sustainability and responsible growth. This report provides a comprehensive overview of our business, detailing our environmental and social impact for the period from July 1, 2023, to June 30, 2024.
To ensure we continue to address the most relevant ESG issues, in FY24 we conducted a new double materiality assessment in preparation for the upcoming Corporate Sustainability Reporting Directive (CSRD) and the launch of our new strategy next year.
This assessment will help us align our future reporting with the evolving regulatory landscape and refresh our strategic objectives. In this report, however, we continue addressing the material issues identified in 2021, ensuring continuity and effectively managing previous priorities while setting the stage for integrating new insights and requirements in the coming years.
Our commitment to the highest standards of corporate reporting is reflected in the preparation of this report, which adheres to the following key frameworks:
IFCO is a signatory to the United Nations Global Compact (UN Global Compact) corporate responsibility initiative and its Ten Principles in the areas of human rights, labor, environment and anti-corruption. We are also dedicated to supporting the 17 UN Sustainable Development Goals (SDGs) through our ESG strategy.
Additionally, our science-based emissions-reduction targets have been validated, underscoring our dedication to credible and impactful sustainability practices. By aligning with internationally recognized standards, we aim to provide a transparent and comparable account of our performance.
IFCO’s sustainability goals
Процветающий бизнес
Повышение экологической эффективности цепочки поставок свежих продуктов для наших клиентов
Процветающая планета
Достичь нулевого уровня выбросов и отходов к 2040 году
Процветающее общество
Создать все условия для того, чтобы к 2025 году 40% руководящих должностей занимали женщины
For us, living our values means putting our purpose into action every day. It means finding new ways to thrive, to be a better, more responsible business.
That’s why we’ve put together an ambitious ESG strategy focusing on business, planet and society to set the new industry standard and provide a solid foundation for a thriving world.
VP ESG & Strategic Marketing at IFCO