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European Climate Pact
private sectorJerónimo Martins SGPS SA

Jerónimo Martins SGPS SA

Overview

Location

Portugal

Sector

Wholesale and retail trade

Organisation type
Business

Company Information

Jerónimo Martins SGPS SA operates in the food distribution and specialised retail sectors. It is publicly listed and headquartered in Lisboa, Portugal. Its portfolio also includes an agribusiness division for intra-group supply of dairy products, meat and farmed fish. In 2021, the group reported a total of 123,458 employees and a sales revenue of 20.9 billion Euro.*

*Source

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Jerónimo Martins SGPS SA has a target to reduce intensity of scopes 1 and 2 CO2e emissions 40% per unit revenue by 2023 from a base year of 2017

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an internal price on carbon 
     
  • Have an initiative in place to drive GHG emissions reduction focusing on fugitive emissions reductions
  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy generation
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

 

Forests

North Star

  • Jerónimo Martins SGPS SA have a public no deforestation (forests-related) commitment that is set to be completed within the timeframe 2026-2030 with a cut-off date of 2010. The commitment covers 100% of Timber products production and consumption and applies to their direct operations and supply chain. It is FPIC-based (Free, Prior and Informed Consent of indigenous people).
  • Jerónimo Martins SGPS SA have a public no deforestation (forests-related) commitment that is set to be completed within the timeframe 2021-25 with a cut-off date of 2005. The commitment covers 100% of Palm oil production and consumption and applies to their direct operations and supply chain. It is FPIC-based (Free, Prior and Informed Consent of indigenous people).
  • Jerónimo Martins SGPS SA have a public no deforestation (forests-related) commitment that is set to be completed within the timeframe 2021-25 with a cut-off date of 2008. The commitment covers 100% of Cattle products production and consumption and applies to their direct operations and supply chain. It is FPIC-based (Free, Prior and Informed Consent of indigenous people).
  • Jerónimo Martins SGPS SA have a public no deforestation (forests-related) commitment that is set to be completed within the timeframe 2026-2030 with a cut-off date of 2006. The commitment covers 100% of Soy production and consumption and applies to their direct operations and supply chain. It is FPIC-based (Free, Prior and Informed Consent of indigenous people).

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Forests 2022

How we want to achieve this – our roadmap

  • Commit to zero gross deforestation
  • Set a quantifiable target for increasing the sustainable production and/or consumption of disclosed commodities as share of total
  • Participate in jurisdictional approaches to promote the implementation of forests-related policies and commitments
  • Support or implement projects focused on ecosystem restoration and protection beyond no deforestation
  • Work with direct suppliers to support and improve their capacity to comply with our forests-related commitments, policies, and other requirements
  • Publicly disclose data on forest-related impact to investors through a public platform
  • Have a publicly available forest policy, with well-defined goals and targets, that is used to inform internal decision-making
  • Have board-level oversight of forests-related issues
  • Have forests issues be fully integrated in all parts of long-term strategic business plans
  • Assess company and suppliers' compliance with forests regulations and/or mandatory standards when sourcing commodities from regions with high deforestation risk 
  • Have a no-deforestation policy that checks the following criteria: general or commodity-specific, publicly available, and company-wide
  • Have a system to control, monitor, and verify compliance with no-deforestation policies/commitments that covers all relevant operations and supply chains and shows more than 90% of total volume in compliance

    MRV: Pact MRV in place

    Status date: Submitted (29/07/2022)

    Data source: CDP Forests 2022

     

    Water

    Our actions – the Pathway

    • Engage our suppliers to report on their water use, risks and/or management information
    • Publicly disclose data on water-related impact to investors through a public platform
    • Integrate water-related issues into the company's financial planning
    • Integrate water-related issues into the company's long-term business objectives
    • Integrate water-related issues into the company's strategy to achieve long-term business objectives
    • Regularly monitor and measure key water security metrics at least for 75% of the company's facilities

    MRV: Pact MRV in place

    Status date: Submitted (28/07/2022)

    Data source: CDP Water 2022

     

    Governance & Strategy

    North Star

    • Jerónimo Martins SGPS SA have a publicly available 1.5°C aligned low-carbon transition plan

    MRV: Pact MRV in place

    Status date: Submitted (29/07/2022)

    Data source: CDP Climate Change 2022

    How we want to achieve this – our roadmap

    • Publicly disclose climate and environmental data to investors and customers through a public platform
    • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
    • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

    MRV: Pact MRV in place

    Status date: Submitted (29/07/2022)

    Data source: CDP Climate Change 2022

     

    Buildings

    Our actions – the Pathway

    • Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings

        MRV: Pact MRV in place

        Status date: Submitted (29/07/2022)

        Data source: CDP Climate Change 2022

         

        Value chain engagement

        Our actions – the Pathway

        • Have a supplier/customer engagement strategy to drive best practices in tackling environmental and climate-related issues

        MRV: Pact MRV in place

        Status date: Submitted (29/07/2022)

        Data source: CDP Climate Change 2022