Annual Report 2024

Jerónimo Martins Performance Indicators

ENVIRONMENT

Description of Jerónimo Martins Indicator Evidence Other standards

Number of locations with environmental certification for at least 70% of all distribution centres and industrial units (fresh pasta factory, central kitchens, soup factory, Terra Alegre dairy factory and packaging units), by 2026.

Pollution

2024-2026 commitments

UNGC 8
SDG 7, 12 & 13

Reduce energy consumption by 10% (in GJ per €1,000 of sales) by 2026, compared to 2021.

Energy consumption management

2024-2026 commitments

UNGC 7
SDG 7, 12 & 13

Reduce water withdrawal in Distribution activities by 10% (per €1,000 of sales), by 2026, compared to 2021.

Water consumption

2024-2026 commitments

UNGC 7
SDG 7, 12, 13 & 14

Reduce carbon emissions resulting from transporting goods to stores by 5% (in tonnes of CO2e per pallet transported) by 2026, compared to 2021.

Carbon footprint

2024-2026 commitments

UNGC 7
SDG 7, 12 & 13

Ensure an annual waste recovery rate of at least 85% of the volume of waste generated by 2026.

Of the energy consumed by Jerónimo Martins Companies operations. 46% comes from non-renewable sources.

Energy consumption management

2024-2026 commitments

UNGC 7, 8 & 9
SDG 7, 8, 12 & 13

Reduce the Group’s scopes 1 and 2 emissions. in absolute terms, by at least 10% by 2026, compared to 2021. This commitment is aligned with the science-based target for the near-term submitted by Jerónimo Martins to the Science Based Targets Initiative.

Climate change

2024-2026 commitments

UNGC 7
SDG 7, 12 & 13

Reach 60% renewable electricity consumption by 2030.

Carbon footprint

Long-term commitments

UNGC 7
SDG 7, 12 & 13

Reduce absolute GHG emissions (scopes 1 and 2) in 55% by 2033, compared to 2021. Target validated by the Science Based Targets Initiative.

Carbon footprint

2024-2026 commitments

UNGC 7
SDG 7, 12 & 13

Reduce absolute energy and industry scope 3 emissions in 33% by 2033, compared to 2021. Target validated by the Science Based Targets Initiative.

Carbon footprint

Long-term commitments

UNGC 7
SDG 7, 12 & 13

Reduce absolute Forest, Land and Agriculture emissions (scopes 1 and 3) in 39% by 2033, compared to 2021.

Carbon footprint

Long-term commitments

UNGC 7
SDG 7, 12 & 13

Engage, in the period 2024-2026, with at least 5 of the top 100 suppliers in terms of purchased goods in each company, to collaborate on the definition of strategies for the reduction of scope 3 emissions.

Collaboration with suppliers

2024-2026 commitments

UNGC 7
SDG 7, 12 & 13

Percentage of establishment that use low Global Warming Potential (GWP) gases or natural refrigerants in our refrigeration systems.

Management of refrigerant gases

UNGC 7
SDG 7, 12 & 13

Define and implement a mitigation and adaptation plan to improve the efficiency of water use and to manage its scarcity during low precipitation periods in JMA units, publicly disclosing its progress.

2024-2026 commitments

UNGC 7
SDG 7, 12, 13 & 14

In Colombia, Poland and Portugal support and/or implement, in the period 2024-2026, at least two nature conservation and biodiversity protection projects, aligned with the Kunmig-Montreal Global Diversity Framework, and disclose its results annually.

2024-2026 commitments

UNGC 8
SDG 14, 15 & 17

Calculation of avoided materials and other environmental benefits of packaging eco-design.

Materials used and resource outflows

2024-2026 commitments

SDG 12 & 13

Ensure that at least 25% of Private Brand products’ packaging is included in the Ecodesign project by 2026. considering the 2023 assortment.

SDG 12 & 13

Calculation of the amount of plastic in Private Brand packaging and other single-use plastics.

Materials used and resource outflows

2024-2026 commitments

SDG 12 & 13

Incorporate at least 25% of recycled plastic in packaging under our responsibility (private brand, service packaging, shopping bags, and pallet wrapping film) by 2025.

Materials used and resource outflows

2024-2026 commitments

SDG 12 & 13

Reduce specific plastic consumption by 10% (measured in tonnes of plastic packaging for every million euros in sales) by 2025, compared to 2018.

Materials used and resource outflows

2024-2026 commitments

SDG 12 & 13

Reduce by 15% the use of virgin plastic in Private Brand packaging, service packs, wrapping film and check-out bags compared to 2018.

Materials used and resource outflows

2024-2026 commitments

SDG 12 & 13

Eliminate problematic components (e.g. PVC, EPS and XPS) from Private Brand plastic packaging by 2025.

Materials used and resource outflows

2024-2026 commitments

SDG 12 & 13

Percentage of Private Brand plastic packaging that is 100% reusable or recyclable.

Materials used and resource outflows

2024-2026 commitments

SDG 12 & 13

Ensure an annual waste recovery rate of at least 85% of the volume of waste generated by 2026.

Materials used and resource outflows

2024-2026 commitments

SDG 12 & 13

Food waste generated in the Group’s operations (kg/t of product sold).

Fighting food waste

2024-2026 commitments

UNGC 7
SDG 2, 12 & 13

Limit annual food waste to 2.5% of total food sales (in tonnes), in 2024-2026 period.

Increase by 10% the amount of rescued food in own operations and in the supply-chain, namely through food donations, sales with a discount price of food products reaching the expiry date, recovery of non-graded food from farmers and leftovers from own operations and recovery of wasted food to animal feed and bio processing, by 2026, compared to 2023.

Fighting food waste

2024-2026 commitments

SDG 2, 12 & 13

Increase sales of Private Brand and/or perishable products and packaging with sustainability certification to at least 15% of the total sales of these product categories by 2026.

Actions towards our consumers

Product innovation

Certified ingredients, products and packaging

UNGC 8
SDG 12 & 13

Carry out at least 40 environmental audits every year on service providers.

Environmental audits

2024-2026 commitments

UNGC 8
SDG 12, 13 & 15

Calculation of consumption of deforestation commodities (palm oil, soy, paper and wood, and beef) in Private Brand and perishable products.

Fighting deforestation

2024-2026 commitments

UNGC 7, 8 & 9
SDG 12, 13 & 15

By 2025, ensure that palm oil, soy, paper and wood and beef in our Private Brand and perishable products are not associated with either deforestation or conversion of ecosystems (DCF – Deforestation and Conversion Free).

Continue to ensure that 100% of palm oil in Portugal and Poland is RSPO certified and progressively extend this commitment to palm oil derivatives. In Colombia, ensure compliance with the Colombian government’s “Acuerdo de Voluntades para la Deforestación Cero en la Cadena de Palma en Colombia” (Voluntary Agreement for Zero Deforestation in the Colombian Palm Oil Chain), guaranteeing that by 2026, the palm oil of Colombian origin used in Private Brands and perishable products is traceable to the farm where it was produced and is not associated with deforestation, and that 100% of palm oil of non-Colombian origin used in Private Brands and perishable products is certified by the RSPO.

By 2025, ensure that 100% of direct and indirect soy is traceable at least to the country of origin and that whenever it comes from an origin where the risk is not negligible, the soy is traced back to the municipality of origin and/or has sustainability certification (e.g. RTRS or Proterra).

Working with suppliers of Private Brand products and perishables to ensure that 95% of the virgin fibres used in our products and 80% of the virgin fibres used in our packaging are certified (FSC® or PEFC) by 2026.

Ensure that 100% of the beef in our Private Brand and perishable products is traceable at least to the country of origin. and that traceability to the farm of origin is guaranteed for all beef sourced from non-negligible risk countries.

Percentage of cage-free Private Brand fresh eggs.

Animal welfare

SDG 12

Percentage of eggs used as ingredients in Private Brand products from cage-free.

Animal welfare

SDG 12

Ensure compliance with the Group’s Sustainable Fishing Strategy.

Sustainable fishing strategy

SDG 12 & 14

By 2026, analyse the sustainability status of fish stocks for at least 80% of fish sales (in kg), from Private Brand and perishable products, and publicly disclose progress.

Sustainable fishing strategy

SDG 12 & 14

By 2026, ensure that 100% of wild-caught tuna in our Private Brand and perishable products is traceable to the vessel.

Sustainable fishing strategy

SDG 12 & 14

Ensure the annual application of the Sustainable Agriculture Manual in at least 60 new farms in Portugal, in the 2024-2026 period.

Supplier awareness and training

UNGC 7, 8 & 9
SDG 12, 13, 14 & 15

SOCIAL

Description of Jerónimo Martins Indicator Evidence Other standards

Number of Nutri-Score references, versus the total number of food product launches, in Portugal and Poland.

Product information

2024-2026 commitments

SDG 3 & 12

Number of Private Brand products/references as vegan, plant-based, low in carbohydrates, fat and salt, low/sugar-free, lactose-free, gluten-free and/or for consumers over 50 in Portugal, Poland and Colombia, compared to the previous year.

Product information

2024-2026 commitments

SDG 3, 10 & 12

In Colombia, ensure that 100% of Private Brand products do not contain artificial colours or flavours enhancers in their direct ingredients by 2026.

Product information

2024-2026 commitments

SDG 3 & 12

In all countries, ensure that products targeted for children have higher, or at least equal, nutritional profile than the benchmark (or best in class) according to the country of operation.

Reformulations

2024-2026 commitments

SDG 2, 3, 10 & 12

In Portugal ensure the use of voluntary “Without GMO” labelling for at least 75% of Private Brand food references containing mostly (>50%/net weight) potentially modified ingredients (soy and corn), helping consumers in the decision-making process.

Quality and safety

2024-2026 commitments

SDG 3 & 12

In Portugal, facilitate responsible consumption through voluntary labelling of alcoholic beverages (including wines) for 100% of Private Brand references. in the following areas: i) calorie intake; ii) not recommended for pregnant women; iii)promotion of responsible driving.

Engaging with consumers

2024-2026 commitments

SDG 3 & 12

In Hebe, reinforce the relevance of Private Brand alternatives without ingredients of animal origin, in particular by launching at least 10 new references a year.

Product innovation

2024-2026 commitments

SDG 3 & 12

In Hebe, reinforce the relevance of “Hebe Naturals” product range. which contain at least 92% natural ingredients in their formula (according to ISO 16128).

Product innovation

2024-2026 commitments

SDG 3 & 12

In Portugal, Poland and Colombia carry out at least one annual programme to promote the principles of the Mediterranean diet, in Portugal. or healthy eating habits in geographies with other diets (based on the recommendations of local experts).

Information in other media

2024-2026 commitments

SDG 3, 10 & 12

In all countries, promote literacy for product labelling.

Product information

2024-2026 commitments

SDG 3 & 12

In Portugal, ensure the Nutri-Score labelling is applied on 100% of Private Brand food launches.

Product information

2024-2026 commitments

SDG 3 & 12

In Poland, ensure the Nutri-Score labelling is applied on 100% of Private Brand food launches in selected categories.

Product information

2024-2026 commitments

SDG 3 & 12

In Colombia, ensure that 100% of Private Brand products do not contain, in their direct ingredients, artificial colorants or flavour enhancers until 2026.

Launches

Reformulations

2024-2026 commitments

SDG 3 & 12

In Poland, guarantee the absence of glucose-fructose syrup in at least 90% of Private Brand products by the end of 2026.

In Poland, 168 products were considered eligible. Of these, 146 were included in the removal of glucose-fructose syrup, corresponding to 87 per cent of Private Brand products (+3 p.p. vs. 2023).

SDG 3 & 12

In Poland, remove soy lecithin in at least 50% of Private Brand products with that ingredient until the end of 2026.

2024-2026 commitments

SDG 3 & 12

In Poland and in Portugal, ensure whenever possible, by the end of 2026, that wholegrains are the main ingredient in breakfast cereals (with the exception of corn-based cereals).

Reformulations

2024-2026 commitments

SDG 3 & 12

In Portugal, guarantee the enrichment of essential minerals and vitamins in the best-selling Private Brand products that aim to complement the main sources of food until the end of 2026.

Reformulations

2024-2026 commitments

SDG 3 & 12

Ensure that, by 2026, 100% of our Private Brand food portfolio does not contain acesulfame and develop alternatives, together with suppliers, to replace aspartame for natural sweeteners.

Reformulations

2024-2026 commitments

SDG 3 & 12

In Portugal and Poland, reinforce the relevance of the offer of Private Brand cosmetic products without ingredients of animal origin for consumers with specific preferences.

Launches

Reformulations

2024-2026 commitments

SDG 3 & 12

In Biedronka, ensure that at least 95% of the Private Brand regular assortment of personal hygiene products is microplastic-free.

2024-2026 commitments

SDG 3 & 12

In Portugal and Poland, reinforce the relevance of the offer of Private Brand cosmetic products containing at least 90% of natural ingredients in their composition (in line with ISO 16128).

2024-2026 commitments

SDG 3 & 12

In Biedronka develop Private Brand detergents that have. Simultaneously, natural fragrances in their ingredients. are preservatives-free and are Ecolabel certified.

2024-2026 commitments

SDG 3 & 12

In Biedronka, introduce the ‘Eat fish twice a week’ labelling for 100% of fresh fish references in selected processed Private Brand references and specialized perishables by 2026.

Product information

2024-2026 commitments

SDG 12

Seek to ensure, on an annual basis that the number of recalls of food products with potential risk to public health (level I severity), the cause of which is attributable to the Jerónimo Martins Companies, is zero. In the event of the occurrence of cases of level I severity, and in line with Jerónimo Martins’ Product Quality and Safety Policy, ensure by all available means that the collection of food products in stores and Distribution Centres is 100% effective.

Actions towards our consumers

Food recalls and withdrawals

2024-2026 commitments

SDG 3 & 12

In Poland, maintaining the number of ISO 22000-certified locations (17 distribution centers in 2024) and ensuring that the new Distribution Centres to be opened in the 2024-2026 period are certified within two years of starting operations.

Actions towards our consumers

Internal audits of stores and distribution centers

2024-2026 commitments

SDG 3 & 12

In Biedronka, ensure the extension of product guarantee from 2 to 3 years for all electric and additional non-electric non-food products where applicable.

Certified ingredients, products and packaging

2024-2026 commitments

SDG 12

Monitoring and disclosure of at least 70% (in value) of the social impacts resulting from the annual support offered by all Jerónimo Martins Companies, according to the Business for Societal Impact (B4SI) model and aligned with criteria for the financial materiality.

Direct support

Supporting programmes and projects

Indirect support

2024-2026 commitments

SDG 2, 3, 4, 10 & 17

Strengthen the involvement in social projects in all geographies, targeted to children. youngsters and elderly people from vulnerable environments, aiming to directly impact 1 million people per year, until 2026.

Direct support

Supporting programmes and projects

Indirect support

2024-2026 commitments

SDG 1, 2 & 3

By 2026 in Colombia, ensure that 50% of stores donate food and non-food products to non-governmental organizations, with the aim of supporting vulnerable people.

Direct support

Supporting programmes and projects

Indirect support

2024-2026 commitments

SDG 1 & 2

In Colombia, ensure support until 2026, to more than 1,200 community mothers’ houses through food and equipment assistance, while simultaneously following-up on nutritional indicators of children under their care. such as anthropometric measures.

Direct support

Supporting programmes and projects

Indirect support

2024-2026 commitments

SDG 1, 2 & 3

In Colombia, ensure at least 200 volunteers participate on environmental protection initiatives and livelihood improvement projects for vulnerable people by 2026.​

Volunteering

2024-2026 commitments

SDG 1 & 2

In Colombia, support more than 60,000 people by 2026 in context of vulnerable conditions through humanitarian and livelihood programs, namely with food, prioritizing children and regions with the highest poverty rate and higher food insecurity indicators, by ensuring at least two partnerships with NGOs and/or other industry leaders.

How we dialogue with affected communities

2024-2026 commitments

SDG 1, 2 & 17

Training employees in food hygiene and safety.

Health and safety at work

Food quality and safety internal training

SDG 3 & 12

Internships in a real work context.

In 2024 we had 451 internships in real work contexts.

SDG 8, 10 & 17

Young talent programs.

Leadership development

SDG 8 & 10

Promoted employees.

Leadership development

SDG 8 & 10

Internally mobile employees.

Leadership development

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Employees covered by training.

Training

SDG 8 & 10

Investment in training.

Training

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Internal Social Responsibility Measures.

Support to employees and their families

SDG 1, 2, 3, 4, 8, 10 & 17

Investment in Internal Social Responsibility measures.

Support to employees and their families

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Human Resources Policies.

Our social-related policies

UNGC 6
SDG 5, 8 & 10

Training in human and labour rights policies and practices.

The Group provides training on this subject within the scope of the Code of Conduct and applicable labour legislation.

Ethics and compliance

UNGC 1

Nationalities of employees.

Our employees

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Active generations.

Our employees

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12-month employee retention.

Our employees

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Average seniority of employees.

Our employees

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Differentiation between national minimum wage and monthly minimum income.

Compensation and benefits

SDG 1 & 8

% women in engineering and research and development (R&D) roles

34.6%

SDG 5 & 10

% women in information technology (IT) roles

19.9%

SDG 5 & 10

Number of people with disabilities.

Diversity and inclusion

SDG 10 & 17

Resolution mechanisms.

Ethics and compliance

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Operations subject to human rights assessments.

Ethics and compliance

UNGC 1

Significant investment agreements and contracts with human rights clauses.

Contracts signed with new suppliers imply knowledge of and adherence to the Jerónimo Martins Group Supplier Code of Conduct.

Our policies

Our social-related policies

UNGC 1 & 2

GOVERNANCE

Description of Jerónimo Martins Indicator Evidence Other standards

Guarantee that at least 80% of the Jerónimo Martins Group’s purchases of food products are sourced from local suppliers.

Selection and monitoring of suppliers

2024-2026 commitments

UNGC 8
SDG 12 & 13

Carry out environmental audits to at least 20% of selected Private Brand and perishables suppliers, based on a risk assessment and with a purchase volume greater than one million euros, in the 2024-2026 period.

Engaging with local suppliers

2024-2026 commitments

SDG 1, 2, & 3

In Poland, carry out inspections to 100% of egg farming units from which Private Brand fresh eggs are produced for Biedronka, until the end of 2024.

Selection and monitoring of suppliers

2024-2026 commitments

SDG 12

In Portugal and Poland, ensure, by 2026. that animal welfare topics are included in the scope of audits to perishable suppliers who manufacture products containing at least 80% animal protein, and publicly disclose the results.

Selection and monitoring of suppliers

2024-2026 commitments

SDG 12

In Poland, starting from 2024, carry out 100% of fresh fish from aquaculture audits according to the “Fish Welfare” standard.

Selection and monitoring of suppliers

2024-2026 commitments

SDG 12

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Results