GlobalData offers a comprehensive analysis of Jollibee, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Jollibee’s ESG performance. GlobalData’s company profile on Jollibee offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Jollibee, a leading global food service company, is committed to reduce carbon emissions as part of its sustainability efforts. The company computes its Scope 1 and Scope 2 greenhouse gas (GHG) emissions across its manufacturing sites, main offices, and stores. In 2022, the company's scope 1 emissions reported were 46,295.9 tons of CO2e, while its scope 2 emissions were 440,564.15 tons CO2e. The company achieved a significant 21.5% reduction in its energy use ratio compared to the baseline set in 2020. This outcome underscores the effectiveness of initiatives focused on decreasing fuel and electricity consumption. Additionally, the company successfully avoided the release of 5,589 metric tons of greenhouse gas emissions into the atmosphere by adopting more efficient energy usage practices.
Jollibee has taken steps to reduce its emissions by monitoring and analyzing its emission trends to identify areas for improvement. The company has implemented strategies to manage environmental and social risks within its supply chain, including animal welfare. It is also focused on energy consumption and management, aiming to increase the percentage of renewable energy consumed. Additionally, Jollibee is actively managing its water consumption and wastewater management, waste management, and ensuring the health and safety of its customers.
The company's efforts to reduce emissions involve investments in renewable energy sources, energy-efficient technologies, and sustainable waste management practices. By prioritizing environmental sustainability, Jollibee aims to minimize its carbon footprint and contribute to a more sustainable future.
In conclusion, Jollibee is actively working towards reducing its carbon emissions. The company has implemented various measures to manage environmental and social risks, improve energy consumption and management, and ensure responsible water and waste management. By taking these steps and potentially making investments in emission reduction initiatives, Jollibee is actively working towards its sustainability goals.