JBT Releases 2023 Environmental, Social, and Governance (ESG) Report

CHICAGO (July 2, 2024) — 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