Creating Sustainable Compounding Results

JAB is committed to delivering superior long term compounding shareholder returns, which are fundamentally dependent on the health of the planet and people.

Through our Consumer Investment Philosophy and approach, we have a clear understanding of, and appreciation for, the next generation of consumers, combined with a strong focus on sustainability related matters. We fundamentally believe that taking a sustainable value creation approach to business pays off for our investors, capital partners, suppliers, consumers, and other stakeholders.

JAB Non-Financial Reporting

Our non-financial reporting on governance, people and planet can be found in our annual report:

JAB Annual Report 2024

As part of our annual integrated reporting, we undertook climate related risk and opportunity assessments in 2023 at the Consumer Portfolio company level, in line with TCFD s framework for investors as outlined in the UN Principles of Responsible Investment (PRI) Framework. The disclosure on Climate Risk Management can be found here:

Climate-related Disclosures 2023

Sustainability Reporting by Our Investments

As a long-term investor, we focus on sustainable value creation over time and measure our impact through a combination of financial and non-financial performance metrics.
We encourage both our public and private portfolio companies to report externally about their most material impacts to our stakeholder community from both a financial and non-financial performance point of view.

Public

Portfolio Company

Links

Private

Portfolio Company

Links

JAB Governance Framework and Policies

JAB is committed to operating with the highest standards of business ethics. In 2021, we became a member of the UN Global Compact (UNGC) and incorporated its Ten Principles into our strategy, policies, and procedures.

Our Governance Framework is intended to promote honest, ethical conduct and to ensure JAB s compliance with applicable laws, regulations, rules, and obligations. The Governance Framework s ultimate purpose is to provide an organizational and joint framework for monitoring, detecting and reporting any suspected non compliance. It further outlines JAB s approach to business ethics and how it addresses ethical risks in its day to day activities, including use of risk mitigating controls.

Governance Framework

The Governance Framework further ensures compliance with all JAB policies outlined within this section taking into account the nature and size of the activities of the business of JAB:

Code of Conduct

Supplier Code of Conduct

Anti Bribery and Anti Corruption Policy ("ABC Policy")

Anti-Money Laundering Policy ("AML Policy")

Environmental Policy and Environmental Management System Policy

Speaking Up - Whistleblower Policy

We have developed a Responsible Investment & Stewardship policy to provide further guidance on embedding sustainability in our investment practices.

Responsible Investment & Stewardship policy

Partnerships and Initiatives

UN Global Compact

In 2021, we became a member of the UN Global Compact (UNGC – the world’s largest corporate sustainability initiative) and incorporated its Ten Principles into our strategy, policies, and procedures.

UN Principles for Responsible Investment

We follow the UN’s six Principles for Responsible Investment (PRI) and have a fit-for-purpose lean governance structure for sustainable value creation.

PRI Data Portal

Sustainable Markets Initiative

As a supporter of the Sustainable Markets Initiative, JAB is joining the call to action for the private sector to put people, planet, and nature at the heart of global value creation.

sustainable-markets.org

Philanthropy

DKMS

DKMS is one of the most significant organizations in the world to fight blood cancer and blood disorders. JAB has been a long-standing supporter of this international non-profit and its life-saving mission, which to-date has given over 110,000 patients a second chance at life through stem cell transplants.

www.dkms.org

Natasha Allergy Research Foundation

The Natasha Allergy Research Foundation's vision is to eradicate allergic disease, starting with food allergy. JAB has been a proud supporter of NARF since the charity's inception in 2019.

www.narf.org.uk

The Pret Foundation

The Pret Foundation exists to make a difference to the lives of people affected by hunger, poverty, and homelessness.

www.pret.co.uk