Our Approach

We start with governance and address people and the planet with a focus on specific issues tailored to each investment

JAB 2023 Responsible & Sustainable Investing Report

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

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Private

Portfolio Company

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JAB Governance

JAB Holding Company has four statutory Managers, including the CEO and CFO, and has implemented a governance framework for strategy, finance, risk and compliance, remuneration, and responsible & sustainable investing. This framework is overseen by the JAB Board. The Chairman and CEO are each members of the JAB Board. The Managing Partners jointly constitute the Investment Committee. The Investment Committee obtains independent advice from our Senior Investment Advisor as well as two globally recognized Senior Advisors who have extensive expertise on strategy and governance matters.

Our Senior Advisors

JAB partners with three globally recognized Senior Advisors, Olivier Goudet, Antonio Weiss and Bertrand Badré, who provide us with advice on investments and various governance and strategy matters, which are within their respective areas of expertise including business development, mergers and acquisitions, and Responsible & Sustainable Investing matters. At JAB, we highly value independent advice as it provides us with a fresh perspective on where we stand, our intentions, and our journey.

Olivier Goudet

Senior Investment Advisor

Mr Goudet became Senior Investment Advisor in January 2024 after having been JAB’s CEO for over 12 years. During his time as CEO, he led JAB’s strategic transformation, nearly tripling the investment firm’s equity as it built leading investment platforms across the coffee & beverages, petcare, fast-casual restaurants, indulgence, and beauty & luxury sectors. Of note, Mr Goudet introduced JAB’s coffee and beverage strategy, resulting in the formation of JDE Peet’s and the creation of Keurig Dr Pepper. He was also the architect of the veterinary care and pet insurance strategies. Mr. Goudet remains personally invested in JAB and continues to support the success of JAB as a trusted senior investment advisor.

Antonio Weiss

Senior Advisor

Mr Weiss has advised JAB since its formation as a global investment firm in 2012. His work spans business strategy and public policy. He is a research fellow at Harvard Kennedy School's Mossavar-Rahmani Center for Business and Government. From 2014 to 2017, he served as Counselor to the Secretary of the U.S. Treasury, where he oversaw the domestic finance department.
Prior to this, he held various leadership roles at Lazard over twenty years in the US and Europe, including as Global Head of Investment Banking from 2009 to 2014.

Bertrand Badré

Senior Advisor

Mr Badré is the founder and CEO of Blue like an Orange Sustainable Capital, an investment Company that manages investments for social and environmental impact to foster inclusive and sustainable growth and reduce risk. Mr Badre also serves as a guarantor to the 'One Planet Lab' initiative.
Previously, he served as Managing Director and CFO of the World Bank Group, Group CFO of both Société Genérale and Credit Agricole, Partner at Lazard, and was an advisor to previous French President Jacques Chirac's diplomatic team.

JAB Governance Framework and Policies

Business ethics are fundamental to the way in which JAB operates. 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. This serves to prevent regulatory agency enforcement action, civil penalties, or criminal sanctions. With this Governance Framework, JAB intends to increase employees’ professional competence with regards to compliance and business ethical matters.

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")

Human Capital Policy

Environmental Policy and Environmental Management System Policy

Speaking Up - Whistleblower Policy

UK Tax Strategy

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

Responsible Investment & Stewardship policy

Our Sustainability Linked Bond Framework, which has been reviewed by Sustainalytics, outlines our commitments with regards to Sustainability-Linked Financing.

Sustainability Linked Bond Framework

Review by Sustainalytics