Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Biodiversity
• Community Development
• Employee Well-being
• Supply Chain Sustainability

Environmental Achievements

• Reduced carbon footprint by 29% since 2013
• Launched "30BY30" Carbon Reduction program aiming for 30% reduction by 2030 (validated by SBTi)
• Reforestation of over 400 hectares
• Improved average yields by 7% (17% excluding Honduras) in the last 5 years through farm rejuvenation
• Less than 1% of bananas wasted from ripening and distribution operations
• Implementation of biodigester system for sustainable energy

Social Achievements

• Donated over ten million bananas to Feeding America in 2020
• Provided humanitarian aid (90 tons) and medical assistance after Hurricanes Eta and Iota
• Implemented Employees at the Centre program focusing on training, support, health, safety, and motivation
• Undertook a Child Rights Impact Assessment across 14 farms in 2017
• Environmental education programs for over 30,000 students and farmers

Governance Achievements

• First global fruit company to have its emissions reduction strategy validated by the Science Based Targets initiative (SBTi)

Climate Goals & Targets

Environmental Challenges

• Drier, hotter climate and more extreme weather events in growing areas
• Irregular rainfall patterns requiring irrigation in Costa Rica and Panama
• Rising temperatures, particularly impacting Guatemala and Honduras
• Devastating impact of Hurricanes Eta and Iota on Honduras and Guatemala
• Tropical Race 4 (TR4) disease threat

Mitigation Strategies

• Farm Rejuvenation and Reengineering program improving drainage systems and water efficiency
• Implementation of irrigation systems
• Humanitarian aid and disaster relief efforts
• Strict hygiene controls and training to prevent the spread of TR4
• Research into disease-resistant bananas

Supply Chain Management

Responsible Procurement

• Working with suppliers to develop carbon reduction strategies

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Irregular rainfall
• Rising temperatures

Reporting Standards

Frameworks Used: Science Based Targets initiative (SBTi)

Sustainable Products & Innovation

• Banana purée and flour

Awards & Recognition

• Blue Flag for Biodiversity (Nogal Reserve)

Environmental Metrics

ESG Focus Areas

• Sustainable farming
• Community well-being
• Tackling food waste
• Reducing carbon emissions
• Protecting biodiversity
• Finding a global solution for Banana Wilt Disease (TR4)

Environmental Achievements

• Reduced Scope 2 greenhouse gas emissions since 2019
• 60% reduction in pesticide application per hectare since 2015
• Less than 1.5% of bananas wasted during ripening, port, shipping, and distribution operations in 2023
• New biodiversity project launched in partnership with S Group to enhance connectivity of the Nogal Reserve in Costa Rica

Social Achievements

• All Chiquita employee wages are above the national benchmark published by the Global Living Wage Coalition
• 0.81% lost time rate for logistics function, well below the average of 4.6% for port operations
• 120,000 social media interactions for Small Changes, Big Difference breast cancer awareness campaign
• 5.5 million bananas donated to Feeding America in 2023
• 3,438 school packages donated in 2023

Governance Achievements

• Chiquita was the first global fruit company with SBTi-approved climate goals.
• Chiquita received Loblaw’s President’s Partner of the Year Award in 2024 for our Easy Vent boxes

Climate Goals & Targets

Environmental Challenges

• Average rainfall across operations fell by 16% between 2000 and 2020, increasing irrigation costs.
• Rising labor costs due to fewer people wanting to work in the sector and wage inflation.
• Spread of TR4 (Tropical Race 4) to three confirmed countries in Latin America.
• Social upheaval in several key banana-producing countries in Latin America.
• High banana loss/waste in supply chain (particularly in Panama due to sooty mold in 2022).

Mitigation Strategies

• Investment in soil health, biodiversity, and irrigation.
• Investments in research and development to find a global solution for TR4.
• Focus on training to improve plant care and reduce stem rejections (Panama).
• Partnership with The Banana Factory in the Netherlands to process otherwise wasted bananas.
• Easy Vent boxes to reduce waste in the supply chain.

Supply Chain Management

Supplier Audits: 45 out of 65 fruit suppliers hold GlobalG.A.P. certification; remaining 20 are organic-certified. Annual social responsibility checklist launched in 2024 for grower farms.

Responsible Procurement

• GlobalG.A.P. certification
• Rainforest Alliance certification
• Organic certification
• Social responsibility checklist

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (hurricanes Eta and Iota)
• Reduced rainfall

Transition Risks

• Increased costs for irrigation and soil health.
• Regulatory changes

Opportunities

• Development of energy-efficient products
• Carbon sequestration

Reporting Standards

Frameworks Used: GRI, SBTi

Certifications: SA8000, GlobalG.A.P., GlobalG.A.P. GRASP, SAI FSA, Rainforest Alliance

Sustainable Products & Innovation

• Yelloway One (TR4 and Black Sigatoka resistant banana variety)

Awards & Recognition

• Loblaw’s President’s Partner of the Year Award (2024)
• Multiple NC Awards in 2023 (Gold for Best Campaign, Best Print Campaign; Silver in Grand Prix)