The first Fyffes sustainability report has been published today and includes 13 ambitious goals to meet the Fyffes sustainability strategy, aligned with the UN Sustainable Development Goals. Included in these targets is the intention to differentiate in the tropical fresh produce sector by achieving the science-based target of the 1.5˚ Celsius scenario by 2025, representing a 25% reduction in CO2 eq./kg of fruit for Scope 1 and Scope 2 GHG respectively and a portion of Fyffes Scope 3 GHG emissions.

Fyffes' sustainability strategy has four areas of focus:

- Stewardship of the Planet;

- Healthy food for a healthy life;

- Enriching people's lives;

- Responsible Business Principles.

The focus areas and targets are aligned with eight UN Sustainable Development Goals: 2 Zero Hunger, 4 Quality Education, 5 Gender Equality, 6 Clean Water and Sanitation, 8 Decent Work and Economic Growth, 9 Industry, Innovation and infrastructure, 12 Responsible consumption and production and 13 Climate action. Additionally, in line with the UN Alliance for SDG 17 Goals, Fyffes plans to work with partner organizations to achieve its goals.

Speaking about the Fyffes sustainability report, Fyffes CEO Helge Sparsoe said: “I joined Fyffes in 2020 during one of the most challenging times in our company's proud 130-year history. I have been impressed by the resilience shown by our people who have continued to come to work every day to harvest, pack, transport and ripen our fruit so that it can be enjoyed around the world. In particular, I would like to mention the six goals that relate to our people and our producers. Our business is our people and taking care of our people, guaranteeing their well-being and safety is our priority ”.

Julie Cournoyer, Global Director of Sustainability, responsible for the Fyffes Sustainability Strategy, explained the following: “I am proud to present our first sustainability report, which highlights the progress and efforts made since we announced our Sustainability Strategy Global in 2018. I would like to emphasize the tremendous efforts of the Global Sustainability Steering Committee and many others in the company who have collaborated to implement our sustainability strategy. Recent global events have highlighted the growing need for companies to contribute to a sustainable future and I am confident that Fyffes is prepared to meet these challenges by committing to our sustainability goals. "

The full list of Fyffes goals is detailed below:

1. Reduce carbon emissions to achieve the science-based target according to the 1.5˚C scenario by 2025, representing a 25% reduction in CO2 eq./kg of fruit for Scope emissions 1 and 2, respectively, and a Scope 3 ratio for GHG emissions.

2. All packaging will be compostable, recyclable or reusable by 2025.

3. 100% of own operations have water management plans for 2025.

4. Reduce food loss by 80% in all operations by 2030.

5. Develop a new application for each of the main products by 2030.

6. Provide five million healthy meals to people in vulnerable groups by 2025 working with qualified partners.

7. Educate three million people on healthy eating habits and minimize food waste by 2025.

8. There will be no work-related deaths or serious work-related injuries by 2025.

9. 100% of Fyffes and supply chain workers will receive human rights training by 2030; 100% of managers and employees by 2025

10. 100% of the own facilities in Latin America will benefit from the Gender Equality Programs by 2025 and 50% of the suppliers by 2030

11. Eradicate the gender pay gap in operations by 2030.

12. 100% of Fyffes "neighboring" communities participate in socio-economic resilient community projects across the four community investment areas by 2030.

13. Improve the resilience of 2,000 smallholder farmers to climate change in key producer countries in Latin America with specific capacity development programs by 2030.

In addition to the goals outlined above, in the Enriching People's Lives focus area, Fyffes will identify all living wage gaps for operations and most vendors by 2022. Under Stewardship for the Planet, Fyffes will measure the continued reduction and replacement of agrochemicals with sustainable alternatives so that we can set a goal for 2024; define the land management framework and the goal for 2024; and conduct an assessment of the impact of climate change on 100% of the Fyffes supply chain. Under the Responsible Business Principles, the company is already meeting its pre-agreed targets set in 2019.

All of Fyffes' sustainability objectives can be found on page 28 of the sustainability report, which has been prepared in accordance with the GRI Standards - Primary Choice. The GRI content index can be found on the Fyffes website.

The Fyffes sustainability report refers to the 2019/2020 time period.

For more than 130 years, Fyffes has brought a selection of tropical products to countless millions of people around the world. It achieves the highest quality by fostering relationships with our growers, supporting our employees, and diligently serving every link in the chain: production, procurement, shipping, maturation, distribution, and marketing.

This approach has earned Fyffes leadership in multiple markets; today it is the largest importer of Fairtrade certified bananas in the world. We are also one of the largest importers of banana and pineapple in Europe and the largest importer of melon in North America. It became part of Sumitomo Corporation in 2017, advancing its leadership in the industry in a number of ways.