Navigating Sustainable Development with Transparency: Jebsen Jessen Group Unveils 2022 Sustainability Report
- Written by Reporters
Jebsen & Jessen Group paves the way as the first organisation to utilise the UN-backed Family Business for Sustainable Development framework for measurement and reporting
SINGAPORE - Media OutReach - 27 November 2023 - Diversified industrial conglomerate Jebsen & Jessen Group has recently published its 2022 sustainability report, making them the first family business to utilise the Sustainability Indicators for Family Business (SIFB) for data gathering and reporting. The SIFB is a component of the first global framework, ‘Family Business for Sustainable Development’ (FBSD), jointly crafted by the Family Business Network (FBN) and the United Nations Conference on Trade and Development (UNCTAD).- Jebsen & Jessen’s group-wide sustainability strategy
- Following the FBSD framework and its five agendas, the report measures the programmes and initiatives the Group has put in place to enhance economic, environmental, social, institutional and family business sustainability.
- The Group’s sustainability principles stem from its commitment to Environment, Health & Safety (EHS) standards, with a dedicated EHS programme to attain and uphold globally recognised standards for environmental management and occupational health and safety.
- Jebsen & Jessen Group was the first industrial company in South East Asia to achieve 100% carbon neutrality in 2011 under their carbon reduction and offsetting programme.
- In 2021, Jebsen & Jessen Group offset 46,052 tonnes of greenhouse gas emissions through three climate protection projects proposed by South Pole – an accredited carbon offsetting organisation.
- To nurture the learning and development of 2,533 employees, the Group spent SGD378,457.30 and 33,362 hours on training in 2022.
- Jebsen & Jessen Packaging transitioned away from using fossil fuels with the installation of its biomass boiler project in Vietnam, reducing its carbon footprint by an estimated 11,440 tonnes a year.
- In the fight against ocean plastic waste and climate change, the Group subscribed to the Circulate Capital Ocean Fund I-B launched by Circulate Capital, an innovative investment firm, with an investment of SGD1,850,000 towards targeted innovations in circular materials and deep technology solutions to reducing plastic waste.
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Jebsen & Jessen Group
We are an ASEAN-focused industrial conglomerate with a diverse network of businesses spanning manufacturing, engineering, and distribution activities. The five core business units - Cable Technology, Ingredients, Life Sciences, Packaging and Technology - are present in nine countries and deliver through various locations across Australia, China, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. Our 11 manufacturing facilities are in Indonesia, Malaysia, Myanmar, Singapore and Vietnam. Our 2,800 people work as one to develop meaningful products and services for the 20,000 customers we serve. Jebsen & Jessen Group forms part of a global family enterprise that dates back to a trading partnership formed in Hong Kong in 1895. Beyond the region we are closely connected to a network of sister companies in Australia, Europe and Greater China. For more information, visit www.jjsea.com.
Source https://www.media-outreach.com/news/singapore/2023/11/27/263153/