JBS ANNUAL AND SUSTAINABILITY REPORT 2018
This month, JBS published the “JBS Annual and Sustainability Report 2018“. The report, a tool the Company uses to promote transparency, presents last year’s accounts with information on its financial, social and environmental performance and details its best management, governance and environmental practices, as well as the 2018 business structure.
The report is divided in four chapters: Our Business, detailing the Company’s management, governance, ethics and compliance, risk management and value creation model; Our People, which covers the company’s relationship with its staff and the communities where it operates; Our Sustainability, presenting the management approach and results in five areas that are critical for business sustainability: employee health and safety, animal welfare, water management, product integrity and climate change; and Our Performance, reporting JBS’s financial results and awards received in 2018.
The figures in this report and the Company’s achievements in 2018 show how successful a year it was. JBS invested over R$ 900 million in team members safety; food quality and safety; energy efficiency projects; improving animal welfare; waste treatment and water management and reuse in Company units across the world and other global initiatives.
According to the Global Compliance Department’s “Always Do the Right Thing” program, 99% of the Company’s team members have received ethics and compliance training.
Among other initiatives, JBS created the Global Innovation Team (GIT) to increase transnational information sharing and exchange programs and create a global innovation platform.
The Annual Report also includes an overview of the Company’s strategy after another year of robust operational results in another record-setting year, with net revenues of R$ 181 billion, as well as other figures that demonstrate strong value generation for the its stakeholders.
The report was produced in line with universal, standardized guidelines proposed by the Global Reporting Initiative (GRI), providing financial statements that comply with the financial reporting standards (IFRS) issued by the International Accounting Standards Board (IASB) and audited by international auditors Grant Thornton Auditores Independentes.