Our ESG Framework

The food services industry has a significant environmental footprint. We seek to operate in a manner that considers and reduces our impact throughout our value chain. This includes sourcing, processing, transportation and distribution.

Remuneration supporting ESG

The successful implementation of our ESG Framework relies on all employees delivering on its objectives and targets. The Group has non-financial performance KPIs for executive and senior management remuneration incentives, including transformation, health and safety and the overall delivery of the five-year sustainability plan, which was launched in 2022.

ESG governance

The Social and Ethics Committee is responsible for reviewing performance against our ESG Framework. They are supported by our Social and Ethics Working Group. The Audit and Risk Committee oversees our ESG-related risks.

SDG selection

“ The SDGs support Famous Brands in aligning our practices with global goals addressing social, economic and environmental issues. By integrating the SDGs into our ESG Framework, we position ourselves for long-term sustainability. “

The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, provided a shared blueprint for peace and prosperity for people and the planet. At its heart are the 17 SDGs, which call on countries to end poverty and inequality, improve the overall wellbeing of humanity while addressing climate change and preserving our natural environment.

The private sector plays a crucial role in addressing major global challenges. We contribute to the SDGs through responsible business practices, reducing our environmental footprint, providing economic development opportunities, and supporting our employees and communities.

Reviewing our SDGs

In 2020, we committed to contributing to the five SDGs and defined their accompanying targets and sustainability KPIs. In 2023, we began reporting against these targets.

In August 2023, we commissioned a consultancy to review our selected five SDGs and reaffirm whether these were aligned with our business. The review proposed that Famous Brands adopt three additional SDGs and remove two SDGs. In addition, SDGs are now categorised as primary or secondary goals. In May 2024, the Social and Ethics Committee approved the revised SDG selection, SDG targets and sustainability KPIs.

Primary goals

What we must achieve to support our vision

These refer to those SDGs that are strongly aligned with the Group’s core business and vision.

Secondary goals

How we operate as a good corporate citizen

These relate to important activities to meet our societal obligations but are not related to core business activities.