- Unprecedented sharp volatility in cocoa bean prices (increased from USD2,400/MT to USD4,800/MT)
- Decrease in gross exports of cocoa beans from West Africa due to adverse weather and disease
- Increased finance costs due to higher cocoa bean prices, higher interest rates, and additional financing costs for Ivory Coast factory construction
JB Foods Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, JB Foods Limited disclosed greenhouse gas emissions of 60.8K tonnes CO2e. By scope: Scope 1: 19.2K tonnes CO2e; Scope 2: 41.1K tonnes CO2e; Scope 3: 584 tonnes CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
60.8K tonnes CO2e
2023
Renewable Energy
3%
of total energy
Water Usage
338.8K m3
2023
Waste
17.7K tons
2023
Energy Use
485.3K GJ
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 19.2K tonnes CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 41.1K tonnes CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 584 tonnes CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 60.8K tonnes CO2e |
| 2022 | 56.7K tonnes CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Water consumption intensity reduced from 2.12 m3/MT of cocoa bean processed to 2.03 m3/MT
- 100% of wastewater treated to remove pollutants before release
- 91% of steam consumed in Malaysia factory produced by biomass boiler (converting cocoa shells to renewable energy)
- Solar PV generated 1,145,256 kWh, contributing to approximately 3% of electricity consumed in Malaysia factory
- Reduced GHG emissions intensity from 0.37 tonnes CO2e/MT to 0.35 tonnes CO2e/MT
🎯 Climate & Sustainability Targets
🔜 Short-term
- Maintain or improve economic value generated
- Achieve positive rating from at least 90% of surveyed customers
- Initiate or continue sustainable supply chain practices
- Maintain zero product return due to food safety issues
📅 Medium-term
- Reduce Scope 1 and 2 GHG emissions intensity by 15% by 2035
- Minimise waste generated
- Improve employee retention rate
- Maintain or improve training hours for employees
- Maintain or improve percentage of employees who received regular performance and career development reviews
🔭 Long-term
- Achieve zero deforestation and protect biodiversity
- Reduce recordable work-related injuries
- Maintain zero workplace fatalities, high-consequence work-related injuries, and recordable work-related ill health cases
- Maintain zero incidents of corruption
- Maintain zero incidents of cyber security breach
🌱 ESG Focus Areas
Food Safety, Product Quality and NutritionCustomer SatisfactionSustainable ManufacturingWater StewardshipEnergy Consumption, Climate Change and GHG EmissionsTraceability and Sustainable Supply Chain PracticesWaste Management and OptimisationDeforestation and BiodiversitySafe Work and Well-BeingTalent DevelopmentHuman Rights, Workplace Diversity and Labour StandardsCommunity DevelopmentEthics and IntegrityCyber Security and Data ProtectionBusiness Development and Expansion