Integrated Report

Overview

The report describes Bel's 2022 expansion through completion of the MOM acquisition, a 70% stake in Shandong Junjun Cheese in China, and a joint venture with Britannia in India. It reports revenue of €3,595.3 million and organic growth of 13.2%. Bel strengthened its climate commitment with a 25% reduction in value-chain GHG emissions by 2035 versus 2017, with the goal endorsed by the SBTi. It also launched a sustainability-linked financing framework and refinanced a €550 million environmental and social impact credit line.

Document

Report type: Integrated Report
Class: Embedded
Scope: Full report
Fiscal year: 2022
Language: English
Pages
File size

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Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

SBTi status

Materiality

Assessment
Basis

Assurance

Statement included

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