Jeronimo Martins : Jerónimo Martins hires 100% of its electricity from renewable energy sources
May 21, 2018 at 12:50 pm EDT
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The Jerónimo Martins Group has made the strategic decision to hire electricity 100% from renewable sources to meet the needs of its banners in Portugal: Pingo Doce, Recheio, Hussel and Jeronymo.
Given the strong correlation between the use of fossil fuels and climate change - and these being one of the three pillars of the Group's Environmental Policy -, opting to use electricity from renewable sources will help eliminate carbon dioxide (CO2) emissions from energy consumption. These emissions, which, in 2017, accounted for an equivalent of approximately 190 thousand tonnes of CO2, until now, had the highest relative weight in the Group's carbon footprint in Portugal.
Pedro Soares dos Santos, CEO and Chairman of the Board of the Jerónimo Martins Group, states: 'This decision reflects the Group's firm commitment to sustainable growth, even when it means - as is the case - significantly higher costs. Climate change and the extreme weather events and natural disasters that come with it are three of the five major global risks identified by the World Economic Forum in 2018. We cannot just sit idly by. We must take action.'
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Jeronimo Martins SGPS SA published this content on 21 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 May 2018 16:49:07 UTC
Jerónimo Martins, SGPS, S.A. is a Group that holds assets in the food sector, mostly in distribution, with market leadership positions in Poland and Portugal. In 2023, the Group recorded sales of 30.6 billion euros and an EBITDA of 2.2 billion euros. The Group had a total of 134,379 employees and ended 2023 with a market capitalisation of 14.5 billion euros on the Euronext Lisbon stock exchange.
In Poland, Biedronka, representing 70% of Group sales and 85% of its EBITDA, is a chain of food stores and the undisputed leader in food retail and in 2023 it continued to increase its market share. Also in Poland, Hebe focuses on the specialised retail of health and beauty products, managing a considerable assortment of products at competitive prices and an in-store consultation service. At the end of 2023 Hebe opened two stores in Czechia, aimed at putting a face to the brand's presence in this country, where growth will be driven through e-commerce.
In Portugal, the Group has a leadership position in food distribution. It operates the banners Pingo Doce and Recheio, which are market leaders in the supermarket and cash & carry formats, respectively. Pingo Doce is a supermarket chain that has a restaurant area in most of its stores. It has two central kitchens that supply not only these restaurants, but also its in-store takeaway operation. Recheio operates a chain of cash & carry stores and has strengthened its business model with a specialised food service operation, underpinned by dedicated platforms, which essentially serve HoReCa customers with a delivery service. Recheio continues also to expand a network of traditional retail partners under the Amanhecer banner. Jerónimo Martins Agro-Alimentar currently operates in four distinct areas: dairy, livestock farming, aquaculture, and fruit and vegetables. The Group also operates two specialised chains, the Jeronymo coffee shops and kiosks and the Hussel chocolate and confectionery chain.
In Colombia, Ara is a chain of proximity food stores, mostly set up in residential neighbourhoods, offering quality at the best price and combining competitiveness with promotional opportunities in key categories for the Colombian consumer. Also in Colombia, Bodega del Canasto operates as a mini cash & carry, aiming for the traditional market (B2B), offering customised Private Brands and industry brands solution.
JERÓNIMO MARTINS, SGPS, S.A. 
