What Brambles does:

Brambles’ platforms form the invisible backbone of global supply chains. Through its CHEP brand, Brambles primarily serves the fast-moving consumer goods, fresh produce, beverage, retail and general manufacturing industries.

Its circular business model facilitates the ‘share and reuse’ of the world’s largest pool of reusable pallets, crates and containers.

This enables Brambles to serve its customers while minimising impacts on the environment and improving the efficiency and safety of supply chains around the world.

The value Brambles creates

Brambles’ ambition is to pioneer regenerative supply networks with reuse, resilience and regeneration at its core. This ambition underpins Brambles’ social licence to operate. By leveraging the inherent advantages of its circular business model, network scale and pooling expertise, Brambles is able to convert key inputs as outlined by the Integrated Reporting Framework into significant value and outcomes for its stakeholders

For customers, Brambles’ pooling solutions play an integral role in ensuring the efficient flow of goods through their supply networks and delivering operational, financial and environmental benefits not available through singleuse alternatives. Brambles also leverages its unique position to generate positive outcomes throughout its value chain. This includes enabling customer collaboration, optimising transport networks and addressing food security while promoting the circular economy and sustainable forest certification.

For shareholders and providers of finance, Brambles provides an investment pathway and exposure to the low-carbon, circular economy that delivers sustainable growth at returns well in excess of the cost of capital. Its model generates sustainable cash flow through the cycle to support reinvestment in growth, innovation, and the development of its people as well as dividends and any other capital management initiatives it may undertake.

For its ~13,000 employees in ~60 countries, Brambles provides a safe and inclusive work environment with exciting career opportunities. By fostering a culture of innovation and agility to enhance its circular business model, Brambles seeks to attract, retain and develop top talent to shape a sustainable future and deliver value for customers, shareholders and communities around the world. This is underpinned by strong financial performance, which provides direct value for Brambles' employees through employment and other associated financial and non-financial benefits.

Brambles’ regenerative vision seeks to create positive outcomes for the environment and economies across communities that span local, regional and national scales, directly and indirectly.

For the environment, Brambles’ ambition to regenerate more than it needs and provide its products via a service helps reduce the pressure on natural capital, including on forests and the climate system, while reducing the resource waste associated with conventional single-use, linear business models.

As nature issues become more prominent and Brambles develops its response to TNFD, the business will continue to integrate nature-related elements into its decision-making processes.

For regional economies and communities, Brambles provides income for local suppliers, generating ongoing demand and supporting local employment, as well as offering financial, in-kind and volunteering support to community groups such as food banks.

On a national scale, Brambles’ tax payments to governments provide economic contributions to the countries in which it operates. More information on how Brambles manages its tax obligations and the tax contributions it makes to the countries in which it operates can be found in Brambles’ 2024 Tax Transparency Report, which will be published in October 2024.

For other industries, Brambles demonstrates the financial viability of a circular business model on a global scale. In an increasingly resource, climate and nature-conscious world, low-carbon, circular business models represent a practical pathway to balance the needs of people and the planet. Brambles' advocacy on the benefits of a circular economy provides an example for other industries and governments to examine and adopt circular strategies and regulations to accelerate the achievement of the 2030 UN Sustainable Development Goals (SDGs).

In these ways, Brambles creates value for a wide range of stakeholders while delivering life's essentials every day, in a nature and people-positive way.