Inherently Sustainable Operating Model
Brambles’ share and reuse model follows the principles of the circular and sharing economies, creating more efficient supply chains by reducing operating costs and demand on natural resources. By promoting the share and reuse of assets among multiple parties in the supply chain, Brambles offers customers a more efficient and sustainable alternative to the use of disposable products or managing their own proprietary platforms.
Network Advantage and Supply Chain Expertise
Brambles’ sustainable operating model is underpinned by its superior network advantage and industry-leading supply chain expertise, developed over 70 years of managing customers’ supply chains around the world. With operations in over 60 countries, Brambles’ network advantage comprises the scale and density of its service centre network and the strength of its customer relationships in every market in which it operates. This means Brambles can be faster and more responsive to customers’ needs.
Brambles’ sustainability framework organises the Group’s sustainability activities and goals under three broad programmes: Better Business; Better Planet; and Better Communities.
The Group’s 2020 goals are incorporated into this framework and address the material sustainability aspects of Brambles’ value chain. These goals are also aligned to the United Nations Sustainable Development Goals (SDGs), in particular SDG 12: Responsible Consumption and Production, which aligns with Brambles’ sustainable business model. Further details of Brambles’ sustainability framework and 2020 goals are located on Brambles’ website.
In FY18, Brambles’ Sustainability Risk Committee conducted a review of the economic, environmental and social sustainability risks to which the Group is subject. This review identified material sourcing and safety as the Group’s material sustainability risks. Details of the Group’s FY18 safety performance and material sourcing are detailed on pages 10 and 11, respectively. A full review of Brambles’ sustainability risks and performance will be included in the 2018 Sustainability Review, which will be available on Brambles’ website in September 2018.