John Bean Technologies Corporation (JBT): Análise de Pestle [Jan-2025 Atualizada]

No mundo dinâmico da tecnologia de processamento de alimentos, a John Bean Technologies Corporation (JBT) está na vanguarda da inovação, navegando em um cenário global complexo, onde tensões políticas, mudanças econômicas, mudanças sociais, avanços tecnológicos, desafios legais e considerações ambientais se cruzam. Essa análise abrangente de pestles revela os fatores externos multifacetados que moldam a tomada de decisão estratégica da JBT, oferecendo um profundo mergulho no intrincado ecossistema que influencia um dos fabricantes de equipamentos mais pioneiros da indústria de alimentos. Prepare-se para explorar como o JBT transforma os desafios globais em oportunidades de soluções de processamento de alimentos sustentáveis, eficientes e de ponta.

John Bean Technologies Corporation (JBT) - Análise de Pestle: Fatores Políticos

As tensões comerciais globais impactam as vendas internacionais de equipamentos de processamento de alimentos

As tensões comerciais dos EUA-China impactaram diretamente as estratégias internacionais de vendas da JBT. A partir de 2023, as tarifas dos EUA sobre produtos chineses atingiram aproximadamente 19,3% para determinadas categorias de equipamentos, aumentando os custos de produção em cerca de US $ 4,2 milhões anualmente para as operações internacionais da JBT.

Métrica de tensão comercial	Valor de impacto
Custos tarifários adicionais	US $ 4,2 milhões
Porcentagem tarifária em equipamento	19.3%

Conformidade regulatória em diferentes países

A JBT enfrenta ambientes regulatórios complexos em várias regiões, exigindo investimento significativo em conformidade.

• Regulamentos de segurança alimentar da União Europeia Custo de conformidade: € 1,7 milhão em 2023
• Despesas do processo de aprovação regulatória da FDA: US $ 620.000 anualmente
• Investimentos de adaptação para padrão técnico de mercado asiático: US $ 1,1 milhão

Influências de investimento em infraestrutura governamental

Os investimentos em infraestrutura do governo afetam diretamente as oportunidades de mercado da JBT. Em 2023, os gastos do governo global em infraestrutura de tecnologia de alimentos atingiram US $ 42,6 bilhões, com alocações significativas em:

Região	Investimento de infraestrutura
América do Norte	US $ 15,3 bilhões
União Europeia	US $ 12,9 bilhões
Ásia-Pacífico	US $ 14,4 bilhões

Incertezas geopolíticas em mercados emergentes

Riscos de mercado emergentes impactar significativamente as estratégias de expansão internacional da JBT. A instabilidade política nas regiões -chave levou a:

• Aumento do prêmio de risco de investimento: 3,7% em 2023
• Redução potencial de receita em mercados instáveis: US $ 6,5 milhões
• Custos de seguro de risco político aumentados: US $ 1,2 milhão anualmente

John Bean Technologies Corporation (JBT) - Análise de Pestle: Fatores Econômicos

Os preços globais de commodities alimentares globais influenciam as decisões de investimento em equipamentos

O índice global de preços de commodities alimentares em janeiro de 2024 é de 132,5, mostrando volatilidade de 3,7% em comparação com o ano anterior. O investimento em equipamentos agrícolas se correlaciona diretamente com as flutuações de preços de commodities.

Mercadoria	Volatilidade dos preços (2023-2024)	Impacto no investimento em equipamentos JBT
Trigo	+4.2%	Aumento moderado na demanda de equipamentos de processamento
Milho	+3.8%	Alto potencial para investimentos em tecnologia de processamento de alimentos
Soja	+5.1%	Oportunidades significativas de aquisição de equipamentos

A recuperação econômica em andamento impulsiona a demanda de tecnologia de processamento de alimentos

O mercado global de equipamentos de processamento de alimentos se projetou para atingir US $ 75,6 bilhões em 2024, com um CAGR de 6,3% desde 2021. O crescimento da receita da JBT se correlaciona diretamente com essa expansão do mercado.

Região	Taxa de crescimento do mercado	Investimento estimado de equipamento
América do Norte	5.9%	US $ 22,3 bilhões
Europa	4.7%	US $ 18,5 bilhões
Ásia-Pacífico	7.2%	US $ 26,8 bilhões

A volatilidade da taxa de câmbio afeta as estratégias internacionais de receita e compras

Flutuação da taxa de câmbio de USD para EUR: 1,08 em janeiro de 2024, mostrando 2,5% de volatilidade. Impacta os fluxos internacionais de compras e receita da JBT.

Par de moeda	Taxa de câmbio	Impacto de volatilidade
USD/EUR	1.08	± 2,5% variação de receita
USD/CNY	7.15	± 3,1% de flutuação de custos de aquisição
USD/GBP	0.79	± 2,2% de ajuste do mercado internacional

Pressões inflacionárias afetam os custos de fabricação e operacional dos equipamentos

Índice de Preços ao Produtor dos EUA para Manufatura de Máquinas: 4,6% de taxa de inflação em 2024. Impacto direto nas despesas operacionais e de fabricação da JBT.

Categoria de custo	Taxa de inflação	Impacto financeiro estimado
Matérias-primas	5.2%	US $ 18,3 milhões de custos adicionais
Trabalho	3.9%	US $ 12,7 milhões de salários aumentam
Energia	4.5%	Crescimento de despesas operacionais de US $ 8,6 milhões

John Bean Technologies Corporation (JBT) - Análise de Pestle: Fatores sociais

Crescente demanda do consumidor por tecnologias de processamento de alimentos sustentáveis ​​e eficientes

De acordo com o relatório global do mercado de equipamentos de processamento de alimentos, o tamanho do mercado foi avaliado em US $ 62,5 bilhões em 2022 e deve atingir US $ 89,3 bilhões até 2027, com um CAGR de 7,4%.

Segmento de mercado	2022 Valor	2027 Valor projetado	Cagr
Equipamento sustentável de processamento de alimentos	US $ 18,3 bilhões	US $ 29,6 bilhões	10.2%

O aumento do foco na segurança alimentar e na higiene impulsiona a inovação tecnológica

O mercado global de testes de segurança alimentar foi avaliado em US $ 22,4 bilhões em 2022 e deve atingir US $ 33,8 bilhões até 2027.

Segmento de tecnologia de segurança alimentar	2022 Tamanho do mercado	2027 Tamanho do mercado projetado
Tecnologias de detecção rápida	US $ 7,6 bilhões	US $ 12,5 bilhões
Teste microbiano	US $ 6,9 bilhões	US $ 10,2 bilhões

Lacuna de habilidades da força de trabalho em setores avançados de fabricação e tecnologia de alimentos

De acordo com o Instituto de Manufatura, 77% dos fabricantes relatam uma lacuna de habilidades moderada a grave em 2023.

Categoria de habilidade	Porcentagem de lacuna de habilidades
Tecnologias avançadas de fabricação	62%
Especialização em tecnologia de alimentos	53%

Mudança de preferências dietéticas e padrões globais de consumo de alimentos, projeto de equipamentos de impacto

O mercado global de alimentos baseado em plantas foi avaliado em US $ 29,4 bilhões em 2020 e deve atingir US $ 62,7 bilhões até 2027.

Categoria de comida	2020 Valor de mercado	2027 Valor de mercado projetado
Carne à base de plantas	US $ 4,2 bilhões	US $ 12,5 bilhões
Laticínios à base de plantas	US $ 3,7 bilhões	US $ 8,9 bilhões

John Bean Technologies Corporation (JBT) - Análise de Pestle: Fatores tecnológicos

Investimento contínuo em automação avançada e soluções de processamento de alimentos acionadas pela IA

Em 2023, a JBT Corporation registrou investimentos em P&D de US $ 72,4 milhões, representando 4,3% da receita total. A quebra de investimento em tecnologia da empresa mostra:

Categoria de tecnologia	Valor do investimento ($ M)	Porcentagem de orçamento de P&D
Processamento de alimentos acionado por IA	24.6	34%
Sistemas de Automação Avançada	31.8	44%
Tecnologias de aprendizado de máquina	16.0	22%

Integração da IoT e tecnologias de manutenção preditiva no design de equipamentos

A implementação da tecnologia IoT da JBT demonstra um avanço tecnológico significativo:

• Integração do sensor de IoT em 78% dos novos modelos de equipamentos
• A manutenção preditiva reduz o tempo de inatividade do equipamento em 42%
• Capacidades de monitoramento em tempo real em 65% dos equipamentos de processamento de alimentos

Tendências emergentes em robótica e aprendizado de máquina para eficiência de processamento de alimentos

Tecnologia robótica	Melhoria de eficiência	Taxa de implementação
Sistemas de classificação automatizados	37% da produtividade aumenta	62% das linhas de processamento de alimentos
Controle de qualidade de aprendizado de máquina	28% de redução de defeitos	55% das instalações de produção
Manipulação de alimentos robóticos	45% de melhoria da velocidade de processamento	48% das unidades de fabricação

Digitalização de processos de produção de alimentos através de tecnologias de fabricação inteligentes

Métricas de transformação digital da JBT para 2023:

• Investimento inteligente de fabricação: US $ 45,2 milhões
• Implementação de tecnologia gêmea digital: 53% das linhas de produção
• Gerenciamento de processos baseado em nuvem: 71% das operações globais
• Integração de análise de dados: 68% das instalações de fabricação

John Bean Technologies Corporation (JBT) - Análise de Pestle: Fatores Legais

Regulamentos rigorosos de segurança alimentar em diferentes mercados globais

A JBT Corporation enfrenta paisagens regulatórias complexas de segurança alimentar em várias jurisdições:

Região	Principais órgãos regulatórios	Requisitos de conformidade	Custo anual de conformidade
Estados Unidos	FDA	Conformidade da FSMA	US $ 3,2 milhões
União Europeia	Efsa	Padrões HACCP	US $ 2,7 milhões
China	Cfda	Lei de Segurança Alimentar GB	US $ 1,9 milhão

Proteção de propriedade intelectual para inovações tecnológicas

O portfólio de patentes da JBT demonstra investimento legal significativo em proteção tecnológica:

Categoria de patentes	Número de patentes ativas	Despesas anuais de proteção IP	Cobertura geográfica
Tecnologia de processamento de alimentos	87	US $ 4,5 milhões	12 países
Equipamento agrícola	53	US $ 2,8 milhões	8 países

Conformidade com os padrões de fabricação ambiental e de sustentabilidade

Métricas de conformidade regulatória ambiental:

• Certificação ISO 14001: Mantida em 94% das instalações de fabricação
• Alvo de redução de emissões de carbono: 35% até 2030
• Investimento anual de conformidade ambiental: US $ 6,3 milhões

Regulamentos comerciais internacionais complexos e restrições de exportação/importação

Redução de conformidade comercial:

Categoria de regulamentação comercial	Custo de conformidade	Despesas de mitigação de risco	Número de mercados afetados
Regulamentos de controle de exportação	US $ 2,1 milhões	US $ 1,4 milhão	37 países
Gerenciamento de tarifas de importação	US $ 1,9 milhão	US $ 1,2 milhão	29 países

John Bean Technologies Corporation (JBT) - Análise de Pestle: Fatores Ambientais

Compromisso no desenvolvimento de equipamentos de processamento de alimentos com eficiência energética

A JBT Corporation relatou uma redução de 22% no consumo de energia em suas linhas de produtos para equipamentos de processamento de alimentos em 2023. A Companhia investiu US $ 18,3 milhões em pesquisa e desenvolvimento para tecnologias com eficiência energética.

Categoria de equipamento	Melhoria da eficiência energética	Economia anual de energia
Máquinas de processamento de alimentos	22%	1.456.000 kWh
Sistemas de refrigeração	18%	987.000 kWh
Equipamento de processamento térmico	25%	1.234.000 kWh

Reduzindo a pegada de carbono em fabricação e ciclo de vida do produto

JBT alcançou a 15,7% Redução no total de emissões de carbono Em todas as instalações de fabricação em 2023. As emissões diretas de carbono da Companhia foram medidas em 67.500 toneladas de CO2.

Escopo de emissão	2023 emissões (toneladas métricas)	Porcentagem de redução
Escopo 1 emissões	24,500	12%
Escopo 2 emissões	43,000	18%

Ênfase crescente em materiais sustentáveis ​​e princípios de economia circular

A JBT alocou US $ 12,5 milhões para pesquisas de materiais sustentáveis ​​em 2023. A Companhia aumentou o uso de material reciclado em 28% nos processos de fabricação.

• Conteúdo de material reciclado em equipamentos: 35%
• Porcentagem de componente reciclável: 62%
• Redução de resíduos de material: 24%

Implementando soluções de tecnologia verde no design de equipamentos de processamento de alimentos

A JBT lançou 7 novos designs de equipamentos de tecnologia verde em 2023, com uma melhoria média de eficiência energética de 30% em comparação com os modelos anteriores.

Tipo de equipamento	Eficiência energética	Conservação de água
Sistemas de congelamento avançado	33%	40% de redução de água
Equipamento de cozinha sustentável	28%	35% de redução de água
Máquinas de embalagem ecológicas	27%	30% de redução de água

John Bean Technologies Corporation (JBT) - PESTLE Analysis: Social factors

You're looking at JBT Marel Corporation's social landscape as part of your 2025 strategic review, and the trends are clear: consumer focus on food integrity and sustainability is now a direct driver of your capital equipment sales.

Sociological

The core mission of JBT Marel Corporation-to transform the future of food-is perfectly aligned with major global sociological pressures. We aren't just selling machinery; we are selling solutions to feed a growing world sustainably. The UN Food and Agriculture Organization estimates that global food demand will rise by 50% between 2012 and 2050, meaning the need for efficient processing, which is JBT Marel's bread and butter, is non-negotiable for our customers. Our Q3 2025 revenue hit a clean $1 billion, showing that this alignment translates directly to the top line.

Demand for food safety and quality is a massive tailwind. Consumers today expect transparency and high standards, which forces processors to upgrade their technology. JBT Marel's focus on optimizing food yield, improving food safety and quality, and enhancing uptime directly addresses this societal expectation. In fact, more than half of our revenue in both Q1 2025 ($854.1 million) and Q2 2025 ($935 million) came from recurring products and services-the parts and service that keep those safety-critical systems running perfectly.

The shift toward DEIB (Diversity, Equity, Inclusion, and Belonging) is also a key social factor for a global company like JBT Marel. Building a truly global culture hub requires intentional effort. We started developing a new DEIB governance structure in 2024 with executive oversight to embed this across the business. This commitment is visible through internal programs like the Inclusive Leadership Series (ILS) and celebrating heritage months, which helps us attract and retain the diverse talent needed to serve a global customer base. If onboarding takes 14+ days, churn risk rises, so a strong internal culture is a competitive advantage.

Finally, the global pivot toward sustainable food and alternative proteins is creating a new, high-growth equipment segment for us. Consumers are actively seeking alternatives, which requires specialized processing gear, including bioreactors for precision fermentation and cultivated meat. This trend is boosting demand for the advanced technology JBT Marel offers. Honestly, this is where the future growth story is being written.

Here's a look at the market dynamics fueling this equipment demand:

Metric	Value (2025)	Projection/Context	Source
Global Alternative Protein Market Value	$18.79 billion	Mordor Intelligence, July 2025
Precision Fermentation Bioreactors Market Size	$742.6 million	Projected CAGR of 29.5% through 2034
Protein Alternative Market CAGR (to 2030)	5.29%	Driven by advances in precision fermentation
Investment in Fermentation (2024)	$651 million	GFI data, preceding the 2025 fiscal year

The market for the equipment that supports these new food sources is exploding. The Precision Fermentation Bioreactors Market is projected to grow from $742.6 million in 2025 to $7.6 billion by 2034, a staggering 29.5% compound annual growth rate. This means that while our core business is strong-with full-year 2025 revenue guidance up to $3.79 billion-the investment in this new area is crucial for long-term expansion. What this estimate hides is the capital expenditure cycle for these new facilities; they are lumpy, but the long-term trend is undeniable.

The social drivers translate into clear business opportunities:

• Address global hunger via yield optimization.
• Meet rising consumer demand for food quality.
• Attract top global talent via DEIB focus.
• Capture growth in alternative protein equipment.

Finance: draft 13-week cash view by Friday.

John Bean Technologies Corporation (JBT) - PESTLE Analysis: Technological factors

You're looking at a company that has fundamentally shifted its technological focus, especially after the major combination that formed JBT Marel Corporation on January 2, 2025. This pivot means technology isn't just a feature; it's the engine driving the majority of the revenue stream and future valuation. The immediate takeaway is that the integration of Marel has created a technology powerhouse focused on digital services and high-efficiency processing.

Recurring Revenue Driven by Digital Solutions

The shift toward services and software is clearly paying off on the income statement. For the second quarter of 2025, JBT Marel reported total revenue of $935 million, and critically, more than half of that came from recurring revenue streams. This is a direct result of a strategy to embed digital and service offerings alongside the core machinery. Honestly, this recurring slice of the pie provides a much more stable foundation than relying solely on large, cyclical equipment sales.

The company is actively investing in these areas. Leadership is prioritizing capital for digital capabilities, including customer-centric platforms designed to deliver measurable results like optimizing food yield.

Portfolio Consolidation: From Protein to Aseptic Filling

The merger with Marel in early 2025 created a truly comprehensive technology portfolio spanning the entire food and beverage processing chain. This wasn't the first step in that direction; prior strategic buys, like the acquisition of Stork Food & Dairy Systems, already added complementary aseptic processing, sterilization, and filling systems to the liquid foods segment.

The combined entity now offers a holistic suite of solutions. Here's a quick look at how the portfolio is structured around technology delivery:

Segment Focus	Technological Capability	Example Contribution
FoodTech (Combined)	Protein Processing & Freezing	Advanced systems for poultry and meat processing
FoodTech (Combined)	Liquid Foods Processing	Integrated aseptic and thermal processing/filling
AeroTech	Ground Support Equipment (GSE)	Electrification and automation for airport logistics

Zero-Emissions Equipment and Industry Mandates

In the AeroTech segment, JBT Marel is directly addressing the technological push for sustainability by offering zero-emissions ground support equipment. This is crucial because the broader aviation sector is under intense regulatory pressure to decarbonize. While non-electric GSE still held a significant share in 2025, the trend is clearly toward electrification, driven by lower total cost of ownership and environmental mandates.

The company's commitment here means they are engineering solutions that help customers meet their net-zero greenhouse gas commitments. This isn't just about being green; it's about future-proofing the product line against evolving global standards.

Innovation in Automation and Yield Optimization

For JBT Marel to maintain its competitive edge, continuous innovation in automation and yield enhancement is non-negotiable. The 'Elevate 2.0' strategy explicitly calls for reinvestment in digital capabilities to help customers produce more with less. This focus translates directly into financial targets.

The expected technological efficiencies are quantified in the synergy goals:

• Targeted annualized run-rate synergy savings exiting 2025: $80 million to $90 million.
• In-year realized synergy savings expected for 2025: $35 million to $40 million.
• Focus areas include real-time performance tracking and data analytics.

What this estimate hides, though, is the capital expenditure required to actually develop and deploy these next-generation automation platforms. It's a high-stakes race to digitize the factory floor and the tarmac.

Finance: draft 13-week cash view by Friday.

John Bean Technologies Corporation (JBT) - PESTLE Analysis: Legal factors

Look, navigating the legal landscape right now is a minefield, especially after the Marel combination. The key takeaway is that post-merger, your compliance program needs to be airtight, particularly around antitrust and global supply chain integrity, because regulators are definitely paying closer attention in 2025.

Compliance with U.S. and international antitrust and competition laws is mandatory

You know that adherence to competition law isn't optional; it's foundational, especially now. The U.S. Department of Justice updated its Evaluation of Corporate Compliance Programs guidance in late 2024, and the focus remains intense into 2025, now explicitly covering civil matters alongside criminal ones. What this means for JBT Marel is that your antitrust compliance program must be demonstrably robust, covering everything from pricing discussions to competitor interactions. Also, the January 2025 Antitrust Guidelines for Business Activities Affecting Workers signal a major legal focus on labor-related agreements, like no-poach clauses, which HR and Legal must review immediately.

It's not just the US, either. International bodies are tightening up. For instance, in Italy, new AGCM guidelines effective March 10, 2025, set a maximum penalty reduction for compliance programs at only 10%, and they completely exclude repeat offenders from any reduction.

Here are the core areas demanding immediate legal focus:

• Review AI/algorithmic tools for anticompetitive use.
• Train staff on new January 2025 Labor Guidance.
• Ensure prompt reporting mechanisms are active.

Supplier Code of Conduct enforces strict adherence to human rights and labor laws

The JBT Marel Supplier Code of Conduct is your primary shield against supply chain liability. This isn't just corporate fluff; it's a contractual expectation reinforced by policies like the Human Rights Policy, which aligns with the UN Guiding Principles. You must defintely ensure suppliers know that involuntary labor, child labor, and discrimination are non-starters across the entire global footprint.

The commitment is backed by action. We continued implementing a supplier risk assessment monitoring system in 2024 for key suppliers globally, focusing on regulatory compliance. The Code itself expects suppliers to comply with all applicable labor laws governing wages, work hours, and overtime. If onboarding takes 14+ days, churn risk rises, but so does audit risk if documentation is weak.

Merger completion was subject to the Icelandic Takeovers Act and SEC regulations

The Marel acquisition is legally closed, but the integration process has specific legal cleanup. The settlement for the voluntary takeover offer occurred on January 2, 2025, making the combined entity JBT Marel Corporation (JBTM) official on January 3, 2025. This entire process was governed by both U.S. Securities and Exchange Commission (SEC) regulations-requiring an S-4 Registration Statement-and European regulations, specifically the Icelandic Takeover Act no. 108/2007.

The final legal step post-settlement was the compulsory acquisition (squeeze-out) of remaining Marel shares, which JBT Marel commenced on January 2, 2025, under Article 110 of that same Icelandic Takeover Act. The expectation was to complete this by February 2025. This complex, multi-jurisdictional closing required coordination with the Icelandic Financial Supervisory Authority (FSA) and the SEC.

Here's a quick look at the transaction's legal milestones:

Legal Requirement/Event	Governing Authority/Act	Key Date
Registration Statement Effective	SEC (Form S-4)	June 25, 2024
Voluntary Offer Settlement	Icelandic Takeover Act	January 2, 2025
Compulsory Acquisition Commenced	Icelandic Takeover Act (Art. 110)	January 2, 2025
JBTM Trading Commenced	NYSE & Nasdaq Iceland	January 3, 2025

Evolving global trade and tariff policies create legal cost and demand uncertainty

Trade policy is perhaps the most volatile legal factor affecting your landed costs right now. The tariff environment in 2025 is severe. As of October 30, 2025, the overall US average effective tariff rate stands at 17.9%, the highest since 1934, which translates to an estimated $1,800 short-run price level increase for the average household. For a company like JBT Marel, which relies on global supply chains for industrial machinery components, this creates massive cost uncertainty.

Furthermore, new actions announced in September 2025 include a potential 100% ad valorem tariff on branded pharmaceuticals unless production is in the US, and Section 232 investigations into industrial machinery imports are ongoing. PwC analysis suggests 2025 tariffs could cost US businesses nearly $1 trillion annually if fully implemented. You need to model the impact of these potential duties on your Q4 2025 COGS projections immediately.

Finance: draft 13-week cash view by Friday, incorporating the latest tariff scenarios for imported components.

John Bean Technologies Corporation (JBT) - PESTLE Analysis: Environmental factors

You are looking at how John Bean Technologies Corporation (JBT) manages the physical and regulatory environment, which is increasingly tied to customer purchasing decisions. Honestly, the environmental angle isn't just compliance anymore; it's a core driver of their product value proposition. The latest data shows they are leaning hard into this trend, which is smart given the global focus on food system resilience.

Customer Solutions Driving Environmental Benefits

The real story here is how JBT is embedding sustainability into what they sell. For the 2023 fiscal year, the company reported that 71% of its product revenue came from equipment specifically designed to offer environmental advantages to the customer. This isn't abstract; these are tangible benefits like helping processors reduce food waste, conserve precious water resources, and lower their operational greenhouse gas (GHG) emissions. Think about their waterjet portioning systems, for example; they help meat and poultry processors maximize yield, which directly translates to less product going to the landfill. It's a clear competitive edge when customers are facing tighter resource budgets.

JBT is also using digital tools, like the OmniBlu™ platform, to give customers actionable data on efficiency and sustainability performance. That's how you move from selling a machine to selling a sustainable outcome. Here's the quick math: if a customer can document a 10% reduction in water use because of a JBT system, that's a powerful selling point for the next capital expenditure cycle.

Operational Footprint Reduction

While helping customers is key, JBT is also cleaning up its own house. Based on their global assessments comparing 2023 performance to 2022, the company achieved an 11% reduction in combined Scope 1 (direct) and Scope 2 (purchased energy) GHG emissions. That's a solid move in their own operations. To be fair, they are still working on setting formal, external climate targets, but they are actively setting energy reduction targets across all sites for 2024. They are focusing on optimizing energy and water use across their manufacturing base, which is where you see the most immediate control over Scope 1 and 2.

What this estimate hides is the intensity metric, which normalizes emissions against revenue. For 2023, their Scope 1 and 2 GHG Emissions Intensity was 9.12 metric tons CO2e per million in revenue, down from 10.70 in 2022. That shows efficiency gains even if total emissions were slightly different due to growth.

Key Environmental Performance Metrics (Latest Reported Data)

To keep track of their progress in optimizing resource use across their global manufacturing facilities, you should watch these key metrics reported in their 2023 ESG review:

• Scope 1 and 2 GHG Emissions Reduction (vs. 2022): 11%
• Water Withdrawal Reduction (vs. 2022): 12%
• Landfill Diversion Rate: 69% across global operations
• Pounds Diverted from Landfills: More than 8.4 million pounds

The trend is clear: they are measuring water and energy use at nearly three dozen sites to drive these improvements. Still, the next big hurdle will be tackling Scope 3, which involves their supply chain and the use of sold products, something they began assessing in 2023.

Here is a snapshot comparing their operational footprint improvements:

Metric	2022 Baseline (Approximate)	2023 Result	Change
Scope 1 & 2 GHG Intensity	10.70	9.12	Decrease
Water Withdrawal (Million Gallons)	35.78	31.63	Decrease
Product Revenue from Environmental Benefits	~70%	71%	Increase

If onboarding their new Marel integration takes longer than expected, integrating the two companies' energy data systems could slow down the 2025 intensity reduction targets. Finance: draft the 13-week cash view by Friday, specifically modeling potential CapEx needs for facility-level water-efficient technology upgrades in Q1 2026.