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JDE Peet's

OVERALL

Owned
LUX
Rating
Criticisms

Coffee and tea

Created in Jan 2020 when JAB Holding Company merged Peet's Coffee and Jacobs Douwe Egberts to form JDE Peet's, the world's largest pure-play coffee and tea group, with sales in more than 100 countries. Listed on Euronext Amsterdam in 2020.

Company Ownership

JDE Peet's NV   NLD     website         
  Acorn Holdings BV   
   owns 53% of JDE Peet's NV  
NLD     website         

Holding company

Holding company for coffee companies JDE Peet's and Keurig Dr Pepper. This JAB Holdings controlled investor group owned D.E Master Blenders 1753 when it merged with Mondelez's coffee business in 2014 to create the world's largest 'pure play' coffee company, Jacobs Douwe Egberts, which was merged with Peet's in 2020 to create JDE Peet's.

      JAB Holding Company SARL   
       owns 65% of Acorn Holdings BV  
LUX     website   email      

Holding company

Owned by four siblings from one of Europe's wealthiest and most private families, the Reimanns. The company is run my three CEOs, who collectively own about 8% of JAB. Owns controlling stakes in beauty business Coty, coffee giant JDE Peet's, beverages giant Keurig Dr Pepper and Krispy Kreme Doughnuts, among others.

  Mondelez International Inc   
   owns 23% of JDE Peet's NV  
USA     website   email   facebook   twitter

Food manufacturer

Kraft Foods was spun off from tobacco company Altria (formerly Philip Morris) in March 2007. Bought Cadbury in 2010. In October 2012 Kraft Foods split into two public companies: a global snacks business named Mondelez International, and a North American grocery business called Kraft Foods Group Inc.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
JDE Peet's NV
Business Ethics Part ownership by Mondelez
This company is 23% owned by Mondelez International, who get an 'F' rating.
Source: Shop Ethical (2020)
Business Ethics Corporate responsibility claims
This company has Corporate Responsibility claims on its website.
Source: company website (2021)
Environment CDP Climate Change Score of C
In 2021, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of C.
Source: CDP (2021)
Acorn Holdings BV
No assessment data currently available for Acorn Holdings BV
JAB Holding Company SARL
Business Ethics 1/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 1/100 in the Diversified Financial Services and Capital Markets category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2021)
Animals Tier 5 in farm animal welfare rankings
The 2020 Business Benchmark on Farm Animal Welfare (BBFAW) report ranks global food companies on how they are managing and reporting their farm animal welfare policies and practices. This company appeared in tier 5, "On the business agenda but limited evidence of implementation", with tier 1 being the best, and tier 6 the worst.
Source: BBFAW (2020)
Environment Climate action commitments
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business (2021)
Information About the company
This article about Coty's failed 2012 bid to buy Avon discusses the history of Joh A Benckiser and its owners, the Reimann family, one of Europe's wealthiest and most private families.
Source: news article (2012)

> About the Icons

Company Details

Type Public company
Founded 2020
Revenue 6.9 billion EUR (2019)
Employees 21,255 (2019)
Subsidiaries Jacobs Douwe Egberts BV 

Coffee

In 2014 Mondelez combined its coffee business with JAB Holdings controlled DE Master Blenders 1753 to create Jacobs Douwe Egberts, the world's second largest coffee company after Nestle. Merged with Peet's Coffee in 2020 to become JDE Peet's.


  - Jacobs Douwe Egberts AU Pty Ltd 

Coffee & tea

In 2014 Mondelez combined its coffee business with DE Master Blenders 1753 to create Jacobs Douwe Egberts, the largest 'pure play' coffee company in the world. Mondelez received 3.8 billion euros in cash and a 44 percent stake in the new company. Products available in over 80 countries.


  - Thirty Second Bean Company Pty Ltd 

Coffee roasters

Founder Will Young opened a cafe in Sydney in 1997, and bought Campos Coffee in 2002, which has expanded massively under his leadership. Acquired Sydney organic coffee company the Sacred Grounds in 2019. In 2020 Woolworths began stocking their products. Acquired by international coffee giant JDE Peet in 2021.

Contact Details

Address Amsterdam, Netherlands
Website www.jdepeets.com

Products / Brands

Jacobs Douwe Egberts Australia
Douwe Egberts some products UTZ Certified some products UTZ Certified  Coffee
Harris some products UTZ Certified some products UTZ Certified  Coffee
L'OR some products UTZ Certified some products UTZ Certified  Coffee
Moccona some products UTZ Certified some products UTZ Certified  Coffee
Piazza Doro some products UTZ Certified some products UTZ Certified  Coffee
Pickwick some products UTZ Certified some products UTZ Certified  Tea
Two Seasons Coffee

Campos Coffee
Campos Coffee
Sacred Grounds certified organic certified organic  Coffee


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