Bell Food Group AG

BELL:SW CH0315966322
Key Information
HQ:
Switzerland
Market Cap:
$1.76bn
Primary Market:
Europe & Russia



Company Information

Company Summary

The Bell Food group consists of four companies: Bell, Eisberg, Hilcona and Hügli. Its products range includes meat, poultry, charcuterie, seafood and ultra-fresh, fresh and non-perishable convenience products such as salads, sandwiches, ready-made meals, pasta, sauces and spices. It's business area consists of Bell Switzerland, Bell Germany and Bell International divisions, and the Convenience business area with Eisberg, Hilcona and Hügli divisions.
Bell Foods

Revenue

Total revenue:

$4.5bn

Revenue by Geography

Revenue by Protein

Revenue by Product Type

Note: This financial breakdown is based on Annual reports released in 2022, containing, in most cases, FY2021.


Disclosures

CDP ScoresLast Reviewed: 11/10/2023

CDP ClimateCDP ForestsCDP Water
YesYesNo

Science Based Target InitiativeLast Reviewed: 03/10/2023

Target classificationStatusDate
Has not set SBT--

Coller FAIRR Protein Producer Index

Analysis Overview

Index-Radar-2023
Greenhouse Gas Emissions Deforestation & Biodiversity Water Use & Scarcity Waste & Pollution Antibiotics Animal Welfare Working Conditions Food Safety Sustainability Governance Alternative Proteins

Analysis Breakdown

Risk Score

32/100
Medium Risk



Greenhouse Gas Emissions

31/100

Scope 1, 2 & 3 Target
30/100
Type of Target
0/3
Strength of Target - Non-SBT
1.5/2
Source(s): Annual report 2022, page 12, 13; Sustainability report 2022, page 14, 18, 20, 23

Innovation on GHG Emission Reduction
20/100
Innovation to Reduce Agriculture Emissions
0/1
Feed Farming Innovation
0/2
Animal Farming Innovation
1/2
Source(s): Sustainability report 2022, page 18, 20, 23

Quality of GHG Inventory
35/100
Quality and scope of GHG inventory Completeness
1.25/1.5
Feed & Animal Farming Emissions
0/2
Transparency of GHG Inventory
0.5/1.5
Source(s): Sustainability report 2022, page 19, 65

Emissions Performance
70/100
Overall Emission Performance
3.5/5
Source(s): Sustainability report 2022, page 56

Climate-related Scenario Analysis
0/100
Climate-related Scenarios Analysis Conducted
0/1
Disclosure of Analysis Results on Material Risks
0/3
Disclosure of Financial Material Events & Alignment of CAPEX
0/1
Source(s): Sustainability report 2022, page 18



Deforestation & Biodiversity

55/100

Deforestation/Conversion-free Target - Soy for Animal Feed
58/100
Risk Assessment to Identify High-risk Locations
0/0.5
Strength of Deforestation Commitment
0.9/2
Regional & Operational Coverage of Commitment
1.25/1.25
Transparency - Progress Against Commitment
0.75/1.25
Source(s): Sustainability report 2022, page 15, 19, 31, 32, 34, 35, 65

Deforestation/Conversion-free Target - Cattle
100/100
Risk Assessment to Identify High-risk Locations
5/5
Source(s): Sustainability report 2022, page 34, 35

Engagement, Monitoring & Traceability - Soy for Animal Feed
7/100
Supplier Engagement
0.1/1.25
Compliance monitoring & Traceability
0/3.25
Feed Innovation
0.25/0.5
Source(s): Supplier Code 2022, page 4; Sustainability report 2022, page 31



Water Use & Scarcity

14/100

Water Use & Scarcity in Facilities
38/100
Monitoring Water Consumption & Withdrawals
0.75/0.75
Target to Reduce Water Consumption & Withdrawals
0.5/1
Disclosure & Performance of Water Risks in Facilities
0.63/3.25
Source(s): Sustainability report 2022, page 24, 25, 57, 65

Water Use & Scarcity in Feed Farming
5/100
Supplier Engagement in Water Use in Feed Farming
0.25/2.5
Disclosure of Water Risks in Feed Farming
0/2.5
Source(s): Supplier Code 2022, page 3; Sustainability report 2022, page 31, 36

Water Use & Scarcity in Animal Farming
0/100
Supplier Engagement in Water Use in Animal Farming
0/3
Disclosure of Water Risks in Animal Farming
0/2
Source(s): Sustainability report 2022, page 25



Waste & Pollution

0/100

Wastewater at Facilities
0/100
Disclosure & Targets for Wastewater Quality & Volume Discharged
0/1.5
Transparency on Water Pollution Risks
0/2
Performance on Wastewater Quality & Volume Discharged
0/1.5
Source(s): Sustainability report 2022, page 25

Nutrient Management in Feed Farming
0/100
Supplier Engagement in Nutrient Pollution Risks
0/4
Innovation to Improve Nutrient Management in Feed Farming
0/1
Source(s): Sustainability report 2022, page 31

Manure Management in Animal Farming
0/100
Disclosure of Pollution Risks from Manure
0/1.25
Supplier Engagement in Manure Management
0/1.5
Innovation to Improve Nutrient Management in Animal Farming
0/2.25
Source(s): Sustainability report 2022, page 26



Antibiotics

15/100

Policy on Antibiotics Use
30/100
Policy on Antibiotics Use
1.5/5
Source(s): Animal Welfare Policy 2023, page 6; Antibiotics – only when nothing else helps; Less is more – prevention instead of antibiotics; Sustainability report 2022, page 15, 69

Disclosure of Quantity of Antibiotics Used
0/100
Disclosure of Quantity of Antibiotics Used
0/5
Source(s):



Animal Welfare

52/100

Animal Welfare Policy
78/100
Welfare Policy
1.5/2
Key Welfare Issues
2.4/3
Source(s): Animal Welfare Policy 2023, page 3, 4, 5, 6, 7; Supplier Code 2022, page 3, 10; Sustainability report 2022, page 38, 39; Swiss PAS programme abroad

Assurance & Certification
42/100
Auditing & Assurance by an Animal Welfare Organisation
1.09/4
Public Reporting on Welfare
1/1
Source(s): Sustainability report 2022, page 40, 59, 60

Performance on Key Material Risks
37/100
Performance on Key Material Welfare Risks by Protein
1.83/5
Source(s): Animal Welfare Policy 2023, page 3, 5, 6, 7; Swiss PAS programme abroad



Working Conditions

44/100

Human Rights
60/100
Strength of Policy
1/1
Due Diligence Process
2/3
Evidence of Remediation
0/1
Source(s): Declaration of human rights 2022, page 2, 3; Sustainability report 2022, page 43, 45, 53, 70

Fair Working Conditions
57/100
Policy for Direct Operations
1.85/3
Monitoring & Discosure
1/2
Source(s): Bell Food Group whistleblowing reporting office; Code of Conduct 2019, page 3, 5; Declaration of human rights 2022, page 2; Supplier Code 2022, page 2, 12; Sustainability report 2022, page 53, 66

Safety & Turnover Data
10/100
Committee representation of workers
0.25/2
Disclosure of safety and turnover data
0.25/3
Source(s): Sustainability report 2022, page 49, 61, 63

Freedom of Association
50/100
Strength of Policies
1/3
Disclosure of Collective Bargaining Metrics
1.5/2
Source(s): Declaration of human rights 2022, page 2; Supplier Code 2022, page 2; Sustainability report 2022, page 62



Food Safety

45/100

Food Safety System
50/100
Certifications
2/3.5
Performance
0.5/1.5
Source(s): Annual report 2022, page 22; Sustainability report 2022, page 50, 52

Product Recalls & Market Bans
40/100
Product Recall Systems
1.5/3
Performance
0.5/2
Source(s): Supplier Code 2022, page 52; Sustainability report 2022, page 50



Sustainability Governance

32/100

Assessment of a Company's Sustainability Governance
32/100
Board Sustainability
1.25/2
Incentives & Policy Engagement
0.35/2.5
Innovation & Benchmarking
0/0.5
Source(s): Board of Directors/ Doris Leuthard Hausin; Management team/Martin Henck; Sustainability report 2022, page 8, 9, 10, 11, 39, 67, 68



Alternative Proteins

60/100

Diversification of Products to Alternative Protein Sources
60/100
Existing product portfolio
0.5/2.5
Investing for future growth
2.5/2.5
Source(s): Annual report 2022, page 18, 19, 22, 32, 44; Sustainability report 2022, page 33; Zero meat. Genuine Swiss

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