Brambles : 2017 Sustainability Review

27 September 2017

The Manager - Listings

Australian Securities Exchange Limited Exchange Centre

20 Bridge Street

SYDNEY NSW 2000

Via electronic lodgement

Dear Sir or Madam,

Brambles Limited

ABN 89 118 896 021

Level 40 Gateway 1 Macquarie Place Sydney NSW 2000 Australia

GPO Box 4173 Sydney NSW 2001

Tel +61 2 9256 5222 Fax +61 2 9256 5299

www.brambles.com

Brambles advises that its 2017 Sustainability Review has now been posted on the Brambles website at www.brambles.com/sustainability

Yours faithfully

Company Secretary

2017

Sustainability Review

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2020

GOALS

About Brambles

Who we are…

Brambles Limited is an ASX-listed supply chain logistics company with operations in over 60 countries.

What we do...

Brambles is the world's leading provider of supply chain logistics solutions based on the provision of reusable pallets, crates and containers for shared use by multiple participants throughout the supply chain, under a circular "share and reuse" model known as pooling.

With in-depth knowledge of how supply chains work, Brambles has unique expertise that leverages its network advantage to provide customers with logistics solutions that improve the efficiency, safety and sustainability of their supply chains.

Our customers...

Brambles primarily serves customers in the fast-moving consumer goods (e.g. dry food, grocery and health and personal care), fresh produce, beverage, retail and general manufacturing industries, counting many of the world's best-known brands among its customers.

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PRODUCER GROWER

Table of Contents

About our Review 2

Materiality Matrix 2

Introduction from the CEO 3

Our Progress Towards Our 2020 Goals 4

Recognition 5

• Share and Reuse 7

• Better Supply Chains 8

• Better Collaboration 10

• Innovation 12

  Better Workplace 13

• People 14

• Safety 15

• Inclusion and Diversity 16

• Learning and Development, and Talent Management 17

  Better Planet 18

• Natural Resources 19

• Emissions 23

• Zero Waste 25

  Better Communities 26

• Community Investment 27

RPCs

Thank you! BC

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MANUFACTURER

PALLETS

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RETAILER

For more information, go to

brambles.com/sustainability

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Brambles provides standardised pallets, crates and containers to customers from its service centres as and when the customer requires.

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Customers use this equipment and Brambles' support services to transport goods through the supply chain.

Customers either arrange for the equipment's return to Brambles or transfer it to another participant for reuse.

About our Review Materiality Matrix

Brambles' Sustainability Review reports on our activities assessed as material sustainability issues for the financial year ending 30 June (FY17). The focus is communicating how Brambles' business model supports value creation by combining the principles of the

circular and sharing economies. The review is guided by our 2020 sustainability goals which define where Brambles can have the most positive impact across our full value chain. Each section describes our goals and

how they align with the Sustainable Development Goals (SDG), our performance for the FY17 period as well as supporting case studies.

Our supplementary information document for this review, available on the Brambles

We listen to our stakeholders to understand what's important to them.

Feedback from our stakeholders is assessed and ranked to determine the sustainability topics most material to them and to our businesses. For FY17, these are the most material sustainability topics for our Group.

IMPORTANCE TO STAKEHOLDERS

website (brambles.com/sustainability), contains further information on the following: assessment of materiality; risks and opportunity; assurance process; data measurement techniques; stakeholder engagement; and a glossary of terms. For FY17, a table detailing our response to the following three sustainability reporting frameworks is available on our website:

• Global Reporting Initiatives (GRI) G4 Indicators

• UN Global Compact Communication on Progress for 2017

• UN Sustainable Development Goals (SDGs)

As in previous years, we have retained KPMG to provide limited assurance on key elements of this review, with a focus on the sustainability benefits of Brambles' share and reuse business model. The information in the review which has been subject to KPMG assurance is clearly identified by the words "This page is covered by assurance." The KPMG Assurance Report is available on the Brambles website at brambles.com/content/cms/sustainability-2017/FY17-Brambles-sustainability- assurance-opinion.pdf

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IMPACT ON BRAMBLES