Sustainability Report 2022

The latest information on the Bell Food Group Ltd and all the links indicated in this report are available on the Internet at www.bellfoodgroup.com.

Details about our sustainability commitment can be found at

www.bellfoodgroup.com/cr-de.

Search terms for further information can be found beside these symbols at

www.bellfoodgroup.com.

The language in this report is gender-neutral in as far as possible, but in the interest of readability, only the masculine form may have been used.

Key to the target tables:

Positive (towards sustainability: observed/measured development = development aspiration)

Negative (away from sustainability: observed/measured development ≠ development aspiration)

Unchanged (no significant difference) No evaluation

Contents

Preface

2

Bell Food Group - Leading in Food

4

We take responsibility

5

Who we are and what we do

6

Sustainability governance

8

Development of Sustainability Strategy 2022-2026

8

Value chain

13

Sustainability targets and obligations

14

Sustainability Competence Centre

16

Environmental responsibility

17

Greenhouse gas emissions and energy

18

Climate-friendly products

22

Water

24

Food waste

26

Disposal and recycling

28

Sustainable packaging

30

Ecosystems

31

Sustainable meat consumption/

35

Avoidance of critical products

Animal welfare

38

Animal welfare in own production

41

Social responsibility

42

Employment conditions

43

Social commitment

47

Safety and health in the workplace

48

Food safety

50

Governance

51

Governance

52

Key figures

54

GRI

64

Contacts

71

Sustainability Report of the Bell Food Group 2022

Introduction

Sustainability concerns us all.

From left to right:

Joos Sutter Chair of the Board of Directors

Lorenz Wyss Chairman of the Group Executive Board (CEO)

2

GRI Standard

2-22

Dear Readers,

As the largest food manufacturer in Switzerland and a significant player in the European food industry, we are acutely aware of the importance of sustainable food production. Only sustainable governance of limited resources such as soil, water and energy will secure the bases of agriculture and food production in the long term. We consider the conserving of these resources and sustainable production of high-quality food in the long term to be of decisive im- portance. Equal consideration must be given to the needs of producers and consumers and the demands of healthy corporate development, as only a successful company can ensure sustain- able, fair and equitable food production.

The growing importance of sustainability for the Bell Food Group is underscored by current political developments. New ordinances such as the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CSDDD), the EU Deforestation Regulation (EUDR) and the Climate Reporting Regulation pursuant to the Task Force on Climate- related Financial Disclosures (TCFD) are just a few examples of these initiatives. We want to adopt a proactive approach to these challenges and minimise the impact on the environment and society in the long term. In order to achieve this, we have defined eight central areas of action with clear objectives for our sustainability strategy in the period from 2022 to 2026. There is a particular focus on the areas of decarbonisation and deforestation in this respect.

We have begun to implement our new sustainability strategy in the reporting year. We have increased our focus on the improvement and formalisation of data acquisition for sustainability indicators while, for the first time, also calculating our overall carbon footprint, including the upstream and downstream supply chain. This was an important step to define a CO2 goal for our supply chain in the context of the Science Based Targets initiative (SBTi). In addition, we conducted a comprehensive risk analysis of our own supply chain with regard to social and ecological risks.

Sustainability is a continuous process that demands continual energy and adaptability. This report will provide you with an up-to-date and transparent overview of our commitment, the progress we have achieved and our efforts in the area of sustainability.

We would like to thank you for the interest you have shown in the Bell Food Group and our sustainability commitment.

Joos Sutter

Lorenz Wyss

Chair of the Board of Directors

Chairman of the Group Executive Board (CEO)

3

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Disclaimer

Bell Food Group AG published this content on 30 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2023 06:33:07 UTC.