California Transparency in Supply Chains Act of 2010 Disclosure and 2021 Fiscal Year Statement under the Modern Slavery Act 2015
- John Bean Technologies Corporation (“JBT”) remains committed to improving our practices to combat slavery and human trafficking by proactively raising the awareness of modern slavery throughout our businesses and within our supply chain.
- We hold our employees and suppliers to the highest standards of ethics and have issued the JBT Guide to Ethical Conduct (the “Guide to Ethics”) to further this aim. JBT expects both its employees and suppliers to adhere to the Guide to Ethics.
- We have also issued a Supplier Code of Conduct (the “Supplier Code”) to further stress the standards we expect our suppliers to observe. The Supplier Code reiterates our commitment to internationally recognized human rights.
- Finally, we have published our Environmental Social & Governance (ESG) brochure to chart the work we have conducted on key ESG issues, including human rights. We conducted a materiality assessment in 2020 to find out what ESG issues are most important to our business and stakeholders.
- We ranked the 24 ESG issues and found our stakeholders and we as a business viewed issues such as Business conduct & Ethics and Human Rights as being very important to us. These ESG issues have informed and shaped JBT’s priorities going forward and led to JBT’s commitment to fighting slavery and human trafficking within our business and supply chain.
Organization’s Structure
- We are a global manufacturer of food processing machinery and airport equipment. JBT and its subsidiaries (the “Group”) has over 6,200 employees worldwide and operates in 25 countries.
- The Group had a global annual turnover of $1.7 Billion in the year ended December 31, 2020.
Our Business
- Our business is organized into two divisions: JBT FoodTech and JBT AeroTech. Together the Group manufacture products under 24 different brands.
Our Supply Chains
- Our supply chain is made up of approximately 14,659 suppliers of which approximately 8,100 are used annually. Our suppliers are based in 73 different countries, with the top two territories by spending on suppliers and services being the United States of America and the European Union. We source from our suppliers a range of products and services, including but not limited to:
- Electrical items and electronics;
- Electromechanical items;
- Machinal and vehicle components;
- Raw materials;
- Finished goods; and
- Transportation and logistical services.
Our Policies on Slavery and Human Trafficking
- We are committed to ensuring that there is no slavery or human trafficking in our supply chains or in any part of our business. Our Supplier Code and Guide to Ethics reflects our commitment to acting ethically and with integrity in all our business relationships and to implementing and enforcing effective systems and controls to reduce the risk that slavery and human trafficking is taking place anywhere in our supply chains.
Supplier Compliance
- JBT’s procurement terms and conditions were updated in 2019 to include a compliance clause, requiring JBT’s suppliers to comply with all local laws and regulations in a number of areas, including labor and human rights law, and that suppliers comply with the JBT Supplier Code.
- Through the compliance clause in our procurement terms and conditions, JBT requires its suppliers to be in full compliance with all applicable laws. Because we have this requirement, we rely on our suppliers to do what is necessary to eradicate the use of unethical labor practices in their supply chains. Accordingly, JBT does not use a third party to evaluate and address the risk of trafficking and forced labor in its supply chains; JBT does not conduct independent, unannounced audits of its suppliers to evaluate their compliance with our expectations for ethical labor practices; and JBT does not require its suppliers to certify that materials incorporated into our products comply with anti-trafficking and forced labor laws. JBT maintains standards and procedures for ensuring that its employees comply with the Guide to Ethics. JBT’s imposition of its procurement terms and conditions and the Supplier Code are the principal standards and procedures for ensuring that its suppliers and contractors comply with JBT’s expectations for ethical labor practice. And, although JBT employees regularly receive training on the Guide to Ethics, JBT does not routinely provide training on trafficking and forced labor issues.
- This statement is made pursuant to the California Transparency in Supply Chains Act of 2010 and section 54(1) of the Modern Slavery Act 2015 and constitutes our Group’s slavery and human trafficking statement for the financial year ending December 31, 2021. It was approved by the board on December 1, 2021.
Brian A. Deck, Chief Executive Officer
JBT Corporation
December 1, 2021