California Transparency in Supply Chains Act of 2010 Disclosure and Statement under the Modern Slavery Act 2015 for Fiscal Year 2023

Last updated: December 3, 2024

  1. 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.
  2. We hold our employees and suppliers to the highest standards of ethics and have issued the One JBT Guide to Ethical Conduct (the “Guide to Ethical Conduct”) to further this aim. JBT expects both its employees and suppliers to adhere to the Guide to Ethical Conduct.
  3. Our Supplier Code of Conduct (the “Supplier Code”) reinforces the standards we expect our suppliers to observe and emphasizes our commitment to internationally recognized human rights. The provisions of our Supplier Code also support our alignment with Goal 8, Decent Work and Economic Growth, of the United Nations Sustainable Development Goals.
  4. We have established a Human Rights Policy because we know that societies, economies, and businesses thrive when human rights are protected and respected. This policy was informed and guided by the United Nations Universal Declaration of Human Rights and is consistent with the principles set forth in our Guide to Ethical Conduct and Supplier Code.

Organization’s Structure

  1. We are a global technology solutions provider to high-value segments of the food and beverage industry. Until August 2023, when we completed the divestiture of our Aerotech business, we were also a global manufacturer of airport equipment. We operate 23 significant manufacturing facilities and manufacture food processing equipment under 26 different brands. JBT and its subsidiaries (the “Group”) employ over 5,100 employees worldwide and operate in 25 countries. The Group had a global annual turnover of $1.7 billion in the year ended December 31, 2023.

Our Supply Chains

  1. Our supply chain comprises approximately 9,954 suppliers. Our suppliers are based in 69 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:
    • Electromechanical items;
    • Mechanical components;
    • Electrical items and electronics;
    • Raw materials;
    • Finished goods;
    • Indirect goods and services; and
    • Transportation and logistical services.

Our Policies on Slavery and Human Trafficking

  1. Our Supplier Code, Guide to Ethical Conduct and our Human Rights Policy reflect 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

  1. 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. JBT’s procurement terms and conditions 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 Supplier Code. The procurement terms were updated in 2022.
  2. In 2023, we implemented a supplier risk assessment monitoring system for approximately 200 key suppliers worldwide, monitoring areas such as reputational protection and regulatory compliance.
  3. We conducted a survey in 2023 to understand the sustainability initiatives, including those related to human rights, of our top suppliers. We engaged with 30 of our key suppliers, including steel manufacturing, components, and logistics, for best practice sharing discussions. This will continue to be instrumental to our understanding of our suppliers’ current sustainability behaviors and programs.
  4. We also conducted a double materiality assessment to identify the most critical ESG issues to our business and stakeholders. The assessment revealed that internal and external stakeholders, including supply partners, prioritize corporate culture, working conditions, equal treatment, business conduct, ethics, and human rights. These findings guide JBT’s priorities and reinforce our commitment to ensuring slavery and human trafficking do not exist within our business and supply chain.
  5. We continue to publish annual Environmental Social & Governance (“ESG”) reports. These reports allow us to effectively share the programs and initiatives we have implemented to manage key ESG risks and opportunities, including those related to human rights.
  6. JBT employees regularly receive training on the Guide to Ethical Conduct. In 2023, our supply chain staff received training on compliance topics, including procurement terms and conditions language, to ensure alignment with applicable government laws and regulations, including labor and human rights.

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, 2023. It was approved by the board on December 3, 2024.

Brian A. Deck
Chief Executive Officer
JBT Corporation

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