JDE Peet’s Implements Innovative Plan to Combat Coffee-Related Deforestation

Date:

JDE Peet’s, a leading coffee and tea company, has taken the initiative to combat coffee-related deforestation on a global scale. The company has partnered with Enveritas to introduce an innovative program that utilizes satellite imagery, artificial intelligence, and on-the-ground verification to assess and address the extent of coffee-related deforestation, allowing for better mitigation efforts by local operators, governments, NGOs, and farmers.

Following a successful pilot program in Vietnam, JDE Peet’s has signed Memoranda of Understanding (MOUs) with Ethiopia, Papua New Guinea, Tanzania, and Uganda. These agreements aim to ensure that coffee producers only export coffee grown on land that has not been deforested after 2020. In cases where the coffee does not meet this requirement, JDE Peet’s will work alongside local authorities, NGOs, and farmers to support reforestation efforts.

Fabien Simon, the CEO of JDE Peet’s, expressed his commitment to delivering sustainable growth that benefits both shareholders and society. He highlighted the company’s Common Grounds sustainability program, designed to create an inclusive, regenerative, and authentic supply chain. Simon further emphasized that this new program is fully aligned with the EU’s Regulation on Deforestation-free products, ensuring continued access to the EU market for the millions of smallholder farmers JDE Peet’s works with worldwide.

David Browning, the CEO of Enveritas, stressed the importance of addressing deforestation in a manner that protects the livelihoods of millions of smallholder farmers who rely on coffee income to support their families. He acknowledged that the new EU regulation could introduce complexities and additional costs for vulnerable populations. Browning expressed gratitude for the collaboration with JDE Peet’s, which brings together public, private, and philanthropic organizations to tackle deforestation while safeguarding the interests of smallholder farmers.

See also  AI: When Does It Become Too Much?

JDE Peet’s, as the world’s leading pure-play coffee and tea company, serves approximately 4,200 cups of coffee or tea per second. With a portfolio of over 50 brands, including L’OR, Peet’s, Jacobs, and Senseo, the company operates in more than 100 markets. In 2022, JDE Peet’s generated total sales of EUR 8.2 billion and employed a global workforce of over 20,000 employees.

The company’s commitment to addressing coffee-related deforestation highlights its dedication to sustainability and creating positive societal impact. By leveraging advanced technology and strategic partnerships, JDE Peet’s aims to ensure responsible coffee production and contribute to the preservation of our planet’s valuable forests.

Read more about JDE Peet’s and their mission to provide a coffee and tea experience for every cup at www.jdepeets.com.

Frequently Asked Questions (FAQs) Related to the Above News

What is JDE Peet's new program to combat coffee-related deforestation?

JDE Peet's has partnered with Enveritas to implement a program that utilizes satellite imagery, artificial intelligence, and on-the-ground verification to assess and address the extent of coffee-related deforestation. This program aims to improve mitigation efforts by local operators, governments, NGOs, and farmers.

Which countries has JDE Peet's signed agreements with for this program?

JDE Peet's has signed Memoranda of Understanding (MOUs) with Ethiopia, Papua New Guinea, Tanzania, and Uganda to ensure that coffee producers only export coffee grown on land that has not been deforested after 2020.

What happens if coffee from these countries does not meet the deforestation requirement?

If coffee does not meet the deforestation requirement, JDE Peet's will work alongside local authorities, NGOs, and farmers to support reforestation efforts in those areas.

How does this program align with the EU's regulations on deforestation-free products?

JDE Peet's new program is fully aligned with the EU's Regulation on Deforestation-free products. This ensures continued access to the EU market for the millions of smallholder farmers that JDE Peet's works with worldwide.

What is JDE Peet's Common Grounds sustainability program?

JDE Peet's Common Grounds sustainability program is designed to create an inclusive, regenerative, and authentic supply chain. It aims to deliver sustainable growth that benefits both shareholders and society.

How does JDE Peet's plan to address the potential complexities and additional costs introduced by the EU regulation?

JDE Peet's aims to address these complexities and additional costs by collaborating with local authorities, NGOs, and farmers to support reforestation efforts and ensure the livelihoods of smallholder farmers are protected.

How many cups of coffee or tea does JDE Peet's serve per second?

JDE Peet's serves approximately 4,200 cups of coffee or tea per second.

How many markets does JDE Peet's operate in?

JDE Peet's operates in more than 100 markets worldwide.

What was JDE Peet's total sales in 2022?

In 2022, JDE Peet's generated total sales of EUR 8.2 billion.

How many employees does JDE Peet's have?

JDE Peet's employs a global workforce of over 20,000 employees.

What is JDE Peet's mission with regards to sustainability?

JDE Peet's is committed to sustainability and creating positive societal impact. They aim to ensure responsible coffee production and contribute to the preservation of our planet's valuable forests.

Where can I find more information about JDE Peet's and their mission?

You can find more information about JDE Peet's and their mission to provide a coffee and tea experience for every cup at their website www.jdepeets.com.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

Share post:

Subscribe

Popular

More like this
Related

Obama’s Techno-Optimism Shifts as Democrats Navigate Changing Tech Landscape

Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?

Tech Evolution: From Obama’s Optimism to Harris’s Vision

Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?

Tonix Pharmaceuticals TNXP Shares Fall 14.61% After Q2 Earnings Report

Tonix Pharmaceuticals TNXP shares decline 14.61% post-Q2 earnings report. Evaluate investment strategy based on company updates and market dynamics.

The Future of Good Jobs: Why College Degrees are Essential through 2031

Discover the future of good jobs through 2031 and why college degrees are essential. Learn more about job projections and AI's influence.