Jeronimo Martins SGPS S A : Jerónimo Martins included in global gender equality index
January 27, 2021 at 02:38 pm EST
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The Jerónimo Martins Group has been included in the Bloomberg Gender-Equality Index for the first time. The 2021 edition of the index, released today, lists a limited group of 380 companies operating in 11 industries and headquartered in 44 countries. In the list of member companies, Jerónimo Martins is the only Portuguese company from its business sector, which is only represented by 25 companies from across the globe.
For Susana Correia de Campos, Head of Corporate Employee Relations of the Jerónimo Martins Group, 'our debut in this prestigious index is another milestone and a positive nod for the work we have done to promote gender equality that we are very pleased to acknowledge and that we face with great responsibility. We are an international Group that employees over 115,000 people in three countries and that is proud to say it has 67% of women in management positions'.
The Bloomberg Gender-Equality Index's methodology includes two weighting factors: 30% for 'disclosure' and 70% for 'data excellence'. For these two factors, the Group obtained an overall score of 65%, mainly as a result of its 98% for the 'disclosure' component, and 80% for 'equal pay & gender pay parity' and its 'sexual harassment policies', two of the five dimensions assessed under the 'data excellence' component. The index assesses over 100 indicators in total.
The road travelled in 2020 towards gender equality
As part of the Group's efforts to ensure equality and non-discrimination, and in accordance with Portuguese law, in 2020 Jerónimo Martins published its 2020-21 Gender Pay Plan.
Also in the year, the Jerónimo Martins Group joined Target Gender Equality, a programme designed for the members of the UN Global Compact aimed at accelerating gender equality in companies. The goal of the programme is to set ambitious targets for women's representation and leadership in all levels and in all areas of business, aligning the companies committed to Sustainable Development Goal 5 (SDG 5) of the 2030 UN Agenda - 'achieve gender equality and empower all women and girls'.
Under this initiative, the Group carried out an internal gender equality diagnosis using the Women's Empowerment Principles (WEPs) Gender Gap Analysis tool. This exercise was essential to identifying strengths and the areas with opportunity for progression within the Group for women's empowerment.
Gender quality is in the Jerónimo Martins Group's DNA and part of its daily operations
Women have a predominant role in the management and decision-making positions in the Group's operations in Portugal. On Pingo Doce's current Executive Committee, 50% of the members are women with very diverse responsibilities and functions, such as general manager, operations director, finance director, human resources director or marketing director. Women also make up 50% of Recheio's Executive Committee.
The Jerónimo Martins Group employs more than 115,000 people in the three countries where it pursues its business: Portugal, Poland and Colombia. In all, women represent 76% of the workforce and 67% of management positions.
More information on the 2021 Bloomberg Gender-Equality Index is available at: https://bloomberg.frontify.com/d/nKGYAwB33RBK/2021-gender-equality-index
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Jeronimo Martins SGPS SA published this content on 27 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2021 19:37:01 UTC
Jerónimo Martins, SGPS, S.A. is a Group that holds assets in the food sector, mostly in distribution, with market leadership positions in Poland and Portugal. In 2023, the Group recorded sales of 30.6 billion euros and an EBITDA of 2.2 billion euros. The Group had a total of 134,379 employees and ended 2023 with a market capitalisation of 14.5 billion euros on the Euronext Lisbon stock exchange.
In Poland, Biedronka, representing 70% of Group sales and 85% of its EBITDA, is a chain of food stores and the undisputed leader in food retail and in 2023 it continued to increase its market share. Also in Poland, Hebe focuses on the specialised retail of health and beauty products, managing a considerable assortment of products at competitive prices and an in-store consultation service. At the end of 2023 Hebe opened two stores in Czechia, aimed at putting a face to the brand's presence in this country, where growth will be driven through e-commerce.
In Portugal, the Group has a leadership position in food distribution. It operates the banners Pingo Doce and Recheio, which are market leaders in the supermarket and cash & carry formats, respectively. Pingo Doce is a supermarket chain that has a restaurant area in most of its stores. It has two central kitchens that supply not only these restaurants, but also its in-store takeaway operation. Recheio operates a chain of cash & carry stores and has strengthened its business model with a specialised food service operation, underpinned by dedicated platforms, which essentially serve HoReCa customers with a delivery service. Recheio continues also to expand a network of traditional retail partners under the Amanhecer banner. Jerónimo Martins Agro-Alimentar currently operates in four distinct areas: dairy, livestock farming, aquaculture, and fruit and vegetables. The Group also operates two specialised chains, the Jeronymo coffee shops and kiosks and the Hussel chocolate and confectionery chain.
In Colombia, Ara is a chain of proximity food stores, mostly set up in residential neighbourhoods, offering quality at the best price and combining competitiveness with promotional opportunities in key categories for the Colombian consumer. Also in Colombia, Bodega del Canasto operates as a mini cash & carry, aiming for the traditional market (B2B), offering customised Private Brands and industry brands solution.
JERÓNIMO MARTINS, SGPS, S.A. 
