- 1. Corporate Responsibility at Chiquita Triple Bottom Line
Investing Conference November 3, 2005 Michael Mitchell Director,
Corporate Communications Chiquita Brands International
2. Our Company
- International producer and marketer of high-quality fresh and
value-added produce
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- $4 billion in annual revenues
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- Healthy, convenient, high-quality, fresh
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- Operations in more than 60 countries
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- 25,000 employees worldwide
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- More than 14,000 farm workers,about two-thirds unionized
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- June 2005 acquisition of Fresh Express, U.S. market leader of
packaged salads
3. Our Model forCorporate Responsibility
- Employee Participation & Training
- Organization & Accountability
Responsibility OpportunityRespect Integrity 4. Verifiable
StandardsLabor
- Colombia and Panama (2003)
- 100% SA8000 certification owned farms (2004)
- 14% independent growers (2004)
Food Safety
- Colombia, Panama and Costa Rica (2003)
- 47% independent growers (2004)
Environmental
- Initial Engagement (1992)
- First owned farms in Costa Rica (1994)
- 100% certification owned farms (2000)
- 83% independent growers (2004)
Certification to Leading Standards 5. Labor Engagement
- Landmark IUF-COLSIBA-Chiquita Agreement
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- Based on core ILO conventions
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- Collaboration on worker health and safety
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- Fair dealing and continuous improvement
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- Communicate in open, honest and straightforward manner
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- Avoid public international campaigns or anti-union retaliatory
tactics
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- Committee to review serious or systemic violations
We have seen real progress as a result of the Agreement in a
number of Chiquita operations. I remain impressed with the good
faith and serious intent Chiquita has brought to this process. Ron
Oswald General Secretary International Union of Foodworkers 6.
Organization & Accountability
- Corporate Responsibility Officerreports to CEO
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- With significant interaction with theNominating and Governance
Committeeof the Board of Directors
- CR specialists in all divisions
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- CR integrated into company strategy & planning
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- Annual CR objectives and bonus for managers
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- All managers sign annual code of conduct compliance
statement
Manuel Rodriguez 7. Employee Participation & Training 8.
Measurement & Reporting 9.
- Children plant trees in Bocas, Panama, at an Environmental
Awareness Fair
- Chiquita Nature & Community Project in Costa Rica
http://www.chiquita.com/naturecommunity
Community Engagement 10. Benefits of Corporate
Responsibility
- Sound agricultural practices from Rainforest Alliance
certification reduce costs
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- Reduced agrichemical use savings of more than $5 million
annually
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- Pallet recycling in European market reduced costs by $3 million
annually
- Other environmental benefits of RA certification
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- Reforestation conserves water and soils more than 1 million
trees planted
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- Groundcover reduces herbicide use
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- Better storage and closed systems to avoidagrichemical runoff
and improve safety
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- Improved waste managementreduces pollution
11. 3,000+ Tons of Plastic Recycled
- Worker gathers twine on a farm for recycling
- Twine and plastic are stored in warehouses prior to shipment in
recycling facilities
- Workers compress plastic for recycling
- The company used recycled plastic to construct this pedestrian
bridge in Costa Rica
12. Other CR Benefits
- Improved reputation &brand image
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- Chiquita brand is associated with high levels of corporate
responsibility
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- Lower risk of supply disruptions due to labor unrest
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- Lower risk of NGO or consumer activism
- Higher employee satisfaction
- Broadens investor base to SRI funds
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- Chiquita on SB20 Index for 4 consecutive years