Better Health for All

Fresh Del Monte's core business of fresh fruit and vegetables provides significant health benefits, with a substantial majority of their product portfolio delivering positive health outcomes. However, the company experienced a notable safety incident within the past three years, recalling fresh-cut products in 2022 due to potential Salmonella contamination.

The company's operations do not involve healthcare-related patents, products with addiction potential, or clinical trials.

Fair Money & Economic Opportunity

Fresh Del Monte Produce Inc. is a global producer and distributor of fresh produce, not a financial institution.

The company does not offer lending, deposit services, or other financial products to consumers. Therefore, all KPIs related to financial services, such as underserved client share in lending, pricing fairness of financial products, revenue from high-cost financial products, loan/insurance book inclusion, customer financial data accessibility, fair lending compliance, customer wealth building outcomes from financial products, community finance reinvestment, financial literacy initiatives, customer debt burden ratios, and geographic inclusion for financial access points, are not applicable. The company's community development initiatives, including livelihood programs, health clinics, and educational sessions on topics like child development and home care, while beneficial, do not align with the specific financial services focus of this value's KPIs.

Fair Pay & Worker Respect

In 2024, Fresh Del Monte Produce Inc.'s CEO-median employee pay ratio was 1112:1

, with the CEO receiving $8,857,945 in total compensation and the median employee earning $7,965 . Employee feedback on Glassdoor indicates an overall employee rating of 3.4 out of 5 stars (68%) based on 267 reviews . Additionally, 55% of employees would recommend working at the company , and 46% approve of the CEO .

Fair Trade & Ethical Sourcing

The provided articles do not contain specific quantitative data points for any of the requested Fair Trade & Ethical Sourcing KPIs. While one article mentions Fresh Del Monte's aim to sell Fairtrade certified organic bananas

and highlights the standards associated with such certification , it explicitly states that it does not provide quantitative data relevant to the metrics .

Honest & Fair Business

In 2023, Fresh Del Monte incurred $3,919 in ethics-related regulatory fines across seven instances, including for wastewater treatment systems in Costa Rica, water rights in Chile, and exceeding pH levels in pre-treatment water in the US.

The company maintains a non-retaliation policy and provides a 24/7 Speak-Up Line, staffed by an independent third party, available in over 300 languages for confidential and anonymous reporting of concerns, with the Audit Committee establishing procedures for such submissions. Fresh Del Monte also has a Global Anti-Bribery and Anti-Corruption Policy that includes training for all employees, is regularly updated and monitored by a designated compliance officer, and prohibits facilitation payments without prior General Counsel approval, while expecting third parties to comply with anti-corruption laws such as the US FCPA and UK Bribery Act.

Kind to Animals

Fresh Del Monte has planted over 2.4 million trees globally since 2016

and designates over 8,000 hectares of its land as protected forests. The company maintains biological corridors and supports wildlife refuges, with efforts leading to the identification of over 400 bird and 51 mammal species in project areas. Preliminary studies indicate these conservation efforts have helped wildlife and protected biodiversity. Fresh Del Monte operates one poultry farm in Jordan, where it states animal welfare and food safety are carefully monitored. The company provides adequate feed, water, light, space, sanitation, and on-site veterinarians to protect poultry. However, there is no evidence of environmental enrichment or specific provisions for natural behavior enablement.

No War, No Weapons

Fresh Del Monte Produce Inc. prohibits its third parties from engaging in transactions with persons or entities sanctioned under UN, EU, US, or Swiss regulations, and from acquiring prohibited equipment or services.

The company also verifies that its third parties are not on denied persons or blocked persons lists related to terrorism, human rights violations, or weapons proliferation. As a food producer, the company has no defense business to oversee, nor is it subject to the Arms Trade Treaty. There is no evidence of exposure to controversial weapons.

Planet-Friendly Business

Fresh Del Monte Produce achieved its SBTi-approved Scope 1 and 2 emissions reduction targets ahead of its 2030 goal, with a 28% reduction by 2023.

The company also has a 12.3% Scope 3 emissions reduction target by 2030. In 2022, 21% of global electricity consumption was sourced from renewables. The company diverted 93% of its food waste from landfills in 2022. Biodiversity efforts include implementing regenerative agriculture on 29.7% of owned farms and planting 2,487,847 trees since 2016, nearing its 2.5 million tree goal by 2025. No environmental compliance violations were reported.

Respect for Cultures & Communities

Fresh Del Monte Produce Inc. has no reported cultural appropriation incidents, regulatory actions, violations, fines, or compliance issues mentioned in the provided articles.

The company supports local communities through various initiatives, including funding 45 clinics/medical centers and supporting over 50 schools. Specific activities include a medical camp in Kenya on October 18, 2023, an office opening in Costa Rica on September 19, 2023, a food insecurity initiative in Texas on December 1, 2022, a women's health initiative in Kenya on November 20, 2020, and a biodiversity partnership on November 4, 2020.

Zero Waste & Sustainable Products

Fresh Del Monte diverted 90% of its global food waste from landfill in 2020.

The company has achieved a 70% reduction in virgin plastic in consumer packaging , which includes an 85-90% plastic reduction in banana packaging and a 78.5-90.3% reduction by replacing plastic clamshells with paper cups for fresh-cut fruit . Over 85% of its packaging is composed of paper and wood pallets. The post-consumer recycled content in highly consumed secondary packaging is 24%. The company has implemented numerous waste reduction initiatives, such as employee-driven ideas to reduce food waste, upcycling byproducts, converting pineapple residues into biofertilizers , introducing reusable plastic containers for banana shipments , and redesigning banana boxes. Fresh Del Monte has company-wide waste reduction targets with timelines, including a goal to reduce virgin plastic in consumer packaging by 25% by 2025 , to double recycled content in highly consumed secondary packaging by 2026 , and to reduce food loss and organic waste to landfill by 50% by 2023, which was achieved. The company also educates consumers through product labels providing sustainability information and a "Bunch of Good" campaign.