Jeronimo Martins (JRONF)

Overall impact
B (78)

Commentary

Jeronimo Martins is a strong overall performer. With a 'B' rating of 77.7 for overall impact (92nd percentile compared to all companies), Jeronimo Martins ranks 4th out of 62 industry peers, behind Woolworths, ICA Gruppen and Carrefour, and ahead of Brazilian Distribution, iFresh, Natural Grocers by Vitamin Cottage and 55 others. On top material causes for Jeronimo Martins's industry (Food & Beverage Retail), Jeronimo Martins performs well in No Poverty (95.7 score), Reduced Green House Gas Emissions (86.7), Disaster Readiness and Effective Aid (95.5) and 4 other causes where it received an 'A' score and performs poorly in Child and Maternal Health (31.0 score).
Impact
Cause JRONF
Peer rank
Overall impact

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Impact trend

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Company
Employees
124,800
Sector
Consumer Staples
Industry
Consumer Staples Distribution & Retail
Sub-industry
Food Retail
SASB industry
Food Retailers & Distributors
Headquarters
Portugal
Share classes
JRONF
JRONY
ADR
Description
Jerónimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally. It operates through Portugal Retail, Portugal Cash & Carry, Poland Retail, Poland Health and Beauty, and Colombia Retail segments. The company operates a chain of food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, Czechia, and Slovakia, as well as food stores under the Ara name in Colombia. It also operates supermarkets under the Pingo Doce banner; and cash and carry stores under the Recheio name in Portugal and the Bodega Del Canasto name in Colombia. In addition, the company operates restaurants under the Pingo Doce name; and para pharmacies and petrol stations under the Bem-Estar brand. Further, it operates coffee shops and kiosks under the Jeronymo name; and chocolates and confectionary retail stores under Hussel name. Additionally, the company engages in human resources top management, real estate management and administration, training, and saline brackish waters aquaculture; wholesale of fruit and vegetables; growing of citrus fruits; retail management, consultancy, and logistics activities; purchase and sale of real estate; growing of crops and animal farming; retail sale of health and beauty products; manufacture of milk and dairy products; rental of air transport equipment; and provision of business portfolio management, financial, and sea passenger water transport services. It is also involved in the trading and distribution of consumer goods; retail and wholesale food and consumer goods; wholesale of other food products; other business support service activities; and business portfolio management in wholesale and retail distribution. The company was founded in 1792 and is headquartered in Lisbon, Portugal. Jerónimo Martins, SGPS, S.A. is a subsidiary of Sociedade Francisco Manuel Dos Santos, S.G.P.S., S.A.
Material causes
Ethos considers the following causes material for Jeronimo Martins, based on its industry sub-industry Food Retail. Learn more about material causes in our methodology overview.

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