MASHINIi

BAKKAVOR GROUP PLC.

BAKK.LSE | Manufacture of prepared meals and dishes

Bakkavor Group PLC is a leading international food manufacturing company specializing in fresh prepared foods. The company develops and produces a wide range of chilled ready meals, salads, desserts, pizza, and bread for major retailers. Bakkavor operates primarily in the United Kingdom, the United ...Show More

Ethical Profile

Mixed.

Not enough information to create an ethical profile.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-40
-100100
Respect for Cultures & Communities50
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products10
-100100

Better Health for All

0

No evidence available to assess BAKKAVOR GROUP PLC on Better Health for All.

Fair Money & Economic Opportunity

0

Bakkavor Group PLC is a food manufacturing company, not a financial institution. The ethical value 'Fair Money & Economic Opportunity' specifically evaluates how financial institutions democratize access to fair financial services. As Bakkavor does not offer lending, insurance, deposit services, or other financial products to consumers, all KPIs related to financial services, customer financial outcomes, APRs, fee structures, and loan books are not applicable. Evidence regarding product pricing, employee wellbeing programs, or the company's own debt does not align with the specific criteria of these financial-sector-focused KPIs.

Fair Pay & Worker Respect

0

The median gender pay gap for 2024 was 4.9%, meaning women earned 95.1% of men's pay, an improvement from 6.4% in 2023.

1
The Employee Engagement Survey (EES) score increased to 75.1% in FY24.
2
,
3
,
4
In 2024, the company reported incidents of fraudulent employment contracts and individuals paying recruitment fees at its London site, which were reported to the Gangmasters & Labour Abuse Authority (GLAA) and Action Fraud.
5
Additionally, the company stated that despite finding ILO indicators of forced labor, it did not provide financial remediation, including repayment of recruitment fees.
6

Fair Trade & Ethical Sourcing

0

No evidence available to assess BAKKAVOR GROUP PLC on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-20

The company has a comprehensive Whistleblowing Policy that applies to the entire Group, offering a 24/7/365 "Speak Up" hotline in 15 languages

1
for reporting concerns, with cases investigated thoroughly in 2023
2
and monitored by the Board
3
. Audit coverage from full scope and specified procedures is 69% of Group revenue
4
. Six out of nine Non-executive Directors are independent
5
, representing 66.67% of the board. An Anti-Bribery and Business Ethics Policy is in place
6
, which was reviewed and updated in 2024
7
, with mandatory refresher training for all salaried staff
8
. The Procurement team assesses supply chain partners for corruption and bribery risk
9
. In 2024, a verification program covering 33% of procurement spend was completed using an independent third-party human rights expert
10
, and sustainable commodities purchasing data is submitted to independent advisers for verification
11
.

Kind to Animals

0

No specific, measurable evidence was found in the provided articles that directly aligns with the quantitative thresholds and scope defined by the rubric's KPIs for 'Kind to Animals'. While articles mentioned general animal welfare policies, commitments to deforestation-free sourcing for commodities like soy and palm oil, and cage-free egg targets/achievements, this information did not provide the required percentages for certified cruelty-free products, non-animal testing usage, humane certified operations, wildlife conservation impact (as a percentage of revenue or specific metrics), ethical input substitution (replacing animal-derived ingredients), supplier audits for welfare compliance, or a consolidated percentage for all cage-free animal products (eggs, poultry, and other animal products). Similarly, information on animal testing policies, volumes, innovation investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement was either absent, too general, or did not meet the specific quantitative or definitional requirements of the KPIs.

No War, No Weapons

0

Bakkavor Group PLC is a food manufacturing company, and the provided articles contain no evidence of its involvement in arms manufacturing, military contracts, or conflict facilitation. Consequently, KPIs related to revenue from arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investment, conflict divestment policy, board oversight of defense, export end-user certification, defense-related lobbying, humanitarian procurement standards (in a defense context), Arms Trade Treaty compliance, AI military safeguards, dual-use item screening, ethical red lines for weapons, exposure to controversial weapons, war-risk audits, annual conflict partner reviews, defense divestment, conflict minerals, peace technology investment, conflict zone procurement, or ethical red lines compliance (in a defense context) are not applicable to its core business and show no relevant activity. Bakkavor supports the UN Guiding Principles (UNGP)

1
and measures its activities against the UNGP framework using Stronger Together’s ‘Tackling Modern Slavery – Good Practice Implementation Checklist’. The company achieved an overall score of 79% on the Stronger Together Progress Monitoring Tool in 2024, maintained from 2023.
2
Stronger Together is an external business partner, and these scores are publicly available in Bakkavor’s Modern Slavery Statements.
3

Planet-Friendly Business

-40

Bakkavor Group's science-based targets were validated by the SBTi in 2024

1
, aligning with a 1.5°C pathway
2
, including near-term targets for 42% absolute Scope 1, 2, and 3 emissions reduction by 2030
3
. The company's total Scope 1, 2 (market-based), and 3 (energy and industry) greenhouse gas emissions were 964,570 tCO2e in 2024
4
, representing a 0.58% decline from 2023
5
. Bakkavor has committed to achieving net-zero carbon emissions across Group operations by 2040
6
and across the full value chain by 2050
7
. The 2024 Annual Report includes disclosure against the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)
8
, and the company has undertaken a climate scenario analysis
9
. Bakkavor has a formal policy for 100% deforestation and conversion-free sourcing of palm oil, soy, beef, and wood pulp by 2025 for its UK operations
10
. As of 2023, 99.7% of UK-sourced palm oil was RSPO Segregated
11
, 100% of timber for primary and secondary packaging was certified
12
, and 100% of beef was from low deforestation-risk origins
13
. However, only 5.4% of soy volume was verified deforestation and conversion-free
14
, with 84.8% in transition
15
.

Respect for Cultures & Communities

50

The company's sites supported 29 different charities in 2024.

1
through its Matched Giving Scheme, which matches local fundraising up to £2,500 per site annually.
2
This scheme enables sites to form partnerships with local charities, schools, and hospices.
3

Safe & Smart Tech

0

No evidence available to assess BAKKAVOR GROUP PLC on Safe & Smart Tech.

Zero Waste & Sustainable Products

10

Bakkavor's UK sites achieve zero waste to landfill.

1
The company reports that 100% of its plastic packaging is either reusable or recyclable, and 99.7% of its UK business's packaging is recyclable.
2
The average recycled content in UK plastic packaging was 50.7% in 2024.
3
Since 2021, plastic usage in the UK has fallen by 23.9%, equivalent to 4,868 tonnes, with over 228 million pieces of plastic removed from packaging between 2021 and 2024.
4
Bakkavor aims to halve UK food waste by 2030 from a 2017 baseline, having already achieved a 44.2% reduction.
5
Waste reduction initiatives include real-time tracking tools, a food waste taskforce, expanding surplus redistribution through partnerships like FareShare and staff shops, diverting food to animal feed, and eliminating 320 tonnes of sponge trim waste annually at one dessert site.
6
UK sites conduct monthly food waste monitoring.
7
Circular design principles are applied to product packaging to reduce plastic, incorporate recycled content, and prioritize recyclability, including a trial for circular food trays and circular sponge manufacturing processes.
8

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.