Frigoglass

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We are the global leader in Ice Cold Merchandisers (ICM), providing our customers with a complete range of innovative merchandising solutions. Frigoglass is a strategic partner to the world’s top beverage brands. We are one of the global leaders in the Ice Cold Merchandisers (ICM) market and the principal supplier of glass packaging in the high growth markets of West Africa. Our bespoke coolers enhance our customers’ beverage branding and facilitate immediate beverage consumption. At the same time, our leading innovations in the field of green refrigeration enable our customers to meet their sustainability and carbon emissions reduction targets. With its footprint, Frigoglass is well established in the more mature European markets while it is evolving and establishing its position in emerging markets. We support our customers through manufacturing facilities in eight countries and an extensive network of sales and after-sales representatives. In our glass bottle business, we are focused on the markets in Africa and the Middle East, which are prime regions of investment for our customers. We aim to create value for our customers by building on our position as a leading supplier of glass bottles and complementary packaging solutions in West Africa and the Middle East.

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3.2

Overall Excellence Rating

Industry

Manufacturing

Category

Sustainability Leadership

ESG/Ethical Impact

Despite the challenges, we made solid progress across all our sustainability pillars and ambitious commitments. We won for the fifth consecutive year a distinctive Platinum rating from EcoVadis, a eading CSR rating agency. This recognition is highly valued by our stakeholders. The award represents the recognition of our responsible business practices in relation to Environment, Labor, Fair Business Practices and Sustainable Procurement, and places us in the top 1% of all suppliers assessed by their global platform. Since 2017, we measure our performance based on the most updated sustainability guidelines released by the Global Reporting Initiative (GRI Standards) in combination with UN Sustainable Development Goals (SDGs). Throughout the years, we have enhanced our sustainability reporting in each of our four core pillars, as defined through our materiality analysis – Marketplace, Environment, Workplace and Community. In Marketplace, we launched the new ICOOL 2.0 and Max product ranges in Europe that offer significant commercial and sustainability benefits to our customers. In Asia we also launched new products to strengthen our market position and expand our customer base, penetrating further the evolving white market. Among our key priorities, serving our customers on-time and –quality was ensured by transferring production from Romania to Russia plant, targeting to maintain business to the maximum possible extent uninterrupted. In parallel, our teams and suppliers worked together to tackle the challenges from continuing pandemic as well as secure availability of raw materials in our plant in Russia. Ongoing product standardization through and component outsourcing projects, together with procurement related initiatives, helped these efforts while also improving manufacturing efficiencies. Frigoserve delivered a resilient performance, establishing a new entity in Switzerland and expanding our cooperation with more partners across Europe. Augmented Reality technology deployment in all countries increased customer satisfaction and improved our efficiency. The launch of this tool allowed us to be closer to our customers and technicians even from distance, reducing business travels and related emissions while protecting Frigoglass people.

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Awards Received

2023

Revenues

$308,300,000.00

Website Traffic

Employee Rating

3.3

Customer Rating

3.7

Company Size

1000-5000

ESG Risk Rating

4

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