Albertsons has released its 2023 Environmental, Social and Governance (ESG) Report, “highlighting the company’s ESG progress and reaffirming its commitments to fight food insecurity in local communities and embed sustainability practices across its operations.”
Highlights include:
• “Albertsons Cos. is committed to letting science and technology lead the way to reduce carbon emissions across its operations and value chain. Reduced carbon emissions in operations by 21 percent between 2019 and 2022 … Completed more than 1,100 energy efficiency projects across its operations in 2022 to reduce energy demand. Projects included installing LED lighting retrofits, doors on refrigerated cases, building management systems and more … Completed more than 85 refrigeration projects across its operations in 2022 to transition stores to lower global warming potential refrigerants … Recycled more than 850 million pounds of cardboard and 27 million pounds of plastic film and bags in 2022.”
• “Albertsons Cos. is committed to eliminating food waste going to landfills, reducing the use of plastic and packaging in Own Brands products and accelerating a transition to a more circular economy … Achieved the goal to provide standardized recycling communications on more than 7,000 Own Brands packaged products through How2Recycle labels and QR codes.”
• “Albertsons Cos. is committed to cultivating a diverse workforce and fostering an inclusive culture that embraces differences and provides equal opportunity for all associates … Launched a company-wide inclusion index, which enables associates to share their individual perspectives and help foster a culture where everyone is treated with courtesy, dignity and respect … Launched the company’s eighth associate resource group, DiverseABILITY, which focuses on providing awareness, celebration and opportunities for people with diverse abilities, their caretakers and allies.”
KC’s View:
All good stuff, the only downside being that somebody probably will sue Albertsons over its Diversity, Equity & Inclusion (DEI) initiatives, saying that it is bad for business.
The post Albertsons Highlights ESG Progress In New Report appeared first on MNB.
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