Albertsons Companies Announces ESG Goals and Long-Term Strategies to Support a More Sustainable Future
Company commits to achieving net zero in its own operations by 2040, lays out plans to eliminate food waste going to landfill, increase workforce diversity, and help lead the fight against food insecurity
“As a long-standing neighborhood grocer, we have an ongoing commitment to leverage our resources and expertise to support the communities we serve and the planet we share,” said
The company’s Chief Sustainability and Transformation Officer,
“Albertsons Cos. has made substantial progress driving sustainability practices in our operations, including reducing energy and fuel consumption, implementing recycling programs, and fighting food insecurity in our local neighborhoods,” said Long. “Recipe for Change is about broadening our existing commitments so we can have an even greater impact.”
The company’s new ESG platform includes the following priorities and goals:
PLANET –
Climate Action:
-
Achieve Science Based Targets initiative approved carbon emissions reduction goals by 2030.
-
Reduce carbon emissions from company operations by
47% . -
Reduce downstream carbon emissions from the use of sold goods by approximately
27% . - Engage top suppliers to set science-based carbon reduction targets by 2026.
-
Reduce carbon emissions from company operations by
- Achieve Net Zero emissions in company operations by 2040.
PEOPLE –
Diversity, Equity & Inclusion:
- Increase diverse representation within our management to reflect the rich diversity of the communities we serve.
- Foster an inclusive culture that embraces differences and drives innovation to accelerate growth.
- Ensure all associates have equal access to opportunities and resources.
PRODUCT –
Waste Reduction & Circularity:
- Zero food waste going to landfill by 2030.
-
Leverage global partnerships and platforms to report on and achieve the company’s Plastics & Packaging Pledge goals, including:
-
By 2025, all Own Brands product packaging will be
100% recyclable, reusable, or industrially compostable. -
By 2025, Own Brands plastic packaging will include
20% recycled content. - By 2022, Own Brands packaging will include standardized recycling communications.
-
By 2025, all Own Brands product packaging will be
COMMUNITY –
Nourishing Neighbors:
- Enable the donation of one billion meals by 2030.
- Champion innovative programs and partnerships to help break the cycle of hunger in the communities we serve.
About
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