Sprouts Farmers Market Releases 2023 Impact Report

Rhea-AI Summary

Sprouts Farmers Market released its 2023 Impact Report highlighting its commitment to Impactful Products, Thriving Planet, Purposeful People, and Healthy Communities. The report showcases achievements in sales of healthy products, sustainability goals, employee development, and community support.

Positive

• Sales of healthy fruits and vegetables accounted for 19% of total sales.

• $3.3 billion in sales of products with social or environmental attributes.

• Achieved a 30% organic sales penetration in Sprouts Brand products.

• Generated $225 million in local produce sales from 170 farmers.

• Reduced carbon emissions intensity by 25% per square foot by 2033.

• Avoided 130 million single-use bags and achieved a 70% landfill diversion rate.

• Recovered 70 million pounds of food through donation and composting programs.

• Promoted 21% of team members and created 3,000 new jobs.

• 64% of store manager positions filled with internal candidates.

• Delivered 17,000 leadership training hours and paid $21 million in bonuses to field team members.

• Engaged 3 million kids in nutrition education programs and donated 37 million pounds of food.

• Donated 5,500 service hours and awarded $20 million to local nonprofit partners.

Negative

• None.

PHOENIX--(BUSINESS WIRE)-- Sprouts Farmers Market, one of the largest and fastest growing specialty retailers of fresh, natural, and organic food in the United States, today published its 2023 Impact Report showcasing the healthy grocer’s work curating Impactful Products, ensuring a Thriving Planet, developing Purposeful People, and supporting Healthy Communities.

Sprouts Farmers Market, one of the largest and fastest growing specialty retailers of fresh, natural, and organic food in the United States, today published its 2023 Impact Report showcasing the healthy grocer’s work curating Impactful Products, ensuring a Thriving Planet, developing Purposeful People, and supporting Healthy Communities. (Photo: Business Wire)

“Our company purpose to help people live and eat better is brought to life by our 32,000 team members every day,” said Brandon Lombardi, chief sustainability officer of Sprouts Farmers Market. “I’m honored to share some of the ways our teams across the business cared for one another, our communities, and the planet in 2023.“

Highlights from Sprouts’ 2023 Impact Report include:

Impactful Products

• 19% of total sales from healthy fruits and vegetables
• $3.3 billion in sales of products with a social or environmental attribute
• 30% organic sales penetration in Sprouts Brand products
• $225 million in local produce sales from a network of 170 farmers

Thriving Planet

• 25% per square foot carbon emissions intensity reduction target in our operations by 2033
• 130 million single-use bags avoided
• 70% landfill diversion rate
• 70 million pounds of food recovered through donation, animal feed, and composting programs

Purposeful People

• 21% of team members promoted and 3,000 new jobs created
• 64% of store manager positions filled with internal candidates
• $21 million in bonuses paid to field team members
• 17,000 leadership training hours delivered

Healthy Communities

• 3 million kids participated in Sprouts Healthy Communities Foundation nutrition education programs
• 37 million pounds of food donated; the equivalent to 29 million meals
• 5,500 service hours donated by Sprouts team members
• $20 million awarded to local nonprofit partners in communities in which Sprouts operates since 2015

Learn more about Sprouts’ sustainability efforts and review the full 2023 Impact Report at sprouts.com/sustainability.

About Sprouts Farmers Market, Inc.

True to its farm-stand heritage, Sprouts offers a unique grocery experience featuring an open layout with fresh produce at the heart of the store. Sprouts inspires wellness naturally with a carefully curated assortment of better-for-you products paired with purpose-driven people. The healthy grocer continues to bring the latest in wholesome, innovative products made with lifestyle-friendly ingredients such as organic, plant-based and gluten-free. Headquartered in Phoenix, and one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the United States, Sprouts employs approximately 32,000 team members and operates more than 410 stores in 23 states nationwide. To learn more about Sprouts, and the good it brings communities, visit about.sprouts.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240430695979/en/

480.263.0441, media@sprouts.com

Source: Sprouts Farmers Market

FAQ

What is Sprouts Farmers Market's 2023 Impact Report about?

The report highlights the company's achievements in sales of healthy products, sustainability goals, employee development, and community support.

How much of Sprouts Farmers Market's total sales come from healthy fruits and vegetables?

19% of total sales come from healthy fruits and vegetables.

What is the carbon emissions intensity reduction target set by Sprouts Farmers Market for 2033?

Sprouts Farmers Market aims to reduce carbon emissions intensity by 25% per square foot by 2033.

How many new jobs were created by Sprouts Farmers Market in 2023?

Sprouts Farmers Market created 3,000 new jobs in 2023.

How many hours of leadership training were delivered by Sprouts team members?

Sprouts team members delivered 17,000 hours of leadership training.

How much money has Sprouts awarded to local nonprofit partners since 2015?

Sprouts has awarded $20 million to local nonprofit partners since 2015.