Albertsons yesterday launched what it called "long-term goals and strategies focused on maximizing the company’s positive impact across four pillars: Planet, People, Product, and Community. The company’s new Environmental, Social and Governance (ESG) framework, called 'Recipe for Change,' further solidifies Albertsons Cos.’ commitment to using its national presence and resources to drive meaningful, proactive change."
“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 Vivek Sankaran, CEO of Albertsons Cos. “Today, we are unveiling ambitious and measurable goals that will challenge us to be even more deliberate and creative about how we lead positive change.”
According to the announcement, Chief Sustainability and Transformation Officer, Suzanne Long, will oversee execution of Albertsons Cos.’ ESG strategy and sustainability agenda.
Among the company's priorities and goals:
• "Albertsons Cos. is committed to fighting climate change by reducing carbon emissions through science-based targets … 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 … (and) Achieve Net Zero emissions in company operations by 2040."
• "Albertsons Cos. is committed to cultivating a diverse workforce and providing equal opportunity for all associates … 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 … (and) Ensure all associates have equal access to opportunities and resources."
• "Albertsons Cos. is committed to eliminating food waste, reducing the use of plastic, and accelerating our transition to a more circular economy … Zero food waste going to landfill by 2030 … (and) Leverage global partnerships and platforms to report on and achieve the company’s Plastics & Packaging Pledge goals."
• "Albertsons Cos. is committed to reducing food insecurity at a local level, so all its neighbors thrive … Enable the donation of one billion meals by 2030 … (and) Champion innovative programs and partnerships to help break the cycle of hunger in the communities we serve."