American food and drug retailer Albertsons Companies has released its 2023 Environmental, Social and Governance (ESG) Report for the fiscal year 2022.
As per the report, Albertsons reduced carbon emissions across its operations by 21% between 2019 and 2022.
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With an aim to reduce energy consumption, the retailer completed more than 1,100 energy efficiency projects last year.
Among others, projects completed include the installation of LED lighting retrofits, doors on refrigerated cases and building management systems.
Last year, the retailer also completed more than 85 refrigeration projects to move to what it claimed to be low global warming potential refrigerants.
Albertsons’ 2023 ESG Report also revealed that it recycled more than 850 million pounds (mlb) of cardboard and 27mlb of plastic film and bags.
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By GlobalDataIn addition, the retailer successfully standardised recycling communications on more than 7,000 Own Brands packaged products through How2Recycle labels and QR codes.
Albertsons chief sustainability and transformation officer Suzanne Long said: “The progress we saw in 2022 would not have been possible without the passion and dedication of our associates. Because of them, we made meaningful changes that improved business performance while reducing our emissions, building belonging with our team members, lessening food waste going to landfill and addressing food insecurity.
“In the year ahead, we plan to expand our engagement for Recipe for Change, including partnering with our vendors to drive industry change and increasing customer involvement in achieving our goals. By bringing others along on our journey, we can make change a reality.”
In July this year, Albertsons reported $24.1bn in net sales and other revenue for the first quarter (Q1) of fiscal year (FY) 2023.
