Kroger continues to up the stakes in terms of its social and environmental responsibilities. In the company’s most recent environmental, social, and governance (ESG) report, Kroger laid down key strategies to help bolster both its commitment to sustainability and investing in minority-owned businesses.
"Our annual ESG report underpins Kroger's vision to serve America through food inspiration and uplift," said Rodney McMullen, Chairman and CEO. "We are committed to continuing to integrate ESG metrics into our business strategy, driving shared value for our associates, customers, communities, and company. We're pleased to share Kroger's latest performance on key topics, including our 2020 sustainability goals and Zero Hunger | Zero Waste metrics. We also look to what lies ahead, and we're proud to announce the first of several new priorities and commitments that will help affirm Kroger's sustainability leadership through the next decade and beyond."
The report explained that one of Kroger’s top priorities is to have its packaging be 100 percent recyclable, compostable, or reusable by 2030.
The company also announced a $3.4 billion investment in minority- and women-owned businesses in 2019—a 30 precent increase in two years.
"As the largest grocery retailer in America, Kroger is committed to being a force for good in the communities we serve," said Keith Dailey, Group Vice President of Corporate Affairs and Chief Sustainability Officer. "Our Purpose—to Feed the Human Spirit—continues to guide how we operate our business, care for our communities, and deliver value to all our stakeholders. We're proud of our progress in 2019 and remain committed to our vision of a future with Zero Hunger | Zero Waste."
For full details of the report, click here.
As Kroger continues to invest in key sectors, Deli Market News will report on its latest strategies.