Energy Efficiency, GHG Emissions - April 21, 2022
Albertsons Updates 2030 Goals
Albertsons Companies announced plans to achieve net zero emissions in its operations by 2040 and launched long-term goals and strategies focused on maximizing the company’s new Environmental, Social and Governance (ESG) framework.
The company will also achieve Science Based Targets initiative approved carbon emissions reduction goals by 2030, reduce carbon emissions from company operations by 47%, lower downstream carbon emissions from the use of sold goods by approximately 27% and engage with top suppliers to set science-based carbon reduction targets by 2026.
“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. in a statement. “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.”
The company’s Chief Sustainability and Transformation Officer, Suzanne Long, will oversee the execution of Albertsons Cos.’ ESG strategy and sustainability agenda. Long has been in retail and consulting for more than 25 years and has led a variety of major strategic initiatives at Albertsons Cos.
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