The top ESG stories of 2024
December 10, 2024
As a purpose-led business, ESG is routed in everything we do and is also something we talk about a lot – like a lot, a lot.
But you keep coming back for more and each year, our stories routed in ESG continue to be some of the top stories of the year on Flip.
What is ESG exactly?
The ‘E’ stands for environmental, taking care of the planet. The ‘S’ stands for social, taking care of the people on the planet. The ‘G’ stands for governance, doing all these things really well.
But it’s really simple – it’s about doing the right thing and leading with our purpose, to help Canadians Live Life Well®. As Canada’s largest retailer and private-sector employer, we need to play an active role in the long-term sustainability of the communities we serve. Here are your top ESG stories of 2024:
ESG by the numbers – Our 2023 ESG Report(Open in a new tab) was released back in May and we delivered an executive summary featuring 10 (and a half) numbers highlighting our achievements. Some of these 2023 successes included our $43,990,000 capital investment in carbon reduction initiatives; 64% of our control brand and in-store plastic packaging being compliant with the Golden Design Rules; and 47 million pounds of food donated through our Feed More FamiliesTM program.
Native Plants: Giving nature a helping hand – We kicked off our garden centre season talking about native plants, which help to foster local ecosystems. As an added bonus, native plants are easier to grow and keep healthy, as well as being pretty to attract pollinators.
The power of giving – President’s Choice Children’s Charity is on a mission to feed one million kids and in September, our customers lent a hand without having to spend extra. By purchasing their favourite PC products during the Get to Give campaign, Loblaw donated a portion of proceeds to the Charity, totaling $2 million.
Cheers to telling the important ESG stories as we continue to deliver on our key priorities – fighting climate change and advancing social equity – in 2025!