Carrefour Ranked as the Leading French Retailer for Its CSR Commitments in Both the Dow Jones Sustainability Idx (DJSI) World...
December 09 2020 - 8:47AM
Business Wire
Regulatory News:
For the fourth year in a row, the Carrefour Group (Paris:CA)
is among the top five leading global retailers in the DJSI. The
DJSI is a leading family of indices which assess the results of the
CSR policies implemented by more than 3,500 companies throughout
the world. Carrefour has also been awarded a score of A- in the
CDP's Climate program, a B in its Forests program and an A- in its
Water program, confirming the leading role it is playing in
tackling climate change, fighting deforestation and protecting the
planet's water resources.
Launched in 1999, the DJSI is a leading family of indices
used to assess companies' non-financial performance. It is
based on an in-depth assessment of the environmental, social and
governance factors (ESG) that are the most important from a
financial perspective. Only the best-performing companies in terms
of sustainability are selected for inclusion in the DJSI World and
Europe indices. Carrefour's inclusion in the DJSI is recognition of
its exemplary corporate social responsibility practices and of its
aim of becoming the leader in the food transition for all. Indeed,
the Group's score was 4 points better in 2020, increasing from 73
to 77/100 at a time when the DJSI's assessment methodology is
becoming increasingly demanding. This improvement is evidence of
the Group’s leadership role in customer relations, climate change
and responsible management of its supplies and operations.
The Carbon Disclosure Project is an international non-profit
organisation, an online platform that enables companies and cities
to disclose data about their environmental impact. A is the best
score, and more than 9,500 companies disclosed their data in
2020.
This ranking is recognition of the main results and commitments
for 2020:
● Carrefour was awarded an A- in recognition of its drive to cut
its greenhouse gas emissions in 2020, confirming its exemplary role
in tackling climate change. Furthermore, the retailer has raised
its targets to cut its greenhouse gas emissions, approved by the
Science Based Targets initiative.
● Carrefour has also improved its score in tackling
deforestation – this year, it was awarded a B in the CDP “Forest”
category (as opposed to a B- in 2019). Carrefour launched the
"Forest Positive Coalition of Action" initiative as part of the
Consumer Goods Forum, made up of more than 400 global retailers and
manufacturers. Alexandre Bompard, the Group's CEO, took over joint
management of this coalition in 2020, speeding up efforts to
eliminate deforestation in food supply chains. (CGF Forest Positive
Coalition)
● In 2020, Carrefour joined forces with 14 EU member states, as
well as a number of major companies and NGOs, and signed the
European Plastics Pact (Launch of the European Plastics Pact). The
Group has already saved 5,600 tons of packaging since 2017 (as of
the first half of 2020), and has set itself the target of saving
10,000 tons by 2025.
● Carrefour has launched the Loop returnable packaging
initiative on its e-commerce sites – a world first in the retail
sector. The project involves major brand products being sold in
reusable and returnable packaging. (Loop Store)
● Carrefour is the first retailer to propose to its major
suppliers that they sign the "Food Transition Pact", whereby they
commit to targets in terms of nutrition, eliminating the use of
questionable substances, packaging and climate. 24 major
international companies have already joined forces with Carrefour
to pursue joint initiatives in these areas. (Food Transition Hub |
Carrefour Group)
● Carrefour has confirmed its target of cutting 50% of its food
waste by 2025 (compared with 2016 levels) and has already achieved
an 8% reduction as of the first half of 2020 (compared with the
first half of 2019). This year, 70.9% of the waste generated by our
stores was recycled, up from 66.5% at the end of 2019.
About the Carrefour Group With a multi-format network of
some 12,300 stores in more than 30 countries, the Carrefour Group
is one of the world's leading food retailers. The Group recorded
revenue of €80.7 billion in 2019. It has more than 320,000
employees who help to make Carrefour the world leader in the food
transition for everyone, providing everybody with access to
high-quality, affordable food every day, no matter where they are.
For more information, visit www.carrefour.com, or find us on Twitter
(@GroupeCarrefour) and LinkedIn (Carrefour).
For more information about the DJSI, visit the RobecoSAM website
and read the DJSI press release. For more information about the
CDP, visit https://www.cdp.net/en
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Investor Relations Selma Bekhechi, Anthony Guglielmo and
Antoine Parison Tel : +33 (0)1 64 50 82 57
Shareholder Relations Tel : 0 805 902 902 (toll-free in
France)
Group Communication Tel : +33 (0)1 58 47 88 80
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