Company Announces Additional Sustainability
Initiatives
Blue Apron (NYSE: APRN) announces that it has met its commitment
to become carbon neutral by March 31, 2022, offsetting Scope 1,
Scope 2 and Scope 3 emissions as defined by the Greenhouse Gas
Protocol.
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the full release here:
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Blue Apron achieved its carbon neutral
goal and is now working towards implementing systematic reductions
designed to achieve a longer-term goal of net zero. (Graphic:
Business Wire)
Blue Apron achieved its goal through the purchase of carbon
offsets, based on an initial carbon footprint analysis conducted by
Aspiration.* The carbon credits were purchased from Aspiration, and
cover estimated upstream and downstream emissions that range from
sourcing, packaging and transporting Blue Apron’s products.
Blue Apron is now working towards implementing systematic
reductions designed to achieve a longer-term goal of net zero.
“Sustainability has always been part of our DNA and we believe
it’s important to conduct our business in a way that mitigates our
impact on the world around us,” said Linda Findley, Blue Apron’s
President and Chief Executive Officer. “Achieving our carbon
neutrality goal was one of our top priorities. While we are proud
of this achievement, we know that there’s more work for us to do,
along with others in the industry, to help ensure a better world
for future generations.”
Becoming carbon neutral is part of Blue Apron’s Better Living
Roadmap, the company’s plans to sustain, preserve and build on its
sustainability commitments.
“We believe that delivering delicious meals to our customers
around the country, while also playing a key role in promoting
planetary and dietary wellness for everyone is critical to our
vision of Better Living Through Better FoodTM,” added Findley. “Our
Better Living Roadmap is guiding us as we continue to develop our
plans to achieve our impact goals, while holding ourselves
accountable along the way.”
The Better Living Roadmap is focused on three categories:
People, Product and Progress.
People: Focus on the people behind Blue Apron - from
employees, to partners throughout its value chain, to its community
of customers. Plans include continuing to:
- Provide a safe and prosperous place for all employees,
including the ongoing development of career growth initiatives
along with offering competitive wages
- Support community programs, including ongoing partnerships with
regional food banks and offering employees access to high-quality
ingredients at little to no cost to them
Product: Build on value and sustainability efforts
customers have come to expect from Blue Apron. Plans include:
- Continued efforts to offer high-quality ingredients that are
responsibly sourced and adhere to animal welfare standards
- Ongoing efforts at reductions in waste, emissions and
packaging
Progress: Work to help ensure transparency and
accountability through governance and non-financial sustainability
disclosures. Planned efforts include:
- Continuing to evolve as a public company by striving to add
more diversity at all levels of the company
- Conducting an annual sustainability materiality assessment with
a broad cross section of senior internal stakeholders to help
identify key impact initiatives within the company
- Publishing an annual update on sustainability commitments,
including non financial disclosures in alignment with Task Force on
Climate-Related Financial Disclosures (TCFD), currently estimated
to start in 2023
To learn more about Blue Apron’s commitment, visit
cook.ba/carbon-neutral.
*Aspiration Sustainable Impact Services, LLC (“Aspiration”) is
affiliated with the company’s largest shareholder
About Blue Apron Blue Apron’s vision is Better Living
Through Better Food™. Launched in 2012, Blue Apron offers fresh,
chef-designed recipes that empower home cooks to embrace their
culinary curiosity, challenge their abilities in the kitchen and
see what a difference cooking quality food can make in their lives.
Blue Apron is a carbon-neutral meal-kit company and is focused on
bringing incredible recipes to its customers, while promoting
planetary and dietary wellness for everyone.
Forward Looking Statements This press release includes
statements concerning Blue Apron Holdings, Inc. and its future
expectations, plans and prospects, including its environmental,
sustainability and governance goals, that constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. For this purpose, any
statements contained herein that are not statements of historical
fact may be deemed to be forward-looking statements. In some cases,
you can identify forward-looking statements by terms such as "may,"
"should," "expects," "plans," “forecasts,” "anticipates," "could,"
"intends," "target," "projects," "contemplates," "believes,"
"estimates," "predicts," "potential," or "continue," or the
negative of these terms or other similar expressions. The company
has based these forward-looking statements largely on its current
expectations and projections about future events and financial
trends that it believes may affect its business, financial
condition and results of operations. These forward-looking
statements speak only as of the date of this press release and are
subject to a number of risks, uncertainties and assumptions
including, without limitation, the company’s ability, including the
timing and extent, to achieve and set its environmental,
sustainability and corporate governance goals and to adopt its
planned corporate governance reforms, on its anticipated timeframe
or at all; to successfully support the acceleration and execution
of its growth strategy, cost-effectively attract new customers and
retain existing customers, including its ability to sustain any
increase in demand resulting from both its growth strategy and the
COVID-19 (coronavirus) pandemic, and its ability to continue to
expand its direct-to-consumer product offerings, and to continue to
execute operational efficiency practices; changes in consumer
behaviors, tastes and preferences that could lead to changes in
demand, including as a result of, among other things, long-term
impacts of the COVID-19 pandemic on consumer behavior and the
impact of inflation or other macroeconomic factors on consumer
spending habits; the company’s ability to attract and retain
qualified employees and personnel in sufficient numbers, both
generally and in light of ongoing nationwide labor shortages as a
result of COVID-19 or otherwise; any material and adverse impact of
the COVID-19 pandemic on the company’s operations and results,
whether as a result of challenges in employee recruiting and
retention, any prolonged closures, or series of temporary closures,
of one or both of its fulfillment centers, or supply chain or
carrier interruptions or delays; the company’s expectations
regarding its expenses and net revenue and its ability to grow
adjusted EBITDA and to achieve or maintain profitability; the
company’s expectations regarding, and the stability of, its supply
chain, including potential shortages, interruptions and/or
increased costs in the supply or delivery of ingredients, and
parcel and freight carrier interruptions or delays and/or higher
freight or fuel costs, as a result of the COVID-19 pandemic or
otherwise; the company’s ability to effectively compete; the
company’s ability to maintain and grow the value of its brand and
reputation; the company’s ability to maintain food safety and
prevent food-borne illness incidents and its susceptibility to
supplier-initiated recalls; the company’s ability, including the
timing and extent, to sufficiently manage costs and to fund
investments in its operations in amounts necessary to maintain
compliance with financial and other covenants under its
indebtedness while continuing to support the execution and
acceleration of its growth strategy; the company’s ability to
comply with modified or new laws and regulations applying to its
business, or the impact that such compliance may have on its
business; the company’s vulnerability to adverse weather
conditions, natural disasters, and public health crises, including
pandemics; the company’s ability to protect the security and
integrity of its data and protect against data security risks and
breaches; the company’s ability to obtain and maintain intellectual
property protection; and other risks more fully described in the
company’s Annual Report on Form 10-K for the year ended December
31, 2021 filed with the SEC on February 25, 2022, and in other
filings that the company may make with the SEC in the future. The
company assumes no obligation to update any forward-looking
statements contained in this press release as a result of new
information, future events or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220405005502/en/
Media Contact Muriel Lussier Blue Apron
muriel.lussier@blueapron.com
Investor Contact Tip Fleming Blue Apron
tip.fleming@blueapron.com
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