ICA Gruppen releases its 3Q FY2016 sustainability report

Solna, Sweden, 2016-Nov-10 — /EPR Retail News/ — ICA Gruppen adresses important issues and initiatives regarding the environment, quality, ethical trade, health and community engagement in the sustainability report for the third quarter of 2016.

“Most of what we do in the area of sustainability involves long-term initiatives and continuous improvements. But on top of this we do not hesitate to try novel – and sometimes even unconventional – approaches. These include, without a doubt, our Klimaträtt (“Climate right”) project, which we have been conducting in partnership with WWF, Chalmers University of Technology and Uppsalahem, among others. In September the UN announced that Klimaträtt has been awarded as one of most innovative and scalable examples of what companies can do create digital solutions for reduced environmental impact,” comments Per Strömberg, President and CEO of ICA Gruppen.

Read more about the following and other news in the sustainability report:

  • Continued strong sales of organic products
    Sales of organic products continued to rise during the third quarter. Intotal, sales of organic products from ICA Sweden’s central assortmentgrew 16% (2%) during the quarter compared with the correspondingperiod a year ago. On a rolling 12-month basis, sales growth fororganic products was 19%.
  • ICA Gruppen’s Klimaträtt (“Climate right”) project wins UN award
    In the jury’s citation, Klimaträtt is described as one of most innovative and scalable global examples of what companies can do to address and create solutions for reduced environmental impact.
  • Juice and marmalade from 10,000 kg of fruit
    In partnership with the Helsingborg-based company Rescued Fruits, ICA Sweden has taken care of 10,000 kg of fruit that would otherwise have been discarded from ICA’s warehouses. The left-over fruit has instead been made into fruit drink and marmalade sold under ICA’sprivate label.
  • Stronger sustainability focus in management and board
    To further strengthen ICA’s sustainability work, Kerstin Lindvall wasnamed Chief Corporate Responsibility Officer and as a member of ICA Gruppen’s Management Team. In conjunction with this, a sustainability committee is being formed in ICA Gruppen’s board to increase focus on CR issues.

This information is such that ICA Gruppen AB is obligated to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication at 08:00 CET on Thursday, November 10, 2016.

For more information:
ICA Gruppen press service
Telephone number: +46 10 422 52 52

Source: ICA Gruppen