Kesko ranked 31st on the Global 100 Most Sustainable Corporations in the World list; the only Finnish company included in the list every year

Helsinki, Finland, 2018-Jan-25 — /EPR Retail News/ — Kesko has been ranked 31st on the Global 100 Most Sustainable Corporations in the World list, and as the most sustainable trading sector company in the world. Kesko is the only Finnish company to be included in the list every year since it was established in 2005.

“We at the K Group have always believed in the power of sustainability and have been open-mindedly working towards it for decades. Responsible actions originated with our retailers and our comprehensive corporate responsibility work expanded from there. We wish to make sustainable choices easier for the consumers. We firmly believe that welfare in the society around us also means welfare for the K Group. We highly value this recognition and will continue our determined work towards a better society and better environment”, says Mikko Helander, Kesko’s President and CEO.

The Global 100 list is prepared by the Canada-based Corporate Knights Inc. and it is based on a global evaluation of 5,994 publicly listed companies. Companies were evaluated on a set of up to 17 environmental, social and governance indicators.

The list represents the top companies in the world in terms of sustainability. The 2018 Global 100 list was published today at the World Economic Forum in Davos, Switzerland. Last year, Kesko ranked 25th.

Sustainability demands actions 

In autumn 2017, Kesko rose to the world’s most prestigious sustainability indices, the DJSI World and the DJSI Europe.

Also in 2017, Kesko was the first Finnish company to set science-based targets for reducing the emissions resulting from its facilities, transportation use, and supply chains. To achieve the ambitious emission reduction targets, Kesko is increasing its use of renewable energy while also improving its energy efficiency.

K Group systematically invests in renewable energy. Since the beginning of 2017, all electricity purchased by Kesko in Finland has been renewable. Twenty solar plants are already in operation on K-store rooftops.

K Group promotes circular economy with various actions. For example, inedible food waste is collected from 200 K-food stores and Kesko’s central warehouse and made into biogas, which is then used as energy in the manufacture of new Pirkka products. K Group is constantly developing new operating models for the recycling and reuse of plastics to prevent plastics from ending up in waters and nature.

Further information is available from Matti Kalervo, Vice President of Corporate Responsibility, tel. +358 50 306 4081, matti.kalervo@kesko.fi

The 2018 Global 100 list is available at www.corporateknights.com/global100/

Kesko and K-retailers form K Group, whose sales total over €13 billion. K Group is the third largest retail operator in northern Europe and it employs approximately 45,000 people. Kesko operates in the grocery trade, the building and technical trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. Kesko’s net sales are €10 billion and it employs approximately 28,000 people. Kesko has nearly 2,000 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia, Belarus and Poland. Kesko is a listed company and its shares are listed on Nasdaq Helsinki. The company’s domicile and main premises are in Helsinki. www.kesko.fi 

SOURCE: Kesko Corporation

Kesko ranked 15th in Global 100 Most Sustainable Corporations in the World list

In the Global 100 Most Sustainable Corporations in the World list, Kesko ranked 15th and was, at the same time, the most sustainable trading sector company in the world. The list of the most sustainable corporations is announced today at the World Economic Forum in Davos.

HELSINKI, Finland, 2016-Jan-22 — /EPR Retail News/ —  The companies in the Global 100 Most Sustainable Corporations in the World list were assessed on 12 sustainability indicators in the areas of economic, social and environmental responsibility.

Sustainability provides the basis for all operations in the K-Group and is visible in our daily work.

“Kesko’s long-term corporate responsibility work is based on our strategy and responsibility programme. The programme comprises all of our divisions and contains short, medium and long term objectives. All our operations are guided by our value: Customer and quality – in everything we do,” says Kesko’s President and CEO Mikko Helander.

Kesko’s systematic work to mitigate climate change is bearing fruit. As much as 98% of the savings target set in the trading sector energy efficiency agreement for 2016 has already been achieved. In November 2015, Kesko was included in CDP’s Climate A List for the first time. The list consists of 113 selected companies that are considered to be operating in an exemplary manner with regard to mitigating climate change.

The most recent energy savings method is the cooperation started by Kesko’s grocery trade, Gasum, Myllyn Paras and Wursti in September 2015: biogas produced from inedible biowaste that is collected from retail stores is utilized as energy in the manufacture of new Pirkka products.

Kesko aims to identify the entire supply chain of products, while also ensuring that the ingredients are responsibly sourced. Work to assess the origin of ingredients in own brand categories – Pirkka and K-Menu products – was carried out in 2015.

Over the course of 2015, Kesko continued to assess human rights impacts in accordance with the UN Guiding Principles on Business and Human Rights.

The Global 100 Most Sustainable Corporations in the World list for 2016 is announced at the meeting of the World Economic Forum in Davos on 21 January. The list is prepared by Canada-based Corporate Knights Inc. and is based on a global assessment of 4,608 listed companies.

The Global 100 list for 2016 has been published at www.global100.org.

Further information available from Vice President Matti Kalervo, Corporate Responsibility, Kesko Corporation, tel. +358 50 306 4081.

Kesko’s ranking in sustainability indices
http://www.kesko.fi/en/investor/share-information/equity-indices/sustainability-indices/

Kesko is a Finnish listed trading sector company. Kesko operates in the grocery trade, the home improvement and speciality goods trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. In 2014, Kesko’s net sales totalled €9.1 billion and it employed nearly 20,000 people. Kesko has over 1,500 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia and Belarus. Kesko’s shares are listed on Nasdaq Helsinki. The company’s domicile and main premises are in Helsinki. www.kesko.fi

SOURCE: KESKO

Kesko rose to the fifth place in the Global 100 Most Sustainable Corporations in the World list

Helsinki, Finland, 2015-1-23 — /EPR Retail News/ — Kesko is the best food and staples retailer and rose to the fifth place in the Global 100 Most Sustainable Corporations in the World list. Kesko is the only Finnish company included in the list every year since it was established in 2005.

For the Global 100 list, companies were assessed on 12 sustainability indicators in the areas of economic, social and environmental responsibility.

“Recent public discussion about grocery trade in Finland has focused on one issue only, the price of food, overshadowing many other important issues, such as trading sector operators’ sustainable actions. We are proud that Kesko’s long-term and determined sustainability work brings results and is appreciated worldwide,” says Kesko’s President and CEO Mikko Helander.

“The great rise in the Global 100 list can, for example, be attributed to the environmental indicators: the K-Group’s energy consumption has decreased by over 7% from the previous comparative year and emissions have dropped by over 5,000 tonnes of CO2e. Significant energy savings are achieved by energy-efficient solutions in retail stores, such as energy-efficient buildings, lids and doors on refrigeration equipment, recovery of condensation heat, refrigeration equipment that uses carbon dioxide, adjustable and directional lighting, and efficient transportation,” Helander continues.

Kesko has long worked to take care of the products’ high quality and the responsibility of the entire supply chain. Kesko has its own research unit which monitors the safety and quality of the groceries and home and speciality goods sold by K-food stores, K-citymarkets, and Anttila and Kodin1 department stores.

Over the course of 2014, Kesko’s and K-stores’ responsibility work has been made more visible to customers.

“We support Finnish work and local producers by participating in the Blue and White Footprint campaign. Improvements in online stores, click&collect services and other multi-channel services have made our customers’ everyday lives easier. Nearly 1,800 young people have been employed by K-stores and Kesko thanks to the Youth Guarantee in the K-Group programme,” says Matti Kalervo, Kesko’s Vice President for Corporate Responsibility.

The Global 100 Most Sustainable Corporations in the World list for 2015 was announced at the meeting of the World Economic Forum in Davos on 22 January. The list is prepared by the Canadian Corporate Knights Inc. and based on a global assessment of around 4,600 listed companies.
The Global 100 list for 2015 has been published at www.global100.org

Further information available from Vice President Matti Kalervo, Corporate Responsibility, Kesko Corporation, tel. +358 50 306 4081.

Kesko’s rankings in sustainability indices:
http://www.kesko.fi/en/Investors/Share-information/Equity-indices/Sustainability-indices/

Kesko ( http://www.kesko.fi/en/ ) is a retail specialist whose stores offer quality to the daily lives of consumers. Kesko has about 2,000 stores engaged in chain operations in the Nordic and Baltic countries, Russia, and Belarus.