Grocery Outlet Holding Corp. today announced the publication of its first annual Environmental, Social and Governance (ESG) Report covering fiscal year 2022.
The company’s inaugural ESG Report demonstrates Grocery Outlet’s mission of Touching Lives for the Better, focusing on the positive impact the company has on its communities, people, and planet. The seven key impact areas highlighted in the report are:
- Saving customers money: Grocery Outlet’s discounts and bargains save customers money – an estimated 40% over conventional grocers on average
- Providing affordable quality food: Grocery Outlet increases food access in its communities by providing customers with affordable food from trusted, name-brand suppliers
- Giving back: Grocery Outlet partners with its independent operators to give back to its communities by supporting local food banks, educational programs, and other initiatives that uplift and empower those in need
- Providing opportunities to independent operators: Grocery Outlet creates opportunities for independent operators to be local business owners and entrepreneurs
- Providing opportunities for employees: Grocery Outlet’s focus on its values and culture, as well as its equity, diversity, and inclusion initiatives, help to create opportunities for its employees
- Reducing food waste: Grocery Outlet’s sourcing model enables it to reduce food waste in partnership with its suppliers and independent operators
- Improving operational efficiency: By improving operational efficiency, Grocery Outlet strives to reduce its environmental impacts on energy use, food waste, and carbon emissions
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