Sustainability Analysis Krogers and Albertsons

Sustainability Analysis

What does the company share about its Environmental, Social, and Governance (ESG) practices? You might be able to go to that company’s Investor Relations website and locate this information. What type of information does your company share with investors? Which of the companies present more useful information to its investors? FOR KROGERS AND ALBERTSONS

BRIEF OUTLINE OF WHAT IT NEEDS TO INCLUDE

Overview:

ESG strategy: make sure to include the pillars for each

Action plan:

Company with investors:

ALSO, NEED TO SAY WHICH ONE IS MORE SUSTAINABLE AND PRESENTS MORE USEFUL INFORMATION TO ITS INVESTORS. Absolutely NO USE OF CHAT GBT BECAUSE I WILL FAIL AND RECEIVE A ZERO. MY GRADE IS BORDERLINE SO PLEASE MAKE THIS 100%. AROUND A PAGE IN TOTAL DOUBLE SPACED

https://ir.kroger.com/news/news-details/2023/Kroger-Highlights-Zero-Hunger–Zero-Waste-Progress-in-Annual-Sustainability-Report/default.aspx

https://www.thekrogerco.com/wp-content/uploads/2023/09/Kroger-Co-2023-ESG-Report_Final.pdf

https://www.albertsonscompanies.com/our-impact/overview/default.aspx

Relevant links:

Sustainability reporting

https://www.sustainability-reports.com/bedrijf/?_sft_country=united-states

https://www.brightest.io/sec-climate-disclosure-rules

SEC https://www.sec.gov/securities-topics/climate-esg

example of what I wrote but this is from chatgbt:

Overview: Kroger has worked to advocate for sustainability in many ways throughout the years. They are a company that has a goal for people from all different backgrounds to be able to access fresh and affordable food. Their purpose is to “Feed the spirit” as they work towards different sustainability practices in order to make this happen. By building a more efficient and equal food industry, Kroger seeks to help people, the environment, and the systems that support us. Through their scale and power, they hope to significantly improve the communities they serve as well as the entire supply chain. Their “Zero Hunger | Zero Waste” plan is their pledge to address hunger, food waste, climate change, and conservation in order to build waste-free and hunger-free societies.

ESG strategy: The ESG approach of Kroger, called “Thriving Together,” demonstrates the awareness of its special position as a diverse corporation servicing a variety of stakeholders. Kroger’s approach is centered on three main pillars: People, Planet, and Systems, as part of their dedication to bringing about improvements for both individuals and the environment. They prioritize food safety, affordability, nutrition, diversity, equity, and inclusion in their workforce in order to promote healthier and more sustainable lifestyles under the “People” category. Under the “Planet” element, their commitment lies in preserving and replenishing natural resources, which involves cutting down on greenhouse gas emissions and practicing responsible resource management. Building stronger ESG governance and ethical supply chain practices will enable the “Systems” component to create more inclusive and accountable global systems.

Action plan: Located at the heart of Kroger’s ESG strategy, the “Zero Hunger | Zero Waste Action Plan” directs their choices in order to support more sustainable, healthier living in the communities they assist. In order to fight hunger, they have allocated 3 billion meals and given $1.3 billion to charities that promote food-related causes since 2017. In order to do this, they distribute leftover food, provide money to charitable causes, and promote cutting-edge food system ideas. In the battle against hunger and food waste, the intention is to mobilize industry-wide industry-wide action and persistent change.