Year marked by notable achievements and by the establishment of key building blocks for the future
Published 05-03-11
Submitted by Hill & Knowlton
Today, Loblaw Companies Limited (Loblaw) issued its 2010 Corporate Social Responsibility (CSR) Report. The 2010 CSR Report: The Way We Do Business details Loblaw's social responsibility achievements and key areas of focus. Through its approach to CSR, Loblaw looks to meet the needs of today while laying the foundation to address potential future challenges.
"In 2010 we continued to make progress against CSR targets and I am particularly pleased with our efforts to reduce our environmental impact and improve the sustainability of our food supply," said Galen G. Weston, executive chairman, Loblaw Companies Limited. "Looking forward we recognize the increased importance Canadians are placing on making good diet, health and nutrition choices. We believe Loblaw can and should be a meaningful partner in addressing these concerns."
Among the innovative initiatives in 2010 that the Company believes will serve to be building blocks for its long-term vision, Loblaw granted a $3 million gift to the University of Guelph to establish the Loblaw Companies Limited Chair in Sustainable Food Production, and took a leading role in the development of the Conference Board of Canada's Centre for Food in Canada, which aims to develop a framework for a national food strategy.
Loblaw's approach to business is guided by five corporate social responsibility pillars: Respect the Environment, Source with Integrity, Make a Positive Difference in our Community, Reflect our Nation's Diversity and Be A Great Place to Work.
2010 Highlights:
Respect the environment
Source with Integrity
Make a positive difference in our community
Reflect our nation's diversity
Be a great place to work
"We are encouraged by the progress we continue to make against our CSR targets and how our activities are positively impacting our business and the larger community. As we look to the future, we continue to seek new ways to improve, and lead by example," said Bob Chant, vice-president of corporate affairs, Loblaw Companies Limited.
Loblaw's 2010 CSR report can be found online on the recently redesigned Loblaw Corporate website at loblaw.ca/csr.
About Loblaw Companies Limited
Loblaw Companies Limited, a subsidiary of George Weston Limited, is Canada's largest food distributor and a leading provider of drugstore, general merchandise and financial products and services. Loblaw is one of the largest private sector employers in Canada. With more than 1,000 corporate and franchised stores from coast to coast, Loblaw and its franchisees employ more than 136,000 full-time and part-time employees. Through its portfolio of store formats, Loblaw is committed to providing Canadians with a wide, growing and successful range of products and services to meet the everyday household demands of Canadian customers. Loblaw is known for the quality, innovation and value of its food offering. It offers Canada's strongest control (private) label program, including the unique President's Choice®, no name® and Joe Fresh Style® brands. In addition, the Company makes available to customers President's Choice Financial® services and offers the PC® points loyalty program.
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