Sprouts Farmers Market Releases 2022 Environmental, Social, and Governance Report; Brandon Lombardi Comments
PHOENIX, AZ - I was born and raised in Phoenix, Arizona, which means bi-weekly trips to Sprouts Farmers Market are a key memory of my childhood. As an adult, my eye is drawn to the innovative growth strategies of the fresh-forward grocer, and the company has just shared exciting updates through its 2022 Environmental, Social, and Governance (ESG) Report.
“I’m proud to share the strong progress we made in our ESG initiatives over the past year. Our success is rooted in our philosophy of ‘doing well by doing good’ which underscores the importance of operating our business in a way that demonstrates care for our team members, customers, communities, vendor partners, and the planet,” said Brandon Lombardi, Chief Sustainability Officer.
The recently released report highlights the grocer’s commitment to taking good care of the planet, people, and local communities, with a focus on offering sustainably and responsibly sourced products, eliminating waste and fighting hunger, reducing its carbon footprint, and plastics reduction.
The retailer reported growth across several key aspects, including Sustainable and Responsible Sourcing, Climate, Waste, Packaging and Plastics, Team Members, and Community.
Some key highlights include:
- $3.2 billion in sales of products with a social or environmental attribute
- 26 percent of products sold were organic, and plant-based alternatives sales grew 21 percent
- 32 million pounds of food donated, equating to 27 million meals, 45 percent of which was healthy produce
- 87 percent food waste recovery rate and 69 percent total landfill diversion rate
- Committed to 100 percent reusable bags at checkout by the end of 2023
- 24 percent of team members promoted and 1,600 new jobs created through new store openings
For more details from the report, click here.
As always, stick with ANUK for more fresh-focused retail updates.