Loblaw releases 2024 ESG report

Loblaw has detailed its achievements in the areas of sustainability and social responsibility for 2024.

The company’s 18th annual Live Life Well report shares how the food and pharmacy retailer is working to fight climate change and advance social equity.

"We have the greatest impact when we're able to help Canadian communities thrive," said Per Bank, president and CEO, Loblaw Companies Ltd., in a press release. "That can involve delivering value, supporting Canadians with their healthcare needs, doing our part in fighting climate change and advancing social equity, and more. When we see ways to make Canada stronger, we'll explore them, because we know we can have a big impact on the people and places we serve."

In its efforts to reach net-zero, Loblaw said it achieved a 16% reduction in Scope 1 and Scope 2 greenhouse gas emissions compared to the 2020 baseline. 

It also invested more than $40 million to complete over 500 carbon reduction capital projects.

The grocer said it’s in reach of its 2025 goal to make all control brand and in-store plastic packaging 100% recyclable or reusable. 

Over 80,000 metric tonnes of potential food waste was diverted from landfill in 2024.

Elsewhere, the President’s Choice Children’s Charity is on track to reach its goal to feed one million kids by the end of 2025, while the Shoppers Foundation for Women’s Health contributed over $12.5 million to 380 women’s health organizations across Canada.

Loblaw also raised and donated $212 million (including in-kind donations) to support research, charities and non-profits across Canad

The company achieved 39.5% representation of women in executive roles and 46% in management roles, as well as 28% representation of visible minorities in executive roles and 34% in management roles.

Loblaw said it committed to new representation goals for 2028. 

The company also trained over 198,000 colleagues and employees on fundamental diversity, equity and inclusion topics.