MONTREAL, Dec. 21,
2023 /CNW/ - Today, METRO publishes its corporate
responsibility (CR) report, covering its food and pharmacy
activities for the 2023 fiscal year. Responsible procurement
remains one of its key focus areas, as the company continues to
improve the transparency of its supply chain.
METRO is also actively working to increase the resilience of its
business by addressing physical and transitional climate risks. For
the first time, the company is disclosing these risks and
opportunities in accordance with the Task Force on Climate-related
Financial Disclosures (TCFD) framework. In addition, METRO remains
firmly committed to equity, diversity and inclusion (ED&I), as
evidenced by its progress toward these objectives.
"The company is on track to achieve its corporate responsibility
objectives by 2026. Our teams have been working diligently on major
projects aligned with our CR plan, because we are determined to
achieve our objectives. We believe that our approach to
corporate responsibility is an asset in realizing our purpose,
which is to nourish the health and well-being of our communities,
and evolving our business to meet the changing needs of society,"
said Eric La Flèche, President and CEO of METRO.
2023 Highlights
Responsible procurement
- Partnership with SupplyShift, enabling METRO to collect and
analyze data from suppliers, and thus assess their performance
against the principles of the Supplier Code of Conduct;
- Disclosure of its forest-related practices to CDP
Forests for the first time, underscoring its commitment to
contribute to addressing deforestation.
Environment
- Following an evaluation of the feasibility and costs of
achieving the Science Based Targets initiative (SBTi) Net-Zero
Standard, review and adjustment of the scope of its existing
objective and commitment to set near-term company-wide GHG emission
reduction targets in line with the SBTi Standard;
- First climate scenario analysis in 2023 to proactively identify
and evaluate potential climate-related risks and opportunities in
2030, 2050 and 2090.
Equity, diversity and
inclusion
- Progress on all its objectives as the company continues to
foster an inclusive environment and empower our diverse
workforce.
Socioeconomic
contribution
- Increase in its community investments over the last year,
reaching a total of $7.4 million in
2023, compared with $5.5 million in
2022;
- Four million kilograms of food recovered, the equivalent to 8.1
million meals.
For more details, consult the 2023 Corporate Responsibility
Report or visit metro.ca/responsibility.
About METRO inc.
With annual sales of more than $20
billion, METRO Inc. is a food and pharmacy leader in Québec
and Ontario, providing employment
to more than 97,000 people. Its purpose is to Nourish the health
and well-being of our communities. As a retailer, franchisor,
distributor, manufacturer, and provider of eCommerce services, the
company operates or services a network of some 980 food stores
under several banners including Metro, Metro Plus, Super C and Food
Basics, and 640 pharmacies primarily under the Jean Coutu, Brunet,
Metro Pharmacy and Food Basics Pharmacy banners. For more details,
visit corpo.metro.ca.
SOURCE METRO INC.