Read the full story at Grocery Dive.
This story is the first in a three-part series on how sustainability ties into grocers’ bottom lines.
Kroger has poured hundreds of millions of dollars into its Zero Hunger, Zero Waste sustainability initiative, yet when the supermarket company’s leaders answer questions from industry analysts about its financial results, the expansive environment-focused program doesn’t typically come up.
Top managers of other publicly traded food retailers that also highlight their sustainability programs, such as Ahold Delhaize and Sprouts Farmers Market, also don’t often field questions during earnings calls about their Environmental, Social and Governance (ESG) initiatives, even as metrics like same-store sales and earnings per share are top topics of discussion.