Latest in a long-line of announcements related to Loblaw's efforts to fight climate change

BRAMPTON, ON, June 20, 2022 /CNW/ - Today, Loblaw Companies Limited (TSX: L) ("Loblaw") announced plans to eliminate all single-use plastic shopping bags from its corporate and franchise grocery stores, pharmacies, and PC Express service across the country, to be completed by the end of the first quarter of 2023.  This move completes a 15-year journey, which commenced with the company being one of the first major retailers in Canada to implement a pay-for-bag program to help reduce plastic waste.

"As a purpose-led organization, committed to helping Canadians live life well, we are proud to be taking a significant step on such an important environmental issue," said Robert Sawyer, Chief Operating Officer, Loblaw Companies Limited.  "Since 2007, our efforts to reduce the number of single-use plastic shopping bags leaving our stores has led to 13.8 billion fewer bags potentially going into landfill."

Loblaw customers have already rallied around the reusable bag approach. The adoption of a plastic bag fee led to a 70% decline in the use of plastic bags in its stores, and shoppers have turned to the iconic PC reusable bag and plastic bins as sustainable alternatives.  As single-use plastic shopping bags are phased out systematically, province by province, customers will be supported with a variety of reusable alternatives as well as ongoing communications to raise awareness of the options available.

This is the latest in a long line of announcements related to Loblaw's environmental, social and governance (ESG) efforts.  Notably, to help fight climate change, Loblaw will achieve the following: net-zero greenhouse gas emissions by 2040 for Scope 1 and 2, and net-zero greenhouse gas emissions by 2050 for Scope 3; reduce plastic waste by making all of its control brand and in-store packaging recyclable or reusable by 2025; send zero food waste to landfill by 2030; and more.  The full scope of the Company's ESG commitments can be found in its 2021 ESG Report. 

About Loblaw Companies Limited

Loblaw Companies Limited is Canada's food and pharmacy leader, as well as its largest retailer and private sector employer. With approximately two billion transactions each year in its unmatched network of 2,500 stores and national e-commerce options, Loblaw brings food, pharmacy, beauty, apparel and financial services to customers through many of Canada's favourite and most-trusted brands: President's Choice, No Name, Loblaws, Shoppers Drug Mart, No Frills, Real Canadian Superstore, T&T, Joe Fresh, PC Express and PC Financial. The company's loyalty program, PC Optimum, has more than 18 million members and is one of Canada's largest, and most loved reward programs.

Loblaw's purpose is to help Canadians live life well. It makes good food affordable, health, beauty and wellness accessible, saving for the future possible, and essential style achievable.

SOURCE Loblaw Companies Limited

Copyright 2022 Canada NewsWire

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