Showcases commitment to responsible and
sustainable business practices
MARKHAM,
ON, Nov. 15, 2023 /CNW/ - Pet Valu Holdings
Ltd. ("Pet Valu" or the "Company") (TSX: PET), the leading Canadian
specialty retailer of pet food and pet-related supplies, today
released its first Environmental, Social, Governance ("ESG") report
for its fiscal year ended December 31,
2022. The report provides a comprehensive overview of key
ESG factors that help enable Pet Valu to deliver on its strategic,
operational and financial goals.
"Our mission, values and strategy are anchored in the belief
that utilizing sustainable business practices across Pet Valu helps
deliver profitable growth and create value over the long-term,"
said Richard Maltsbarger, President
and Chief Executive Officer of Pet Valu. "As a result, responsible
management of many ESG considerations have long been embedded in
how we operate, from fostering strong relationships with our
franchisees and Animal Care Experts ("ACEs") to employing good
governance practices throughout our organization."
Key highlights of Pet Valu's 2022 ESG report include discussions
of how the Company:
- Fosters strong franchisee relationships through robust
screening, onboarding and engagement processes, as well as
effective monitoring procedures and tools;
- Provides a welcoming and engaging ACE working
environment through a focus on safety, inclusivity, and
compelling opportunities;
- Manages energy & emissions to deliver efficiency
while contributing to global efforts to limit the impact of climate
change;
- Responsibly stewards its operations, guided by a
majority independent, diverse and well-rounded Board of
Directors;
- Sells safe and high-quality products through strong
vendor safety standards, quality assurance and proactive recall
procedures.
"We plan to build on the foundation set by our first ESG report
in subsequent years," continued Mr. Maltsbarger. "As we monitor our
ongoing performance across key ESG metrics, we will begin to assess
establishing time-based targets, where appropriate, while further
strengthening our approach and oversight of these key ESG matters
as we grow."
A downloadable copy of Pet Valu's 2022 ESG report is available
at https://investors.petvalu.com/ESG.
About Pet Valu
Pet Valu is Canada's leading
retailer of pet food and pet-related supplies with over 700
corporate-owned or franchised locations across the country. For
more than 40 years, Pet Valu has earned the trust and loyalty of
pet parents by offering knowledgeable customer service, a premium
product offering and engaging in-store services. Pet Valu's
neighbourhood stores offer more than 7,000 competitively-priced
products, including a broad assortment of premium, super premium,
holistic and award-winning proprietary brands. To learn more,
please visit: www.petvalu.ca.
SOURCE Pet Valu Canada Inc.