2020 was a year of transformation for many, and our company was no exception. The events of last year brought to the surface the positive impact our company has on our customers and communities. I would like to thank each of our 300,000 associates for their unwavering commitment to serving our communities during such unprecedented times. Throughout the pandemic, our teams acted swiftly to implement in-store safety measures, keep food and supplies on the shelves for customers, and distribute COVID-19 vaccinations in partnership with the Department of Health and Human Services. As our communities faced rising food insecurity, Albertsons Companies, the Albertsons Companies Foundation Nourishing Neighbors program, and our customers stepped up to help those in need. We set a record $260 million in food and monetary donations to aid hunger relief organizations in our local communities. This helped us reach 13 million individuals and over 3,000 organizations. When acts of racism and inequity shook our communities, we came together as a company to support one another and stand united in the face of prejudice, hatred, and intolerance. We are committed to equality and are driven by our guiding principle to be a diverse and inclusive team. Le�er from our CEO Vivek Sankaran | Chief Executive Officer I’m proud that over the past year we have not only increased our diverse representation at all levels of the company, but have also prioritized Diversity, Equity, and Inclusion training, created opportunities to have courageous conversations, and outlined a framework to continue to improve. As part of these efforts, we committed $5 million to social justice & equality causes. In the face of these challenges, our teams still made meaningful progress to reduce our impact on the environment. As part of this, we recently announced our commitment to setting a science-based target to reduce carbon emissions. This broadens our existing environmental commitments, which include making 100% of our Own Brands packaging recyclable, reusable, or industrially compostable by 2025. Looking Ahead In 2020, we completed a new materiality assessment, which will be the foundation for our Environmental Social Governance (ESG) strategy and initiatives going forward. Through this process we identified high priority areas that align with our long-term company strategy and are most critical to our stakeholders, including Climate Action, Community Stewardship, Diversity, Equity & Inclusion, and Waste Reduction & Circularity. I am encouraged by the progress we made in 2020, as it established a framework from which we can accelerate our efforts. We have a bold vision for the future and will soon be launching commitments with specific metrics to measure our progress. I invite you to learn more about our progress in 2020 in this report, and I look forward to sharing more with you in the coming months. Vivek 6 Environmental Social Governance Report 2020 7 Letter
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