Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Biodiversity
• Sustainable Agriculture
• Food Waste Reduction
• Pollution Reduction
• Deforestation
• Human Rights
• Diversity & Inclusion
• Employee Well-being
• Community Investment
• Responsible Sourcing
• Supply Chain Sustainability

Environmental Achievements

• Reduced carbon emissions by 24% compared to 2017 (while turnover increased by 88%)
• Installed photovoltaic panels in around 780 stores and distribution centers
• Biedronka retained its Lean & Green star and Pingo Doce achieved four stars
• Sourced over 90% of food purchases from local suppliers
• Increased weight of Private Brand products and perishables with sustainability certification to 13.4% (from 8.4% in 2022)
• Pingo Doce became the first retailer in Portugal to sell antibiotic-free and animal-welfare-certified chicken
• Pingo Doce eliminated all flavour enhancers and artificial colouring from its Private Brand products

Social Achievements

• Direct support to communities exceeding €87 million (6% increase from 2022)
• Invested €312 million in recognition awards and bonuses for employees
• €36.3 million invested in internal social responsibility programs
• €7.9 million invested in employee well-being
• Awarded Inclusive Employer Brand seal in Portugal for Pingo Doce, Recheio, and the holding company
• Pingo Doce became the Founding Food Partner for World Youth Day Lisbon 2023

Governance Achievements

• Listed on more than 130 sustainability indices
• Consistently high CDP score (A rating for climate change, A- for water security and forests)

Climate Goals & Targets

Environmental Challenges

• High inflation and rising costs
• Increased competition for volume growth
• Limited consumer purchasing power
• Geopolitical tensions (wars in Ukraine and Sudan, conflict in the Middle East)
• Supply chain disruptions
• Economic slowdown in Europe
• Political uncertainty in Poland, Portugal, and Colombia
• High interest rates
• Trading down effects in Colombia

Mitigation Strategies

• Investment in price reductions and promotional activities
• Continuous improvement of assortment and shopping experience
• Ambitious investment program
• Focus on price leadership and quality value propositions
• Aggressive pricing and promotions policy (Pingo Doce)
• Investment in operational efficiency
• Expansion and refurbishment of stores
• Development of alternative sourcing strategies
• Renegotiation of loans
• New medium and long-term funding line with the European Investment Bank (Poland)
• Conversion of short-term loan into a three-year loan (Colombia)

Supply Chain Management

Responsible Procurement

• Focus on local sourcing (over 90% of food purchases)

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Organic semi-skimmed milk and honey
• Honey and lemon balm lactose-free fortified milk
• Organic seedless grapes (Hey, Vita! brand)

Awards & Recognition

• World's top-rated food retailer by CDP (four consecutive years)
• Food & Retail Award 2023 (Biedronka)
• Business Insider Polska Award (Biedronka)
• Retail Champion (Biedronka)
• ISO 14001:2015 (Pingo Doce central kitchens)
• Inclusive Employer Brand seal (Portugal)
• CORE "Sustainable Production and Consumption" Prize (Pingo Doce)
• Professionals Choice (Recheio)
• Inclusive Employer Brand (Recheio)
• One of the best performing companies in Colombia (Ara)