Business
Petco Publishes First Sustainability Report
Report details purpose-driven performance and progress across business SAN DIEGO, June 2, 2021 /PRNewswire/ -- Petco Health and Wellness Company, Inc.
About this update from Petco Health And Wellness Company, Inc.
[{"type":"text","content":"Report details purpose-driven performance and progress across business\n\n\nSAN DIEGO, June 2, 2021 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (NASDAQ: WOOF), a complete partner in pet health and wellness, today announced the release of its first sustainability report on May 28, 2021. The report details Petco's progress from the past year in setting the standard in responsible animal care, preserving the health of our planet and helping people thrive, as well as the continued and unconditional support provided to pets and pet parents.\n\n \n \n \n \n \n \n\n \n\"Each day we strive to do the right thing for pets, pet parents and the planet we all share.\"\"Our commitment to improving the lives of pets, pet parents and our own Petco partners has been at the core of our business for more than 55 years, but it's never been stronger than it is today,\" said Ron Coughlin, Chairman and Chief Executive Officer of Petco. \"In the wake of a year full of challenges and adversity, human and pet-kind have shown their resilience. Each day we strive to do the right thing for pets, pet parents and the planet we all share – and I'm proud of all we've accomplished to further this goal.\"\nHighlights described in the sustainability report include:\nPetco's Progress\nCommitting to increase Petco's assortment of sustainable products to 50% by the end of 2025. Using 92% less plastic and 23% less cardboard in packaging compared to online-only retailers by fulfilling online orders in Petco pet care centers, which is estimated to have eliminated 3.6 million pounds of cardboard waste and 30,000 pounds of plastic waste in 2020 alone. Eliminating more than 3 million single-use plastic bags within the owned brand supply chain that would have otherwise become waste. Launching Started as a Bottle, Petco's first sustainably focused product collection, which has upcycled 1.5 million plastic bottles into pet toys and accessories. In partnership with Petco Love, helping save roughly 400,000 animals from euthanasia and finding homes for 6.5 million animals.Setting the Standard in Responsible Animal Care\nBecoming the first major pet retailer to stop selling any human or bark-activated shock collars in Petco pet care centers or at petco.com. Revamping training to require new partners in Petco pet care centers to complete a 12-part beginner animal care ...