Sprouts Farmers Market Releases 2021 ESG Report

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[{"type":"text","content":"PHOENIX, May 04, 2022 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today published its 2021 Environmental, Social, and Governance (ESG) Report, highlighting the healthy grocer’s ongoing progress in growing its business sustainably and responsibly. \"I’m very pleased with the meaningful achievements we made on our ESG initiatives in 2021,” said Jack Sinclair, chief executive officer of Sprouts Farmers Market. “Our accomplishments reinforce the commitment of our 31,000 purpose-driven team members in caring for each other, our customers, communities, and the planet. We look forward to continuing our progress in the years ahead as we execute on our long-term growth strategy that is rooted in ESG.” Highlights from the 2021 ESG Report include: Environment Climate Reduced carbon emissions per square foot by nearly 10% from 2019Averted 49,000 MTCO2e through food recovery programs Waste Achieved an overall landfill diversion rate of 60% by repurposing and recycling 79,000 tons of food and other recyclablesRecovered 78% of food waste generated and donated the equivalent of 26 million meals to help those struggling with hungerRecycled 500 tons of plastic film from customer and in-store use Sourcing Sold $2.7 billion of products with a social or environmental attributeCommitted to improving chicken welfare by providing environmental enrichments by 2024, reduced stocking density by 2025, and more humane processing through controlled-atmosphere stunning by 2026 Social Team Member Development and Wellness Created 1,300 new jobs and promoted 22% of our team members of which 54% are female and 49% are racially/ethnically diverseDelivered 585,000 hours of in-store trainingReduced worker safety claims by 22% from the prior year Community Awarded $3 million to programs supporting youth nutrition education and food systems equity through the Sprouts Healthy Communities Foundation70,000 children enrolled in Sprouts-funded nutrition education programs Governance Corporate Governance 86% of Sprouts’ board members are independent29% of Sprouts’ board members are female and 14% are ethnically diverse Risk Management and Cybersecurity Formed a board-level Risk Committee to monitor enterprise risk management program and provide oversight of risks related to cybersecurity, critical systems, and environmental and social matters, among other...

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