Shoprite Holdings
Shoprite Holdings is among Africa's largest fast-moving consumer goods retailers. Based in South Africa, the company operates around 3,000 outlets in 15 countries across Africa and the Indian Ocean islands. The company's core business is food retailing, while also having business activities across furniture, pharmaceuticals, household products, hospitality, logistics, property and financial services. Shoprite operates their supermarket activities through four major brands, Shoprite, Checkers, Checkers Hyper and Unsave. Freshmark, the group's fruit and vegetable procurement and distribution arm, works with 1,114 growers to source its products, and is one among the largest purchasers of fresh produce in Africa.
Segment ranking summary
Shoprite Holdings ranks 36th among food retailers and 115th among food and beverage manufacturers/processors. Shoprite Holdings’ best performance against its peers is in governance and strategy, where it ranks in the top 10 among food retailers and top 30 among manufacturers and processors. However, the company is lagging against its peers in the other measurement areas. In environment, the company ranks in the bottom grouping in both segments, with a lack of disclosure on topics its peers are already addressing, such as tackling deforestation in its supply chain or sustainable sourcing practices. Similarly, in nutrition, Shoprite Holdings ranks poorly against its peers due to limited disclosure on key topics such as responsible marketing or clear and transparent labelling. Nonetheless, the company’s performance in governance and strategy suggests the company is in a position to translate its overall sustainability strategy into practice across the other measurement areas going forward.
Leading practices
Risks and opportunities
Core social indicators
The core social indicators are part of the social inclusion measurement area. These indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.
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More about the company
- Headquarters
- Cape Town, South Africa
- Food and agriculture revenue USD
- 8,137,142,900
- Group revenue USD
- 9,142,857,200
- Onwnership structure
- Publicly listed
- Number of employees
- 147,000
- Website
- https://www.shopriteholdings.co.za
