Albertsons Companies

Albertsons Companies is one of the largest food and drug retailers in the US; founded in Boise, Idaho in 1939, today it operates 2,522 stores, through 22 subsidiaries, across 34 US states. The company derives the majority of its revenue from food products but also has significant activities in pharmaceutical products and fuel. Albertsons Companies, as it is known today, was formed in 2015 with the multi-billion dollar merger of its predecessor Albertson's and Safeway Inc.

Baseline assessment

Environment

Started the journey

Nutrition

Room for improvement

Social inclusion

Started the journey

Summary

Although publicly disclosing some commitments, Albertsons Companies has considerable scope for improvement across all three dimensions. The company is committed to reducing packaging waste, sustainably sourcing its seafood products and some of its high-risk commodities such as palm oil and improving animal welfare standards. It has limited commitments related to minimising food waste and reducing fertiliser and pesticide use, and it is yet to disclose any commitments to soil health and agrobiodiversity. As a large retailer, Albertsons Companies is well positioned to help consumers make informed decisions on the intake of healthy food. It has only made commitments to food safety, however, and is yet to disclose commitments to other nutritional issues such as product reformulation, protein diversification, accessibility and affordability of healthy foods, nutritional labelling and responsible marketing. In terms of social inclusion, the company expects its suppliers to eliminate child and forced labour, ensure health and safety and respect land tenure rights. However, the company does not commit to paying a living wage or improving farmer productivity.

Food and Agriculture Benchmark

The Food and Agriculture Benchmark will assess 350 keystone companies on the issues underpinning the food system transformation agenda. The benchmark’s aim is to stimulate companies to apply sustainable business practices throughout their operations as well as use their influence to encourage value chain partners to do the same. WBA has organised the food and agriculture value chain into six sub-sectors. These sub-sectors are also reflected in the methodology framework.

Food and agriculture revenue
USD 53,787,000,000
Food and agriculture revenue USD
USD 53,787,000,000
Onwnership structure
Publicly listed
Number of employees
267,000

Value chain sub-sectors

Other benchmarks

The company is also included in the following benchmarks developed by WBA and our Allies. These benchmarks help to deepen our understanding on key issues and industries.

There are currently no benchmarks for this company Return to companies list