COMPANY HIGHLIGHTS FOR THE REPORTING PERIOD
ECONOMIC
- We have grown our company turnover by nearly 17% in 2005, to almost €4.4 billion.
- The SuperValu brand accounts for 19.7% of the total grocery market share in RoI.
- In GB,we have successfully completed a good first year's trading following the acquisition of the Londis business.
- In NI, sales have increased by over 9%, with the addition of 17 new SuperValu and Centra stores.
- MWS has acquired Variety Foods in 2005, adding to the capacity of Musgrave Foodservices in RoI.
SOCIAL
- By the end of 2005 our direct workforce had increase to over 9,000 people, with our retail partners employing just under 48,000 people.
- We have reviewed the Musgrave Environmental Policy Charter, launched in 2000 - the new 'Musgrave Environmental and Social Accountability Policy' will guide our efforts to build a sustainable company.
- We have prepared the 'Musgrave Ethical Trading Policy' which commits us to ensuring that all our supply chain stakeholders, regardless of where they live or work, are treated with respect and dignity and are able to live in an environment undamaged as a result of production.
- We have prepared this report following consultation with a broad range of our stakeholders in order to address those areas of our environmental performance which are of most relevance, from their perspectives.
- We continue to innovate in our reporting - this report is prepared following the new Global Reporting Initiative's 3rd Draft Guidelines, whilst being 'in accordance' with the second GRI Guidelines.
ENVIRONMENTAL
- We continue to provide leadership in commercial recycling in Ireland, meeting our corporate target of 62% recycling in 2005, servicing nearly 300 of our own and our retail partners' premises through our 'one-stop-shop' contracts.
- Our last 'Environmental and Social Accountability Report 2002-2003' won the Irish ACCA Environmental Reporting Award in 2004, and represented Ireland in the European Environmental Reporting Awards in 2005.We also won 'Best Environmental Project' in the large indigenous company category at the Chambers of Commerce of Ireland President's Award for CSR 2005.
- The company has initiated an energy monitoring & targeting programme across the business, aimed at reducing Musgrave carbon emissions over the next five years.
- We have prepared a new corporate 'Energy and Natural Resources Management Policy' to guide our efforts in working to deliver sustainability.
- Our transport fleets have initiated the use of biofuels, again as part of a campaign to reduce the company's carbon footprint.
