Press release from Business Wire
Safeway Named to Dow Jones Sustainability Index for Second Consecutive Year
Monday, September 20, 2010
Safeway Named to Dow Jones Sustainability Index for Second Consecutive Year12:00 EDT Monday, September 20, 2010 PLEASANTON, Calif. (Business Wire) -- Safeway Inc. (NYSE: SWY) has been named to the Dow Jones Sustainability Index (DJSI) North America for the second year in a row. The ranking recognizes sustainability leaders from each industry on global and regional levels for superior environmental, economic and social achievements. Companies are evaluated on factors such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices. “Safeway adheres to a broad and ambitious corporate social responsibility strategy that allows us to achieve business success while having a positive impact on our communities and preserving the environment,” said Larree Renda, Safeway Executive Vice President and President of Safeway Health. “We are proud of our place on the DJSI North America.” Safeway is making corporate social responsibility part of the fabric of the company and a strategy to deliver a competitive advantage. Some areas where Safeway has made significant progress include: Instituted a reuse and recycling program that allows the company to divert nearly 520,000 tons of material from landfills annually. Launched a companywide volunteer effort to donate one million volunteer hours annually to the communities in which Safeway operates. Raised and donated more than $144 million for breast cancer and prostate cancer research and treatment. Raised and donated nearly $95 million for charities that assist people with disabilities, including Easter Seals, Muscular Dystrophy Association and Special Olympics. Partnered with Fishwise — a non-profit organization focused on improving the sustainability and financial performance of seafood retailers, distributors and producers — to implement a comprehensive sustainable seafood sourcing policy. Assembled an Animal Welfare Committee to ensure the humane treatment of animals. Won the Catalyst Award for the development and promotion of women in the workplace. Safeway's corporate social responsibility strategy focuses on making positive impacts in the following four areas: People, Products, Community and Planet. To learn more, visit www.safeway.com/CSR. ABOUT SAFEWAY www.Safeway.com Safeway Inc. is a Fortune 100 company and one of the largest food and drug retailers in North America, based on sales. The company operates 1,712 stores in the United States and western Canada and had annual sales of $40.8 billion in 2009. The company's common stock is traded on the New York Stock Exchange under the symbol SWY.