ESG performance is an important part of how we measure success at Ahold Delhaize. We have a long history of reporting on our ESG performance and we are pleased to see our stakeholders’ interest in this area continuing to increase.
Our elevate healthy and sustainable and cultivate best talent growth drivers cover a large part of our ESG performance. At the same time, we continue to embed a focus on ESG elements further into our organization and ensure everyone is aware of their importance and can contribute to our impact.
Our ESG ambitions and strategy are shaped by our most significant ESG topics, the UN Sustainable Development Goals (SDGs), market knowledge from our local brands and ESG benchmarks, including the Dow Jones Sustainability Index (DJSI), MSCI and Sustainalytics. We also work with frameworks, such as the Task Force on Climate-related Financial Disclosures (TCFD). We consider trends in our markets and around the world, feedback from our stakeholders, and alignment with global initiatives such as the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB). We also look at future developments and how these could potentially impact Ahold Delhaize, for example, the implementation of the EU Taxonomy.
Our overall objective is to contribute to healthier people and a healthier planet. We have commitments, ambitions and aspirations in several focus areas that include, among others, further increasing healthy sales of own-brand products, reducing food waste, improving own-brand plastic product packaging, aiming for 100% diverse and inclusive workplaces and reaching the science-based absolute reduction targets we have set for carbon emissions, including the commitment to become a net-zero company for scope 1 and 2 emissions by 2040 and for scope 3 emissions before 2050.
In addition to the focus areas outlined above, we have continued our journey to improve performance in the ESG topics identified as material in our ESG materiality assessment. This section shows how we approach these ESG topics and provides in-depth insight into the work we do on climate change, human rights and diversity and inclusion.