Safeway named to Dow Jones Sustainability Index
Pleasanton, Calif. Safeway 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 VP and president of Safeway Health.
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 1 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 nonprofit 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.
REI to enter Manhattan
New York Recreational Equipment Inc. (REI) has signed a 15-year lease for its first Manhattan location. The 39,000-sq.-ft. store will be located downtown, in the landmark Puck Building, at 295 Lafayette St., on the corner of East Houston Street. Asking rent for the space was around $275 a square foot, Crain’s New York Business reported.
“Our new store in the Puck Building will provide a resource to serve New Yorkers, visitors and community groups eager to enjoy the great outdoors from bike paths and urban greenways to wild and scenic destinations around the world,” said Sally Jewel, chief executive of REI, in a statement. The company expects the store to open in fall of 2011.
Dick’s Sporting Goods names new board member
PITTSBURGH Dick’s Sporting Goods announced that Jacqualyn Fouse has been elected to the company’s board of directors.
Effective September 27, Fouse will be joining Celgene Corporation, a global biopharmaceutical company, to serve as its CFO. Since July 2007, she has served as the CFO of Bunge Limited, a global agribusiness and food company.
“We are pleased to welcome Jackie to our board,” said Edward Stack, chairman and CEO. “She is well seasoned in the world of finance with nearly 30 years of experience. Her combined insight and expertise will be an excellent contribution to and further enhancement of the Dick’s Sporting Goods board.”