Tag: Asda

Asda continues strong ESG performance with latest rating

Stuart Mitchell

Asda has announced a continued strong performance in its ESG rating score, following an external assessment by financial services ratings’ agency Sustainable Fitch. For the third consecutive year in a row, Asda received an entity rating of 3 (1 = excellent, 5 = poor) and an entity score of 57, matching last year’s result. The score from Sustainable Fitch takes into account “Asda’s continued efforts to mitigate material environmental and social impacts from its wide range of consumer products”. An ESG rating is an external assessment of a company’s ESG performance…

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More than half of UK households are worse off than a year ago

Stuart Mitchell

Latest figures from Asda’s Income Tracker reveal that nearly six in ten households now feel their weekly pay packet doesn’t stretch as far as it did a year ago. Growth in the Income Tracker slowed sharply in December, leaving the average UK household with £256 a week in discretionary income. The deceleration brings an abrupt halt to the progress made over the previous three months, with the lowest-income households hit the hardest. The lowest 20% of earners saw their spending power fall by 5.0% year on year leaving them with…

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Asda’s winter fruit and veg pledge returns to fight food poverty

Stuart Mitchell

Asda is bringing back its “Winter Fruit and Veg pledge” and will once again donate the equivalent of one million meals at the start of this year, as part of its partnership with FareShare and the Coronation Food Project. Following the success of the initiative in 2025, Asda’s pledge will see over 420 tonnes of fresh fruit and vegetables donated to the UK’s leading food redistribution charity over the next 12 weeks. A variety of fruit & vegetables will be donated as part of the project*, grapes, citrus, apples, tomatoes,…

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Asda updates on ESG performance

Stuart Mitchell

Asda has published its fifth Environmental, Social and Governance Report, updating on the progress made towards its ESG targets last year. Key updates from the report include: Net Zero Carbon A 12% reduction in operational carbon emissions (scope 1&2) since 2023. Asda has now reduced its scope 1&2 carbon footprint by 48% since 2021 – meaning Asda is likely to hit its 2025 goal of a 50% reduction. This reduction was driven by Asda’s investment in two new Bio-LNG (liquefied natural gas) refueling facilities in 2024 – which significantly cut…

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Supermarkets playing with fire on future of food, says WWF

Stuart Mitchell

The UK’s broken food system is causing environmental collapse and creating volatility in supply and price, according to a report by WWF released recently.     Drawing on data from 10 retailers (Aldi, Asda, Co-op, Lidl GB, Marks & Spencer, Morrisons, Ocado, Sainsbury’s, Tesco and Waitrose), 2025’s What’s in Store for the Planet report assesses the progress on environmental action of 90% of the UK grocery market and concludes that action on reducing environmental risks is stagnating.   It warns that without decisive action environmental impacts will escalate, threatening food security and…

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