ICA’s Quarterly report on sustainability

Solna, 20 May 2013

ICA today presents its quarterly report on ICA’s work on sustainability during the first quarter of 2013. The report covers important events and initiatives in the fields of the environment, quality, ethical trade, health and community engagement.

“The wide-ranging fraud involving beef containing horse meat was a wake-up call for the whole food industry and dominated the sustainability work during the quarter. It confirms the importance of persistently developing our sustainability work to maintain customer trust in food quality and in our strong brand,” says Per Strömberg, CEO of ICA AB.

Some important events during the quarter

• ICA conducted extra analyses and checks in order to guarantee the correctness of lists of ingredients following the discovery of the horse meat fraud.
• ICA has initiated a pilot project, ICA Environmental Assessment, involving nine Chinese suppliers and factories. The aim is to reduce the environmental impact of ICA’s private label products and to secure ICA’s environmental demands.
  
• ICA’s owner Hakon Invest acquires Royal Ahold’s holding in ICA. Following the acquisition, ICA and Hakon Invest merge to form one group: ICA Gruppen. This may possibly affect the scope of reporting of ICA’s sustainability data as well as methods of measurement and calculation.

For more information
ICA’s press office, tel. 46 (0)70 253 66 60 (weekdays between 08:00-17:00).

The ICA Group (ICA AB) is one of the Nordic region’s leading retail companies, with around 2,150 of its own and retailer-owned stores in Sweden, Norway and the three Baltic states. The Group includes retail companies ICA Sweden, ICA Norway and Rimi Baltic; ICA Real Estate, which owns and manages properties; and ICA Bank, which offers financial services to Swedish customers. ICA AB is owned by Hakon Invest AB. For more information, please visit www.ica.se

Tags: