Ahold Delhaize releases the call for the 2023 annual general meeting of shareholders and prints the 2022 annual report.
The 2022 Annual Report, an integrated report that gives a summary of the Company’s financial and ESG success in 2022, is published today by Ahold Delhaize. The subject of this annual report is “Local matters,” reflecting the fact that Ahold Delhaize is a family of fantastic local brands that serve millions of customers every day. Our brands are able to provide local communities and customers with best-in-class digital solutions by utilising the size and efficiency of a global organisation. This makes sustainable and healthy food available to everyone. The report will be discussed at the annual shareholders meeting (AGM), which is scheduled for April 12, 2023.
According to Ahold Delhaize CEO Frans Muller, “2022 was a challenging year that placed a strain on associates and on the communities—particularly as a result of the war in Ukraine. I’m appreciative and proud of the individuals from all of our companies who have helped the afflicted and those escaping the violence by giving them shelter, food, and employment. We also observed the effects on people’s mental health, which was already under stress following the COVID-19 pandemic’s two trying years. Our companies put a lot of effort into assisting employees, continuing to support their overall and mental health.
The brands responded to these conditions by investing in high-quality own-brand products, extending the selection of price-entry products, and providing more individualised discounts through their loyalty programmes. Their goal has remained to keep grocery prices as low as possible while ensuring that everyone has access to healthy food options. Our Save For Our Clients cost-saving initiative, which set a record in 2022 with €979 million in savings, has been intensified. Additionally, our companies contributed significantly to the local communities, totaling €218 million in cash and food and product value.
Our Leading Together strategy, as well as our growth drivers of e-commerce and digitalization, health and sustainability, developing talent, and operational excellence, have seen significant success. As an illustration, consider the substantial increase in our interim scope 3 CO2 emissions reduction objective to 37% by 2030, in line with the UN target of limiting global warming to below 1.5°C. This shows not only our dedication to achieving our lofty sustainability goals, but also our desire to take the lead in promoting sustainability throughout the food store industry and our value chain.
Even in these challenging times, we will be able to care for customers in the local communities our brands serve by investing in our future and the interests of all of our company’s stakeholders, including workers and shareholders.
Ahold Delhaize anticipates that the difficult macroeconomic environment will persist in 2023. The business keeps its attention on providing customers with an omnichannel shopping experience so they can shop whenever and wherever they want while also continuing to offer cheap and nutritious food choices. The business will also up its Capex expenditures to 2.5 billion euros. This will involve making investments in digital and internet tools as well as programmes that support our goals for sustainability and good health.
The schedule of the Annual General Meeting of Shareholders (AGM), which will take place on April 12, 2023, will include Ahold Delhaize’s 2022 Annual Report. You can access the convocation, the programme (which includes explanatory notes), and other pertinent materials for the AGM here.
Here you can access the 2022 Yearly Report.