Musgrave invests €25m in Centra and SuperValu stores as part of sustainability strategy
Musgrave is investing €25 million in SuperValu and Centra stores as part of a new sustainability fund aimed at helping retailers to achieve net zero carbon by 2040.
The supermarket supplier said the investment will result in an estimated 12% carbon reduction by the company over a two-year period.
In the Republic of Ireland, Musgrave is committing up to €50,000 per SuperValu store and up to €28,000 per Centra store.
Retailers can select suitable initiatives based on each store’s needs, including upgrading freezers and refrigeration units, LED lighting retrofit, solar panels, and electronic shelf edge labels.
Musgrave’s new sustainability strategy will also provide consumers with more sustainable shopping choices in-store.
It said it is committed to:
100% of its own brand packaging recyclable, reusable or compostable by 2025. Currently 90% of its own brand packaging is recyclable, reusable or compostable.
100% of produce packaging to be recyclable, reusable & compostable by 2025
100% of instore packaging to be recyclable, reusable & compostable by 2025
Noel Keeley, CEO, Musgrave Group said there has never been a time in human history when our collective effort will matter more than in dealing with the climate crisis.
“As a business with a presence in every community across the island of Ireland, we have a responsibility to take action and put in place real and substantive sustainability policies. The Musgrave Sustainability Fund is an important step on that journey.”
Mr Keeley said Musgrave’s network of retail partners, which includes 1,000 SMEs and local entrepreneurs, are committed to sustainability.
“Leveraging the passion and focus of this network of local business leaders gives us the unique ability to make every community in Ireland a sustainable one,” he stated.