Axfood AB 2023 IR

The report highlights Axfood's strong performance in 2023, achieving net sales of SEK 81.1 billion and growth twice that of the market despite high food inflation. Key milestones included the operational launch of the highly automated logistics centre in Bålsta and the installation of Sweden's largest rooftop solar power facility. In sustainability, the company reduced food waste in stores to 1.1% and maintained an even gender balance with 51.2% of management positions held by women. However, the share of sustainability-labelled products declined slightly to 26.6% due to increased consumer price consciousness.

Company: Axfood AB

Sector: Consumer Staples

Country: Sweden

Year: 2023

Type: IR

Pages: 135

Axfood AB 2023 Annual and Sustainability Report

Annual And Sustainability Report

The report highlights Axfood's strong performance in 2023, achieving net sales of SEK 81.1 billion and growth twice that of the market despite high food inflation. Key milestones included the operational launch of the highly automated logistics centre in Bålsta and the installation of Sweden's largest rooftop solar power facility. In sustainability, the company reduced food waste in stores to 1.1% and maintained an even gender balance with 51.2% of management positions held by women. However, the share of sustainability-labelled products declined slightly to 26.6% due to increased consumer price consciousness.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Integrated Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Total Waste

Women on Board

Women in Management

Net Zero Target

Employees