Axfood AB 2024 IR

The report highlights Axfood's strong performance in 2024, growing faster than the market and increasing its market share for the tenth consecutive year. Key milestones included the acquisition of the hypermarket chain City Gross and the completed ramp-up of the highly automated logistics centre in Balsta. In sustainability, the company achieved its target of a 50% reduction in food waste in its own operations ahead of schedule and accelerated its transition to renewable fuels, reducing its transport carbon footprint by over 30% since last year. Additionally, Axfood progressed its climate agenda by establishing Sweden's largest solar park in cooperation with Alight.

Company: Axfood AB

Sector: Consumer Staples

Country: Sweden

Year: 2024

Type: IR

Pages: 159

Axfood AB 2024 Annual and Sustainability Report

Annual And Sustainability Report

The report highlights Axfood's strong performance in 2024, growing faster than the market and increasing its market share for the tenth consecutive year. Key milestones included the acquisition of the hypermarket chain City Gross and the completed ramp-up of the highly automated logistics centre in Balsta. In sustainability, the company achieved its target of a 50% reduction in food waste in its own operations ahead of schedule and accelerated its transition to renewable fuels, reducing its transport carbon footprint by over 30% since last year. Additionally, Axfood progressed its climate agenda by establishing Sweden's largest solar park in cooperation with Alight.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

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

Renewable Energy

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees