Annual Report

The report describes a 2022/23 year in which the company increased group sales to 30,551 million euros while continuing its sCore multichannel strategy, acquiring Johan i Hallen & Bergfalk and completing the sale of METRO India. Sustainability highlights include a revised materiality analysis, the ESG Peer Group's group-wide role, EU Taxonomy reporting, 21 additional photovoltaic plants and a reported 23% reduction in food waste against the 2017/18 baseline. The company also reports a climate-neutral business target for 2040, a 60% Scope 1 and 2 intensity-reduction target by 2030, and a 15% absolute Scope 3 reduction target by 2030.