We are committed to delivering growth and long-term value for our stakeholders, maintaining high standards and managing our impact.
Our ESG strategy
The Group’s business strategy comprises the pillars: optimising and expanding our store network, enhancing the customer offer, driving cost and operational efficiency and investing in infrastructure and people to support growth. As shown on the right, these four pillars also form the foundation of our approach to ESG. Our focus is on providing value to our customers, driving sustainability into every price point and product offering. We believe in the democratisation of sustainability – so everyone can participate in protecting the planet, ensuring fair working conditions and being a good citizen – no matter the size of their budget.
Our ESG strategy is set at Group level and pulls together the ESG plans and actions of our operating companies. We share best practice and leverage expertise through our internal working groups. For reporting purposes, data and target setting approaches are harmonised. Governance is managed through ensuring accountability and the effective operation of Committees at both operating company and Group levels.
We recognise the importance of collaborating across the value chain and with other industries and NGOs to create a more sustainable future and a fair society. Therefore, Pepco Group has joined a number of external organisations and sought accreditations which demonstrate our commitment to ESG.
Sustainability context
Our approach to ESG
At Pepco Group, we aim to democratise sustainability for our customers by offering affordable choice and demonstrating that price is not a barrier to sustainable and ethically produced products. As a retailer with 57m customer transactions per month we develop engagement possibilities with a diverse range of communities and individuals across the world.
An example of this is our September 2023 UK store campaign together with the Energy Saving Trust and Smart Energy GB. It is designed to help our customers consider how they could reduce energy consumption and save money by thinking smartly about what products they buy and how they use them.