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Loblaw to purchase five Kenworth Class 8 hydrogen fuel cell trucks as it works to achieve net-zero carbon emissions by 2040; trucks feature range of over 700 kilometers, providing Loblaw its first viable solution for decarbonized long-haul deliveries
Published: May 25, 2023 by Loblaw Cos. Ltd.
Loblaw to power over 280 locations in Alberta with electricity purchased from TC Energy that is generated by wind, sun and water; company says move is a 'Canadian first' and will cut its nationwide operating carbon emissions by 17%
Published: May 04, 2023 by Loblaw Cos. Ltd.
Loblaw releases ESG report, highlights include: GHG emissions down 8% from 2020; 35% compliance with Golden Design Rules for own brand and in-store plastic packaging; goal for 100% of Joe Fresh e-commerce packaging to be made of recycled materials by 2025
Published: May 03, 2023 by Canada StockWatch
Loblaw's Q1 net earnings available to common shareholders down 4.3% year-over-year to C$418M; revenue up 6.0% to C$13.0M, food retail same-store sales up 3.1%, drug retail up 7.4%, e-commerce sales down 1.1%
Published: May 03, 2023 by Loblaw Cos. Ltd.
Loblaw scrutinized for awarding president Galen Weston with C$11.8M package as he departs the company, which is pay 340 times higher than a frontline grocery worker makes; critics urge company to divert funds to retaining essential long-term workers
Published: April 20, 2023 by Canada StockWatch

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