“Cooperation was in focus in many ways during the second quarter. Cooperation with other companies and community stakeholders means that we can achieve our sustainability targets more quickly,” says Per Strömberg, CEO of ICA Gruppen.
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- ICA Sweden has started a cooperation with the Federation of Swedish Farmers (LRF). The aim is to combine forces to broaden the range of Swedish products in the stores. Several of ICA’s upcoming product launches will therefore focus on Swedish origin. During the quarter ICA Sweden introduced the concept “ICA Good Taste from”, a range which focuses on local flavours and genuine artisan food.
- An audit was performed of ICA Sweden’s Danish pork suppliers. The audit was part of ICA’s ongoing dialogue with the Danish pig industry which includes improved animal welfare. At the same time, ICA Sweden continued its efforts to increase the proportion of Swedish pork in the product range.
- ICA Sweden’s sales of organic items continues to show a sharp increase. In the second quarter of this year, organic sales in the central product range increased by 62%.
- ICA Gruppen has joined a network for aid and entrepreneurship, Swedish Leadership for Sustainable Development. The idea is to exchange experiences and together create new opportunities and through entrepreneurship provide people in poor areas with opportunities to improve their living conditions. The network is coordinated by Sida, Swedish International Development Cooperation Agency.
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ICA Gruppen discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.00 CET on Thursday, 21 August 2014.