ICA-gruppen


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ICA-gruppen

  • About ICA Gruppen

    About ICA Gruppen

    Focus on food and health

    ICA Gruppen is a leading retail company with focus on food and health. The Group includes ICA Sweden and Rimi Baltic, which mainly conduct grocery retail, ICA Real Estate, which owns and manages properties, ICA Bank, which offers financial services, and Apotek Hjärtat, which conducts pharmacy business.

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    • Our business
    • Our values
    • Goals and strategy
    • Community engagement
    • Organization
    • Corporate governance

    Our companies

    Our operations are broken down into several company segments. Read more ›

    • Our companies
    • Business model
    • Markets
    • Our brands
    • Our history
    • Strategy
    • Financial targets
    • Sustainability targets
    • Board of Directors
    • Executive Management
    • Reports
    • Policies
    • Auditors
  • Sustainability

    Sustainability

    ICA Gruppen wants to be a positive force in society

    As a major player, we have a great responsibility, but also a great opportunity to have a genuine impact. For the past several years we have been working actively and in a structured manner with continuous improvement in all steps of the value chain.

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    • Sustainability governance
    • Our sustainability work
    • Climate
    • Human rights
    • Sponsorship
    • Question and answer

    In focus

    ICA Gruppen publishes annual report 2022

    • Our starting points
    • Materiality analysis
    • Strategies and goals
    • Certifications and standards
    • Initiatives and membership
    • Policies
    • Local
    • Environment
    • Health
    • Inclusion and diversity
    • Quality
    • Climate targets
    • TCFD
    • Carbon offsetting
  • Innovation

    Trends and innovation

    Innovative ideas are often created when in need to find a solution to a problem, or when something can be improved. At ICA Gruppen, we have both the will and the ability to improve. ICA Gruppen’s aim is to make a difference, both in our organization, and for a better tomorrow.

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    • Trends and innovation
    • ICAx - our innovationshub

    In focus

    Despite stricter rules to slow the spread – parents do not feel their children are healthier

  • Careers

    Careers

    At ICA, everyone’s ideas can make a difference. Together, we contribute to make every day a little easier and shape a better future for millions of people – every day. Want to join us?

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    • Available jobs
    • Find your area
    • Your future with us
    • Life at ICA
    • Student

    Available jobs

    Find available positions within ICA Gruppen ›

    • Work at ICA Gruppen
    • Work in a store
    • IT, tech and analytics
    • Category and buying
    • Marketing, sales and business development
    • Warehouse and logistics
    • More areas
    • Culture and values
    • Learning and development
    • Sustainability and CSR
    • Benefits and health
    • Diversity and inclusion
    • Meet our employees
  • Financial

    Financial information

    These pages contain published information about the Group and upcoming reports and presentations will be published here.

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    • Press releases
    • Reports and presentations
    • Credit market
    • Calendar
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    • Contact

    Reports and presentations

    Here you can find ICA Gruppen’s financial reports and presentations. Read more ›

    • Bond programme
    • Loans and credit facilities
    • Financial policy
    • Credit analysts
  • Media

    Media

    Welcome to ICA Gruppen's media room. Here you can find our press releases and news. You will also find, images and movies, our channels in social media, information about upcoming events and contact information to ICA's press service.

    Press service
    46+ (0) 10 422 52 52      press@ica.se

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    • Press releases
    • Images and films
    • Social media
    • Question and answer
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    • Contact

    Latest release

    ICA Gruppen publishes annual report 2022

    View all releases ›

  • Contact
  • Other pages
    • ICA Sweden
    • Rimi Baltic
    • Apotek Hjärtat
    • ICA Bank
    • ICA Insurance
    • ICA Real Estate
    • For suppliers
  • Swedish
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  • Sustainability
  • Climate
  • TCFD
Climate

TCFD

Since 2021 ICA Gruppen has been supporting the Task Force for Climate-related Financial Disclosure’s (the TCFD’s) principles for management and reporting of climate-related financial risks and opportunities. In 2022 the framework continued to be implemented within the organisation. Going forward ICA Gruppen will continue to develop its reporting in accordance with the TCFD’s recommendations.

ICA Gruppen’s operations include grocery retail, pharmacies, real estate, banking and insurance. Climate-related risks and opportunities are analysed both within each company and for the Group as a whole.

Governance

ICA Gruppen has a long-established responsibility at the board and management level for sustainability-related issues, which includes climate-related risks and opportunities. The strategic direction of ICA’s sustainability work is set by the Board of Directors and is managed through strategic planning and business planning processes. While the CEO is responsible for sustainability issues within the Group, management of the day-to-day work has been delegated to the Chief Corporate Responsibility Officer, who is member of the ICA Management Team. To support the Management Team and the Chief Corporate Responsibility Officer, ICA Gruppen has established a management team for sustainability consisting of all cross-functional sustainability managers.

Strategy

While the climate transition presents significant risks for ICA Gruppen’s businesses, strategies and financial planning, significant opportunities can also be attained if the Group responds to the changes in areas such as consumer attitudes and consumption patterns that the climate transition is bringing about. The climate issue is therefore an integral part of ICA Gruppen’s long-term strategic direction and of the ambition areas that have been identified for responding to the changes and drivers in the world around us. ICA Gruppen has an ambition to be an industry leader by 2025 in developing its operations toward net zero impact and to be recognised as a trusted source of guidance for making sustainable choices. Strategically important initiatives for reducing ICA Gruppen’s contribution to and exposure to the effects of climate change include ICA Gruppen’s climate ambition, ICA Gruppen’s fuel strategy (pertains to ICA Sweden and Apotek Hjärtat), and ICA Gruppen’s energy strategy.

Food production accounts for a significant share of global GHG emissions. ICA Gruppen’s grocery retail operations are therefore extra meaningful both for reducing the Group’s climate impact from a value chain perspective and for conveying the long-term opportunities that exist in the transition to a food system with a lower climate and environmental impact. ICA Sweden’s and Rimi Baltic’s efforts to promote locally and domestically produced foods both reduce vulnerability to climate-related disruptions in the global supply chain and meet the growing interest among consumers for locally produced foods. Efforts to develop an attractive and sustainable plant-based range, such as through ICA Växa, are also helping to build up an offering that meets customers’ future preferences. To develop its strategic management of climate-related risks and opportunities, in 2023 ICA Gruppen will be performing scenario analyses in selected areas, with a starting point in the mapping of climate risks that was conducted in the preceding year.

Risk management

Climate and sustainability risks already form part of the overall risk analysis for ICA Gruppen. In the review of the risk process that was conducted during the year, it was concluded that climate and sustainability risks are to be integrated in the ordinary risk management process based on the impact they have on ICA Gruppen, such as in the form of their impacts on the brand (brand risk), physical disruptions (operational risk) and higher costs (financial risk). In 2022 an expanded mapping of climate risks was conducted with focus on the grocery retail trade’s value chain (for a summary of this, see the annual report). In a next step, these too will be assessed based on potential financial impacts.

Measurement methods and targets

Since 2007 ICA Gruppen has been reporting climate emissions and setting targets for reducing its climate impact, with a starting point in accepted standards such as the GHG protocol and Science Based Targets. In 2022 the review of the Group’s Scope 3 emissions that was begun a year earlier was completed. However, calculating ICA Gruppen’s Scope 3 emissions still requires a number of assumptions and standardised estimates, and the work on improving data quality and calculation methods will continue during the coming year.

Additionally, during 2022 ICA submitted its commitment to the Science Based Targets initiative to set climate targets in line with the recently launched net zero standard. The commitment entails that ICA will strive to achieve the Paris Agreement’s 1.5C target and to have net zero emissions in the entire value chain by 2050 at the latest. In 2023 ICA Gruppen’s climate targets will be further clarified to meet the SBTi’s criteria. An important future development area will be to define measurement methods and targets in relation to the impact of climate-related risks and opportunities in ICA Gruppen’s operations, strategy and financial planning. This will follow once a more in-depth review of the strategy aspect, such as scenario analyses, has been completed.

Governance
  • Our starting points
  • Materiality analysis
  • Strategies and goals
  • Certifications and standards
  • Initiatives and membership
  • Policies
Sustainability work
  • Local
  • Environment
  • Health
  • Inclusion and diversity
  • Quality
Climate
  • Climate targets
  • TCFD
  • Carbon offsetting
Human rights Sponsorship Question and answer

ICA Gruppen AB

Box 4075

169 04 Solna, Sweden

Telephone

+46 (0) 8 56 15 00 00

Visitors adress

Kolonnvägen 20, 169 71 Solna

Customer service

+46 (0) 33 47 47 90

Solna, Sweden

To startpage

ICA Gruppen AB

ICA Gruppen AB

Box 4075

169 04 Solna, Sweden

Telephone

+46 (0) 8 56 15 00 00

Visitors adress

Kolonnvägen 20, 169 71 Solna

Customer service

+46 (0) 33 47 47 90

Headquarters

Solna, Sweden

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Latest news

Latest news

  • 2023-02-24 08:00 ICA Gruppen publishes annual report 2022
  • 2023-02-16 08:45 ICA Gruppen issues SEK 3.5 billion in bonds
  • 2023-02-08 09:35 Correction: ICA Gruppen year-end report 2022
  • 2023-02-08 07:00 ICA Gruppen year-end report 2022

Processing of personal data

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Social channels

Social channels

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About ICA Gruppen

  • Our business
  • Our values
  • Goals and strategy
  • Engagement
  • Organization
  • Corporate governance

Sustainability

  • Governance
  • Sustainability work
  • Climate
  • Human rights
  • Sponsorship
  • Question and answer

Innovation

  • ICAx - our innovationshub

Careers

  • Available jobs
  • Find your area
  • Your future with us
  • Life at ICA
  • Student

Financial

  • Press releases
  • Reports
  • Credit market
  • Calendar
  • Contact

Media

  • Press releases
  • Images and films
  • Social media
  • Question and answer
  • Subscribe
  • Contact


To startpage


ICA Gruppen AB

Box 4075

169 04 Solna, Sweden

Telephone

+46 (0) 8 56 15 00 00

Visitors adress

Kolonnvägen 20, 169 71 Solna

Customer service

+46 (0) 33 47 47 90

Solna, Sweden

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