Loblaw Companies Limited
COMPANY OVERVIEW:
Loblaw Companies Limited is Canada's largest food retailer and a leading provider of drugstore, general merchandise and financial products and services.
KEY ISSUES:
  • GHG emissions and climate policy
  • Food system sustainability and access to nutrition
  • Worker safety in the supply chain
  • Cotton in the supply chain
  • Enhancing supply chain disclosure
Loblaw Companies Limited
Sector: Consumer
Website: www.loblaw.ca
Funds: NEI Ethical Canadian Equity Fund *
DOWNLOAD DIALOGUE
2014
This dialogue was resumed in response to portfolio changes. We approached the company to request a meeting to discuss sustainability issues.

This dialogue was planned to continue from 2013, but was paused in 2014 in response to portfolio changes before engagement could be initiated.
2013
We had begun a dialogue with Loblaw in 2012 about supply chain management disclosure and compliance for its Joe Fresh clothing brand. Joe Fresh was one of the brands supplied by garment workers killed and injured in the Rana Plaza factory building disaster in April 2013. In May 2013 we wrote to Loblaw asking the company to sign the Accord on Fire and Building Safety in Bangladesh, a multi-stakeholder agreement to promote safer factory buildings. Loblaw signed the agreement, becoming the first Canadian corporate participant, and was also among the first companies to offer compensation to Rana Plaza victims. We paused the engagement when the portfolio manager sold the holding.


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