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BJ’s Wholesale Club releases inaugural ESG report

The report highlights BJ’s environmental, social and governance objectives and progress.
Levy

BJ’s Wholesale Club has released its first Environmental, Social and Governance report. The report represents how the company served its members, team members and communities in its 2022 fiscal year and demonstrates BJ’s commitment to transparently communicating its ESG efforts.

“We believe it is our responsibility to ensure BJ’s Wholesale Club contributes to the health of the communities where we live and work,” said Bob Eddy, president and CEO of BJ’s Wholesale Club. “We have dedicated time and resources toward improvements and programs that will positively impact our members, team members and communities.”

The ESG report, a significant milestone for BJ’s, highlights its commitment to reporting its ESG progress. The report covers key areas, including:

Environmental stewardship:

  • Energy efficiency improvements, including replacing and upgrading equipment in clubs to reduce energy consumption; and
  • Increased recycling and waste reduction efforts, including the implementation of a food waste diversion program with a commitment to reduce food loss and waste by 50% by 2030.

[Read more: BJ’s Wholesale Club sets opening date for latest New York club]

Social responsibility:

  • A commitment to inclusion and diversity, including hiring practices that ensure a diverse workforce and opportunities to grow and develop within the company;
  • Over $1.4 million in grants provided by BJ’s Charitable Foundation to help families gain access to basic essentials, including fresh food, education and wellness; and
  • Over 10.7 million meals provided through the BJ’s Feeding Communities program delivered in partnership with Feeding America.

[Read more: BJ's Wholesale Club reports strong Q2, first half fiscal 2022 results, raises guidance]

Corporate governance:

  • Established an ESG steering committee comprised of business leaders to oversee the company’s ESG strategy and progress; and
  • ESG oversight by the audit committee of the board of directors to ensure accountability and transparency.

To view the company’s ESG report, visit here.

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