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Sainsbury's unveils £1 billion sustainability plan

Sainsbury's has unveiled a new £1 billion plan which sets out 20 sustainability targets that the retailer will pledge to achieve by 2020.

GENERAL MERCHANDISE

Sainsbury's unveils £1 billion sustainability plan

Sainsbury's has unveiled a new £1 billion plan which sets out 20 sustainability targets that the retailer will pledge to achieve by 2020.

Key targets within the Sainsbury's 20 by 20 Sustainability Plan will include a commitment to increase the amount of British food the retailer sells by 100%, reducing operational carbon emissions by 30%, ensuring that 20,000 staff have reached 20 years service, and creating 50,000 new jobs in the UK.

The plan was backed by Prime Minister David Cameron who commented: "I welcome today's announcement from Sainsbury's. It is a great example of the principles of Every Business Commits - helping to create jobs and growth whilst also tackling our shared social and environmental challenges, investing in their workforce and in our communities, and building a bigger, stronger society."

Sainsbury's chief executive, Justin King, said: "Given the scale of our business, we believe these 20 commitments represent the most ambitious sustainability targets in our industry.

"If we are to meet the sustainability challenges that lie ahead, it is important that companies such as Sainsbury's invest in the future right now. We do not see this plan as a luxury, it is rather, an essential investment that will ensure we can continue to provide customers with quality food at fair prices, sustainably.”

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