AholdDelhaize
Koninklijke Ahold Delhaize N.V, stylized as Ahold Delhaize, is a Dutch multinational company owning various brands active in the food and retail sector. It was founded in 2016 after Ahold and Delaize Group merged.[1] The company is headquartered in Zaandam, the Netherlands, and is active in various European countries, the US and Indonesia. In the Netherlands the company's brands include: Albert heijn, Bol.com, Etos, and Gall&Gall. Ahold Delhaize's brands employ 413,000 associates in around 7,425 local groceries, small format, and specialty stores.[2] The company’s shares are listed on Euronext Amsterdam and Brussels and had a revenue of €75.6 billion in 2021.[3]
Company Structure
Name | Function | Remuneration x1000EUR |
---|---|---|
Frans Muller | Chief Executive Officer & Chairman | 5,718 |
Natalie Knight | CFO | 3,097 |
Kevin Holt | CEO Ahold Delhaize USA | 4,868 |
Wouter Kolk | CEO Ahold Europe and Indonesia | 2,996 |
Jan Ernst de Groot | Chief Legal Officer | Unkown |
Natalia Wallenberg | Chief Human Resources Officer | Unkown |
Ben Wishart | Global Chief Information Officer | Unkown |
Name | Function | Remuneration x1000EUR |
---|---|---|
Peter Agnefjäll | Chair member | 230 |
Bill McEwan | Vice Chair | 162 |
René Hooft Graafland | Member | 134 |
Katie Doyle | Member | 133 |
Helen Weir | Member | 128 |
Mary Anne Citrino | Member | 125 |
Frank van Zanten | Member | 117 |
Bala Subramanian | Member | 89 |
Jan Zijderveld | Member | 93 |
Accountant
On April 14, 2021, the General Meeting of Shareholders appointed PricewaterhouseCoopers Accountants N.V. as the external independent auditor for the Company for the financial year 2021.[6]
Main Activities
Ahold Delhaize is one of the world's largest food retail groups with stores in the United States, Europe, and Indonesia. [7] The company has 55 million shoppers per week in about 7,452 stores.
Government
Ahold Delhaize received Royal Status from Queen Beatrix in 1987. Ahold Delhaize did not receive NOW-support during corona times.
Paris Agreement to Today
In November 2021 ClientEarth and the Plastic Soup Foundation filed a joint complaint against AholdDelhaize at the Autoriteit Financiële Markten (AFM) regarding transparency on the usage of plastic waste. The AFM is the Dutch authority supervising the behavior of participants in financial markets and falls under the supervision of the Dutch minister of finance, which at the time was Wobke Hoekstra. According to the environmental organizations AholdDelaize did reported insufficiently on its plastic waist in their annual report, violating EU guidelines.
In November 2021 AholdDelhaize stated to strengthen their commitments and set the target to reduce the emissions of their own emissions to net zero by 2040. However, this would not include their scope 3 emissions which account for the vast majority of their total emissions.
In may 2021 AholdDelhaize, along with other companies, signed an open letter to the Brazilian government to stop legislation that would make deforestation for agriculture in Brazil (mostly soy) easier. However, according to a Greepeace study Albert Heijn nevertheless makes about 40 million euros of profit from Brazilian soy beans, while 22% of all Brazilian soy exported to Europe is the result of illegal deforestation according to a study in Science magazine.
Financial Results since 2015
Year | Revenue | Profit | Dividend (per common share) |
---|---|---|---|
2015[8] | 23.2 billion EUR | 10.4 billion EUR | 0.52 EUR |
2016[9] | 62.4 billion EUR | 13.4 billion EUR | 0.57 EUR |
2017[10] | 62.9 billion EUR | 16.7 billion EUR | 0.63 EUR |
2018[11] | 62.6 billion EUR | 16.9 billion EUR | 0.70 EUR |
2019[12] | 66.3 billion EUR | 18 billion EUR | 0.76 EUR |
2020[13] | 74.7 billion EUR | 20 billion EUR | 0.90 EUR |
2021[14] | 75.6 billion EUR | 20 billion EUR | 0.95 EUR |
Scandals and controversies
Any dirt on the companies can be added here.
Current Emissions
Scope 1 | Scope 2 | Scope 3 |
---|---|---|
1.73 Megatonnes of CO2 (2020) | 1.85 Megatonnes of CO2 (2020) | 65.93 Megatonnes of CO2 (2020) |
Scope 1 & 2
Type | 2021 |
---|---|
Scope 1 location based | 1.73 |
Scope 2 Market Based | 1.10 |
Scope 2 Location Based | 1.75 |
Total | 5.58 |
Ahold Delhaize reports its scope 1 and 2 emissions based on the Greenhouse Gas Protocol Corporate Standard. Types of emissions included in Scope 1 and 2 for Ahold Delhaize is Energy Consumption, Refrigerants, and Transport. [15]
Scope 3
The scope 3 emissions are emissions from the company's value chain. By far the biggest portion of Ahold Delhaize’s total emissions can be attributed to their scope 3 emissions. The biggest contribution in scope 3 comes from purchased goods and services, namely 88%.[16] In 2021 Ahold Delhaize' scope 3 emissions were 65.93 Megatonnes of CO2
Climate Policy and Plans
In their 2020 sustainability report Ahold Delhaize put forward two two key ambitions. First of all, they want to reduce absolute emissions from their own operations (scope 1 and 2) by 50% between 2018-2030. Secondly, they want to reduce absolute emissions from their value chain (scope 3) by 15% between 2018-2030. They also aim to be net zero (scope 1,2 and 3) in 2050 and remain under 1.5 degrees celcius as committed through their partnership with the Race To Zero trajectory of Science Based Targets initiative (SBTi).
Ahold Delhaize has put little concrete plans in their 2020 sustainability report to live up to these goals. With regard to scope 1 and 2 emissions the company plans to invest in energy efficiency and reduce energy consumption in their stores. Ahold Delhaize also commits itself to improve its refrigeration systems and accelerate the replacement of hydrofluorocarbons (HFCs). No targets on investments or energy concumption, however, are set in their report on energy consumption in their stores.
The company says it will reduce its scope 3 emissions by relying on improvements from partners in their value chain, for example by developing and implementing new technologies. No specific targets or short term goals have been set for the various sectors in their value chain.
Due Diligence
Keep the broader context in mind. Is the company integer when it comes to deforestation, palm oil, biodiversity, human rights etc etc? Be critical in the sources used here.
Conclusion
Beschrijving of de plannen in lijn zijn met 'Parijs'
References
- ↑ https://www.aholddelhaize.com/about/
- ↑ https://www.aholddelhaize.com/about/
- ↑ https://media.aholddelhaize.com/media/2zdi1gsi/aholddelhaize_ar21_interactive.pdf?t=637819090356130000 p3
- ↑ https://www.aholddelhaize.com/about/leadership/
- ↑ https://media.aholddelhaize.com/media/2zdi1gsi/aholddelhaize_ar21_interactive.pdf?t=637819090356130000
- ↑ https://media.aholddelhaize.com/media/2zdi1gsi/aholddelhaize_ar21_interactive.pdf?t=637819090356130000 p141
- ↑ https://www.aholddelhaize.com/about/
- ↑ https://media.aholddelhaize.com/media/as2deaxh/ahold_ar15_fullreport_interactive.pdf?t=637526932791570000
- ↑ https://media.aholddelhaize.com/media/s1pjua0t/ahold-delhaize-annual-report-2016.pdf?t=637526936571830000
- ↑ https://media.aholddelhaize.com/media/g1ujnffp/180302_aholddelhaize_annualreport_2017.pdf?t=637526254704000000
- ↑ https://media.aholddelhaize.com/media/rsjhnqh4/ahold-delhaize-annual-report-2018-interactive.pdf?t=637526940345400000
- ↑ https://media.aholddelhaize.com/media/1xbnvzzk/ahold-delhaize-annual-report-2019.pdf?t=637526941720330000
- ↑ https://media.aholddelhaize.com/media/emmkj0we/annual_report_2020_full_links-1.pdf?t=637526943268000000
- ↑ https://media.aholddelhaize.com/media/2zdi1gsi/aholddelhaize_ar21_interactive.pdf?t=637819090356130000
- ↑ https://media.aholddelhaize.com/media/2zdi1gsi/aholddelhaize_ar21_interactive.pdf?t=637819090356130000 p262
- ↑ https://media.aholddelhaize.com/media/2zdi1gsi/aholddelhaize_ar21_interactive.pdf?t=637819090356130000 p263