Wakefern Food Corp is a leading supermarket chain in the United States of America. It operates under various banners, including ShopRite, Price Rite Marketplace, and The Fresh Grocer. Wakefern is a cooperative of independent grocery stores, which means that each store is independently owned and operated, but they work together to achieve common goals. Wakefern is committed to sustainability and has implemented several initiatives to reduce its carbon footprint and promote renewable energy.
Decarbonisation is a key focus for Wakefern, and the company has set ambitious targets to reduce its greenhouse gas emissions. Wakefern has committed to reducing its emissions by 50% by 2030, compared to its 2005 baseline. To achieve this target, Wakefern is implementing several initiatives, including energy efficiency measures, renewable energy, and the use of low-carbon fuels.
Corporate energy is another area of focus for Wakefern. The company has implemented several energy efficiency measures across its stores and warehouses, including LED lighting, high-efficiency HVAC systems, and energy-efficient refrigeration. Wakefern has also invested in renewable energy, including solar and wind power. The company has installed solar panels on the roofs of several of its stores and warehouses, which generate clean energy and reduce the company's reliance on fossil fuels.
Corporate power purchase agreements (PPAs) are another way that Wakefern is promoting renewable energy. A corporate PPA is a contract between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy at a fixed price over a set period. Wakefern has signed several PPAs with renewable energy providers, which has allowed the company to purchase renewable energy at a lower cost than traditional fossil fuels.
Renewable energy is a key part of Wakefern's sustainability strategy. The company is committed to sourcing 100% of its electricity from renewable sources by 2030. To achieve this goal, Wakefern is investing in renewable energy projects, including solar and wind power. The company is also exploring the use of other renewable energy sources, such as geothermal and hydroelectric power.
In addition to its sustainability initiatives, Wakefern is also committed to supporting the communities it serves. The company has several programs in place to support local farmers and suppliers, including its Local Growers program, which promotes locally grown produce. Wakefern also supports local food banks and charities, and has donated millions of dollars to these organizations over the years.
Overall, Wakefern Food Corp is a leading supermarket chain in the United States that is committed to sustainability and reducing its carbon footprint. The company has implemented several initiatives to promote renewable energy, including energy efficiency measures, corporate PPAs, and the use of solar and wind power. Wakefern is also committed to supporting the communities it serves and promoting local farmers and suppliers. With its focus on sustainability and community, Wakefern is a leader in the supermarket sector and a model for other companies to follow.