Overview
At Sainsbury's we recognise that we need to act responsibly in managing our impact on a range of stakeholders – customers, colleagues, communities, investors, suppliers and the environment.
Corporate responsibility goes beyond our commercial performance but is not separate from it. It is integral to our business and to what we stand for, as set out in our Goal and Values.
We published our first corporate responsibility report online last year. Reaction was positive and we came joint 4th in an annual survey of online reporting by FTSE100 companies, carried out by the communications company CTN.
This is our Corporate Responsibility report for Sainsbury's Supermarkets and Sainsbury's Bank for the year ended 26th March 2005. All data refers to that period unless otherwise indicated.
There are many CR issues which supermarkets have to deal with. We believe it is important to focus our main effort on a number of priorities. In setting these priorities we have identified the issues which are of most relevance to our customers, colleagues and the communities where we operate. See How we manage CR for an explanation of how we have decided on our priorities.
CR in our annual report
From 2006 all UK-quoted companies will be required to report on material non-financial risks in the Operating and Financial Review of their Annual Report. We are assessing the appropriate reporting of environmental and social issues in our next Annual Report in the light of the new regulations.
