Hashtag
Men's Weekly

Simplifying Waste Disposal with Rubbish Removals Melbourne

Managing waste is one of the everyday challenges that homeowners, tenants, and businesses face. In a city as busy and dynamic as...

Breastfeeding After a C-Section: How to Get Started Comfortably

It is quite common that a mom, after a C-section, as she recovers, finds breastfeeding quite challenging. It is a fact that many...

Botox Treatment to Shrink Large Pores

Visible pores are a common frustration. Even with a dedicated cleansing and exfoliating routine or the latest serums, pores can ...

Why Does My Baby Pull Away and Cry While Breastfeeding?

Feeding from the breast is a warm and close time between a mom and her baby. But it can be hard too. Many parents feel sad when th...

How to Choose the Right Earplugs for Sleeping: A Comprehensive Guide

Getting a restful night's sleep is essential for overall health and well-being. For many, external noises—be it a snoring partner...

The Role of an Asbestos Removalist in Melbourne

Hiring an asbestos removalist Melbourne is not just a matter of convenience—it's a legal and health necessity. Asbestos is a haz...

The report highlights the efforts DFI has made and its accomplishments in various areas of environmental stewardship, such as 19% reduction in Scope 1 and 2 greenhouse gas (GHG) emissions[1] compared to its 2021 baseline, reducing 110 tonnes of plastic usage in Own Brand Health and Beauty products and increasing waste diversion rate.

DFI Retail Group releases Sustainability Report 2023
DFI Retail Group releases Sustainability Report 2023

As part of its mission, DFI strives to sustain the planet, source responsibly and serve communities. Within the framework, the goals of which range from reducing energy, plastic usage and waste; to eliminating harmful refrigerants; improving human, animal and land welfare; reducing hunger, the cost of living, and raising self-esteem. These are incorporated in DFI's operations, ensuring sustainable practices that benefit both customers and the communities it serves.

Mr. Scott Price, Group Chief Executive of DFI Retail Group, said, 'As a leading pan-Asian retailer, we have a unique opportunity to contribute to and be a part of the solution to achieving a sustainable future for all our customers, communities, and businesses. We take this responsibility very seriously, and being part of the solution is essential to our Customer First, People Led and Shareholder Driven strategic framework.'

Looking forward, DFI is dedicated to further embedding environmental, social, and governance (ESG) principles into daily operations and business strategies. Through a range of sustainability initiatives, DFI strives to achieve its goals in the markets and communities it serves, bringing about positive changes and continuously enhancing the Group's contributions towards a sustainable future.

Key highlights from the 2023 Sustainability Report include:

1. Emission Reduction and Climate Commitments :
  • Science Based Targets Initiative (SBTi) validation: DFI became one of the first Asian retailers to be validated by SBTi for its near-term GHG emissions reduction targets. For Scope 1 and 2, the committed target is to reduce half emissions by 2030. DFI has also pledged separately to achieve net-zero emissions by 2050, with a yearly plan and investments planned to achieve this long-term goal. SBTi has also validated DFI's Scope 3 emissions reduction target, focusing on purchased goods and services (category 1) and other significant categories.
  • Reduction in GHG emissions: DFI achieved a remarkable 19% reduction in Scope 1 and 2 GHG emissions compared to its 2021 baseline. It reflects DFI's ongoing efforts to mitigate direct and indirect emissions and combat climate change.
2. Enhanced Environmental, Social, and Governance (ESG) Performance:
  • Morningstar Sustainalytics rating: DFI ESG risk rating has improved from 25.3 in 2022 to 22.9 in 2023, advancing the company from the top 50% to the top 29% in the Global Food Retail sub-industry rankings. Sustainalytics has given DFI the overall ESG management a "Strong" rating, despite the company's above-average risk exposure for their sub-industry.
3. Progress in waste diversion:
  • DFI achieved a 54% waste diversion rate in 2023, up from 51% in 2022, underscoring the Group's commitment to diverting waste from landfills and promoting recycling and sustainable waste management practices.
4. Committing to reducing plastic waste:
  • DFI achieved a commendable 38% reduction in plastic bags and plastic wrap usage compared to 2022. Demonstrating the Group's efforts to minimize the environmental impact of its operations.
5. Improving the recyclability of Own Brand products' packaging:
  • As of 2023, 57% of these Own Brand products' plastic packaging are recyclable. enhancing the circularity of packaging materials.

For detailed information on the various initiatives undertaken by DFI towards sustainable development, please refer to the DFI Sustainability Report 2023 here.

https://sr.dfiretailgroup.com/2023


[1] Scope 1 covers emissions from sources that an organization owns or controls directly; Scope 2 are emissions that a company causes indirectly and come from where the energy it purchases and uses is produced; Scope 3 encompasses emissions that are not produced by the company itself and are not the result of activities from assets owned or controlled by them, but by those it's indirectly responsible for up and down its value chain.

Hashtag: #DFIRetailGroup #DFI #ESG #Sustainability #SustainabilityReport

The issuer is solely responsible for the content of this announcement.

About DFI Retail Group

DFI Retail Group (the 'Group') is a leading pan-Asian retailer. The Group provides quality and value to Asian consumers by offering leading brands, a compelling retail experience and great service; all delivered through a strong store network supported by efficient supply chains.

The Group (including associates and joint ventures) operates under a number of well-known brands across six divisions. The principal brands are:

Food
Wellcome in Hong Kong; Yonghui in Chinese mainland; Cold Storage and Giant in Singapore; Hero in Indonesia; and Robinsons in the Philippines.

Convenience
7-Eleven in Hong Kong and Macau, Singapore and Southern China.

Health and Beauty
Mannings in Chinese mainland, Hong Kong and Macau; Guardian in Brunei, Cambodia, Indonesia, Malaysia, Singapore and Vietnam.

Home Furnishings
IKEA in Hong Kong and Macau, Indonesia and Taiwan.

Restaurants
Hong Kong Maxim's group in Chinese mainland, Hong Kong and Macau S.A.R., Cambodia, Malaysia, Singapore, Thailand, Vietnam and Laos.

Other Retailing
Robinsons in the Philippines operating department stores, specialty and DIY stores.

IN THE NEWS

Global Tourism Elites Gather for "Night of Hainan"

SANYA, CHINA – Media OutReach Newswire – 9 June 2025 – On June 7, more than 450 global tourism industry .

Infinity Financial Advisory Partners with Dreamer Group to Share Exclusive Estate and Legacy Plannin…

TAIPEI, TAIWAN - Media OutReach Newswire - 18 April 2025 - On April 9–10, 2025, Infinity Financial Advi.

XTransfer Stage Speech Captivates Audience at Singapore Fintech Festival

Highlighting Financial Risk Control Innovations, Actively Exploring Regional Collaboration Opportunities .

What is the Future of Esports

Online gaming is a means of entertainment. However, it has many benefits such as helping people devel.

Hong Kong: future-proofing the financial system for long-term sustainability

HONG KONG SAR - Media OutReach Newswire - 24 October 2024 - Paul Chan, Financial Secretary of the Hong K.

The Cruise Handbook from Lonely Planet

Published in January 2019, The Cruise Handbook from Lonely Planet is packed with inspiring ideas and es.

Health & Wellness

How to Choose the Right Earplugs for Sleeping: A Comprehensive Guide

Hashtag.net.au - avatar Hashtag.net.au

Getting a restful night's sleep is essential for overall health and well-being. For many, external noises—be it a snoring partner, traffic, or noisy neighbors—can disrupt sleep patterns. One effective...

How Teen Depression Differs from Normal Adolescent Mood Swings

Hashtag.net.au - avatar Hashtag.net.au

Adolescence is often described as a turbulent period of life. Hormonal changes, social pressures, academic stress, and the search for identity all combine to make the teenage years emotionally inten...

Why Regular Visits to a Trusted Dentist Matter More Than You Think

Hashtag.net.au - avatar Hashtag.net.au

Seeing a dentist is often associated with pain or emergency situations. However, routine dental visits play a much larger role in maintaining not only oral health but your overall wellbeing. Whether...