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From 2023 to 2024, Ocado Group improved its position in the FTSE4Good Index Series from the 56th percentile score in the global retail sector to the 84th percentile score (where 99th percentile is top 1%).
By focusing our ESG strategy development on responsible sourcing, customer responsibility and human rights, we almost doubled our score on the Social pillar.
Examples of the initiatives implemented this year include; a newly launched Code of Conduct policy, introducing a pre-qualification questionnaire for new suppliers to identify potential risks, and establishing a mandatory onboarding process for suppliers to set accountability standards.
Sustainability Director, Julia Rowe commented:
We are proud and delighted to be acknowledged by FTSE Russell as a constituent of the FTSE4Good Index Series. This recognition highlights our ongoing commitment to sustainability and ESG as a responsible technology business."
We look forward to continuing to work with our employees, suppliers, customers and partners to build on this work in the future.
To dive deeper into our ESG strategy and practices, visit our Sustainability page.
About the FTSE4Good Index
Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products.
FTSE Russell evaluations are based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. Businesses included in the FTSE4Good Index Series meet a variety of environmental, social and governance criteria.
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