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Pet Valu Introduces its First Environmental, Social and Governance Report

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Showcases dedication to accountable and sustainable business practices

MARKHAM, ON, Nov. 15, 2023 /CNW/ – Pet Valu Holdings Ltd. (“Pet Valu” or the “Company”) (TSX: PET), the main Canadian specialty retailer of pet meals and pet-related provides, as we speak launched its first Environmental, Social, Governance (“ESG”) report for its fiscal 12 months ended December 31, 2022. The report offers a complete overview of key ESG elements that assist allow Pet Valu to ship on its strategic, operational and monetary objectives.

Pet Valu (CNW Group/Pet Valu Canada Inc.)Pet Valu (CNW Group/Pet Valu Canada Inc.)

Pet Valu (CNW Group/Pet Valu Canada Inc.)

“Our mission, values and technique are anchored within the perception that using sustainable business practices throughout Pet Valu helps ship worthwhile development and create worth over the long-term,” mentioned Richard Maltsbarger, President and Chief Executive Officer of Pet Valu. “As a end result, accountable administration of many ESG issues have lengthy been embedded in how we function, from fostering sturdy relationships with our franchisees and Animal Care Experts (“ACEs”) to using good governance practices all through our organization.”

Key highlights of Pet Valu’s 2022 ESG report embody discussions of how the Company:

  • Fosters sturdy franchisee relationships by means of strong screening, onboarding and engagement processes, in addition to efficient monitoring procedures and instruments;

  • Provides a welcoming and fascinating ACE working atmosphere by means of a deal with security, inclusivity, and compelling alternatives;

  • Manages vitality & emissions to ship effectivity whereas contributing to international efforts to restrict the impression of local weather change;

  • Responsibly stewards its operations, guided by a majority impartial, various and well-rounded Board of Directors;

  • Sells secure and high-quality merchandise by means of sturdy vendor security requirements, high quality assurance and proactive recall procedures.

“We plan to build on the inspiration set by our first ESG report in subsequent years,” continued Mr. Maltsbarger. “As we monitor our ongoing efficiency throughout key ESG metrics, we are going to begin to evaluate establishing time-based targets, the place acceptable, whereas additional strengthening our method and oversight of those key ESG issues as we develop.”

A downloadable copy of Pet Valu’s 2022 ESG report is available at https://investors.petvalu.com/ESG.

About Pet Valu

Pet Valu is Canada’s main retailer of pet meals and pet-related provides with over 700 corporate-owned or franchised areas throughout the nation. For greater than 40 years, Pet Valu has earned the belief and loyalty of pet mother and father by providing educated customer support, a premium product providing and fascinating in-store companies. Pet Valu’s neighbourhood shops supply greater than 7,000 competitively-priced merchandise, together with a broad assortment of premium, tremendous premium, holistic and award-winning proprietary manufacturers. To be taught extra, please go to: www.petvalu.ca.

SOURCE Pet Valu Canada Inc.

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