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Name | Symbol | Market | Type |
---|---|---|---|
Tesco PLC (PK) | USOTC:TSCDY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.08 | -0.70% | 11.30 | 11.21 | 11.43 | 11.372 | 11.2803 | 11.372 | 57,590 | 21:00:29 |
By Dieter Holger
Tesco PLC (TSCO.LN) last year donated 63% more food to various causes that would have otherwise been thrown away, cutting its wasted food ratio 17% from the previous year, the British grocer said Tuesday.
The supermarket chain said just 0.78% of the 10 million metric tons of food in its stores went unsold last year, and that it redistributed 43% of that unsold food to some of the nearly 7,000 charities and community groups that it works with.
Tesco Chief Executive Officer Dave Lewis urged other businesses to report their food waste data to not only help hungry people but also cut greenhouse gas emissions.
"Publicly reporting food data is crucial to delivering on this ambition," Mr. Lewis said.
Write to Dieter Holger at dieter.holger@dowjones.com; @dieterholger
(END) Dow Jones Newswires
May 14, 2019 08:44 ET (12:44 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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