DIA Unveils the Group’s First Sustainability Plan

The DIA Group presented this Tuesday, June 22nd, in Madrid what will be the company’s first sustainability plan for the next three years. A framework for action based on 15 areas classified into three categories: environmental sustainability, social sustainability, and community investment.

“We are going through a very tough transformation process that affects many areas and departments of the company. In some areas it is very easy to see the change that DIA is undergoing; in the own brand, for example, quality has improved greatly. Other changes, such as the new franchise model, are not so obvious. Within this part that is not so predictable is the Strategic Sustainability Plan,” explained Santiago Martínez Lage, corporate director of the DIA Group.

Read more about the sustainability plan the DIA Group has recently announced and find the latest financial headlines with our companion app Born2Invest.

The plan, approved by the Board of Directors last February, covers the entire Group, including Portugal, Argentina and Brazil

The food chain will announce in the coming months the specific actions that will be framed within the strategic plan, although they have advanced that the measures will revolve around proximity. “A very striking fact is that 65% of the Spanish population has a DIA within a 15-minute walk from their homes. This proximity is one of the pillars on which we wanted to base this plan,” Martínez Lage explained.

The process of drawing up the Plan involved the collaboration of independent sustainability experts and the company’s management. In addition, the company explained that it has taken into account the company’s actions in this area.

“For us it was very important that sustainability was understood as a management approach that affects all departments of the company. It is more of a philosophy when it comes to business management. It is very important that it is not understood as an end but as a means to achieve what we really want, to be competitive now and in the short-medium term,” added Alma Román, the Group’s Sustainability Manager.

__

(Featured image by jarmoluk via Pixabay)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in elEconomista.es, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.