Sprouts reports 21% growth in plant-based alternatives

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In 2022, specialty retailer Sprouts Farmers Market focused on sustainable and responsibly sourced products, eliminating waste and hunger, and reducing its carbon footprint and plastics, according to its latest environmental report. 

According to its latest environmental, social, and governance report, Sprouts has worked with third-party advisors over the last few years to accomplish its commitments. These advisors engaged with stakeholders on matters relevant to the business, including Sprouts' leadership, team members, investors, suppliers, non-governmental organizations, sustainability professionals, and academics. 

The third-party advisors also conducted a series of internal and external in-depth interviews with stakeholders to identify the most relevant topics for Sprouts. 

“Our success is rooted in our philosophy of ‘doing well by doing good’ which underscores the importance of operating our business in a way that demonstrates care for our team members, customers, communities, vendor partners, and the planet,” said Brandon Lombardi, chief sustainability officer of Sprouts Farmers Market.

Related:Sprouts Farmers Market opens second store in Virginia

Other report highlights from 2022 include: 

Sprouts was also focused on its employees, with 24% of team members promoted and 1,600 new jobs created through 16 new store openings. 

In addition, Lombardi noted that Sprouts received a AAA rating from Morgan Stanley Capital International (MSCI) and was designated a “Global 100 Most Sustainable Corporation in the World” by the sustainable economy magazine Corporate Knights. 

Headquartered in Phoenix, Ariz., Sprouts employs approximately 31,000 employees and operates more than 380 stores in 23 states across the U.S.