Asda is to extend its sustainability scheme Sustain & Save Exchange in a bid to help food and drink suppliers save and invest £50m across their supply chains by 2020.
The Leeds-based grocer launched the Sustain & Save Exchange in 2012, saying it wanted to build a world class supplier base which sets the bar for sustainability.
The programme provides suppliers with a free online tool which gives them access to information and ideas, and allows them to share best practice to increase their efficiency.
Suppliers are also invited to join a range of workshops and site visits to evaluate technologies and approaches used by all types of food operations.
Asda said that more than 1,200 members from its fresh, chilled and frozen suppliers have improved operational efficiency using the Sustain & Save Exchange, collectively saving and investing more than £21m.
The firm said the success of the programme has prompted it to open up the initiative to all of its food and drink suppliers.
Suppliers have also reduced their environmental impact. More than 35,000 tonnes of CO2 emissions have been removed from the supply chain – equivalent to the CO2 emissions of around 8,000 households. Over half of the forum’s members have made savings on energy, while one in ten have cut back on waste.
Andrew Moore, chief merchandising officer at Asda, said: “The success of the Sustain & Save Exchange has been far beyond our expectations with our suppliers already making some impressive savings and improvements to their businesses. We have created a valuable and credible resource for our suppliers.”