7-Eleven: Convenience and Conservation
7-Eleven Collaborates with Conservation International to Maximize Efforts in Energy Conservation, Packaging Improvements and Sets Goal for Increased Community Engagement.
IRVING, Texas, July 11, 2016 // PRNewswire // -- 7-Eleven, Inc., the world's largest convenience retailer, is working with Conservation International (CI), a nonprofit organization dedicated to building a healthier, more prosperous and more productive planet through science, policy and partnerships, to set measurable corporate social responsibility (CSR) goals to reduce its environmental footprint.
7-Eleven's CSR mission has three focus areas – planet, products and people. Using 2015 as a baseline, 7-Eleven® will continue to reduce its carbon footprint and increase community engagement in the U.S. andCanada by concentrating on energy, packaging and philanthropy.
Specifically, it is 7-Eleven's goal to:
- Reduce its packaging footprint by 20 percent by 2025
- Reduce its energy footprint in stores and offices by 20 percent by 2025
- Increase corporate giving to 1 percent of operating net income annually, beginning in 2017
"These goals are specific and measurable," said Joe DePinto, 7-Eleven president and chief executive officer. "We've already taken important steps to reduce our carbon footprint, and these new targets will help us focus our efforts to make even greater strides."
7-Eleven has decreased electricity use in store operations by an estimated 21 percent over the past seven years through projects including installing LED lighting, energy management systems and high efficiency HVAC units.
7-Eleven has also joined CI's Business and Sustainability Council, a forum for corporate leaders taking positive environmental actions in their businesses, to explore mutually beneficial ways to further reduce its environmental impact.
"It is no secret that the conveniences that make each day better for us all require resources from nature," said Peter Seligmann, Chairman and CEO of Conservation International. "7-Eleven's 2025 goals reveal how a company can make decisions that support their business as well as our planet's future. Conservation International is thrilled to support 7-Eleven in this endeavor."
The retailer is designing eco-friendly packaging in order to reduce waste, including a recyclable stay-hot coffee cup, Private Brand beverage bottles made with recycled materials, and hot foods packaging made with less material.
Starting in 2017, 7-Eleven will tie its corporate giving to its performance, giving back 1 percent of its operating net income annually with a focus on expanding participation in two of its most successful programs benefitting youth:
Created in 2012, the Project A-Game™ program has awarded nearly 1,800 financial grants totaling more than $900,000 to local schools and youth sports organizations.
The Operation Chill® program partners with over 900 local law enforcement agencies to reward young people caught in the act of "doing good" with a free Slurpee® drink coupon. During its 21 year span, more than 15 million coupons have been distributed.
More information about 7-Eleven and its focus on corporate social responsibility is available athttp://corp.7-eleven.com/corp/corp-social-responsibility.
About 7-Eleven, Inc.
7-Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Irving, Texas, 7-Eleven® operates, franchises and licenses more than 10,700 7-Eleven stores in North America. Globally, approximately 59,500 7-Eleven stores serve customers in 17 countries. Find out more online atwww.7-Eleven.com.
About Conservation International
Conservation International (CI) uses an innovative blend of science, policy and partnerships to protect the nature people rely on for food, fresh water, and livelihoods. Founded in 1987, CI works in more than 30 countries on six continents to ensure a healthy, prosperous planet that supports us all. Learn more about CI and follow our work on Facebook, Twitter, Instagram and YouTube.
SOURCE 7-Eleven, Inc.
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