Kroger 2012 Annual Report Download - page 55

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53
TH E B O A R D O F D I R E C T O R S R E C O M M E N D S A V O T E A G A I N S T TH I S P R O P O S A L F O R T H E
FO L L O W I N G R E A S O N S :
Kroger shares many of the proponent’s concerns regarding the social and environmental impacts of
palm฀oil฀production.฀This฀is฀a฀developing฀issue฀for฀many฀of฀our฀suppliers,฀and฀we฀are฀committed฀to฀working฀
with them to explore options to improve sustainability in the palm oil production supply chain.
Kroger has recently announced a Palm Oil Policy via our corporate website and news release. The policy
includes฀an฀endorsement฀of฀the฀Roundtable฀for฀Sustainable฀Palm฀Oil฀(RSPO).฀In฀accordance฀with฀Kroger’s฀policy,฀
we will purchase only 100% Certified Sustainable Palm Oil by the end of 2015 through active RSPO members.
The company will also disclose progress in our annual sustainability report at www.sustainability.kroger.com.
Kroger believes the resolution as written would require significantly more resources and is redundant
given our recently announced Palm Oil Policy.
For these reasons, we recommend that you vote AGAINST this proposal.