Food Lion 2006 Annual Report Download - page 26

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DELHAIZE GROUP / ANNUAL REPORT 2006
24
DELHAIZE GROUP SUPPORTS SOCIAL INITIATIVES IN LOCAL COMMUNITIES AND IS
COMMITTED TO HIGH STANDARDS OF ETHICS AND TRANSPARENCY.
THE COMMUNITY
Support and Charity
Delhaize Group wants to support the
communities in which it operates.
We contribute to initiatives aimed at
improving education, reducing hunger
and poverty, encouraging healthy
eating habits and developing healthcare
awareness.
Delhaize Group’s companies have long-
term partnerships with the Food Banks
in their region. In 2006, together with
their customers, they donated more
than 23,000 tons of food products to
organizations such as America’s Second
Harvest, the Belgian and Greek Food
Banks and other local food banks. Food
Lion is the second largest contributor to
America’s Second Harvest.
Food Lion supports Family Day, a
national effort to prevent substance
abuse among children and teenagers by
encouraging parent-child communication
and interaction through having dinner
together frequently.
organizes activities to promote physical
activity and healthy eating patterns,
especially towards youngsters.
In 2006, Delhaize Group’s operating
companies donated EUR 6.3 million
in cash and more than 19,000 tons of
products to various organizations. In
addition, EUR 4.1 million in cash and
4,000 tons of products were raised from
customers, associates and suppliers.
Governance and Transparency
Delhaize Group is committed to good
corporate governance and high ethical
standards. The company has a Code
of Ethics and Business Conduct and
a Corporate Governance Charter,
which can be viewed on the corporate
website. More information on corporate
governance can be found in the
corporate governance chapter of this
report (p. 46).
As owners of the Company, Delhaize
Group’s shareholders are entitled to
full disclosure of information. The
Group continued communication
efforts targeted to institutional and
retail investors. Every quarter, at the
occasion of the publication of our
fi nancial results, the Company hosts
a publicly accessible conference call.
In 2006, Delhaize Group organized a
second investor fi eld trip to the U.S. All
presentations were available through
real-time webcast. In recognition of our
communications efforts, Delhaize Group
was ranked best Belgian company for
investor relations by Extel Thomson
and Institutional Investor in 2006.
Our operating companies structurally
support schools and healthcare
initiatives. Hannaford and Food
Lion participated in efforts to raise
breast cancer awareness. Food Lion
helped create a nutrition center at
Duke Children’s Hospital. Alfa-Beta
participated in the purchase of a digital
mammography scanner for the Hellenic
Cancer Society and provided fi nancial
support to several health organizations.
Food Lion continued its partnership
with the Children’s Miracle Network
and Easter Seals.
As they did during the previous years
with Hurricane Katrina and the tsunami
in Asia, Delhaize Group’s operating
companies continued to support
disaster relief initiatives. In 2006, Super
Indo supported the reconstruction of
a primary school after the Yogyakarta
earthquake in Indonesia and started a
fundraising campaign after the serious
fl ooding that hit Jakarta in early 2007.
Associates of Delhaize Belgium who
are active in charitable associations
can apply for fi nancial support from
the Company to the associations.
Delhaize Belgium continued to support
the Olympic Health Foundation, which
Super Indo and its customers supported local
schools after the devastating Yogyakarta earthquake.