Business

Musgrave NI invests £2.7m in major new sustainability fund

Launching the sustainability fund is Musgrave NI managing director Trevor Magill with 10-year-olds Cillian Quinn (Clea PS) and Lara Donnelly (St Francis of Assisi PS). Picture: Brian Thompson

MUSGRAVE NI is investing £2.7 million in its SuperValu and Centra stores in the north as part of a new sustainability fund aimed at empowering retailers to achieve net zero carbon by 2040.

The fund, part of Musgrave’s island of Ireland sustainability strategy, will result in a 12 per cent carbon reduction by the company over a two-year period.

In Northern Ireland, it will equate to planting more than 31,000 trees or powering 426 homes every year as it will remove over 840 tonnes of carbon.

Musgrave NI is committing £42,500 to each of its SuperValu stores and £21,250 per Centra store.

Retailers can select suitable initiatives based on each store’s needs and set-up, including upgrading freezers and refrigeration units, LED lighting retrofit, solar panels, and electronic shelf edge labels (eSELs).

Musgrave’s new sustainability strategy aims to reduce its carbon emissions to reach net zero carbon by 2040, provide consumers with more sustainable shopping choices in-store and work with retailers to ensure their stores are sustainable.

Trevor Magill, managing director at Musgrave Northern Ireland, said: “The climate crisis is the biggest threat to humanity, and we all have a responsibility to act now to protect the planet for generations to come.

“We are committed to leading when it comes to climate action, and this is something we’ve been really focused on in recent years. This £2.7 million sustainability fund is another step forward in supporting our retail partners to reduce their carbon emissions.

“Our SuperValu and Centra retailers are at the heart of local communities here, they’re invested in the future of those communities but also uniquely positioned to show leadership in sustainability at a local level.

“We look forward to working with those retailers on this fund and our other sustainability initiatives aimed at educating shoppers and encouraging our suppliers to play their part in creating a more sustainable future.”

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