ICA Gruppen AB: Greater sustainability focus in ICA Gruppen’s management and board

Regulatory News:

To further strengthen ICA’s sustainability work, Kerstin Lindvall has been named Chief Corporate Responsibility Officer and as a member of ICA Gruppen’s Management Team. In conjunction with this a sustainability committee is being formed in ICA Gruppen’s board to increase focus on CR issues.

"Our ambition is to be a leader in corporate responsibility, an area in which we currently have a prominent position. But to ensure a sustainability perspective on all matters, we have now brought Kerstin onto ICA Gruppen’s management team and are creating a board committee dedicated to these issues,” comments Per Strömberg, President and CEO of ICA Gruppen.

The Sustainability Committee’s duties are grounded in the Corporate Governance Code’s instructions on a board’s responsibility for setting guidelines for the company’s role in society. Among other duties, the committee will draft policies for business ethics and sustainability, set the framework for the company’s sustainability reporting (annual and quarterly), and monitor the company’s work with business ethics and sustainability.

Kerstin Lindvall joined ICA in 1997 and has served as SVP Corporate Responsibility for ICA Sweden since 2009.

ICA Gruppen AB (publ) is a leading retail company with a focus on food and health. The Group includes ICA Sweden and Rimi Baltic which mainly conduct grocery retail, ICA Real Estate which owns and manages properties, ICA Bank which offers financial services and Apotek Hjärtat which conducts pharmacy operations. The Group also includes Hemtex. For more information see icagruppen.se

ICA Gruppen discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08:45 CET on Friday, 30 September 2016.

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