Company Shop Group has today announced that the total number of surplus food and product items it has redistributed within the last year has reached over 80 million, collectively saving its network of members over £64million on their food bill.
The figures are revealed in the Group’s new Corporate Surplus Responsibility Report, which celebrates the most ambitious period in its 50-year history. This includes the rapid expansion of its store network and national distribution infrastructure, with 5 new stores, and an ever-increasing number of partners across different sectors.
The latest Report reveals the Group paid over £20million back to industry partners for their surplus stock last year. This brings the total financial return delivered by the Group over the last decade to an astonishing £139million.
The Group also continued to push the boundaries by extending the categories of surplus stock it could unlock, with the volume of non-food items (household, clothing, homeware) it redistributed increasing by over a quarter within the year.
2020 saw the Group lead the way in upskilling the sector by inspiring industry leaders, through the launch of the Group’s pioneering Luminary Programme, with delegates from global companies including Amazon, Coca-Cola and Unilever receiving mentoring support to help reduce unnecessary waste and prompt further innovation.
As part of the Group’s rallying efforts to support the industry and communities during the COVID-19 pandemic, it temporarily extended its membership criteria across its Company Shop stores to include almost all key workers as well as those on means-tested benefits. This resulted in members collectively saving over £64million on their shopping due to the deeply reduced prices of products.
The lifeline the Group provided to families during the last year through the work of its award-winning social enterprise, Community Shop, was also detailed. Community Shop provided essential food access and life-changing personal development support to thousands of families in low-income communities, including generating the equivalent of 30 million meals.
The Group, which is the UK’s largest redistributor of surplus products, is now calling for even more businesses to implement sustainable and intelligent surplus management plans into their operations and respective supply chains.
The Report comes three months since the Group was acquired by Biffa, which positioned it strongly for future growth.
Steph McGinty, Managing Director of Company Shop Group said: