Krasnodar, Russia (November 8, 2019): Magnit, one of Russia’s leading retailers, has today confirmed its membership to The Consumer Goods Forum (CGF), highlighting the company’s commitment to implement sustainable business practices. The CGF is the only CEO-led organisation that brings consumer goods retailers and manufacturers together globally and is driven by a positive change agenda that its members create, support and implement.

Bringing together key consumer goods retailers and manufacturers, including Walmart, Kellogg, Nestlé, Campbell Soup, Amazon, The Coca-Cola Company, Procter & Gamble, PepsiCo and Danone, the CGF is working collaboratively on 10 key topics, including plastic and food waste, health, refrigeration, deforestation, product data and food safety.

Peter Freedman, Managing Director of The Consumer Goods Forum, said, “The CGF is in a unique position to drive positive change and efficiency across the consumer goods industry and around the world. We do so for the benefit of both people and the planet, as well as our businesses. More and more, people today want brands to contribute to positive change and to be honest about their achievements. Our members understand that the problems we are working on are too profound to be solved by even the largest companies on their own. That’s why I’m very glad to welcome Magnit as our new member. I am sure that given the scale of operations of Magnit in Russia, the CGF will benefit from a new geography of consumer insights and will contribute to executing Magnit’s sustainability strategy for the coming years”.

Jan Dunning, President and CEO of Magnit, commented: “Magnit is one of the largest Russian retailers. We have over 21 thousand stores in more than 3.3 thousand cities, and about 300 thousand employees all over the country. The enormous scale of our business and its impact on society make sustainable development a crucial part of our long-term business strategy. We are honoured to join The Consumer Goods Forum which offers a unique opportunity to work effectively to achieve positive changes by bringing together retailers and producers for exchange of best practices to the benefit of our customers and employees”.

Magnit Joins The Consumer Goods Forum