PCC Community Markets, the largest community-owned food market in the U.S., has grown 13 percent in the last year, according to its Co-op Purposes Report which defines the retailer's impact, goals, and Justice, Equity, Diversity, and Inclusion initiatives.
"After a second full year of social, economic and environmental upheaval stemming from the global pandemic and persistent societal inequities, it is comforting to reflect on the common purpose that unites our co-op: PCC’s vision to inspire and advance the health and well-being of people, their communities and our planet,” said Krish Srinivasan, PCC Community Markets CEO, in a statement. “I am deeply committed to transparency with our staff and members. Our Co-op Purposes Report is one element of that work that is in service to our members, providing an overview of our collected mission-related work, accomplishments and impact in 2021.”
In the report, PCC outlined a triple bottom line operating model, balancing environmental, social, and economic goals while also mitigating environmental impacts and giving back to its community.
The co-op also provided annual financial documentation. In 2021, it gave more than 65 percent of pretax earnings back to the members and communities it serves, including to nonprofits in the Puget Sound area.
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